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Hermundslie Foundation is a private corporation based in TUCSON, AZ. The foundation received its IRS ruling in 1969. It holds total assets of $3.3M. Annual income is reported at $114K. Total assets have decreased from $12.3M in 2011 to $3.3M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Arizona and New York. According to available records, Hermundslie Foundation has made 26 grants totaling $571K, with a median grant of $10K. The foundation has distributed between $173K and $211K annually from 2020 to 2023. Individual grants have ranged from $1K to $126K, with an average award of $22K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Arizona, Texas, Colorado, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$21K
Largest Grant
$126K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hermundslie Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in AZ, TX, CO.
Hermundslie Foundation has distributed a total of $571K across 26 grants. The median grant size is $10K, with an average of $22K. Individual grants have ranged from $1K to $126K.
Hermundslie Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (237001359) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Hermundslie Foundation is headquartered in TUCSON, AZ. While based in AZ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gerold D Hermundslie | President | $0 | $0 | N/A |
| Gloria Fitzgerald | Vice-Pres. | $0 | $0 | N/A |
| Carol A Hermundslie | Secretary | $0 | $0 | N/A |
Total Giving
$460K
Total Assets
$3.3M
Fair Market Value
$4M
Net Worth
$3.3M
Grants Paid
$188K
Contributions
N/A
Net Investment Income
$205K
Distribution Amount
$190K
Total: $2.6M
Total Grants
26
Total Giving
$571K
Average Grant
$22K
Median Grant
$10K
Unique Recipients
15
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| 4 TucsonEducation | Tucson, AZ | $120K | 2023 |
| Saguaro Canyon ChurchReligious | Tucson, AZ | $15K | 2023 |
| Goldwater InstituteEducation | Tucson, AZ | $10K | 2023 |
| Romans 12 MinistriesEducation | Tucson, AZ | $10K | 2023 |
| Center For Arizona PolicyEducation | Phoenix, AZ | $10K | 2023 |
| Eric Hite FoundationEducation | Tucson, AZ | $8K | 2023 |
| NavigatorsEducation | Colorado Springs, CO | $5K | 2023 |
| Patriot AcademyEducation | Houston, TX | $5K | 2023 |
| Faith ChurchReligious | Tucson, AZ | $5K | 2023 |
| Desert Christian SchoolsEducation | Tucson, AZ | $20K | 2020 |
| Boy Scouts So Arizona CouncilEducation | Tucson, AZ | $11K | 2020 |
| Mentoring Tucson'S KidsEducation | Tucson, AZ | $7K | 2020 |
| Laura KonnEducation | Westfield, NY | $6K | 2020 |
| Faith Christian Church Campus MinistriesReligious | Tucson, AZ | $5K | 2020 |
| One On One MentoringEducation | Tucson, AZ | $1K | 2020 |