//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Joe And Lee Herring Family Foundation is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2013. The principal officer is Foundation Source. It holds total assets of $4.4M. Annual income is reported at $1.3M. Total assets have grown from $462K in 2011 to $4.4M in 2022. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2022. The foundation primarily funds organizations in Georgia and South Carolina. According to available records, Joe And Lee Herring Family Foundation has made 21 grants totaling $672K, with a median grant of $20K. Annual giving has grown from $275K in 2021 to $398K in 2022. Individual grants have ranged from $1K to $100K, with an average award of $32K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Georgia, South Carolina, Louisiana, which account for 95% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$15K
Largest Grant
$60K
Based on 11 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.
Joe And Lee Herring Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in GA, SC, LA.
Joe And Lee Herring Family Foundation has distributed a total of $672K across 21 grants. The median grant size is $20K, with an average of $32K. Individual grants have ranged from $1K to $100K.
Joe And Lee Herring Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Joe And Lee Herring Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joe Herring | PRESIDENT | $0 | $0 | N/A |
Total Giving
$236K
Total Assets
$4.4M
Fair Market Value
$4.1M
Net Worth
$4.4M
Grants Paid
$199K
Contributions
N/A
Net Investment Income
$384K
Distribution Amount
$214K
Total: $823K
Total Grants
21
Total Giving
$672K
Average Grant
$32K
Median Grant
$20K
Unique Recipients
12
Most Common Grant
$20K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Savannah Classical Academy Fdn IncUNRESTRICTED GENERAL | Savannah, GA | $100K | 2022 |
| Savannah Wildlife Rescue Center IncUNRESTRICTED GENERAL | Savannah, GA | $45K | 2022 |
| United Way Of The Coastal Empire IncUNRESTRICTED GENERAL | Savannah, GA | $25K | 2022 |
| Real Champions IncUNRESTRICTED GENERAL | Ridgeland, SC | $20K | 2022 |
| Telfair Museum Of Art IncUNRESTRICTED GENERAL | Savannah, GA | $8K | 2022 |
| St Joseph'Scandler FdnUNRESTRICTED GENERAL | Savannah, GA | $1K | 2022 |
| Hope Community ChurchUNRESTRICTED GENERAL | Ridgeland, SC | $50K | 2021 |
| First Baptist Church Of New RoadsUNRESTRICTED GENERAL | New Roads, LA | $50K | 2021 |
| Georgia Historical SocietyUNRESTRICTED GENERAL | Savannah, GA | $20K | 2021 |
| Folds Of Honor FoundationUNRESTRICTED GENERAL | Greer, SC | $9K | 2021 |
| Leukemia & Lymphoma SocietyUNRESTRICTED GENERAL | Rye Brook, NY | $5K | 2021 |
| National Society Of Colonial Dames In GaUNRESTRICTED GENERAL | Savannah, GA | $3K | 2021 |