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Laurence E Herman Family Foundation is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 2008. The principal officer is Laurence E Herman. It holds total assets of $3.4M. Annual income is reported at $113K. Total assets have grown from $1.3M in 2011 to $2.5M in 2023. The foundation is governed by 3 officers and trustees. 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 2023. The foundation primarily funds organizations in Illinois and New York. According to available records, Laurence E Herman Family Foundation has made 63 grants totaling $472K, with a median grant of $1K. The foundation has distributed between $104K and $138K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $138K distributed across 17 grants. Individual grants have ranged from $100 to $115K, with an average award of $7K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Ohio, Illinois, Minnesota, which account for 89% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$1K
Average Grant
$8K
Largest Grant
$115K
Based on 17 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.
Laurence E Herman Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in OH, IL, MN.
Laurence E Herman Family Foundation has distributed a total of $472K across 63 grants. The median grant size is $1K, with an average of $7K. Individual grants have ranged from $100 to $115K.
Laurence E Herman Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Laurence E Herman Family Foundation is headquartered in OAK BROOK, IL. While based in IL, the foundation distributes grants to organizations across 5 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laurence E Herman | Director | $0 | $0 | N/A |
| Leslie S Herman | Director | $0 | $0 | N/A |
| Laura B Winter | Director | $0 | $0 | N/A |
Total Giving
$148K
Total Assets
$2.5M
Fair Market Value
$2.5M
Net Worth
$2.5M
Grants Paid
$122K
Contributions
N/A
Net Investment Income
$33K
Distribution Amount
$118K
Total: $2.5M
Total Grants
63
Total Giving
$472K
Average Grant
$7K
Median Grant
$1K
Unique Recipients
22
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity Charitable GivingADVOCACY | Cincinatti, OH | $107K | 2023 |
| University Of Illinois FoundationADVOCACY | Urbana, IL | $3K | 2023 |
| Erie Family Health CenterADVOCACY | Chicago, IL | $3K | 2023 |
| Old Town School Of Folk MusicADVOCACY | Chicago, IL | $2K | 2023 |
| Northwestern Pritzker School Of LawADVOCACY | Evanston, IL | $2K | 2023 |
| United States Holocaust Memorial MuADVOCACY | Washington, DC | $1K | 2023 |
| Little CityADVOCACY | Inverness, IL | $1K | 2023 |
| Ronald Mcdonald House CharitiesADVOCACY | Oak Brook, IL | $1K | 2023 |
| Camp One StepADVOCACY | Chicago, IL | $1K | 2023 |
| Folds Of HonorADVOCACY | Inverness, IL | $500 | 2023 |
| Camp ThunderbirdADVOCACY | Minneapolis, MN | $500 | 2023 |
| Dupage PadsADVOCACY | Wheaton, IL | $500 | 2023 |
| Oak Brook Park District FoundationOPERATING | Oak Brook, IL | $250 | 2023 |
| Greater Chicago Food DepositoryADVOCACY | Chicago, IL | $250 | 2023 |
| Oak Brook Historical SocietyADVOCACY | Oak Brook, IL | $200 | 2023 |
| Dr Martin Luther King Unity FundADVOCACY | Downers Grove, IL | $200 | 2023 |
| American Jewish CommitteeADVOCACY | New York, NY | $100 | 2023 |
| Graue Mill Endowment FundADVOCACY | Oak Brook, IL | $100 | 2023 |
| River Of Light LtdADVOCACY | Westchester, IL | $5K | 2022 |
| Michael J Fox FoundationADVOCACY | New York, NY | $100 | 2022 |