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Also known as: C/O PETER M SOMMERHAUSER
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The Herma Family Foundation Inc. is a private corporation based in MILWAUKEE, WI. The foundation received its IRS ruling in 1994. It holds total assets of $593K. Annual income is reported at $33K. Total assets have decreased from $2.9M in 2011 to $570K in 2023. The foundation is governed by 6 officers and trustees. 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 Wisconsin, Florida and Indiana. According to available records, The Herma Family Foundation Inc. has made 10 grants totaling $2.1M, with a median grant of $5K. Annual giving has decreased from $2M in 2021 to $12K in 2022. Individual grants have ranged from $1K to $2M, with an average award of $206K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Wisconsin, Indiana, New York, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$1K
Average Grant
$336K
Largest Grant
$2M
Based on 6 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.
The Herma Family Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 10 grants. Its grantmaking reaches organizations primarily in WI, IN, NY.
The Herma Family Foundation Inc. has distributed a total of $2.1M across 10 grants. The median grant size is $5K, with an average of $206K. Individual grants have ranged from $1K to $2M.
The Herma Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Herma Family Foundation Inc. is headquartered in MILWAUKEE, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John F Herma | PRESIDENT/TREASURER/DIRECTOR | $0 | $0 | N/A |
| Susan M Herma | VICE PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Peter M Sommerhauser | ASSISTANT SECRETARY/DIRECTOR | $0 | $0 | N/A |
| Drew Herma | VICE PRESIDENT | $0 | $0 | N/A |
| Kyle Herma | SECRETARY | $0 | $0 | N/A |
| James N Phillips | DIRECTOR | $0 | $0 | N/A |
Total Giving
$129K
Total Assets
$570K
Fair Market Value
$570K
Net Worth
$570K
Grants Paid
$121K
Contributions
N/A
Net Investment Income
$11K
Distribution Amount
$29K
Total Grants
10
Total Giving
$2.1M
Average Grant
$206K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Delta Upsilon Educational Foundation IncCHARITABLE | Indianapolis, IN | $5K | 2022 |
| Elmbrook Humane Society IncCHARITABLE | Brookfield, WI | $1K | 2022 |
| Children'S Hospital Of Wisconsin Foundation IncCHARITABLE | Milwaukee, WI | $2M | 2021 |
| The Medical College Of Wisconsin IncCHARITABLE | Milwaukee, WI | $25K | 2021 |
| Memorial Sloan Kettering Cancer CenterCHARITABLE | New York, NY | $5K | 2021 |
| Working Faith Ministries Of South Florida IncCHARITABLE | Lake Placid, FL | $1K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI