Private foundation (trust)EIN 386041517Est. 1949-11

HERRICK FOUNDATION

ANN ARBOR, MI 48105

Accepts unsolicited proposals

Total Assets

$183.8M

FY 2023

Annual Giving

$7.5M

FY 2023

Grants Made

53

FY 2023

Avg Grant

$141K

FY 2023

Grant Range

$10K–$1M

Typical

Deadlines

Open / rolling

Applications

Financial Snapshot

2023 filing

Total Revenue

$7.2M

Total Expenses

$9.0M

Qualifying Distributions

$8.2M

Distributable Amount

$8.6M

Min. Investment Return

$8.7M

Undistributed Income

$7.9M

Payout rate 95%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.95%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

53 grants

Grant sizes from minimum $10K through median $50K to maximum $1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2019 to 2023. Peak $7.8M in 2019. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

205 grants

UNIVERSITY OF MICHIGAN
$4.2M
5 grants
INTERLOCHEN CENTER FOR THE ARTS
$3.9M
8 grants
GREAT LAKES CENTER FOR THE ARTS
$2.6M
7 grants
HENRY FORD HEALTH SYSTEM
$2.5M
5 grants
THE NATURE CONSERVANCY
$1.5M
2 grants
PACKARD HEALTH
$1.5M
2 grants
GLEANERS COMMUNITY FOOD BANK INC
$1.4M
5 grants
MI COALITION TO END DOMESTIC AND SE
$1.1M
1 grant

Grant Size Distribution

205 grants

<$10K
22
grants
$10–50K
67
grants
$50–250K
81
grants
$250K–1M
34
grants
$1–5M
1
grants
$5M+

Geographic Focus

9 states

Michigan
$35.2M
93% of total
Ohio
$825K
2% of total
Arizona
$715K
2% of total
Virginia
$460K
1% of total
New York
$250K
1% of total
Indiana
$110K
0% of total
District of Columbia
$100K
0% of total
Massachusetts
$44K
0% of total
Washington
$25K
0% of total

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HERRICK FOUNDATION — Grants, Financials & Contact | Grantivo