Funder DirectoryRICHARD AND ETHEL HERZFELD
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Private foundation (trust)EIN 237230686Est. 1974-03

RICHARD AND ETHEL HERZFELD

MILWAUKEE, WI 53202

Accepts unsolicited proposals

Total Assets

$76.2M

FY 2023

Annual Giving

$2.3M

FY 2023

Grants Made

52

FY 2023

Avg Grant

$44K

FY 2023

Grant Range

$5K–$167K

Typical

Deadlines

February 1, may 1, and august 1

Applications

Financial Snapshot

2023 filing

Total Revenue

$1.5M

Total Expenses

$2.9M

Qualifying Distributions

$2.7M

Distributable Amount

$3.6M

Min. Investment Return

$3.6M

Payout rate 76%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.76%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

52 grants

Grant sizes from minimum $5K through median $30K to maximum $167K, 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

4 years

Giving over time from 2018 to 2023. Peak $8.5M in 2018. Hover bars for details.

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

Top Recipients

261 grants

MILWAUKEE BALLET
$3.5M
7 grants
MILWAUKEE ART MUSEUM
$1.6M
8 grants
MILWAUKEE REPERTORY THEATER
$1.5M
5 grants
MILWAUKEE SYMPHONY ORCHESTRA
$1.3M
7 grants
MILWAUKEE FILM INC
$1.1M
7 grants
MARCUS CENTER FOR THE PERFORMING ARTS
$850K
3 grants
FLORENTINE OPERA COMPANY
$650K
7 grants
UWM Research Foundation Inc
$500K
1 grant

Grant Size Distribution

261 grants

<$10K
36
grants
$10–50K
165
grants
$50–250K
53
grants
$250K–1M
6
grants
$1–5M
1
grants
$5M+

Geographic Focus

3 states

Wisconsin
$18.2M
99% of total
New York
$100K
1% of total
District of Columbia
$60K
0% of total

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RICHARD AND ETHEL HERZFELD — Grants, Financials & Contact | Grantivo