Funder DirectoryTHE HERMES FOUNDATION
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Private foundation (trust)EIN 346930405Est. 1990-10

THE HERMES FOUNDATION

SHAKER HEIGHTS, OH 44120

Accepts unsolicited proposals

Total Assets

$1.0M

FY 2023

Annual Giving

$39K

FY 2023

Grants Made

14

FY 2023

Avg Grant

$3K

FY 2023

Grant Range

$100–$25K

Typical

Deadlines

Open / rolling

Applications

Programs & Activities

Program 1

The foundation is involved in no activities beyond providing cash grants to public charities. For 2023, grants were paid to 14 charities.

Financial Snapshot

2023 filing

Total Revenue

$103K

Total Expenses

$50K

Qualifying Distributions

$39K

Distributable Amount

$47K

Min. Investment Return

$47K

Payout rate 83%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.83%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

14 grants

Grant sizes from minimum $100 through median $1K to maximum $25K, 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 2020 to 2023. Peak $39K in 2023. Hover bars for details.

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

Top Recipients

58 grants

CLEVELAND MUSEUM OF ART
$45K
4 grants
ST PAUL'S EPISCOPAL CHURCH
$21K
4 grants
ROYAL OAK FOUNDATION
$20K
2 grants
THE BISHOPS ANNUAL APPEAL
$7K
3 grants
CITY OF ASYLUM
$6K
2 grants
IDEASTREAM
$4K
2 grants
LITERARY CLEVELAND
$3K
3 grants
VESTERHEIM
$2K
3 grants

Grant Size Distribution

58 grants

<$10K
57
grants
$10–50K
1
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

7 states

Ohio
$89K
71% of total
New York
$21K
17% of total
Pennsylvania
$6K
5% of total
California
$4K
3% of total
Iowa
$2K
2% of total
Illinois
$2K
1% of total
Virginia
$1K
1% of total

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THE HERMES FOUNDATION — Grants, Financials & Contact | Grantivo