funder logo

THE SYLVAN C HERMAN FOUNDATION INC

THE SYLVAN C HERMAN FOUNDATION INC

Washington, DC, US
501(c)3
EIN
20-3265230
Private Foundation
Family Foundation
Regional Funder
funder logo

THE SYLVAN C HERMAN FOUNDATION INC

Washington, DC, US
501(c)3
EIN
20-3265230
Private Foundation
Family Foundation
Regional Funder

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$10,776,099

Other
79%
Investments
21%
Contributions
<1%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$9,649,131

Salaries & Benefits
51%
Grants
21%
Other
13%
Depreciation
7%
Fees to Service Providers
5%
Offices, Occupancy & IT
2%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$12,200
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$2,300,105
$2,284,024
-1%
Other
$14,484,621
$8,479,875
-41%
Total Revenues
$16,784,726
$10,776,099
-36%
Expenses
2023
2024
Change
Grants
$1,665,180
$2,021,724
+21%
Benefits to Members
$0
$0
-
Salaries & Benefits
$4,811,650
$4,960,285
+3%
Fees to Service Providers
$484,701
$491,396
+1%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$119,929
$210,460
+75%
Interest
$0
$0
-
Depreciation
$661,961
$710,446
+7%
Other
$1,285,877
$1,254,820
-2%
Total Expenses
$9,029,298
$9,649,131
+7%
Net income
2023
2024
Change
Net income
+$7,755,428
+$1,126,968
-85%
Income Statement
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