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HERRICK FOUNDATION

HERRICK FOUNDATION

ANN ARBOR, MI, US
•
501(c)(3)
•
EIN
38-6041517
•
HERRICKFDN.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
funder logo

HERRICK FOUNDATION

ANN ARBOR, MI, US
•
501(c)(3)
•
EIN
38-6041517
•
HERRICKFDN.ORG
•
Open for Solicitation
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$7,183,854

Investments
63%
Other
37%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$8,956,937

Grants
83%
Salaries & Benefits
6%
Fees to Service Providers
5%
Other
5%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$4,606,709
$4,506,073
-2%
Other
-$3,118,815
$2,677,781
-186%
Total Revenues
$1,487,894
$7,183,854
+383%
Expenses
2023
2024
Change
Grants
$7,175,167
$7,463,088
+4%
Benefits to Members
$0
$0
-
Salaries & Benefits
$449,241
$578,267
+29%
Fees to Service Providers
$592,073
$459,410
-22%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$20,720
$16,983
-18%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$268,747
$439,189
+63%
Total Expenses
$8,505,948
$8,956,937
+5%
Net income
2023
2024
Change
Net income
-$7,018,054
-$1,773,083
+75%
Income Statement
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