Hermann Foundation Inc is a private foundation based in Worcester, Massachusetts, established in 2003. As a 501(c)(3) organization, it operates as an independent grantmaking foundation with a staff of two employees.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$59.4M
+2.6% YoY
Annual Giving
$4.6M
+2.7% YoY
Grant Count
68
-12.8% YoY
Avg Grant Size
$67K
+17.8% YoY
Mission & Focus Areas
The foundation's primary giving focuses on:
- Health care and medical research
- Education, including higher education
- Social services
- Children and youth services
- Arts and culture
- Environmental initiatives
The foundation primarily supports nonprofit organizations in Massachusetts, with particular emphasis on Boston, Worcester, and the Cape Cod area.
Grantmaking
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Geographic Focus
Where this funder awards grants
The foundation primarily supports nonprofit organizations in Massachusetts, with emphasis on:
- Boston
- Worcester
- Cape Cod area
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $57,903,306
- Total revenues: $6,603,860
- Total expenses: $5,159,192
- Investment income and dividends: $1,914,250
As of 2024:
- Total assets: $59,409,208
- Total giving: $4,553,045
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $59,409,208 | $57,903,306 | $56,458,638 |
| Revenue | $6,855,211 | $6,603,860 | $6,116,484 |
| Expenses | $5,349,309 | $5,159,192 | $5,175,280 |
| Qualifying Distributions | $4,553,045 | $4,434,000 | $4,353,000 |
| Net Investment Income | $6,325,247 | $6,113,057 | $5,601,843 |
| Distributable Amount | $4,758,716 | $4,123,161 | $4,283,086 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Maryann Copeland (Treasurer)
- Maria Starzyk (Trustee)
- Kerry Quinnin (Trustee)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARYANN COPELAND | TREAS/SEC/DIRECTOR | 20 | $75,000 |
| MARIA STARZYK | PRESIDENT/DIRECTOR | 35 | $200,000 |
| KERRY QUINNIN | DIRECTOR | 12 | $25,000 |
| EDWARD STARZYK | DIRECTOR | 12 | — |
| JENNIFER STARZYK | DIRECTOR | 12 | — |
Contact Information
Address: 89 Shrewsbury Street, Suite 200 Worcester, MA 01604-4655
Phone: 508-755-7107
EIN: 56-2385301
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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