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THE HERMES FOUNDATION

SHAKER HEIGHTS, OH 346930405

The Hermes Foundation is a philanthropic organization in Shaker Heights, Ohio, with assets of $832,715, managed by trustees Eric J. Nilson and Jeffrey Mostade, supporting projects across multiple U.S. states.

Overview

About THE HERMES FOUNDATION

The Hermes Foundation, based in Shaker Heights, Ohio, is a philanthropic organization with assets totaling $832,715. In the most recent fiscal period, the foundation reported expenses of $50,348 and revenue of $103,224. The foundation does not have a specified focus on particular subject areas but has funded projects in various cities across the United States, including Beachwood, Chicago Ridge, Cleveland, and others. It operates in several states such as California, Iowa, Illinois, New York, Ohio, Pennsylvania, and Virginia. The foundation is managed by trustees Eric J. Nilson and Jeffrey Mostade, both of whom serve without compensation.

Focus areas

N/A

Geographic focus

CAIAILNYOHPAVA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key statistics
Total Assets $833K
Total Awarded This Year $39K
Average Grant Size $3K
Total Grants (Previous Year) 3,143
Open to New Applicants
false
% New Applicants Funded
0%
Contact information
SHAKER HEIGHTS, OH, US
Geographic Funding Distribution

Financials

Total assets
$832,715

in 2024, compared to $780,626 in 2023

Annual grants
$39,250

14 grants awarded in 2024

Program expenses
85%

Of total expenses go to programs

Annual grant distribution
Revenue vs expenses
Assets over time

Grants

Grant awards
PurposeLocation
$25,000CLEVELAND MUSEUM OF ARTCHARITABLE11150 EAST BLVD CLEVELAND, OH US2024
$10,000ROYAL OAK FOUNDATIONCHARITABLE285 WEST BROADWAY ROOM 400 NEW YORK, NY US2022
$10,000CLEVELAND MUSEUM OF ARTCHARITABLE11150 EAST BLVD CLEVELAND, OH US2023
$6,000ST PAUL'S EPISCOPAL CHURCHCHARITABLE2747 FAIRMOUNT BLVD CLEVELAND HTS, OH US2024
$5,000CLEVELAND MUSEUM OF ARTCHARITABLE11150 EAST BLVD CLEVELAND, OH US2022
$5,000ST PAUL'S EPISCOPAL CHURCHCHARITABLE2747 FAIRMOUNT BLVD CLEVELAND HTS, OH US2022
$5,000ST PAUL'S EPISCOPAL CHURCHCHARITABLE2747 FAIRMOUNT BLVD CLEVELAND HTS, OH US2023
$3,000CITY OF ASYLUMCHARITABLE40 W NORTH AVE PITTSBURGH, PA US2022
$2,500THE BISHOPS ANNUAL APPEALCHARITABLE2330 EUCLID AVE CLEVELAND, OH US2023
$1,500LITERARY CLEVELANDCHARITABLE2515 N TAYLOR ROAD CLEVELAND HTS, OH US2022
44 row(s) total.

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People

Leadership & staff

Compensation data from most recent available 990 forms

Title
EJN
ERIC J NILSON
TRUSTEE$02022
JM
JEFFREY MOSTADE
TRUSTEE$02022
EJN
ERIC J NILSON
TRUSTEE$02023
JM
JEFFREY MOSTADE
TRUSTEE$02023
EJN
ERIC J NILSON
TRUSTEE$02024
JM
JEFFREY MOSTADE
TRUSTEE$02024
6 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025