Public Charity

FANNIE AND JOHN HERTZ FOUNDATION

FANNIE AND JOHN HERTZ FOUNDATION is a Public Charity headquartered in PLEASANTON, CA. Financial data from the 2025 filing: $12.2M revenue, $7.5M expenses, $48.6M total assets. 52 publicly reported grants to this organization, totaling roughly $9.4M, appear in IRS filings.

EIN: 362411723 PLEASANTON, CA Latest filing: 2025
Total Revenue$12.2M
Total Expenses$7.5M
Total Assets$48.6M
Grant Records52
Funding Total$9.4M
Filing Years2021–2025

Mission

THE HERTZ FOUNDATION IS COMMITTED TO ADVANCING AMERICAN SCIENTIFIC AND TECHNOLOGICAL LEADERSHIP. FOR NEARLY 70 YEARS, THE HERTZ FOUNDATION IDENTIFIED AND EMPOWERED THE NATION'S MOST EXCEPTIONAL INNOVATORS IN SCIENCE AND TECHNOLOGY, FUELING A LIFELONG COMMUNITY DEDICATED TO SOLVING OUR MOST PRESSING PROBLEMS.

Where $100 goes at Fannie and John Hertz Foundation

How Fannie and John Hertz Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$70 Programs the work itself
$12 Management running the organization
$18 Fundraising raising the next dollar

Inside the $70 for programs

$29
The hertz fellowship is the nation's most competitive doctoral fellowship in the applied sciences, engineering and mathematics
41% of program spending · Reported in the filing: 71 students
$22
Selection and mentoring of in-school fellows
32% of program spending
$19
The foundation supports a lifelong, interdisciplinary network of more than 1,300 hertz fellows worldwide, collectively responsible for some of the most significant scientific and technological progress of the…
27% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
SUPPORT FOR FELLOWSHIP PROGRAM
$850,000
2024
For grant recipient's exempt purposes
$324,858
2024
FOR RECIPIENT'S EXEMPT PURPOSE
$265,500
$201,000
2024
ECOSYSTEM GRANT
$200,000

Showing up to 5 of 52 total records — full history available with membership.

Officers & Directors

DIRECTOR Alfred Spector
DIRECTOR Amir Nashat
DIRECTOR OF COMMUNITY Anne Kornahrens
SECRETARY Carla Newman
DIRECTOR Carl Burns
DIRECTOR Cheri Ackerman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$4,514,529 34 grants
Education
$2,000,000 2 grants
Health & Medicine
$1,879,900 9 grants
Human & Social Services
$977,000 5 grants
Religion & Spirituality
$56,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $12.2M $7.5M $48.6M
2024 $8.4M $6.9M $41.1M
2023 $6.7M $5.6M $35.7M
2022 $16.5M $4.3M $31.9M
2021 $5.4M $4.5M $29.2M

Between 2021 and 2025, reported annual revenue grew from $5.4M to $12.2M (+127%), with total assets most recently reported at $48.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FANNIE AND JOHN HERTZ FOUNDATION

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