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Nonprofit · EIN 13-3583082

HERA FOUNDATION INC

Tax-exempt · FISHER ISLAND, FL 33109

Financials

$81K$245K2023$328K$242K2024
Revenue Expenses · by fiscal year end
Financials of HERA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$328,310$242,328$85,982$2,515,571$0$2,515,571
December 31, 2023990-PF$81,198$244,761-$163,563$2,429,589$0$2,429,589
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$155,838
Dividends
$87,670
Net gain from sales of assets
$84,802

Expenses

Grants and similar amounts paid
$136,000
Compensation of officers, directors and key employees
$48,000
Disbursements for charitable purposes
$166,921
Excise tax on investment income
$1,377

Balance sheet and other

Total assets, start of year
$2,429,589
Total assets, end of year
$2,515,571
Total liabilities, end of year
$0
Net assets, end of year
$2,515,571
Fair market value of assets
$2,665,998
Qualifying distributions
$166,921
Net investment income
$172,472

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
SHELDON CHERRY MD
5043 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109
SECRETARY/TREASURER7$48,000
ARTHUR GOLDBERG
25 TIDEWAY, KINGS POINT, NY 11024
DIRECTOR0.2$0
CAROLYN RUNOWICZ MD
5043 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109
PRESIDENT0.3$0
MICHAEL FISCHER
3031 CHEN DRIVE, YORKTOWN HEIGHTS, NY 10598
DIRECTOR0.2$0
REBECCA GOUREVITCH
166 HIGH STREET, HASTINGSONHUDSON, NY 10706
DIRECTOR0.2$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
SHELDON CHERRY MD
5043 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109
SECRETARY/TREASURER7$48,000
ARTHUR GOLDBERG
25 TIDEWAY, KINGS POINT, NY 11024
DIRECTOR0.2$0
CAROLYN RUNOWICZ MD
5043 FISHER ISLAND DRIVE, FISHER ISLAND, FL 33109
PRESIDENT0.3$0
MICHAEL FISCHER
3031 CHEN DRIVE, YORKTOWN HEIGHTS, NY 10598
DIRECTOR0.2$0
REBECCA GOUREVITCH
166 HIGH STREET, HASTINGSONHUDSON, NY 10706
DIRECTOR0.2$0

Address and contacts

Address (IRS master file)
5043 FISHER ISLAND DR, FISHER ISLAND, FL 33109-0210
In care of
% C RUNOWICZ
Signed the 990-PF
CAROLYN RUNOWICZ, PRESIDENT
Phone
(305) 672-9190
Return prepared by
CITRIN COOPERMAN ADVISORS LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
13-3583082
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1991
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,515,571
Income (IRS master file)
$2,076,643

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$328,310$242,328$2,515,571XML
990-PFDecember 2023$81,198$244,761$2,429,589XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3583082).

Questions about HERA FOUNDATION INC

What is the EIN of HERA FOUNDATION INC?
The employer identification number (EIN) of HERA FOUNDATION INC is 13-3583082.
Is HERA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to HERA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HERA FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HERA FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HERA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of HERA FOUNDATION INC?
The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $48,000 (SHELDON CHERRY MD, SECRETARY/TREASURER).
How much revenue does HERA FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $328,310, expenses of $242,328 and total assets of $2,515,571 at year end.

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