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Nonprofit · EIN 13-6066039

HERMAN GOLDMAN FOUNDATION INC

Tax-exempt · WILMINGTON, DE 19809

Financials

$820K$1.4M2022$579K$1.1M2023$994K$1M2024$1.4M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of HERMAN GOLDMAN FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2026990-PF$1,357,511$1,073,729$283,782$12,261,028$0$12,261,028
February 28, 2025990-PF$994,061$1,036,433-$42,372$11,977,246$0$11,977,246
February 29, 2024990-PF$579,452$1,114,613-$535,161$12,019,618$0$12,019,618
February 28, 2023990-PF$820,055$1,373,508-$553,453$14,011,512$413,559$13,597,953
Financial details: 990-PF for the year ended February 28, 2026

Revenue

Contributions, gifts and grants
$9,455
Dividends
$403,908
Interest
$16,621
Net gain from sales of assets
$922,258
Other income
$5,269

Expenses

Grants and similar amounts paid
$655,000
Compensation of officers, directors and key employees
$186,924
Disbursements for charitable purposes
$949,746
Excise tax on investment income
$17,252

Balance sheet and other

Total assets, start of year
$11,977,246
Total assets, end of year
$12,261,028
Total liabilities, end of year
$0
Net assets, end of year
$12,261,028
Fair market value of assets
$15,587,099
Qualifying distributions
$949,746
Net investment income
$1,348,056

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 February 28, 2026, highest compensation first.

NameTitleHours / weekCompensation
Kathleen Roselli
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Assistant Sec19$48,924
Mel P Barkan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
David A Brauner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$12,000
Michael J Clain
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
Charles A Damato
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
John HF Enteman
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
Donald Gibson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
David R Kay
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$12,000
Alan Michigan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
Alan Nisselson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$12,000
Howard L Simon
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$12,000
Roy M Sparber
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000
Christopher C Schwabacher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$6,000
990-PF for the year ended February 28, 2025: 13 people
NameTitleHours / weekCompensation
Kathleen Roselli
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Assistant Sec19$52,876
Mel P Barkan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
David A Brauner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$13,000
Michael J Clain
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
Charles A Damato
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
John HF Enteman
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
Donald Gibson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
David R Kay
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP, Pres1$13,000
Alan Michigan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$13,000
Alan Nisselson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec, VP1$13,000
Christopher C Schwabacher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas, Sec1$13,000
Howard L Simon
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$13,000
Roy M Sparber
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$13,000
990-PF for the year ended February 29, 2024: 14 people
NameTitleHours / weekCompensationOther / benefits
Kathleen Roselli
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Assistant Sec19$48,018$0
Richard K Baron
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Assistant Sec, Assistant Treas40$19,452$19,678
Mel P Barkan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
David A Brauner
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$12,000$0
Michael J Clain
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
Charles A Damato
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
John HF Enteman
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
Donald Gibson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
David R Kay
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, VP1$12,000$0
Alan Michigan
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
Alan Nisselson
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Sec1$12,000$0
Christopher C Schwabacher
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Treas1$12,000$0
Howard L Simon
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir1$12,000$0
Roy M Sparber
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Dir, Pres1$12,000$0
990-PF for the year ended February 28, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
RICHARD K BARON
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
EXECUTIVE DIRECTOR
Highest-paid employee
40$162,480$18,470
MEL P BARKAN
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
DAVID A BRAUNER
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
VICE PRESIDENT & DIRECTOR1$0$0
MICHAEL J CLAIN
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
IMM PAST PRES & DIRECTOR1$0$0
CHARLES A DAMATO
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
JOHN HF ENTEMAN
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
DONALD GIBSON
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
DAVID R KAY
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
VICE PRESIDENT & DIRECTOR1$0$0
ALAN MICHIGAN
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
ALAN NISSELSON
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
SECRETARY & DIRECTOR1$0$0
CHRISTOPHER C SCHWABACHER
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
TREASURER & DIRECTOR1$0$0
HOWARD L SIMON
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
DIRECTOR1$0$0
ROY M SPARBER
55 WALLS DRIVE 302, FAIRFIELD, CT 06824
PRESIDENT & DIRECTOR1$0$0

Address and contacts

Address (IRS master file)
FOUNDATION SOURCE 501 SILVERSIDE RD, WILMINGTON, DE 19809-0000
In care of
% FOUNDATION SOURCE
Signed the 990-PF
Alan Nisselson, President
Phone
(800) 839-1754
Return prepared by
Foundation Source

What it must file and when

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

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026990-PF on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
13-6066039
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
1944
Accounting year ends
February
Files
Form 990-PF
Assets (IRS master file)
$12,261,028
Income (IRS master file)
$4,582,009

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2026$1,357,511$1,073,729$12,261,028XML
990-PFFebruary 2025$994,061$1,036,433$11,977,246XML
990-PFFebruary 2024$579,452$1,114,613$12,019,618XML
990-PFFebruary 2023$820,055$1,373,508$14,011,512XML
990-PFFebruary 2022–––IRS
990-PFFebruary 2021–––IRS
990-PFFebruary 2020–––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 13-6066039).

Questions about HERMAN GOLDMAN FOUNDATION INC

What is the EIN of HERMAN GOLDMAN FOUNDATION INC?
The employer identification number (EIN) of HERMAN GOLDMAN FOUNDATION INC is 13-6066039.
Is HERMAN GOLDMAN FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1944.
Are donations to HERMAN GOLDMAN FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HERMAN GOLDMAN FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HERMAN GOLDMAN FOUNDATION INC due?
The return for tax year 2026 (the year ending February 28, 2027) is due July 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HERMAN GOLDMAN FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2026.
Who are the officers and directors of HERMAN GOLDMAN FOUNDATION INC?
The 990-PF for the year ended February 28, 2026 lists 13 people; 13 received compensation from the organization, the highest $48,924 (Kathleen Roselli, Assistant Sec).
How much revenue does HERMAN GOLDMAN FOUNDATION INC have?
On its 990-PF for the year ended February 28, 2026 it reported revenue of $1,357,511, expenses of $1,073,729 and total assets of $12,261,028 at year end.

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