Skip to main content

Nonprofit · EIN 26-2002295

HERTOG FOUNDATION INC

Tax-exempt · NEW YORK, NY 10022

Financials

$8.8M$2.5M2023$744K$2.7M2024
Revenue Expenses · by fiscal year end
Financials of HERTOG FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990-PF$744,173$2,664,927-$1,920,754$11,952,204$5,926$11,946,278
February 29, 2024990-PF$8,787,048$2,539,629$6,247,419$13,176,686$18,746$13,157,940
Financial details: 990-PF for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$0
Dividends
$303,580
Interest
$54
Net gain from sales of assets
$440,539

Expenses

Grants and similar amounts paid
$7,570
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$688,207
Disbursements for charitable purposes
$2,536,422
Excise tax on investment income
$9,200

Balance sheet and other

Total assets, start of year
$13,176,686
Total assets, end of year
$11,952,204
Total liabilities, end of year
$5,926
Net assets, end of year
$11,946,278
Fair market value of assets
$11,952,204
Qualifying distributions
$2,536,422
Net investment income
$744,173

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHERYL MILLER
C/O HERTOG FOUNDATION 399 PARK, AVENUE STE 2502, NEW YORK, NY 10022
PROGRAM DIRECTOR
Highest-paid employee
40$214,833$0
MELANIE CHAKMAKJIAN
C/O HERTOG FOUNDATION 399 PARK, AVENUE STE 2502, NEW YORK, NY 10022
EXECUTIVE ASSISTANT
Highest-paid employee
40$150,500$16,225
JILLIAN RAQUET
C/O HERTOG FOUNDATION 399 PARK, AVENUE STE 2502, NEW YORK, NY 10022
EXECUTIVE ASSISTANT
Highest-paid employee
40$85,833$16,225
EMILY BURDEN
C/O HERTOG FOUNDATION 399 PARK, AVENUE STE 2502, NEW YORK, NY 10022
ASSOCIATE DIRECTOR
Highest-paid employee
40$59,257$0
ROGER HERTOG
399 PARK AVENUE SUITE 2502, NEW YORK, NY 10022
DIRECTOR, PRESIDENT & TREASURER32$0$0
SUSAN HERTOG
399 PARK AVENUE SUITE 2502, NEW YORK, NY 10022
DIRECTOR, SECRETARY32$0$0
990-PF for the year ended February 29, 2024: 7 people
NameTitleHours / weekCompensationOther / benefits
CHERYL MILLER
2333 ASHMEAD PLACE NW, WASHINGTON, DC 20009
PROGRAM DIRECTOR
Highest-paid employee
40$201,667$0
MELANIE CHAKMAKJIAN
215 EAST 95TH ST APT 6B, NEW YORK, NY 10128
EXECUTIVE ASSISTANT
Highest-paid employee
40$145,833$13,942
JILLIAN RAQUET
524 LAFAYETTE AVE APT 6, BROOKLYN, NY 11205
EXECUTIVE ASSISTANT
Highest-paid employee
40$80,833$13,942
MCGOVERN JAMES
45 SOUTHFIELD AVE, DOBBS FERRY, NY 10522
DRIVER
Highest-paid employee
40$75,000$0
SHURTZ JESSICA MONTGOMERY
254 9TH ST NE, WASHINGTON, DC 20002
PROGRAM MANAGER
Highest-paid employee
40$60,833$11,856
ROGER HERTOG
399 PARK AVENUE SUITE 502, NEW YORK, NY 10022
DIRECTOR, PRESIDENT & TREASURER32$0$0
SUSAN HERTOG
399 PARK AVENUE SUITE 502, NEW YORK, NY 10022
DIRECTOR, SECRETARY32$0$0

Address and contacts

Address (IRS master file)
399 PARK AVENUE 25TH FLOOR, NEW YORK, NY 10022-4614
In care of
% BDO USA LLP
Signed the 990-PF
ROGER HERTOG, PRESIDENT
Phone
(646) 536-5120
Return prepared by
WOLF MARYLES & ASSOCIATES 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 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, 2026Not on file
2024February 28, 2025July 15, 2025990-PF on file
2023February 29, 2024July 15, 2024990-PF on file

IRS record

EIN
26-2002295
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
2008
Accounting year ends
February
Files
Form 990-PF
Assets (IRS master file)
$11,952,204
Income (IRS master file)
$744,173

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFFebruary 2025$744,173$2,664,927$11,952,204XML
990-PFFebruary 2024$8,787,048$2,539,629$13,176,686XML
990-PFFebruary 2023–––IRS
990-PFFebruary 2022–––IRS
990-PFFebruary 2021–––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 26-2002295).

Questions about HERTOG FOUNDATION INC

What is the EIN of HERTOG FOUNDATION INC?
The employer identification number (EIN) of HERTOG FOUNDATION INC is 26-2002295.
Is HERTOG FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to HERTOG FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HERTOG FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of HERTOG FOUNDATION INC due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HERTOG FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended February 2025.
Who are the officers and directors of HERTOG FOUNDATION INC?
The 990-PF for the year ended February 28, 2025 lists 6 people; 4 received compensation from the organization, the highest $214,833 (CHERYL MILLER, PROGRAM DIRECTOR).
How much revenue does HERTOG FOUNDATION INC have?
On its 990-PF for the year ended February 28, 2025 it reported revenue of $744,173, expenses of $2,664,927 and total assets of $11,952,204 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Philanthropy, voluntarism and grantmaking foundations