Nonprofit · EIN 54-6060809
HERNDON FOUNDATION
Tax-exempt · RICHMOND, VA 23235
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $16,133,487 | $6,073,000 | $10,060,487 | $61,989,429 | $0 | $61,989,429 |
| December 31, 2023 | 990-PF | $22,490,045 | $6,043,237 | $16,446,808 | $41,497,576 | $0 | $41,497,576 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $8,403,642
- Dividends
- $2,591,355
- Interest
- $3,259
- Net gain from sales of assets
- $4,965,179
- Other income
- $170,052
Expenses
- Grants and similar amounts paid
- $5,635,000
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $5,677,809
- Excise tax on investment income
- $103,237
Balance sheet and other
- Total assets, start of year
- $41,497,576
- Total assets, end of year
- $61,989,429
- Total liabilities, end of year
- $0
- Net assets, end of year
- $61,989,429
- Fair market value of assets
- $121,801,430
- Qualifying distributions
- $5,677,809
- Net investment income
- $7,647,635
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM M GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 15 | $0 |
| JAMES T GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 5 | $0 |
| JOHN D GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 1 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM M GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 15 | $0 |
| JAMES T GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 5 | $0 |
| JOHN D GOTTWALD 9030 STONY POINT PKWY SUITE 505, RICHMOND, VA 23235 | TRUSTEE | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 9030 STONY POINT PKWY STE 505, RICHMOND, VA 23235-1987
- In care of
- % WILLIAM M GOTTWALD
- Signed the 990-PF
- WILLIAM M GOTTWALD, TRUSTEE
- Phone
- (804) 560-4119
- Website
- WWW.HERNDONFDN.ORG
- Return prepared by
- RSM US LLP
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Check at the IRS |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 54-6060809
- 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
- 1966
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $75,783,473
- Income (IRS master file)
- $119,706,499
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $16,133,487 | $6,073,000 | $61,989,429 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $22,490,045 | $6,043,237 | $41,497,576 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 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 54-6060809).
Questions about HERNDON FOUNDATION
- What is the EIN of HERNDON FOUNDATION?
- The employer identification number (EIN) of HERNDON FOUNDATION is 54-6060809.
- Is HERNDON FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
- Are donations to HERNDON FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERNDON FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERNDON FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HERNDON FOUNDATION 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 HERNDON FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does HERNDON FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $16,133,487, expenses of $6,073,000 and total assets of $61,989,429 at year end.
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