Overview
What is Fannie And John Hertz Foundation?
The Fannie and John Hertz Foundation, based in Pleasanton, California, is a nonprofit organization dedicated to identifying, supporting, and mentoring the top US PhD students in science, math, and engineering. Their mission is to strengthen the nation's security and economic vitality by fueling the next generation of innovative leaders in science and technology. The foundation's primary expense is the fellows' tuition and stipend, with compensation packages totaling $1.9M for 70 students in FY2022. Despite their goal to fund all worthy candidates, they can currently only support one-third due to limited resources. To increase their capacity, the Hertz Foundation has authorized a significant budget increase for a national fundraising and public relations effort. With an impressive track record, the foundation has produced record fundraising cash results from $2.3M in FY2016 to $9.58M in FY2022, and 28% of fellows now make annual gifts to the foundation. Established in 1963, the Hertz Fellowship is the most selective graduate fellowship program in the US, with over 1,200 leaders and disrupters who have made significant impacts in various fields, including healthcare, climate change, and critical infrastructure. Through this powerful and connected community, Hertz Fellows build lasting relationships that accelerate their careers and deepen the impact of their work.
Official website here: www.hertzfoundation.org
Is Fannie And John Hertz Foundation legitimate?
Fannie And John Hertz Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fannie And John Hertz Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $531,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $809,713
For more financial information, click here
What is the mission statement of Fannie And John Hertz Foundation?
The Fannie and John Hertz Foundation focuses on identifying and supporting the top PhD students in science, math, and engineering in the US. Its mission is to strengthen the nation's security and economic vitality by fostering the next generation of scientific leaders. Established in 1963, the Hertz Fellowship is a highly selective graduate program that empowers promising young innovators to tackle the country's most significant challenges. Hertz Fellows have made groundbreaking contributions in various fields, from improving healthcare and addressing climate change to protecting critical infrastructure. Through this connected community, Fellows build lasting relationships that accelerate their careers and deepen the impact of their work. Their achievements include numerous patents, the founding of over 200 companies, and over 200 major awards.
Official website here: www.hertzfoundation.org
Who is the CEO of Fannie And John Hertz Foundation?
Robbee Baker Kosak is the Chairman of Fannie And John Hertz Foundation.
Official website here: www.hertzfoundation.org
What is the revenue of Fannie And John Hertz Foundation?
Fannie And John Hertz Foundation's revenue in 2022 was $16,499,886.
Official website here: www.hertzfoundation.org
Who are the executives of Fannie And John Hertz Foundation and what are their salaries?
The average compensation at Fannie And John Hertz Foundation during 2022 was $95,772. There are 14 employees and 35 volunteers at Fannie And John Hertz Foundation.
Here are 20 key members and their salaries:
- Robbee Baker Kosak (President)
- Charles Wingard (Chief Financial Officer)
- David Galas (Chairman) [Trustee/Director]
- Stephen Fantone (Vice President) [Trustee/Director]
- Carla Newman (Secretary) [Trustee/Director]
- Paul M Young (Treasurer) [Trustee/Director]
- Phillip Welkoff (Senior Fellowship Intervie) [Trustee/Director]
- M Michael Ansour (Director)
- Elise Cawley (Director)
- Roger Falcone (Director)
- Samuel Fuller (Director)
- Daniel Goodman (Director)
- Rosemarie Havranek (Director)
- Richard B Miles (Director)
- Amir Nashat (Director)
- Harold J Newman (Director)
- Cooper Rinzler (Director)
- Monika Schleier-Smith (Director)
- Ray Sidney (Director)
- Lee Swanger (Director)
Official website here: www.hertzfoundation.org
Where can I find the form 990 for Fannie And John Hertz Foundation?
The Fannie And John Hertz Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.hertzfoundation.org
Learn more at the official website: www.hertzfoundation.org
Mission Statement of Fannie And John Hertz Foundation
The Fannie and John Hertz Foundation is a renowned organization with a mission to identify and support the country's most promising young innovators in science, mathematics, and engineering. Established in 1963, this prestigious foundation is dedicated to enhancing the nation's security and economic vitality by fueling its global leadership in science and technology.
In simple terms, the Hertz Foundation seeks out the brightest minds in scientific fields and empowers them to tackle the nation's most complex challenges. With an unwavering commitment to excellence, this selective graduate fellowship program has nurtured over 1,200 leaders and disrupters, whose groundbreaking work ranges from enhancing healthcare to addressing climate change and safeguarding critical infrastructure.
The Hertz Foundation's impact reaches far and wide, with its fellows earning a distinguished reputation. They have garnered numerous national and international awards and have collectively held over 3,000 patents. Moreover, they have founded more than 200 companies, showcasing their entrepreneurial spirit and ingenuity. The Hertz community fosters lasting relationships, accelerating careers and amplifying the reach of their transformative work. Nobel Prize winners are among the esteemed ranks of Hertz Fellows, demonstrating the program's unparalleled success in identifying and cultivating exceptional talent.
Impact
This information is meant to be a general summary of Fannie And John Hertz Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Fannie and John Hertz Foundation plays a significant role in advancing the nation's security and economic vitality by fueling its global leadership in science and technology. Through its highly selective graduate fellowship program, the foundation identifies the most promising young innovators in science and technology, empowering them to tackle the nation's toughest challenges. Since its inception in 1963, the Hertz Fellowship has supported over 1,200 leaders and disruptors who apply their talents to areas such as healthcare, climate change, and critical infrastructure protection. Hertz Fellows have made significant contributions to society, including winning Nobel Prizes, holding thousands of patents, founding hundreds of companies, and receiving numerous major national and international awards. This community of Hertz Fellows continues to have a lasting impact on accelerating careers and deepening the influence of their work, creating a ripple effect in the fields of science and technology.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1945
Phone
(925) 373-1642
Principal Officer
Robbee Baker Kosak
Main Address
6701 KOLL CENTER PARKWAY SUITE 250, PLEASANTON, CA, 94566
Website
www.hertzfoundation.org
NTEE Category
Code: Z99 - Unknown
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