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Filing year 2023

ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION

Houston, Texas·EIN 74-6070484·NTEE T20Z · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$9.4M
Total assets
$126.5M
Total expenses
$6.2M
Reported officers
10

Executive compensation

Form 990-PF · Part VIII · 10 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas.

President (1/1/23-8/4/23)
Board President
75th to 90th percentile
$132k
$141k
Executive Director & Interim President
Median to 75th percentile
$123k
$132k
Emeritus Advisory
Unclassified
$26k
$28k
Director
Unclassified
$24k
$26k
Chairman
Board Chair
25th percentile to median
$24k
$26k
Secretary/treasurer
Board Treasurer
Median to 75th percentile
$24k
$26k
Emeritus Advisory
Unclassified
$23k
$24k
Vice President
Board Vice President
25th percentile to median
$20k
$21k
Director
Unclassified
$20k
$21k
Director
Unclassified
$20k
$21k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Houston-The Woodlands-Sugar Land, TX metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
2%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$5.1M

Itemized grants

292

Median grant

$8k

RecipientLocationPurposeAmount
HOUSTON MUSEUM OF NATURAL SCIENCEHOUSTON, TXTOWARDS SUPPORT OF THE MATTER & MOTION HALL AND TO NAME THE HOUSTON CONNECTION GALLERY IN HONOR OF ALBERT AND ETHEL HERZSTEIN.$500k
BATTLESHIP TEXAS FOUNDATION INCHOUSTON, TXTOWARDS SUPPORT OF THE COME AND SAVE IT! - BATTLESHIP TEXAS CAPITAL CAMPAIGN.$450k
THE MUSEUM OF FINE ARTS HOUSTONHOUSTON, TXTOWARDS SUPPORT OF THE JUAICA ART GALLERY ENDOWMENT FUND THROUGH THE CAMPUS REDEVELOPMENT CAMPAIGN.$400k
JEWISH FEDERATION OF GREATER HOUSTONHOUSTON, TXTOWARDS SUPPORT OF EARLY CHILDHOOD INITIATIVES.$150k
UNION COUNTY HISTORICAL SOCIETYCLAYTON, NMTOWARDS SUPPORT OF WINDOW RESTORATION/PRESERVATION.$150k
WORKTEXAS TRAINING CENTERHOUSTON, TXTOWARDS SUPPORT OF THE EXPANSION OF SERVICES.$150k
FRIENDS OF THE ISRAEL DEFENSE FORCESHOUSTON, TXTOWARDS SUPPORT OF MEDICAL DEVICES FOR SOLDIERS.$120k
1894 INCGALVESTON, TXIN MEMORIAM OF L. MICHAEL HAJTMAN, PAST PRESIDENT OF THE ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION.$100k
CHINQUAPIN PREPARATORY SCHOOLHIGHLANDS, TXTOWARDS SUPPORT FOR THE PETERSON FAMILY ACADEMIC FUND.$100k
HERITAGE FOUNDATIONWASHINGTON, DCTOWARD SUPPORT OF FIGHTING FOR FREEDOM AND TRANSPARENCY THROUGH REFORMING ELECTIONS AND COMBATING BIG TECH'S OVERREACH.$100k
JEWISH FEDERATION OF GREATER HOUSTONHOUSTON, TXTOWARDS SUPPORT OF THE ISRAEL EMERGENCY FUND.$100k
PRAGER UNIVERSITY FOUNDATIONSHERMAN OAKS, CATOWARDS SUPPORT OF PRAGERU KIDS IN TEXAS SCHOOLS IN MEMORY OF L. MICHAEL HAJTMAN.$100k
SAILING ANGELS FOUNDATIONHOUSTON, TXIN MEMORIAM OF L. MICHAEL HAJTMAN, PAST PRESIDENT OF THE ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION.$100k
TEXAS PUBLIC POLICY FOUNDATIONAUSTIN, TXTOWARDS SUPPORT OF SECURING THE TEXAS BORDER AND STRENGTHENING GRID RELIABILITY IN TEXAS AND BEYOND.$100k
WONDERLAND EDUCATIONAL ESTATE ASSOCIATIONHOUSTON, TXTOWARDS SUPPORT OF THE WONDERWORKS CAMPAIGN.$100k
ALLEY THEATREHOUSTON, TXTOWARDS SUPPORT OF EDUCATION AND COMMUNITY ENGAGEMENT PROGRAM.$50k
MANNED SPACE FLIGHT EDUCATION FOUNDATION INCORPORATEDHOUSTON, TXTOWARDS SUPPORT OF THE 2024 SPACE EXPLORATION EDUCATORS CONFERENCE.$35k
CATHOLIC CHARITIES OF THE ARCHDIOCESE OF GALVESTON-HOUSTONHOUSTON, TXTOWARDS SUPPORT OF THE SPIRIT OF CHARITY LUNCHEON.$25k
CONGREGATION EMANU ELHOUSTON, TXTOWARDS SUPPORT OF L'DOR VADOR, THE CAMPAIGN FOR EMANU EL'S FUTURE.$25k
HERMANN PARK CONSERVANCYHOUSTON, TXTOWARDS SUPPORT OF THE PLAY YOUR PARK CAMPAIGN: COMMONS WITH NAMING IN THE PERENNIAL GARDENS.$25k
HOUSTON BAPTIST UNIVERSITYHOUSTON, TXTOWARDS SUPPORT OF THE INSTALLATION OF THE LIBERTY LABORATORY AS A VISITOR CENTER FOR INDEPENDENCE HALL AT HOUSTON CHRISTIAN UNIVERSITY.$25k
SAN JACINTO MUSEUM AND BATTLEFIELD ASSOCIATIONLA PORTE, TXTOWARDS SUPPORT OF A LIBRARY DIGITAL MANAGEMENT SYSTEM.$25k
WASHINGTON-ON-THE-BRAZOS PARK ASSOCIATION INCWASHINGTON, TXTOWARDS SUPPORT OF THE WHERE TEXAS BECAME TEXAS CAPITAL CAMPAIGN.$25k
WILLIAM MARSH RICE UNIVERSITYHOUSTON, TXTOWARDS SUPPORT OF THE CENTER FOR PUBLIC FINANCE.$25k
ACTION INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTYGRAND RAPIDS, MITOWARDS SUPPORT OF SCHOLARSHIPS FOR TWO TEXAS COLLEGE INTERNS ATTENDING THE EMERGING LEADERS PROGRAM.$20k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION

What does the Board President of ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION earn?

In 2023, the Board President of ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION received $132,300 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Texas, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Texas, the 2023 pay of the Board President at ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION falls between the 75th and 90th percentiles. In 2023, the highest total compensation at ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION equaled 2% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION's revenue and expenses?

In 2023, ALBERT & ETHEL HERZSTEIN CHARITABLE FOUNDATION reported $9.4M in total revenue and $6.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.