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Missouri · Nonprofit

Herzog Tomorrow Foundation

Herzog Tomorrow Foundation (Missouri) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being FARRELL FAMILY FOUNDATION ($2,000). 0 of them have funded it in more than one year.

Revenue FY2025
$25M
Funders on record
1
Grants received
$2k
Net assets
$11M
0/1 repeat funders
01What it does

What Herzog Tomorrow Foundation does

Mission

To empower students to obtain quality education, provide scholarships to enable students to attend private school, and to support private education and schools.

As stated on its FY2025 Form 990.

Programs

  1. The Organization provided scholarships to 2548 students to attend private school in 2025.

    $14,697,035 spentof which $14,697,035 as grants
    95% of program spending
  2. The Organization engaged in other activiies to support private and Christian education and schools.

    $799,795 spent
    5% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $15,496,830.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 0 ($0) Expenses 0 ($0) Net assets 0 ($0)2022 Revenue 100 ($4.6M) Expenses 100 ($2.8M) Net assets 100 ($1.8M)2023 Revenue 82 ($3.8M) Expenses 168 ($4.7M) Net assets 46 ($806k)2024 Revenue 158 ($7.2M) Expenses 188 ($5.3M) Net assets 156 ($2.7M)2025 Revenue 547 ($25M) Expenses 583 ($16M) Net assets 646 ($11M)
20212022202320242025
Revenue (547)Expenses (583)Net assets (646)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $2.7M to $11M (+314%).

$0
$1.8M
$806k
$2.7M
$11M
20212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2025 57%. Grants only. Government contracts and fees sit inside program revenue.

100% of Herzog Tomorrow Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (80% for the typical peer).

This organization
Typical peer · 863 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$0
’21
$1.8M
’22
−$958k
’23
$1.9M
’24
$8.6M
’25
3.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

2022202320242025
Listed3555
Joined·+2+0+0
No longer listed·000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
total
funders
1

From the IRS filings of Herzog Tomorrow Foundation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Herzog Tomorrow Foundation draws 100% of its grant income from funders outside Missouri, across 1 state in all.

CA

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Herzog Tomorrow Foundation has grown faster than three-quarters of the 452 philanthropy nonprofits its size.

Operating margin35% · above the median
Months of reserve3.5mo · below the median
Revenue growth (annualized)76% · top quartile

this organization peer median middle 50% of peers· 452 philanthropy nonprofits $10M–$100M, FY2025

Organizations like Herzog Tomorrow Foundation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Missouri

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 1%Fundraising 5%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

0%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 29 states

AK
NH
WA
ND
MN
IL
WI
MI
NY
MA
OH
PA
NJ
CT
RI
CA
UT
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
MS
GA

Part of a family of 3 related entities

  • Stanely M Herzog Charitable Foundation · exempt
  • Herzog Foundation Resource Management · exempt
  • Herzog Action Fund · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Herzog Tomorrow Foundation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Herzog Tomorrow Foundation?
Herzog Tomorrow Foundation (Missouri) receives grants from 1 organization whose IRS filings report $2,000 to it, the largest being FARRELL FAMILY FOUNDATION ($2,000). 0 of them have funded it in more than one year.
How many funders does Herzog Tomorrow Foundation have?
IRS filings report 1 organization giving $2,000 in grants to Herzog Tomorrow Foundation.
Who is the largest funder of Herzog Tomorrow Foundation?
FARRELL FAMILY FOUNDATION is the largest funder on record, with $2,000 in grants. The full list of funders is on this page.
How can an organization like Herzog Tomorrow Foundation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Missouri. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing