- Invest in creative entrepreneurial individuals with superior problem-solving skills.
- Provide Fellows with the resources and freedom to innovate.
- Proactively support tomorrow's leaders in applied science and engineering.
- Contribute to the nation's well-being in government, industry and academia.
A single Hertz Fellowship requires $35,000 to $45,000 annual funding.
Only 14% of the annual budget goes to activities other than the support of the Fellows. Many of our activities such as candidate interviewing are volunteer-based. Were we able to support double the number of Fellows, most overhead costs would remain fixed and the overhead rate would decrease correspondingly.
Hertz Fellows represent a significant fraction of the nation's top 1% of applied science and engineering talent. Each year we identify more candidates than we can support. Recently the Foundation launched a major a initiative to obtain the resources to support all worthy finalists. In July 2005 the Foundation became a tax-exempt 501(c)(3) public charity to facilitate corporate, foundation and individual donations.
A gift for the Hertz Foundation Program is an investment in the continuing creation of a special group of scientists and engineers who are essential to the economy and to our national security. Your gift will support a uniquely efficient and cost-effective system that responds solely to an individual's merit, and that commits to the present and future success of that individual. These exceptional individuals have earned our recognition and assistance.