Search

2025

IMPACT REPORT

MESSAGE FROM HERTZ FOUNDATION LEADERSHIP

TOGETHER, WE MAKE HISTORY

STEPHEN D. FANTONE

Chair, Board of Directors

WENDY CONNORS

President, Hertz Foundation

What becomes possible when scientific leadership, exceptional minds, and philanthropic support come together? The impact of Hertz Fellows is visible every day in their pioneering work that solves critical challenges—from advancing human health to addressing climate change or feeding a growing world.

READ THE FULL LETTER

Our Strategic Pillars at Work

As global challenges grow increasingly complex, our more than seven decades of identifying and investing in the nation’s emerging science and technology leaders provide a roadmap for innovative solutions. The pillars of the Hertz Foundation’s strategic plan ensure sustained investment in a community that advances groundbreaking discoveries, shapes national leadership, and inspires the development of pioneering new enterprises.

1K+

Applications – all-time high

19

New fellows,
aiming for 25 annually

30%

In-School Fellows collaborating with other Hertz Fellows

2

New support funds launched: Childcare Stipend Fund, Travel Fund

The Hertz Fellowship remains a stable funding source, fueling the exceptional creativity and problem-solving skills of our fellows and empowering them with individualized mentorship and career development programming.

LEARN ABOUT OUR 2025 HERTZ FELLOWS National Labs Entrepreneurship Academy

50+

Events drew more than 2,300 attendees, in person and virtually, across 14 regions

33

Fellows engaged via talks or career stories across stages

22

Graduates participated in the pilot early career mentor program

Engagement among the Hertz Community of fellows and friends grew in 2025, creating deeper connections to each other and the foundation. Thoughtful storytelling by fellows all across the country increased exposure for the public phase of our fundraising campaign, while one-on-one and group career mentoring opportunities expanded significantly.

highlights of our community UPCOMING EVENTS

The Hertz Foundation is a model of inclusive collaboration in science and technology. Committed to practices that better recruit, support and empower diverse innovators from all backgrounds, we expanded initiatives that enhance inclusivity.

Digital, On-Demand Expansion

9K+ applicant and advisor views of application materials

National Conference Engagement

500+ students reached at S-STEM panel and booth

2 Sessions, 13 Fellows, Topics:

Application and interview advice, underrepresentation in STEM, building resiliency in graduate school

Strengthening Institutional Partnerships

Major R1, Midwest, and underrepresented-serving institutions

Expanded Partnership with Society of Black Physicists:

Trained NSBP board member to better inform NSBP faculty network and strengthen advising for future applicants.

Collaborated with AAAS STEMM Opportunity Alliance:

Participated in NYC workshop engaging diverse research communities

We deepened our commitment to partnership development, forming a diverse community of universities, corporations, foundations, and government agencies who share our goals for a better future. Partnerships enhance the Hertz Fellowship experience through career opportunities, networking events, and programming; expand access to funding; and elevate the Hertz Foundation’s visibility nationwide.

SEE ALL PARTNERS
Analog Devices Breakthrough Energy CWRU Gates Foundation Innovation Trivalley Leadership Group Lawrence Livermore National Laboratory National Society of Black Physicists Texas A&M University Federation of American Scientists

Fellows Making Headlines

Peek into the extraordinary breadth of achievement — a select few among countless impact stories, awards and appointments — that reflect the spirit of curiosity, courage and excellence of our Hertz Fellows who continue to push the boundaries of what’s possible.

Fellow
STORIES

SEPTEMBER 2025

MICHAEL FISCHBACH

What if a simple skin cream could trigger your immune system to fight tumors or viral infections? Learn how microbes reimagined by scientists are turning everyday bacteria into next-gen therapies.

LEARN MORE

FEBRUARY 2025

Francesmary Modugno

What if breakthroughs in data could help close the gap in women’s health? Explore how using big data and global collaboration can uncover the roots of disparities in women’s cancers—and drive a more equitable future for care and outcomes.

LEARN MORE

JUNE 2025

Kathleen Alexander

What if your next croissant was crafted not from cow-butter or palm oils, but built molecule-by-molecule using carbon? Discover how this startup is reimagining food production to slash land and water use, and rewrite our planet’s food story.

LEARN MORE

BIOSECURITY

TOPICAL FORUM

As biology becomes programmable as software, what will it take to prevent the next pandemic—or worse? The 2025 Hertz Topical Forum: Biosecurity united fellows and global experts to turn urgent scientific challenges into actionable safeguards for our shared future.

LEARN MORE LEARN MORE
Jordan Chetty

“I envision the Hertz Foundation as a central hub that connects fellows to critical resources. I want to help remove barriers and unlock potential.”

Jordan Chetty

Software Engineer, Citadel
2019 Hertz Fellow

IN THE NEWS

Rubin’s First Snapshots Launch a Decade of Discovery

Jeremy M. Kubica – 2001 Hertz Fellow

Quantum fractal patterns visualized

Jonah Herzog-Arbeitman – 2022 Hertz Fellow

Is the AI Boom Leading to More Natural Gas-Powered Utilities?

William E. Weihl – 1979 Hertz Fellow

The Rise Of Collaborative Robots In The Workplace

Daniel Theobald – 1996 Hertz Fellow

The Tea Lady Experiment – Numberphile

Po-Ling Loh – 2009 Hertz Fellow

Can Quantum Gravity Be Created in the Lab?

Monika H. Schleier-Smith – 2005 Hertz Fellow

60 Minutes Story

Kevin M. Esvelt – 2004 Hertz Fellow

Plastic Recycling Not Requiring Sorting Could Be Coming

Michael R. Wasielewski – 1972 Hertz Fellow

SHARE AN UPDATE

Spotlight on the Community

Meet our Hertz Fellows whose accomplishments in service, scholarship, innovation, and leadership reflect the strength and impact of our community. These stories, along with a recap of the 2025 Summer Workshop, highlight the dedication, excellence, and commitment that define the Hertz Fellows experience.

Francesmary Modugno

“I think it’s extremely important to keep foundations like Hertz going because it provides support and independence to exceptional students of any background.”

Francesmary Modugno

Professor, University of Pittsburgh
1988 Hertz Fellow

The Make History Campaign

This year, the Hertz Foundation launched its first ever public fundraising campaign, supported by materials like the video shown here. With over $31 million raised, we are well on our way to reaching the campaign’s $40 million goal.

LEARN MORE ABOUT THE CAMPAIGN

As of June 30, 2025

FUNDRAISING OVERVIEW

A strong year of giving fueled new fellowships and expanded support and programming for Hertz Fellows, setting the foundation on a path for future growth.

HERTZ FUND HIGHLIGHTS

$651K

annual gifts raised, proof that every gift matters

133

donors made their first or largest-ever gift

4

Impact Areas for annual support: Critical Needs, Fellowship, Community, Diversity in STEM

Fellow Participation

Total Donors in FY25:

372

Fellow Participation 2025

Total Contributions

Total Contributions 2025

As of June 30, 2025

Investment Strategy & Results

Strong, steady financial performance in FY25 reflected disciplined stewardship, preserving the foundation’s long-term stability and mission to fuel scientific excellence.

MORE INFORMATION
Investment Portfolio Value Chart
Asset Allocation
Expenses
Adele Payman

“The Hertz Fellowship and community has immeasurably enriched my PhD experience. I donate to the foundation because I want more young scientists to benefit from the fellowship like I have. I also want to ensure the future of the fellowship for future generations. It is up to us to maintain the vibrancy of this community and the impact of our mission going forward.”

Adele Payman

California Institute of Technology, Applied Physics
2023 Hertz Fellow

Making Your Impact

Explore how you and our community of supporters advance our mission and support the transformative work of Hertz Fellows. Every contribution drives innovation, amplifies achievements, and strengthens the foundation’s long-term impact. Partner with us to turn bold ideas into real-world breakthroughs.

UPCOMING EVENTS

Discover events, programs, and gatherings designed to spark conversation, collaboration, and connection across our community network. Join us in the year ahead as we help shape the future of science and technology.

VIEW ALL EVENTS

HERTZ
LEADERSHIP

We are grateful to our Hertz Fellows, board of directors, fellowship and programs council, campaign advisory group and staff who make our work possible. This dedicated community sustains our mission, guides our fellowship program, and enables us to empower the nation’s most exceptional innovators in science and technology, fueling a lifelong community dedicated to solving our most pressing problems.

BOARD OF DIRECTORS FELLOWSHIP & PROGRAMS COUNCIL CAMPAIGN ADVISORY GROUP STAFF

Support the Next Generation of Innovators

LEARN MORE