The Fannie and John Hertz Foundation is an American non-profit organization that awards prestigious[3] fellowships to Ph.D. students in the applied physical, biological and engineering sciences.

The fellowship provides students with up to $250,000 of support over five years, giving them flexibility and the ability to pursue their own interests, as well as mentoring from alumni fellows.

Initially, the Foundation granted undergraduate scholarships to qualified and financially limited mechanical and electrical engineering students.

[7] In 2018, some 30 Hertz Fellows were recognized by MIT Technology Review, Forbes, the Howard Hughes Medical Institute, National Academy of Sciences and many others for outstanding work in their respective fields.

The Foundation's Thesis Prize Committee examines the Ph.D. dissertations for their overall excellence and pertinence to high-impact applications of the physical sciences.