Bernard and Betty Hardesty

GRASONVILLE, MD EIN: 52-2284064

Bernard and Betty Hardesty is a private foundation, based in GRASONVILLE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $105K in total assets. In 2024, it awarded 21 grants totaling $10K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$105K

+0.5% YoY

Annual Giving

$10K

+10.3% YoY

Grant Count

+16.7% YoY

Avg Grant Size

$485.714

-5.5% YoY

Under IRS private-foundation payout rules, Bernard and Betty Hardesty reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Bernard and Betty Hardesty

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Maryland $44K (92%)

Virginia $2K (3%)

District of Columbia $1K (2%)

Tennessee $1K (2%)

Kansas $200 (0%)

States

District of Columbia Kansas Maryland Tennessee Virginia

Cities

AnnapolisBaltimoreCambridgeCentrevilleChesterChurch HillEastonGrasonvilleGreensboroHagerstownMemphisMerrifieldQueenstownRidgelySalisburyStevensvilleTopekaWashington

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$104,936	$104,423	$113,602
Revenue	$12,867	$3,515	$4,708
Expenses	$13,113	$12,002	$12,723
Qualifying Distributions	$10,200	$9,250	$9,950
Net Investment Income	$9,954	$763	$1,935
Distributable Amount	$6,205	$6,236	$7,085

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

93 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St Paul's Parish ($2,500), Compass Regional Hospice ($1,000), Grasonville Vfd ($1,000).

Recipient	Purpose	Amount
ADKINS ARBORETUM RIDGELY, MD	DONATION	$300
CASA EASTON, MD	DONATION	$300
CHESAPEAKE BAY ENVIRONMENTAL CENTER GRASONVILLE, MD	DONATION	$500
COMPASS REGIONAL HOSPICE CENTREVILLE, MD	DONATION	$1,000
GRASONVILLE AMBULANCE GRASONVILLE, MD	DONATION	$500
GRASONVILLE VFD GRASONVILLE, MD	DONATION	$1,000
HAVEN MINISTRIES INC CHESTER, MD	DONATION	$300
MD FOOD BANK SALISBURY, MD	DONATION	$300
MD PUBLIC TV BALTIMORE, MD	DONATION	$300
SALVATION ARMY HAGERSTOWN, MD	DONATION	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BERNARD O HARDESTY JR	PRESIDENT	—	—
BRENDA HARDESTY	VICE PRESIDENT	—	—
KELLY PHIPPS	VICE PRESIDENT	—	—

Frequently Asked Questions

How large is Bernard and Betty Hardesty?

As of 2024, Bernard and Betty Hardesty holds $105K in total assets with $13K in annual revenue. It awarded 21 grants totaling $10K in 2024.

Where does Bernard and Betty Hardesty operate?

Bernard and Betty Hardesty has awarded grants in District of Columbia, Kansas, Maryland, Tennessee, Virginia.

What size grants does Bernard and Betty Hardesty award?

In 2024, Bernard and Betty Hardesty awarded 21 grants totaling $10K — an average of about $485.714 per grant, based on its IRS Form 990 filings.

How much is Bernard and Betty Hardesty required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bernard and Betty Hardesty reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.