Hacet Foundation Inc
Hacet Foundation Inc is a private foundation, based in Prospect, KY. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $21.4M in total assets. In 2025, it awarded 8 grants totaling $2.3M. Net investment income was $1.2M.
Hacet Foundation Inc at a glance
In short: Hacet Foundation Inc gave $2.3M across 8 grants in 2025 (avg $292K), mostly in New York. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,337,000
- +6.5% vs 2024
- Grants made (2025)
- 8
- +33.3% vs 2024
- Average grant
- $292,125
- -20.1% vs 2024
- Median grant
- $21,000
- Total assets
- $21,373,636
- -5.2% vs 2024
- Primary geography
- New York (92% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Hacet Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Children of Armenia Fund ($2.1M). Together the top 8 received $2.3M.
Grant Size Distribution
30 grants across all recorded years
The most common grant size was under $50K: 18 grants of 30 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How Hacet Foundation Inc gives
- Giving grew 103% from 2022 to 2025. Method
- In 2025 it paid out 211% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $671K (2019) to $2.3M (2025). In 2025 it made 8 grants totaling $2.3M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Children of Armenia Fund New York, NY | Charitable | $2,125,000 |
| Mayo Clinic Berkeley, CA | Charitable | $100,000 |
| The Paros Foundation Rochester, MN | Charitable | $50,000 |
| The Salvation Army Louisville, KY | Charitable | $25,000 |
| Fund for Armenian Relief New York, NY | Charitable | $17,000 |
| Center for Women and Families Louisville, KY | Charitable | $10,000 |
| Big Brothers Big Sisters Louisville, KY | Charitable | $5,000 |
| Ronald McDonald House Charities Louisville, KY | Charitable | $5,000 |
Ready to take the next step with Hacet Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $21,373,636 | $1,295,282 | $2,464,817 | $2,337,000 | 8 | $2,337,000 | $1,167,465 | $1,107,732 |
| 2024 | $22,543,171 | $20,760,182 | $2,245,107 | $2,194,840 | 6 | $2,194,840 | $708,092 | $568,783 |
| 2023 | $4,028,096 | $174,068 | $1,348,871 | $1,324,840 | 3 | $1,324,840 | $147,894 | $220,660 |
| 2022 | $5,202,899 | $3,034,184 | $1,182,403 | $1,153,900 | 6 | $1,153,900 | $44,348 | $184,823 |
| 2021 | $3,351,118 | $494,596 | $1,305,035 | $1,285,000 | 7 | $1,285,000 | $386,543 | $172,130 |
| 2020 | $4,161,557 | $165,749 | $1,396,982 | $1,371,500 | 10 | — | $56,643 | $215,292 |
| 2019 | $5,392,790 | $1,123,716 | $702,582 | $670,600 | 7 | — | $158,617 | $226,267 |
Under IRS private-foundation payout rules, Hacet Foundation Inc reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hacet Foundation Inc is led by Ara Hacet, President on every filing since 2019; none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ara Hacet
President
On filings since 2019
No compensation reported
Danielle McWhorter
Director
On filings since 2019
No compensation reported
Nicole Wasko
Director
On filings since 2019
No compensation reported
Sara Thomas
Secretary & Treasurer
On filings since 2019
No compensation reported
Sonya Hacet
Vice President
On filings since 2019
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hacet Foundation Inc
How much does Hacet Foundation Inc give each year?
Hacet Foundation Inc gave $2.3M across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.2M across 6 grants.
What is Hacet Foundation Inc's typical grant size?
Hacet Foundation Inc's median grant in 2025 was $21,000, and its average grant was $292,125, across 8 grants on its 2025 IRS Form 990-PF.
Where does Hacet Foundation Inc give grants?
Hacet Foundation Inc gives mostly in New York: 92% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (4 grants) and New York, NY (2 grants).
Does Hacet Foundation Inc give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on Hacet Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (8 grants).
Who are Hacet Foundation Inc's largest grantees?
Hacet Foundation Inc's largest 2025 grantees include Children of Armenia Fund ($2,125,000), Mayo Clinic ($100,000) and The Paros Foundation ($50,000), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.
How large is Hacet Foundation Inc?
Hacet Foundation Inc reported $21.4M in total assets on its 2025 IRS Form 990-PF. It paid out $2.3M in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets).
What is Hacet Foundation Inc's EIN?
Hacet Foundation Inc's EIN (Employer Identification Number) is 90-0925621. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 12, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
Live grants for the work Hacet Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Hacet Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Kentucky
John Oster Family Foundation Inc
Milwaukee, WI
Assets
$1.0M
Grants
3
Total Given
$4K
The Chicago Community Trust
Chicago, IL
The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.
Assets
$7.1B
Grants
4,316
Total Given
$1.2B
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
The Community Foundation of Louisville Inc
Louisville, KY
The Community Foundation of Louisville funds nonprofits across areas including education, arts and culture, health, and community development, with a focus on Louisville and surrounding communities while also supporting work beyond the region. Its 2025 grants ranged from $5,012 to $3,853,691, with a median of $22,987; it states that grant programs for local nonprofits use an open application and review process.
Assets
$766.9M
Grants
678
Total Given
$55.0M
Blue Grass Community Foundation Inc
Lexington, KY
Blue Grass Community Foundation funds charitable causes and community needs, including education, housing, basic assistance, and youth wellbeing, primarily in Central and Appalachia Kentucky. Its 2025 grants ranged from about $5,000 to $520,000, with a median of about $16,700; the foundation’s website describes competitive grant opportunities but does not state whether it accepts unsolicited requests.
Assets
$296.2M
Grants
514
Total Given
$20.7M
LG&E and Ku Foundation Inc
Louisville, KY
The foundation funds community organizations in economic development, education, the environment, and diversity, as well as event sponsorships and tree-planting grants, primarily in communities served by LG&E and KU. Its 2025 grants ranged from $100 to $749,000, with a median of $2,500; 96% of grant dollars went to Kentucky. It accepts community grant applications through its online portal in March and October.
Assets
$22.0M
Grants
497
Total Given
$4.3M
More similar funders
More Funders in Kentucky
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Hacet Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Hacet Foundation Inc down — hundreds of funders to go?