Hammer Family Charitable Foundation Inc

Private foundation · Grantmaker Cedar Rapids, IA EIN: 39-1876763

Hammer Family Charitable Foundation Inc is a private foundation, based in Cedar Rapids, IA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $10.1M in total assets. In 2024, it awarded 8 grants totaling $786K. Net investment income was $201K.

Key facts about Hammer Family Charitable Foundation Inc

In short: Hammer Family Charitable Foundation Inc gave $786K across 8 grants in 2024 (avg $98K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
39-1876763
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$786,000
Grants made (2024)
8
Average grant
$98,250
Median grant
$15,000
Total assets
$10,139,958
Primary geography
New York (77% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$10.1M

-0.4% YoY

Annual Giving

$786K

+38.1% YoY

Grant Count

8

+33.3% YoY

Avg Grant Size

$98K

+3.6% YoY

Under IRS private-foundation payout rules, Hammer Family Charitable Foundation Inc reported a distributable amount of $518K for 2024 — the minimum it must pay out in qualifying distributions.

How Hammer Family Charitable Foundation Inc gives

  • Giving grew 106% from 2021 to 2024. Method
  • In 2024 it paid out 152% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

New YorkLong MeadowWashingtonPensacolaSan FranciscoBoynton BeachAtlantaBendMiamiBethlehemBeverly HillsBoca RatonNew ULMSanta BarbaraSanta RosaTallahasseeWest Palm Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K10 grants2019 15 grants2020 5 grants2021 7 grants2022 6 grants2023 8 grants2024

From 2019 to 2024, annual grant giving ranged from $381K (2021) to $786K (2024). In 2024 it made 8 grants totaling $786K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Columbia University School of General Studies: $500KColumbia University School ofGeneral Studies$500KBaypath University: $150KBaypath University$150KGirls Write Now: $100KGirls Write Now$100KSt Charles Foundation: $25KSt Charles Foundation$25KImentor Inc: $5KImentor Inc$5KSouth Florida PBS: $3KSouth Florida PBS$3KKqed: $3KKqed$3KUnited States Holocaust Museum: $1KUnited States Holocaust Museum$1K

The largest 2024 recipient was Columbia University School of General Studies ($500K). Together the top 8 received $786K.

Grant Size Distribution

41 grants across all recorded years

26<$50K4$50–100K6$100–250K4$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 41 (63%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Columbia University School of General Studies New York, NYGeneral Support$500,000
Baypath University Long Meadow, MAGeneral Support$150,000
Girls Write Now New York, NYGeneral Support$100,000
St Charles Foundation Bend, ORGeneral Support$25,000
Imentor Inc New York, NYGeneral Support$5,000
South Florida PBS Miami, FLGeneral Support$2,500
Kqed San Francisco, CAGeneral Support$2,500
United States Holocaust Museum Washington, DCGeneral Support$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$10,139,958$10,181,524$11,635,928
Revenue$157,330$-731,881$9,291
Expenses$859,973$575,296$837,690
Qualifying Distributions$786,000$569,000$619,700
Net Investment Income$200,521$308,519$116,354
Distributable Amount$518,068$511,590$587,866

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 9, 2021)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 11, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 26, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS July 20, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 30, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 7, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Hammer Family Charitable Foundation Inc is led by Ann B Hammer, President on every filing since 2019; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Ann B Hammer

    President

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Neil R Hammer

    Secretary & Treasurer

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "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 Hammer Family Charitable Foundation Inc

How much does Hammer Family Charitable Foundation Inc give each year?

Hammer Family Charitable Foundation Inc gave $786K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $569K across 6 grants.

What is Hammer Family Charitable Foundation Inc's typical grant size?

Hammer Family Charitable Foundation Inc's median grant in 2024 was $15,000, and its average grant was $98,250, across 8 grants on its 2024 IRS Form 990-PF.

Where does Hammer Family Charitable Foundation Inc give grants?

Hammer Family Charitable Foundation Inc gives mostly in New York: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (19%). The most frequent recipient cities were New York, NY (3 grants).

Does Hammer Family Charitable Foundation Inc give general operating support?

Yes: 100% of Hammer Family Charitable Foundation Inc's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Hammer Family Charitable Foundation Inc's largest grantees?

Hammer Family Charitable Foundation Inc's largest 2024 grantees include Columbia University School of General Studies ($500,000), Baypath University ($150,000) and Girls Write Now ($100,000), according to its 2024 IRS Form 990-PF. Together they received 95% of its itemized 2024 grant dollars.

How large is Hammer Family Charitable Foundation Inc?

Hammer Family Charitable Foundation Inc reported $10.1M in total assets on its 2024 IRS Form 990-PF. It paid out $786K in qualifying distributions that year, against a required minimum of $518K (roughly 5% of its investment assets).

What is Hammer Family Charitable Foundation Inc's EIN?

Hammer Family Charitable Foundation Inc's EIN (Employer Identification Number) is 39-1876763. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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