Hart Foundation Co Phillips S Davis
Hart Foundation Co Phillips S Davis is a private foundation, based in Worcester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 18 grants totaling $52K. Net investment income was $56K.
Key facts about Hart Foundation Co Phillips S Davis
- EIN
- 04-2775692
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $52,000
- Grants made (2024)
- 18
- Average grant
- $2,889
- Median grant
- $2,000
- New grantees (estimate)
- 50% first-time grantees (9 of 18, 2024)
- Total assets
- $1,109,697
- Primary geography
- Vermont (39% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Hart Foundation Co Phillips S Davis funds
By grant dollars, the top recipient states for Hart Foundation Co Phillips S Davis's 18 itemized 2024 grants were Vermont (39%), Massachusetts (27%) and New York (25%). The most frequent recipient cities were Burlington, VT (4 grants), Worcester, MA (3 grants) and Richmond, VT (3 grants). 94% of grants with a stated purpose were for general or operating support.
Is Hart Foundation Co Phillips S Davis open to new grantees?
50%
first-time grantees, 2024
In 2024, 9 of 18 grantees (50%) were first-time recipients. First grants averaged $3K; repeat grants $3K. How we count
Medians: $2K first-time, $2K repeat.
- Giving grew 22% from 2021 to 2024. Method
- In 2024 it paid out 79% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Hart Foundation Co Phillips S Davis
- How to evaluate Hart Foundation Co Phillips S Davis as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Hart Foundation Co Phillips S Davis with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
Annual Giving
$52K
Grant Count
18
Avg Grant Size
$3K
Under IRS private-foundation payout rules, Hart Foundation Co Phillips S Davis reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About Hart Foundation Co Phillips S Davis
Based on IRS filings
Hart Foundation Co Phillips S Davis is a private foundation, based in Worcester, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 18 grants totaling $52K. Net investment income was $56K.
Ready to take the next step with Hart Foundation Co Phillips S Davis?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,109,697 | $572,193 | $555,606 |
| Revenue | $65,171 | $67,103 | $57,712 |
| Expenses | $64,538 | $50,516 | $51,143 |
| Qualifying Distributions | $56,376 | $46,053 | — |
| Net Investment Income | $56,123 | $59,640 | $49,100 |
| Distributable Amount | $71,097 | $39,716 | $44,159 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Doctors Without Borders USA ($13,000), Carroll Center for the Blind ($4,000), Committee on Temporary Shelter ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DOCTORS WITHOUT BORDERS USA New York, NY | GENERAL SUPPORT | $13,000 |
| CARROLL CENTER FOR THE BLIND Newton, MA | GENERAL SUPPORT | $4,000 |
| COMMITTEE ON TEMPORARY SHELTER Burlington, VT | GENERAL SUPPORT | $4,000 |
| WORCESTER YOUTH CENTER Worcester, MA | GENERAL SUPPORT | $3,500 |
| VERMONT YOUTH CONSERVATION CORPS Richmond, VT | GENERAL SUPPORT | $3,000 |
| CLEAN OCEAN ACCESS Middletown, RI | GENERAL SUPPORT | $2,500 |
| NATIONAL EDUCATION FOR Princeton, MA | GENERAL SUPPORT | $2,500 |
| BANCROFT SCHOOL Worcester, MA | GENERAL SUPPORT | $2,000 |
| KEEPING TRACK Richmond, VT | GENERAL SUPPORT | $2,000 |
| MASS AUDUBON - BROAD MEADOW BROOK Worcester, MA | GENERAL SUPPORT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Phillips S Davis | Trustee | 1 | $5,000 |
| Matthew a Fargo | Trustee | 1 | — |
| Taylor Fargo Strachan | Trustee | 1 | — |
| Tess Elizabeth Fargo | Trustee | 1 | — |
| Griffin H Fargo | Trustee | 1 | — |
Frequently Asked Questions
How large is Hart Foundation Co Phillips S Davis?
As of 2024, Hart Foundation Co Phillips S Davis holds $1.1M in total assets with $65K in annual revenue. It awarded 18 grants totaling $52K in 2024.
Where does Hart Foundation Co Phillips S Davis operate?
Hart Foundation Co Phillips S Davis has awarded grants in Massachusetts, New York, Rhode Island, Texas, Vermont.
What size grants does Hart Foundation Co Phillips S Davis award?
In 2024, Hart Foundation Co Phillips S Davis awarded 18 grants totaling $52K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Hart Foundation Co Phillips S Davis required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hart Foundation Co Phillips S Davis reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hart Foundation Co Phillips S Davis's EIN?
Hart Foundation Co Phillips S Davis's EIN (Employer Identification Number) is 04-2775692. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hart Foundation Co Phillips S Davis's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Vermont Community Foundation
Middlebury, VT
Assets
$370.6M
Grants
728
Total Given
$46.3M
TD Charitable Foundation
Portland, ME
Assets
—
Grants
1,003
Total Given
$24.9M
Mascoma Bank Foundation
Lebanon, NH
Assets
$6.7M
Grants
206
Total Given
$837K
George W Mergens Foundation
Milton, VT
Assets
$16.3M
Grants
95
Total Given
$1.0M
Ruth & Peter Metz Family Foundation
Westfield, NJ
Assets
$9.2M
Grants
99
Total Given
$596K
The Morris & Bessie Altman Foundation
Shelburne, VT
Assets
$8.0M
Grants
67
Total Given
$602K
Price Chopper's Golub Foundation
Schenectady, NY
Assets
$347K
Grants
277
Total Given
$444K
The Windham Foundation Inc
Grafton, VT
Assets
—
Grants
124
Total Given
$393K
National Life Group Charitable
Montpelier, VT
Assets
$27.4M
Grants
757
Total Given
$2.7M
Antonio B and Rita M Pomerleau
Burlington, VT
Assets
$2.1M
Grants
57
Total Given
$1.6M
The Kelsey Trust
Lincoln, MA
Assets
$3.8M
Grants
30
Total Given
$224K
Fidelity Foundation
Boston, MA
Assets
$5.0B
Grants
4,430
Total Given
$156.2M
More Funders in Massachusetts
Data last updated September 2026. Sourced from IRS Form 990-PF filings.