Hart Foundation Co Phillips S Davis

WORCESTER, MA EIN: 04-2775692

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

BoylstonBurlingtonDallasHuntingtonJerichoMiddletownMontpelierNew YorkNewtonPrincetonProvidenceRichmondSouth BurlingtonWillstonWinooskiWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$18K$37K$55K$74K2020202120222024
Metric202420222021
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

Giving Over Time

Total grant dollars and number of grants per year

$0$13K$26K$39K$52K10 grants202014 grants202114 grants202218 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DOCTORS WITHOUT BORDERS …$13KCARROLL CENTER FOR THE B…$4KCOMMITTEE ON TEMPORARY S…$4KWORCESTER YOUTH CENTER$4KVERMONT YOUTH CONSERVATI…$3KCLEAN OCEAN ACCESS$3KNATIONAL EDUCATION FOR$3KBANCROFT SCHOOL$2KKEEPING TRACK$2KMASS AUDUBON - BROAD MEA…$2K

Grant Size Distribution

56 grants across all recorded years

56<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Doctors Without Borders Usa ($13,000), Carroll Center for the Blind ($4,000), Committee on Temporary Shelter ($4,000).

RecipientPurposeAmount
BANCROFT SCHOOL WORCESTER, MAGENERAL SUPPORT$2,000
CARROLL CENTER FOR THE BLIND NEWTON, MAGENERAL SUPPORT$4,000
COMMITTEE ON TEMPORARY SHELTER BURLINGTON, VTGENERAL SUPPORT$4,000
KEEPING TRACK RICHMOND, VTGENERAL SUPPORT$2,000
MASS AUDUBON - BROAD MEADOW BROOK WORCESTER, MAGENERAL SUPPORT$2,000
SPECTRUM YOUTH AND FAMILY SERVICES BURLINGTON, VTGENERAL SUPPORT$2,000
VERMONT COMMONS SCHOOL SOUTH BURLINGTON, VTSCHOLARSHIPS$2,000
VERMONT YOUTH CONSERVATION CORPS RICHMOND, VTGENERAL SUPPORT$3,000
WORCESTER YOUTH CENTER WORCESTER, MAGENERAL SUPPORT$3,500
CLEAN OCEAN ACCESS MIDDLETOWN, RIGENERAL SUPPORT$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PHILLIPS S DAVISTRUSTEE$5K

From 2024 filing

NameTitleHoursCompensation
PHILLIPS S DAVISTRUSTEE1$5,000
MATTHEW A FARGOTRUSTEE1
TAYLOR FARGO STRACHANTRUSTEE1
TESS ELIZABETH FARGOTRUSTEE1
GRIFFIN H FARGOTRUSTEE1

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.

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

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