Hartnett Family Foundation Inc

MORRISTOWN, NJ EIN: 31-1489727

Hartnett Family Foundation Inc is a private foundation, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $772K in total assets. In 2024, it awarded 37 grants totaling $143K. Net investment income was $92K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$772K

-6.6% YoY

Annual Giving

$143K

-1.4% YoY

Grant Count

37

+5.7% YoY

Avg Grant Size

$4K

-6.7% YoY

Under IRS private-foundation payout rules, Hartnett Family Foundation Inc reported a distributable amount of $111K for 2024 — the minimum it must pay out in qualifying distributions.

About Hartnett Family Foundation Inc

Based on IRS filings

Hartnett Family Foundation Inc is a private foundation, based in MORRISTOWN, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $772K in total assets. In 2024, it awarded 37 grants totaling $143K. Net investment income was $92K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AtlantaBaltimoreBasking RidgeBloomsburyBoiseBostonClarkeDarienDenvilleFairfieldFlemingtonFrederickLiberty CornerLindenMaplewoodMattapoisettMemphisMendhamMerrifieldMetuchen

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$57K$115K$172K$230K20202021202220232024
Metric202420232022
Total Assets$772,304$826,574$825,214
Revenue$94,613$154,473$194,149
Expenses$148,883$153,113$182,324
Qualifying Distributions$145,854$146,982$178,063
Net Investment Income$91,584$162,152$208,638
Distributable Amount$110,937$146,455$162,797

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$87K$131K$174K33 grants202032 grants202128 grants202235 grants202337 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE CHURCH OF ST JAMES$25KDIOCESE OF METUCHEN$19KCATHOLIC CHARITIES OF TH…$10KAMERICAN DIABETES ASSOCI…$5KCATHOLIC RELIEF SERVICES$5KCHILDREN'S HOSPITAL OF P…$5KHORIZONS FOR HOMELESS CH…$5KST JOHN THE APOSTLE CHURCH$5KST ELIZABETH ANN SETON C…$4KASSUMPTION COLLEGE FOR S…$3K

Grant Size Distribution

165 grants across all recorded years

164<$50K1$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 The Church of St James ($25,000), Diocese of Metuchen ($18,500), Catholic Charities of the Diocese of Metuchen ($10,000).

RecipientPurposeAmount
AMERICAN DIABETES ASSOCIATION MERRIFIELD, VAGENERAL SUPPORT$5,000
ASSUMPTION COLLEGE FOR SISTERS DENVILLE, NJGENERAL SUPPORT$3,000
CAFRICO INC FLEMINGTON, NJGENERAL SUPPORT$3,000
CANCER RESEARCH INSTITUTE NEW YORK, NYGENERAL SUPPORT$3,000
CATHOLIC CHARITIES OF THE DIOCESE OF METUCHEN PERTH AMBOY, NJGENERAL SUPPORT$10,000
CATHOLIC RELIEF SERVICES BALTIMORE, MDGENERAL SUPPORT$5,000
CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION PHILADELPHIA, PAGENERAL SUPPORT$5,000
COVENANT HOUSE NJ NEWARK, NJGENERAL SUPPORT$1,000
DIOCESE OF METUCHEN PISCATAWAY, NJGENERAL SUPPORT$18,500
HOLY FAMILY HOSPITAL OF BETHLEHEM FND WASHINGTON, DCGENERAL SUPPORT$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD M HARTNETTPRESIDENT/TRUSTEE
MARY K HARTNETTTRUSTEE
JOHN F HARTNETTSECRETARY/TREASURER/TTEE
KATHLEEN A JACOBSTRUSTEE

Frequently Asked Questions

How large is Hartnett Family Foundation Inc?

As of 2024, Hartnett Family Foundation Inc holds $772K in total assets with $95K in annual revenue. It awarded 37 grants totaling $143K in 2024.

Where does Hartnett Family Foundation Inc operate?

Hartnett Family Foundation Inc has awarded grants in Connecticut, District of Columbia, Florida, Georgia, Idaho, Louisiana, Massachusetts, Maryland, New Jersey, New York, Pennsylvania, Rhode Island, Tennessee, Virginia.

What size grants does Hartnett Family Foundation Inc award?

In 2024, Hartnett Family Foundation Inc awarded 37 grants totaling $143K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Hartnett Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hartnett Family Foundation Inc reported a distributable amount of $111K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hartnett Family Foundation Inc's EIN?

Hartnett Family Foundation Inc's EIN (Employer Identification Number) is 31-1489727. 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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