Harvego Family Foundation

Foundation · Grantmaker SACRAMENTO, CA EIN: 68-0422816

Harvego Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SACRAMENTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 12 grants totaling $135K. Net investment income was $134K.

Key facts about Harvego Family Foundation

EIN
68-0422816
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$135,000
Grants made (2024)
12
Average grant
$11,250
Median grant
$5,000
New grantees (estimate)
17% first-time grantees (2 of 12, 2024)
Total assets
$2,580,261
Primary geography
California (69% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Harvego Family Foundation funds

By grant dollars, the top recipient states for Harvego Family Foundation's 12 itemized 2024 grants were California (69%) and New York (30%). The most frequent recipient cities were Sacramento, CA (8 grants). 100% of grants with a stated purpose were for general or operating support.

Is Harvego Family Foundation open to new grantees?

17%

first-time grantees, 2024

In 2024, 2 of 12 grantees (17%) were first-time recipients. First grants averaged $2K; repeat grants $13K. How we count

Medians: $2K first-time, $8K repeat.

  • 67% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+12%). Method
  • In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). 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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.6M

+2.8% YoY

Annual Giving

$135K

+8.7% YoY

Grant Count

12

-7.7% YoY

Avg Grant Size

$11K

+17.8% YoY

Under IRS private-foundation payout rules, Harvego Family Foundation reported a distributable amount of $128K for 2024 — the minimum it must pay out in qualifying distributions.

About Harvego Family Foundation

Based on IRS filings

Harvego Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SACRAMENTO, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.6M in total assets. In 2024, it awarded 12 grants totaling $135K. Net investment income was $134K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 12 itemized 2024 grant dollars.

Cities

SacramentoAuburnSpokane ValleyWintersElvertaClaremontNashvilleRichlandRichvaleStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$268K$402K$537K20202021202220232024
Metric202420232022
Total Assets$2,580,261$2,510,289$2,294,816
Revenue$161,114$487,761$15,249
Expenses$202,246$190,950$187,400
Qualifying Distributions$135,000$124,196$128,500
Net Investment Income$133,585$456,568$36,403
Distributable Amount$128,161$115,016$125,151

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$101K$135K9 grants202013 grants202115 grants202213 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Tunnel to Towers Foundation: $40KTunnel to Towers Foundation$40KDowntown Sacramento Foundation: $25KDowntown Sacramento Foundation$25KGreater Sacramento Economic Council: $25KGreater Sacramento EconomicCouncil$25KPlacer Land Trust: $13KPlacer Land Trust$13KSacramento Police Mounted Association: $10KSacramento Police MountedAssociation$10KRiver City Food Bank: $5KRiver City Food Bank$5KFairytale Town: $5KFairytale Town$5KSacramento Food Bank & Family Services: $5KSacramento Food Bank & FamilyServices$5KDowntown Sacramento Partnership: $3KDowntown SacramentoPartnership$3KSacramento Police Foundation: $2KSacramento Police Foundation$2K

Grant Size Distribution

62 grants across all recorded years

60<$50K2$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 recipients include Tunnel to Towers Foundation ($40,000), Downtown Sacramento Foundation ($25,000), Greater Sacramento Economic Council ($25,000).

RecipientPurposeAmount
TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NYGENERAL DONATION$40,000
DOWNTOWN SACRAMENTO FOUNDATION SACRAMENTO, CAGENERAL DONATION$25,000
GREATER SACRAMENTO ECONOMIC COUNCIL SACRAMENTO, CAGENERAL DONATION$25,000
PLACER LAND TRUST AUBURN, CAGENERAL DONATION$12,500
SACRAMENTO POLICE MOUNTED ASSOCIATION SACRAMENTO, CAGENERAL DONATION$10,000
RIVER CITY FOOD BANK SACRAMENTO, CAGENERAL DONATION$5,000
FAIRYTALE TOWN SACRAMENTO, CAGENERAL DONATION$5,000
SACRAMENTO FOOD BANK & FAMILY SERVICES SACRAMENTO, CAGENERAL DONATION$5,000
DOWNTOWN SACRAMENTO PARTNERSHIP SACRAMENTO, CAGENERAL DONATION$2,500
SACRAMENTO POLICE FOUNDATION SACRAMENTO, CAGENERAL DONATION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Terrence HarvegoChairman2—
Deborah HarvegoDirector0.1—
Larry E JohnsonDirector0.1—
Tamara J H JohnsonDirector2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Harvego Family Foundation?

Harvego Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SACRAMENTO, CA. It holds $2.6M in total assets as of 2024.

How large is Harvego Family Foundation?

As of 2024, Harvego Family Foundation holds $2.6M in total assets with $161K in annual revenue. It awarded 12 grants totaling $135K in 2024.

Where does Harvego Family Foundation operate?

Harvego Family Foundation has awarded grants in California, New York, Tennessee, Washington.

What size grants does Harvego Family Foundation award?

In 2024, Harvego Family Foundation awarded 12 grants totaling $135K — an average of about $11K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Harvego Family Foundation reported a distributable amount of $128K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Harvego Family Foundation's EIN?

Harvego Family Foundation's EIN (Employer Identification Number) is 68-0422816. 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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