Hasbro Foundation Inc
The Hasbro Foundation Inc is a private philanthropic organization based in Pawtucket, Rhode Island, established in 1985. Operating as a 501(c)(3) nonprofit, the foundation is affiliated with Hasbro, Inc., a leading toy and game company. The foundation's work centers on delivering play-based solutions to underserved communities and supporting children and youth across the United States and internationally.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
-49.0% YoY
Annual Giving
$2.7M
+110.8% YoY
Grant Count
39
-11.4% YoY
Avg Grant Size
$70K
+137.8% YoY
Under IRS private-foundation payout rules, Hasbro Foundation Inc reported a distributable amount of $134K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to support programs designed to create a universe where every child experiences hope, kindness, and joy.
Hasbro's Global Philanthropy and Social Impact programming operates around three core pillars:
- Access to Play: Delivering play to underserved and historically marginalized communities, removing barriers to play and ensuring it is accessible to all
- Play Relief: Providing support in times of crisis and uncertainty, including disaster relief and assistance to children facing health challenges
- Play Makers: Empowering the next generation through upskilling and leadership development
The foundation supports a broad range of subject areas including:
- Elementary and secondary education
- Mental health care and pediatrics
- Disaster management and emergency relief
- Food aid and hunger security
- Community recreation and sports programs
- Human services and basic emergency aid
Grantmaking
The foundation makes grants through several mechanisms:
Grant Range
s**: Typical awards range from $25,000 to $500,000.
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Geographic Focus
Where this funder awards grants
The foundation funds initiatives across the United States, with particular focus in locations where Hasbro operates. Geographic areas of support include California, Connecticut, Florida, Georgia, Indiana, Massachusetts, New Hampshire, New York, Ohio, Rhode Island, Virginia, Vermont, and Washington.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (2023):
- Total Assets: $3,789,852
- Total Revenue: $1,170,993
- Total Expenses: $1,650,662
- Total Liabilities: $352,000
Historical Note: Earlier financial data from 2024 filings indicated total assets of $1,932,219 and total giving of $2,722,278.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,932,219 | $3,789,852 | $4,418,109 |
| Revenue | $1,220,757 | $1,170,993 | $4,057,439 |
| Expenses | $2,725,278 | $1,650,662 | $3,159,447 |
| Qualifying Distributions | $2,722,278 | $1,643,854 | $3,158,497 |
| Net Investment Income | $120,498 | $165,552 | $47,624 |
| Distributable Amount | $134,170 | $192,459 | $196,077 |
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
184 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include California Community Foundation ($250,000), Give Kids the World ($250,000), Give Kids the World ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AS220 PROVIDENCE, RI | PROGRAM SUPPORT | $15,000 |
| BOYS AND GIRLS CLUB OF PAWTUCKET PAWTUCKET, RI | PROGRAM SUPPORT | $30,000 |
| CALIFORNIA COMMUNITY FOUNDATION LOS ANGELES, CA | PROGRAM SUPPORT | $250,000 |
| RHODE ISLAND SCHOOL OF DESIGN PROVIDENCE, RI | PROGRAM SUPPORT | $30,000 |
| GIVE KIDS THE WORLD KISSIMMEE, FL | PROGRAM SUPPORT | $250,000 |
| BOYS AND GIRLS CLUB OF BURBANK BURBANK, CA | PROGRAM SUPPORT | $10,000 |
| RHODE ISLAND KIDS COUNT PROVIDENCE, RI | PROGRAM SUPPORT | $25,000 |
| PLAYWORKS NEW ENGLAND DORCHESTER, MA | PROGRAM SUPPORT | $75,000 |
| CITY YEAR OPERATING BOSTON, MA | PROGRAM SUPPORT | $50,000 |
| SERIOUSFUN CHILDRENS NETWORK NORWALK, CT | PROGRAM SUPPORT | $115,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Key personnel include:
- Kevin Colman, President
- Bryony Bouyer, Vice President
All leadership work on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH KNOTT | President | 0.3 | — |
| THERON GRIM | Vice President | 0.3 | — |
| GINA GOETTER | VP and Treasurer | 0.3 | — |
| TARRANT SIBLEY | Secretary | 0.3 | — |
| MATTHEW GILMAN | Asst Secretary | 0.3 | — |
Recent News & Activity
Recent developments and announcements
**2023 Highlights**:
Distributed $15 million in total philanthropic support
Impacted 3.9 million children and adults through philanthropic giving
Donated 719,000 toys and games
**Notable Initiatives**:
Girl Innovators of Play: A STEM-based program launched in partnership with Girl Up on International Day of the Girl (October 2023) to mobilize girl leadership, innovation, and creativity
Brian Goldner Center for Transforming Futures: Established by Hasbro to support transformational initiatives
Hasbro Children\u2019s Fund announces $500,000 gift to support international\Recognized as one of the Civic 50 Most Community-Minded Companies for 11th consecutive year (2023)
**Strategic Partnerships**: The foundation works with strategic philanthropic partners including Toys for Tots, Special Olympics, and Playworks to maximize impact in communities.
Frequently Asked Questions
What does Hasbro Foundation Inc fund?
The foundation's mission is to support programs designed to create a universe where every child experiences hope, kindness, and joy. Hasbro's Global Philanthropy and Social Impact programming operates around three core pillars: • **Access to Play**: Delivering play to underserved and historically marginalized communities, removing barriers to play and ensuring it is accessible to all • **Play Relief**: Providing support in times of crisis and uncertainty, including disaster relief and assistanc…
How do I apply for a grant from Hasbro Foundation Inc?
The foundation makes grants through several mechanisms: **Local Community Grants**: Support programs that deliver stability for children in crisis, provide pediatric physical and mental health services, ensure hunger security, and support education initiatives. **Employee Matching Programs**: • Employee Matching Gifts Program: Matches employee contributions to institutions of higher education from $25 to $2,500 per employee, per year • Dollars for Doers: Matches employee contributions to nonpro…
Where does Hasbro Foundation Inc make grants?
The foundation funds initiatives across the United States, with particular focus in locations where Hasbro operates. Geographic areas of support include California, Connecticut, Florida, Georgia, Indiana, Massachusetts, New Hampshire, New York, Ohio, Rhode Island, Virginia, Vermont, and Washington.
What size grants does Hasbro Foundation Inc award?
In 2024, Hasbro Foundation Inc awarded 39 grants totaling $2.7M — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is Hasbro Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hasbro Foundation Inc reported a distributable amount of $134K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hasbro Foundation Inc's EIN?
Hasbro Foundation Inc's EIN (Employer Identification Number) is 22-2538470. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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