Hastings Mutual Insurance Company Charitable Foundation

HASTINGS, MI EIN: 20-2031029

Hastings Mutual Insurance Company Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HASTINGS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 31 grants totaling $238K. Net investment income was $82K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.4M

+9.0% YoY

Annual Giving

$238K

+49.4% YoY

Grant Count

31

+47.6% YoY

Avg Grant Size

$8K

+1.2% YoY

Under IRS private-foundation payout rules, Hastings Mutual Insurance Company Charitable Foundation reported a distributable amount of $208K for 2024 — the minimum it must pay out in qualifying distributions.

About Hastings Mutual Insurance Company Charitable Foundation

Based on IRS filings

Hastings Mutual Insurance Company Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HASTINGS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.4M in total assets. In 2024, it awarded 31 grants totaling $238K. Net investment income was $82K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Cities

AdaAdrianAkronAlpenaAnn ArborBad AxeBaldwinCaledoniaCanfieldCarbondaleCedar RapidsCentrevilleClydeColdwaterColumbusDavenportDefianceDefinanceDes MoinesDetroit

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$71K$142K$213K$283K20202021202220232024
Metric202420232022
Total Assets$4,384,489$4,024,054$3,643,961
Revenue$92,674$76,065$181,799
Expenses$257,725$172,422$151,300
Qualifying Distributions$238,173$159,449$153,197
Net Investment Income$82,476$66,745$53,491
Distributable Amount$208,036$187,864$182,908

Giving Over Time

Total grant dollars and number of grants per year

$0$60K$119K$179K$238K24 grants202035 grants202136 grants202221 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Pine Rest Christian Ment…$63KSafe Haven Ministries$25KTruly Reaching You Inc$25KDegage Ministries$25KBrown Hutcherson Ministr…$15KMeals on Wheels of Weste…$13KNew City Kids Inc$12KInterlochen Center for t…$6KThe Baldwin Center Inc$6KChild and Family Charities$5K

Grant Size Distribution

147 grants across all recorded years

144<$50K3$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 Pine Rest Christian Mental Health S ($62,863), Safe Haven Ministries ($25,000), Truly Reaching You Inc ($25,000).

RecipientPurposeAmount
Thornapple Kellogg Schools Middleville, MISilent Partner - various items for students in need and a donation to the all night graduation party.$896
Hastings Area Schools Hastings, MISilent Partner - various items for students in need and a donation to the all night graduation party.$914
Pine Rest Christian Mental Health S Grand Rapids, MISilent Partner - Donations for Students Program and counseling services for students.$62,863
Caledonia High School Caledonia, MI*$500
Moms House of Toledo Toledo, OHFund 7 months of individual client support$3,400
Interlochen Center for the Arts Interlochen, MIOur request is for a match of Kurtis T. Wilders May 2024 Gift to Kurtis T Wilder and Donna K Fry Detroit Opportunity Scholarship which provides scholarships for students with financial need from the Detroit Area to attend Interlochen Arts Camp.$6,000
Child and Family Charities Lansing, MITo provide basic needs items to youth who are living on the streets or couch surfing.$5,000
Full Circle Foundation Grosse Pointe Park, MIThe purpose of Project Independence is to fund transportation resources for adults with special needs to ensure their ability to participate in our program.$5,000
United Way of Defiance County Inc Defiance, OHTo provide supplemental food for 1 week for elementary students$500
Victory Dreams Carbondale, ILFinancial Support to help 500 Families for Thanksgiving and Christmas Holidays$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Christopher J FlukeDirector5
Kellie M HainesDirector5
Mark A KolanowskiDirector5
Bruce J OsterinkDirector5
Michael W PuernerSecretary5
Renee R BeaufordPresident5
Kristy R DombkowskiTreasurer5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hastings Mutual Insurance Company Charitable Foundation?

Hastings Mutual Insurance Company Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in HASTINGS, MI. It holds $4.4M in total assets as of 2024.

How large is Hastings Mutual Insurance Company Charitable Foundation?

As of 2024, Hastings Mutual Insurance Company Charitable Foundation holds $4.4M in total assets with $93K in annual revenue. It awarded 31 grants totaling $238K in 2024.

Where does Hastings Mutual Insurance Company Charitable Foundation operate?

Hastings Mutual Insurance Company Charitable Foundation has awarded grants in Florida, Iowa, Illinois, Indiana, Michigan, Ohio, Wisconsin.

What size grants does Hastings Mutual Insurance Company Charitable Foundation award?

In 2024, Hastings Mutual Insurance Company Charitable Foundation awarded 31 grants totaling $238K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Hastings Mutual Insurance Company Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hastings Mutual Insurance Company Charitable Foundation reported a distributable amount of $208K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hastings Mutual Insurance Company Charitable Foundation's EIN?

Hastings Mutual Insurance Company Charitable Foundation's EIN (Employer Identification Number) is 20-2031029. 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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