Hatch Foundation is a private family foundation based in Springfield, Missouri, established in 2020. The foundation was created by six founding family members who sold their family business in November 2019 and committed to giving back to the Springfield community that supported them for decades. Hatch operates as a 501(c)(3) organization focused on community development and enrichment through innovative solutions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$44.3M
+9.9% YoY
Annual Giving
$2.0M
+11.2% YoY
Grant Count
44
-6.4% YoY
Avg Grant Size
$45K
+18.7% YoY
Under IRS private-foundation payout rules, Hatch Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: "We nurture a sense of community through innovative solutions that enrich our quality of life."
The foundation believes that a city is only as strong as its communities and is guided by the goal of strengthening communities through empowering neighborhoods and those who call them home. The foundation's core values include humility in serving the Springfield community.
Primary funding areas include:
- Community art promotion
- Neighborhood development and improvement
- Regional collaboration and development
- Environmental initiatives
- Community engagement and quality of life programs
- Education and youth services
Grantmaking
Hatch Foundation is an active grantmaker with significant annual giving. Recent grant activity includes:
Grant Range
s typically range from $542 to $600,765. The foundation makes grants to both local and regional organizations, with a focus on community-based initiatives.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations and initiatives in Springfield, Missouri, and the surrounding Ozarks region. Recent grantmaking also includes activity in Missouri and Maryland.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $44,295,072
- Total Revenues: $1,307,984
- Total Expenses: $2,168,022
- Total Liabilities: Minimal
2023 Financial Data:
- Total Assets: $40,319,418
- Total Revenues: $621,844
- Total Expenses: $2,130,569
- Total Liabilities: $522
The foundation's revenue is primarily generated through investment income and dividends. In 2023, investment income totaled $905,583, representing an 18.4% increase from the prior year.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $44,295,072 | $40,319,418 | $35,062,250 |
| Revenue | $1,307,984 | $621,844 | $5,845,522 |
| Expenses | $2,168,022 | $2,130,569 | $1,419,604 |
| Qualifying Distributions | $2,095,954 | $1,901,788 | $1,819,786 |
| Net Investment Income | $1,236,041 | $827,137 | $5,761,076 |
| Distributable Amount | $2,106,365 | $1,865,717 | $1,819,786 |
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
135 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Goldman - Hatch Philanthropy Fund ($300,000), Sps Foundation ($270,352), Drew Lewis Foundation ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BETTER BLOCK SPRINGFIELD, MO | SUSTAINING OPERATIONS SUPPORT | $30,000 |
| BOYS & GIRLS CLUB OF SPRINGFIELD SPRINGFIELD, MO | WELLNESS DEGREE PROGRAM | $108,920 |
| CITY OF SPRINGFIELD SPRINGFIELD, MO | HAMMONS FIELD DECKING | $50,000 |
| COMMUNITY FOUNDATION OF THE OZARKS SPRINGFIELD, MO | CELEBRATE SPRINGFIELD SPONSORSHIP | $30,250 |
| COMMUNITY FOUNDATION OF THE OZARKS SPRINGFIELD, MO | CONSULTANT FOR REGIONALISM | $14,851 |
| COMMUNITY FOUNDATION OF THE OZARKS SPRINGFIELD, MO | LORE | $28,202 |
| COMMUNITY PARTNERSHIP SPRINGFIELD, MO | SPS AFTER SCHOOL CLUBS | $4,125 |
| DARR FAMILY FOUNDATION SPRINGFIELD, MO | JDF CAMP | $1,675 |
| DREW LEWIS FOUNDATION SPRINGFIELD, MO | RISE PROGRAM FOR GYM MEMBERSHIPS | $50,000 |
| DREW LEWIS FOUNDATION SPRINGFIELD, MO | COMMUNITY CENTER | $250,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Founding & Leadership Team:
- Erin Danastasio – Executive Director
- Cody Danastasio – Director
- Sherry Hellweg – Director
- Kurt Hellweg – Director
- Kate Hellweg – Director
- Tyler Hellweg – Director
The six founding family members comprise the leadership, with Erin Danastasio serving as Executive Director.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIN N DANASTASIO | EXECUTIVE DIRECTOR | 20 | — |
| TYLER D HELLWEG | PRESIDENT | 1 | — |
| CASEY WAMSLEY | SECRETARY | 1 | — |
| JAMES R BATTEN | TREASURER | 1 | — |
| CODY S DANASTASIO | DIRECTOR | 1 | — |
| KATHERINE R HELLWEG | DIRECTOR | 1 | — |
| KURT D HELLWEG | DIRECTOR | 1 | — |
| SHERYL D HELLWEG | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
Springfield Art Museum received grants to support outreach and education during renovations (December 2025)
Springfield Art Museum receives 2 grants to support outreach and ...Hatch Foundation donated $1 million for McDaniel Park improvements
Hatch Foundation donates $1 million for McDaniel Park improvementsStartUp Hutch was awarded a $50,000 grant to launch a housing entrepreneurship program
StartUp Hutch Awarded $50,000 Grant to Launch Housing Entrepreneurship ProgramSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hatch Foundation fund?
**Mission:** "We nurture a sense of community through innovative solutions that enrich our quality of life." The foundation believes that a city is only as strong as its communities and is guided by the goal of strengthening communities through empowering neighborhoods and those who call them home. The foundation's core values include humility in serving the Springfield community. Primary funding areas include: • Community art promotion • Neighborhood development and improvement • Regional coll…
How do I apply for a grant from Hatch Foundation?
Hatch Foundation is an active grantmaker with significant annual giving. Recent grant activity includes: **2024 Grants:** • Drew Lewis Foundation: $250,000 (Community Center) • The Springfield Greene County Public Library Foundation: $200,000 (Auditorium) • Ozark Greenways: $112,000 (BNSF Railway Property) • Total giving in 2024: $1,958,765 across multiple grants **2023 Grants:** • Boys and Girls Clubs of Springfield: $425,000 (Teen Center) • Watershed Committee of the Ozarks: $223,346 (Anniver…
Where does Hatch Foundation make grants?
The foundation primarily funds organizations and initiatives in Springfield, Missouri, and the surrounding Ozarks region. Recent grantmaking also includes activity in Missouri and Maryland.
What size grants does Hatch Foundation award?
In 2024, Hatch Foundation awarded 44 grants totaling $2.0M — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Hatch Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hatch Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hatch Foundation's EIN?
Hatch Foundation's EIN (Employer Identification Number) is 84-3891130. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hatch Foundation's focus areas in our free grants database
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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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