Hats That Heal Inc

Private foundation · Grantmaker Castle Rock, CO EIN: 82-4390369

Hats That Heal Inc is a private foundation focused on public and societal benefit, based in Castle Rock, CO. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $13K in total assets. In 2025, it awarded 3 grants totaling $3K.

Key facts about Hats That Heal Inc

In short: Hats That Heal Inc gave $3K across 3 grants in 2025 (avg $1K), mostly in Colorado. Source: 2025 IRS Form 990-PF.

EIN
82-4390369
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,253
Grants made (2025)
3
Average grant
$1,084
Median grant
$1,195
Total assets
$12,719
Primary geography
Colorado (63% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13K

-11.3% YoY

Annual Giving

$3K

+381.2% YoY

Grant Count

3

+50.0% YoY

Avg Grant Size

$1K

+220.8% YoY

Under IRS private-foundation payout rules, Hats That Heal Inc reported a distributable amount of $667 for 2025 — the minimum it must pay out in qualifying distributions.

How Hats That Heal Inc gives

  • Giving grew 210% from 2022 to 2025. Method
  • In 2025 it paid out 630% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

BozemanCastle RockDenver

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K$4K0 grants2020 2 grants2021 2 grants2022 3 grants2023 2 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $676 (2024) to $3K (2025). In 2025 it made 3 grants totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Help and Hope Center: $2KHelp and Hope Center$2KCasting for Recovery: $1KCasting for Recovery$1KAdvent Castle Rock Hospital: $500Advent Castle Rock Hospital$500

The largest 2025 recipient was Help and Hope Center ($2K). Together the top 3 received $3K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Help and Hope Center Castle Rock, COCharitable$1,558
Casting for Recovery Bozeman, MTCharitable$1,195
Advent Castle Rock Hospital Castle Rock, COCharitable$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$2.5K$5K$7.5K$10K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$12,719$14,343$11,417
Revenue$2,575$7,400$4,339
Expenses$4,199$1,877$2,113
Qualifying Distributions$4,199$1,877$2,113
Distributable Amount$667$635$541

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 13, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Hats That Heal Inc is led by Trece ODonnell, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Trece ODonnell

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Molly Cognetti

    Vice President

    On filings since 2023

    3 hrs/week

    No compensation reported

Former officers (2)
  • Former: Molly ODonnell (2021–2022) — Vice President
  • Former: Pete Rather (2020) — Vice President

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hats That Heal Inc

How much does Hats That Heal Inc give each year?

Hats That Heal Inc gave $3K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $676 across 2 grants.

What is Hats That Heal Inc's typical grant size?

Hats That Heal Inc's median grant in 2025 was $1,195, and its average grant was $1,084, across 3 grants on its 2025 IRS Form 990-PF.

Where does Hats That Heal Inc give grants?

Hats That Heal Inc gives mostly in Colorado: 63% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Montana (37%). The most frequent recipient cities were Castle Rock, CO (2 grants).

Does Hats That Heal Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Hats That Heal Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (3 grants).

How large is Hats That Heal Inc?

Hats That Heal Inc reported $13K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $667 (roughly 5% of its investment assets).

What is Hats That Heal Inc?

Hats That Heal Inc is a private foundation focused on public and societal benefit, based in Castle Rock, CO. It holds $13K in total assets as of 2025.

What is Hats That Heal Inc's EIN?

Hats That Heal Inc's EIN (Employer Identification Number) is 82-4390369. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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