Hayswood Foundation Inc
Hayswood Foundation Inc. is a private foundation based in Maysville, Kentucky. It supports local nonprofit organizations through grants for programs and services involving mental and physical health and education, and administers scholarship programs to help local students pursue higher education.
Key facts about Hayswood Foundation Inc
In short: Hayswood Foundation Inc gave $724K across 28 grants in 2025 (avg $26K), mostly in Kentucky. 21% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- EIN
- 23-7345996
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $723,961
- Grants made (2025)
- 28
- Average grant
- $25,856
- Median grant
- $10,000
- New grantees (estimate)
- 21% first-time grantees (6 of 28, 2025)
- Total assets
- $12,875,708
- Primary geography
- Kentucky (99% of itemized 2025 grant dollars)
- How to apply
- Request application forms and materials by calling the foundation’s office. Full details ↓
- Deadline
- August 1, as stated in the foundation’s filing.
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$12.9M
+25.7% YoY
Annual Giving
$724K
+6.8% YoY
Grant Count
28
-6.7% YoY
Avg Grant Size
$26K
+14.4% YoY
Under IRS private-foundation payout rules, Hayswood Foundation Inc reported a distributable amount of $950K for 2025 — the minimum it must pay out in qualifying distributions.
Is Hayswood Foundation Inc open to new grantees?
21%
first-time grantees, 2025
In 2025, 6 of 28 grantees (21%) were first-time recipients. First grants averaged $76K; repeat grants $12K. How we count
Medians: $8K first-time, $10K repeat.
- 71% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+4%). Method
- In 2025 it paid out 84% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation states that its mission is to improve the lives of citizens in the local communities it serves. Its grants support nonprofit programs and services involving mental or physical health and education; its scholarship programs support local students pursuing higher education.
Examples of supported organizations include the Tom Browning Boys and Girls Club, whose stated mission is to help young people—especially those facing disadvantage—realize their potential as productive, responsible, and caring citizens. The Limestone Family YMCA says its mission is to put Christian principles into practice through programs that build healthy spirit, mind, and body for all. Limestone Ministries says it provides food, utility assistance, and urgent shelter to people in need.
Grantmaking
The foundation awarded 28 grants totaling $723,961 in 2025. Grants ranged from $364 to $419,624, with a median award of $10,000. The largest award was $419,624 to the Downing Various Scholarship Program for education. Other notable 2025 awards included $30,000 each to Maysville Players, Tom Browning Boys and Girls Club, Maysville Initiatives, and Kentucky Gateway Museum Center.
Review Cycle
August 1, as stated in the foundation’s filing.
Open Grants
1 open opportunity from Hayswood Foundation Inc
Ready to take the next step with Hayswood Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation serves organizations located in, or operating for the benefit of residents of, Bracken, Fleming, Lewis, Mason, and Robertson counties in Kentucky, and Adams and Brown counties in Ohio.
Grant Distribution by State
Share of all 28 itemized 2025 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $523K (2021) to $724K (2025). In 2025 it made 28 grants totaling $724K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Downing Various Scholarship Program ($420K). Together the top 10 received $614K.
Grant Size Distribution
127 grants across all recorded years
The most common grant size was under $50K: 120 grants of 127 (94%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Downing Various Scholarship Program Maysville, KY | Education | $419,624 |
| Maysville Players Maysville, KY | Community Activities | $30,000 |
| Tom Browning Boys and Girls Club Maysville, KY | Youth Recreation | $30,000 |
| Maysville Initiatives Maysville, KY | Community Development | $30,000 |
| KY Gateway Museum Center Maysville, KY | Education | $30,000 |
| McNeill Performance Series Maysville, KY | Community Development | $18,323 |
| CASA Program Maysville, KY | Protection of Youth | $15,500 |
| Limestone Family YMCA Maysville, KY | Community Development | $15,000 |
| St Patrick School Maysville, KY | Education | $13,000 |
| Wald Park Inc Maysville, KY | Community Development | $12,600 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grants awarded | Number of grants |
|---|---|---|
| 2025 | $723,961 | 28 |
| 2024 | $677,946 | 30 |
| 2023 | $680,587 | 28 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $12,875,708 | $10,239,287 | $10,336,945 |
| Revenue | $3,549,263 | $752,648 | $681,972 |
| Expenses | $911,861 | $850,307 | $829,809 |
| Qualifying Distributions | $795,489 | $740,363 | $731,373 |
| Net Investment Income | $2,444,450 | $654,345 | $594,231 |
| Distributable Amount | $950,212 | $872,777 | $771,270 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 10, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Adam Hinton as president; James Downing as vice president; De’Saree Perry as secretary; Robert Canada as treasurer; Regina Parker Free as trustee; and Brian Bowling, Janet White, Rodney Baker, Kathryn Hendrickson, and Cindy Orme as directors. Lloyd Schiltz is listed by the foundation as executive director.
Hayswood Foundation Inc is led by Lloyd Schiltz, Executive Director on every filing since 2020; 1 of 16 officers listed in 2025 is compensated.
Officers on the 2025 filing
Lloyd Schiltz
Executive Director
On filings since 2020
25 hrs/week
$33K (2020) → $45K (2025)
Adam Hinton
President
Director → President, 2023
On filings since 2020
No compensation reported
Cindy Orme
Director
On filings since 2020
No compensation reported
Kathryn Hendrickson
Director
Director → President, 2022
President → Director, 2023
On filings since 2020
No compensation reported
Rodney Baker
Director
On filings since 2020
No compensation reported
Taylor Wood
Director
Director → Treasurer, 2021
Treasurer → Director, 2023
On filings since 2020
No compensation reported
Pam Stewart
Director
On filings since 2021
No compensation reported
John Combs Buchanan
Director
On filings since 2022
No compensation reported
Lori Ulrich
Director
On filings since 2022
No compensation reported
OWEN McNEILL
Director
On filings since 2022
No compensation reported
Brian Bowling
Director
On filings since 2023
No compensation reported
Janet White
Director
On filings since 2023
No compensation reported
Regina Parker Free
Trustee
New on the 2025 filing
No compensation reported
James Downing
Vice President
Director → Secretary, 2021
Secretary → Vice President, 2023
On filings since 2020
No compensation reported
Robert Canada
Treasurer
Treasurer → Director, 2021
Director → Treasurer, 2023
On filings since 2020
No compensation reported
De'saree Perry
Secretary
On filings since 2023
No compensation reported
Former officers (8)
- Former: Joshua Owens MD (2020–2024) — Director
- Former: Karen Ravencraft (2020–2022) — Vice President
- Former: Michael Clarke (2020–2022) — Director
- Former: Ronald Rice (2020–2022) — Director
- Former: John Hutchings (2020–2021) — President
- Former: Owen Neill (2020–2021) — Director
- Former: Peter Chamness (2020–2021) — Director
- Former: Cj Hunter (2020) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $45K, to Lloyd Schiltz (Executive Direc).
Contact
Application contact: Hayswood Foundation
Mailing address: PO Box 208 135 West Second Street, Maysville, KY 41056
Phone: (606) 563-9333
Website: https://hayswood.org
Frequently asked questions about Hayswood Foundation Inc
How much does Hayswood Foundation Inc give each year?
Hayswood Foundation Inc gave $724K across 28 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $678K across 30 grants.
What is Hayswood Foundation Inc's typical grant size?
Hayswood Foundation Inc's median grant in 2025 was $10,000, and its average grant was $25,856, across 28 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Hayswood Foundation Inc that year got $76K on average.
Where does Hayswood Foundation Inc give grants?
Hayswood Foundation Inc gives mostly in Kentucky: 99% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Maysville, KY (22 grants) and Augusta, KY (2 grants).
Does Hayswood Foundation Inc give general operating support?
Not in 2025: none of the 28 grants with a stated purpose on Hayswood Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Development" (15 grants), "Education" (4 grants) and "Community Health/Welfare" (3 grants).
Who are Hayswood Foundation Inc's largest grantees?
Hayswood Foundation Inc's largest 2025 grantees include Downing Various Scholarship Program ($419,624), Maysville Players ($30,000) and Tom Browning Boys and Girls Club ($30,000), according to its 2025 IRS Form 990-PF. Together they received 66% of its itemized 2025 grant dollars.
How large is Hayswood Foundation Inc?
Hayswood Foundation Inc reported $12.9M in total assets on its 2025 IRS Form 990-PF. It paid out $795K in qualifying distributions that year, against a required minimum of $950K (roughly 5% of its investment assets).
What does Hayswood Foundation Inc fund?
The foundation states that its mission is to improve the lives of citizens in the local communities it serves. Its grants support nonprofit programs and services involving mental or physical health and education; its scholarship programs support local students pursuing higher education. See mission & focus areas ↑
How do I apply for a grant from Hayswood Foundation Inc?
Request application forms and materials by calling the foundation’s office. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hayswood Foundation Inc's EIN?
Hayswood Foundation Inc's EIN (Employer Identification Number) is 23-7345996. 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. Research dossier generated September 2026.
Here's the math on researching Hayswood Foundation Inc by hand.
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