Hayswood Foundation Inc logo

Hayswood Foundation Inc

Private foundation · Grantmaker Maysville, KY EIN: 23-7345996 Website

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

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

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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

2states

Share of all 28 itemized 2025 grant dollars.

States

Cities

MaysvilleAugustaBrooksvilleLouisvilleManchesterRipleyFlemingsburgGeorgetown

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K21 grants202021 grants202120 grants202228 grants202330 grants202428 grants2025

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

Downing Various Scholarship Program: $420KDowning Various ScholarshipProgram$420KMaysville Players: $30KMaysville Players$30KTom Browning Boys and Girls Club: $30KTom Browning Boys and GirlsClub$30KMaysville Initiatives: $30KMaysville Initiatives$30KKY Gateway Museum Center: $30KKY Gateway Museum Center$30KMcNeill Performance Series: $18KMcNeill Performance Series$18KCASA Program: $16KCASA Program$16KLimestone Family YMCA: $15KLimestone Family YMCA$15KSt Patrick School: $13KSt Patrick School$13KWald Park Inc: $13KWald Park Inc$13K

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

120<$50K1$50–100K1$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 120 grants of 127 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Downing Various Scholarship Program Maysville, KYEducation$419,624
Maysville Players Maysville, KYCommunity Activities$30,000
Tom Browning Boys and Girls Club Maysville, KYYouth Recreation$30,000
Maysville Initiatives Maysville, KYCommunity Development$30,000
KY Gateway Museum Center Maysville, KYEducation$30,000
McNeill Performance Series Maysville, KYCommunity Development$18,323
CASA Program Maysville, KYProtection of Youth$15,500
Limestone Family YMCA Maysville, KYCommunity Development$15,000
St Patrick School Maysville, KYEducation$13,000
Wald Park Inc Maysville, KYCommunity 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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M202020212022202320242025
Metric202520242023
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

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS June 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 10, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 7, 2026)
  7. 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

Lloyd Schiltz — Executive Direc: $45KLloyd SchiltzExecutive Direc$45K

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.

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