Hearn Family Foundation

Private foundation · Grantmaker New York, NY EIN: 92-1404675

Hearn Family Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $6.8M in total assets. In 2024, it awarded 4 grants totaling $338K. Net investment income was $2K.

Key facts about Hearn Family Foundation

In short: Hearn Family Foundation gave $338K across 4 grants in 2024 (avg $85K), mostly in New York. Source: 2024 IRS Form 990-PF.

EIN
92-1404675
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$338,000
Grants made (2024)
4
Average grant
$84,500
Median grant
$53,500
Total assets
$6,769,216
Primary geography
New York (68% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.8M

+59.8% YoY

Annual Giving

$338K

+114.6% YoY

Grant Count

4

-33.3% YoY

Avg Grant Size

$85K

+221.9% YoY

Under IRS private-foundation payout rules, Hearn Family Foundation reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.

How Hearn Family Foundation gives

  • In 2024 it paid out well above 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

4states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

New YorkBostonChicagoHempsteadMontereyWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2022 6 grants2023 4 grants2024

From 2023 to 2024, annual grant giving ranged from $158K (2023) to $338K (2024). In 2024 it made 4 grants totaling $338K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Metropolitan Museum of Art: $231KMetropolitan Museum of Art$231KArt Institute of Chicago: $97KArt Institute of Chicago$97KBoston Symphony Orchestra: $10KBoston Symphony Orchestra$10KThe Inn: $500The Inn$500

The largest 2024 recipient was Metropolitan Museum of Art ($231K). Together the top 4 received $338K.

Grant Size Distribution

10 grants across all recorded years

6<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 6 grants of 10 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Metropolitan Museum of Art New York, NYGeneral operating support for european sculpture & decorative arts specific acquisitions fund and paper conservation department.$230,500
Art Institute of Chicago Chicago, ILGeneral operating support for department of prints and drawings.$97,000
Boston Symphony Orchestra Boston, MAGeneral Operating Support for Tanglewood Annual Fund.$10,000
The Inn Hempstead, NYGeneral Operating Support for the 2024 Luncheon Events.$500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2022 2023 2024
Metric202420232022
Total Assets$6,769,216$4,236,890—
Revenue$2,925,453$4,279,004—
Expenses$359,115$178,164—
Qualifying Distributions$355,271$166,817—
Net Investment Income$1,609$60,807—
Distributable Amount$18,388$39,442—

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Hearn Family Foundation is led by Charles Hack, President on every filing since 2022; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Charles Hack

    President

    On filings since 2022

    No compensation reported

  • Jeryl Oristaglio

    Director

    On filings since 2022

    No compensation reported

  • Stephen Oristaglio

    Director

    On filings since 2022

    No compensation reported

  • Angella Hearn

    Secretary

    On filings since 2022

    No compensation reported

  • Richard Tropp

    Treasurer

    On filings since 2022

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 Hearn Family Foundation

How much does Hearn Family Foundation give each year?

Hearn Family Foundation gave $338K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $158K across 6 grants.

What is Hearn Family Foundation's typical grant size?

Hearn Family Foundation's median grant in 2024 was $53,500, and its average grant was $84,500, across 4 grants on its 2024 IRS Form 990-PF.

Where does Hearn Family Foundation give grants?

Hearn Family Foundation gives mostly in New York: 68% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Illinois (29%).

Does Hearn Family Foundation give general operating support?

Yes: 100% of Hearn Family Foundation's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990-PF.

How large is Hearn Family Foundation?

Hearn Family Foundation reported $6.8M in total assets on its 2024 IRS Form 990-PF. It paid out $355K in qualifying distributions that year, against a required minimum of $18K (roughly 5% of its investment assets).

What is Hearn Family Foundation's EIN?

Hearn Family Foundation's EIN (Employer Identification Number) is 92-1404675. IRS Form 990 filing data is available on this page for 2022–2024.

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

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