Hearn Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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.
About Hearn Family Foundation
Based on IRS filings
Hearn Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Metropolitan Museum of Art ($230,500), Art Institute of Chicago ($97,000), Boston Symphony Orchestra ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ART INSTITUTE OF CHICAGO CHICAGO, IL | GENERAL OPERATING SUPPORT FOR DEPARTMENT OF PRINTS AND DRAWINGS. | $97,000 |
| BOSTON SYMPHONY ORCHESTRA BOSTON, MA | GENERAL OPERATING SUPPORT FOR TANGLEWOOD ANNUAL FUND. | $10,000 |
| METROPOLITAN MUSEUM OF ART NEW YORK, NY | GENERAL OPERATING SUPPORT FOR EUROPEAN SCULPTURE & DECORATIVE ARTS SPECIFIC ACQUISITIONS FUND AND PAPER CONSERVATION DEPARTMENT. | $230,500 |
| THE INN HEMPSTEAD, NY | GENERAL OPERATING SUPPORT FOR THE 2024 LUNCHEON EVENTS. | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES HACK | PRESIDENT | — | — |
| ANGELLA HEARN | SECRETARY | — | — |
| RICHARD TROPP | TREASURER | — | — |
| JERYL ORISTAGLIO | DIRECTOR | — | — |
| STEPHEN ORISTAGLIO | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hearn Family Foundation?
Hearn Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $6.8M in total assets as of 2024.
How large is Hearn Family Foundation?
As of 2024, Hearn Family Foundation holds $6.8M in total assets with $2.9M in annual revenue. It awarded 4 grants totaling $338K in 2024.
Where does Hearn Family Foundation operate?
Hearn Family Foundation has awarded grants in District of Columbia, Illinois, Massachusetts, New York.
What size grants does Hearn Family Foundation award?
In 2024, Hearn Family Foundation awarded 4 grants totaling $338K — an average of about $85K per grant, based on its IRS Form 990 filings.
How much is Hearn Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hearn Family Foundation reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Hearn Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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