Hearst Family Foundation Inc
Hearst Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $249K in total assets. In 2025, it awarded 3 grants totaling $28K. Net investment income was $5K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$249K
+55.0% YoY
Annual Giving
$28K
-24.3% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$9K
-24.3% YoY
Under IRS private-foundation payout rules, Hearst Family Foundation Inc reported a distributable amount of $10K for 2025 — the minimum it must pay out in qualifying distributions.
About Hearst Family Foundation Inc
Based on IRS filings
Hearst Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $249K in total assets. In 2025, it awarded 3 grants totaling $28K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $248,740 | $160,515 | $91,047 |
| Revenue | $118,231 | $107,766 | $91,363 |
| Expenses | $30,006 | $38,298 | $316 |
| Qualifying Distributions | $28,000 | $37,000 | — |
| Net Investment Income | $5,171 | $2,984 | $917 |
| Distributable Amount | $10,021 | $8,479 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Neighbors in Need ($25,000), North Andover Music Association ($2,000), North Andover High School Robotics ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEIGHBORS IN NEED LAWRENCE, MA | OPERATING SUPPORT | $25,000 |
| NORTH ANDOVER MUSIC ASSOCIATION NORTH ANDOVER, MA | OPERATING SUPPORT | $2,000 |
| NORTH ANDOVER HIGH SCHOOL ROBOTICS NORTH ANDOVER, MA | OPERATING SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HAROLD TERRY HEARST JR | PRESIDENT | — | — |
| KIMBERLY BRUEWER HEARST | TREASURER/CL | — | — |
| HAROLD TERRY HEARST III | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hearst Family Foundation Inc?
Hearst Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NORTH ANDOVER, MA. It holds $249K in total assets as of 2025.
How large is Hearst Family Foundation Inc?
As of 2025, Hearst Family Foundation Inc holds $249K in total assets with $118K in annual revenue. It awarded 3 grants totaling $28K in 2025.
Where does Hearst Family Foundation Inc operate?
Hearst Family Foundation Inc has awarded grants in Massachusetts.
What size grants does Hearst Family Foundation Inc award?
In 2025, Hearst Family Foundation Inc awarded 3 grants totaling $28K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Hearst Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Hearst Family Foundation Inc reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hearst Family Foundation Inc's EIN?
Hearst Family Foundation Inc's EIN (Employer Identification Number) is 88-0657832. IRS Form 990 filing data is available on this page for 2023–2025.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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