Hearst Family Foundation Inc

Private foundation · Grantmaker North Andover, MA EIN: 88-0657832

Hearst Family Foundation Inc is a private foundation, based in North Andover, MA. IRS filing data is available from 2023 through 2026. As of 2026, the organization holds $332K in total assets. In 2026, it awarded 5 grants totaling $39K. Net investment income was $5K.

Hearst Family Foundation Inc at a glance

In short: Hearst Family Foundation Inc gave $39K across 5 grants in 2026 (avg $8K), mostly in Massachusetts. Source: 2026 IRS Form 990-PF.

Annual giving (2026)
$38,500
+37.5% vs 2025
Grants made (2026)
5
+66.7% vs 2025
Average grant
$7,700
-17.5% vs 2025
Median grant
$2,000
Total assets
$331,823
+33.4% vs 2025
Primary geography
Massachusetts (100% of itemized 2026 grant dollars)
Latest 990 filing
Form 990-PF, 2026 View filing

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

Who Hearst Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2026

Neighbors in Need: $25KNeighbors in Need$25KThe Giving Garden: $10KThe Giving Garden$10KNorth Andover Music Association: $2KNorth Andover MusicAssociation$2KNorth Andover High School Robotics: $1KNorth Andover High SchoolRobotics$1KMerrimack Valley Voices: $500Merrimack Valley Voices$500

The largest 2026 recipient was Neighbors in Need ($25K). Together the top 5 received $39K.

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 11 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2026 grant dollars across all 5 itemized grants.

Cities

North AndoverLawrenceAndover

How Hearst Family Foundation Inc gives

  • In 2026 it paid out 263% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K0 grants2023 3 grants2024 3 grants2025 5 grants2026

From 2024 to 2026, annual grant giving ranged from $28K (2025) to $39K (2026). In 2026 it made 5 grants totaling $39K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Neighbors in Need Lawrence, MAOperating Support$25,000
The Giving Garden North Andover, MAOperating Support$10,000
North Andover Music Association North Andover, MAOperating Support$2,000
North Andover High School Robotics North Andover, MAOperating Support$1,000
Merrimack Valley Voices Andover, MAOperating Support$500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2026$331,823$113,293$43,307$38,5005$38,500$4,540$14,640
2025$248,740$118,231$30,006$28,0003$28,000$5,171$10,021
2024$160,515$107,766$38,298$37,0003$37,000$2,984$8,479
2023$91,047$91,363$316———$917—

Under IRS private-foundation payout rules, Hearst Family Foundation Inc reported a distributable amount of $15K for 2026 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Hearst Family Foundation Inc is led by Harold Terry Hearst Jr., President on every filing since 2023; none of the 3 officers listed in 2026 report compensation.

Officers on the 2026 filing

  • Harold Terry Hearst Jr.

    President

    On filings since 2023

    No compensation reported

  • Harold Terry Hearst III

    Director

    On filings since 2023

    No compensation reported

  • Kimberly Bruewer Hearst

    Treasurer

    On filings since 2023

    No compensation reported

Data from IRS Form 990 filings, 2023–2026. "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 Hearst Family Foundation Inc

How much does Hearst Family Foundation Inc give each year?

Hearst Family Foundation Inc gave $39K across 5 grants in 2026, according to its 2026 IRS Form 990-PF. In 2025 it gave $28K across 3 grants.

What is Hearst Family Foundation Inc's typical grant size?

Hearst Family Foundation Inc's median grant in 2026 was $2,000, and its average grant was $7,700, across 5 grants on its 2026 IRS Form 990-PF.

Where does Hearst Family Foundation Inc give grants?

Hearst Family Foundation Inc gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2026 IRS Form 990-PF went to recipients there. The most frequent recipient cities were North Andover, MA (3 grants).

Does Hearst Family Foundation Inc give general operating support?

Yes: 100% of Hearst Family Foundation Inc's 2026 grants with a stated purpose (5 of 5) were for general or operating support, per its 2026 IRS Form 990-PF.

Who are Hearst Family Foundation Inc's largest grantees?

Hearst Family Foundation Inc's largest 2026 grantees include Neighbors in Need ($25,000), The Giving Garden ($10,000) and North Andover Music Association ($2,000), according to its 2026 IRS Form 990-PF. Together they received 96% of its itemized 2026 grant dollars.

How large is Hearst Family Foundation Inc?

Hearst Family Foundation Inc reported $332K in total assets on its 2026 IRS Form 990-PF. It paid out $39K in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

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 2023–2026.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2026 (received by the IRS August 12, 2026)
  2. IRS filings on file for fiscal years 2023–2025

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Hearst Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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