Hearthstone Housing Foundation logo

Hearthstone Housing Foundation

Public charity · Grantmaker Newport Beach, CA EIN: 33-0651131 Website

Hearthstone Housing Foundation is dedicated to providing service-enriched affordable housing for families of low income, the elderly and the disabled. Hearthstones charter also includes combating community deterioration to lessen the burdens of government. Our Mission is carried out by:-Partnering with private developers to build quality housing in areas of need-Coordinating property management and supportive services to promote self-sufficiency and independence for residents-Leveraging funds to increase the availability of affordable housing-Advocating on behalf of low income seniors, families and the disabled-Providing support for programs which promote the development of affordable housing-Offering academic scholarships to our residents and surrounding communities.Our Vision:Our vision is for all people to enjoy quality affordable housing regardless of their age or income, and that all persons have access to necessary services in order to maintain a self-sufficient and independent l

Hearthstone Housing Foundation at a glance

In short: Hearthstone Housing Foundation gave $10K across 1 grant in 2024 (avg $10K), mostly in California. Source: 2024 IRS Form 990.

Annual giving (2024)
$10,000
Grants made (2024)
1
Average grant
$10,000
Median grant
$10,000
Total assets
$45,598,531
-4.7% vs 2023
Primary geography
California (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

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

Who Hearthstone Housing Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

LArche Wavecrest: $10KLArche Wavecrest$10K

The largest 2024 recipient was LArche Wavecrest ($10K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Orange

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
LArche Wavecrest Orange, CAadult residential facility$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$45,598,531$2,221,955$1,650,474$10,0001$27,043
2023$47,833,370$1,965,005$1,480,437——$27,819
2022$35,949,184$2,071,644$1,430,876——$196,251
2021$17,283,954$2,067,096$1,510,201——$22,482
2020$18,816,841$2,634,479$1,455,992——$706,205

About Hearthstone Housing Foundation

Based on IRS filings

Hearthstone Housing Foundation is a public charity, based in Newport Beach, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $45.6M in total assets. In 2024, it awarded 1 grant totaling $10K. Net investment income was $27K.

Leadership & Key People

Officers and directors from IRS filings

Hearthstone Housing Foundation is led by Socorro Vasquez, President on every filing since 2020; all 5 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Socorro Vasquez

    President

    On filings since 2020

    60 hrs/week

    $387K (2020) → $448K (2024)

  • Michael Hemmens

    Director

    On filings since 2020

    0.3 hrs/week

    $4K (2020) → $10K (2024)

  • Ted E. Bean

    Director

    On filings since 2020

    0.3 hrs/week

    $4K (2020) → $10K (2024)

  • Juan Maldonado

    Treasurer & Secretary

    Treasurer & Vice President → Treasurer & Secretary, 2023

    On filings since 2020

    0.3 hrs/week

    $4K (2020) → $15K (2024)

  • Victor Wu

    Vice President

    Secretary & Director → Vice President, 2023

    On filings since 2020

    0.3 hrs/week

    $4K (2020) → $10K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Socorro Vasquez — President: $448KSocorro VasquezPresident$448KJuan Maldonado — Treasurer & sec: $15KJuan MaldonadoTreasurer & sec$15KVictor Wu — Vice President: $10KVictor WuVice President$10KMichael Hemmens — Director: $10KMichael HemmensDirector$10KTed E Bean — Director: $10KTed E BeanDirector$10K

The highest reported compensation on the 2024 filing was $448K, to Socorro Vasquez (President). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Hearthstone Housing Foundation

How much does Hearthstone Housing Foundation give each year?

Hearthstone Housing Foundation gave $10K across 1 grant in 2024, according to its 2024 IRS Form 990.

How large is Hearthstone Housing Foundation?

Hearthstone Housing Foundation reported $45.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.2M.

Where does Hearthstone Housing Foundation operate?

Hearthstone Housing Foundation has awarded grants in California.

What is Hearthstone Housing Foundation's EIN?

Hearthstone Housing Foundation's EIN (Employer Identification Number) is 33-0651131. IRS Form 990 filing data is available on this page for 2020–2024.

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

Data update history

(2)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS September 30, 2025)
  2. IRS filings on file for fiscal years 2020–2024

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

Figures come from Hearthstone Housing Foundation'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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