Hearts 4 Henry is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 14 grants totaling $64K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16K
-31.9% YoY
Annual Giving
$64K
+5.8% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$5K
-9.3% YoY
Under IRS private-foundation payout rules, Hearts 4 Henry reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
About Hearts 4 Henry
Based on IRS filings
Hearts 4 Henry is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $16K in total assets. In 2024, it awarded 14 grants totaling $64K.
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 | $15,854 | $23,283 | $20,493 |
| Revenue | $179,931 | $203,567 | $110,059 |
| Expenses | $187,360 | $200,777 | $109,279 |
| Qualifying Distributions | $63,500 | $60,000 | $42,000 |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,238 | $1,711 | $1,261 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Christina Laughlin ($5,000), Marsha Ashley ($4,500), Ashley Scheffknecht ($4,500).
| Recipient | Purpose | Amount |
|---|---|---|
| MARSHA ASHLEY MILWAUKEE, WI | DONATION | $4,500 |
| ASHLEY SCHEFFKNECHT BLAINE, MN | DONATION | $4,500 |
| CASSANDRA LEBAR ALEXANDRIA, MN | DONATION | $4,500 |
| GABRIELLE DOLGNERR SHEBOYGAN, WI | DONATION | $4,500 |
| DANIELLE EDWARDS KENOSHA, WI | DONATION | $4,500 |
| LARA KOZAK HOFFMAN ESTATES, IL | DONATION | $4,500 |
| MACKENZIE TROST WAUKESHA, WI | DONATION | $4,500 |
| KELSEY LEON JUNEAU, AR | DONATION | $4,500 |
| ALYSIA PIETRANGELO GREEN BAY, WI | DONATION | $4,500 |
| CHRISTINA LAUGHLIN NEW RICHMOND, WI | DONATION | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HAILEY WITZEL | PRESIDENT | 1 | — |
| BARRET WITZEL | SECRETARY | 1 | — |
| JENNIFER BONER | CO-PRESIDENT | 1 | — |
| GREG BONER | DIRECTOR | 1 | — |
| JENNIFER SCHMITT | DIRECTOR | 1 | — |
| CHRIS SCHMITT | DIRECTOR | 1 | — |
| PAIGE BONER | DIRECTOR | 1 | — |
| MADISON SCHMITT | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hearts 4 Henry?
Hearts 4 Henry is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE ELMO, MN. It holds $16K in total assets as of 2024.
How large is Hearts 4 Henry?
As of 2024, Hearts 4 Henry holds $16K in total assets with $180K in annual revenue. It awarded 14 grants totaling $64K in 2024.
Where does Hearts 4 Henry operate?
Hearts 4 Henry has awarded grants in Arkansas, California, Illinois, Minnesota, North Dakota, Texas, Wisconsin.
What size grants does Hearts 4 Henry award?
In 2024, Hearts 4 Henry awarded 14 grants totaling $64K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Hearts 4 Henry required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hearts 4 Henry reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hearts 4 Henry's EIN?
Hearts 4 Henry's EIN (Employer Identification Number) is 86-2594816. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Hearts 4 Henry'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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