Hearts for Giving Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABINGDON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $6K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$96K
-0.2% YoY
Annual Giving
$16K
+16.4% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$4K
+16.4% YoY
Under IRS private-foundation payout rules, Hearts for Giving Foundation reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Hearts for Giving Foundation
Based on IRS filings
Hearts for Giving Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABINGDON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $96K in total assets. In 2024, it awarded 4 grants totaling $16K. Net investment income was $6K.
Focus Areas
Ready to take the next step with Hearts for Giving Foundation?
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 | $96,075 | $96,273 | $96,518 |
| Revenue | $15,810 | $14,505 | $6,821 |
| Expenses | $16,700 | $14,680 | $13,050 |
| Qualifying Distributions | $16,300 | $14,000 | $12,700 |
| Net Investment Income | $6,010 | $5,505 | $5,050 |
| Distributable Amount | $14,398 | $13,354 | $12,215 |
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
20 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cornerstone Christian Academy ($10,000), Woodland Hills Christian Church ($2,500), United Methodist Foundation ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CORNERSTONE CHRISTIAN ACADEMY ABINGDON, VA | GENERAL GIFT | $10,000 |
| WOODLAND HILLS CHRISTIAN CHURCH ABINGDON, VA | GENERAL GIFT | $2,500 |
| HOLSTON UNITED METHODIST HOME GREENVILLE, TN | GENERAL GIFT | $1,800 |
| UNITED METHODIST FOUNDATION ALCOA, TN | GENERAL GIFT | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM HAYTER | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hearts for Giving Foundation?
Hearts for Giving Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ABINGDON, VA. It holds $96K in total assets as of 2024.
How large is Hearts for Giving Foundation?
As of 2024, Hearts for Giving Foundation holds $96K in total assets with $16K in annual revenue. It awarded 4 grants totaling $16K in 2024.
Where does Hearts for Giving Foundation operate?
Hearts for Giving Foundation has awarded grants in Tennessee, Virginia.
What size grants does Hearts for Giving Foundation award?
In 2024, Hearts for Giving Foundation awarded 4 grants totaling $16K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Hearts for Giving Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hearts for Giving Foundation reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hearts for Giving Foundation's EIN?
Hearts for Giving Foundation's EIN (Employer Identification Number) is 27-1858000. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hearts for Giving Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Wolf Family Charitable Trust
OAKTON, VA
Assets
$385K
Grants
5
Total Given
$189K
Stone Ridge Foundation
ALTAVISTA, VA
Assets
$6.4M
Grants
2
Total Given
$15K
Lawrence and Ira Straus Charitable Tr
ARLINGTON, VA
Assets
$236K
Grants
12
Total Given
$8K
Iraqi Children Foundation Inc
FAIRFAX, VA
Assets
$101K
Grants
2
Total Given
$610K
Heartfelt Humans
ASHBURN, VA
Assets
—
Grants
0
Total Given
—
Krumbein Charities Inc
RICHMOND, VA
Assets
$440K
Grants
14
Total Given
$34K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Hearts for Giving Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Hearts for Giving Foundation to a real strategy.