Hecht Family Charitable Foundation
Hecht Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLENTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 10 grants totaling $261K. Net investment income was $216K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
+2.6% YoY
Annual Giving
$261K
+28.0% YoY
Grant Count
10
+0.0% YoY
Avg Grant Size
$26K
+28.0% YoY
Under IRS private-foundation payout rules, Hecht Family Charitable Foundation reported a distributable amount of $194K for 2024 — the minimum it must pay out in qualifying distributions.
About Hecht Family Charitable Foundation
Based on IRS filings
Hecht Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLENTOWN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 10 grants totaling $261K. Net investment income was $216K.
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 | $3,959,089 | $3,858,050 | $3,946,902 |
| Revenue | $1,065,274 | $152,192 | $106,517 |
| Expenses | $284,956 | $241,044 | $310,689 |
| Qualifying Distributions | $260,500 | $204,040 | $214,085 |
| Net Investment Income | $215,691 | $115,423 | $61,179 |
| Distributable Amount | $194,012 | $206,109 | $216,228 |
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
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include United Way of the Greater Lehigh Valley ($100,000), Allentown Symphony Association ($50,000), Lehigh Valley Health Network ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLENTOWN SYMPHONY ASSOCIATION ALLENTOWN, PA | SUPPORT FOR OUTREACH PROGRAMS TO AREA STUDENTS | $50,000 |
| BOY SCOUTS OF AMERICA - JERSEY SHORE COUNCIL TOMS RIVER, NJ | GENERAL SUPPORT | $500 |
| DELAWARE VALLEY UNIVERSITY DOYLESTOWN, PA | SUPPORT TO ESTABLISH AN ENDOWED SCHOLARSHIP | $5,000 |
| EAST GRANBY CONGREGATIONAL CHURCH EAST GRANBY, CT | GENERAL SUPPORT TO RELIGIOUS ORGANIZATION | $5,000 |
| EAST GRANBY PUBLIC LIBRARY EAST GRANBY, CT | GENERAL SUPPORT TO LIBRARY | $5,000 |
| FARMINGTON VALLEY YMCA GRANBY, CT | SUPPORT FOR "STRONG KIDS ANNUAL FUND" PROGRAM | $15,000 |
| LEHIGH VALLEY HEALTH NETWORK ALLENTOWN, PA | GENERAL SUPPORT TO HEALTHCARE FACILITY | $50,000 |
| ROWAN UNIVERSITY FOUNDATION GLASSBORO, NJ | GENERAL SUPPORT TO EDUCATIONAL INSTITUTION | $20,000 |
| THE HILL SCHOOL POTTSTOWN, PA | GENERAL SUPPORT TO EDUCATIONAL INSTITUTION | $10,000 |
| UNITED WAY OF THE GREATER LEHIGH VALLEY ALLENTOWN, PA | GENERAL SUPPORT OF SEVERAL LOCAL COMMUNITY PROGRAMS | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM F HECHT | DIRECTOR AND CHAIR | 0.5 | — |
| MARGARET D HECHT | DIRECTOR AND PRESIDENT | 0.4 | — |
| GREGORY B HECHT | DIRECTOR AND TREASURER | 0.4 | — |
| MICHAEL G HECHT | DIRECTOR AND SECRETARY | 0.4 | — |
| KIMBERLY HECHT | DIRECTOR | 0.4 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hecht Family Charitable Foundation?
Hecht Family Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALLENTOWN, PA. It holds $4.0M in total assets as of 2024.
How large is Hecht Family Charitable Foundation?
As of 2024, Hecht Family Charitable Foundation holds $4.0M in total assets with $1.1M in annual revenue. It awarded 10 grants totaling $261K in 2024.
Where does Hecht Family Charitable Foundation operate?
Hecht Family Charitable Foundation has awarded grants in Connecticut, New Jersey, Pennsylvania.
What size grants does Hecht Family Charitable Foundation award?
In 2024, Hecht Family Charitable Foundation awarded 10 grants totaling $261K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Hecht Family Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hecht Family Charitable Foundation reported a distributable amount of $194K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hecht Family Charitable Foundation's EIN?
Hecht Family Charitable Foundation's EIN (Employer Identification Number) is 20-3958008. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hecht Family Charitable Foundation'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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