Hecht Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 12 grants totaling $384K. Net investment income was $299K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+49.1% YoY
Annual Giving
$384K
+3.6% YoY
Grant Count
12
+0.0% YoY
Avg Grant Size
$32K
+3.6% YoY
Under IRS private-foundation payout rules, Hecht Foundation Inc reported a distributable amount of $205K for 2024 — the minimum it must pay out in qualifying distributions.
About Hecht Foundation Inc
Based on IRS filings
Hecht Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 12 grants totaling $384K. Net investment income was $299K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,124,126 | $2,094,691 | $2,295,213 |
| Revenue | $365,133 | $226,993 | $246,488 |
| Expenses | $453,502 | $425,501 | $439,041 |
| Qualifying Distributions | $383,500 | $370,000 | $385,500 |
| Net Investment Income | $299,306 | $169,236 | $198,168 |
| Distributable Amount | $204,807 | $131,701 | $145,830 |
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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gchfa Inc ($73,500), Sarasota Concert Band ($50,000), The City University of New York ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CITY UNIVERSITY OF NEW YORK NEW YORK, NY | SUPPORT FOR DAILY OPERATION | $40,000 |
| ALL STARS PROJECT INC NEW YORK, NY | SUPPORT FOR DAILY OPERATION | $30,000 |
| VH1 SAVE THE MUSIC FOUNDATION NEW YORK, NY | SUPPORT FOR DAILY OPERATION | $30,000 |
| GCHFA INC SARASOTA, FL | SUPPORT FOR DAILY OPERATION | $73,500 |
| SARASOTA YOUNG VOICES INCORPORATED SARASOTA, FL | SUPPORT FOR DAILY OPERATION | $15,000 |
| SARASOTA POPS ORCHESTRA INC SARASOTA, FL | SUPPORT FOR DAILY OPERATION | $20,000 |
| FLORIDA WEST COAST SYMPHONY INC SARASOTA, FL | SUPPORT FOR DAILY OPERATION | $40,000 |
| SARASOTA CONCERT BAND SARASOTA, FL | SUPPORT FOR DAILY OPERATION | $50,000 |
| MANATEE EDUCATION FOUNDATION INC BRADENTON, FL | SUPPORT FOR DAILY OPERATION | $30,000 |
| CHABAD LUBAVITCH OF SARASOTA AND SARASOTA, FL | SUPPORT OF DAILY OPERATION | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANNE TAUBER | PRESIDENT | 1 | — |
| TOM MARITTAI | VICE PRESIDENT | 1 | — |
| IRA FOX | SECRETARY | 1 | — |
| IZABELA WDOWIAK-JAZOWNIK | ASSIT SECERTARY | 1 | — |
| VERONICA SIMON | DIRECTOR & TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hecht Foundation Inc?
Hecht Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DETROIT, MI. It holds $3.1M in total assets as of 2024.
How large is Hecht Foundation Inc?
As of 2024, Hecht Foundation Inc holds $3.1M in total assets with $365K in annual revenue. It awarded 12 grants totaling $384K in 2024.
Where does Hecht Foundation Inc operate?
Hecht Foundation Inc has awarded grants in California, Florida, New York.
What size grants does Hecht Foundation Inc award?
In 2024, Hecht Foundation Inc awarded 12 grants totaling $384K — an average of about $32K per grant, based on its IRS Form 990 filings.
How much is Hecht Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hecht Foundation Inc reported a distributable amount of $205K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hecht Foundation Inc's EIN?
Hecht Foundation Inc's EIN (Employer Identification Number) is 31-1652204. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hecht Foundation Inc'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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