Hester Family Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 88-4350044

Hester Family Foundation is a private foundation, based in Wilmington, DE. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $5.7M in total assets. In 2025, it awarded 3 grants totaling $600K. Net investment income was $197K.

Key facts about Hester Family Foundation

In short: Hester Family Foundation gave $600K across 3 grants in 2025 (avg $200K), top state Nevada. Source: 2025 IRS Form 990-PF.

EIN
88-4350044
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$600,000
Grants made (2025)
3
Average grant
$200,000
Median grant
$200,000
Total assets
$5,743,090
Primary geography
Nevada (33% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.7M

-6.8% YoY

Annual Giving

$600K

-54.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$200K

-54.0% YoY

Under IRS private-foundation payout rules, Hester Family Foundation reported a distributable amount of $311K for 2025 — the minimum it must pay out in qualifying distributions.

How Hester Family Foundation gives

  • Giving fell 45% from 2022 to 2025. Method
  • In 2025 it paid out 201% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of all 3 itemized 2025 grant dollars.

Cities

New YorkRenoHonoluluIncline VillageStanfordCosta MesaKahuluiSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M2 grants20228 grants20233 grants20243 grants2025

From 2022 to 2025, annual grant giving ranged from $320K (2023) to $1.3M (2024). In 2025 it made 3 grants totaling $600K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Sage Ridge School: $200KSage Ridge School$200KStanford University: $200KStanford University$200KThe Joe Torre Safe at Home Foundation: $200KThe Joe Torre Safe at HomeFoundation$200K

The largest 2025 recipient was Sage Ridge School ($200K). Together the top 3 received $600K.

Grant Size Distribution

16 grants across all recorded years

6<$50K1$50–100K7$100–250K$250–500K$500K–1M2$1–5M$5M+

The most common grant size was in the $100–250K range: 7 grants of 16 (44%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Sage Ridge School Reno, NVEducational$200,000
Stanford University Stanford, CAEducational$200,000
The Joe Torre Safe at Home Foundation New York, NYHealing Services and Education$200,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2022202320242025
Metric202520242023
Total Assets$5,743,090$6,159,576$7,221,483
Revenue$243,638$321,946$407,693
Expenses$660,124$1,383,853$377,420
Qualifying Distributions$625,438$1,331,164$322,931
Net Investment Income$196,927$273,043$390,769
Distributable Amount$311,411$364,419$353,343

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS September 25, 2024)
  3. Updated Form 990-PF for fiscal year 2024 (received by the IRS June 3, 2025)
  4. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  5. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Hester Family Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Frank Burkhead Wyatt II

    Director

    On filings since 2022

    No compensation reported

  • Rachel Anne Hester

    Director

    On filings since 2023

    No compensation reported

  • Walter F. Hester III

    Director

    On filings since 2023

    No compensation reported

Former officers (2)
  • Former: Rachel Anne Hamilton (2022) — Director
  • Former: Watler F. Hester III (2022) — Director

Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hester Family Foundation

How much does Hester Family Foundation give each year?

Hester Family Foundation gave $600K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 3 grants.

What is Hester Family Foundation's typical grant size?

Hester Family Foundation's median grant in 2025 was $200,000, and its average grant was $200,000, across 3 grants on its 2025 IRS Form 990-PF.

Where does Hester Family Foundation give grants?

Hester Family Foundation's top state is Nevada, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were California (33%) and New York (33%).

Does Hester Family Foundation give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on Hester Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.

How large is Hester Family Foundation?

Hester Family Foundation reported $5.7M in total assets on its 2025 IRS Form 990-PF. It paid out $625K in qualifying distributions that year, against a required minimum of $311K (roughly 5% of its investment assets).

What is Hester Family Foundation's EIN?

Hester Family Foundation's EIN (Employer Identification Number) is 88-4350044. IRS Form 990 filing data is available on this page for 2022–2025.

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

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