HF Foundation Inc is a private grantmaking foundation based in Hartland, Wisconsin, established in December 2017. Operating under the tagline "A Sanctuary for Faith and Family," the organization is a 501(c)(3) entity that focuses on supporting faith-based and family-oriented charitable causes. The foundation maintains limited public visibility and does not accept unsolicited grant applications.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.8M
+20.6% YoY
Annual Giving
$4.5M
-33.5% YoY
Grant Count
20
+11.1% YoY
Avg Grant Size
$224K
-40.2% YoY
Under IRS private-foundation payout rules, HF Foundation Inc reported a distributable amount of $365K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's priorities center on charitable activities aligned with religious values, including:
- Faith-based initiatives and religious organizations
- Educational programs with faith and family focus
- Family support programs
- Charitable activities supporting faith-aligned causes
The foundation does not fund secular or non-faith-aligned programs, nor does it support organizations without explicit faith or family orientations.
Grantmaking
HF Foundation Inc operates as a closed foundation that makes grants exclusively to preselected organizations at the discretion of its leadership. The foundation does not operate public grant programs and does not accept unsolicited grant applications.
Grant Range
approximately $1,000
Average Grant
approximately $1,000
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Geographic Focus
Where this funder awards grants
The foundation funds organizations across multiple U.S. states and cities, with primary focus areas including:
- Wisconsin (particularly regional emphasis)
- Arizona
- Florida
- Illinois
- Minnesota
- New York
- Texas
- Virginia
- Washington, D.C.
Specific cities receiving funding include Chicago, Miami, New York, and Washington.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data:
- Total Assets: $8,922,114 (with 2.6% growth from previous year)
- Total Assets (alternate reporting): $10,759,983
- Annual Revenue: $12,584,897
- Annual Expenses: $6,764,740
- Expense Ratio: 53.8% of total revenue spent on programs
- Total Liabilities: $23,100
The foundation files Form 990-PF returns and maintains paper filing rather than electronic submission, which limits access to detailed financial information through standard nonprofit databases.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,759,983 | $8,922,114 | $4,570,904 |
| Revenue | $7,730,699 | $12,584,897 | $3,810,059 |
| Expenses | $4,495,087 | $6,764,740 | $2,081,684 |
| Qualifying Distributions | $4,474,700 | $6,728,930 | $2,062,730 |
| Net Investment Income | $1,199,338 | $2,266,880 | $790,434 |
| Distributable Amount | $365,479 | $219,851 | $139,744 |
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
76 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Milwaukee Repertory Theater ($2,175,000), Miami City Ballet ($500,000), Twyla Tharp Dance Foundation ($350,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Manhattan Institute for Policy Research New York, NY | Charitable donation 501(c)(3) organization | $100,000 |
| National Navy UDT-SEAL Museum Fort Pierce, FL | Charitable donation 501(c)(3) organization | $50,000 |
| Keystone Church Keller, TX | Charitable donation 501(c)(3) organization | $150,000 |
| University of Wisconsin Foundation Madison, WI | Charitable donation 501(c)(3) organization | $75,000 |
| SecureFutures Milwaukee, WI | Charitable donation 501(c)(3) organization | $100,000 |
| Twyla Tharp Dance Foundation New York, NY | Charitable donation 501(c)(3) organization | $350,000 |
| Midwest Athletes Against Childhood Cancer Inc Milwaukee, WI | Charitable donation 501(c)(3) organization | $100,000 |
| Milwaukee Repertory Theater Milwaukee, WI | Charitable donation 501(c)(3) organization | $2,175,000 |
| After School Matters Chicago, IL | Charitable donation 501(c)(3) organization | $100,000 |
| Aim Higher Foundation Saint Paul, MN | Charitable donation 501(c)(3) organization | $150,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a volunteer executive team without compensation:
- Jay Franke – President
- Kerryann Haase Minton – Vice President
- David Herro – Secretary/Treasurer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAY FRANKE | PRESIDENT | 5 | — |
| KERRYANN HAASE MINTON | VICE PRESIDENT | 2 | — |
| DAVID HERRO | SECRETARY/TREASURER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does HF Foundation Inc fund?
The foundation's priorities center on charitable activities aligned with religious values, including: • Faith-based initiatives and religious organizations • Educational programs with faith and family focus • Family support programs • Charitable activities supporting faith-aligned causes The foundation does not fund secular or non-faith-aligned programs, nor does it support organizations without explicit faith or family orientations.
How do I apply for a grant from HF Foundation Inc?
HF Foundation Inc operates as a closed foundation that makes grants exclusively to preselected organizations at the discretion of its leadership. The foundation does not operate public grant programs and does not accept unsolicited grant applications. **Grant Activity:** • Total giving reported at $4,471,000 (2024) • 18 grants awarded in 2024 • Typical award range: $5,000–$2,800,000 • Average grant size: approximately $1,000 • 5,357 total grants awarded in the previous year • 12% of new applica…
Where does HF Foundation Inc make grants?
The foundation funds organizations across multiple U.S. states and cities, with primary focus areas including: • Wisconsin (particularly regional emphasis) • Arizona • Florida • Illinois • Minnesota • New York • Texas • Virginia • Washington, D.C. Specific cities receiving funding include Chicago, Miami, New York, and Washington.
What size grants does HF Foundation Inc award?
In 2024, HF Foundation Inc awarded 20 grants totaling $4.5M — an average of about $224K per grant, based on its IRS Form 990 filings.
How much is HF Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, HF Foundation Inc reported a distributable amount of $365K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is HF Foundation Inc's EIN?
HF Foundation Inc's EIN (Employer Identification Number) is 82-2519284. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in HF Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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