Horizons Foundation
Horizons Foundation is a private foundation, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.1M in total assets. In 2024, it awarded 1 grants totaling $1.4M. Net investment income was $1.5M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.1M
+8.9% YoY
Annual Giving
$1.4M
+10.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$1.4M
+10.4% YoY
Under IRS private-foundation payout rules, Horizons Foundation reported a distributable amount of $1.4M for 2024 — the minimum it must pay out in qualifying distributions.
About Horizons Foundation
Based on IRS filings
Horizons Foundation is a private foundation, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.1M in total assets. In 2024, it awarded 1 grants totaling $1.4M. Net investment income was $1.5M.
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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 | $29,104,616 | $26,731,973 | $24,016,951 |
| Revenue | $1,726,893 | $1,162,505 | $1,910,806 |
| Expenses | $1,747,776 | $1,531,825 | $1,416,683 |
| Qualifying Distributions | $1,524,427 | $1,385,710 | $1,277,080 |
| Net Investment Income | $1,524,738 | $1,030,534 | $1,795,443 |
| Distributable Amount | $1,388,048 | $1,238,975 | $1,237,960 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants Paid Attachment a ($1,436,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GRANTS PAID ATTACHMENT A SEATTLE, WA | SEE GRANTS PAID ATTACHMENT A | $1,436,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCY J HADAC | DIRECTOR | 2 | — |
| STEPHEN T HADAC | EXEC. DIR.& TREAS.& SECRETARY | 40 | $94,992 |
| KAREN CLARKE HADAC | PRESIDENT & DIRECTOR | 10 | — |
| ROBIN HADAC | DIRECTOR & vice PRESIDENT | 2 | — |
Frequently Asked Questions
How large is Horizons Foundation?
As of 2024, Horizons Foundation holds $29.1M in total assets with $1.7M in annual revenue. It awarded 1 grants totaling $1.4M in 2024.
Where does Horizons Foundation operate?
Horizons Foundation has awarded grants in Washington.
What size grants does Horizons Foundation award?
In 2024, Horizons Foundation awarded 1 grants totaling $1.4M — an average of about $1.4M per grant, based on its IRS Form 990 filings.
How much is Horizons Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Horizons Foundation reported a distributable amount of $1.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Horizons Foundation's EIN?
Horizons Foundation's EIN (Employer Identification Number) is 91-1493424. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Horizons 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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