Hour Glass Foundation
Hour Glass Foundation is a private foundation, based in SHREWSBURY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it made $127 in qualifying distributions. Net investment income was $16K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$205K
+8.8% YoY
Revenue
$19K
+56.2% YoY
Qualifying Distributions
$127
-97.9% YoY
Expenses
$2K
-76.8% YoY
Under IRS private-foundation payout rules, Hour Glass Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
About Hour Glass Foundation
Based on IRS filings
Hour Glass Foundation is a private foundation, based in SHREWSBURY, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it made $127 in qualifying distributions. Net investment income was $16K.
Ready to take the next step with Hour Glass Foundation?
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 | $204,615 | $188,090 | $185,155 |
| Revenue | $18,611 | $11,914 | $14,029 |
| Expenses | $2,086 | $8,979 | $5,335 |
| Qualifying Distributions | $127 | $6,057 | $2,430 |
| Net Investment Income | $16,238 | $5,922 | $5,438 |
| Distributable Amount | $10,251 | $9,388 | $9,436 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS DEFEUDIS | SECRETARY | — | — |
| STEVEN GREENE | TREASURER/DI | — | — |
| DAVID COHEN | DIRECTOR | — | — |
| STUART GLASS | DIRECTOR | — | — |
| ARTHUR ROBBINS | DIRECTOR | — | — |
| PAUL ROBBINS | PRESIDENT | — | — |
| GERALD FINKLE | DIRECTOR | — | — |
| GARY GAFFIN | DIRECTOR | — | — |
| JOFFREY SMITH | DIRECTOR | — | — |
Frequently Asked Questions
How large is Hour Glass Foundation?
As of 2024, Hour Glass Foundation holds $205K in total assets with $19K in annual revenue.
Where does Hour Glass Foundation operate?
Hour Glass Foundation has awarded grants in Massachusetts.
How much is Hour Glass Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hour Glass Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hour Glass Foundation's EIN?
Hour Glass Foundation's EIN (Employer Identification Number) is 04-6130164. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hour Glass 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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