Howard D Hoyt & Roy E Hoyt Memorial Fund

Private foundation · Grantmaker Dallas, TX EIN: 16-6345364

Howard D Hoyt & Roy E Hoyt Memorial Fund is a private foundation focused on Education, based in Dallas, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $384K in total assets. In 2025, it awarded 2 grants totaling $20K. Net investment income was $33K.

Key facts about Howard D Hoyt & Roy E Hoyt Memorial Fund

In short: Howard D Hoyt & Roy E Hoyt Memorial Fund gave $20K across 2 grants in 2025 (avg $10K), mostly in New York. Source: 2025 IRS Form 990-PF.

EIN
16-6345364
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,042
Grants made (2025)
2
Average grant
$10,021
Median grant
$10,021
Total assets
$383,937
Primary geography
New York (100% 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

$384K

+2.2% YoY

Annual Giving

$20K

+11.7% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$10K

+11.7% YoY

Under IRS private-foundation payout rules, Howard D Hoyt & Roy E Hoyt Memorial Fund reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

How Howard D Hoyt & Roy E Hoyt Memorial Fund gives

  • Giving held roughly steady from 2022 to 2025 (−14%). Method
  • In 2025 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

Ithaca

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2021 to 2025, annual grant giving ranged from $17K (2023) to $23K (2022). In 2025 it made 2 grants totaling $20K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Cornell University: $10KCornell University$10KCayuga Medical Center at Ithaca: $10KCayuga Medical Center atIthaca$10K

The largest 2025 recipient was Cornell University ($10K). Together the top 2 received $20K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Cornell University Ithaca, NYUnrestricted General$10,021
Cayuga Medical Center at Ithaca Ithaca, NYUnrestricted General$10,021

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$383,937$375,639$373,828
Revenue$37,838$13,329$-4,119
Expenses$26,688$23,822$23,764
Qualifying Distributions$22,460$20,155$18,677
Net Investment Income$33,384$8,627$4,918
Distributable Amount$22,601$21,047$19,735

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Howard D Hoyt & Roy E Hoyt Memorial Fund's only listed officer is Bank Of America, Trustee on every filing since 2022 (compensated).

Officers on the 2025 filing

  • Bank Of America

    Trustee

    On filings since 2022

    1 hr/week

    $6K (2022) → $6K (2025)

Former officers (1)
  • Former: Bank Of America N A (2021) — Trustee

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Bank of America — Trustee: $6KBank of AmericaTrustee$6K

The highest reported compensation on the 2025 filing was $6K, to Bank of America (Trustee).

Frequently asked questions about Howard D Hoyt & Roy E Hoyt Memorial Fund

How much does Howard D Hoyt & Roy E Hoyt Memorial Fund give each year?

Howard D Hoyt & Roy E Hoyt Memorial Fund gave $20K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 2 grants.

How large is Howard D Hoyt & Roy E Hoyt Memorial Fund?

Howard D Hoyt & Roy E Hoyt Memorial Fund reported $384K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Howard D Hoyt & Roy E Hoyt Memorial Fund?

Howard D Hoyt & Roy E Hoyt Memorial Fund is a private foundation focused on Education, based in Dallas, TX. It holds $384K in total assets as of 2025.

Where does Howard D Hoyt & Roy E Hoyt Memorial Fund operate?

Howard D Hoyt & Roy E Hoyt Memorial Fund has awarded grants in New York.

What is Howard D Hoyt & Roy E Hoyt Memorial Fund's EIN?

Howard D Hoyt & Roy E Hoyt Memorial Fund's EIN (Employer Identification Number) is 16-6345364. IRS Form 990 filing data is available on this page for 2021–2025.

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

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