The HRBT Foundation, also known as the Hudson River Bank & Trust Company Foundation, is a private 501(c)(3) philanthropic organization based in Hudson, New York. Established in 1998 and tax-exempt since April 1999, the Foundation focuses on supporting not-for-profit enterprises that engage the larger community through charitable giving and community development initiatives.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$27.4M
+1.8% YoY
Annual Giving
$1.0M
-1.4% YoY
Grant Count
108
+13.7% YoY
Avg Grant Size
$10K
-13.2% YoY
Mission & Focus Areas
The Foundation's mission centers on philanthropic community support for local community goals in Columbia County, New York and surrounding areas. While open to considering any worthy project meeting its basic guidelines, the Foundation concentrates its grant-making in the following areas:
- Health Care
- Community Development
- Education and Youth
- Arts and Culture
- Historic Preservation
- Environmental Protection
- Agriculture and Food Security
The Foundation has historically directed significant portions of grant funds toward the local hospital and community college as anchors of community benefit.
Grantmaking
The Foundation accepts grant applications through its website at hrbtfoundation.com, where applicants can apply for grants and submit grant reports.
Average Grant
amount: $125–$360,000
How to Apply
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Geographic Focus
Where this funder awards grants
The Foundation primarily funds projects in:
- New York (primary focus on Columbia County)
- Massachusetts
- North Carolina
- Kansas
- Rhode Island
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2025:
- Total Assets: $27.4 million
- Total Revenue: $5.42 million
- Total Expenses: $1.35 million
- Total Liabilities: $230,000
As of 2024:
- Total Assets: $26,919,897
- Total Revenue: $2,646,944
- Total Expenses: $1,391,648
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $27,399,794 | $26,919,897 | $21,686,785 |
| Revenue | $5,424,122 | $2,646,944 | $1,224,007 |
| Expenses | $1,346,032 | $1,391,648 | $145,070 |
| Qualifying Distributions | $1,092,416 | $1,093,189 | $642,028 |
| Net Investment Income | $5,060,612 | $2,414,159 | $929,423 |
| Distributable Amount | $1,315,736 | $1,110,751 | $1,066,269 |
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 2025
Grant Size Distribution
239 grants across all recorded years
Open Grants
1 open opportunity from Hrbt Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Carl A. Florio – President
- Tony Jones – Vice President
- Marilyn Herrington – Trustee/Director
- Joseph Phelan – Director
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARILYN HERRINGTON | DIRECTOR | 5 | $7,500 |
| TONY JONES | VICE PRESIDENT | 5 | $7,500 |
| CARL A FLORIO | PRESIDENT | 10 | $10,000 |
| SID RICHTER | TREASURER | 5 | $7,500 |
| KELLY FIRMBACH | MANAGER | 16 | $27,120 |
Recent News & Activity
Recent developments and announcements
The Foundation has demonstrated active grant-making in 2024, with significant commitments to education, historic preservation, and emergency services:
HRBT Foundation Provides Major Grant to Repair and Conserve the Historic\Awarded $500,000 to Columbia-Greene Community College Foundation to expand scholarship and financial aid availability for students in Columbia and Greene Counties, with funds distributed beginning in summer 2024
Press Release: Columbia-Greene Community College Foundation Announces $500,000Provided $25,000 to support the Historic Robert Jenkins House Campaign, a federally-designated historic property on the National Register of Historic Places, for structural repairs including slate roof replacement and masonry work
HRBT Foundation Provides Major Grant to Repair and Conserve the Historic\Granted $25,000 to Greenport Rescue Squad, Inc. to enhance emergency medical services through modern connectivity technology, enabling real-time hospital communication and patient data transmission
Press Release - Greenport Rescue Squad, Inc. Receives Generous $25,000 GrantSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Hrbt Foundation on Grantable?
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