Humani Foundation Inc

Private foundation · Grantmaker Belmont, MA EIN: 87-2442440

Humani Foundation Inc is a private foundation, based in Belmont, MA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 9 grants totaling $2.4M. Net investment income was $109K.

Humani Foundation Inc at a glance

In short: Humani Foundation Inc gave $2.4M across 9 grants in 2024 (avg $262K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,360,000
+1158.7% vs 2023
Grants made (2024)
9
+800.0% vs 2023
Average grant
$262,222
+39.9% vs 2023
Median grant
$250,000
Total assets
$3,868,265
-18.4% vs 2023
Primary geography
Massachusetts (56% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Humani Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Mass Audubon: $1.0MMass Audubon$1.0MHeroic Hearts Project: $500KHeroic Hearts Project$500KProhuman Foundation Inc: $250KProhuman Foundation Inc$250KFoundation Against Intolerance and Racism Inc: $250KFoundation Against Intoleranceand Racism Inc$250KAcera School: $250KAcera School$250KHumanist Chaplaincy at Harvard & MIT (50TH Celebration Event ): $50KHumanist Chaplaincy at Harvard& MIT (50TH Celebration Event…$50KBoys and Girls Club of Greater Lowel: $25KBoys and Girls Club of GreaterLowel$25KCulture Trust of Greater Philadelphia: $20KCulture Trust of GreaterPhiladelphia$20KTiny Seed Project Inc: $15KTiny Seed Project Inc$15K

The largest 2024 recipient was Mass Audubon ($1.0M). Together the top 9 received $2.4M.

Grant Size Distribution

10 grants across all recorded years

3<$50K1$50–100K1$100–250K3$250–500K1$500K–1M1$1–5M$5M+

The most common grant size was under $50K: 3 grants of 10 (30%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

MiamiNew York CityCambridgeEast HardwickLincolnLowellPhiladelphiaWinchester

How Humani Foundation Inc gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M0 grants2021 0 grants2022 1 grant2023 9 grants2024

From 2023 to 2024, annual grant giving ranged from $188K (2023) to $2.4M (2024). In 2024 it made 9 grants totaling $2.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Mass Audubon Lincoln, MAGeneral Operating Support$1,000,000
Heroic Hearts Project New York City, NYGeneral Operating Support$500,000
Prohuman Foundation Inc Miami, FLGeneral Operating Support$250,000
Foundation Against Intolerance and Racism Inc New York City, NYGeneral Operating Support$250,000
Acera School Winchester, MAGeneral Operating Support$250,000
Humanist Chaplaincy at Harvard & MIT (50TH Celebration Event ) Cambridge, MAGeneral Operating Support$50,000
Boys and Girls Club of Greater Lowel Lowell, MAGeneral Operating Support$25,000
Culture Trust of Greater Philadelphia Philadelphia, PAGeneral Operating Support$20,000
Tiny Seed Project Inc East Hardwick, VTGeneral Operating Support$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$3,868,265$1,516,862$2,393,589$2,360,0009$2,360,000$108,667$228,993
2023$4,742,587$4,943,742$201,155$187,5001$187,500—$242,530

Under IRS private-foundation payout rules, Humani Foundation Inc reported a distributable amount of $229K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Humani Foundation Inc is led by Inger Kirsten Waerstad, President on every filing since 2021; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Inger Kirsten Waerstad

    President

    On filings since 2021

    No compensation reported

  • Dharmesh Shah

    Treasurer

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Humani Foundation Inc

How much does Humani Foundation Inc give each year?

Humani Foundation Inc gave $2.4M across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $188K across 1 grant.

What is Humani Foundation Inc's typical grant size?

Humani Foundation Inc's median grant in 2024 was $250,000, and its average grant was $262,222, across 9 grants on its 2024 IRS Form 990-PF.

Where does Humani Foundation Inc give grants?

Humani Foundation Inc gives mostly in Massachusetts: 56% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New York (32%) and Florida (11%). The most frequent recipient cities were New York City, NY (2 grants).

Does Humani Foundation Inc give general operating support?

Yes: 100% of Humani Foundation Inc's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Humani Foundation Inc's largest grantees?

Humani Foundation Inc's largest 2024 grantees include Mass Audubon ($1,000,000), Heroic Hearts Project ($500,000) and Prohuman Foundation Inc ($250,000), according to its 2024 IRS Form 990-PF. Together they received 74% of its itemized 2024 grant dollars.

How large is Humani Foundation Inc?

Humani Foundation Inc reported $3.9M in total assets on its 2024 IRS Form 990-PF. It paid out $2.4M in qualifying distributions that year, against a required minimum of $229K (roughly 5% of its investment assets).

What is Humani Foundation Inc's EIN?

Humani Foundation Inc's EIN (Employer Identification Number) is 87-2442440. IRS Form 990 filing data is available on this page for 2021–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Humani Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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