Hummel Family Foundation
The Hummel Family Foundation is a private foundation established in 2015 by Dr. Robert C. Hummel, co-founder of Great Plains Chemical Company/Animal Health International, and his wife Carole. The foundation was created following the sale of their company, guided by a "pay it forward" philosophy focused on higher education. Dr. Hummel, who graduated from Ohio State's College of Veterinary Medicine in 1961, and Carole, who graduated from Ohio State's dental hygiene program in 1958, designed the foundation to provide substantial scholarship opportunities to qualified students who may otherwise be unable to attend university on a full-time basis. Following Dr. Hummel's passing in October 2020, the foundation is now managed by their children, Rob and Jennifer Hummel, alongside Carole.
Key facts about Hummel Family Foundation
- EIN
- 47-4921414
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $5,200,000
- Grants made (2024)
- 19
- Average grant
- $273,684
- Median grant
- $85,000
- New grantees (estimate)
- 0% first-time grantees (0 of 17, 2024)
- Total assets
- $84,891,777
- Primary geography
- Colorado (51% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation does not accept unsolicited applications. Full details ↓
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hummel Family Foundation funds
By grant dollars, the top recipient states for Hummel Family Foundation's 19 itemized 2024 grants were Colorado (51%), Missouri (25%) and Ohio (16%). The most frequent recipient cities were Greeley, CO (4 grants), Kansas City, MO (3 grants), Columbus, OH (2 grants) and Fort Collins, CO (2 grants). 68% of grants with a stated purpose were for general or operating support. Recurring purposes include "Scholarships" (6 grants).
Is Hummel Family Foundation open to new grantees?
0%
first-time grantees, 2024
In 2024, 0 of 17 grantees (0%) were first-time recipients. How we count
- 100% of 2024 grantees were also funded in 2023. Method
- Giving grew 62% from 2021 to 2024. Method
- In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Hummel Family Foundation
- How to evaluate Hummel Family Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$84.9M
+6.2% YoY
Annual Giving
$5.2M
+3.4% YoY
Grant Count
19
-13.6% YoY
Avg Grant Size
$274K
+19.7% YoY
Under IRS private-foundation payout rules, Hummel Family Foundation reported a distributable amount of $5.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission centers exclusively on providing higher education scholarships. The primary funding focus is education, with particular emphasis on supporting students pursuing university degrees at partnering institutions.
Grantmaking
How to Apply
**
Ready to take the next step with Hummel Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation's geographic focus is national, with primary concentration in Colorado, Missouri, Ohio, and Kansas.
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Giving (2024):
- Total Assets: $84,900,000
- Annual Giving: $5,029,000 (2023)
- Total Giving: $5,200,000 (2024)
Historical Financial Data:
- 2023: Assets of $79,915,980; Total Giving of $2,829,000 across 16 grants
- 2022: Assets of $84,700,000; Total Giving of $498,000 across 16 grants
Revenue (2023):
- Investment income and dividends: $2,127,910
- Total revenues: $1,136,073
Giving Rate: Approximately 3.5% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $84,891,777 | $79,915,980 | $84,650,859 |
| Revenue | $10,629,621 | $1,136,073 | $9,824,439 |
| Expenses | $5,653,824 | $5,870,952 | $4,706,078 |
| Qualifying Distributions | $5,314,289 | $5,133,987 | $4,395,399 |
| Net Investment Income | $7,459,079 | $2,125,833 | $7,857,032 |
| Distributable Amount | $5,170,452 | $5,308,948 | $5,112,979 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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 2024
Grant Size Distribution
98 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Northern Colorado Foundation ($1,250,000 across 2 grants), Ohio State University Foundation ($835,000 across 2 grants), Colorado State University Foundation ($750,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COLORADO STATE UNIVERSITY FOUNDATION Fort Collins, CO | SCHOLARSHIPS | $750,000 |
| CURATORS OF THE UNIVERSITY OF MISSOURI SPECIAL TRUST Columbia, MO | GENERAL SUPPORT | $750,000 |
| OHIO STATE UNIVERSITY FOUNDATION Columbus, OH | GENERAL SUPPORT | $750,000 |
| UNIVERSITY OF NORTHERN COLORADO FOUNDATION Greeley, CO | SCHOLARSHIPS | $750,000 |
| ROCKHURST UNIVERSITY Kansas City, MO | SCHOLARSHIPS | $500,000 |
| UNIVERSITY OF DENVER Denver, CO | SCHOLARSHIPS | $500,000 |
| UNIVERSITY OF NORTHERN COLORADO FOUNDATION Greeley, CO | GENERAL SUPPORT | $500,000 |
| ST JOHN'S MEDICAL CENTER Jackson, WY | GENERAL SUPPORT | $450,000 |
| FRONT RANGE COMMUNITY COLLEGE FOUNDATION Westminster, CO | SCHOLARSHIPS | $100,000 |
| OHIO STATE UNIVERSITY FOUNDATION Columbus, OH | SCHOLARSHIPS | $85,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Carole Hummel - Trustee
- Rob Hummel - Trustee
- Jennifer Hummel - Trustee
- Bessemer Trust Company NA - Administrative Trustee
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Carole Hummel | Trustee | 5 | — |
| Bessemer Trust Company NA | Trustee | 5 | $278,905 |
Contact Information
Address: 1271 Avenue of the Americas, 42nd Floor, New York, NY 10020
Phone: 970-348-0450
EIN: 47-4921414
Tax-Exempt Status: Since February 2016
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hummel Family Foundation fund?
The foundation's mission centers exclusively on providing higher education scholarships. The primary funding focus is education, with particular emphasis on supporting students pursuing university degrees at partnering institutions.
How do I apply for a grant from Hummel Family Foundation?
The foundation does not accept unsolicited applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does Hummel Family Foundation make grants?
The foundation's geographic focus is national, with primary concentration in Colorado, Missouri, Ohio, and Kansas.
What size grants does Hummel Family Foundation award?
In 2024, Hummel Family Foundation awarded 19 grants totaling $5.2M — an average of about $274K per grant, based on its IRS Form 990 filings.
How much is Hummel Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hummel Family Foundation reported a distributable amount of $5.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hummel Family Foundation's EIN?
Hummel Family Foundation's EIN (Employer Identification Number) is 47-4921414. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hummel Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.