Hussman Family Foundation

LITTLE ROCK, AR EIN: 27-1167511 Website

The Hussman Family Foundation is a private foundation based in Little Rock, Arkansas. It is one of two foundations created by Walter E. Hussman, Jr., publisher of the Arkansas Democrat-Gazette and chairman of WEHCO Media, a privately-owned communication company that operates eleven daily newspapers and cable television companies across six states.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.8M

+11.0% YoY

Annual Giving

$1.5M

+8.3% YoY

Grant Count

+7.1% YoY

Avg Grant Size

$51K

+1.1% YoY

Under IRS private-foundation payout rules, Hussman Family Foundation reported a distributable amount of $368K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding focus areas include:

Education
Philanthropy and voluntarism
Human services
Science and STEM education
Life skills and training

Grantmaking

The foundation administers several grant programs including:

Grant Range

$250 to $1,331,528

Average Grant

amount: $227

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Geographic Focus

Where this funder awards grants

The foundation funds projects across multiple U.S. states and cities, including:

States: Alabama, Arkansas, California, Colorado, Florida, Minnesota, Mississippi, North Carolina, New Jersey, New York, Texas, and Virginia

Cities: Birmingham, Chapel Hill, Dallas, Denver, Little Rock, New York, San Francisco, and Tampa

Grant Distribution by State

North Carolina $4.0M (87%)

Arkansas $420K (9%)

California $91K (2%)

Mississippi $29K (1%)

Alabama $20K (0%)

Virginia $8K (0%)

Colorado $5K (0%)

Florida $5K (0%)

+4 more states

States

Alabama Arkansas California Colorado Florida Minnesota Mississippi North Carolina New Jersey New York Texas Virginia

Cities

BirminghamBriminghamCamdenCenter CityChapel HillClarksdaleConwayDallasDenverGulfportHavenLandsdowneLansdowneLittle RockMenlo ParkMerrifieldMontereyNew YorkRidgelandRussellville

Financial History

Multi-year comparison from IRS filings

Total assets: $7,785,423
Total giving: $1,536,979
Total revenue: $1,630,257
Total expenses: $1,431,569

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,785,423	$7,011,129	$6,838,623
Revenue	$1,097,131	$1,630,257	$1,476,676
Expenses	$1,553,850	$1,431,569	$1,420,732
Qualifying Distributions	$1,536,979	$1,419,278	$1,409,528
Net Investment Income	$383,364	$249,511	$101,811
Distributable Amount	$368,484	$283,170	$275,566

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

148 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include UNC School of Journalism ($1,329,028), Center for Integrity in News Reporting ($121,501), Arkansas Museum of Fine Arts Foundation ($12,500).

Recipient	Purpose	Amount
ACE Scholarships Arkansas Denver, CO	Charitable	$1,000
Arkansas Hunger Relief Alliance Little Rock, AR	Charitable	$250
Arkansas Museum of Fine Arts Foundation Little Rock, AR	Charitable	$12,500
Arkansas SymphonyAnnual Little Rock, AR	Charitable	$2,500
But God Ministries Ridgeland, MS	Charitable	$2,500
Center For Executive Leadership Birmingham, AL	Charitable	$5,000
Colson CenterBreakpoint Landsdowne, VA	Charitable	$1,000
Community Hospital DevelopmentMontage Health Monterey, CA	Charitable	$2,500
Episcopal Relief Fund New York, NY	Charitable	$250
First Tee of Central Arkansas Little Rock, AR	Charitable	$1,000

Leadership & Key People

Leadership team and compensation from IRS filings

Walter Hussman — President
Eliza Gaines — Vice President
Palmer Hussman — Vice President
Ben Hussman — Vice President
Olivia Ramsey — Vice President

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Contact Information

Address: PO Box 2221, Little Rock, AR 72203

Phone: (501) 378-3428

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Hussman Family Foundation fund?

The foundation's primary funding focus areas include: • Education • Philanthropy and voluntarism • Human services • Science and STEM education • Life skills and training

How do I apply for a grant from Hussman Family Foundation?

**Grant Statistics:** • Total giving: $1,536,979 (most recent fiscal year) • Total assets: $7,785,423 • Grant range: $250 to $1,331,528 • Median grant amount: $3,943 • Average grant amount: $227 • Giving rate: 20.5% • Total grants awarded: 65 **Grant Programs:** The foundation administers several grant programs including: • Charitable grants ($50,689 average, 28 recipients) • General support ($6,480 average, 18 recipients) • General donations ($1,886 average, 12 recipients) • Education grants (…

Where does Hussman Family Foundation make grants?

The foundation funds projects across multiple U.S. states and cities, including: **States:** Alabama, Arkansas, California, Colorado, Florida, Minnesota, Mississippi, North Carolina, New Jersey, New York, Texas, and Virginia **Cities:** Birmingham, Chapel Hill, Dallas, Denver, Little Rock, New York, San Francisco, and Tampa

What size grants does Hussman Family Foundation award?

In 2024, Hussman Family Foundation awarded 30 grants totaling $1.5M — an average of about $51K per grant, based on its IRS Form 990 filings.

How much is Hussman Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hussman Family Foundation reported a distributable amount of $368K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.