Hussman Foundation Inc
Hussman Foundation Inc is a private foundation, based in Ellicott City, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $17.2M in total assets. In 2025, it awarded 3 grants totaling $754K. Net investment income was $425K.
Hussman Foundation Inc at a glance
In short: Hussman Foundation Inc gave $754K across 3 grants in 2025 (avg $251K), mostly in California. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $753,941
- +72.7% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $251,314
- +72.7% vs 2024
- Median grant
- $309,015
- Total assets
- $17,245,828
- +8.6% vs 2024
- Primary geography
- California (55% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Hussman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Partners Asia ($411K). Together the top 3 received $754K.
Grant Size Distribution
25 grants across all recorded years
The most common grant size was in the $100–250K range: 10 grants of 25 (40%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
Cities
How Hussman Foundation Inc gives
- Giving held roughly steady from 2022 to 2025 (−11%). Method
- In 2025 it paid out 107% of 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
From 2021 to 2025, annual grant giving ranged from $437K (2024) to $2.1M (2021). In 2025 it made 3 grants totaling $754K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Partners Asia Oakland, CA | Supported humanitarian programs by delivering frontline emergency relief, providing direct food aid, shelter and support to local communities in Thailand and Burma. | $411,226 |
| Carter Center Atlanta, GA | Supports programs and services in the community to break the cycle of poverty. | $309,015 |
| Light House Inc Annapolis, MD | Supports programs and services the organization provides to locals in the community who are experiencing homelessness or who may be in need of support to avoid homelessness. | $33,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $17,245,828 | $325,781 | $862,450 | $753,941 | 3 | $854,043 | $424,885 | $800,443 |
| 2024 | $15,878,995 | $396,772 | $552,073 | $436,502 | 3 | $537,404 | $441,169 | $824,556 |
| 2023 | $16,904,815 | $-1,221,586 | $905,320 | $899,126 | 6 | $899,285 | $493,398 | $871,466 |
| 2022 | $18,692,017 | $139,572 | $847,763 | $843,464 | 7 | $843,842 | $147,392 | $923,717 |
| 2021 | $19,597,950 | $-143,651 | $2,161,508 | $2,148,644 | 6 | — | $121,663 | $961,957 |
Under IRS private-foundation payout rules, Hussman Foundation Inc reported a distributable amount of $800K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hussman Foundation Inc's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brooke Steinau
Director
On filings since 2021
1 hr/week
No compensation reported
John Kenney
Director
On filings since 2021
No compensation reported
John P Hussman
Director
On filings since 2021
1 hr/week
No compensation reported
Julianne Hussman
Director
On filings since 2021
No compensation reported
Paula Kluth
Director
On filings since 2021
No compensation reported
Theresa K Hussman
Director
On filings since 2021
No compensation reported
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.
Frequently asked questions about Hussman Foundation Inc
How much does Hussman Foundation Inc give each year?
Hussman Foundation Inc gave $754K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $437K across 3 grants.
What is Hussman Foundation Inc's typical grant size?
Hussman Foundation Inc's median grant in 2025 was $309,015, and its average grant was $251,314, across 3 grants on its 2025 IRS Form 990-PF.
Where does Hussman Foundation Inc give grants?
Hussman Foundation Inc gives mostly in California: 55% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Georgia (41%).
Does Hussman Foundation Inc give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on Hussman Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
How large is Hussman Foundation Inc?
Hussman Foundation Inc reported $17.2M in total assets on its 2025 IRS Form 990-PF. It paid out $854K in qualifying distributions that year, against a required minimum of $800K (roughly 5% of its investment assets).
What is Hussman Foundation Inc's EIN?
Hussman Foundation Inc's EIN (Employer Identification Number) is 20-2062883. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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