Hutchins Family Foundation Inc

NEW YORK, NY EIN: 37-1501785 Website

The Hutchins Family Foundation is a private grantmaking foundation established in 2004 by Glenn H. Hutchins, co-founder and former co-CEO of Silver Lake (a technology investment firm), and his wife Debbie Hutchins. Based in New York City, the foundation manages philanthropic giving according to the family's values and strategic priorities, with a focus on creating measurable impact through concentrated, deeply engaged support of select initiatives.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$26.0M

+32.6% YoY

Annual Giving

$9.8M

-10.1% YoY

Grant Count

+40.9% YoY

Avg Grant Size

$317K

-36.2% YoY

Under IRS private-foundation payout rules, Hutchins Family Foundation Inc reported a distributable amount of $1.2M 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

African-American research and studies
Economic policy design
Social justice training
Community engagement
Global humanitarian work
Education and higher education
Health and diseases/conditions
Social sciences

The foundation operates with a philosophy of achieving the greatest impact in the shortest period of time with the most efficient use of resources. Rather than spreading resources across many grants, the foundation concentrates on a small number of projects in which family members are deeply involved as decision-makers.

Grantmaking

The foundation does not accept unsolicited requests or proposals. The foundation only supports initiatives that have personal meaning to family members and evaluates opportunities through invitation only.

Grant Range

$1,000,000 - $2,000,000

Average Grant

approximately $2,000

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation supports initiatives nationally, with particular concentration in New York City and Boston.

Grant Distribution by State

Illinois $21.0M (41%)

District of Columbia $15.2M (30%)

Massachusetts $6.1M (12%)

New Jersey $4.2M (8%)

New York $2.1M (4%)

Maryland $1.2M (2%)

Florida $521K (1%)

Georgia $513K (1%)

+10 more states

States

California Connecticut District of Columbia Florida Georgia Illinois Louisiana Massachusetts Maryland Maine Montana New Jersey New York Oregon South Carolina Tennessee Texas Vermont

Cities

AtlantaBostonBronxCambridgeChicagoChilmarkColumbusDamascusEdgartownElmsfordGarrisonGermantownGreenwichHawthorneHelenaIrvingLawrencevilleLos AngelesLos AngelsMaimi

Financial History

Multi-year comparison from IRS filings

Most Recent Data (2023):

Total Assets: $19,641,560
Total Revenues: $12,026,182
Total Expenses: $11,079,859
Annual Giving: $9,855,915 (2024)

Investment Performance:

Investment income and dividends increased 490.8% from 2022 to 2023 ($69,251 to $409,121)
Total grants and contributions decreased 52.4% from 2022 to 2023 ($14,215,929 to $6,766,030)

Tax Status:

501(c)(3) private foundation
Tax-exempt since June 2005
EIN: 37-1501785

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$26,042,357	$19,641,560	$17,862,299
Revenue	$20,951,643	$12,026,182	$18,681,074
Expenses	$10,037,019	$11,079,859	$8,389,166
Qualifying Distributions	$9,855,915	$10,959,471	$8,240,059
Net Investment Income	$16,517,258	$5,169,929	$4,366,869
Distributable Amount	$1,179,995	$830,311	$537,921

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

157 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Barack Obama Foundation ($4,000,000), Brookings Institution ($2,750,000), Harvard University ($2,000,000).

Recipient	Purpose	Amount
AMERICAN CIVIL LIBERTIES UNION FOUNDATION INC NEW YORK, NY	TO SUPPORT THE CHARITY'S MISSION.	$1,000
AMERICAN FOUNDATION FOR SUICIDE PREVENTION NEW YORK, NY	TO SUPPORT THE CHARITY'S MISSION.	$2,000
APEX FOR YOUTH INC NEW YORK, NY	TO SUPPORT THE CHARITY'S MISSION.	$1,000
BRETTON WOODS COMMITTEE WASHINGTON, DC	TO SUPPORT THE CHARITY'S MISSION.	$25,000
BROOKINGS INSTITUTION WASHINGTON, DC	TO SUPPORT THE CHARITY'S MISSION.	$2,750,000
DOMINICAN SISTERS-THE SERVANTS OF RELIEF FOR INCURABLE CANCER HAWTHORNE, NY	TO SUPPORT THE CHARITY'S MISSION.	$1,000
EAGLE HILL FOUNDATION INC GREENWICH, CT	TO SUPPORT THE CHARITY'S MISSION.	$2,500
FEEDING WESTCHESTER INC ELMSFORD, NY	TO SUPPORT THE CHARITY'S MISSION.	$1,000
GEORGE JACKSON ACADEMY NEW YORK, NY	TO SUPPORT THE CHARITY'S MISSION.	$233,500
GREENWICH ACADEMY INC GREENWICH, CT	TO SUPPORT THE CHARITY'S MISSION.	$3,000

Leadership & Key People

Leadership team and compensation from IRS filings

Glenn H. Hutchins – Founder, Chairman/Treasurer
Deborah D. Hutchins – Co-Founder, President/Secretary
Sarah Overbay – Executive Director
Scott A. Carlson – Trustee

All key personnel work on a voluntary basis without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GLENN H HUTCHINS	CHAIRMAN/TREASURER	1	—
DEBORAH D HUTCHINS	PRESIDENT/SECRETARY	1	—
SARAH OVERBAY	EXECUTIVE DIRECTOR	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What does Hutchins Family Foundation Inc fund?

The foundation's mission is to support causes and institutions the family believes in, with an emphasis on helping the disadvantaged and fostering excellence. The foundation concentrates its efforts in the following areas: • African-American research and studies • Economic policy design • Social justice training • Community engagement • Global humanitarian work • Education and higher education • Health and diseases/conditions • Social sciences The foundation operates with a philosophy of achiev…

How do I apply for a grant from Hutchins Family Foundation Inc?

**Grant Activity:** • Made 56 grants in 2023 • Typical grant range: $1,000,000 - $2,000,000 • Average grant size: approximately $2,000 **Recent Major Grants (2023):** • The Obama Foundation: $5,000,000 • The Brookings Institution: $2,750,000 • Harvard University: $2,000,000 **Application Process:** The foundation does not accept unsolicited requests or proposals. The foundation only supports initiatives that have personal meaning to family members and evaluates opportunities through invitation …

Where does Hutchins Family Foundation Inc make grants?

The foundation supports initiatives nationally, with particular concentration in New York City and Boston.

What size grants does Hutchins Family Foundation Inc award?

In 2024, Hutchins Family Foundation Inc awarded 31 grants totaling $9.8M — an average of about $317K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hutchins Family Foundation Inc reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hutchins Family Foundation Inc's EIN?

Hutchins Family Foundation Inc's EIN (Employer Identification Number) is 37-1501785. IRS Form 990 filing data is available on this page for 2020–2024.