Hutchins Family Foundation Inc
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
31
+40.9% YoY
Avg Grant Size
$317K
-36.2% YoY
Mission & Focus Areas
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 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
States
Cities
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
| 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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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