Hutchins Family Foundation Inc logo

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

31

+40.9% YoY

Avg Grant Size

$317K

-36.2% YoY

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

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

18states
+10 more states

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
$0$9M$18M$27M$36M20202021202220232024
Metric202420232022
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

$0$3M$6M$9M$11M35 grants202042 grants202127 grants202222 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

THE BARACK OBAMA FOUNDAT…$4.0MBROOKINGS INSTITUTION$2.8MHARVARD UNIVERSITY$2.0MTHE TRUSTEES OF LAWRENCE…$551KGEORGE JACKSON ACADEMY$234KHOSPITAL FOR SPECIAL SUR…$100KPRINCETON UNIVERSITY$35KBRETTON WOODS COMMITTEE$25KOLD GLOBE THEATRE$25KPRESIDENT & FELLOWS OF M…$25K

Grant Size Distribution

157 grants across all recorded years

117<$50K3$50–100K12$100–250K3$250–500K5$500K–1M16$1–5M1$5M+

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

NameTitleHoursCompensation
GLENN H HUTCHINSCHAIRMAN/TREASURER1
DEBORAH D HUTCHINSPRESIDENT/SECRETARY1
SARAH OVERBAYEXECUTIVE DIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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