Hutchins Family Foundation Inc
Hutchins Family Foundation Inc is a private foundation based in New York, NY. Established by Debbie and Glenn Hutchins to manage the family’s giving, it supports causes and institutions the family believes in, with an emphasis on helping disadvantaged people and fostering excellence.
Hutchins Family Foundation Inc at a glance
In short: Hutchins Family Foundation Inc gave $9.8M across 31 grants in 2024 (avg $317K), top state Illinois. 52% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $9,838,272
- -10.1% vs 2023
- Grants made (2024)
- 31
- +40.9% vs 2023
- Average grant
- $317,364
- -36.2% vs 2023
- Median grant
- $5,000
- Total assets
- $26,042,357
- +32.6% vs 2023
- New grantees (estimate)
- 52% first-time grantees (16 of 31, 2024)
- Primary geography
- Illinois (41% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hutchins Family Foundation Inc
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 330 Madison Avenue 33Rd Floor, New York, NY 10017
Phone: (929) 394-0002
Website: https://hutchinsfamilyfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hutchins Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was The Barack Obama Foundation ($4.0M). Together the top 10 received $9.7M.
Grant Size Distribution
157 grants across all recorded years
The most common grant size was under $50K: 117 grants of 157 (75%).
Geographic Focus
Where this funder awards grants
The foundation is based in New York, NY. In 2024, the largest shares of grant dollars went to recipients in Illinois (41%), Washington, DC (28%), and Massachusetts (20%), followed by New Jersey (6%) and New York (4%). Its listed 2024 grants also included recipients in California, Vermont, and Connecticut.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
States
Cities
Is Hutchins Family Foundation Inc open to new grantees?
52%
first-time grantees, 2024
In 2024, 16 of 31 grantees (52%) were first-time recipients. First grants averaged $138K; repeat grants $508K. How we count
Medians: $5K first-time, $6K repeat.
- 42% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 835% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8.2M (2022) to $11.4M (2021). In 2024 it made 31 grants totaling $9.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Barack Obama Foundation Chicago, IL | To Support the Charity's Mission. | $4,000,000 |
| Brookings Institution Washington, DC | To Support the Charity's Mission. | $2,750,000 |
| Harvard University Cambridge, MA | To Support the Charity's Mission. | $2,000,000 |
| The Trustees of Lawrenceville School Lawrenceville, NJ | To Support the Charity's Mission. | $550,667 |
| George Jackson Academy New York, NY | To Support the Charity's Mission. | $233,500 |
| Hospital for Special Surgery Fund Inc New York, NY | To Support the Charity's Mission. | $100,000 |
| Princeton University Princeton, NJ | To Support the Charity's Mission. | $35,000 |
| Bretton Woods Committee Washington, DC | To Support the Charity's Mission. | $25,000 |
| Old Globe Theatre San Deigo, CA | To Support the Charity's Mission. | $25,000 |
| President & Fellows of Middlebury College Vermont, VT | To Support the Charity's Mission. | $25,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $26,042,357 | $20,951,643 | $10,037,019 | $9,838,272 | 31 | $9,855,915 | $16,517,258 | $1,179,995 |
| 2023 | $19,641,560 | $12,026,182 | $11,079,859 | $10,939,399 | 22 | $10,959,471 | $5,169,929 | $830,311 |
| 2022 | $17,862,299 | $18,681,074 | $8,389,166 | $8,211,511 | 27 | $8,240,059 | $4,366,869 | $537,921 |
| 2021 | $40,643,651 | $25,565,785 | $11,854,557 | $11,390,445 | 42 | $11,456,129 | $23,821,764 | $969,528 |
| 2020 | $28,575,646 | $32,283,792 | $10,957,911 | $10,699,984 | 35 | — | $10,807,805 | $1,274,183 |
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 September 2026.
Mission & Focus Areas
The foundation’s stated approach is to support causes and institutions meaningful to the family, while helping the disadvantaged and fostering excellence. Its primary initiatives include the Hutchins Center for African and African American Research at Harvard, the Hutchins Center on Fiscal and Monetary Policy at Brookings, the Hutchins Center at Lawrenceville, and the Obama Foundation and Presidential Center. Other projects listed by the foundation include CARE, George Jackson Academy, the Chronic Fatigue Initiative, and Vassar College and The Posse Foundation.
The grantees’ own descriptions illustrate the range of organizations supported. The Bretton Woods Committee describes its work as advancing global economic and financial cooperation through public dialogue, advocacy, and policy analysis. The Old Globe Theatre says it seeks to advance American theatre through professional productions, diverse programming, and education. Icahn School of Medicine at Mount Sinai describes its mission as advancing science, medicine, and health care delivery. Squash Haven says it supports New Haven youth through academic and athletic instruction, with the aim of promoting school success, physical wellness, and paths to higher education and engaged citizenship.
Grantmaking
In 2024, the foundation reported 31 grants totaling $9,838,272. Itemized grants ranged from $500 to $4,000,000, with a median of $5,000. The largest grants included $4,000,000 to The Barack Obama Foundation, $2,750,000 to the Brookings Institution, and $2,000,000 to Harvard University. Other notable grants included $550,667 to The Trustees of Lawrenceville School and $233,500 to George Jackson Academy. The listed grant purposes were to support the recipient charities’ missions.
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. It says it does not evaluate unsolicited requests and supports initiatives that have personal meaning to family members.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Glenn H. Hutchins as chairman and treasurer, Deborah D. Hutchins as president and secretary, and Sarah Overbay as executive director. The foundation’s website identifies Debbie and Glenn Hutchins as the founders and describes Sarah W. Overbay as a managing director who joined the foundation and the family office in February 2019.
Hutchins Family Foundation Inc is led by Deborah D. Hutchins, President & Secretary on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Deborah D. Hutchins
President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Sarah Overbay
Executive Director
On filings since 2020
2 hrs/week
No compensation reported
Glenn H. Hutchins
Chairman & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Hutchins Family Foundation Inc
How much does Hutchins Family Foundation Inc give each year?
Hutchins Family Foundation Inc gave $9.8M across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10.9M across 22 grants.
What is Hutchins Family Foundation Inc's typical grant size?
Hutchins Family Foundation Inc's median grant in 2024 was $5,000, and its average grant was $317,364, across 31 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hutchins Family Foundation Inc that year got $138K on average.
Where does Hutchins Family Foundation Inc give grants?
Hutchins Family Foundation Inc's top state is Illinois, with 41% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (28%) and Massachusetts (20%). The most frequent recipient cities were New York, NY (9 grants), Greenwich, CT (5 grants) and Washington, DC (2 grants).
Does Hutchins Family Foundation Inc give general operating support?
Not in 2024: none of the 31 grants with a stated purpose on Hutchins Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support the Charity's Mission." (31 grants).
Who are Hutchins Family Foundation Inc's largest grantees?
Hutchins Family Foundation Inc's largest 2024 grantees include The Barack Obama Foundation ($4,000,000), Brookings Institution ($2,750,000) and Harvard University ($2,000,000), according to its 2024 IRS Form 990-PF. Together they received 89% of its itemized 2024 grant dollars.
How large is Hutchins Family Foundation Inc?
Hutchins Family Foundation Inc reported $26.0M in total assets on its 2024 IRS Form 990-PF. It paid out $9.9M in qualifying distributions that year, against a required minimum of $1.2M (roughly 5% of its investment assets).
What does Hutchins Family Foundation Inc fund?
The foundation’s stated approach is to support causes and institutions meaningful to the family, while helping the disadvantaged and fostering excellence. See mission & focus areas ↑
How do I apply for a grant from Hutchins Family Foundation Inc?
Hutchins Family Foundation Inc does not accept unsolicited proposals, according to Grantable's research on its published guidelines. Check hutchinsfamilyfoundation.org for any change to that policy.
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.
Does Hutchins Family Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Hutchins Family Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/hutchins-family-foundation-inc-morg_0d09af56e6d64620bb313b3c089e3aca
BibTeX
@misc{grantable_371501785_2026,
author = {{Grantable}},
title = {{Hutchins Family Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hutchins-family-foundation-inc-morg_0d09af56e6d64620bb313b3c089e3aca},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hutchins Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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