Hyde Charitable Foundation

SOUTHBRIDGE, MA EIN: 04-2752893

Hyde Charitable Foundation is a private foundation established in 1982 and based in Southbridge, Massachusetts. The foundation operates as a 501(c)(3) organization with tax-exempt status since September 1982. It is a company-sponsored foundation affiliated with Hyde Tools (hydetools.com).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

+5.7% YoY

Annual Giving

$230K

+18.1% YoY

Grant Count

31

+10.7% YoY

Avg Grant Size

$7K

+6.6% YoY

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

Mission & Focus Areas

The foundation supports organizations involved with:

  • Education
  • Human services
  • Community development
  • Philanthropy, voluntarism, and grantmaking

The foundation's primary geographic focus includes Massachusetts and South Carolina.

Grantmaking

Grant Range

s:** Typical awards range from $250 to $50,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Massachusetts and South Carolina.

Grant Distribution by State

4states

Cities

AndoverBrimfieldCharlestonCharltonConcordDudleyMilfordMissoulaN CharlestonNewtonNorth CharlestonNorth OxfordRutlandSouthbridgeSturbridgeWorcester

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year 2024:

  • Total Assets: $4,242,177
  • Total Revenue: $478,988
  • Total Expenses: $248,453
  • Net Income: $230,535
  • Total Liabilities: $0

The foundation's revenue is primarily derived from interest income, with no contributions received reported in the most recent filing.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$197K$393K$590K$787K20202021202220232024
Metric202420232022
Total Assets$4,242,177$4,011,642$4,023,222
Revenue$478,988$202,877$330,603
Expenses$248,453$214,457$308,812
Qualifying Distributions$230,000$194,800$272,548
Net Investment Income$460,535$183,255$310,981
Distributable Amount$254,370$229,690$240,279

Giving Over Time

Total grant dollars and number of grants per year

$0$68K$136K$204K$273K24 grants202029 grants202133 grants202228 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

OLD STURBRIDGE VILLAGE$50KCENTER OF HOPE$40KTRI-COMMUNITY YMCA$40KVETERAN'S COUNCIL OF SOU…$30KTRINITY CATHOLIC ACADEMY$25KELM STREET CONGREGATIONA…$5KCHASE BJORK FOUNDATION$4KOUR BRIGHT FUTURE INC$4KBRIDGE OF FAITH$4KST MICHAEL ROMANIAN CHURCH$3K

Grant Size Distribution

145 grants across all recorded years

140<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ROBERT B CLEMENCETRUSTEE2
ELIZABETH H PEPPELTRUSTEE2
RONALD P CARLSONTREASURER2
ANDREW R PEPPELTRUSTEE2
TAMMY C RAWLSTRUSTEE2

Contact Information

  • Address: 54 Eastford Road, Southbridge, MA 01550-3604
  • Phone: 508-764-4344
  • Website: hydetools.com

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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