Hyde Charitable Foundation
Hyde Charitable Foundation is a private foundation based in Southbridge, Massachusetts. It makes charitable grants, with its 2024 filing stating a preference for local charitable or educational organizations.
Hyde Charitable Foundation at a glance
In short: Hyde Charitable Foundation gave $230K across 31 grants in 2024 (avg $7K), mostly in Massachusetts. 26% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $230,000
- +18.1% vs 2023
- Grants made (2024)
- 31
- +10.7% vs 2023
- Average grant
- $7,419
- +6.6% vs 2023
- Median grant
- $1,000
- Total assets
- $4,242,177
- +5.7% vs 2023
- New grantees (estimate)
- 26% first-time grantees (8 of 31, 2024)
- Primary geography
- Massachusetts (100% 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 Hyde Charitable Foundation
- How to Apply
-
The foundation says it does not restrict giving to preselected organizations. Applications should be written and state the request and reason. The filing states a preference for local charitable or educational organizations.
- Review Cycle
- None stated.
- Deadline
- None stated.
- Contact
Application contact: Hyde Charitable Foundation Attn Ron
Mailing address: 54 Eastford Road, Southbridge, MA 01550
Phone: (508) 764-4344
Website: HTTP://WWW.HYDETOOLS.COM
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hyde Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Old Sturbridge Village ($50K). Together the top 10 received $205K.
Grant Size Distribution
145 grants across all recorded years
The most common grant size was under $50K: 140 grants of 145 (97%).
Geographic Focus
Where this funder awards grants
The 2024 filing reports that 100% of grant dollars went to recipients in Massachusetts. The foundation states a preference for local charitable or educational organizations.
Grant Distribution by State
Share of 2024 grant dollars across all 31 itemized grants.
Cities
Is Hyde Charitable Foundation open to new grantees?
26%
first-time grantees, 2024
In 2024, 8 of 31 grantees (26%) were first-time recipients. First grants averaged $2K; repeat grants $9K. How we count
Medians: $1K first-time, $2K repeat.
- 55% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+10%). Method
- In 2024 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 $195K (2023) to $273K (2022). In 2024 it made 31 grants totaling $230K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Old Sturbridge Village Sturbridge, MA | Arts & Sciences | $50,000 |
| Center of Hope Southbridge, MA | Community Service | $40,000 |
| Tri-Community YMCA Southbridge, MA | Community Service | $40,000 |
| Veteran's Council of Southbridge Southbridge, MA | Religious | $30,000 |
| Trinity Catholic Academy Southbridge, MA | Religious | $25,000 |
| Elm Street Congregational Church Southbridge, MA | Religeous | $5,000 |
| Chase Bjork Foundation Concord, MA | Community Service | $4,000 |
| Our Bright Future Inc Charlton, MA | Arts & Sciences | $4,000 |
| Bridge of Faith Southbridge, MA | Education | $4,000 |
| St Michael Romanian Church Southbridge, MA | Education | $3,000 |
Ready to take the next step with Hyde Charitable Foundation?
Financial History
Multi-year comparison from IRS filings
The foundation files Form 990-PF.
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,242,177 | $478,988 | $248,453 | $230,000 | 31 | $230,000 | $460,535 | $254,370 |
| 2023 | $4,011,642 | $202,877 | $214,457 | $194,800 | 28 | $194,800 | $183,255 | $229,690 |
| 2022 | $4,023,222 | $330,603 | $308,812 | $272,548 | 33 | $272,548 | $310,981 | $240,279 |
| 2021 | $4,001,431 | $715,339 | $234,265 | $208,288 | 29 | $208,288 | $694,005 | $244,469 |
| 2020 | $3,520,357 | $205,829 | $234,740 | $216,500 | 24 | — | $193,856 | $228,016 |
Under IRS private-foundation payout rules, Hyde Charitable Foundation reported a distributable amount of $254K 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
No mission statement for the foundation is provided. Its 2024 grants show support for community service, arts and sciences, education, and religious organizations. Examples of grantees’ work include Chase Bjork Foundation’s efforts to promote brain-health awareness and action, and Our Bright Future’s work to develop young leaders through robotics, sports training, and academic guidance.
Grantmaking
In 2024, the foundation reported 31 grants totaling $230,000. Awards ranged from $250 to $50,000, with a median grant of $1,000. The largest grants included $50,000 to Old Sturbridge Village for arts and sciences; $40,000 each to Center of Hope and Tri-Community YMCA for community service; $30,000 to Veteran’s Council of Southbridge for a religious purpose; and $25,000 to Trinity Catholic Academy for a religious purpose.
Other reported 2024 grants included $4,000 to Chase Bjork Foundation, whose mission is to help adolescents, families, and communities learn about and take action on brain health; and $4,000 to Our Bright Future, whose mission is to empower youth through robotics, sports training, and academic guidance. The foundation also gave $2,000 to Music Worcester, which describes its work as bringing varied musical experiences to audiences through performances and educational programs.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Robert B Clemence, Elizabeth H Peppel, Andrew R Peppel, and Tammy C Rawls as trustees, and Ronald P Carlson as treasurer.
Hyde Charitable Foundation's 2024 filing lists 5 officers; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth H. Peppel
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Robert B. Clemence
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Andrew R. Peppel
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Tammy C. Rawls
Trustee
On filings since 2023
2 hrs/week
No compensation reported
Ronald P. Carlson
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Former officers (2)
- Former: Richard B. Hardy (2020–2022) — Trustee
- Former: Richard R. Clemence (2020–2022) — Trustee
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 Hyde Charitable Foundation
How much does Hyde Charitable Foundation give each year?
Hyde Charitable Foundation gave $230K across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $195K across 28 grants.
What is Hyde Charitable Foundation's typical grant size?
Hyde Charitable Foundation's median grant in 2024 was $1,000, and its average grant was $7,419, across 31 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hyde Charitable Foundation that year got $2K on average.
Where does Hyde Charitable Foundation give grants?
Hyde Charitable Foundation gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Southbridge, MA (15 grants), Worcester, MA (8 grants) and Sturbridge, MA (2 grants).
Does Hyde Charitable Foundation give general operating support?
Not in 2024: none of the 31 grants with a stated purpose on Hyde Charitable Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Community Service" (18 grants), "Religious" (4 grants) and "Arts & Sciences" (3 grants).
Who are Hyde Charitable Foundation's largest grantees?
Hyde Charitable Foundation's largest 2024 grantees include Old Sturbridge Village ($50,000), Center of Hope ($40,000) and Tri-Community YMCA ($40,000), according to its 2024 IRS Form 990-PF. Together they received 57% of its itemized 2024 grant dollars.
How large is Hyde Charitable Foundation?
Hyde Charitable Foundation reported $4.2M in total assets on its 2024 IRS Form 990-PF. It paid out $230K in qualifying distributions that year, against a required minimum of $254K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Hyde Charitable Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants show support for community service, arts and sciences, education, and religious organizations. See mission & focus areas ↑
How do I apply for a grant from Hyde Charitable Foundation?
The foundation says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hyde Charitable Foundation's EIN?
Hyde Charitable Foundation's EIN (Employer Identification Number) is 04-2752893. IRS Form 990 filing data is available on this page for 2020–2024.
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). Hyde Charitable Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/hyde-charitable-foundation-morg_7ae8be05c1004fac923122a49f073ab4
BibTeX
@misc{grantable_042752893_2026,
author = {{Grantable}},
title = {{Hyde Charitable Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hyde-charitable-foundation-morg_7ae8be05c1004fac923122a49f073ab4},
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 Hyde Charitable Foundation'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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