North Pond Foundation
North Pond Foundation is a private independent foundation designated as a 501(c)(3) organization, based in Wilmington, Delaware. The foundation has been tax-exempt since December 1994. It operates as a grantmaking foundation focused on supporting charitable causes across multiple sectors.
Key facts about North Pond Foundation
- EIN
- 51-0362794
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $564,821
- Grants made (2024)
- 55
- Average grant
- $10,269
- Median grant
- $10,000
- New grantees (estimate)
- 25% first-time grantees (14 of 55, 2024)
- Total assets
- $2,649,127
- Primary geography
- Massachusetts (44% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who North Pond Foundation funds
By grant dollars, the top recipient states for North Pond Foundation's 55 itemized 2024 grants were Massachusetts (44%) and New York (33%). The most frequent recipient cities were Nantucket, MA (17 grants), New York, NY (5 grants), Arlington, VA (3 grants) and Hamden, NY (2 grants). 60% of grants with a stated purpose were for general or operating support. Recurring purposes include "Education" (9 grants).
Is North Pond Foundation open to new grantees?
25%
first-time grantees, 2024
In 2024, 14 of 55 grantees (25%) were first-time recipients. First grants averaged $10K; repeat grants $10K. How we count
Medians: $10K first-time, $8K repeat.
- 67% of 2024 grantees were also funded in 2023. Method
- Giving grew 58% from 2021 to 2024. Method
- In 2024 it paid out 95% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with North Pond Foundation
- How to evaluate North Pond Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-10.9% YoY
Annual Giving
$565K
+35.5% YoY
Grant Count
55
+22.2% YoY
Avg Grant Size
$10K
+10.9% YoY
Under IRS private-foundation payout rules, North Pond Foundation reported a distributable amount of $626K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not have a publicly stated mission statement on file. However, based on recent grantmaking activity, North Pond Foundation supports organizations working in the following areas:
- Education
- Conservation and environmental protection
- Health care
- Philanthropy and voluntarism
- Arts
- Agriculture
- Research
Grantmaking
Grant Range
$6,000
Ready to take the next step with North Pond Foundation?
Geographic Focus
Where this funder awards grants
North Pond Foundation's grantmaking is concentrated primarily in:
- New York
- Massachusetts
- Oregon
Grant Distribution by State
Share of all 55 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023 Tax Year
- Total assets: $2,971,604
- Total revenues: $261,759
- Total expenses: $471,800
- Total liabilities: $0
As of 2023 (Alternative Source)
- Total assets: $9.2M
- Total distributions: $443,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,649,127 | $2,971,604 | $3,180,912 |
| Revenue | $256,150 | $261,759 | $238,506 |
| Expenses | $623,522 | $471,800 | $497,163 |
| Qualifying Distributions | $592,358 | $442,714 | $466,757 |
| Net Investment Income | $228,613 | $235,934 | $210,749 |
| Distributable Amount | $625,911 | $590,605 | $443,721 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
229 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Almanack Arts Colony ($60,000), Tuckernuck Land Trust ($30,000), Maria Mitchell Association ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALMANACK ARTS COLONY New York, NY | GENERAL | $60,000 |
| TUCKERNUCK LAND TRUST Nantucket, MA | CONSERVATION | $30,000 |
| MARIA MITCHELL ASSOCIATION Nantucket, MA | GENERAL | $25,000 |
| CATSKILLS AGRARIAN ALLIANCE Hamden, NY | GENERAL | $25,000 |
| Nantucket New School Nantucket, MA | EDUCATION | $20,000 |
| Doctors Without Borders USA Hagerstown, MD | GENERAL | $20,000 |
| PASCON FOUNDATION Nantucket, MA | FUNDRAISING | $20,000 |
| FAMILY PLANNING OF SOUTH Oneonta, NY | EDUCATION | $17,000 |
| NANTUCKET BOYS AND GIRLS CLUB Nantucket, MA | GENERAL | $15,281 |
| WOODS HOLE OCEANOGRAPHIC INSTITUTE Woods Hole, MA | RESEARCH | $15,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Francis J Hazeldine – President and Chief Executive Officer
- Laura B Hussey – Officer
- John A Jussey – Officer
- Caleb Cressman II – Officer
- Tessa Bredin Cressman – Officer
- Eleutherian Trust Company – Trustee
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eleutherian Trust Company | Trustee | 1 | $15,624 |
| Laura B Hussey | Officer | 1 | — |
| John a Jussey | Officer | 1 | — |
| Caleb Cressman II | Officer | 1 | — |
| Tessa Bredin Cressman | Officer | 1 | — |
Contact Information
Address 1105 N Market St Ste 900 Wilmington, DE 19801
EIN: 51-0362794
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does North Pond Foundation fund?
The foundation does not have a publicly stated mission statement on file. However, based on recent grantmaking activity, North Pond Foundation supports organizations working in the following areas: • Education • Conservation and environmental protection • Health care • Philanthropy and voluntarism • Arts • Agriculture • Research
How do I apply for a grant from North Pond Foundation?
**Grant Activity (2023)** • Total grants distributed: $416,881 • Number of grants: 42-45 grants • Median grant size: $6,000 • Maximum grant size: $30,000 • Typical award range: $1,000–$134,956 **Recent Grantees (2023)** • Catskill Center for Conservation and Development ($30,000) • Tuckernuck Land Trust ($30,000) • Southern Poverty Law Center ($25,000)
Where does North Pond Foundation make grants?
North Pond Foundation's grantmaking is concentrated primarily in: • New York • Massachusetts • Oregon
What size grants does North Pond Foundation award?
In 2024, North Pond Foundation awarded 55 grants totaling $565K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is North Pond Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, North Pond Foundation reported a distributable amount of $626K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is North Pond Foundation's EIN?
North Pond Foundation's EIN (Employer Identification Number) is 51-0362794. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.