Richard M & Yvonne Hamlin Foundation
Richard M & Yvonne Hamlin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $879K in total assets. In 2024, it awarded 5 grants totaling $130K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$879K
-11.3% YoY
Annual Giving
$130K
+766.7% YoY
Grant Count
5
+400.0% YoY
Avg Grant Size
$26K
+73.3% YoY
Under IRS private-foundation payout rules, Richard M & Yvonne Hamlin Foundation reported a distributable amount of $86K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard M & Yvonne Hamlin Foundation
Based on IRS filings
Richard M & Yvonne Hamlin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $879K in total assets. In 2024, it awarded 5 grants totaling $130K. Net investment income was $22K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $879,475 | $992,061 | $889,380 |
| Revenue | $37,311 | $133,437 | $80,294 |
| Expenses | $149,897 | $28,737 | $238,687 |
| Qualifying Distributions | $134,434 | $15,126 | $223,442 |
| Net Investment Income | $21,563 | $18,477 | $64,902 |
| Distributable Amount | $86,432 | $73,110 | $76,535 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hillsdale College ($50,000), Our Lady of the Elms ($25,000), Healthnetwork Foundation ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUECOATS INC CLINTON, OH | PROGRAM AND OPERATIONAL SUPPORT | $5,000 |
| HILLSDALE COLLEGE HILLSDALE, MI | PROGRAM AND OPERATIONAL SUPPORT | $50,000 |
| OUR LADY OF THE ELMS AKRON, OH | PROGRAM AND OPERATIONAL SUPPORT | $25,000 |
| HEALTHNETWORK FOUNDATION PEPPER PIKE, OH | PROGRAM AND OPERATIONAL SUPPORT | $25,000 |
| NORTHEAST OHIO CLASSICAL ACADEMY COPLEY, OH | PROGRAM AND OPERATIONAL SUPPORT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YVONNE F HAMLIN | TRUSTEE | 1 | — |
| RICHARD M HAMLIN JR | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard M & Yvonne Hamlin Foundation?
Richard M & Yvonne Hamlin Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AKRON, OH. It holds $879K in total assets as of 2024.
How large is Richard M & Yvonne Hamlin Foundation?
As of 2024, Richard M & Yvonne Hamlin Foundation holds $879K in total assets with $37K in annual revenue. It awarded 5 grants totaling $130K in 2024.
Where does Richard M & Yvonne Hamlin Foundation operate?
Richard M & Yvonne Hamlin Foundation has awarded grants in Florida, Michigan, New York, Ohio.
What size grants does Richard M & Yvonne Hamlin Foundation award?
In 2024, Richard M & Yvonne Hamlin Foundation awarded 5 grants totaling $130K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Richard M & Yvonne Hamlin Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard M & Yvonne Hamlin Foundation reported a distributable amount of $86K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard M & Yvonne Hamlin Foundation's EIN?
Richard M & Yvonne Hamlin Foundation's EIN (Employer Identification Number) is 34-1812974. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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