The 1916 Foundation
The 1916 Foundation is a private foundation, based in Montchanin, DE. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 9 grants totaling $1.6M. Net investment income was $1.1M.
The 1916 Foundation at a glance
In short: The 1916 Foundation gave $1.6M across 9 grants in 2024 (avg $182K), mostly in Delaware. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,636,333
- Grants made (2024)
- 9
- Average grant
- $181,815
- Median grant
- $43,000
- Total assets
- $1,729,684
- Primary geography
- Delaware (50% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The 1916 Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Delaware Community Foundation ($750K). Together the top 9 received $1.6M.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 9 grants of 28 (32%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How The 1916 Foundation gives
- Giving grew 210% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $240K (2019) to $1.6M (2024). In 2024 it made 9 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Delaware Community Foundation Wilmington, DE | General Support | $750,000 |
| Boston Symphony Orchestra Boston, MA | General Support | $350,000 |
| Westminster Abbey | General Support | $333,333 |
| The Trustees of Reservations Boston, MA | General Support | $50,000 |
| Royal Philharmonic | General Support | $43,000 |
| Tatnall School Wilmington, DE | General Support | $40,000 |
| University of Pennsylvania Philadelphia, PA | General Support | $25,000 |
| Planned Parenthood Wilmington, DE | General Support | $25,000 |
| Memorial Sloan Kettering Cancer Center Middletown Township, NJ | General Support | $20,000 |
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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 | $1,729,684 | $1,097,776 | $1,649,300 | $1,636,333 | 9 | $1,636,333 | $1,097,776 | $123,905 |
| 2022 | $2,764,484 | $-60,642 | $588,981 | $559,900 | 4 | $559,900 | $57,960 | $223,425 |
| 2021 | $3,385,785 | $679,258 | $554,377 | $528,000 | 7 | $528,000 | $659,282 | $260,366 |
| 2020 | $3,507,081 | $-15,075 | $456,992 | $425,000 | 3 | — | $96,751 | $242,710 |
| 2019 | $3,979,148 | $290,608 | $262,287 | $240,000 | 5 | — | $269,104 | $237,262 |
Under IRS private-foundation payout rules, The 1916 Foundation reported a distributable amount of $124K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The 1916 Foundation is led by Nathan Hayward III, President on every filing since 2019; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Nathan Hayward III
President
On filings since 2019
1 hr/week
No compensation reported
David Ley Hamilton Esq.
Trustee
On filings since 2019
1 hr/week
No compensation reported
George Stewart Marshall Hayward
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Marilyn Rushworth Hayward
Vice President
On filings since 2019
1 hr/week
No compensation reported
Nathan Hayward IV
Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2024. "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 The 1916 Foundation
How much does The 1916 Foundation give each year?
The 1916 Foundation gave $1.6M across 9 grants in 2024, according to its 2024 IRS Form 990-PF.
What is The 1916 Foundation's typical grant size?
The 1916 Foundation's median grant in 2024 was $43,000, and its average grant was $181,815, across 9 grants on its 2024 IRS Form 990-PF.
Where does The 1916 Foundation give grants?
The 1916 Foundation gives mostly in Delaware: 50% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Massachusetts (24%). The most frequent recipient cities were Wilmington, DE (3 grants) and Boston, MA (2 grants).
Does The 1916 Foundation give general operating support?
Yes: 100% of The 1916 Foundation's 2024 grants with a stated purpose (9 of 9) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The 1916 Foundation's largest grantees?
The 1916 Foundation's largest 2024 grantees include Delaware Community Foundation ($750,000), Boston Symphony Orchestra ($350,000) and Westminster Abbey ($333,333), according to its 2024 IRS Form 990-PF. Together they received 88% of its itemized 2024 grant dollars.
How large is The 1916 Foundation?
The 1916 Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $1.6M in qualifying distributions that year, against a required minimum of $124K (roughly 5% of its investment assets).
What is The 1916 Foundation's EIN?
The 1916 Foundation's EIN (Employer Identification Number) is 27-3330508. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS July 9, 2020)
- IRS filings on file for fiscal years 2019–2024
Live grants for the work The 1916 Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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