The 1916 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
Annual Giving
$1.6M
Grant Count
9
Avg Grant Size
$182K
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.
About The 1916 Foundation
Based on IRS filings
The 1916 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
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 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $1,729,684 | $2,764,484 | $3,385,785 |
| Revenue | $1,097,776 | $-60,642 | $679,258 |
| Expenses | $1,649,300 | $588,981 | $554,377 |
| Qualifying Distributions | $1,636,333 | $559,900 | $528,000 |
| Net Investment Income | $1,097,776 | $57,960 | $659,282 |
| Distributable Amount | $123,905 | $223,425 | $260,366 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Delaware Community Foundation ($750,000), Boston Symphony Orchestra ($350,000), Westminster Abbey ($333,333).
| Recipient | Purpose | Amount |
|---|---|---|
| BOSTON SYMPHONY ORCHESTRA BOSTON, MA | GENERAL SUPPORT | $350,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER MIDDLETOWN TOWNSHIP, NJ | GENERAL SUPPORT | $20,000 |
| TATNALL SCHOOL WILMINGTON, DE | GENERAL SUPPORT | $40,000 |
| THE TRUSTEES OF RESERVATIONS BOSTON, MA | GENERAL SUPPORT | $50,000 |
| UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | GENERAL SUPPORT | $25,000 |
| WESTMINSTER ABBEY | GENERAL SUPPORT | $333,333 |
| DELAWARE COMMUNITY FOUNDATION WILMINGTON, DE | GENERAL SUPPORT | $750,000 |
| PLANNED PARENTHOOD WILMINGTON, DE | GENERAL SUPPORT | $25,000 |
| ROYAL PHILHARMONIC | GENERAL SUPPORT | $43,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NATHAN HAYWARD III | PRESIDENT | 1 | — |
| MARILYN RUSHWORTH HAYWARD | VICE PRESIDENT | 1 | — |
| DAVID LEY HAMILTON ESQ | TRUSTEE | 1 | — |
| NATHAN HAYWARD IV | SECRETARY | 1 | — |
| GEORGE STEWART MARSHALL HAYWARD | TREASURER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The 1916 Foundation?
The 1916 Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONTCHANIN, DE. It holds $1.7M in total assets as of 2024.
How large is The 1916 Foundation?
As of 2024, The 1916 Foundation holds $1.7M in total assets with $1.1M in annual revenue. It awarded 9 grants totaling $1.6M in 2024.
Where does The 1916 Foundation operate?
The 1916 Foundation has awarded grants in Delaware, Massachusetts, North Carolina, New Jersey, New York, Pennsylvania.
What size grants does The 1916 Foundation award?
In 2024, The 1916 Foundation awarded 9 grants totaling $1.6M — an average of about $182K per grant, based on its IRS Form 990 filings.
How much is The 1916 Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The 1916 Foundation reported a distributable amount of $124K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in The 1916 Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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