The Armand Hammer Foundation
The Armand Hammer Foundation is a private foundation, based in CARPINTERIA, CA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $89.3M in total assets. In 2022, it awarded 7 grants totaling $834K. Net investment income was $1.8M.
Financial Overview
From 2022 IRS Form 990-PF · View filing
Total Assets
$89.3M
-6.0% YoY
Annual Giving
$834K
-71.0% YoY
Grant Count
7
-75.0% YoY
Avg Grant Size
$119K
+16.2% YoY
Under IRS private-foundation payout rules, The Armand Hammer Foundation reported a distributable amount of $4.5M for 2022 — the minimum it must pay out in qualifying distributions.
About The Armand Hammer Foundation
Based on IRS filings
The Armand Hammer Foundation is a private foundation, based in CARPINTERIA, CA. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $89.3M in total assets. In 2022, it awarded 7 grants totaling $834K. Net investment income was $1.8M.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $89,259,712 | $94,980,694 | $97,637,696 |
| Revenue | $2,092,442 | $3,809,192 | $1,466,187 |
| Expenses | $4,973,034 | $7,105,358 | $4,637,918 |
| Qualifying Distributions | $2,715,943 | $4,098,454 | — |
| Net Investment Income | $1,832,131 | $3,470,456 | $959,984 |
| Distributable Amount | $4,524,170 | $5,535,278 | $5,406,571 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2022
Grant Size Distribution
51 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Grace Christian Academy ($773,656), Christ Holy Sanctified Church of America ($15,000), Nashville Life Church ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GRACE CHRISTIAN ACADEMY SANTA BARBARA, CA | GENERAL FUNDS | $773,656 |
| CHRIST HOLY SANCTIFIED CHURCH OF AMERICA LOS ANGELES, CA | GENERAL FUNDS | $15,000 |
| DENNIS TINERINO MINISTRIES NORTHRIDGE, CA | GENERAL FUNDS | $5,000 |
| THE TRANSFORMING CENTER WHEATON, IL | GENERAL FUNDS | $5,000 |
| NASHVILLE LIFE CHURCH NASHVILLE, TN | GENERAL FUNDS | $15,000 |
| RIDGEVIEW HIGH SCHOOL BAKERSFIELD, CA | GENERAL FUNDS | $5,000 |
| WORLD MISSIONS GROUP JENSEN BEACH, FL | GENERAL FUNDS | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL A HAMMER | PRESIDENT/CHAIRMAN/CEO/DIRECTOR | 40 | $505,000 |
| VIKTOR HAMMER | DIRECTOR | 1 | — |
| JIM FRASIER | DIRECTOR | 1 | $10,000 |
Frequently Asked Questions
How large is The Armand Hammer Foundation?
As of 2022, The Armand Hammer Foundation holds $89.3M in total assets with $2.1M in annual revenue. It awarded 7 grants totaling $834K in 2022.
Where does The Armand Hammer Foundation operate?
The Armand Hammer Foundation has awarded grants in Arizona, California, District of Columbia, Delaware, Florida, Illinois, Minnesota, Missouri, Nevada, New York, Oklahoma, Pennsylvania, Tennessee.
What size grants does The Armand Hammer Foundation award?
In 2022, The Armand Hammer Foundation awarded 7 grants totaling $834K — an average of about $119K per grant, based on its IRS Form 990 filings.
How much is The Armand Hammer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2022, The Armand Hammer Foundation reported a distributable amount of $4.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Armand Hammer Foundation's EIN?
The Armand Hammer Foundation's EIN (Employer Identification Number) is 23-7010813. IRS Form 990 filing data is available on this page for 2020–2022.
Explore Open Grants
Browse active grant opportunities in The Armand Hammer 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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