The Austin & Gabriela Hearst Foundation

Private foundation · Grantmaker New York, NY EIN: 22-6748476

The Austin & Gabriela Hearst Foundation is a private foundation based in New York, NY. Its 2025 filing lists grants to organizations working in areas including arts and culture, civil liberties, brain health, and psychedelic-assisted therapy; these are areas reflected in the grantees’ own descriptions and do not constitute a stated foundation mission.

Key facts about The Austin & Gabriela Hearst Foundation

In short: The Austin & Gabriela Hearst Foundation gave $2.9M across 27 grants in 2025 (avg $107K), mostly in New York. 59% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
22-6748476
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,896,802
Grants made (2025)
27
Average grant
$107,289
Median grant
$50,000
New grantees (estimate)
59% first-time grantees (16 of 27, 2025)
Total assets
$188,363
Primary geography
New York (57% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$188K

-51.8% YoY

Annual Giving

$2.9M

-9.8% YoY

Grant Count

27

+28.6% YoY

Avg Grant Size

$107K

-29.9% YoY

Under IRS private-foundation payout rules, The Austin & Gabriela Hearst Foundation reported a distributable amount of $15K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Austin & Gabriela Hearst Foundation open to new grantees?

59%

first-time grantees, 2025

In 2025, 16 of 27 grantees (59%) were first-time recipients. First grants averaged $66K; repeat grants $167K. How we count

Medians: $50K first-time, $100K repeat.

  • 37% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+9%). Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s own filing does not state a mission. Its 2025 grants included cultural institutions such as the Metropolitan Museum of Art and Pioneer Works, as well as organizations whose stated work spans civil liberties, brain health, public-good initiatives, and psychedelic therapy.

Among its grantees, the American Civil Liberties Union describes its mission as advancing civil liberties and legal rights. BrainFutures says it provides information about brain health advances and works on policy, regulation, and reimbursement to support equitable access to treatments. Healing Advocacy Fund describes its work as supporting state-regulated psychedelic therapy programs, including those approved by voters in Oregon and Colorado.

Grantmaking

In filing year 2025, the foundation reported 27 grants totaling $2,896,802. Grants ranged from $5,000 to $560,000, with a median of $50,000. Its largest reported grants included $560,000 to Pioneer Works, $317,000 to the Center for Consciousness Medicine, $250,000 to the American Civil Liberties Union, $225,000 to the Metropolitan Museum of Art, and $173,000 to Panorama Global. The filing listed each of these grants’ purpose as “GENERAL.”

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Geographic Focus

Where this funder awards grants

In filing year 2025, 57% of grant dollars went to recipients in New York, 22% to California, 6% to Washington, 4% to Maryland, and 3% to Washington, DC.

Grant Distribution by State

17states

Share of all 27 itemized 2025 grant dollars.

Cities

New YorkSan FranciscoWashingtonBrooklynWoodsideEugeneSanta CruzSeattleTakoma ParkAlexandriaAndoverBaltimoreDenverRichmondSanta RosaWashington DCChicagoLuthervilleLuthervilletimoniumMiami

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M16 grants202011 grants202121 grants202214 grants202321 grants202427 grants2025

From 2020 to 2025, annual grant giving ranged from $1.5M (2021) to $3.2M (2024). In 2025 it made 27 grants totaling $2.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Pioneer Works: $560KPioneer Works$560KCenter for Consciousness Medicine: $317KCenter for ConsciousnessMedicine$317KAmerican Civil Liberties Union: $250KAmerican Civil Liberties Union$250KThe Metropolitan Museum of Art: $225KThe Metropolitan Museum of Art$225KPanorama Global: $173KPanorama Global$173KColumbia University: $150KColumbia University$150KBrainfutures: $125KBrainfutures$125KThe 1440 Foundation Saratoga: $120KThe 1440 Foundation Saratoga$120KFriends of the Musee Des Arts: $110KFriends of the Musee Des Arts$110KHopewell Fund: $100KHopewell Fund$100K

The largest 2025 recipient was Pioneer Works ($560K). Together the top 10 received $2.1M.

Grant Size Distribution

94 grants across all recorded years

24<$50K25$50–100K31$100–250K9$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 31 grants of 94 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Pioneer Works Brooklyn, NYGeneral$560,000
Center for Consciousness Medicine Woodside, CAGeneral$317,000
American Civil Liberties Union New York, NYGeneral$250,000
The Metropolitan Museum of Art New York, NYGeneral$225,000
Panorama Global Seattle, WAGeneral$173,000
Columbia University New York, NYGeneral$150,000
Brainfutures Lutherville, MDGeneral$125,000
The 1440 Foundation Saratoga Saratoga, CAGeneral$120,000
Friends of the Musee Des Arts New York, NYGeneral$110,000
Hopewell Fund Washington DC, DCGeneral$100,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant total Grant count
2025 $188,363 $2,700,000 $2,902,502 $2,896,802 27
2024 $390,865 $3,500,000 $3,225,437 $3,212,104 21
2023 $116,302 $1,850,000 $1,925,921 $1,922,704 14
Revenue
Expenses
Qualifying Distributions
$0$1M$2M$3M$4M202020212022202320242025
Metric202520242023
Total Assets$188,363$390,865$116,302
Revenue$2,700,000$3,500,000$1,850,000
Expenses$2,902,502$3,225,437$1,925,921
Qualifying Distributions$2,896,802$3,212,104$1,922,704
Net Investment Income———
Distributable Amount$15,462$8,310$7,949

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Austin Hearst, Gabriela Hearst, and Steven M. Loeb as trustees.

The Austin & Gabriela Hearst Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Austin Hearst

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gabriela Hearst

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven M. Loeb

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: Co Grassi 750 Third Ave Fl 28, New York, NY 10017
Phone: (212) 661-6166

Frequently asked questions about The Austin & Gabriela Hearst Foundation

How much does The Austin & Gabriela Hearst Foundation give each year?

The Austin & Gabriela Hearst Foundation gave $2.9M across 27 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.2M across 21 grants.

What is The Austin & Gabriela Hearst Foundation's typical grant size?

The Austin & Gabriela Hearst Foundation's median grant in 2025 was $50,000, and its average grant was $107,289, across 27 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Austin & Gabriela Hearst Foundation that year got $66K on average.

Where does The Austin & Gabriela Hearst Foundation give grants?

The Austin & Gabriela Hearst Foundation gives mostly in New York: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were California (22%) and Washington (6%). The most frequent recipient cities were New York, NY (11 grants), San Francisco, CA (3 grants) and Brooklyn, NY (2 grants).

Does The Austin & Gabriela Hearst Foundation give general operating support?

Yes: 100% of The Austin & Gabriela Hearst Foundation's 2025 grants with a stated purpose (27 of 27) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Austin & Gabriela Hearst Foundation's largest grantees?

The Austin & Gabriela Hearst Foundation's largest 2025 grantees include Pioneer Works ($560,000), Center for Consciousness Medicine ($317,000) and American Civil Liberties Union ($250,000), according to its 2025 IRS Form 990-PF. Together they received 39% of its itemized 2025 grant dollars.

How large is The Austin & Gabriela Hearst Foundation?

The Austin & Gabriela Hearst Foundation reported $188K in total assets on its 2025 IRS Form 990-PF. It paid out $2.9M in qualifying distributions that year, against a required minimum of $15K (roughly 5% of its investment assets).

What does The Austin & Gabriela Hearst Foundation fund?

The foundation’s own filing does not state a mission. Its 2025 grants included cultural institutions such as the Metropolitan Museum of Art and Pioneer Works, as well as organizations whose stated work spans civil liberties, brain health, public-good initiatives, and psychedelic therapy. See mission & focus areas ↑

How do I apply for a grant from The Austin & Gabriela Hearst Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Austin & Gabriela Hearst Foundation's EIN?

The Austin & Gabriela Hearst Foundation's EIN (Employer Identification Number) is 22-6748476. IRS Form 990 filing data is available on this page for 2020–2025.

Does The Austin & Gabriela Hearst Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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