The Edward and Caroline Hyman Family
The Edward and Caroline Hyman Family is a private foundation based in New York, NY. In 2025, it gave $10,877,148 through 42 grants to organizations including universities, arts organizations, schools, and community and service organizations.
Key facts about The Edward and Caroline Hyman Family
In short: The Edward and Caroline Hyman Family gave $10.9M across 42 grants in 2025 (avg $259K), top state Texas. Source: 2025 IRS Form 990-PF.
- EIN
- 99-6131254
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $10,877,148
- Grants made (2025)
- 42
- Average grant
- $258,980
- Median grant
- $10,000
- Total assets
- $23,179,358
- Primary geography
- Texas (46% of itemized 2025 grant dollars)
- How to apply
- Submit a written grant proposal with documentation evidencing the organization’s exempt status. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. 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
$23.2M
+41.6% YoY
Annual Giving
$10.9M
+72.3% YoY
Grant Count
42
+90.9% YoY
Avg Grant Size
$259K
-9.8% YoY
Under IRS private-foundation payout rules, The Edward and Caroline Hyman Family reported a distributable amount of $1.5M for 2025 — the minimum it must pay out in qualifying distributions.
How The Edward and Caroline Hyman Family gives
- 24% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 704% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No foundation mission is stated. Its 2025 grants show support for organizations working in varied fields. For example, MIT describes its mission as advancing knowledge and educating students in science, technology, and other areas of scholarship. New York City Center says it aims to be New York City’s leading center for dance and musical theater and to make the arts accessible to a broad audience. Texas One Fund says it works to maximize positive community impact by helping Texas collegiate athletes succeed.
Grantmaking
In 2025, the foundation made 42 grants totaling $10,877,148. Grant amounts ranged from $500 to $4,959,846, with a median of $10,000. Its largest awards were $4,959,846 to the Massachusetts Institute of Technology and $4,899,846 to The University of Texas, both listed as charitable donations. Other notable grants included $130,000 to American Ballet Theatre, $110,000 to Lincoln Center, $100,000 to Texas One Fund, and $100,000 to New York City Ballet.
The foundation’s filing states that giving is not restricted to preselected organizations. It instructs applicants to submit a written grant proposal and documentation evidencing the organization’s exempt status. The listed contact for proposals is trustee Edward S Hyman. The filing lists no restrictions on awards.
How to Apply
Submit a written grant proposal with documentation evidencing the organization’s exempt status. The filing lists Edward S Hyman as the contact and states that awards have no restrictions.
Ready to take the next step with The Edward and Caroline Hyman Family?
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars went primarily to recipients in Texas (46%) and Massachusetts (46%), followed by New York (7%). The filing also lists grants to recipients in New Hampshire and Virginia, each shown as 0% of grant dollars.
Grant Distribution by State
Share of 2025 grant dollars across all 42 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $6.3M (2024) to $10.9M (2025). In 2025 it made 42 grants totaling $10.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Massachusetts Institute of Technology ($5.0M). Together the top 10 received $10.5M.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 44 grants of 64 (69%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Massachusetts Institute of Technology Cambridge, MA | Charitable Donation | $4,959,846 |
| The University of Texas Austin, TX | Charitable Donation | $4,899,846 |
| American Ballet Theatre New York, NY | Charitable Donation | $130,000 |
| Lincoln Center New York, NY | Charitable Donation | $110,000 |
| Texas One Fund Austin, TX | Charitable Donation | $100,000 |
| New York City Ballet New York, NY | Charitable Donation | $100,000 |
| New York City Center New York, NY | Charitable Donation | $75,956 |
| Saint David's School New York, NY | Charitable Donation | $60,000 |
| Harlem Children's Zone New York, NY | Charitable Donation | $55,000 |
| Friends of Notre Dame De Paris Etna, NH | Charitable Donation | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $23,179,358 | $31,741,255 | $10,878,243 | $10,877,148 | 42 |
| 2024 | $16,368,786 | $32,769,951 | $6,440,843 | $6,313,481 | 22 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $23,179,358 | $16,368,786 | — |
| Revenue | $31,741,255 | $32,769,951 | — |
| Expenses | $10,878,243 | $6,440,843 | — |
| Qualifying Distributions | $10,878,243 | $6,314,662 | — |
| Net Investment Income | $644,455 | $7,685,547 | — |
| Distributable Amount | $1,546,046 | $727,322 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Edward S Hyman and Caroline H Hyman as trustees.
The Edward and Caroline Hyman Family's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Caroline H. Hyman
Trustee
On filings since 2023
5 hrs/week
No compensation reported
Edward S. Hyman
Trustee
On filings since 2023
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Edward S Hyman
Mailing address: 10 Gracie Square Apt 9H, New York, NY 10028
Phone: (212) 407-4000
Frequently asked questions about The Edward and Caroline Hyman Family
How much does The Edward and Caroline Hyman Family give each year?
The Edward and Caroline Hyman Family gave $10.9M across 42 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $6.3M across 22 grants.
What is The Edward and Caroline Hyman Family's typical grant size?
The Edward and Caroline Hyman Family's median grant in 2025 was $10,000, and its average grant was $258,980, across 42 grants on its 2025 IRS Form 990-PF.
Where does The Edward and Caroline Hyman Family give grants?
The Edward and Caroline Hyman Family's top state is Texas, with 46% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Massachusetts (46%) and New York (7%). The most frequent recipient cities were New York, NY (26 grants) and Austin, TX (2 grants).
Does The Edward and Caroline Hyman Family give general operating support?
Not in 2025: none of the 42 grants with a stated purpose on The Edward and Caroline Hyman Family's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable Donation" (42 grants).
Who are The Edward and Caroline Hyman Family's largest grantees?
The Edward and Caroline Hyman Family's largest 2025 grantees include Massachusetts Institute of Technology ($4,959,846), The University of Texas ($4,899,846) and American Ballet Theatre ($130,000), according to its 2025 IRS Form 990-PF. Together they received 92% of its itemized 2025 grant dollars.
How large is The Edward and Caroline Hyman Family?
The Edward and Caroline Hyman Family reported $23.2M in total assets on its 2025 IRS Form 990-PF. It paid out $10.9M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What does The Edward and Caroline Hyman Family fund?
No foundation mission is stated. Its 2025 grants show support for organizations working in varied fields. For example, MIT describes its mission as advancing knowledge and educating students in science, technology, and other areas of scholarship. See mission & focus areas ↑
How do I apply for a grant from The Edward and Caroline Hyman Family?
Submit a written grant proposal with documentation evidencing the organization’s exempt status. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Edward and Caroline Hyman Family's EIN?
The Edward and Caroline Hyman Family's EIN (Employer Identification Number) is 99-6131254. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching The Edward and Caroline Hyman Family by hand.
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Cite this profile
Grantable. (2026). The Edward and Caroline Hyman Family funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/the-edward-and-caroline-hyman-family-morg_c48f8be1c51243d78345ec62a55ce769
BibTeX
@misc{grantable_996131254_2026,
author = {{Grantable}},
title = {{The Edward and Caroline Hyman Family funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-edward-and-caroline-hyman-family-morg_c48f8be1c51243d78345ec62a55ce769},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Edward and Caroline Hyman Family's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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