The Edward and Caroline Hyman Family
The Edward and Caroline Hyman Family Foundation is a private foundation based in New York City, New York. The foundation operates as a charitable trust entity, with its principal address located at 10 Gracie Square, Apartment 9H, New York City, NY 10028.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.4M
Annual Giving
$6.3M
Grant Count
22
Avg Grant Size
$287K
Under IRS private-foundation payout rules, The Edward and Caroline Hyman Family reported a distributable amount of $727K for 2024 — the minimum it must pay out in qualifying distributions.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
The foundation maintains its financial records and files annual Form 990-PF returns with the Internal Revenue Service as required for private foundations.
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $16,368,786 | — |
| Revenue | $32,769,951 | — |
| Expenses | $6,440,843 | — |
| Qualifying Distributions | $6,314,662 | — |
| Net Investment Income | $7,685,547 | — |
| Distributable Amount | $727,322 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Massachusetts Institute of Technology ($5,000,000), Soteria Precision Medicine Foundation ($500,000), Youth Sports Alliance ($204,714).
| Recipient | Purpose | Amount |
|---|---|---|
| BALLET COLLECTIVE NEW YORK, NY | CHARITABLE DONATION | $2,000 |
| COMFORT ZONE CAMP RICHMOND, VA | CHARITABLE DONATION | $1,500 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGY CAMBRIDGE, MA | CHARITABLE DONATION | $5,000,000 |
| MUSEUM OF CHINESE IN AMERICA NEW YORK, NY | CHARITABLE DONATION | $25,000 |
| PLAY RUGBY USA NEW YORK, NY | CHARITABLE DONATION | $10,000 |
| NY PUBLIC LIBRARY NEW YORK, NY | CHARITABLE DONATION | $125,767 |
| YOUTH SPORTS ALLIANCE PARK CITY, UT | CHARITABLE DONATION | $204,714 |
| AMERICAN ACADEMY IN ROME NEW YORK, NY | CHARITABLE DONATION | $25,000 |
| MILTON ACADEMY MILTON, MA | CHARITABLE DONATION | $10,000 |
| NEW YORK CITY CENTER NEW YORK, NY | CHARITABLE DONATION | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDWARD S HYMAN | TRUSTEE | 5 | — |
| CAROLINE H HYMAN | TRUSTEE | 5 | — |
Frequently Asked Questions
What size grants does The Edward and Caroline Hyman Family award?
In 2024, The Edward and Caroline Hyman Family awarded 22 grants totaling $6.3M — an average of about $287K per grant, based on its IRS Form 990 filings.
How much is The Edward and Caroline Hyman Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Edward and Caroline Hyman Family reported a distributable amount of $727K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2023–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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