The Hales Family Foundation Inc
The Hales Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.9M in total assets. In 2024, it awarded 6 grants totaling $421K. Net investment income was $4.7M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.9M
+42.4% YoY
Annual Giving
$421K
+11.4% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$70K
-44.3% YoY
Under IRS private-foundation payout rules, The Hales Family Foundation Inc reported a distributable amount of $708K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hales Family Foundation Inc
Based on IRS filings
The Hales Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.9M in total assets. In 2024, it awarded 6 grants totaling $421K. Net investment income was $4.7M.
Focus Areas
Ready to take the next step with The Hales Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,874,890 | $9,041,898 | $9,244,983 |
| Revenue | $4,842,601 | $577,168 | $584,761 |
| Expenses | $805,928 | $780,253 | $734,004 |
| Qualifying Distributions | $693,981 | $644,215 | $554,398 |
| Net Investment Income | $4,733,654 | $227,753 | $406,552 |
| Distributable Amount | $708,074 | $674,617 | $682,693 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
19 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gs Donor Advised Philanthropy Fund for Wealth Management ($320,000), Pulmonary Fibrosis Foundation ($65,000), Jfk Catholic Preparatory School ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FOLDS OF HONOR OWASSO, OK | GENERAL PURPOSE | $6,000 |
| PULMONARY FIBROSIS FOUNDATION CHICAGO, IL | GENERAL PURPOSE | $65,000 |
| LEUKEMIA & LYMPHOMA SOCIETY PORT CHESTER, NY | GENERAL PURPOSE | $10,000 |
| JFK CATHOLIC PREPARATORY SCHOOL SOMERS, NY | GENERAL PURPOSE | $20,000 |
| OSSINING CHILDREN'S CENTER OSSINING, NY | GENERAL PURPOSE | $100 |
| GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT COHOES, NY | GENERAL PURPOSE | $320,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CAROLYN M WILSON | DIRECTOR | 5 | $71,353 |
| TERENCE HALES | DIRECTOR | 5 | $71,353 |
| WILLIAM P HALES | DIRECTOR | 5 | $71,353 |
| ALICE HALES | DIRECTOR | 5 | — |
| LIANNE T HALES-DUGAN | DIRECTOR | 5 | — |
| ALLISON M GHEEN | DIRECTOR | 5 | $71,353 |
| THOMAS HALES JR | DIRECTOR | 5 | $71,353 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hales Family Foundation Inc?
The Hales Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BALTIMORE, MD. It holds $12.9M in total assets as of 2024.
How large is The Hales Family Foundation Inc?
As of 2024, The Hales Family Foundation Inc holds $12.9M in total assets with $4.8M in annual revenue. It awarded 6 grants totaling $421K in 2024.
Where does The Hales Family Foundation Inc operate?
The Hales Family Foundation Inc has awarded grants in Florida, Illinois, New Jersey, New York, Oklahoma.
What size grants does The Hales Family Foundation Inc award?
In 2024, The Hales Family Foundation Inc awarded 6 grants totaling $421K — an average of about $70K per grant, based on its IRS Form 990 filings.
How much is The Hales Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hales Family Foundation Inc reported a distributable amount of $708K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hales Family Foundation Inc's EIN?
The Hales Family Foundation Inc's EIN (Employer Identification Number) is 13-3801701. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hales Family Foundation Inc's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
The Abell Foundation Inc
BALTIMORE, MD
Assets
$296.4M
Grants
391
Total Given
$13.4M
Rotary Club of Columbia Patuxent
COLUMBIA, MD
Assets
$376K
Grants
1
Total Given
$12K
American Federation for Children Growth
COLUMBIA, MD
Assets
$9.4M
Grants
11
Total Given
$2.4M
Mayfield Scholastic Ltd
BALTIMORE, MD
Assets
—
Grants
1
Total Given
$38K
Baltimore Curriculum Project Inc
BALTIMORE, MD
Assets
$17.3M
Grants
6
Total Given
$2.7M
Government Employees' Benefit
HANOVER, MD
Assets
$3K
Grants
43
Total Given
$108K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Hales Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Hales Family Foundation Inc to a real strategy.