The Hanafin Foundation Inc
The Hanafin Foundation Inc is a private foundation focused on Education, based in ANNANDALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 8 grants totaling $190K. Net investment income was $166K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.3M
+0.2% YoY
Annual Giving
$190K
-7.8% YoY
Grant Count
8
+0.0% YoY
Avg Grant Size
$24K
-7.8% YoY
Under IRS private-foundation payout rules, The Hanafin Foundation Inc reported a distributable amount of $171K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hanafin Foundation Inc
Based on IRS filings
The Hanafin Foundation Inc is a private foundation focused on Education, based in ANNANDALE, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.3M in total assets. In 2024, it awarded 8 grants totaling $190K. Net investment income was $166K.
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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 | $3,256,310 | $3,251,057 | $3,432,682 |
| Revenue | $216,054 | $77,692 | $12,885 |
| Expenses | $243,745 | $259,317 | $263,311 |
| Qualifying Distributions | $191,668 | $208,230 | $215,000 |
| Net Investment Income | $166,428 | $51,327 | $156,403 |
| Distributable Amount | $171,288 | $168,327 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
31 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Little Flower ($50,000), Diocese of Metuchen ($35,000), Dc Burn Foundation ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DC BURN FOUNDATION WASHINGTON, DC | EDUCATION AND ADVANCED BURN CARE TRAINING | $30,000 |
| DIOCESE OF METUCHEN METUCHEN, NJ | ELIZABETH JOHANTGEN SCHOLARSHIP | $35,000 |
| DIOCESE OF METUCHEN METUCHEN, NJ | FOUNDATION FOR CATHOLIC EDUCATION | $30,000 |
| LITTLE FLOWER PHILADELPHIA, PA | CATHERINE T GRIFFIN SCHOLARSHIP-TUITION ASSISTANCE FOR JUNIORS AND SENIORS OF SINGLE-PARENT FAMILIES | $50,000 |
| NIROGA OAKLAND, CA | DYNAMIC MINDFULNESS | $17,500 |
| RED MILL MUSEUM VILLAGE CLINTON, NJ | RED GOES GREEN - RAMAPO TRIBAL INSTRUCTIONS | $1,760 |
| RED MILL MUSEUM VILLAGE CLINTON, NJ | HANDS-ON HISTORY INITIATIVE & EVENT | $2,000 |
| MIDDLE EARTH BRIDGEWATER, NJ | COLLEGE READINESS | $23,340 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHELSEY F HANAFIN | CHAIRMAN OF THE BOARD | 2 | — |
| JEANETTE H FREY | PRESIDENT | 2 | — |
| DANIELLE WHALEN | VICE PRESIDENT/SECRETARY | 2 | — |
| KAY CHASTONGUAY | VICE PRESIDENT/TREASURER | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hanafin Foundation Inc?
The Hanafin Foundation Inc is a private foundation focused on Education, based in ANNANDALE, NJ. It holds $3.3M in total assets as of 2024.
How large is The Hanafin Foundation Inc?
As of 2024, The Hanafin Foundation Inc holds $3.3M in total assets with $216K in annual revenue. It awarded 8 grants totaling $190K in 2024.
Where does The Hanafin Foundation Inc operate?
The Hanafin Foundation Inc has awarded grants in California, District of Columbia, Massachusetts, Maine, North Carolina, New Jersey, Pennsylvania, Virginia.
What size grants does The Hanafin Foundation Inc award?
In 2024, The Hanafin Foundation Inc awarded 8 grants totaling $190K — an average of about $24K per grant, based on its IRS Form 990 filings.
How much is The Hanafin Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hanafin Foundation Inc reported a distributable amount of $171K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hanafin Foundation Inc's EIN?
The Hanafin Foundation Inc's EIN (Employer Identification Number) is 22-3264870. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hanafin Foundation Inc'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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