The Hartwell Foundation Corporation is a private foundation established in 1996, based in Essex, New York. The organization operates as a 501(c)(3) entity with a staff of three employees. The foundation focuses on funding biomedical research with applications that benefit children in the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57.8M
+25.4% YoY
Annual Giving
$2.1M
-1.7% YoY
Grant Count
12
-20.0% YoY
Avg Grant Size
$177K
+22.9% YoY
Mission & Focus Areas
Primary Mission
The foundation's primary mission is to grant awards to individuals for innovative and cutting-edge biomedical applied research that will potentially benefit children. The foundation targets early-stage research projects that have not yet qualified for funding from traditional sources. Recipients and the children who benefit should be citizens of the United States. The Primary Mission is led by the President.
Additional Missions
The foundation also supports special projects that directly benefit the health and well-being of children in the United States. These Additional Missions are led by the Chief Executive Officer. All missions of the foundation are considered of equal importance.
Guiding Principle
The foundation's approach is to be unique, selective, thorough, and accountable. The organization insists that recipients utilize funds efficiently and responsibly, providing opportunities for those supported to make a difference and realize their hopes and dreams.
Grantmaking
The foundation made 17 grants in the most recent reporting year. Typical award amounts range from $11,000 to $1,000,000.
How to Apply
. Only those nominated by participating institutions are considered for funding. All funding aligns with the foundation's mission to invest in projects that directly benefit the health and well-being of children in the United States.
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on Virginia, Pennsylvania, and North Carolina. Recipients and beneficiaries should be citizens of the United States.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets and Giving (2024)
- Total assets: $57,794,443
- Total giving: $2,125,000
- Total expenses: $6,210,816
Revenue (2024)
- Total revenues: -$286,076
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,794,443 | $46,079,635 | $46,392,645 |
| Revenue | $-286,076 | $-21,629,643 | $5,256,698 |
| Expenses | $6,210,816 | $7,406,761 | $7,066,444 |
| Qualifying Distributions | $6,073,206 | $7,382,627 | $6,900,783 |
| Net Investment Income | $281,409 | $280,808 | $2,756,542 |
| Distributable Amount | — | — | — |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LARRY H SMEAD | CHAIRMAN/CEO | 20 | — |
| FREDERICK DOMBROSE | PRESIDENT | 40 | $185,824 |
| ROBERT WOLFERT | VP | 40 | $153,144 |
Recent News & Activity
Recent developments and announcements
The foundation announced the 2025 Hartwell Top Ten Centers of Biomedical Research Awards. Case Western Reserve University was again selected as one of the nation's Top 10 Centers for Biomedical Research. In 2023, faculty members from the University of Pennsylvania—Kyle H. Vining and Julia T. Warren—were named Hartwell Foundation Awardees.
The Hartwell Foundation Corp Mr Russell J Hensley - Full FilingSubject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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