The Hassenfeld Family Foundation

Private foundation · Grantmaker Providence, RI EIN: 05-6015373

The Hassenfeld Family Foundation is a private foundation based in Providence, Rhode Island. Its 2024 filing reports grants to organizations working in areas including health, higher education, and arts and culture, with recipients in several states.

Key facts about The Hassenfeld Family Foundation

In short: The Hassenfeld Family Foundation gave $8.4M across 44 grants in 2024 (avg $190K), top state Rhode Island. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
05-6015373
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$8,360,135
Grants made (2024)
44
Average grant
$190,003
Median grant
$105,000
New grantees (estimate)
22% first-time grantees (5 of 23, 2024; small sample)
Total assets
$55,204,700
Primary geography
Rhode Island (35% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$55.2M

-9.4% YoY

Annual Giving

$8.4M

-16.8% YoY

Grant Count

44

+2.3% YoY

Avg Grant Size

$190K

-18.7% YoY

Under IRS private-foundation payout rules, The Hassenfeld Family Foundation reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.

Is The Hassenfeld Family Foundation open to new grantees?

22%

first-time grantees, 2024

In 2024, 5 of 23 grantees (22%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $306K; repeat grants $379K. How we count

Medians: $100K first-time, $193K repeat.

  • 65% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−16%). Method
  • In 2024 it paid out 242% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The available information does not state a mission for the foundation. Its 2024 grants include support for Brown University’s Alan G. Hassenfeld Child Health Innovation Institute, University of Chicago Medicine’s work on trauma and Chicago’s Southside, the Strong National Museum of Play, and Massachusetts General Hospital’s Hassenfeld Cardiovascular Scholars Program Fund.

Among the grantees, DREAM IT FOUNDATION INC describes its mission as producing and distributing inspirational, motivational, and positive content across media and events, with some content intended to help other foundations. Brandeis University describes itself as a research university and liberal arts college dedicated to advancing the humanities, arts, and sciences. Women & Infants Development Foundation says it serves regional healthcare needs through Women & Infants Hospital of Rhode Island and supports philanthropic generosity and volunteerism.

Grantmaking

In 2024, the foundation reported 44 grants totaling $8,360,135. Grant amounts ranged from $5,989 to $977,550, with a median grant of $105,000.

Among its largest reported grants were $977,550 and $698,700 to Brown University for the Alan G. Hassenfeld Child Health Innovation Institute; $964,174 to University of Chicago Medicine for “Trauma and Chicago’s Southside”; and $500,250 to The Strong National Museum of Play for “Hasbro Game Park and Hasbro Board Game Place.” The filing also lists four separate $295,000 grants to DREAM IT FOUNDATION INC, each with an “Unrestricted” purpose.

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

In 2024, the largest shares of grant dollars went to recipients in Rhode Island (35%), Massachusetts (18%), New York (17%), Florida (14%), and Illinois (12%).

Grant Distribution by State

12states

Share of 2024 grant dollars across all 44 itemized grants.

Cities

ProvidenceNew YorkBostonChicagoDoralWalthamCambridgeRochesterWest Palm BeachKailuaSmithfieldLincolnWarwickWashingtonNewportSan FranciscoBristolCharlottesvilleMiamiNew Haven

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M49 grants2020 54 grants2021 43 grants2022 43 grants2023 44 grants2024

From 2020 to 2024, annual grant giving ranged from $8.0M (2020) to $10.1M (2023). In 2024 it made 44 grants totaling $8.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Brown University: $2.1M across 9 grantsBrown University$2.1M · 9 grantsDream It Foundation Inc: $1.2M across 4 grantsDream It Foundation Inc$1.2M · 4 grantsUniversity Of Chicago Medicine: $964KUniversity Of Chicago Medicine$964KThe Strong National Museum of Play: $610K across 2 grantsThe Strong National Museum ofPlay$610K · 2 grantsMassachusetts General Hospital: $590K across 2 grantsMassachusetts General Hospital$590K · 2 grantsThe Jerusalem Foundation: $522K across 2 grantsThe Jerusalem Foundation$522K · 2 grantsWomen & Infants Development Foundation: $415K across 2 grantsWomen & Infants DevelopmentFoundation$415K · 2 grantsTufts University: $404K across 2 grantsTufts University$404K · 2 grantsBrandeis University: $350K across 2 grantsBrandeis University$350K · 2 grantsJewish Alliance Of Greater Rhode Island: $300K across 3 grantsJewish Alliance Of GreaterRhode Island$300K · 3 grants

The largest 2024 recipient was Brown University ($2.1M across 9 grants). Together the top 10 received $7.4M.

Grant Size Distribution

233 grants across all recorded years

77<$50K39$50–100K43$100–250K54$250–500K14$500K–1M6$1–5M$5M+

The most common grant size was under $50K: 77 grants of 233 (33%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Brown University Providence, RIAlan G. Hassenfeld Child Health Innovation Institute$977,550
University Of Chicago Medicine Chicago, ILTrauma and Chicago's Southside$964,174
Brown University Providence, RIAlan G. Hassenfeld Child Health Innovation Institute$698,700
The Strong National Museum of Play Rochester, NYHasbro Game Park and Hasbro Board Game Place$500,250
Massachusetts General Hospital Boston, MAHassenfeld Cardiovascular Scholars Program Fund$340,275
Dream It Foundation Inc Doral, FLUnrestricted$295,000
Dream It Foundation Inc Doral, FLUnrestricted$295,000
Dream It Foundation Inc Doral, FLUnrestricted$295,000
Dream It Foundation Inc Doral, FLUnrestricted$295,000
The Jerusalem Foundation New York, NYUnrestricted$272,220

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $55,204,700 $2,457,232 $8,939,929 $8,360,135 44
2023 $60,948,225 $10,417,507 $10,673,725 $10,052,341 43
2022 $62,085,494 $2,020,012 $10,246,715 $8,907,925 43
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$55,204,700$60,948,225$62,085,494
Revenue$2,457,232$10,417,507$2,020,012
Expenses$8,939,929$10,673,725$10,246,715
Qualifying Distributions$8,535,855$10,246,856$9,107,997
Net Investment Income$2,100,246$5,336,105$888,763
Distributable Amount$3,528,567$3,400,974$4,114,242

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Alan G. Hassenfeld as President and identifies him as deceased. It lists Ellen Block as Vice President/Treasurer, Susan Block Casdin as Director, and Lori Holland as Secretary.

The Hassenfeld Family Foundation's 2024 filing lists 3 officers; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Susan Block Casdin

    Director

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Ellen Block

    Vice President & Treasurer

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Lori Holland

    Secretary

    On filings since 2020

    35 hrs/week

    No compensation reported

Former officers (1)
  • Former: Alan G Hassenfeld (2020–2024) — President · Filing note: Deceased

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 101 Dyer Street Suite 401, Providence, RI 02903-3908
Phone: (401) 757-5000

Frequently asked questions about The Hassenfeld Family Foundation

How much does The Hassenfeld Family Foundation give each year?

The Hassenfeld Family Foundation gave $8.4M across 44 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $10.1M across 43 grants.

What is The Hassenfeld Family Foundation's typical grant size?

The Hassenfeld Family Foundation's median grant in 2024 was $105,000, and its average grant was $190,003, across 44 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Hassenfeld Family Foundation that year got $306K on average.

Where does The Hassenfeld Family Foundation give grants?

The Hassenfeld Family Foundation's top state is Rhode Island, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Massachusetts (18%) and New York (17%). The most frequent recipient cities were Providence, RI (17 grants), Boston, MA (7 grants), New York, NY (5 grants) and Doral, FL (4 grants).

Does The Hassenfeld Family Foundation give general operating support?

Yes: 32% of The Hassenfeld Family Foundation's 2024 grants with a stated purpose (14 of 44) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Hassenfeld Family Foundation's largest grantees?

The Hassenfeld Family Foundation's largest 2024 grantees include Brown University ($2,112,146 across 9 grants), Dream It Foundation Inc ($1,180,000 across 4 grants) and University Of Chicago Medicine ($964,174), according to its 2024 IRS Form 990-PF. Together they received 51% of its itemized 2024 grant dollars.

How large is The Hassenfeld Family Foundation?

The Hassenfeld Family Foundation reported $55.2M in total assets on its 2024 IRS Form 990-PF. It paid out $8.5M in qualifying distributions that year, against a required minimum of $3.5M (roughly 5% of its investment assets).

What does The Hassenfeld Family Foundation fund?

The available information does not state a mission for the foundation. Its 2024 grants include support for Brown University’s Alan G. See mission & focus areas ↑

How do I apply for a grant from The Hassenfeld Family Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Hassenfeld Family Foundation's EIN?

The Hassenfeld Family Foundation's EIN (Employer Identification Number) is 05-6015373. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Hassenfeld Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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