The Hastings Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 7 grants totaling $229K. Net investment income was $297K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.0M
-1.7% YoY
Annual Giving
$229K
-13.9% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$33K
-13.9% YoY
Under IRS private-foundation payout rules, The Hastings Foundation Inc reported a distributable amount of $270K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hastings Foundation Inc
Based on IRS filings
The Hastings Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 7 grants totaling $229K. Net investment income was $297K.
Focus Areas
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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 | $3,954,649 | $4,022,105 | $4,185,807 |
| Revenue | $379,158 | $173,371 | $119,432 |
| Expenses | $340,339 | $373,057 | $330,514 |
| Qualifying Distributions | $261,305 | $298,458 | $252,021 |
| Net Investment Income | $297,389 | $95,752 | $84,720 |
| Distributable Amount | $270,198 | $255,473 | $268,527 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
39 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hand in Hand- Mano En Mano ($75,000), Maine Community Foundation ($63,000), Cu College of Physicians and Surgeons ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BLUE HILL HERITATGE TRUST BLUE HILL, ME | GENERAL | $1,000 |
| COLDSPRINGS HARBOR LAB COLD SPRINGS HARBOR, NY | MEDICAL RESEARCH | $5,000 |
| CU COLLEGE OF PHYSICIANS AND SURGEONS NEW YORK, NY | HEALTH CARE | $50,000 |
| FRIENDS WITHOUT A BORDER NEW YORK, NY | MEDICAL | $30,000 |
| HAND IN HAND- MANO EN MANO MILBRIDGE, ME | GENERAL | $75,000 |
| MAINE COMMUNITY FOUNDATION ELLSWORTH, ME | GENERAL | $63,000 |
| NATIONAL RESOURCES CENTER OF MAINE HALLOWELL, ME | GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES L STONE JR | CHAIRMAN | 3 | — |
| SARA S STONE | DIRECTOR | 32 | $25,000 |
| CHARLES L STONE III | TREASURER | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hastings Foundation Inc?
The Hastings Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DARIEN, CT. It holds $4.0M in total assets as of 2024.
How large is The Hastings Foundation Inc?
As of 2024, The Hastings Foundation Inc holds $4.0M in total assets with $379K in annual revenue. It awarded 7 grants totaling $229K in 2024.
Where does The Hastings Foundation Inc operate?
The Hastings Foundation Inc has awarded grants in Connecticut, District of Columbia, Maine, New York.
What size grants does The Hastings Foundation Inc award?
In 2024, The Hastings Foundation Inc awarded 7 grants totaling $229K — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is The Hastings Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hastings Foundation Inc reported a distributable amount of $270K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hastings Foundation Inc's EIN?
The Hastings Foundation Inc's EIN (Employer Identification Number) is 20-8162714. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hastings 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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