The Hastings Foundation is a private foundation focused on Education, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 4 grants totaling $1.7M. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.0M
+5.4% YoY
Annual Giving
$1.7M
-10.2% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$437K
-10.2% YoY
Under IRS private-foundation payout rules, The Hastings Foundation reported a distributable amount of $534K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hastings Foundation
Based on IRS filings
The Hastings Foundation is a private foundation focused on Education, based in PASADENA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 4 grants totaling $1.7M. Net investment income was $153K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,973,606 | $10,409,097 | $9,749,513 |
| Revenue | $805,867 | $1,851,820 | $1,736,240 |
| Expenses | $1,839,550 | $2,138,889 | $1,843,786 |
| Qualifying Distributions | $1,757,385 | $2,008,221 | $1,705,729 |
| Net Investment Income | $153,319 | $277,713 | $408,506 |
| Distributable Amount | $534,370 | $498,843 | $548,628 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
14 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Usc School of Medicine ($1,349,881), Huntington Medical Research ($200,000), American Lung Association ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN LUNG ASSOCIATION CHICAGO, IL | TO SUPPORT RESEARCH OF AND CURE S FOR VARIOUS LUNG DISEASES. | $100,000 |
| HUNTINGTON MEDICAL RESEARCH PASADENA, CA | TO SUPPORT VITAL MEDICAL RESEARCH. | $200,000 |
| PULMONARY FIBROSIS FOUNDATION CHICAGO, IL | TO SUPPORT THE DEVELOPMENT OF NEW TREATMENTS FOR PULMONARY FIBROSIS. | $100,000 |
| USC SCHOOL OF MEDICINE LOS ANGELES, CA | TO SUPPORT VITAL MEDICAL RESEARCH. | $1,349,881 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN H REITH | PRESIDENT & TREASURER | 6 | $11,000 |
| CHRISTIANNE F KERNS | VICE PRESIDENT | 2 | $5,000 |
| MICHAEL GUREVICH | SECRETARY | 2 | $5,000 |
| RICHARD H ZEISS | ASSISTANT TREASURER | 1 | $2,500 |
| ANDREW CROWELL | DIRECTOR | 1 | $5,000 |
| RACHEL MCCLEMENTS | DIRECTOR | 1 | $2,500 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hastings Foundation?
The Hastings Foundation is a private foundation focused on Education, based in PASADENA, CA. It holds $11.0M in total assets as of 2024.
How large is The Hastings Foundation?
As of 2024, The Hastings Foundation holds $11.0M in total assets with $806K in annual revenue. It awarded 4 grants totaling $1.7M in 2024.
Where does The Hastings Foundation operate?
The Hastings Foundation has awarded grants in California, Illinois.
What size grants does The Hastings Foundation award?
In 2024, The Hastings Foundation awarded 4 grants totaling $1.7M — an average of about $437K per grant, based on its IRS Form 990 filings.
How much is The Hastings Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hastings Foundation reported a distributable amount of $534K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hastings Foundation's EIN?
The Hastings Foundation's EIN (Employer Identification Number) is 95-1642370. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hastings Foundation'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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