The Hastings Foundation
The Hastings Foundation is a private foundation focused on Education, based in Pasadena, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $11.3M in total assets. In 2025, it awarded 5 grants totaling $644K. Net investment income was $157K.
The Hastings Foundation at a glance
In short: The Hastings Foundation gave $644K across 5 grants in 2025 (avg $129K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $644,370
- -63.2% vs 2024
- Grants made (2025)
- 5
- +25.0% vs 2024
- Average grant
- $128,874
- -70.5% vs 2024
- Median grant
- $150,000
- Total assets
- $11,282,465
- +2.8% vs 2024
- Primary geography
- Illinois (54% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Hastings Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
The largest 2025 recipient was Huntington Medical Research ($284K). Together the top 5 received $644K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was in the $100–250K range: 8 grants of 18 (44%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 5 itemized grants.
States
Cities
How The Hastings Foundation gives
- Giving fell 61% from 2022 to 2025. Method
- In 2025 it paid out 116% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $644K (2025) to $1.9M (2023). In 2025 it made 5 grants totaling $644K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Huntington Medical Research Pasadena, CA | To Support Vital Medical Research. | $284,370 |
| Pulmonary Fibrosis Foundation Chicago, IL | To support the development of new treatments for pulmonary fibrosis. | $200,000 |
| American Lung Association Chicago, IL | To support research of and cure s for various lung diseases. | $150,000 |
| First United Methodist Church Pasadena, CA | In Memory of Richard Zeiss. | $6,000 |
| Yosemite Conservancy San Francisco, CA | In Memory of Richard Zeiss. | $4,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $11,282,465 | $881,665 | $704,135 | $644,370 | 5 | $649,370 | $156,959 | $562,123 |
| 2024 | $10,973,606 | $805,867 | $1,839,550 | $1,749,881 | 4 | $1,757,385 | $153,319 | $534,370 |
| 2023 | $10,409,097 | $1,851,820 | $2,138,889 | $1,949,154 | 4 | $2,008,221 | $277,713 | $498,843 |
| 2022 | $9,749,513 | $1,736,240 | $1,843,786 | $1,664,609 | 3 | $1,705,729 | $408,506 | $548,628 |
| 2021 | $11,276,734 | $1,607,738 | $1,725,986 | $1,558,804 | 2 | — | $338,261 | $521,270 |
| 2020 | $9,585,072 | $1,488,795 | $1,837,927 | $1,658,179 | 1 | — | $144,315 | $479,420 |
Under IRS private-foundation payout rules, The Hastings Foundation reported a distributable amount of $562K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hastings Foundation is led by John H. Reith, President & Treasurer since 2021 (on filings since 2020); all 6 officers listed in 2025 are compensated.
Officers on the 2025 filing
John H. Reith
President & Treasurer
Treasurer → President & Treasurer, 2021
On filings since 2020
6 hrs/week
$6K (2020) → $10K (2025)
Andrew Crowell
Director
Director → Assistant Treasurer, 2021
Assistant Treasurer → Director, 2022
On filings since 2020
1 hr/week
$4K (2020) → $5K (2025)
Rachel McClements
Director
On filings since 2024
1 hr/week
$3K (2024) → $5K (2025)
Michael Gurevich
Secretary
On filings since 2020
2 hrs/week
$4K (2020) → $5K (2025)
Richard H. Zeiss
Assistant Treasurer
Vice President → Director, 2021
Director → Assistant Treasurer, 2022
On filings since 2020
1 hr/week
$8K (2020) → $2K (2025)
Christianne F. Kerns
Vice President
On filings since 2021
2 hrs/week
$8K (2021) → $5K (2025)
Former officers (1)
- Former: Gene E. Gregg (2020–2021) — President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $10K, to John H Reith (President & Treasurer). 6 officers or directors reported compensation on that filing.
Frequently asked questions about The Hastings Foundation
How much does The Hastings Foundation give each year?
The Hastings Foundation gave $644K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.7M across 4 grants.
What is The Hastings Foundation's typical grant size?
The Hastings Foundation's median grant in 2025 was $150,000, and its average grant was $128,874, across 5 grants on its 2025 IRS Form 990-PF.
Where does The Hastings Foundation give grants?
The Hastings Foundation gives mostly in Illinois: 54% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was California (46%). The most frequent recipient cities were Chicago, IL (2 grants) and Pasadena, CA (2 grants).
Does The Hastings Foundation give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on The Hastings Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The Hastings Foundation's largest grantees?
The Hastings Foundation's largest 2025 grantees include Huntington Medical Research ($284,370), Pulmonary Fibrosis Foundation ($200,000) and American Lung Association ($150,000), according to its 2025 IRS Form 990-PF. Together they received 98% of its itemized 2025 grant dollars.
How large is The Hastings Foundation?
The Hastings Foundation reported $11.3M in total assets on its 2025 IRS Form 990-PF. It paid out $649K in qualifying distributions that year, against a required minimum of $562K (roughly 5% of its investment assets).
What is The Hastings Foundation?
The Hastings Foundation is a private foundation focused on Education, based in Pasadena, CA. It holds $11.3M in total assets as of 2025.
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 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 23, 2026)
- IRS filings on file for fiscal years 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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Cite this profile
Grantable. (2026). The Hastings Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/the-hastings-foundation-morg_6b3bf398c75b4e59892259fb6f4adeaf
BibTeX
@misc{grantable_951642370_2026,
author = {{Grantable}},
title = {{The Hastings Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-hastings-foundation-morg_6b3bf398c75b4e59892259fb6f4adeaf},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Hastings Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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