The Hayes Foundation is a private foundation based in New Haven, Connecticut, established in 2003. The foundation is supported by the Richard Hayes estate and operates as a 501(c)(3) organization dedicated to philanthropic grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$30.2M
+4.7% YoY
Annual Giving
$1.7M
+14.1% YoY
Grant Count
56
+5.7% YoY
Avg Grant Size
$31K
+8.0% YoY
Under IRS private-foundation payout rules, The Hayes Foundation reported a distributable amount of $2.0M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's grantmaking priorities include:
- Education
- Human Services
- Healthcare, particularly medical research
- Youth Services
- Philanthropy and Voluntarism
The foundation was established to support organizations that provide services aligned with the family's values and experiences, particularly those addressing areas where the family wished support had been available during times of need.
Grantmaking
Grant Range
$670–$115,000
Ready to take the next step with The Hayes Foundation?
Geographic Focus
Where this funder awards grants
The foundation's grantmaking focuses primarily on:
- New York
- New Mexico
- Connecticut
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $30,237,763
- Total Revenues: $3,449,404
- Total Expenses: $2,028,506
- Total Liabilities: Minimal
As of December 2023:
- Total Assets: $28,900,000
- Total Revenues: $3,750,000
- Total Expenses: $1,790,000
The foundation maintains a lean operational structure with no full-time employees beyond leadership and grant management roles.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $30,237,763 | $28,870,478 | $26,952,213 |
| Revenue | $3,449,404 | $3,748,327 | $1,532,386 |
| Expenses | $2,028,506 | $1,789,761 | $1,857,398 |
| Qualifying Distributions | $1,874,170 | $1,661,185 | $1,722,000 |
| Net Investment Income | $3,174,210 | $972,019 | $889,527 |
| Distributable Amount | $1,978,674 | $1,769,149 | $1,652,827 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Safe Passage ($115,000), Himalayan Cataract Project Inc ($100,000), Girls Inc Santa Fe ($85,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALDEA CHILDREN & FAMILY SERVICES NAPA, CA | FAMILY SERVICES | $30,000 |
| AMERICAN FOUNDATION FOR SUICIDE NEW YORK, NY | MEDICAL | $20,000 |
| APPALACHIAN MOUNTAIN CLUB BOSTON, MA | CONSERVATION | $15,000 |
| BOWDOIN COLLEGE ALUMNI FUND BRUNSWICK, ME | EDUCATIONAL | $30,000 |
| BREAKWATER SAILING CENTER INC SAG HARBOR, NY | EDUCATIONAL | $30,000 |
| CAREER RESOURCES INC BRIDGEPORT, CT | EDUCATIONAL | $35,000 |
| CATAWBA LANDS CONSERVANCY CHARLOTTE, NC | NATURE CONSERVANCY | $10,000 |
| CENTENARY EQUESTRIAN FOUNDATION LLC HACKETTSTOWN, NJ | SUPPORT FOR CENTENARY UNIVERSITY | $30,000 |
| COMMON HOPE ST PAUL, MN | CHILD SERVICES | $30,000 |
| CONNECTICUT FOODSHARE WALLINGFORD, CT | SUSTAINABLE FOOD SOURCE | $60,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board Members:
- Richard "Dick" Becker Hayes – President
- Lindsey Hayes Daly – Executive Director and Treasurer
- Elisabeth Maria Cook – Board Member
- Robynn Kuhns – Grant Manager and Secretary
- Evan Michael Daly – Board Member
- Douglas Michael Hayes – Board Member
- Gregory Stephen Hayes – Board Member
Staff:
- Michael Hayes – Trustee and Executive Director ($80,000 compensation, 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL HAYES | TRUSTEE/EXEC | 20 | $80,000 |
| ELIZABETH CHRISTOPHER | TRUSTEE/EXEC | 5 | $40,000 |
| KATHLEEN HAYES | TRUSTEE/EXEC | 5 | $40,000 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Hayes Foundation fund?
The foundation's grantmaking priorities include: • Education • Human Services • Healthcare, particularly medical research • Youth Services • Philanthropy and Voluntarism The foundation was established to support organizations that provide services aligned with the family's values and experiences, particularly those addressing areas where the family wished support had been available during times of need.
How do I apply for a grant from The Hayes Foundation?
**Grant Activity:** • Made 45 grants in 2024 • Total giving in 2024: $1,726,170 • Typical grant range: $670–$115,000 • Recent notable grants include: • Safe Passage (Child Services): $115,000 • Himalayan Cataract Project (Medical Research): $100,000 • Boys & Girls Clubs of Santa Fe / Del Norte (Youth Education): $85,000
Where does The Hayes Foundation make grants?
The foundation's grantmaking focuses primarily on: • New York • New Mexico • Connecticut
What size grants does The Hayes Foundation award?
In 2024, The Hayes Foundation awarded 56 grants totaling $1.7M — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is The Hayes Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hayes Foundation reported a distributable amount of $2.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hayes Foundation's EIN?
The Hayes Foundation's EIN (Employer Identification Number) is 06-1636828. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hayes Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Christine E Moser Foundation
NEW BRITAIN, CT
Assets
$767K
Grants
7
Total Given
$36K
The Ravengate Foundation
OLD GREENWICH, CT
Assets
$1.2M
Grants
3
Total Given
$70K
Alderman Family Foundation
SALISBURY, CT
Assets
$33K
Grants
5
Total Given
$650
Calf Island Foundation
GREENWICH, CT
Assets
$172K
Grants
1
Total Given
$10K
Russel R Taylor Foundation
GREENWICH, CT
Assets
$2.6M
Grants
3
Total Given
$224K
Nancy a Larson Foundation Inc
OLD LYME, CT
Assets
$9K
Grants
8
Total Given
$12K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Hayes Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Hayes Foundation to a real strategy.