The Hayne Foundation
The Hayne Foundation is a private foundation, based in Philadelphia, PA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $8.6M in total assets. Net investment income was $229K.
The Hayne Foundation at a glance
- Total assets
- $8,618,512
- +2.6% vs 2024
- Revenue (2025)
- $277,010
- -28.0% vs 2024
- Net investment income (2025)
- $229,090
- -32.4% vs 2024
- Expenses (2025)
- $57,920
- +17.9% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Hayne Foundation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $1–5M range: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How The Hayne Foundation gives
- In 2024 it paid out 1% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 2022 to 2023, annual grant giving ranged from $2.0M (2023) to $3.0M (2022). In 2023 it made 1 grant totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Westphal College of Media Arts & Design Philadelphia, PA | Education | $2,000,000 |
Ready to take the next step with The Hayne Foundation?
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 | $8,618,512 | $277,010 | $57,920 | — | — | — | $229,090 | $580,604 |
| 2024 | $8,402,080 | $384,890 | $49,107 | — | — | $2,887 | $338,670 | $491,331 |
| 2023 | $8,066,297 | $214,025 | $2,042,243 | $2,000,000 | 1 | $2,002,887 | $174,669 | $418,073 |
| 2022 | $9,894,596 | $9,351,589 | $3,034,515 | $3,000,000 | 1 | $3,002,957 | $38,571 | $399,766 |
| 2021 | $3,568,540 | $74,217 | $17,222 | — | — | — | $58,045 | $211,246 |
| 2020 | $3,511,374 | $120,846 | $23,968 | — | — | — | $102,653 | $167,719 |
Under IRS private-foundation payout rules, The Hayne Foundation reported a distributable amount of $581K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hayne Foundation is led by Richard A. Hayne, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard A. Hayne
President
On filings since 2020
0.5 hrs/week
No compensation reported
Freeman Zausner
Secretary
On filings since 2020
0.5 hrs/week
No compensation reported
Margaret Hayne
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
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.
Frequently asked questions about The Hayne Foundation
How large is The Hayne Foundation?
The Hayne Foundation reported $8.6M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $277K.
Where does The Hayne Foundation operate?
The Hayne Foundation has awarded grants in Pennsylvania.
How much is The Hayne Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Hayne Foundation reported a distributable amount of $581K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hayne Foundation's EIN?
The Hayne Foundation's EIN (Employer Identification Number) is 23-2870131. 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 August 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Hayne Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common
The Morris Wheeler Foundation
Atlanta, GA
Assets
$65K
Grants
3
Total Given
$3K
Norman C Schultz Foundation
Rancho Santa Fe, CA
Assets
$1.6M
Grants
5
Total Given
$20K
Robert C White School Boy Rowing
Saint Louis, MO
Assets
$694K
Grants
6
Total Given
$34K
The Barrist Family Foundation
Gwynedd Valley, PA
Assets
$3.0M
Grants
8
Total Given
$188K
Nutt Family Foundation
Saratoga Springs, NY
Assets
$452K
Grants
8
Total Given
$201K
Kilduff Family Foundation
Blue Bell, PA
The foundation supports education, aviation-related organizations, and community groups, with most of its giving going to Pennsylvania. In 2025, it made 15 grants of $500 to $11,000, with a median grant of $1,000. It does not accept unsolicited requests and gives only to preselected organizations.
Assets
$883K
Grants
15
Total Given
$40K
More similar funders
More Funders in Pennsylvania
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Hayne 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.
The Hayne Foundation down — hundreds of funders to go?