The Hazel Farm Property Foundation

Private foundation · Grantmaker Salisbury, MD EIN: 20-1330518

The Hazel Farm Property Foundation is a private foundation, based in Salisbury, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.0M in total assets. In 2025, it made $179K in qualifying distributions. Net investment income was $220K.

Key facts about The Hazel Farm Property Foundation

EIN
20-1330518
Latest 990 filing
Form 990-PF, 2025
Total assets
$3,968,631

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.0M

+1.5% YoY

Revenue

$259K

+69.3% YoY

Qualifying Distributions

$179K

+17.2% YoY

Expenses

$201K

+15.9% YoY

Under IRS private-foundation payout rules, The Hazel Farm Property Foundation reported a distributable amount of $169K for 2025 — the minimum it must pay out in qualifying distributions.

How The Hazel Farm Property Foundation gives

  • Giving fell 92% from 2021 to 2024. Method
  • In 2025 it paid out 106% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

SalisburyAllenEastonRhodesdaleCrisfield

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K9 grants2020 2 grants2021 4 grants2022 2 grants2023 1 grant2024 0 grants2025

From 2020 to 2024, annual grant giving ranged from $250 (2024) to $17K (2020). In 2024 it made 1 grant totaling $250.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 9 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,968,631$3,909,025$3,934,393
Revenue$259,225$153,076$176,236
Expenses$200,599$173,110$160,738
Qualifying Distributions$178,672$152,482$160,174
Net Investment Income$219,958$171,203$150,701
Distributable Amount$168,723$161,089$150,851

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS March 2, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 21, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 2, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 25, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Hazel Farm Property Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Colleen Hazel

    Director

    On filings since 2020

    No compensation reported

  • Morgan Hazel

    Director

    On filings since 2020

    No compensation reported

  • Joseph J. Pearce

    Treasurer

    On filings since 2020

    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 Hazel Farm Property Foundation

How large is The Hazel Farm Property Foundation?

The Hazel Farm Property Foundation reported $4.0M in total assets on its 2025 IRS Form 990-PF. It paid out $179K in qualifying distributions that year, against a required minimum of $169K (roughly 5% of its investment assets).

Where does The Hazel Farm Property Foundation operate?

The Hazel Farm Property Foundation has awarded grants in Maryland.

What is The Hazel Farm Property Foundation's EIN?

The Hazel Farm Property Foundation's EIN (Employer Identification Number) is 20-1330518. 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.

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