The Homestead Foundation Inc

Private foundation · Grantmaker Hobe Sound, FL EIN: 14-1957590

The Homestead Foundation Inc is a private foundation, based in Hobe Sound, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 8 grants totaling $192K. Net investment income was $108K.

The Homestead Foundation Inc at a glance

In short: The Homestead Foundation Inc gave $192K across 8 grants in 2024 (avg $24K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$192,455
-6.4% vs 2023
Grants made (2024)
8
+0.0% vs 2023
Average grant
$24,057
-6.4% vs 2023
Median grant
$7,500
Total assets
$1,524,076
-1.3% vs 2023
Primary geography
New Jersey (65% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Homestead Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Far Hills Country Day School: $125KFar Hills Country Day School$125KNational Sporting Library & Museum: $25K across 2 grantsNational Sporting Library &Museum$25K · 2 grantsThe Hotchkiss Fund: $25KThe Hotchkiss Fund$25KBarnard College: $5KBarnard College$5KFox River Valley Hound Heritage Foundation: $5KFox River Valley HoundHeritage Foundation$5KMFHA Foundation: $5KMFHA Foundation$5KUncommonorg: $2KUncommonorg$2K

The largest 2024 recipient was Far Hills Country Day School ($125K). Together the top 7 received $192K.

Grant Size Distribution

37 grants across all recorded years

32<$50K$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 32 grants of 37 (86%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

Far HillsGladstoneLakevilleMiddleburgNew YorkBarringtonOldwickAmafansettAndoverBasking RidgeBlairstownBlaristownHudsonMiddletownThomasville

How The Homestead Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+19%). Method
  • In 2024 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

$0$100K$200K$300K7 grants2020 7 grants2021 7 grants2022 8 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $155K (2020) to $206K (2023). In 2024 it made 8 grants totaling $192K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Far Hills Country Day School Far Hills, NJGeneral Support$125,455
The Hotchkiss Fund Lakeville, CTGeneral Support$25,000
National Sporting Library & Museum Middleburg, VAGeneral Support$15,000
National Sporting Library & Museum Middleburg, VAGeneral Support$10,000
Barnard College New York, NYGeneral Support$5,000
Fox River Valley Hound Heritage Foundation Barrington, ILGeneral Support$5,000
MFHA Foundation Middleburg, VAGeneral Support$5,000
Uncommonorg Amafansett, NYGeneral Support$2,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$1,524,076$107,695$194,986$192,4558$187,486$107,695$161,828
2023$1,544,221$103,827$205,576$205,5458$205,576$103,827$169,757
2022$1,587,364$97,420$202,876$202,8457$202,876$97,420$189,134
2021$1,612,590$93,331$161,975$161,9447$161,975$93,331$183,635
2020$1,616,164$91,797$158,940$154,9097—$91,797$166,124

Under IRS private-foundation payout rules, The Homestead Foundation Inc reported a distributable amount of $162K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Homestead Foundation Inc is led by Jazz Johnson, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jazz Johnson

    President

    On filings since 2020

    10 hrs/week

    No compensation reported

  • Christopher A. Merton

    Treasurer

    On filings since 2020

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Homestead Foundation Inc

How much does The Homestead Foundation Inc give each year?

The Homestead Foundation Inc gave $192K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $206K across 8 grants.

What is The Homestead Foundation Inc's typical grant size?

The Homestead Foundation Inc's median grant in 2024 was $7,500, and its average grant was $24,057, across 8 grants on its 2024 IRS Form 990-PF.

Where does The Homestead Foundation Inc give grants?

The Homestead Foundation Inc gives mostly in New Jersey: 65% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Virginia (16%) and Connecticut (13%). The most frequent recipient cities were Middleburg, VA (3 grants).

Does The Homestead Foundation Inc give general operating support?

Yes: 100% of The Homestead Foundation Inc's 2024 grants with a stated purpose (8 of 8) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Homestead Foundation Inc's largest grantees?

The Homestead Foundation Inc's largest 2024 grantees include Far Hills Country Day School ($125,455), National Sporting Library & Museum ($25,000 across 2 grants) and The Hotchkiss Fund ($25,000), according to its 2024 IRS Form 990-PF. Together they received 91% of its itemized 2024 grant dollars.

How large is The Homestead Foundation Inc?

The Homestead Foundation Inc reported $1.5M in total assets on its 2024 IRS Form 990-PF. It paid out $187K in qualifying distributions that year, against a required minimum of $162K (roughly 5% of its investment assets).

What is The Homestead Foundation Inc's EIN?

The Homestead Foundation Inc's EIN (Employer Identification Number) is 14-1957590. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Figures come from The Homestead Foundation Inc'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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