The Hultquist Foundation

VERO BEACH, FL EIN: 98-0120582

The Hultquist Foundation is a private foundation established in 1965 and based in Jamestown, New York. The foundation focuses on supporting charitable and educational organizations, with a particular emphasis on institutions and causes within its geographic service area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.3M

-3.8% YoY

Annual Giving

$261K

+9.7% YoY

Grant Count

33

+6.5% YoY

Avg Grant Size

$8K

+3.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation prioritizes charitable and educational organizations. Based on recent grantmaking activity, funding areas include:

  • Arts and cultural institutions
  • Educational institutions
  • Historic building preservation and renovation
  • Human services and social services
  • Music and performing arts

Grantmaking

The foundation made 18 grants in the most recent fiscal year, with total giving of $925,029.

Grant Range

** $5,000 to $300,000, with an average award of $45,000 and a median grant of $35,000

Review Cycle

** No earlier than September 10, March 10, or May 10

How to Apply

** Applications are submitted directly to the foundation, not through intermediary platforms. Applicants should refer to the Grant Guidance Letter for detailed instructions.

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Geographic Focus

Where this funder awards grants

Southern Chautauqua County, New York, with primary operations in the Jamestown area. The foundation also has documented giving activity in Vero Beach, Florida.

Grant Distribution by State

11states
+3 more states

Cities

BaltimoreBooneBristolBronxBrooklynCharlotteDurhamElmsfordFalcon HeightsFort PierceGolfGreenwichHartfordHoustonIndependenceMills RiverMineolaNew YorkRochesterSan Diego

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending June 2025:

  • Total Assets: $15,079,758
  • Total Revenues: $1,001,516
  • Total Expenses: $1,014,839
  • Investment Income and Dividends: $440,407
  • Net Gain from Sale of Non-Inventory Assets: $561,024

The foundation generates revenue primarily through investment income and asset sales rather than contributions.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$81K$163K$244K$325K20202021202220232024
Metric202420232022
Total Assets$3,286,622$3,417,067$3,546,582
Revenue$145,295$128,476$174,363
Expenses$275,732$257,988$289,196
Qualifying Distributions$266,867$243,698$281,480
Net Investment Income$140,653$118,186$166,647
Distributable Amount$213,813$237,217$229,414

Giving Over Time

Total grant dollars and number of grants per year

$0$69K$138K$207K$276K29 grants202030 grants202133 grants202231 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN RED CROSS$20KBOYS AND GIRLS CLUB OF I…$10KCHILDCARE RESOURCES$10KCHRYSALIS CENTER INC$10KCLEVELAND CLINIC FOUNDAT…$10KCOVENANT HOUSE$10KEVANS SCHOLARSHIP FOUNDA…$10KFREEDOM COMMUNITIES$10KHEART CARE INTERNATIONAL$10KHOPE FOR NEW YORK$10K

Grant Size Distribution

156 grants across all recorded years

156<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Stephen J. Wright — President
  • Thomas I. Flowers — Vice President
  • John K. Plumb — Vice President
  • Robert F. Rohm Jr. — Secretary/Treasurer

Contact Information: The Hultquist Foundation c/o Stephen J. Wright, Esq. 525 Fairmount Ave. Jamestown, NY 14701 Phone: (716) 483-1122 Email: swright@wrightcalimeri.com

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TIMOTHY A HULTQUISTPRESIDENT1
CYNTHIA HULTQUISTVICE PRESIDENT1
KIRSTEN RASTRICKTRUSTEE1
MATTHEW HULTQUISTTRUSTEE1
ANDREW HULTQUISTTRUSTEE1

Recent News & Activity

Recent developments and announcements

2025

The Hultquist Foundation has maintained a long-standing commitment to supporting the Music School Festival Orchestra at the Chautauqua Institution, with continued sponsorship documented in recent years. The foundation's 2025 grants demonstrate ongoing support for major renovation and capital projects at significant cultural and social service institutions in its region.

THE HUO FAMILY FOUNDATION COMMITS OVER $2.6M TO NINE NEW GRANTS \u2013 Huo\

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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