The Hultquist Foundation
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
156 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIMOTHY A HULTQUIST | PRESIDENT | 1 | — |
| CYNTHIA HULTQUIST | VICE PRESIDENT | 1 | — |
| KIRSTEN RASTRICK | TRUSTEE | 1 | — |
| MATTHEW HULTQUIST | TRUSTEE | 1 | — |
| ANDREW HULTQUIST | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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