The Hyman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRHOPE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 15 grants totaling $22K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$376K
-2.6% YoY
Annual Giving
$22K
-3.7% YoY
Grant Count
15
+0.0% YoY
Avg Grant Size
$1K
-3.7% YoY
Under IRS private-foundation payout rules, The Hyman Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hyman Foundation
Based on IRS filings
The Hyman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRHOPE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $376K in total assets. In 2024, it awarded 15 grants totaling $22K. Net investment income was $15K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $375,543 | $385,713 | $397,165 |
| Revenue | $16,454 | $20,098 | $17,789 |
| Expenses | $26,875 | $27,629 | $29,332 |
| Qualifying Distributions | $23,150 | $23,750 | $25,675 |
| Net Investment Income | $14,769 | $15,852 | $15,490 |
| Distributable Amount | $24,647 | $22,766 | $24,008 |
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
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Springhill Avenue Temple ($2,500), Michael J Fox Foundation ($2,000), Mitchell Cancer Institute ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BALDWIN FAMILY VILLAGE FOUNDATION FAIRHOPE, AL | GENERAL PURPOSES | $1,500 |
| DISTINGUISHED YOUNG WOMEN MOBILE, AL | COMMUNITY SERVICE AWARD | $1,000 |
| MICHAEL J FOX FOUNDATION NEW YORK, NY | RESEARCH | $2,000 |
| MULHERIN HOME MOBILE, AL | GENERAL PURPOSES | $1,875 |
| NORTH BALDWIN ANIMAL SHELTER BAY MINETTE, AL | GENERAL PURPOSES | $1,000 |
| SPRINGHILL AVENUE TEMPLE MOBILE, AL | CEMETERY FUND | $2,500 |
| THOMAS HOSPITAL FOUNDATION FAIRHOPE, AL | THE LIFE EVENT | $500 |
| BIG BROTHERS BIG SISTERS OF THE CENTRAL GULF COAST MOBILE, AL | GENERAL PURPOSES | $1,000 |
| DUMAS WESLEY COMMUNITY CENTER MOBILE, AL | GENERAL PURPOSES | $1,875 |
| FRIENDS OF THE ANIMAL SHELTER MOBILE, AL | GENERAL PURPOSES | $1,875 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT L HYMAN | TRUSTEE | 0.25 | — |
| PHILIP J HYMAN | TRUSTEE | 0.25 | — |
| CATHY H MOSTELLER | TRUSTEE | 0.25 | — |
| ELLEN H CUNNINGHAM | TRUSTEE | 0.25 | — |
| CLIFTON MOSTELLER | TRUSTEE AND PRESIDENT | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hyman Foundation?
The Hyman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FAIRHOPE, AL. It holds $376K in total assets as of 2024.
How large is The Hyman Foundation?
As of 2024, The Hyman Foundation holds $376K in total assets with $16K in annual revenue. It awarded 15 grants totaling $22K in 2024.
Where does The Hyman Foundation operate?
The Hyman Foundation has awarded grants in Alabama, Arizona, Georgia, New York.
What size grants does The Hyman Foundation award?
In 2024, The Hyman Foundation awarded 15 grants totaling $22K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Hyman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hyman Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hyman Foundation's EIN?
The Hyman Foundation's EIN (Employer Identification Number) is 72-6186167. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hyman Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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