The Maximilian E and Marion O Hoffman

WEST HARTFORD, CT EIN: 22-2648036

The Maximilian E and Marion O Hoffman Foundation Inc. is a family foundation established in 1986 in Connecticut as a successor foundation. Based in West Hartford, CT, the foundation operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$45.8M

+0.5% YoY

Annual Giving

$2.1M

+8.2% YoY

Grant Count

54

+8.0% YoY

Avg Grant Size

$38K

+0.2% YoY

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

Mission & Focus Areas

The foundation's primary funding interests include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Natural Resource Conservation
  • Community Health

Grantmaking

In fiscal 1988, the foundation distributed $270,000 in grants with assets of $10 million. By fiscal 1989, assets had grown to $24.8 million with total grants of $422,500.

Grant Range

$2,500–$500,000

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Connecticut
  • Maine
  • Rhode Island
  • New York

Grant Distribution by State

8states

Cities

AvonBar HarborBloomfieldBranfordBridgeportBristolBrooklynCantonCenterbrookCentral FallsCheshireCromwellDanburyDarienDerbyEast HaddamEast HartfordEast WindsorEnfieldFairfield

Financial History

Multi-year comparison from IRS filings

Current (2025 IRS Form 990):

  • Total assets: $45,812,350
  • Total giving: $2,052,090

Historical Growth:

  • Fiscal 1988: $10 million in assets
  • Fiscal 1989: $24.8 million in assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$908K$2M$3M$4M20212022202320242025
Metric202520242023
Total Assets$45,812,350$45,569,625$45,693,954
Revenue$3,301,819$2,787,339$2,444,858
Expenses$3,059,094$2,911,668$2,979,421
Qualifying Distributions$2,344,804$2,188,049$2,353,784
Net Investment Income$2,670,171$2,193,130$2,282,696
Distributable Amount$2,435,233$2,343,637$2,178,932

Giving Over Time

Total grant dollars and number of grants per year

$0$565K$1M$2M$2M49 grants202147 grants202252 grants202350 grants202454 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

PRESIDENT AND TRUSTEES O…$250KJACKSON LABORATORY$150KMIDDLESEX HOSPITAL$150KDOWNTOWN EVENING SOUP KI…$100KGOODWIN UNIVERSITY$75KMY SISTER'S PLACE INC$65KFOUNDATION FOR THE ADVAN…$50KPROVIDENCE COLLEGE$50KINTENSIVE EDUCATION ACAD…$50KDANBURY HOSPITAL & NEW M…$50K

Grant Size Distribution

246 grants across all recorded years

172<$50K45$50–100K23$100–250K4$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

MARION L BARRAKPRESIDENT/DIRECTOR$150KMICHAEL B CHAHOTREASURER/CFO$134KSAMI BARRAKVICE PRESIDENT/SECRETARY$113KROBERT M JERESATY MDDIRECTOR (RESIGNED 2/25/25)$11KMARIE GUSTIN PHDDIRECTOR$11KANN MARIE FAULISODIRECTOR$11K

From 2025 filing

NameTitleHoursCompensation
MARION L BARRAKPRESIDENT/DIRECTOR40$150,480
MICHAEL B CHAHOTREASURER/CFO40$134,420
SAMI BARRAKVICE PRESIDENT/SECRETARY40$112,530
ROBERT M JERESATY MDDIRECTOR (RESIGNED 2/25/25)2$11,000
MARIE GUSTIN PHDDIRECTOR2$11,000
ANN MARIE FAULISODIRECTOR2$11,000
JOSEPH R JERESATYDIRECTOR (APPOINTED 3/1/25)2

Recent News & Activity

Recent developments and announcements

The foundation has supported several notable initiatives:

Funded the Maximilian E. and Marion O. Hoffman Foundation Pavilion for Cardiac Recovery at a healthcare facility

A Sampling of Grants by the Maximilian E. and Marion O. Hoffman Foundation

Provided grants to Wheeler Clinic for health services

Supported Gaylord Specialty Healthcare with a $100,000 grant

Gaylord Specialty Healthcare Receives $100,000 Grant from the Maximilian

Funded Hartford Seminary's technology initiatives for students

Contact Information

West Hartford, Connecticut Location:

  • Address: 970 Farmington Ave Ste 203, West Hartford, CT 06107-2134
  • Telephone: 860-521-2949

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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