YHB Charitable Endowment Inc
YHB Charitable Endowment Inc is a public charity based in West Hartford, Connecticut, formed in 2008. It offers individual donor-advised funds and manages philanthropic funds to increase charitable funding available to nonprofits and help donors pursue their philanthropic goals.
YHB Charitable Endowment Inc at a glance
In short: YHB Charitable Endowment Inc gave $1.4M across 57 grants in 2024 (avg $25K), top state Connecticut. 42% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,409,250
- -8.0% vs 2023
- Grants made (2024)
- 57
- -1.7% vs 2023
- Average grant
- $24,724
- -6.3% vs 2023
- Median grant
- $15,000
- Total assets
- $28,564,715
- +14.2% vs 2023
- New grantees (estimate)
- 42% first-time grantees (24 of 57, 2024)
- Primary geography
- Connecticut (42% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to YHB Charitable Endowment Inc
- Contact
Mailing address: 29 South Main Street Suite 306, West Hartford, CT 06107
Phone: (860) 561-7050
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who YHB Charitable Endowment Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Horizons GFA ($105K). Together the top 10 received $676K.
Grant Size Distribution
270 grants across all recorded years
The most common grant size was under $50K: 234 grants of 270 (87%).
Geographic Focus
Where this funder awards grants
In 2024, Connecticut accounted for 42% of grant dollars, followed by New York at 20%, New Hampshire at 10%, Pennsylvania at 7%, and Massachusetts at 6%.
Grant Distribution by State
Share of 2024 grant dollars across all 57 itemized grants.
States
Cities
Is YHB Charitable Endowment Inc open to new grantees?
42%
first-time grantees, 2024
In 2024, 24 of 57 grantees (42%) were first-time recipients. First grants averaged $23K; repeat grants $26K. How we count
Medians: $14K first-time, $15K repeat.
- 53% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−1%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.3M (2020) to $1.6M (2022). In 2024 it made 57 grants totaling $1.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Horizons GFA Westport, CT | General Support | $105,000 |
| Gettysburg College Gettysburg, PA | General Support | $100,000 |
| Barkeater Trail Alliance Lake Placid, NY | General Support | $85,000 |
| Mercy Learning Center Bridgeport, CT | General Support | $70,000 |
| Catholic Academy of Bridgeport Bridgeport, CT | General Support | $65,000 |
| The Rowe Center Rowe, MA | General Support | $61,000 |
| Adirondack Medical Center Saranac Lake, NY | General Support | $50,000 |
| Gather Portsmouth, NH | General Support | $50,000 |
| Nuvance Health Foundation New York, NY | General Support | $50,000 |
| Bloomfield Congregational Church Bloomfield, CT | General Support | $40,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $28,564,715 | $6,807,781 | $2,725,709 | $1,409,250 | 57 | $3,980,879 |
| 2023 | $25,008,128 | $5,445,152 | $2,126,205 | $1,531,050 | 58 | $3,295,304 |
| 2022 | $21,606,319 | $8,698,157 | $2,108,588 | $1,573,746 | 50 | $1,594,021 |
| 2021 | $18,766,006 | $6,068,282 | $2,011,432 | $1,428,054 | 48 | $1,997,295 |
| 2020 | $15,034,808 | $4,051,002 | $1,829,254 | $1,347,800 | 57 | $1,560,779 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization says it was formed to serve donors’ charitable interests by offering flexibility in the timing, amounts, and beneficiaries of donations. Donors can have input into how fund dollars are invested; donors with larger amounts can access personal asset management for their funds. The organization also says donors can use funds to create a legacy reflecting family values or honoring a loved one.
Its 2024 grants included support for organizations with varied missions. For example, Gather says it builds food security through programs including a pantry market, mobile markets, and meals for children. Adam J. Lewis Academy says it provides an enriching, high-quality elementary experience for underserved children in Bridgeport. Adirondack Medical Center says it provides acute and outpatient services to local residents. These are the grantees’ descriptions of their own work.
Grantmaking
In 2024, YHB Charitable Endowment reported 57 grants totaling $1,409,250. Grants ranged from $5,050 to $105,000, with a median grant of $15,000. The largest awards included $105,000 to Horizons GFA, $100,000 to Gettysburg College, $85,000 to BarkEater Trail Alliance, $70,000 to Mercy Learning Center, and $65,000 to Catholic Academy of Bridgeport; each was listed for general support.
Other 2024 recipients included Adirondack Medical Center and Gather, each receiving $50,000; Salisbury School, $35,000; and Fairfield University, $26,000.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Paul R. Martel as president, Mark W. Everette as vice president, and Anne Space as treasurer. The filing states that Martel and Everette owned 24.24% and 23.38%, respectively, of YHB Investment Advisors, Inc., which manages the funds.
YHB Charitable Endowment Inc is led by Paul R. Martel, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Paul R. Martel
President
On filings since 2020
1 hr/week
No compensation reported
Mark W. Everette
Vice President
On filings since 2020
1 hr/week
No compensation reported
Anne Space
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (3)
- Former: Brenda Sullivan (2020–2023) — Board Member
- Former: Howard Mark (2020–2023) — Board Member
- Former: Del Higham (2020) — Board Member
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 YHB Charitable Endowment Inc
How much does YHB Charitable Endowment Inc give each year?
YHB Charitable Endowment Inc gave $1.4M across 57 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.5M across 58 grants.
What is YHB Charitable Endowment Inc's typical grant size?
YHB Charitable Endowment Inc's median grant in 2024 was $15,000, and its average grant was $24,724, across 57 grants on its 2024 IRS Form 990. Organizations receiving their first grant from YHB Charitable Endowment Inc that year got $23K on average.
Where does YHB Charitable Endowment Inc give grants?
YHB Charitable Endowment Inc's top state is Connecticut, with 42% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were New York (20%) and New Hampshire (10%). The most frequent recipient cities were Bridgeport, CT (4 grants), Ithaca, NY (4 grants), Burlington, VT (3 grants) and Hartford, CT (3 grants).
Does YHB Charitable Endowment Inc give general operating support?
Yes: 100% of YHB Charitable Endowment Inc's 2024 grants with a stated purpose (57 of 57) were for general or operating support, per its 2024 IRS Form 990.
Who are YHB Charitable Endowment Inc's largest grantees?
YHB Charitable Endowment Inc's largest 2024 grantees include Horizons GFA ($105,000), Gettysburg College ($100,000) and Barkeater Trail Alliance ($85,000), according to its 2024 IRS Form 990. Together they received 21% of its itemized 2024 grant dollars.
How large is YHB Charitable Endowment Inc?
YHB Charitable Endowment Inc reported $28.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $6.8M.
What does YHB Charitable Endowment Inc fund?
The organization says it was formed to serve donors’ charitable interests by offering flexibility in the timing, amounts, and beneficiaries of donations. Donors can have input into how fund dollars are invested; donors with larger amounts can access personal asset management for their funds. See mission & focus areas ↑
How do I apply for a grant from YHB Charitable Endowment Inc?
YHB Charitable Endowment Inc has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.
What is YHB Charitable Endowment Inc's EIN?
YHB Charitable Endowment Inc's EIN (Employer Identification Number) is 26-2552404. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 23, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS September 9, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in YHB Charitable Endowment Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). YHB Charitable Endowment Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/yhb-charitable-endowment-inc-morg_74580400b50e4041aaba141afa29e25d
BibTeX
@misc{grantable_262552404_2026,
author = {{Grantable}},
title = {{YHB Charitable Endowment Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/yhb-charitable-endowment-inc-morg_74580400b50e4041aaba141afa29e25d},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from YHB Charitable Endowment 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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