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Hastings Foundation is a private corporation based in PASADENA, CA. The foundation received its IRS ruling in 1948. The principal officer is Lucas Horsfall Murphy & Pindroh L. It holds total assets of $11M. Annual income is reported at $834K. Total assets have grown from $7.9M in 2011 to $10.4M in 2022. The foundation is governed by 5 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Illinois and California. According to available records, Hastings Foundation has made 6 grants totaling $4.9M, with a median grant of $777K. The foundation has distributed between $1.6M and $1.7M annually from 2020 to 2022. Individual grants have ranged from $500 to $1.7M, with an average award of $814K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in California and Illinois. Contributions to this foundation are tax-deductible.
Smallest Grant
$110K
Median Grant
$110K
Average Grant
$555K
Largest Grant
$1.4M
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hastings Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in CA, IL.
Hastings Foundation has distributed a total of $4.9M across 6 grants. The median grant size is $777K, with an average of $814K. Individual grants have ranged from $500 to $1.7M.
Hastings Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hastings Foundation is headquartered in PASADENA, CA. While based in CA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John H Reith | PRESIDENT & TREASURER | $16K | $0 | $16K |
| Christianne F Kerns | VICE PRESIDENT | $5K | $0 | $5K |
| Michael Gurevich | SECRETARY | $5K | $0 | $5K |
| Richard H Zeiss | ASSISTANT TREASURER | $5K | $0 | $5K |
| Andrew Crowell | DIRECTOR | $5K | $0 | $5K |
Total Giving
$2.1M
Total Assets
$10.4M
Fair Market Value
$10.4M
Net Worth
$10.4M
Grants Paid
$1.9M
Contributions
$1.4M
Net Investment Income
$278K
Distribution Amount
$499K
Total: $9.2M
Total Grants
6
Total Giving
$4.9M
Average Grant
$814K
Median Grant
$777K
Unique Recipients
4
Most Common Grant
$110K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Usc School Of MedicineTO SUPPORT MEDICAL RESEARCH. | Los Angeles, CA | $1.4M | 2022 |
| Pulmonary Fibrosis FoundationTO SUPPORT THE DEVELOPMENT OF NEW TREATMENTS FOR PULMONARY FIBROSIS. | Chicago, IL | $110K | 2022 |
| American Lung AssociationTO SUPPORT THE RESEARCH OF AND CURE FOR VARIOUS LUNG DISEASES. | Chicago, IL | $110K | 2022 |
| Suzanne Crowell Memorial Fund Of The University Kidney Research OrgTO SUPPORT MEDICAL RESEARCH. | Los Angeles, CA | $500 | 2021 |