//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hastings Foundation Inc. is a private corporation based in DARIEN, CT. The foundation received its IRS ruling in 2007. The principal officer is Wetcs. It holds total assets of $4M. Annual income is reported at $943K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including Maine, New York, District of Columbia. According to available records, Hastings Foundation Inc. has made 15 grants totaling $522K, with a median grant of $30K. Annual giving has decreased from $302K in 2020 to $220K in 2022. Individual grants have ranged from $500 to $135K, with an average award of $35K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in Maine, Connecticut, New York, which account for 93% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$10K
Average Grant
$34K
Largest Grant
$135K
Based on 9 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 Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in ME, CT, NY.
Hastings Foundation Inc. has distributed a total of $522K across 15 grants. The median grant size is $30K, with an average of $35K. Individual grants have ranged from $500 to $135K.
Hastings Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hastings Foundation Inc. is headquartered in DARIEN, CT. While based in CT, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sara S Stone | Director | $25K | $44K | $69K |
| Thomas W Hynes | Treasurer | $0 | $0 | N/A |
| Charles L Stone Jr | Chairman | $0 | $0 | N/A |
Total Giving
$373K
Total Assets
$4M
Fair Market Value
$5.2M
Net Worth
$4M
Grants Paid
$266K
Contributions
N/A
Net Investment Income
$96K
Distribution Amount
$255K
Total: $3.5M
Total Grants
15
Total Giving
$522K
Average Grant
$35K
Median Grant
$30K
Unique Recipients
10
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Maine Community FoundationGeneral | Ellsworth, ME | $84K | 2022 |
| Yale Universityraraad - 04/30/21 12:17PM Worksheet Private Foundation | New Haven, CT | $50K | 2022 |
| National Resources Center Of MaineGeneral | Hallowell, ME | $30K | 2022 |
| Friends Without A BorderMedical | New York, NY | $30K | 2022 |
| Blue Hill Heritatge TrustGeneral | Blue Hill, ME | $21K | 2022 |
| Coldsprings Harbor LabMedical research | Cold Springs Harbor, NY | $5K | 2022 |
| Maine InitativesGeneral | Brunswick, ME | $135K | 2020 |
| Maine Seacoast Mission Island HealthGeneral | Bar Harbor, ME | $10K | 2020 |
| Maine Cosastal Heritage Trust-Blue Hill Heritage TrustGeneral | Topsham, ME | $1K | 2020 |
| National Center For PhilanthropyPhilanthropy | Washington Dc, DC | $500 | 2020 |