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Hayne Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1998. The principal officer is % Richard A Hayne. It holds total assets of $8.4M. Annual income is reported at $4.2M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hayne Foundation has made 2 grants totaling $5M, with a median grant of $2.5M. Annual giving has decreased from $3M in 2022 to $2M in 2023. Individual grants have ranged from $2M to $3M, with an average award of $2.5M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
Hayne Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in PA.
Hayne Foundation has distributed a total of $5M across 2 grants. The median grant size is $2.5M, with an average of $2.5M. Individual grants have ranged from $2M to $3M.
Hayne Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hayne Foundation is headquartered in PHILADELPHIA, PA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard A Hayne | PRESIDENT | $0 | $0 | $0 |
| Margaret Hayne | VICE PRESIDENT | $0 | $0 | $0 |
| Freeman Zausner | SECRETARY | $0 | $0 | $0 |
Total Giving
$2M
Total Assets
$8.1M
Fair Market Value
$9.1M
Net Worth
$8.1M
Grants Paid
$2M
Contributions
$0
Net Investment Income
$175K
Distribution Amount
$418K
Total: $7.5M
Total Grants
2
Total Giving
$5M
Average Grant
$2.5M
Median Grant
$2.5M
Unique Recipients
2
Most Common Grant
$2M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Westphal College Of Media Arts & DesignEDUCATION | Philadelphia, PA | $2M | 2023 |
| Springside Chestnut Hill AcademyEDUCATION | Philadelphia, PA | $3M | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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