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Hester Family Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2023. The principal officer is % Walter Hester. It holds total assets of $6.2M. Annual income is reported at $322K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hester Family Foundation has made 12 grants totaling $2.5M, with a median grant of $75K. Annual giving has decreased from $2.2M in 2022 to $320K in 2023. Individual grants have ranged from $5K to $1M, with an average award of $210K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Nevada, California, which account for 75% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Hester Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in NY, NV, CA.
Hester Family Foundation has distributed a total of $2.5M across 12 grants. The median grant size is $75K, with an average of $210K. Individual grants have ranged from $5K to $1M.
Hester Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hester Family Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Rachel Anne Hester | DIRECTOR | $0 | $0 | $0 |
| Walter F Hester Iii | DIRECTOR | $0 | $0 | $0 |
| Frank Burkhead Wyatt Ii | DIRECTOR | $0 | $0 | $0 |
Total Giving
$377K
Total Assets
$7.2M
Fair Market Value
$7.2M
Net Worth
$7.2M
Grants Paid
$320K
Contributions
$6K
Net Investment Income
$391K
Distribution Amount
$353K
Total Grants
12
Total Giving
$2.5M
Average Grant
$210K
Median Grant
$75K
Unique Recipients
8
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Lake Tahoe SchoolEducational Programs | Incline Village, NV | $100K | 2023 |
| GlideGENERAL CHARITABLE PURPOSES | San Francisco, CA | $100K | 2023 |
| Collaborative Support ServicesGENERAL CHARITABLE PURPOSES | Honolulu, HI | $50K | 2023 |
| The Joe Torre Safe At Home FoundationHealing Services and Education | New York, NY | $25K | 2023 |
| Maui Arts & Cultural CenterEDUCATIONAL/ GENERAL FUND | Kahului, HI | $25K | 2023 |
| Kahana Door Of Faith ChurchRELIGIOUS/ GENERAL FUND | Honolulu, HI | $10K | 2023 |
| Nevada Youth Empowerment ProjectEDUCATIONAL | Reno, NV | $5K | 2023 |
| Chp 11-99 FoundationGENERAL CHARITABLE PURPOSES | Costa Mesa, CA | $5K | 2023 |
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