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The Hyacinth Foundation is a private trust based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1994. The principal officer is The Glenmede Trust Company Na. It holds total assets of $12.7M. Annual income is reported at $6.1M. Total assets have grown from $8.2M in 2011 to $12.7M in 2024. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2024. According to available records, The Hyacinth Foundation has made 9 grants totaling $2.6M, with a median grant of $71K. The foundation has distributed between $610K and $710K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $710K distributed across 2 grants. Individual grants have ranged from $10K to $639K, with an average award of $290K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Massachusetts and Wisconsin and Kansas. Contributions to this foundation are tax-deductible.
The Hyacinth Foundation is not a conventional grantmaking foundation and should not be approached as one. IRS filings, Candid, and web research consistently show it as a single-purpose supporting trust established in 1994 whose entire charitable output funds one project: the Archaeological Exploration of Sardis, the joint Harvard-Cornell excavation of the ancient Lydian capital in Turkey. The tell is the trustee list itself — Nicholas D. Cahill (director of the Sardis Expedition since 2008, University of Wisconsin-Madison), Christopher Ratté (University of Michigan classical archaeologist and longtime Sardis researcher), and Marcus L. Rautman (University of Missouri, Sardis associate director) are not independent philanthropic trustees vetting outside applicants — they are the excavation's own academic leadership, with The Glenmede Trust Company N.A. serving purely as the corporate/administrative trustee (paid $68K-$80K/year for that role). In the nine grants recorded in DB history, totaling $2.61M, 100% went to four institutions directly tied to the dig: Harvard ($1.829M across 3 grants — Sardis's administrative and publication home), Harvard University Art Museums ($600K, which curates and publishes Sardis finds), the University of Wisconsin ($171K across 4 grants — Cahill's home institution), and the University of Kansas Endowment ($10K, tied specifically to the Sardis excavation). There is no LOI process, no public RFP, no independent board, and no history of funding any organization outside this circle. For nearly all grant seekers — including archaeology and classics nonprofits with adjacent missions — this foundation is effectively closed. The only realistic path in is a genuine academic or professional affiliation with the Sardis Expedition itself (fieldwork, conservation, or publication roles under Cahill, Ratté, or Rautman) rather than a cold application. Organizations should deprioritize this prospect in favor of foundations with real open or invitation-based processes, unless they are already part of the Sardis research consortium or one of its home institutions.
Every available number points to a fixed-payout endowment rather than an active grants program. Total assets have held remarkably flat for over a decade: $10.9M (2012), $13.3M (2014), $12.7M (2019), and $12.67M in the most recent filing (FY2024) — a corpus that essentially tracks market returns rather than donor contributions (contributions received have been $0 in every year on record except a one-time $2.9M gift in 2012). Annual charitable disbursement has similarly stayed in a narrow band: $529,064 (2012), $692,524 (2015), $721,993 (2019), $696,411 (2021), $793,882 (2022), and $755,511 (2023) in total giving — consistent with a private foundation meeting its mandatory ~5% payout on a ~$12-13M asset base, not a growing or shrinking programmatic commitment. Grants paid specifically (a subset of total giving) ran $610,000-$710,000/year across 2019-2023. Across the nine grants captured in the database ($2.61M cumulative, average $290,000/grant), the range runs from $10,000 (University of Kansas Endowment, Sardis excavation support) up to an estimated ~$600K-plus within the $1.829M/3-grant Harvard cluster — meaning even the 'small' end of Hyacinth's giving ($10K) dwarfs what a typical open-application foundation of this size would give to a first-time grantee, because there effectively are no first-time grantees. Recipient concentration is total: Harvard and Harvard University Art Museums together absorbed 93% of the recorded $2.61M ($2.429M), with Wisconsin and Kansas splitting the remainder. Geographically, grantee states (MA, WI, KS) map to the home institutions of the expedition's directors, not to any defined service region. Officer/trustee compensation to Glenmede Trust ($68K-$80K annually) consistently consumes 9-12% of the total charitable outlay — a normal bank-trustee fee structure for a passively administered small foundation, but worth noting since it means real dollars reaching Sardis programming are somewhat lower than headline giving figures suggest.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| The Hyacinth Foundation | $12.7M | ~$700K-$790K | Sardis Expedition (single beneficiary) | Closed — no application process |
| Samuel H. Kress Foundation | ~$88M | ~$3.9M | European/classical art history, archaeology, conservation | Open (rolling programs, incl. AIA-administered classical art/archaeology publication grants) |
| Gladys Krieble Delmas Foundation | ~$45.4M | ~$2.1M-$2.3M | Humanities, research libraries, Venetian studies | Invited/LOI-based, narrow annual cycles |
| Institute for Aegean Prehistory (INSTAP) | ~$0.66M (thin operating base; historically endowment-backed) | Variable, largely wound down | Aegean prehistory fieldwork and publication | Mostly closed — only Publication Team Grants remain active |
Hyacinth sits at the small end of this peer set by both assets and giving, but the more telling contrast is structural, not financial: Kress and Delmas run genuine competitive or invited application cycles with published guidelines, while Hyacinth and the now-largely-wound-down INSTAP general program are the two entities here that do not solicit outside applicants at all. Any organization that mistakes Hyacinth's asset size ($12.7M, comparable to a mid-tier community foundation) for an active regional archaeology or humanities grants program is misreading it — the closer analogy is a dedicated project endowment, like an academic chair or named research fund, that happens to be filed as an independent 501(c)(3) private foundation.
No foundation-specific news, leadership changes, or new program announcements were found for the Hyacinth Foundation itself in 2025-2026 — consistent with its structure as a passive administrative trust rather than an organization with a communications function. The trustee roster (Cahill, Ratté, Rautman, plus Glenmede Trust as corporate trustee) shows no turnover across the years captured in DB records. The most relevant 2025-2026 development is upstream, at the project level: Sardis was inscribed as a UNESCO World Heritage Site in 2025, a milestone likely to increase both scholarly attention and donor interest in the excavation broadly (through the ~400-donor 'Supporters of Sardis' program and co-funders like the J.M. Kaplan Fund), even though it would not change Hyacinth's closed, single-beneficiary structure. Field reports from Nicholas Cahill (via the University of Wisconsin-Madison Art History department) describe ongoing excavation of a Roman imperial-cult temple, menorah depictions pointing to a Jewish presence at the site, late Roman wall paintings, and physical evidence for two previously unrecognized earthquakes (5th and 7th century CE) that damaged the city — signs of active, well-resourced fieldwork consistent with the foundation's steady ~$700K/year disbursement pattern. The last confirmed grant-level financial activity in the dataset is FY2023, when the foundation reported $660,000 in grants paid and $755,511 in total giving against $12.15M in assets. Absent a public grants list or annual report from the foundation itself, the most reliable signal of 'recent activity' for outside parties is the Sardis Expedition's own published field reports and the sardisexpedition.org site rather than anything issued by Hyacinth or Glenmede directly.
The single most important piece of advice for this funder is not to apply in the conventional sense — there is no portal, LOI form, published deadline, or contact person designated to receive unsolicited grant requests, and nine-for-nine recorded grants have gone to institutions embedded in the Sardis Expedition's own leadership structure. Sending a cold proposal to Glenmede Trust Company (the address on file, 1650 Market St., Philadelphia) will very likely reach only investment/administrative staff with no grantmaking authority, not a program officer. If your organization has a legitimate connection to classical archaeology, Lydian/Anatolian studies, or the Sardis site specifically, the productive move is relationship-building through the academic channel rather than a philanthropic one: reach out to Nicholas Cahill's team via the University of Wisconsin-Madison Department of Art History or the official sardisexpedition.org site about collaboration, fieldwork participation, co-publication, or joining the roughly 400-member 'Supporters of Sardis' donor circle — that donor program, not Hyacinth, is the actual open door into this project's funding ecosystem. Organizations working in adjacent areas (Turkish archaeology, ancient Near Eastern studies, museum conservation of classical antiquities) should not budget staff time pursuing Hyacinth directly; the realistic probability of a first-time, unsolicited grant is effectively zero given the decade-plus pattern of exclusive institutional giving. A better use of that effort is redirecting toward funders in the same field that do run real competitive processes: the Samuel H. Kress Foundation's classical art and archaeology publication grants (administered jointly with the Archaeological Institute of America, with published annual cycles), or INSTAP's Publication Team Grants, the one INSTAP program still accepting applications after its general grant program was wound down. If your organization is Harvard, Harvard Art Museums, University of Wisconsin-Madison, or another institution with a standing Sardis relationship, continued funding is plausible but flows through existing project channels and personal relationships with the three trustees, not through a formal proposal-review process — so the 'strategy' here is sustained scholarly collaboration, not grant-writing craft.
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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.
Every available number points to a fixed-payout endowment rather than an active grants program. Total assets have held remarkably flat for over a decade: $10.9M (2012), $13.3M (2014), $12.7M (2019), and $12.67M in the most recent filing (FY2024) — a corpus that essentially tracks market returns rather than donor contributions (contributions received have been $0 in every year on record except a one-time $2.9M gift in 2012). Annual charitable disbursement has similarly stayed in a narrow band: $5.
The Hyacinth Foundation has distributed a total of $2.6M across 9 grants. The median grant size is $71K, with an average of $290K. Individual grants have ranged from $10K to $639K.
The Hyacinth Foundation is not a conventional grantmaking foundation and should not be approached as one. IRS filings, Candid, and web research consistently show it as a single-purpose supporting trust established in 1994 whose entire charitable output funds one project: the Archaeological Exploration of Sardis, the joint Harvard-Cornell excavation of the ancient Lydian capital in Turkey. The tell is the trustee list itself — Nicholas D. Cahill (director of the Sardis Expedition since 2008, Univ.
The Hyacinth Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 3 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| The Glenmede Trust Company N A | TRUSTEE | $75K | $0 | $75K |
| Marcus L Rautman | TRUSTEE | $0 | $0 | N/A |
| Christopher Ratte | TRUSTEE | $0 | $0 | N/A |
| Nicholas D Cahill | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$12.7M
Fair Market Value
N/A
Net Worth
$12.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
9
Total Giving
$2.6M
Average Grant
$290K
Median Grant
$71K
Unique Recipients
4
Most Common Grant
$30K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| President And Fellows Of HarvardTO SUPPORT THE SARDIS | Cambridge, MA | $610K | 2023 |
| University Of WisconsinSARDIS EXPEDITION | Madison, WI | $40K | 2023 |
| Kansas University EndowmentSARDIS EXCAVATION | Lawrence, KS | $10K | 2023 |
| Harvard University Art MuseumTO SUPPORT THERESEARCH OF | Cambridge, MA | $600K | 2020 |