John A Hartford Foundation
- Assets
- $675.0m
- Revenue
- $15.6m
- Investments
- $655.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1936
- Data as of
- 12/2023
- EIN
- 13-1667057
Organization Overview
John A Hartford Foundation is located in New York, NY. The organization was established in 1936. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John A Hartford Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, John A Hartford Foundation generated $15.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.1%) each year. All expenses for the organization totaled $37.7m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, John A Hartford Foundation has awarded 752 individual grants totaling $245,591,085. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
COMMUNICATION & DISSEMINATION - TO DISSEMINATE RESOURCES, INCLUDING RESEARCH, REPORTS, EDUCATIONAL MODULES, ARTICLES, TRAINING OPPORTUNITIES, PRODUCED BY THE FOUNDATION'S GRANTEES. TO PARTNER WITH MEDIA OUTLETS TO CREATE CONTENT ABOUT AGING ISSUES AND SUPPORT PROGRAMS THAT HELP JOURNALISTS DO A BETTER JOB REPORTING ON AGING AND HEALTH TOPICS.
AGING AND HEALTH MEETINGS - TO IDENTIFY COMMON INTERESTS AND ISSUES AMONG GRANTEES AND OPERATIONALIZED NEW PROGRAM-RELATED AND GRANT IDEAS.
TECHNICAL ASSISTANCE - TO PROVIDE REGULAR ASSISTANCE AND CONSULTANT EXPENSES TO GRANTEES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John H Allen Trustee | 1.3 | $14,000 | |
Hua Eva Cheng Vice Pres, Finance & CFO | 40 | $267,400 | |
Teresa T Fulmer President | 40 | $626,942 | |
Jennifer Phillips Corporate Secy (thru 11-6-23) | 40 | $98,282 | |
Margaret L Wolff Trustee | 1.5 | $16,000 | |
Nirav R Shah Trustee | 1.3 | $14,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Goldman Sachs & Company | 12/30/23 | $1,400,962 |
De Shaw Oculus Offshore | 12/30/23 | $283,750 |
Cantillon Capital Management | 12/30/23 | $223,675 |
Non-us Equity Managers Portfolio 4 | 12/30/23 | $212,024 |
Mcdonald Dynamic Equity Llc | 12/30/23 | $172,236 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $944,326 |
| Dividends & Interest | $7,715,854 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,919,380 |
| Capital Gain Net Income | $6,919,380 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $51,738 |
| Total Revenue | $15,631,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,462,619 |
| Other employee salaries and wages | $1,718,679 |
| Pension plans, employee benefits | $1,323,545 |
| Interest | $0 |
| Taxes | $183,450 |
| Depreciation | $64,334 |
| Occupancy | $242,154 |
| Travel, conferences, and meetings | $393,648 |
| Printing and publications | $11,334 |
| Other expenses | $403,901 |
| Total operating and administrative expenses | $9,526,226 |
| Contributions, gifts, grants paid | $28,176,380 |
| Total expenses and disbursements | $37,702,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,790,643 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $119,706 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $359,765,949 |
| Net Land, buildings, and equipment | $285,812 |
| Other assets | $190,207 |
| Total assets | $675,031,343 |
| Accounts payable and accrued expenses | $790,782 |
| Grants payable | $38,170,699 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $3,672,333 |
| Total liabilities | $42,633,814 |
Grants Awarded
Over the last fiscal year, John A Hartford Foundation has awarded $51,550,734 in support to 149 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COLLEGE OF SURGEONS PURPOSE: GERIATRIC SURGERY VERIFICATION AND QUALITY IMPROVEMENT PROGRAM | $593,690 |
ACADEMYHEALTH PURPOSE: OPERATING SUPPORT | $2,500 |
ALZHEIMER'S ASSOCIATION PURPOSE: "EVERYDAY TECHNOLOGIES FOR ALZHEIMER CARE" INITIATIVE | $20,000 |
AMERICAN GERIATRICS SOCIETY INC PURPOSE: INCREASING GERIATRICS EXPERTISE IN SURGICAL AND MEDICAL SPECIALTIES - PHASE III | $628,186 |
AMERICAN HEART ASSOCIATION INC PURPOSE: DR. CHRISTOPHER A. LANGSTON | $25,000 |
AMERICAN PUBLIC HEALTH ASSOCIATION INC PURPOSE: NATIONAL PUBLIC HEALTH WEEK 2005 | $500 |