Hoyt Foundation Inc

Organization Overview

Hoyt Foundation Inc is located in Sturbridge, MA. The organization was established in 1993. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoyt Foundation Inc 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 09/2023, Hoyt Foundation Inc generated $357.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $362.0k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hoyt Foundation Inc has awarded 46 individual grants totaling $1,463,325. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATE SOCIETY ABOUT THE INCLUSION OF PEOPLE WITH DISABILITIES IN FAMILY AND COMMUNITY ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO EDUCATE SOCIETY ABOUT THE INCLUSION OF PEOPLE WITH DISABILITIES IN FAMILY AND COMMUNITY ACTIVITIES THROUGH DIRECT PARTICIPATION IN ROAD RACES, TRIATHLONS AND OTHER ENDURANCE EVENTS. THE FOUNDATION ALSO PROVIDES ADVICE AND SUPPORT TO GROUPS AND INDIVIDUALS WHO SHARE THIS MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
John Costello
Director
$0
Michael Giallongo
Vice Preside
$0
Susan Grillo
Director
$0
Robert Hoyt
Director
$0
Lisa Hoyt
Clerk
$0
Russell Hoyt
President, C
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$336,681
Noncash contributions included in lines 1a–1f $1,800
Total Revenue from Contributions, Gifts, Grants & Similar$336,681
Total Program Service Revenue$0
Investment income $36,949
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$16,400
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $357,230

Grants Awarded

Over the last fiscal year, Hoyt Foundation Inc has awarded $170,000 in support to 5 organizations.

Grant RecipientAmount

BOSTON CHILDREN'S HOSPITAL

|

|

$50,000

CENTER OF HOPE

|

|

$35,000

EASTER SEALS OF MASS

|

|

$50,000

METROWEST YMCA

|

|

$10,000

THE DOUG FLUTIE FOUNDATION

|

|

$25,000
View Grant Profile

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