Hoyt Foundation

Organization Overview

Hoyt Foundation is located in New Castle, PA. The organization was established in 1964. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Hoyt 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 10/2023, Hoyt Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $2.0m during the year ending 10/2023. While expenses have increased by 6.7% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Hoyt Foundation has awarded 645 individual grants totaling $5,200,205. 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 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

AWARDED $287,513 IN POST-SECONDARY SCHOLARSHIPS TO OVER 100 PERSONS. RELATED ADMINISTRATIVE EXPENSES CONSISTED OF HONORARIUMS OF $2,500 EACH TO THE THREE MEMBERS OF THE SCHOLARSHIP COMMITTEE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Charles Y Mansell
President
$53,550
Stephen R Sant
Director
$21,420
Steven C Warner
Director
$21,420
Floyd H Mcelwain
Director
$21,420
Debra A Lynch
Director
$21,420

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $71
Dividends & Interest $678,527
Net Rental Income$0
Net Gain on Sale of Assets $3,522,085
Capital Gain Net Income $3,522,085
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $961,913
Total Revenue $5,162,596

Grants Awarded

Over the last fiscal year, Hoyt Foundation has awarded $1,391,477 in support to 159 organizations.

Grant RecipientAmount

HOLY SPIRIT PARISH

PURPOSE: FOOD PROGRAM

$10,000

ST PAUL'S BAPTIST CHURCH

PURPOSE: WINDOW REPLACEMENT

$30,000

LAWRENCE COUNTY

PURPOSE: CO-PARENTING/TRUANCY

$2,475

NEW CASTLE CROSS COUNTRY BINGO

PURPOSE: GENERAL SUPPORT

$200

LAWRENCE COUNTY REGIONAL CHAMBER

PURPOSE: GENERAL SUPPORT

$2,000

LAWRENCE COUNTY HISTORICAL SOCIETY

PURPOSE: GENERAL SUPPORT

$1,000
View Grant Profile

Peer Organizations

Organization NameAssets
Theodore J Forstmann Charitable Trust
New York, NY
$703,020
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust
New York, NY
$7,387,635
The Zegar Family Foundation
New York, NY
$35,430,517
The Blackrock Charitable Foundation
New York, NY
$10,722,340
Robert And Adele Schiff Family Foundation Inc
Cincinnati, OH
$14,379,380
Young Mens Christian Association Of The Chesapeake Inc
Easton, MD
$23,391,528
Chesed Foundation Of America
New York, NY
$8,652,812
Fifth Third Union Trust Co Foundation
Cincinnati, OH
$8,921,924
Mathile Family Foundation
Dayton, OH
$4,058,921
Morgridge Family Foundation
Wilmington, DE
$45,209,679
Huntington Foundation
Columbus, OH
$20,067,123
Robert W Wilson Charitable Tr
New York, NY
$6,256,282
Estee Lauder Companies Charitable Foundation
New York, NY
$12,239,175
GDS Legacy Foundation Inc
Wilmington, DE
$575,846
Highmark Foundation
Pittsburgh, PA
$5,969,409
Carol Ann And Ralph V Haile Jr Foundation
Cincinnati, OH
$1,725,731
Lisa Dean Moseley Foundation
Rockland, DE
$7,206,561
Hamilton Family Charitable Trust
Wayne, PA
$49,505,637
Viola Foundation Inc
New York, NY
-$301,393
Bern Schwartz Family Foundation
Wilmington, DE
-$438,612
Mark D Hostetter And Alexander N Habib Foundation
New York, NY
$18,404
Seed The Dream Foundation
Gladwyne, PA
$2,461,342
Crystal Trust Ua Dtd 12-25-47 Irenee Dupont Jr Ttee
Montchanin, DE
$5,591,943
Jmt Charitable Foundation
New York, NY
$9
De Beaumont Foundation Inc
Bethesda, MD
$10,438,308

Create an account to unlock the data you need.

or