Hearthstone Foundation

Organization Overview

Hearthstone Foundation is located in Needham, MA. The organization was established in 2013. 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. Hearthstone 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 12/2021, Hearthstone Foundation generated $58.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $143.6k during the year ending 12/2021. While expenses have increased by 2.1% per year over the past 7 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 2015, Hearthstone Foundation has awarded 168 individual grants totaling $615,389. 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.

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Board, Officers & Key Employees

Name (title)Compensation
Scott R Jones
Trustee
$0
Barbara B Jones
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $35
Dividends & Interest $25,686
Net Rental Income$0
Net Gain on Sale of Assets $32,456
Capital Gain Net Income $32,456
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $58,177

Grants Awarded

Over the last fiscal year, Hearthstone Foundation has awarded $115,075 in support to 33 organizations.

Grant RecipientAmount

WESTPORT LAND TRUST

PURPOSE: HOMELESS IN NEED

$25,000

ELIZABETHTOWN COLLEGE

PURPOSE: ANNUAL FUND

$25,000

CHRIST CHURCH

PURPOSE: PRESBYTERIAN CHURCH WORK

$12,000

MEDFORD LEAS FUND

PURPOSE: SENIOR LIVING

$10,000

WELLESLY MEETING

PURPOSE: QUAKER PROGRAMS

$10,000

Durham, NC

PURPOSE: SUPPORT OF FOREST ECON STUDIES

$10,000
View Grant Profile

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