Public Charity

HOYT FOUNDATION INC

HOYT FOUNDATION INC, of STURBRIDGE, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $351K in revenue, $356K in expenses, $989K in total assets. 20 publicly reported grants to this organization, totaling roughly $776K, appear in IRS filings.

EIN: 222940515 STURBRIDGE, MA Centers to Support the Independence of Specific Populations NTEE: P80 Latest filing: 2024
Total Revenue$351K
Total Expenses$356K
Total Assets$989K
Grant Records20
Funding Total$776K
Filing Years2020–2024

Mission

THE HOYT FOUNDATION, INC. IS A NON-PROFIT ORGANIZATION THAT WAS FORMED IN 1989. THE HOYT FOUNDATION ASPIRES TO BUILD THE INDIVIDUAL CHARACTER, SELF- CONFIDENCE AND SELF-ESTEEM OF AMERICAS YOUNG PEOPLE WITH DISABILITIES THROUGH INCLUSION IN ALL FACETS OF DAILY LIFE; INCLUDING IN FAMILY AND COMMUNITY ACTIVITIES, ESPECIALLY SPORTS, AT HOME, IN SCHOOLS, AND IN THE WORKPLACE. EACH YEAR, THE HOYT FAMILY CONTINUES TO GROW DICK, JUDY AND RICK HOYTS LEGACY, BY SPEAKING BEFORE COMMUNITY AND PROFESSIONAL GROUPS, AND BY DIRECT PARTICIPATION IN MANY ROAD RACES, TRIATHLONS AND OTHER ENDURANCE EVENTS. THE FOUNDATION ALSO PROVIDES ADVICE AND SUPPORT TO GROUPS AND INDIVIDUALS WHO SHARE THIS MISSION.

Where $100 goes at Hoyt Foundation Inc

How Hoyt Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
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
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR John Costello
VICE PRESIDE Michael Giallongo
DIRECTOR Robert Hoyt
PRESIDENT, C Russell Hoyt
DIRECTOR Susan Grillo
DIRECTOR Zoe Hoyt

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$566,656 14 grants
Fundraising & Sponsorship
$12,000 2 grants
Youth Development
$1,000 1 grant
Unspecified
$196,566 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $351K $356K $989K
2023 $357K $362K $902K
2022 $303K $303K $873K
2021 $95K $242K $977K
2020 $154K $251K $1.1M

Between 2020 and 2024, reported annual revenue grew from $154K to $351K (+128%), with total assets most recently reported at $989K.

Interactive year-over-year charts and full filing details available with membership.

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