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William Randolph Hearst Foundation

Profile

Last Updated: 2016-05-10

At A Glance

William Randolph Hearst Foundation

Hearst Twrs., 300 W. 57th St., 26th Fl.

New York City, NY United States 10019-3741

Telephone: (212) 649-3750

URL: www.hearstfdn.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $702,103,858

Total giving: $23,981,568

EIN

136019226

BRIDGE Number

6261033810

Additional Contact Information

Address for applicants from West of the Mississippi: 90 New Montgomery St., Ste. 1212, San Francisco, CA 94105, tel.: (415) 908-4500, E-mail: hearst.sf@hearstfdn.org

Background

Incorporated in 1948 in CA - Founded by the late William Randolph Hearst, who was a newspaper magnate and publisher whose chain of papers included the San Francisco Examiner and New York Journal. In addition, Hearst served in Congress as a United States Representative. With assets valued over $230 million, the Hearst Foundation, Inc., is the smaller of the two Hearst foundations. The other is the William Randolph Hearst Foundation, which is ranked among the nation's 100 largest foundations. Both Hearst foundations are strongly committed to education, health, social service, and culture. The same individuals serve on the boards of both foundations, which are administered through the New York headquarters and the San Francisco offices.

Purpose and Activities

The Hearst Foundations are national philanthropic resources for organizations working in the fields of culture, education, health and social services. The Hearst Foundations identify and fund outstanding nonprofits to ensure that people of all backgrounds in the United States have the opportunity to build healthy, productive and inspiring lives.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Culture

The foundation funds cultural institutions that offer meaningful programs in the arts and sciences, prioritizing those which enable engagement by young people and create a lasting impression. The foundation also funds select programs nurturing and developing artistic talent. .

Education

The foundation funds educational institutions demonstrating uncommon success in preparing students to thrive in a global society. The foundation's focus is largely on higher education, but it also funds innovative models of early childhood and K-12 education, as well as professional development.

Grants to Individuals Program

Awards for undergraduates in journalism and photojournalism and college scholarships for participants in government internship program.

Health

The foundation assists leading regional hospitals, medical centers and specialized medical institutions providing access to high-quality healthcare for low-income populations. In response to the shortage of healthcare professionals necessary to meet the country’s evolving needs, the foundation also funds programs designed to enhance skills and increase the number of practitioners and educators across roles in healthcare. Because the foundation seeks to use its funds to create a broad and enduring impact on the nation’s health, support for medical research and the development of young investigators is also considered.

Social Service

The foundation funds direct-service organizations that tackle the roots of chronic poverty by applying effective solutions to the most challenging social and economic problems. The foundation prioritizes supporting programs that have proven successful in facilitating economic independence and in strengthening families. Preference is also given to programs with the potential to scale productive practices in order to reach more people in need.

Fields of Interest

Subjects
  • Arts and culture
  • Arts education
  • Basic and remedial instruction
  • Child welfare
  • Cultural awareness
  • Diseases and conditions
  • Employment
  • Family services
  • Graduate and professional education
  • Higher education
  • Homeless services
  • Hospital care
  • Housing development
  • Human services
  • Museums
  • Performing arts
  • Performing arts education
  • Public health
  • Rehabilitation
  • Rural development
  • Sustainable development
  • Theology
  • Youth organizing
Population Groups
  • Academics
  • Adults
  • American Indians
  • Artists and performers
  • Children and youth
  • Economically disadvantaged people
  • Ethnic and racial groups
  • Females
  • Homeless people
  • Low-income and poor people
  • Males
  • People of African descent
  • People of Latin American descent
  • Seniors
  • Students

Financial Data

Year ended 2014-12-31

Assets: $702,103,858 (market value)

Expenditures: $33,783,917

Total giving: $23,981,568

Qualifying distributions: $28,696,122

Giving activities include:

$2,789,100 for 2 foundation-administered programs