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Stewart W. & Willma C. Hoyt Foundation, Inc.

Profile

Last Updated: 2016-05-11

At A Glance

Stewart W. & Willma C. Hoyt Foundation, Inc.

70 Front St.

Binghamton, NY United States 13905-4722

Telephone: (607) 772-0780

URL: www.hoytfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $22,464,805

Total giving: $842,388

EIN

223209342

BRIDGE Number

3401710550

Background

Established in 1993 in NY as successor to Stewart W. & Willma C. Hoyt Foundation, which was established in 1970; status returned to private foundation in 2006

Purpose and Activities

The foundation aims to use its resources to enhance the quality of life of the people of Broome County, NY, primarily through judicious grantmaking. The foundation focuses broadly on the areas of the arts, humanities, education, health and human services. The foundation is particularly interested in assisting programs that meet an urgent community need, that do not unnecessarily duplicate the work of other organizations, that have explored alternative funding sources, and that have some reasonable assurance of ongoing support.

Program Area(s)

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

Program-Related Investment

The foundation occasionally makes emergency cash-flow loans to nonprofit organizations for the arts, education, health, and human services.

Fields of Interest

Subjects
  • Arts and culture
  • Arts councils
  • Arts services
  • Basic and emergency aid
  • Community and economic development
  • Diseases and conditions
  • Education
  • Food aid
  • Health
  • HIV/AIDS
  • Housing development
  • Housing services
  • Human services
  • Humanities
  • Immune system diseases
  • Independent living for people with disabilities
  • Shelter and residential care
  • Special population support
Population Groups
  • Academics
  • Children and youth
  • People with disabilities
  • Religious groups

Financial Data

Year ended 2014-12-31

Assets: $22,464,805 (market value)

Expenditures: $1,237,071

Total giving: $842,388

Qualifying distributions: $1,053,995