Hayes Foundation

New Haven, CT
Tax-exempt since March 2003
EIN: 06-1636828

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$3.75M (2023)

Expenses

$1.79M (2023)

Total Assets

$28.9M (2023)

Total Liabilities

$144 (2023)

Years with missing data

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$3,748,327

Expenses

$1,789,761

Net Income

$1,958,566

Net Assets

$28,870,334

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,648,275	70.7%
Interest Revenue	$163,632	4.4%
Dividends	$852,020	22.7%
Sales of Assets	$94,262	2.5%
Other Income	-$9,862

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,661,185	92.8%
Compensation of Officers*	$160,000	8.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$28,870,478
Total Liabilities	$144
Net Assets	$28,870,334

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (Trustee/Exec)	$80,000	$0
Elizabeth Hayes (Trustee/Exec)	$40,000	$0
Kathleen Hayes (Trustee/Exec)	$40,000	$0

990-PF

Filed on Nov. 1, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$1,532,386

Expenses

$1,857,398

Net Income

-$325,012

Net Assets

$26,951,998

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$510,000	33.3%
Interest Revenue	$81,700	5.3%
Dividends	$602,127	39.3%
Sales of Assets	$369,343	24.1%
Other Income	-$30,784

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,722,000	92.7%
Compensation of Officers*	$160,000	8.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,952,213
Total Liabilities	$215
Net Assets	$26,951,998

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (Trustee/Exec)	$80,000	$0
Elizabeth Hayes (Trustee/Exec)	$40,000	$0
Kathleen Hayes (Trustee/Exec)	$40,000	$0

990-PF

Filed on Nov. 1, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$4,424,222

Expenses

$1,861,402

Net Income

$2,562,820

Net Assets

$27,283,436

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$102,000	2.3%
Interest Revenue	$60,013	1.4%
Dividends	$617,066	13.9%
Sales of Assets	$3,703,628	83.7%
Other Income	-$58,485

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,761,000	94.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$27,426,587
Total Liabilities	$143,151
Net Assets	$27,283,436

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (Trustee/Exec)	$0	$0
Elizabeth Hayes (Trustee/Exec)	$0	$0
Kathleen Hayes (Trustee/Exec)	$0	$0

990-PF

Filed on Oct. 13, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$813,191

Expenses

$1,582,588

Net Income

-$769,397

Net Assets

$24,717,323

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,168,664	> 100%
Interest Revenue	$53,485	6.6%
Dividends	$597,637	73.5%
Sales of Assets	$0
Other Income	$658	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,449,500	91.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$25,057,323
Total Liabilities	$340,000
Net Assets	$24,717,323

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (Trustee/Exec)	$0	$0
Elizabeth Hayes (Trustee/Exec)	$0	$0
Kathleen Hayes (Trustee/Exec)	$0	$0

990-PF

Filed on Nov. 9, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$15,463,291

Expenses

$743,790

Net Income

$14,719,501

Net Assets

$25,475,819

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$14,483,114	93.7%
Interest Revenue	$55,051	0.4%
Dividends	$1,018,741	6.6%
Sales of Assets	$0
Other Income	$2,705	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$671,000	90.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$26,025,819
Total Liabilities	$550,000
Net Assets	$25,475,819

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (President/Tr)	$0	$0
Elizabeth Hayes (Secretary)	$0	$0
Kathleen Hayes (Vice Preside)	$0	$0

990-PF

Filed on Nov. 4, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2018

Revenue

$9,476,466

Expenses

$132,443

Net Income

$9,344,023

Net Assets

$11,322,033

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,395,383	99.1%
Interest Revenue	$1,997	0.0%
Dividends	$92,680	1.0%
Sales of Assets	-$13,844
Other Income	$250	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$95,000	71.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,332,862
Total Liabilities	$10,829
Net Assets	$11,322,033

Compensation

Key Employees and Officers	Compensation	Other
Michael Hayes (President/Tr)	$0	$0
Elizabeth Hayes (Secretary)	$0	$0
Kathleen Hayes (Vice Preside)	$0	$0

990-PF

Filed on Sept. 6, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$50,091

Expenses

$73,469

Net Income

-$23,378

Net Assets

$949,645

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$50,000	99.8%
Interest Revenue	$0
Dividends	$91	0.2%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$73,454	100.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$949,645
Total Liabilities	$0
Net Assets	$949,645

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$4,072

Expenses

$92,405

Net Income

-$88,333

Net Assets

$973,023

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$75,000	> 100%
Interest Revenue	$0
Dividends	$750	18.4%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$91,584	99.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$973,023
Total Liabilities	$0
Net Assets	$973,023

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$145,764

Expenses

$77,386

Net Income

$68,378

Net Assets

$1,094,719

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$105,388	72.3%
Interest Revenue	$0
Dividends	$13,659	9.4%
Sales of Assets	$26,717	18.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$76,666	99.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,094,719
Total Liabilities	$0
Net Assets	$1,094,719

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$35,900

Expenses

$71,233

Net Income

-$35,333

Net Assets

$1,067,285

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$8,873	24.7%
Sales of Assets	$27,027	75.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,104	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,067,285
Total Liabilities	$0
Net Assets	$1,067,285

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$34,078

Expenses

$71,439

Net Income

-$105,517

Net Assets

$1,033,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$28,000
Interest Revenue	$0
Dividends	$6,431
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$71,271	99.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,033,273
Total Liabilities	$0
Net Assets	$1,033,273

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Hayes Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.75M (2023)

Expenses $1.79M (2023)

Total Assets $28.9M (2023)

Total Liabilities $144 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Revenue

$3.75M (2023)

Expenses

$1.79M (2023)

Total Assets

$28.9M (2023)

Total Liabilities

$144 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
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Fiscal Year Ending Dec.
2005

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Fiscal Year Ending Dec.
2003