Hacet Foundation INC

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2025 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average surplus $2.7M a year · 62% of revenue · last 6 filings
A surplus in 2 of the last 6 filings.
990-PF Pt I · 6 filings
2.8 mo
of spending, in cash
2.8 months of spending in cash.
990-PF Pt II · Ln 1–2 · Pt I · Ln 26
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
990-PF Pt II · Ln 23
Revenue
$1.3M
-94% vs prior year
Spent
$2.5M
Net assets
$21.4M
By yearFY2020–FY2025
Revenue
$1.3M
FY2025▼ -94%
Tap a bar for its year
Revenue by fiscal year
FY2020$166K
FY2021$495K
FY2022$3.0M
FY2023$174K
FY2024$20.8M
FY2025$1.3M
Expenses
$2.5M
FY2025▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$1.2M
FY2023$1.3M
FY2024$2.2M
FY2025$2.5M
Net assets
$21.4M
FY2025▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.2M
FY2021$3.4M
FY2022$5.2M
FY2023$4.0M
FY2024$22.5M
FY2025$21.4M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 95% · $2.3M Operating & administrative 5% · $128K

Form 990-PF Part I, lines 24–26. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990-PF.

990-PF Part VIII · reportable compensation
President
$0990-PF Pt VIII
Vice President
$0990-PF Pt VIII
Secretary/Treasurer
$0990-PF Pt VIII
Director
$0990-PF Pt VIII
$0990-PF Pt VIII
See Hacet Foundation INC executive salaries →

Programs and updates

A private foundation based in Prospect, KY.

Questions for Hacet Foundation INC

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 8 grants · $2.3M · 2025–2025
Children of Armenia FundFY2025$2,125,000
Mayo ClinicFY2025$100,000
The Paros FoundationFY2025$50,000
The Salvation ArmyFY2025$25,000
Fund for Armenian ReliefFY2025$17,000
Center for Women and FamiliesFY2025$10,000
Individual RecipientFY2025$5,000
Individual RecipientFY2025$5,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$292K
Median grantPart XV$25K
Largest grantPart XV$2.1M

By the numbers

The FY2025 990-PF, line by line.

1The main four
Money in
$1.3M
Investment income$1.3M
Money out
$2.5M
Grants paid$2.3M
Running costs$128K
Owns and owes
$21.4M
net assets
Cash and savings$583K
Total assets$21.4M
Liabilities$0
People
5
listed
Paid0
2In more detail
Revenue in detail
Investment income$1.3M
Total revenue$1.3M
Assets in detailEnd of year
Cash and savings together$583K
Total assets$21.4M
Liabilities$0
Net assets$21.4M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 12, 2026 $1.3M$2.5M−$1.2M$21.4M 990 PDF
FY2024Filed with the IRS May 13, 2025 $20.8M$2.2M$18.5M$22.5M 990 PDF
FY2023Filed with the IRS May 15, 2024 $174K$1.3M−$1.2M$4.0M 990 PDF
FY2022Filed with the IRS May 15, 2023 $3.0M$1.2M$1.9M$5.2M 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $495K$1.3M−$810K$3.4M 990 PDF
FY2020Filed with the IRS Sep 13, 2021 $166K$1.4M−$1.2M$4.2M 990 PDF

Schedules filed Part IV

G · Fundraising L · Interested persons R · Related orgs

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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