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· Private foundation

The Hackett Family Fund

Its FY2024 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$1.5M
Granted FY2024still arriving
1
Grants FY2024still arriving
1
States reached
$1.5M
Largest

Read this first · the figures below need context

100% of The Hackett Family Fund’s FY2024 grant dollars went to Fidelity Investments Charitable Gift Fund, not to grantees.

Its money now reaches organizations through that sponsor, which does not report who recommended each grant. FY2024 names 0 organizations directly, so a portfolio cannot be read from it.

Organizations named directly on the return

0
’17
1
’18
1
’19
0
’20
0
’21
0
’22
1
’23
0
’24

Amber years are those where most dollars went to a sponsor.

01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Philanthropy$8.6MEnvironment$15kEducation$2kHuman Services$9
02FY2024 · 1 grant

Where the money goes

Grants by size, and the largest recipients.

$1,500,000
Median grant
1
States reached
$22M
Total assets
Largest grants
RecipientAmount
Fidelity Charitable$1,500,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY17–24) land where the poverty rate runs at 16%, against an area that typically sits at 15%. 89% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 15%Fidelity Charitable: $1.5M → 16%Trustees of the University of Pennsylvania: $1k → 22%Romulus T Weatherman Memorial Fund: $100k → 7%CHARITABLE DEDUCTIONS FROM PASSTHROUGH: $17 → 17%Miscellaneous Charities: $9 → 9%FIDELITY CHARITABLE: $250k → 11%Trustees of the University of Pennsylvania: $1k → 22%CHARITABLE DEDUCTIONS FROM PASSTHROUGH: $15 → 17%NORWALK HARBOR KEEPER: $10k → 9%CHARITABLE DEDUCTIONS FROM PASSTHROUGH: $12 → 17%NORWALK HARBOR KEEPER: $5k → 9%Charitable Deductions From PassThrough: $10 → 17%Charitable Deductions From Passthrough: $9 → 17%Goldman Sachs Philanthropy Fund: $1.5M → 17%Goldman Sachs Philanthropy Fund: $93k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

85%of every dollar goes to organizations it has funded before.
$4.5M · 4 repeat orgs$805k to everyone else

4 repeat relationships: 0 still active in FY2023, 4 since wound down; 2 grantees were first funded in FY2023 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

4
1

Total granted

$4.5M
$705k

Still filing today

0%
0%

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $100k went to new ones.

50%100%’17’18’19’20’21’23
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • PT
    PATRICK T HACKETT FIDELITY CHARITABLE GIFT FUND
    3× · 2019–2021 · $3.3M
  • JP
    JANIENE P HACKETT FIDELITY CHARITABLE GIFT FUND
    2× · 2018–2019 · $1.1M
  • NH
    NORWALK HARBOR KEEPER
    2× · 2018–2019 · $15k · revenue -100%

Funded once

  • JP
    Janienne P Hackett Fidelity Charitable Gift Fund
    one grant, 2017 · $705k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

5 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 5 of the 10 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
0
Early backer (in before they grew)
4/5
Grantees still filing
3/5
Grew since first funded

Where the money sits, by cause and then by grantee

PATRICK T HACKETT FIDELITY CHARITABLE GIFT FUND: $3,341,504 · OtherPATRICK T HACKETT FIDELITY CHARITABLE GIFT FUNDJANIENE P HACKETT FIDELITY CHARITABLE GIFT FUND: $1,118,663 · OtherJANIENE P HACKETT FIDELITY CHARITABLE GIFT FUNDJanienne P Hackett Fidelity Charitable Gift Fund: $705,031 · OtherJanienne P Hackett Fidelity Charitable Gift Fund+3 more: $15,072 · OtherFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $1,750,000 · Community ImprovementFIDELITY INVESTMENTS C…GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC: $1,592,805 · PhilanthropyGS DONOR ADVISED PHILA…Romulus T Weatherman Memorial Fund: $100,000 · PhilanthropyRomulus T Weatherman M…TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $2,000 · Education
Other$5,180,270Community Improvement$1,750,000Philanthropy$1,692,805Education$2,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetFIDELITY INVESTMENTS CHARITABLE GIFT FUND: $1,750,000 over 2y, 0.0% of budgetGS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC: $1,592,805 over 2y, 0.1% of budgetRomulus T Weatherman Memorial Fund: $100,000 over 1y, 2.6% of budgetNORWALK HARBOR KEEPER: $15,000 over 2y, 9.2% of budgetTRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA: $2,000 over 2y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds FIDELITY INVESTMENTS CHARITABLE GIFT FUND ↗
  • Who funds GS DONOR ADVISED PHILANTHROPY FUND FOR WEALTH MANAGEMENT INC ↗
  • Who funds Romulus T Weatherman Memorial Fund ↗
  • Who funds NORWALK HARBOR KEEPER ↗
  • Who funds TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA ↗

How much its grantees rely on government

Each dot is one organization The Hackett Family Fund funds: left to right is the share of its income from government, bottom to top the share from The Hackett Family Fund. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%3%5%8%10%share of the org’s income from government →
    no gov moneyreceives it· size = income
    1get no government money at all
    0rely on government for over half their income
    ⤢ axis zoomed · 0–10%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 10 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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