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William Randolph Hearst Foundation
New York, NY · EIN 136019226 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Very Large (>$50M)
revenue
$69.1M
expenses
$10.0M
net assets
$919.3M
employees
—
profile · synthesized from sources

The William Randolph Hearst Foundation is a private foundation based in New York that makes grants to support charitable, educational, and cultural institutions. It funds initiatives in health care, higher education, the arts, and social services, primarily through capital support and scholarship programs. The foundation does not operate programs directly but allocates resources to established organizations across the United States.

named programs · 6 · from sources

What they call their work

Anti-Human Trafficking Program
Supported at Covenant House to combat human trafficking
Hearst HS Media Internship
Internship program established at The Paley Center for Media
Inner City Scholarship Program
Provides financial support to K-12 students through Partnership Schools
Performing Arts Scholarships
Funds scholarships at The Juilliard School
Phobe Apperson Hearst Scholarship
Supports undergraduate financial aid at Harvard University
WRH Journalism Scholarship
Established at Columbia University to support journalism students
activities · 5 groups

What they do

  • University-Specific Endowment and Program Funding 1 activity
    • Funding academic departments and educational programs at research universities
      Provides financial support to academic departments and educational initiatives at institutions such as the University of California San Francisco (Psychiatry and Urology Departments) and The New York Botanical Garden.
  • Human Rights Advocacy Funding 1 activity
    • Funding anti-human trafficking programs and social services
      Supports anti-human trafficking initiatives through grants to Covenant House, a nonprofit organization providing services to at-risk youth and victims of trafficking.
  • Art Museum Funding and Support 1 activity
    • Funding capital projects for healthcare, arts, and cultural institutions
      Funds capital investments and facility expansions at major institutions, including a new cancer building at New York-Presbyterian Hospital, the Building LACMA campaign at Los Angeles County Museum of Art, expansion at the Norton Museum of Art, and the Visitors Center and 4D Theater Lobby at Alamo Trust Inc.
  • Local High School Scholarship Programs 1 activity
    • Funding higher education scholarships and financial aid
      Provides funding for undergraduate financial aid and scholarships at universities, including the Phoebe Apperson Hearst Scholarship at Harvard University and scholarship programs through Inner City Scholarship (Partnership Schools).
  • Arts Education Scholarships 1 activity
    • Funding journalism, media, and performing arts scholarships
      Funds scholarship programs in journalism and media, including the William Randolph Hearst Journalism Scholarship at Columbia University and the Hearst HS Media Internship at The Paley Center for Media, as well as performing arts scholarships at The Juilliard School.
financials · form 990PF · fy2024
revenue
Total revenue$69.14M
Contributions & grants——
Program service revenue——
Investment income$4.06M6%
Other revenue—
expenses
Total expenses$9.96M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$459K
Grants paid out$34.93M
balance sheet
Total assets$942.66M
Cash—
Investments—
Liabilities—
Net assets$919.33M
4 years on record · 2020–2024 · YoY revenue -12.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
Donna Kalajian Lagani VP Eastern Dirrector 27 $385K
Mary Fisher Treasurer Controller 27 $177K
board members · 12
  • Anissa B Balson — Vice President Director
  • David J Barrett — Vice President Director
  • Frank J Bennack Jr — Vice President Director
  • George R Hearst III — Vice President Director
  • Gilbert C MaurerDeceased 2025 — Vice President Director
  • James M Asher — VP Secretary Director
  • John G Conomikes — Vice President Director
  • Lisa H Hagerman — Vice President Director
  • Mark F Miller — Vice President Director
  • Steven R Swartz — Vice President Director
  • Virginia H Randt — Vice President Director
  • William R Hearst III — President Director
relationships · 12

Who they work with

  • Alamo Trust Inc Partner — Recipient of a $500,000 grant for the Visitors Center and 4D Theater Lobby
  • Columbia University in the City of NY Partner — Recipient of a $500,000 grant to establish the WRH Journalism Scholarship
  • Covenant House Partner — Recipient of a $500,000 grant for anti-human trafficking programs
  • Harvard University Partner — Recipient of a $500,000 grant for undergraduate financial aid via the Phoebe Apperson Hearst Scholarship
  • Inner City Scholarship (Partnership Schools) Partner — Recipient of a $500,000 grant for student scholarships
  • Los Angeles County Museum of Art Partner — Recipient of a $500,000 grant for the Building LACMA capital campaign
  • New York-Presbyterian Hospital Partner — Recipient of a $2 million grant for a new cancer building
  • Norton Museum of Art Partner — Recipient of a $1 million grant for facility expansion and renovation
  • The Juilliard School Partner — Recipient of a $500,000 grant for performing arts scholarships
  • The New York Botanical Garden Partner — Recipient of a $375,000 grant for educational programs
  • The Paley Center for Media Partner — Recipient of a $500,000 grant to establish the Hearst HS Media Internship
  • University of California San Francisco Partner — Recipient of a $375,000 grant for the Psychiatry and Urology Departments