Hutchins Family Foundation

The Hutchins Family Foundation is a left-of-center grantmaking organization founded by private equity billionaire Glenn H. Hutchins and his wife, Debbie. The foundation has ties to far-left organizations such as the Democratic Party establishment-aligned think tank Center for American Progress and the Barack Obama Foundation. The organization focuses on issues related to education, health, and public policy. 1 2

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At-A-Glance

Type: Non-profit, 501(c)(3), Private Foundation
Issue Areas: Identity Politics (for race-based policy/activism), Immigration Policy
Philanthropist:

Glenn Hutchins

Location: New York, NY View on map
Tax ID: 37-1501785
Most Recent Filing: 2024
Budget (2024): Assets: $27,270,274 Revenue: $20,951,643 Expenses: $10,037,019

Contents

    Funded Ventures

    The Hutchins Family Foundation funded the creation of the Hutchins Center for African and African American Research Center at Harvard University. The Center houses a fellowship program that seeks research fellows to promote the Center’s left-leaning stance on issues such as race in higher education and race related adversity.

    The Chronic Fatigue Initiative is a research institute funded by the Hutchins Family Foundation with the mission of studying the causes and effects of Chronic Fatigue Syndrome.

    The Hutchins Center on Fiscal and Monetary Policy is a policy center housed at the center-left Brookings Institution, a think tank located in Washington D.C.

    Funding

    The Hutchins Family Foundation held total assets of $41,899,988 in 2017. All contributions to the Foundation came from Glenn Hutchins and related trusts. Total contributions to the private foundation in the same year added up to more than $9.5 million. 3

    The Hutchins Family Foundation is a major donor for the Center for American Progress (CAP), a far-left-leaning policy organization. The Foundation donated $1.5 million in 2017, $1 million in 2016, $1 million in 2015, and millions of dollars in years prior. Glenn Hutchins is a member of the CAP board of directors. 2

    The Hutchins Family Foundation has multiple connection to the Obama Foundation. The Obama Foundation received $4,000,000 from the Hutchins Family Foundation in 2017 and $1,000,000 in 2016. Glenn Hutchins currently sits on the board of the Obama Foundation. 2

    The Hutchins Family Foundation has made numerous multi-million-dollar donations to the Brookings Institution since Glenn Hutchins’ founding of the Hutchins Center on Fiscal and Monetary Policy including $2,140,000 in 2017. 2

    Leadership

    Glenn H. Hutchins is a graduate of Harvard University Law School and holds degrees from Harvard’s Law and Business schools. He made his fortune through his founding and management of Silver Lake Partners, a private equity firm worth over $39 billion. 4

    Aside from his business endeavors, Hutchins is highly active in American politics serving in multiple positions on the left for a number of years. He currently serves as a board member for the Obama Foundation and the Center for American Progress. He worked as a special advisor on economic and healthcare policy for President Bill Clinton. 5 Hutchins has made large donations to Democratic candidates and has donated more than $70,000 to the Democratic National Committee since 2004, $50,000 to Hillary Action Fund in 2016, and many more. 6

    Scott A. Carlson is executive director of the Hutchins Family Foundation. He also serves as the executive director of the Chronic Fatigue Initiative, and the senior advisor for Tide Mill LLC, an investment portfolio associated with the Hutchins family. The Hutchins Foundation paid him $285,000 in 2017 according to IRS returns. 7 8

    Debbie Hutchins, wife of Glenn Hutchins, is a member of the board of directors of the Hutchins Family Foundation. She serves as the president and secretary of the organization.

    Sarah W. Overbay is the managing director of the Hutchins Family Foundation and North Island, the “family office” of the Hutchins Family.

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $27,270,274 $20,951,643 $10,037,019 View
    2023 $26,678,369 $12,026,182 $11,079,859 View
    2022 $17,644,479 $18,681,074 $8,389,166 View
    2021 $19,537,645 $25,565,785 $11,854,557 View
    2020 $33,071,570 $32,283,792 $10,957,911 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Grant Activity

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $136,387,215
    • Number of Grants: 378
    • Number of Recipients: 185

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $5,000,0002023 The Barack Obama FoundationTO SUPPORT THE CHARITY'S MISSION.
    $4,000,0002024 The Barack Obama FoundationTO SUPPORT THE CHARITY'S MISSION.
    $4,000,0002022 The Barack Obama FoundationTO SUPPORT THE CHARITY'S MISSION.
    $4,000,0002021 The Barack Obama FoundationTO SUPPORT THE DEVELOPMENT OF NEXT GENERATION ACTIVE CITIZENS AND LEADERS.
    $4,000,0002020 The Barack Obama FoundationTO SUPPORT THE DEVELOPMENT OF NEXT GENERATION ACTIVE CITIZENS AND LEADERS.
    $2,750,0002024 Brookings InstitutionTO SUPPORT THE CHARITY'S MISSION.
    $2,750,0002023 Brookings InstitutionTO SUPPORT THE CHARITY'S MISSION.
    $2,653,7912020 Brookings InstitutionTO IMPROVING THE PERFORMANCE OF AMERICAN INSTITUTIONS AND THE QUALITY OF THE POLICIES THEY MAKE.
    $2,500,0002022 Brookings InstitutionTO SUPPORT THE CHARITY'S MISSION.
    $2,500,0002021 Brookings InstitutionTO IMPROVING THE PERFORMANCE OF AMERICAN INSTITUTIONS AND THE QUALITY OF THE POLICIES THEY MAKE.
    $2,010,0002021 President and Fellows of Harvard CollegeUNDERGRADUATE, GRADUATE, AND PROFESSIONAL EDUCATION AND RESEARCH ACROSS A BROAD ARRAY OF ACADEMIC DOMAINS.
    $2,000,0002024 Harvard UniversityTO SUPPORT THE CHARITY'S MISSION.
    $2,000,0002023 President and Fellows of Harvard CollegeTO SUPPORT THE CHARITY'S MISSION.
    $1,500,0002020 Center for American ProgressTO SUPPORT NON-PARTISAN RESEARCH AND EDUCATION DEDICATED TO ADVANCING PROGRESSIVE POLICY IDEAS.
    $1,012,1712022 The Lawrenceville SchoolTO SUPPORT THE CHARITY'S MISSION.
    $1,000,0002021 The Lawrenceville SchoolTO INSPIRE AND EDUCATE YOUNG PEOPLE OF SPECIAL PROMISE, FROM DIVERSE BACKGROUNDS, FOR RESPONSIBLE LEADERSHIP, PERSONAL FULFILLMENT, AND ENTHUSIASTIC PARTICIPATION IN AN INCREASINGLY COMPLEX WORLD. WITH HIGH STANDARDS OF CHARACTER AND SCHOLARSHIP, WE TEACH YOUNG PEOPLE THE VALUE OF HONEST WORK, RESPECT FOR DIFFERENCES, AND RESPONSIBILITY FOR THE WELL-BEING OF THEIR COMMUNITY.
    $1,000,0002020 The Lawrenceville SchoolTO INSPIRE AND EDUCATE YOUNG PEOPLE OF SPECIAL PROMISE, FROM DIVERSE BACKGROUNDS, FOR RESPONSIBLE LEADERSHIP, PERSONAL FULFILLMENT, AND ENTHUSIASTIC PARTICIPATION IN AN INCREASINGLY COMPLEX WORLD. WITH HIGH STANDARDS OF CHARACTER AND SCHOLARSHIP, WE TEACH YOUNG PEOPLE THE VALUE OF HONEST WORK, RESPECT FOR DIFFERENCES, AND RESPONSIBILITY FOR THE WELL-BEING OF THEIR COMMUNITY.
    $550,6672024 Trustees of the Lawrenceville SchoolTO SUPPORT THE CHARITY'S MISSION.
    $550,6672023 TRUSTEES OF THE LAWRENCEVILLE SCHOOL The Island SchoolTO SUPPORT THE CHARITY'S MISSION.
    $502,9002020 CARECARE IS A LEADING HUMANITARIAN ORGANIZATION FIGHTING GLOBAL POVERTY. WE PLACE SPECIAL FOCUS ON WORKING ALONGSIDE POOR WOMEN BECAUSE, EQUIPPED WITH THE PROPER RESOURCES, WOMEN HAVE THE POWER TO HELP WHOLE FAMILIES AND ENTIRE COMMUNITIES ESCAPE POVERTY. WOMEN ARE AT THE HEART OF CARE'S COMMUNITY-BASED EFFORTS TO IMPROVE BASIC EDUCATION, PREVENT THE SPREAD OF HIV, INCREASE ACCESS TO CLEAN WATER AND SANITATION, EXPAND ECONOMIC OPPORTUNITY AND PROTECT NATURAL RESOURCES. CARE ALSO DELIVERS EMERGENCY AID TO SURVIVORS OF WAR AND NATURAL DISASTERS, AND HELPS PEOPLE REBUILD THEIR LIVES.
    $250,0002020 Folger Shakespeare LibraryTHE SHAKESPEARE THEATRE COMPANYS (STC) MISSION IS TO CREATE, PRESERVE AND PROMOTE CLASSIC THEATRE AMBITIOUS, ENDURING PLAYS WITH UNIVERSAL THEMES FOR ALL AUDIENCES. VISION STC CREATES THEATRE TO IGNITE A DIALOGUE THAT CONNECTS THE UNIVERSALITY OF CLASSIC WORKS TO THE SHARED HUMAN EXPERIENCE IN THE MODERN WORLD.
    $243,0002023 George Jackson AcademyTO SUPPORT THE CHARITY'S MISSION.
    $233,5002024 George Jackson AcademyTO SUPPORT THE CHARITY'S MISSION.
    $200,0002022 George Jackson AcademyTO SUPPORT THE CHARITY'S MISSION.
    $200,0002021 George Jackson AcademyPUBLIC CHARITY

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    Financials, employee compensation, and grant information provided by Candid.

    Mentioned in this Article

    References

    1. “About.” Hutchins Family Foundation. Accessed May 27, 2019. http://hutchinsfamilyfoundation.org/about.
    2. IRS Return of Organization Exempt from Income Tax: Hutchins Family Foundation. Part XV: Grants and Contributions Paid During the Year or Approved for Future Payment.
    3. IRS Return of Organization Exempt from Income Tax: Hutchins Family Foundation. Schedule B, Part I: Contributors.
    4. Gottfried, Miriam, and Dawn Lim. “Silver Lake, Silicon Valley Deal Pioneer, Plays Unaccustomed Role: Predator.” The Wall Street Journal. December 15, 2017. Accessed June 05, 2019. https://www.wsj.com/articles/silver-lake-silicon-valley-deal-pioneer-plays-unaccustomed-role-predator-1513342800.
    5. “Federal Reserve Bank of NY Profiles: Glenn Hutchins.” FRBNY. Accessed May 27, 2019. https://www.newyorkfed.org/aboutthefed/orgchart/board/hutchins.
    6. FEC Form 3X: Schedule A, Itemized Receipts. Line C: Hutchins, Glenn Hogan. http://docquery.fec.gov/cgi-bin/fecimg/?201612169040612064.[/note] [note] FEC Individual Contributions Database: Hutchins, Glenn Hogan. http://docquery.fec.gov/cgi-bin/qindcont/CT/545088.10/2/22640.
    7. IRS Return of Organization Exempt from Income Tax: Hutchins Family Foundation. Part VIII.
    8. “User Profile: Scott Carlson.” LinkedIn. Accessed May 28, 2019. https://www.linkedin.com/in/scottcarlsoncalyxmgt/.