2022 BY THE NUMBERS

$1.06 billion

in total assets

$40.6 million

in contributions

41 new funds

1503 named funds

$ 54.4 million in grants

$948.5 million since 1925

-15.1% in the Corporate Portfolio and -12.7% in the Trust Portfolio.

GRANTMAKING AND ENDOWMENT 2022

The Hartford Foundation expanded its impact in 2022, awarding $54.4 million to nonprofit organizations aligned with our strategic priorities and donor recommendations. Among more than 3000 grants are dozens of organizations that had not previously received funding from the Foundation.

Grants by Outcome Area

TOTAL GRANTS*:  $54,386,215  |  INDIVIDUAL GRANTS:  3,300

Endowment by Fund Type

as of December 31, 2022

Our carefully managed endowment guarantees the endurance of our resources and the progress it supports. We balance risk and return, growth and spending so we can protect tomorrow’s assets while addressing today’s needs.

Summary of Finances

2022 2021
ASSETS
Investments 1,039,405,837 1,231,795,878
Other Assets 18,389,082 16,094,665
Total Assets 1,057,794,919 1,247,890,543
LIABILITIES AND NET ASSETS
Grants and Other Payables 22,494,607 20,330,597
Other Liabilities 17,559,918 15,660,812
Net Assets 1,017,740,394 1,211,899,134
Total Liabilities and Net Assets 1,057,794,919 1,247,890,543
REVENUES
Contributions 40,575,694 24,529,055
Other Revenue / (Loss) 256,107 1,535,305
Total Revenues 40,831,801 26,064,360
GRANTS AND EXPENSES
Grants* 54,386,215 45,156,873
Program support and Foundation-
administered Projects
2,469,275 2,637,116
Operating Expenses 9,349,597 8,479,528
Total Grants and Expenses 66,205,087 56,273,517
TOTAL INVESTMENT RETURN (168,785,458) 152,808,778
TOTAL ASSETS
Beginning of the Year 1,247,890,543 1,125,106,021
End of Year 1,057,794,919 1,247,890,543

* Does not include grants from agency endowments

For a complete copy of the audited report of the Hartford Foundation’s finances for 2022, visit our website at hfpg.org/audit or contact the Finance department at 860-548-1888. To view a copy of our tax return (IRS Form 990), visit guidestar.org or contact the Foundation.