Updated:
Hoyt Foundation
The Stewart W. and Willma C. Hoyt Foundation was established in 1971 by Willma C. Hoyt. Initial capital came from the Hoyts' IBM holdings. The entity continues...
Hoyt Foundation
The Stewart W. and Willma C. Hoyt Foundation was established in 1971 by Willma C. Hoyt. Initial capital came from the Hoyts' IBM holdings. The entity continues their local philanthropic priorities in Binghamton, New York. Grantmaking stays within Broome County. Funds support arts and humanities organizations, schools, health providers and human services agencies. No fund commitments or external co-investors appear in records. Activity remains confined to New York State. Catherine A. Schwoeffermann leads operations. The foundation lists one headquarters at 105-107 Court Street. It holds membership in the Council on Foundations and the New York Council of Nonprofits. No recent operational events from the last 24 months are documented. The foundation maintains a direct grant program without affiliated investment vehicles or succession structures beyond the original family mandate.
General information
Firm type
Endowment / Foundation
Year founded
1971
Location
Region
North America
Country
United States
City
Binghamton
Corporate office
Binghamton, New York, United States
Principals
Willma C. Hoyt
Founder
Stewart W. Hoyt
Founder
Catherine A. Schwoeffermann
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Hoyt Foundation?
Catherine A. Schwoeffermann serves as Chief Executive Officer. The foundation makes grants directly rather than managing external investments.
Where does the underlying wealth come from?
Initial assets trace to Stewart W. and Willma C. Hoyt's early holdings in IBM.
Does Hoyt Foundation participate in fund commitments or only direct deals?
The foundation conducts only direct local grantmaking. No fund commitments are recorded.
What investment stages does Hoyt Foundation typically target?
The foundation does not target investment stages. It distributes grants to established community organizations in Broome County.
How is Hoyt Foundation related to Community Foundation for South Central New York?
Former Executive Director Judith Peckham helped conceive the Community Foundation for South Central New York while at Hoyt Foundation.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on endowments & foundations?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: