# Hoyt Foundation

Hoyt Foundation is an Endowment / Foundation based in Binghamton, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Binghamton, United States
- **Region:** North America
- **Address:** Binghamton, New York, United States
- **Founded:** 1971
- **Assets under management:** Undisclosed
- **Website:** www.hoytfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/hoyt-foundation-inc

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Philanthropy

## People

- Willma C. Hoyt — Founder
- Stewart W. Hoyt — Founder
- Catherine A. Schwoeffermann — Chief Executive Officer

## 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.

### 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.

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Last updated: 2026-06-03T20:00:00.000Z

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