//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hesed Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2006. The principal officer is Hee-Sook Fung. It holds total assets of $3.1M. Annual income is reported at $463K. Total assets have grown from $1.5M in 2011 to $2.8M in 2023. The foundation is governed by 2 officers and trustees. Charitable contributionbeneficiary : bel air presbyterian church. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in California, South Carolina and New Jersey. According to available records, Hesed Foundation has made 44 grants totaling $689K, with a median grant of $3K. Annual giving has grown from $42K in 2020 to $259K in 2023. Grantmaking activity was highest in 2022 with $387K distributed across 20 grants. Individual grants have ranged from $300 to $100K, with an average award of $16K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in California, Illinois, New York, which account for 80% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$6K
Largest Grant
$27K
Based on 7 grants from the most recent 990-PF filing.
Charitable contributionbeneficiary : bel air presbyterian church
Charitable contributionbeneficiary : church of dew
Charitable contributionbeneficiary : center for studies in global christianity
Charitable contributionbeneficiary : leadership resource group
Charitable contributionbeneficiary : bel air presbyterian church. Based on available records, the foundation has funded 44 grants. Its grantmaking reaches organizations primarily in CA, IL, NY.
Hesed Foundation has distributed a total of $689K across 44 grants. The median grant size is $3K, with an average of $16K. Individual grants have ranged from $300 to $100K.
Hesed Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hesed Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David M Fung | President | $0 | $0 | N/A |
| Hee Sook Fung | Treasurer | $0 | $0 | N/A |
Total Giving
$284K
Total Assets
$2.8M
Fair Market Value
N/A
Net Worth
$2.8M
Grants Paid
$259K
Contributions
N/A
Net Investment Income
$234K
Distribution Amount
N/A
Total Grants
44
Total Giving
$689K
Average Grant
$16K
Median Grant
$3K
Unique Recipients
26
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fuller Theological SeminaryGENERAL | Pasadena, CA | $100K | 2023 |
| Dream Center FoundationGENERAL | Los Angeles, CA | $51K | 2023 |
| Bel Air Presbyterian ChurchGENERAL | Los Angeles, CA | $27K | 2023 |
| Scholar Leaders InternationalGENERAL | Deerfield, IL | $20K | 2023 |
| Christ For The City Intl IncGENERAL | Omaha, NE | $15K | 2023 |
| Care For ChildrenGENERAL | Leawood, KS | $10K | 2023 |
| Center For Studies In Global ChristGENERAL | Port Chester, NY | $10K | 2023 |
| Venice Free Methodist ChurchGENERAL | Los Angeles, CA | $8K | 2023 |
| Leighton Ford MinistryGENERAL | Charlotte, NC | $4K | 2023 |
| Gateway ChurchGENERAL | Southlake, TX | $4K | 2023 |
| First Chinese Baptist ChurchGENERAL | Los Angeles, CA | $2K | 2023 |
| Greek Evengelical Church Of LaGENERAL | Arcadia, CA | $2K | 2023 |
| West Valley ChristianGENERAL | West Hills, CA | $2K | 2023 |
| Baja Missions MinistryGENERAL | Marina Del Rey, CA | $2K | 2023 |
| Amg InternationalGENERAL | Chattanooga, TN | $2K | 2023 |
| Lighthouse Medical MissionsGENERAL | Santa Monica, CA | $1K | 2023 |
| Zoe InternationalGENERAL | Santa Clarita, CA | $500 | 2023 |
| Love For One Soul ChurchGENERAL | Buena Park, CA | $5K | 2022 |
| La Global Mission ChurchGENERAL | Los Angeles, CA | $3K | 2022 |
| Leadership Resources GroupGENERAL | Pasadena, CA | $3K | 2022 |
| The Salvation Army Of So CalGENERAL | Long Beach, CA | $2K | 2022 |
| Vision International AllianceMINISTRY | Los Angeles, CA | $2K | 2022 |
| White Harvest FoundationGENERAL | Pawleys Island, SC | $1K | 2020 |
| The White Rainbow ProjectGENERAL | Bonsall, CA | $1K | 2020 |
| Dreamers Community ChurchGENERAL | Fort Lee, NJ | $1K | 2020 |
| Home On The Green PasturesGENERAL | Tustin, CA | $1K | 2020 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA