Hess Philanthropic Fund is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2016. The principal officer is % Tag. It holds total assets of $239.2M. Annual income is reported at $55.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hess Philanthropic Fund has made 249 grants totaling $60.3M, with a median grant of $20K. The foundation has distributed between $14.2M and $31.6M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $31.6M distributed across 130 grants. Individual grants have ranged from $1 to $5.1M, with an average award of $242K. The foundation has supported 91 unique organizations. The foundation primarily supports organizations in New York, District of Columbia, Massachusetts, which account for 87% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Hess Philanthropic Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 249 grants. Its grantmaking reaches organizations primarily in NY, DC, MA.
Hess Philanthropic Fund has distributed a total of $60.3M across 249 grants. The median grant size is $20K, with an average of $242K. Individual grants have ranged from $1 to $5.1M.
Hess Philanthropic Fund typically selects its grantees rather than accepting unsolicited proposals.
Hess Philanthropic Fund is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marlene Hess | DIRECTOR | $0 | $0 | $0 |
| Peter Hess Friedland | DIRECTOR | $0 | $0 | $0 |
| Margaret Hess Chi | DIRECTOR | $0 | $0 | $0 |
Total Giving
$20.3M
Total Assets
$234.1M
Fair Market Value
N/A
Net Worth
$234.1M
Grants Paid
N/A
Contributions
$10.8M
Net Investment Income
$9.3M
Distribution Amount
$14.5M
Total Grants
249
Total Giving
$60.3M
Average Grant
$242K
Median Grant
$20K
Unique Recipients
91
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Conversation ProductionsCHARITABLE | Parkersburg, WV | $50K | 2023 |
| Brown UniversityCHARITABLE | Providence, RI | $20K | 2023 |
| Neue GalerieCHARITABLE | New York, NY | $10K | 2023 |
| Christ ChurchCHARITABLE | New York, NY | $10K | 2023 |
| Museum Of Modern ArtCHARITABLE |
| New York, NY |
| $5.1M |
| 2023 |
| Rockefeller UniversityCHARITABLE | New York, NY | $4.1M | 2023 |
| New York PresbyterianCHARITABLE | New York, NY | $1.1M | 2023 |
| Metropolitan OperaCHARITABLE | New York, NY | $825K | 2023 |
| National Trust For Historic PreservationCHARITABLE | Washington Dc, DC | $500K | 2023 |
| Council Of Foreign RelationsCHARITABLE | New York, NY | $300K | 2023 |
| Congregation Emanu-ElCHARITABLE | New York, NY | $264K | 2023 |
| Asia SocietyCHARITABLE | New York, NY | $250K | 2023 |
| American Museum Of Natural HistoryCHARITABLE | New York, NY | $235K | 2023 |
| Harvard CollegeCHARITABLE | Cambridge, MA | $200K | 2023 |
| WnetCHARITABLE | New York, NY | $200K | 2023 |
| Lincoln Center TheaterCHARITABLE | New York, NY | $165K | 2023 |
| Trinity SchoolCHARITABLE | New York, NY | $160K | 2023 |
| Sesame WorkshopCHARITABLE | New York, NY | $136K | 2023 |
| Jazz At Lincoln CenterCHARITABLE | New York, NY | $120K | 2023 |
| Services For The UnderservedCHARITABLE | Brooklyn, NY | $100K | 2023 |
| Citizens Committee For New YorkCHARITABLE | New York, NY | $75K | 2023 |
| Metropolitan Museum Of ArtCHARITABLE | New York, NY | $65K | 2023 |
| Central Park ConservancyCHARITABLE | New York, NY | $50K | 2023 |
| Lincoln Center For The Performing ArtsCHARITABLE | New York, NY | $50K | 2023 |
| Henry Street Settlement Art ShowCHARITABLE | New York, NY | $50K | 2023 |
| Moma Ps1CHARITABLE | Long Island City, NY | $25K | 2023 |
| Child Mind InstituteCHARITABLE | New York, NY | $25K | 2023 |
| New York City BalletCHARITABLE | New York, NY | $25K | 2023 |
| Sanctuary For FamiliesCHARITABLE | New York, NY | $20K | 2023 |
| Public Theatreny ShakespeareCHARITABLE | New York, NY | $15K | 2023 |
| New York Presbyterian Hypertension CenterCHARITABLE | New York, NY | $15K | 2023 |
| American Associates Of The National TheaterCHARITABLE | New York, NY | $15K | 2023 |
| Roundabout Theatre CompanyCHARITABLE | New York, NY | $15K | 2023 |
| The CiviliansCHARITABLE | Brooklyn, NY | $15K | 2023 |
| Tate Americas FoundationCHARITABLE | New York, NY | $13K | 2023 |
| Manhattan Theatre ClubCHARITABLE | New York, NY | $13K | 2023 |
| International Council Of MomaCHARITABLE | New York, NY | $10K | 2023 |
| World Jewish CongressCHARITABLE | New York, NY | $10K | 2023 |
| Planned Parenthood Of Greater New YorkCHARITABLE | New York, NY | $10K | 2023 |
| New York Stem Cell FoundationCHARITABLE | New York, NY | $10K | 2023 |
| New York Public LibraryCHARITABLE | New York, NY | $10K | 2023 |
| Americas Foundation Of The Serpentine GalleriesCHARITABLE | New York, NY | $10K | 2023 |
| Juvenile Diabetes Research Foundation -NyCHARITABLE | New York, NY | $10K | 2023 |
| Juvenile Diabetes Research Foundation -LaCHARITABLE | Los Angeles, CA | $10K | 2023 |
| Foundation 4 Arts & Preservation EmbassiesCHARITABLE | Washington, DC | $10K | 2023 |
| Eleanor Whitmore Early Childhood CenterCHARITABLE | East Hampton, NY | $10K | 2023 |
| Alzheimer'S Drug Discovery FoundationCHARITABLE | New York, NY | $10K | 2023 |
| Thomas G Labrecque FoundationCHARITABLE | Alexandria, VA | $10K | 2023 |
| World Monuments FundCHARITABLE | New York, NY | $5K | 2023 |
| The Brearley SchoolCHARITABLE | New York, NY | $5K | 2023 |
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