//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hfrx Foundation is a private corporation based in CHICAGO, IL. The foundation received its IRS ruling in 2007. The principal officer is Joseph G Nicholas. It holds total assets of $1.2M. Annual income is reported at $104K. Total assets have decreased from $3.1M in 2011 to $1.2M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in Illinois, Rhode Island and Florida. According to available records, Hfrx Foundation has made 15 grants totaling $792K, with a median grant of $10K. Annual giving has decreased from $592K in 2020 to $52K in 2022. Individual grants have ranged from $500 to $500K, with an average award of $53K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Rhode Island and Illinois and Florida. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$30K
Average Grant
$118K
Largest Grant
$500K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hfrx Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in RI, IL, FL.
Hfrx Foundation has distributed a total of $792K across 15 grants. The median grant size is $10K, with an average of $53K. Individual grants have ranged from $500 to $500K.
Hfrx Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hfrx Foundation is headquartered in CHICAGO, IL. While based in IL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph G Nicholas | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| George F Nicholas Jr | DIRECTOR | $0 | $0 | N/A |
Total Giving
$79K
Total Assets
$1.2M
Fair Market Value
$1.3M
Net Worth
$1.2M
Grants Paid
$53K
Contributions
N/A
Net Investment Income
$64K
Distribution Amount
$62K
Total: N/A
Total Grants
15
Total Giving
$792K
Average Grant
$53K
Median Grant
$10K
Unique Recipients
9
Most Common Grant
$30K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St IgnatiusGENERAL OPERATING | Chicago, IL | $500 | 2022 |
| Naval War College FoundationGENERAL OPERATING | Newport, RI | $25K | 2022 |
| Misericordia HomeGENERAL OPERATING | Chicago, IL | $15K | 2022 |
| Chicago Dermatological SocietyGENERAL OPERATING | Chicago, IL | $5K | 2022 |
| Lake Forest Country Day SchoolGENERAL OPERATING | Lake Forest, IL | $5K | 2022 |
| Mbti Mind MatterGENERAL OPERATING | Chicago, IL | $1K | 2022 |
| Northwestern Memorial FoundationGENERAL OPERATING | Chicago, IL | $100K | 2021 |
| Nicklaus Children'S Hospital FoundationGENERAL OPERATING | Miami, FL | $10K | 2020 |
| Friends Of Lake Forest Parks And Recreation FoundationGENERAL OPERATING | Lake Forest, IL | $2K | 2020 |