EIN 81-3520745

Hess Philanthropic Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2023-11-01
NTEE code, primary
Description
The Hess Philanthropic Fund is a corporate foundation of Hess Corporation that primarily funds charitable initiatives and made 62 grants last year. Its grantees include the Museum of Modern Art and various other organizations, and it is located in New York, NY.
Total revenues
$24,091,549
2023
Total expenses
$20,335,458
2023
Total assets
$234,142,935
2023
Num. employees
0
2023

Grants made by Hess Philanthropic Fund

GranteeGrant descriptionAmount
The Rockefeller UniversityCharitable$4,135,000
National Trust for Historic PreservationCharitable$500,000
Council on Foreign Relations (CFR)Charitable$300,000
...and 38 more grants made totalling $7,015,680

Personnel at Hess Philanthropic Fund

NameTitleCompensation
Marlene HessDirector$0

Financials for Hess Philanthropic Fund

RevenuesFYE 11/2023
Total grants, contributions, etc.$10,773,722
Investment income and dividends$4,420,614
Net rental income$0
Net gain from sale of non-inventory assets$7,028,147
Gross sales of inventory$0
Miscellaneous revenues$1,869,066
Total revenues$24,091,549

Form 990s for Hess Philanthropic Fund

Fiscal year endingDate received by IRSFormPDF link
2023-112024-04-12990PFView PDF
2022-112023-04-14990PFView PDF
2021-112022-04-11990PFView PDF
2020-112021-10-12990PFView PDF
2019-112020-10-20990PRView PDF
...and 3 more Form 990s

Organizations like Hess Philanthropic Fund

OrganizationLocationRevenue
Gordon A Cain FoundationHouston, TX$45,747,295
Hirsch Family FoundationDallas, TX$34,969,949
The Kath FoundationHouston, TX$16,486,892
Terence and Jennifer Adderley FoundationDetroit, MI$7,319,864
The Anjulicia FoundationBend, OR$12,668,553
Hess FoundationParsippany, NJ$21,567,732
The Gary W Rollins FoundationAtlanta, GA$14,234,904
Weiler FoundationKnoxville, IA$7,388,393
Elia PhilanthropiesLos Angeles, CA$15,567,090
Star FoundationHouston, TX$15,290,230
Data update history
May 18, 2024
Posted financials
Added Form 990PF for fiscal year 2023
June 16, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 24, 2023
Updated personnel
Identified 3 new personnel
March 1, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsCorporate foundationsPrivate non-operating foundationsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
Co Tag 810 Seventh Ave
New York, NY 10019
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Phone
(212) 275-1573
IRS details
EIN
81-3520745
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T21: Corporate foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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