The Hess Foundation Inc
- Assets
- $0.0
- Revenue
- $105.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Frederick, MD
- Founding
- 06/2014
- Data as of
- 12/2019
- EIN
- 45-5480925
Organization Overview
The Hess Foundation Inc is located in Frederick, MD. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations.
For the year ending 12/2019, Hess Foundation Inc generated $105.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $107.9k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles F Hess President | 0 | $0 | |
Andrew D Hess Secretary | 0 | $0 | |
Chris Carpenito Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $105,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $105,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,173 |
| Total operating and administrative expenses | $2,883 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $107,883 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Hess Foundation Inc has awarded $106,275 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITIES AT SHADY GROVE PURPOSE: C.E.O. PROGRAM | $105,000 |
KID MUSEUM PURPOSE: GENERAL OPERATING SUPPORT | $1,275 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Donald B And Dorothy L Stabler Foundation Harrisburg, PA | $483,040,822 | $63,822,611 |
International Planned Parenthood Federation - Worldwide Inc Washington, DC | $12,892,390 | $8,172,775 |
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
International Initiative For Impact Evaluation Inc Washington, DC | $36,732,624 | $4,478,166 |
Washington Lawyers Committee For Civil Rights & Urban Affairs Washington, DC | $6,938,100 | $7,098,758 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
Rubin Family Foundation Bensalem, PA | $4,953,491 | $893,762 |
Ruth And Jo Stone Foundation Wilmington, DE | $38,423,105 | $10,158,893 |
Westmoreland Cultural Trust Greensburg, PA | $14,583,491 | $2,146,840 |
Tudor Place Foundation Inc Washington, DC | $3,166,856 | $2,256,203 |
The Beirne Carter Foundation Richmond, VA | $25,189,504 | $3,003,577 |
Homes For Hope Lancaster, PA | $4,138,617 | $1,481,409 |