Hesed Foundation

Organization Overview

Hesed Foundation is located in Los Angeles, CA. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hesed Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Hesed Foundation generated $250.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $210.6k during the year ending 12/2022. While expenses have increased by 8.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Hesed Foundation has awarded 100 individual grants totaling $903,808. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

CHARITABLE CONTRIBUTIONBENEFICIARY : BEL AIR PRESBYTERIAN CHURCH


CHARITABLE CONTRIBUTIONBENEFICIARY : CHURCH OF DEW


CHARITABLE CONTRIBUTIONBENEFICIARY : CENTER FOR STUDIES IN GLOBAL CHRISTIANITY


CHARITABLE CONTRIBUTIONBENEFICIARY : LEADERSHIP RESOURCE GROUP


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Board, Officers & Key Employees

Name (title)Compensation
David M Fung
President
$0
Hee Sook Fung
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $250,137
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 $250,137

Grants Awarded

Over the last fiscal year, Hesed Foundation has awarded $193,456 in support to 10 organizations.

Grant RecipientAmount

SCHOLAR LEADERS INTERNATIONAL

PURPOSE: GENERAL

$40,700

VISION INTERNATIONAL ALLIANCE

PURPOSE: MINISTRY

$1,750

LEADERSHIP RESOURCES GROUP

PURPOSE: GENERAL

$3,000

BEL AIR PRESBYTERIAN CHURCH

PURPOSE: GENERAL

$27,500

FULLER THEOLOGICAL SEMINARY

PURPOSE: GENERAL

$100,206

CENTER FOR STUDIES IN GLOBAL CHRIST

PURPOSE: GENERAL

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
Shimon Ben Joseph Foundation
San Francisco, CA
$14,791,553
Stupski Foundation
San Francisco, CA
$138,179
Sobrato Family Foundation
Mountain View, CA
$101,138,114
Resnick Foundation
Los Angeles, CA
$70,205,204
The Energy Foundation
San Francisco, CA
$57,878,896
Jen-Hsun & Lori Huang Foundation
Palo Alto, CA
$171,172,603
Wayne & Gladys Valley Charitable Foundation
Oakland, CA
$36,946,700
Prostate Cancer Foundation
Santa Monica, CA
$57,291,095
Roberts Foundation
San Mateo, CA
$135,366,002
Hellman Foundation
San Francisco, CA
$2,176,579
Enlight Foundation
Palo Alto, CA
$101,729,191
The Amgen Foundation Inc
Newbury Park, CA
$23,504,560
Craig Newmark Foundation
San Francisco, CA
$51,332,718
Evelyn And Walter Haas Jr Fund
San Francisco, CA
$10,244,968
Karsh Family Foundation
Beverly Hills, CA
$32,258,411
Virginia G Piper Charitable Trust 08-11-95
Phoenix, AZ
$23,907,785
Craig H Neilsen Foundation
Encino, CA
$11,029,951
The Marisla Foundation
Laguna Beach, CA
$35,592,677
Arnold And Mabel Beckman Foundation
Irvine, CA
$35,282,385
Libra Foundation
San Francisco, CA
$4,904,607
Ralph M Parsons Foundation
West Hollywood, CA
-$2,958,519
Skip Viragh Foundation Inc
Reno, NV
$22,111,570
James & Rebecca Morgan Family Foundation
Los Altos, CA
$2,868,330
Intel Foundation
Hillsboro, OR
$25,362,002
Baszucki Family Foundation
San Mateo, CA
$10,795,010

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