Hess Philanthropic Fund

Organization Overview

Hess Philanthropic Fund is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Hess Philanthropic Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

Since 2021, Hess Philanthropic Fund has awarded 138 individual grants totaling $99,637,193. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,773,722
Interest on Savings $56,324
Dividends & Interest $3,017,609
Net Rental Income$0
Net Gain on Sale of Assets $17,878,172
Capital Gain Net Income $17,878,172
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $865,347
Total Revenue $32,591,174

Grants Awarded

Over the last fiscal year, Hess Philanthropic Fund has awarded $63,580,993 in support to 73 organizations.

Grant RecipientAmount

ROCKEFELLER UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$32,500,000

METROPOLITAN OPERA

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$5,000,000

MUSEUM OF MODERN ART

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$4,000,000

NEW YORK PRESBYTERIAN HOSPITAL

PURPOSE: CHARITABLE

$4,000,000

MUSEUM OF MODERN ART

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$3,757,800

ROCKEFELLER UNIVERSITY

Org PageRecipient Profile

New York, NY

PURPOSE: CHARITABLE

$3,175,000
View Grant Profile

Peer Organizations

Organization NameAssets
Jader Trust 4
New York, NY
$157,383,970
Rockefeller Family Fund Inc
New York, NY
$43,772,368
Shapiro-Silverberg Foundation
New York, NY
$24,069,378
Hess Philanthropic Fund
New York, NY
$32,591,174
Edith L Trees Charitable Trust
Pittsburgh, PA
$23,983,044
Natural Heritage Trust
Albany, NY
$23,861,363
Hollow Metal Trust Fund
New York, NY
$12,661,866
Halvorsen Family Foundation
Greenwich, CT
$4,015,208
Adp Foundation
Roseland, NJ
$20,725,290
Lynch Foundation
Boston, MA
$42,142,694
Foundation Berma
New York, NY
$33,382,644
Bam Endowment Trust
Brooklyn, NY
$5,566,840

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