Funder DirectoryHESS FOUNDATION INC
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Private foundation (trust)EIN 221713046Est. 1957-10

HESS FOUNDATION INC

PARSIPPANY, NJ 07054

Total Assets

$1.2B

FY 2023

Annual Giving

$63.4M

FY 2023

Grants Made

141

FY 2023

Avg Grant

$450K

FY 2023

Grant Range

$1K–$20.1M

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$43.2M

Total Expenses

$74.4M

Qualifying Distributions

$64.2M

Distributable Amount

$55.1M

Min. Investment Return

$55.3M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

141 grants

Grant sizes from minimum $1K through median $50K to maximum $20.1M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2019 to 2023. Peak $63.4M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

ICAHN SCHOOL OF MEDICINE
$21.2M
3 grants
HARVARD BUSINESS SCHOOL
$20.6M
5 grants
LINCOLN CTR FOR THE PERFORMING ARTS
$15.6M
4 grants
PHILADELPHIA ORCHESTRA
$8.5M
4 grants
STEPPINGSTONE FOUNDATION
$6.2M
4 grants
PARK AVENUE SYNAGOGUE
$5.5M
4 grants
STEPPINGSTONE SCHOLARS INC
$5.3M
3 grants
HEIGHTS PHILADELPHIA
$5.0M
2 grants

Grant Size Distribution

500 grants

<$10K
118
grants
$10–50K
164
grants
$50–250K
133
grants
$250K–1M
50
grants
$1–5M
28
grants
$5M+
7
grants

Geographic Focus

19 states

Pennsylvania
$76.1M
44% of total
New York
$38.6M
23% of total
Massachusetts
$36.6M
21% of total
District of Columbia
$10.1M
6% of total
California
$5.2M
3% of total
Texas
$1.4M
1% of total
Florida
$1.0M
1% of total
New Jersey
$676K
0% of total
Virginia
$450K
0% of total
Georgia
$300K
0% of total

+9 more states

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HESS FOUNDATION INC — Grants, Financials & Contact | Grantivo