Hess Foundation Inc
Preselected recipients only
Hess Foundation Inc is a private foundation in Parsippany, New Jersey. In tax year 2023 it gave $63.4 million in 141 grants; the typical grant was $50,000 and the largest $20.1 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$63.4 million
- Number of grants141
- Typical grant$50,000
- Largest grant$20.1 million
- Assets$1.2 billion
- New grantees32%
Giving in 2023 was up from $41.0 million the year before.
32% of its 2023 grantees had not received a grant from it the year before, a mix of repeat and new grantees.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $41.0 million | 135 | $1.1 billion |
| 2023 | $63.4 million | 141 | $1.2 billion |
How to apply
Hess Foundation Inc says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What Hess Foundation Inc funds
Where it gives
Its grants went to recipients in 16 states, the most to Pennsylvania.
| State | Grants | Amount |
|---|---|---|
| Pennsylvania | 78 | $41.0 million |
| Massachusetts | 11 | $11.6 million |
| New York | 15 | $4.4 million |
| District of Columbia | 12 | $3.1 million |
| California | 6 | $2.0 million |
| Texas | 2 | $600,000 |
| Georgia | 4 | $270,000 |
| New Jersey | 3 | $150,000 |
| Virginia | 1 | $100,000 |
| Maine | 2 | $20,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Icahn School of Medicine | The raquel and jaime gilinski department of obstetrics, gynecology and reproductive science and unrestricted purposes | $20.1 million |
| Steppingstone Foundation | Endowment for staff salaries and unrestricted purposes | $5.3 million |
| Harvard Business School | John b. Hess fund for innovation and leadership, the hbs dean's honorary endowment for business and society and unrestricted purposes | $5.2 million |
| College of Physicians of Philadelphia | An unrestricted grant to further the donee's exempt purpose. | $5.0 million |
| Lincoln Ctr for the Performing Arts | For the design, reconstruction and endowment of david geffen hall and unrestricted purposes | $4.3 million |
| Philadelphia Orchestra | An unrestricted grant to further the donee's exempt purpose. | $4.0 million |
| Center for Strategic & International Studies | An unrestricted grant to further the donee's exempt purpose. | $2.0 million |
| Franklin Institute | Earth systems exhibit and unrestricted purposes | $1.6 million |
| CP 2023 | An unrestricted grant to further the donee's exempt purpose. | $1.5 million |
| Park Avenue Synagogue | An unrestricted grant to further the donee's exempt purpose. | $1.1 million |
| Museum Associates | An unrestricted grant to further the donee's exempt purpose. | $1.1 million |
| Usta Foundation Incorporated | An unrestricted grant to further the donee's exempt purpose. | $1.0 million |
| Ejs Presidential Foundation | An unrestricted grant to further the donee's exempt purpose. | $550,000 |
| Film Society of Lincoln Center Inc | An unrestricted grant to further the donee's exempt purpose. | $500,000 |
| Kode With Klossy Inc | An unrestricted grant to further the donee's exempt purpose. | $500,000 |
| United Way of Greater Houston | An unrestricted grant to further the donee's exempt purpose. | $500,000 |
| Center for Reproductive Rights | An unrestricted grant to further the donee's exempt purpose. | $350,000 |
| Mount Sinai Hospital | An unrestricted grant to further the donee's exempt purpose. | $325,000 |
| Trustees of the University of Pa | Williams fellowship/ldi healthcare access & affordability research fund/unrestricted | $320,000 |
| Studio Museum in Harlem | An unrestricted grant to further the donee's exempt purpose. | $300,000 |
| Whitney Museum of American Art | An unrestricted grant to further the donee's exempt purpose. | $260,000 |
| Eisenhower Exchange Fellowships | Endowing the dr. Walter t. Gwenigale fellowship | $250,000 |
| Ryan's Case for Smiles | An unrestricted grant to further the donee's exempt purpose. | $250,000 |
| Share Food Program | An unrestricted grant to further the donee's exempt purpose. | $250,000 |
| Sponsors for Educational Opportunity | An unrestricted grant to further the donee's exempt purpose. | $250,000 |
| The Trust for Public Land | An unrestricted grant to further the donee's exempt purpose. | $250,000 |
| Philadelphia Museum of Art | An unrestricted grant to further the donee's exempt purpose. | $218,000 |
| Animal Care and Control Team | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| Barnard College | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| Columbia University | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| Hospital for Special Surgery | To endow the david w. Altchek chair in sports medicine at the sports medicine institute | $200,000 |
| New York Philharmonic | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| Nuclear Threat Initiative | Artificial intelligence and emerging technology programs | $187,500 |
| Greenlight Fund | An unrestricted grant to further the donee's exempt purpose. | $175,000 |
| Hias Pennsylvania | An unrestricted grant to further the donee's exempt purpose. | $150,000 |
| Kleinlife | An unrestricted grant to further the donee's exempt purpose. | $150,000 |
| Morehouse College | An unrestricted grant to further the donee's exempt purpose. | $150,000 |
| Anti-Defamation League | An unrestricted grant to further the donee's exempt purpose. | $145,000 |
| Philabundance | An unrestricted grant to further the donee's exempt purpose. | $140,000 |
| BABY2BABY | An unrestricted grant to further the donee's exempt purpose. | $125,000 |
Officers and trustees
- Constance Williamsco Hess Foundatn
- Eugene Wgoodwillie Jr Co Hess Fnd
- John B Hess Co Hess Foundation
- Thomas H Kean Co Hess Foundation
Questions people ask
Does Hess Foundation Inc accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Hess Foundation Inc give?
$63.4 million in tax year 2023, across 141 grants, with a typical grant of $50,000.
Who runs Hess Foundation Inc?
Its 2023 filing lists Constance Williamsco Hess Foundatn (Director, Vice President), Eugene Wgoodwillie Jr Co Hess Fnd (Outgoing Director, Treasurer), John B Hess Co Hess Foundation (Director, President) and Thomas H Kean Co Hess Foundation (Director, Secretary).
What does Hess Foundation Inc fund?
Based on its grants, mainly education, health and science and research.