Hess Foundation Inc

EIN 221713046

Parsippany, NJ 07054 |(973) 403-7997

Total Given 2017–2024
$283.8M
1,015 grants · $35.5M avg/year
based on 8 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$30K
typical mid grants · $10K–$100K
grant size
53%
supporter · 198/377 multi-year
repeat
$1.2B
Assets (2024)
377
Distinct Recipients

About

See explanation provided in Statements 14 and 18

Focus Areas

Education Health Arts & Culture Human Services Youth Development

Application Information

Accepts Unsolicited Proposals No — Preselected Only
Phone (973) 403-7997

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2017 $33.9M $387.6M $62.1M 160
2018 $27.9M $430.5M $34.3M 152
2019 N/A $484.4M $38.0M N/A
2020 $34.4M $446.6M $35.3M 163
2021 $50.4M $640.8M $48.4M 136
2022 $32.9M $1.1B $50.7M 128
2023 $41.0M $1.1B $21.6M 135
2024 $63.4M $1.2B $43.2M 141

Grant Size Distribution

Based on 1015 grants on record

Minimum
$1K
25th Pctl
$10K
Median
$30K
Average
$280K
75th Pctl
$100K
Maximum
$20.1M

Geographic Distribution


Texas Counties Served

1.2% of US grants · Rank #9 of 24 states $2.4M across 12 grants 3 of 254 counties

Top 3 counties

  1. 1 Harris 6 grants · $2.0M
  2. 2 Montgomery 4 grants · $250K
  3. 3 Fort Bend 2 grants · $140K

Officers & Directors

CF
Constance Williamsco Hess Foundatn 8+ yrs
Director, Vice President Leadership
JF
John B Hess Co Hess Foundation 7 yrs
Director, President Leadership
EF
Eugene Wgoodwillie Jr Co Hess Fnd 8+ yrs
Outgoing Director, Treasurer Leadership
TF
Thomas H Kean Co Hess Foundation 8+ yrs
Director, Secretary Leadership

Grants Awarded (1,015 total)

Purpose
Icahn School of Medicine New York, PA $20,150,000 THE RAQUEL AND JAIME GILINSKI DEPARTMENT OF OBSTETRICS, GYNECOLOGY AND REPRODUCTIVE SCIENCE AND UNRESTRICTED PURPOSES 2024
Philadelphia Museum of Art Philadelphia, PA $20,000,000 IN SUPPORT OF NEW FACILITIES 2021
Lincoln Ctr for the Performing Arts New York, NY $5,750,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2023
Steppingstone Foundation Boston, MA $5,333,333 ENDOWMENT FOR STAFF SALARIES AND UNRESTRICTED PURPOSES 2024
Lincoln Ctr for the Performing Arts New York, NY $5,250,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2021
Lincoln Ctr for the Performing Arts New York, NY $5,250,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2022
Harvard Business School Cambridge, MA $5,150,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2020
Harvard Business School Cambridge, MA $5,150,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2021
Harvard Business School Cambridge, MA $5,150,000 JOHN B. HESS FUND FOR INNOVATION AND LEADERSHIP, THE HBS DEAN'S HONORARY ENDOWMENT FOR BUSINESS AND SOCIETY AND... 2024
Harvard Business School Cambridge, MA $5,100,000 DEAN'S HONORARY ENDOWMENT FOR BUSINESS AND SOCIETY/FUND FOR LEADERSHIP AND EDUCATION/UNRESTRICTED 2023
Harvard Business School Cambridge, MA $5,100,000 An unrestricted grant to further the donee's exempt purpose. 2017
Philadelphia Museum of Art Philadelphia, PA $5,095,000 An unrestricted grant to further the donee's exempt purpose. 2017
Mt Sinai Medical Center New York, NY $5,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2018
Harvard Business School Cambridge, MA $5,000,000 JBH FUND FOR INNOVATION AND LEADERSHIP 2022
Steppingstone Scholars Inc Philadelphia, PA $5,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2022
Heights Philadelphia Philadelphia, PA $5,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2023
College of Physicians of Philadelphia Philadelphia, PA $5,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2024
Mt Sinai Medical Center New York, NY $5,000,000 An unrestricted grant to further the donee's exempt purpose. 2017
Harvard Business School Cambridge, MA $4,600,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2018
Lincoln Ctr for the Performing Arts New York, PA $4,350,000 FOR THE DESIGN, RECONSTRUCTION AND ENDOWMENT OF DAVID GEFFEN HALL AND UNRESTRICTED PURPOSES 2024
Mt Sinai Medical Center New York, NY $4,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2020
Philadelphia Orchestra Philadelphia, PA $4,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2024
Philadelphia Museum of Art Philadelphia, PA $3,200,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2020
Philadelphia Orchestra Philadelphia, PA $3,000,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2023
Park Avenue Synagogue New York, NY $2,250,000 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. 2023