HC Fund

OAKLAND, CA EIN: 82-2579708

HC Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKLAND, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $955K in total assets. In 2024, it awarded 6 grants totaling $15K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$955K

+2.2% YoY

Annual Giving

$15K

+25.8% YoY

Grant Count

6

+20.0% YoY

Avg Grant Size

$2K

+4.9% YoY

Under IRS private-foundation payout rules, HC Fund reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.

About HC Fund

Based on IRS filings

HC Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKLAND, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $955K in total assets. In 2024, it awarded 6 grants totaling $15K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AlamedaBooneCastro ValleyDanvilleDublinElk GroveNew YorkOaklandOrlandoSan AntonioSan DimasSan Ramon

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$128K$256K$385K$513K20202021202220232024
Metric202420232022
Total Assets$954,781$934,022$908,966
Revenue$36,325$36,895$-12,022
Expenses$15,520$12,389$17,094
Qualifying Distributions$14,508$11,530$13,580
Net Investment Income$26,725$27,295$4,827
Distributable Amount$19,255$15,484$20,293

Giving Over Time

Total grant dollars and number of grants per year

$0$4K$7K$11K$15K4 grants20205 grants20216 grants20225 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Chinese Independent Bapt…$11KBible Study Fellowship$2KThe Church in Alameda$700Samaritan Purse$500WRMS Educational Fund$500httpamoybcorgtw$308

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Chinese Independent Baptist Church of Oakland ($10,500), Bible Study Fellowship ($2,000), The Church in Alameda ($700).

RecipientPurposeAmount
Chinese Independent Baptist Church of Oakland Oakland, CAGeneral Purpose$10,500
Bible Study Fellowship San Antonio, TXGeneral Purpose$2,000
The Church in Alameda Alameda, CAGeneral Purpose$700
Samaritan Purse Boone, NCGeneral Purpose$500
WRMS Educational Fund San Ramon, CAGeneral Purpose$500
httpamoybcorgtw Church - General Purpose$308

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Heman ChowPresident3
Nancy ChowSecretary Treasurer2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is HC Fund?

HC Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKLAND, CA. It holds $955K in total assets as of 2024.

How large is HC Fund?

As of 2024, HC Fund holds $955K in total assets with $36K in annual revenue. It awarded 6 grants totaling $15K in 2024.

Where does HC Fund operate?

HC Fund has awarded grants in California, Florida, North Carolina, New York, Texas.

What size grants does HC Fund award?

In 2024, HC Fund awarded 6 grants totaling $15K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is HC Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, HC Fund reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is HC Fund's EIN?

HC Fund's EIN (Employer Identification Number) is 82-2579708. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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