Hcd Foundation
HCD Foundation is a private foundation established in 1989 and based in Chicago, Illinois (with offices listed in Des Plaines, IL). The foundation operates as a 501(c)(3) organization with minimal staff (1 employee as of 2024).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.4M
-4.1% YoY
Annual Giving
$693K
-12.3% YoY
Grant Count
144
+14300.0% YoY
Avg Grant Size
$5K
-99.4% YoY
Under IRS private-foundation payout rules, Hcd Foundation reported a distributable amount of $889K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation primarily funds general contributions across multiple sectors. Based on recent grant activity, funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- International humanitarian work
- Health-related causes
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation has an in-state only geographic restriction, focusing primarily on Illinois. However, recent grant activity shows funding to organizations operating in the District of Columbia and New York, as well as international organizations.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $2,392,208
- Total revenues: $737,166
- Total expenses: $838,862
- Investment income and dividends: $266,734
- Net gain from sale of non-inventory assets: $470,432
Giving rate: Approximately 31.7% of assets
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,392,208 | $2,493,904 | $2,785,986 |
| Revenue | $737,166 | $546,435 | $680,260 |
| Expenses | $838,862 | $950,496 | $737,341 |
| Qualifying Distributions | $764,283 | $861,402 | $673,896 |
| Net Investment Income | $662,587 | $472,419 | $619,315 |
| Distributable Amount | $889,426 | $781,634 | $777,856 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
54 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Alzheimer Association ($31,000), Finca International ($25,000), Habitat for Humanity ($17,500).
| Recipient | Purpose | Amount |
|---|---|---|
| ACCION INTERNATIONAL WASHINGTON, DC | GENERAL PURPOSES | $1,000 |
| ALICE LLOYD COLLEGE PIPPA PASSES, KY | GENERAL PURPOSES | $4,000 |
| ALS ASSOCIATION ARLINGTON, VA | GENERAL PURPOSES | $2,000 |
| ALZHEIMER ASSOCIATION CHICAGO, IL | GENERAL PURPOSES | $31,000 |
| AMERICAN FILM INSTITUTE LOS ANGELES, CA | GENERAL PURPOSES | $500 |
| AMERICAN FRIENDS SERVICE COMMITTEE PHILADELPHIA, PA | GENERAL PURPOSES | $2,300 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | GENERAL PURPOSES | $2,000 |
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | GENERAL PURPOSES | $1,000 |
| AMERICAN KIDNEY FUND ROCKVILLE, MD | GENERAL PURPOSES | $350 |
| AMERICAN LUNG ASSOCIATION CHICAGO, IL | GENERAL PURPOSES | $750 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Jeffrey Dennis, Trustee
- Timothy G Carroll, Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY L DENNIS | TRUSTEE | 1 | $140,000 |
| TIMOTHY G CARROLL | TRUSTEE | 0.25 | — |
Frequently Asked Questions
What does Hcd Foundation fund?
The foundation primarily funds general contributions across multiple sectors. Based on recent grant activity, funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • International humanitarian work • Health-related causes
How do I apply for a grant from Hcd Foundation?
**Grant Activity & Amounts:** • Total giving in 2024: $692,960 • Typical award range: $150–$50,000 • Recent notable grants (2024): • Haitian Health Foundation: $50,000 • Alzheimer's Association: $31,000 • International Rescue Committee: $27,500 • The foundation made 104 grants in 2024 **Application Process:** The foundation does not accept unsolicited applications and operates on an invite-only basis.
Where does Hcd Foundation make grants?
The foundation has an in-state only geographic restriction, focusing primarily on Illinois. However, recent grant activity shows funding to organizations operating in the District of Columbia and New York, as well as international organizations.
What size grants does Hcd Foundation award?
In 2024, Hcd Foundation awarded 144 grants totaling $693K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Hcd Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hcd Foundation reported a distributable amount of $889K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hcd Foundation's EIN?
Hcd Foundation's EIN (Employer Identification Number) is 36-3669822. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hcd Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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