HCD Foundation
HCD Foundation is a private foundation based in Chicago, Illinois. In 2024, it reported 144 grants totaling $692,960 to charitable organizations, with listed recipients working in areas including health, humanitarian response, poverty alleviation, and housing.
HCD Foundation at a glance
In short: HCD Foundation gave $693K across 144 grants in 2024 (avg $5K), top state Illinois. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $692,960
- -12.3% vs 2023
- Grants made (2024)
- 144
- +14300.0% vs 2023
- Average grant
- $4,812
- -99.4% vs 2023
- Median grant
- $2,275
- Total assets
- $2,392,208
- -4.1% vs 2023
- Primary geography
- Illinois (31% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to HCD Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 333 W Wacker Drive 1700, Chicago, IL 60606
Phone: (312) 310-7325
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who HCD Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Haitian Health Foundation ($50K). Together the top 10 received $281K.
Grant Size Distribution
148 grants across all recorded years
The most common grant size was under $50K: 143 grants of 148 (97%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in Illinois (31%), the District of Columbia (18%), New York (12%), Connecticut (9%), and Virginia (7%).
Grant Distribution by State
Share of 2024 grant dollars across all 144 itemized grants.
States
Cities
How HCD Foundation gives
- Giving grew 27% from 2021 to 2024. Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $433K (2020) to $790K (2023). In 2024 it made 144 grants totaling $693K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Haitian Health Foundation Norwich, CT | General Purposes | $50,000 |
| Techno Serve Arlington, VA | General Purposes | $35,000 |
| Alzheimer Association Chicago, IL | General Purposes | $31,000 |
| International Rescue Committee New York, NY | General Purposes | $27,500 |
| Finca International Washington, DC | General Purposes | $25,000 |
| Map International Brunswick, GA | General Purposes | $25,000 |
| Shedd Aquarium Chicago, IL | General Purposes | $25,000 |
| United Way of Metro Chicago Chicago, IL | General Purposes | $25,000 |
| Population Connection Washington, DC | General Purposes | $20,000 |
| Habitat for Humanity Chicago, IL | General Purposes | $17,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,392,208 | $737,166 | $838,862 | $692,960 | 144 | $764,283 | $662,587 | $889,426 |
| 2023 | $2,493,904 | $546,435 | $950,496 | $789,900 | 1 | $861,402 | $472,419 | $781,634 |
| 2022 | $2,785,986 | $680,260 | $737,341 | $622,556 | 1 | $673,896 | $619,315 | $777,856 |
| 2021 | $2,965,223 | $683,201 | $655,396 | $545,011 | 1 | $596,276 | $526,231 | $763,129 |
| 2020 | $2,808,584 | $341,469 | $545,145 | $433,205 | 1 | — | $154,697 | $565,939 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Haitian Health Foundation describes its work as improving health and well-being in Haiti through healthcare, education, and community development. The International Rescue Committee says it responds to humanitarian crises and helps people affected by conflict and disaster. FINCA International describes its mission as ending poverty through sustainable and scalable solutions. MAP International says it provides medicines and health supplies to people in need. Habitat for Humanity describes its work as bringing people together to build homes, communities, and hope.
Grantmaking
In 2024, the foundation reported 144 grants totaling $692,960. Grants ranged from $150 to $50,000, with a median of $2,275. The largest listed awards included $50,000 to Haitian Health Foundation, $35,000 to TechnoServe, $31,000 to Alzheimer Association, $27,500 to International Rescue Committee, and $25,000 each to FINCA International, MAP International, Shedd Aquarium, and United Way of Metro Chicago. The listed purposes for these grants were general purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Jeffrey L Dennis and Timothy G Carroll as trustees.
HCD Foundation's 2024 filing lists 2 officers; 1 of 2 officers listed in 2024 is compensated.
Officers on the 2024 filing
Jeffrey L. Dennis
Trustee
On filings since 2020
1 hr/week
$100K (2020) → $140K (2024)
Timothy G. Carroll
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $140K, to Jeffrey L Dennis (Trustee).
Frequently asked questions about HCD Foundation
How much does HCD Foundation give each year?
HCD Foundation gave $693K across 144 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $790K across 1 grant.
What is HCD Foundation's typical grant size?
HCD Foundation's median grant in 2024 was $2,275, and its average grant was $4,812, across 144 grants on its 2024 IRS Form 990-PF.
Where does HCD Foundation give grants?
HCD Foundation's top state is Illinois, with 31% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were District of Columbia (18%) and New York (12%). The most frequent recipient cities were Chicago, IL (41 grants), Washington, DC (25 grants), New York, NY (9 grants) and Atlanta, GA (5 grants).
Does HCD Foundation give general operating support?
Yes: 100% of HCD Foundation's 2024 grants with a stated purpose (144 of 144) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are HCD Foundation's largest grantees?
HCD Foundation's largest 2024 grantees include Haitian Health Foundation ($50,000), Techno Serve ($35,000) and Alzheimer Association ($31,000), according to its 2024 IRS Form 990-PF. Together they received 17% of its itemized 2024 grant dollars.
How large is HCD Foundation?
HCD Foundation reported $2.4M in total assets on its 2024 IRS Form 990-PF. It paid out $764K in qualifying distributions that year, against a required minimum of $889K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does HCD Foundation fund?
No mission statement for the foundation is provided. Its 2024 grants included support for organizations with varied missions. Haitian Health Foundation describes its work as improving health and well-being in Haiti through healthcare, education, and community development. See mission & focus areas ↑
How do I apply for a grant from HCD Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does HCD Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). HCD Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/hcd-foundation-morg_7ceedc52d9cf4d52a061eec66ce3d418
BibTeX
@misc{grantable_363669822_2026,
author = {{Grantable}},
title = {{HCD Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hcd-foundation-morg_7ceedc52d9cf4d52a061eec66ce3d418},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from HCD Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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