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
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
No grants recorded for .
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 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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