Hcs Foundation

WESTLAKE, OH EIN: 34-6514235

HCS Foundation is a private foundation based in Westlake, Ohio, established as a trust in 1959 and designated as a 501(c)(3) tax-exempt organization since April 1961. The foundation operates with a mission to support nonprofit organizations through grantmaking and educational resources.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$105.4M

+1.1% YoY

Annual Giving

$7.8M

-3.7% YoY

Grant Count

+17.2% YoY

Avg Grant Size

$103K

-17.8% YoY

Under IRS private-foundation payout rules, Hcs Foundation reported a distributable amount of $10.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation grants primarily for:

Health care
Education
The arts
United Way support

Additional focus areas include philanthropy, voluntarism, grantmaking, and human services.

Grantmaking

Ready to take the next step with Hcs Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Ohio, Michigan, and New York.

Grant Distribution by State

Ohio $20.1M (88%)

New York $1.3M (6%)

Kentucky $617K (3%)

Massachusetts $400K (2%)

Pennsylvania $150K (1%)

Michigan $147K (1%)

Illinois $125K (1%)

District of Columbia $55K (0%)

+3 more states

States

District of Columbia Georgia Illinois Indiana Kentucky Massachusetts Michigan New York Ohio Pennsylvania Texas

Cities

AtlantaChicopeeCincinnatiClarksvilleCold SpringColumbusCovingtonDallasGahannaGaylordGlenviewInterlochenLakewoodLovelandMalvernMasonMedfieldMilfordMooresvilleNew York

Financial History

Multi-year comparison from IRS filings

As of December 2024:

Total Assets: $105,356,989
Total Revenue: $11,288,952
Total Expenses: $10,157,371
Net Income: $1,131,581
Total Liabilities: $3,490

Staffing: 7 employees

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$105,356,989	$104,224,943	$101,075,549
Revenue	$11,288,952	$13,451,282	$5,228,867
Expenses	$10,157,371	$10,302,249	$10,129,666
Qualifying Distributions	$9,310,549	$9,505,148	$9,425,935
Net Investment Income	$10,597,983	$12,840,661	$4,607,116
Distributable Amount	$10,140,879	$9,147,243	$9,467,152

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

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boys & Girls Clubs of Greater Cincinnati ($500,000), Craig and Frances Lindner Center of Hope ($500,000), Bob Woodruff Family Foundation Inc ($250,000).

Recipient	Purpose	Amount
ADOPT A CLASS FOUNDATION INC CINCINNATI, OH	FIRST INSTALLMENT AS A MATCH TO THE BUTLER FOUNDATION'S 3:1 MATCHING CHALLENGE TO ENABLE ADOPT-A-CLASS TO INVEST IN LONG-TERM PROGRAM GROWTH IN NORTHERN KENTUCKY	$20,000
AMERICAN JEWISH COMMITTEE LOVELAND, OH	SUPPORT TOWARD AJC IN RECOGNITION OF 4 RECIPIENTS OF THE 2024 NATIONAL RELATIONS AWARD	$25,000
AMERICAN RIVER ROOTS EXPERIENCE CINCINNATI, OH	SUPPORT TO CREATE A DIGITAL PLATFORM TO SERVE AS AN EDUCATIONAL AND CULTURAL TOURISM RESOURCE FOR RIVERWALK AS PART OF THE AMERICAN'S RIVER ROOTS EXPERIENCE	$25,000
ANTHONY MUOZ FOUNDATION CINCINNATI, OH	TOWARD TWO TABLES AT THE SCHOLARSHIP DINNER	$3,000
ANTHONY MUOZ FOUNDATION CINCINNATI, OH	FUND TWO SCHOLARSHIPS	$40,000
ANTHONY MUOZ FOUNDATION CINCINNATI, OH	FINAL INSTALLMENT TO FUND TEN SCHOLARSHIPS	$50,000
ANTHONY MUOZ FOUNDATION CINCINNATI, OH	FIRST INSTALLMENT TO SUPPORT THE IMPACT FOR ETERNITY CAMP PROGRAM FOR 2024 AND 2025	$45,000
BEECH ACRES PARENTING CENTER CINCINNATI, OH	FIST INSTALLMENT TO SUPPORT THE BEYOND THE CLASSROOM PROGRAM & UPSTREAM PREVENTION SERVICES IN FISCAL YRS. 2024 THROUGH 2026	$85,000
BOB WOODRUFF FAMILY FOUNDATION INC NEW YORK, NY	PLEDGE TOWARD STAND UP FOR HEROES EVENT	$250,000
BOY SCOUTS OF AMERICA - COUNCIL 428 DAN BEARD CINCINNATI, OH	LEADERSHIP HONOR OF ROB AND ALEXA MCDONALD	$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

Cathleen Kiritz — President and CEO
L. Thomas Hiltz — Listed as contact person

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
L THOMAS HILTZ	CHAIRMAN, TRUSTEE	20.73	$302,234
MICHAEL W SCHOTT	TREASURER, TRUSTEE	13.99	$149,238
FRANCIE S HILTZ	VICE CHAIRMAN, TRUSTEE	6.27	$76,856
ALLISON H KROPP	SECRETARY, TRUSTEE	25.7	$280,161
PETER S HILTZ	TRUSTEE	16.42	$163,123

Contact Information

Address: 1991 Crocker Rd Ste 450, Westlake, OH 44145-1998

Telephone: 216-781-3502

Frequently Asked Questions

What does Hcs Foundation fund?

The foundation grants primarily for: • Health care • Education • The arts • United Way support Additional focus areas include philanthropy, voluntarism, grantmaking, and human services.

How do I apply for a grant from Hcs Foundation?

**Grant Amounts:** Typical awards range from $1,500 to $2,000,000. **Recent Grants (2024):** • Xavier University: $2,000,000 (toward construction of the College of Osteopathic Medicine) • Summit Country Day School US Catholic Conference: $587,958 (Upper School Resources Program 2024-2025, 2025-2026, & 2026-2027) • Boys and Girls Clubs of Greater Cincinnati: $500,000 (A New Generation Campaign) **Total Giving:** $7,756,444 in 2024

Where does Hcs Foundation make grants?

The foundation primarily funds organizations in Ohio, Michigan, and New York.

What size grants does Hcs Foundation award?

In 2024, Hcs Foundation awarded 75 grants totaling $7.8M — an average of about $103K per grant, based on its IRS Form 990 filings.

How much is Hcs Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hcs Foundation reported a distributable amount of $10.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.