Hedco Foundation
Hedco Foundation is a private foundation based in Danville, California. Its 2024 filing lists 32 grants totaling $2,037,485. The grants went to organizations including hospitals and hospital foundations, humanitarian organizations, a rescue mission, a university, and a community foundation.
Hedco Foundation at a glance
In short: Hedco Foundation gave $2.0M across 32 grants in 2024 (avg $64K), mostly in California. 59% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $2,037,485
- +46.2% vs 2023
- Grants made (2024)
- 32
- +39.1% vs 2023
- Average grant
- $63,671
- +5.1% vs 2023
- Median grant
- $55,645
- Total assets
- $8,038,190
- -13.3% vs 2023
- New grantees (estimate)
- 59% first-time grantees (19 of 32, 2024)
- Primary geography
- California (70% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hedco Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations.
- Contact
Mailing address: PO Box 339, Danville, CA 94526
Phone: (925) 743-0257
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hedco Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Blanchet House of Hospitality ($100K). Together the top 10 received $996K.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was under $50K: 74 grants of 162 (46%).
Geographic Focus
Where this funder awards grants
In 2024, 70% of grant dollars went to recipients in California, 18% to Oregon, 7% to Washington, and 5% to the District of Columbia.
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
Cities
Is Hedco Foundation open to new grantees?
59%
first-time grantees, 2024
In 2024, 19 of 32 grantees (59%) were first-time recipients. First grants averaged $61K; repeat grants $68K. How we count
Medians: $52K first-time, $69K repeat.
- 0% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 521% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.4M (2023) to $2.1M (2022). In 2024 it made 32 grants totaling $2.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Blanchet House of Hospitality Portland, OR | On a mission to alleviate suffering and offer hope for a better life by serving essential aid with dignity. | $100,000 |
| Loma Linda University Medical Center Loma Lind, CA | Provide medical & health care services to the community. | $100,000 |
| Marin General Hospital Foundation Greenbrae, CA | Fundraising Services to Support Marinhealth Programs and Services. | $100,000 |
| Nuru International Washingto, DC | Cultivate meaningful choices in the most vulnerable and marginalized communities in the world. | $100,000 |
| Sequoia Hospital Foundation Redwood Cit, CA | To raise funds and cultivate other resources to support sequoia hospital. | $100,000 |
| SF Foundation San Francisco, CA | To mobilize resources to build strong communities, foster civic leadership & promote philanthropy. | $100,000 |
| Sonoma Valley Hospital Foundation Sonoma, CA | Sonoma valley hospital foundation cultivates community support and raises funds for sonoma valley hospital. | $100,000 |
| Wells of Life Inc San Juan Pistrano, CA | Wells of life (WOL) exists to demonstrate the love of god through word and deed in uganda, africa by providing desperately needed clean water, wash services and the gospel of jesus christ. | $100,000 |
| Wheelchair Foundation Danville, CA | Leading an international effort to create awareness of the needs and abilities of people with physical disabilities, to promote the joy of giving, create global friendship, and to deliver a wheelchair to every child, teen and adult in the world who needs one, but cannot afford one. | $100,000 |
| Bay Area Rescue Mission Richmond, CA | To meet the physical needs of the poor and needy and to share the gospel of jesus christ. | $96,348 |
Ready to take the next step with Hedco Foundation?
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 | $8,038,190 | $1,138,176 | $2,377,776 | $2,037,485 | 32 | $2,141,462 | $1,094,297 | $410,734 |
| 2023 | $9,276,021 | $643,189 | $1,879,774 | $1,393,824 | 23 | $1,499,516 | $597,606 | $458,415 |
| 2022 | $9,873,544 | $790,905 | $1,814,005 | $2,119,368 | 38 | $2,220,633 | $738,449 | $538,711 |
| 2021 | $13,102,072 | $1,248,386 | $1,622,633 | $1,739,286 | 31 | $1,849,239 | $1,190,868 | $633,454 |
| 2020 | $13,326,173 | $1,123,148 | $2,708,643 | $2,112,320 | 38 | — | $1,065,127 | $632,632 |
Under IRS private-foundation payout rules, Hedco Foundation reported a distributable amount of $411K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The available filing information does not state a mission for Hedco Foundation. Its 2024 grants show support for organizations working in health care, humanitarian aid, community development, and services for people experiencing homelessness. These are grantees’ activities, not stated focus areas of the foundation.
Marin General Hospital Foundation describes its mission as inspiring philanthropy for MarinHealth. Blanchet House of Hospitality says it offers food, shelter, and aid to people in need of a safe place to be nourished and restored. Wells of Life says it works to address lack of physical and spiritual water, currently focusing on Uganda through clean water, WASH, and the Gospel. Sonoma Valley Hospital Foundation says it raises support and funds for Sonoma Valley Hospital. Loma Linda University Medical Center describes a mission of continuing the healing ministry of Jesus Christ while advancing medical science and educating health professionals. Nuru International says it works toward inclusive and sustainable prosperity by strengthening rural livelihoods and market systems and fostering connections that support peace. Sequoia Hospital Foundation says it secures resources and supports Sequoia Hospital’s goals. An individual recipient Rescue Mission says it shares the Gospel with homeless and needy people and empowers them to change their world.
Grantmaking
In filing year 2024, Hedco Foundation reported 32 grants totaling $2,037,485. Grant amounts ranged from $5,897 to $100,000, with a median of $55,645. Recipients included Blanchet House of Hospitality, Loma Linda University Medical Center, Marin General Hospital Foundation, Nuru International, Sequoia Hospital Foundation, SF Foundation, Sonoma Valley Hospital Foundation, Wells of Life, and Wheelchair Foundation, each of which received $100,000. An individual recipient Rescue Mission received $96,348, UC Santa Barbara received $90,887, and World Vision Inc received $89,559.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Derek Jernstedt as executive director and director; Roger Schwab as chief financial officer and director; Dorothy Jernstedt as president and director; Rena Brantley as secretary and director; and David Dornsife, Allen Dobbins, Tom Herman, and Robert Lowitz MD as directors.
Hedco Foundation is led by Derek Jernstedt, Executive Director & Director since 2021 (on filings since 2020); 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
Derek Jernstedt
Executive Director & Director
Executive Director → Executive Director & Director, 2021
On filings since 2020
8 hrs/week
$60K (2020) → $61K (2024)
Dorothy Jernstedt
President & Director
On filings since 2020
1 hr/week
No compensation reported
Allen Dobbins
Director
On filings since 2020
1 hr/week
No compensation reported
David Dornsife
Director
CFO & Director → Chief Financial Officer & Director, 2021
Chief Financial Officer & Director → Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Rena Brantley
Secretary & Director
On filings since 2020
1 hr/week
No compensation reported
Robert Lowitz MD
Director
On filings since 2020
1 hr/week
No compensation reported
Roger Schwab
Chief Financial Officer & Director
Director → Chief Financial Officer & Director, 2024
On filings since 2020
1 hr/week
No compensation reported
Tom Herman
Director
On filings since 2020
1 hr/week
No compensation reported
Former officers (3)
- Former: Jaci Jernstedt (2020–2022) — Assistant Foundation Manager
- Former: James Appleton (2020–2022) — Director
- Former: Myla Lara (2020–2022) — Foundation Manager
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 $61K, to Derek Jernstedt (Executive Director & Director).
Frequently asked questions about Hedco Foundation
How much does Hedco Foundation give each year?
Hedco Foundation gave $2.0M across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 23 grants.
What is Hedco Foundation's typical grant size?
Hedco Foundation's median grant in 2024 was $55,645, and its average grant was $63,671, across 32 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hedco Foundation that year got $61K on average.
Where does Hedco Foundation give grants?
Hedco Foundation gives mostly in California: 70% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Oregon (18%) and Washington (7%). The most frequent recipient cities were Sonoma, CA (3 grants), San Francisco, CA (3 grants), Portland, OR (3 grants) and Bend, OR (2 grants).
Does Hedco Foundation give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on Hedco Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Hedco Foundation's largest grantees?
Hedco Foundation's largest 2024 grantees include Blanchet House of Hospitality ($100,000), Loma Linda University Medical Center ($100,000) and Marin General Hospital Foundation ($100,000), according to its 2024 IRS Form 990-PF. Together they received 15% of its itemized 2024 grant dollars.
How large is Hedco Foundation?
Hedco Foundation reported $8.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $411K (roughly 5% of its investment assets).
What does Hedco Foundation fund?
The available filing information does not state a mission for Hedco Foundation. Its 2024 grants show support for organizations working in health care, humanitarian aid, community development, and services for people experiencing homelessness. See mission & focus areas ↑
How do I apply for a grant from Hedco Foundation?
The foundation does not accept unsolicited requests for funds and states that it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hedco Foundation's EIN?
Hedco Foundation's EIN (Employer Identification Number) is 23-7259742. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hedco 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 October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Hedco Foundation's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in California
Silicon Valley Community Foundation
Mountain View, CA
Silicon Valley Community Foundation funds work in areas such as housing, economic security, education, health, the environment, arts and culture, and civic engagement, with Community Action Grants supporting local, community-led organizations in San Mateo and Santa Clara counties. Its 2024 grants had a median of $51,716, though amounts varied widely; applications depend on the program, and SVCF states that it does not accept unsolicited proposals for advised funds.
Assets
$12.3B
Grants
3,576
Total Given
$3.2B
Kaiser Foundation Hospitals
Oakland, CA
Kaiser Foundation Hospitals funds health care access and services, community health, health education, and related work, with priorities including mental and behavioral health, housing, and income and employment. Its 2024 grants had a median of $25,000, though amounts varied widely; most grant dollars went to California, with some going elsewhere. In Southern California, it says it does not accept unsolicited letters of inquiry or proposals and awards grants through competitive processes to pre-identified organizations.
Assets
$87.4B
Grants
1,122
Total Given
$225.4M
The Oregon Community Foundation
Portland, OR
The Oregon Community Foundation funds Oregon nonprofits and community-serving projects across education, health, arts and culture, housing, economic and community vitality, and the environment. Its 2024 grants had a median of $25,000, with awards ranging from about $5,000 to nearly $8 million; applications are accepted through specific grant programs and cycles, but the profile does not state whether unsolicited requests are accepted.
Assets
$3.3B
Grants
2,149
Total Given
$171.4M
East Bay Community Foundation
Oakland, CA
East Bay Community Foundation funds arts and culture for social justice, racial-equity capacity building, community organizing and movement building, and inclusive economic models, prioritizing communities affected by structural inequities. Its 2025 grants had a median of $25,000, though amounts varied widely, and generally support organizations in Alameda and Contra Costa counties. Most strategy-guided grants are by invitation, with applications opened periodically; donor-advised fund grants may also be made without an application.
Assets
$514.0M
Grants
842
Total Given
$62.8M
California Community Foundation
Los Angeles, CA
The California Community Foundation supports nonprofits through discretionary and donor-directed grants, with discretionary priorities including education, health, housing and immigration, alongside other areas such as arts, civic engagement and economic opportunity. Its 2025 grants had a median of $50,000, and its work is focused on Los Angeles County; prospective discretionary applicants are asked to contact the relevant program officer before submitting a letter of intent.
Assets
$2.3B
Grants
2,174
Total Given
$326.6M
The William & Flora Hewlett Foundation
Menlo Park, CA
The William & Flora Hewlett Foundation funds education, climate and conservation, the arts, democracy, gender equity, racial justice, and efforts to strengthen nonprofits and philanthropy, with work spanning the San Francisco Bay Area, the U.S. West, and locations including East and West Africa and Mexico. Its 2024 grants had a median award of $150,000, though amounts varied widely. It generally does not accept unsolicited requests, but sometimes invites proposals through open processes.
Assets
$14.2B
Grants
2,001
Total Given
$625.0M
More similar funders
More Funders in California
Cite this profile
Grantable. (2026). Hedco Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/hedco-foundation-morg_f1cbff95ab874c43b1dfe8aa4e16109b
BibTeX
@misc{grantable_237259742_2026,
author = {{Grantable}},
title = {{Hedco Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hedco-foundation-morg_f1cbff95ab874c43b1dfe8aa4e16109b},
note = {Accessed 2026-10-14. 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 Hedco 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.
Hedco Foundation down — hundreds of funders to go?