Hedge Funds Care Inc, operating under the name "Help For Children" (HFC), is a 501(c)(3) public foundation based in New York City at 106 W 32nd Street, 2nd Floor. The organization was established in 1998 and has been tax-exempt since August 2003. It operates as a grantmaking foundation focused on child welfare issues, with a team of five dedicated staff members.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-13.0% YoY
Annual Giving
$1.3M
+8.6% YoY
Grant Count
40
-2.4% YoY
Avg Grant Size
$31K
+11.3% YoY
Mission & Focus Areas
The organization's primary mission is to support initiatives aimed at preventing and treating child abuse. The foundation was founded on the principle of demonstrating that the hedge fund industry could contribute meaningfully to social causes. It raises funds and awareness within the hedge fund industry through regional and international events, then grants those funds to organizations demonstrating capacity to address child abuse issues effectively.
Primary funding focus areas include:
- Child welfare
- Human services
- Nonprofit human services
- Reproductive health
- Nursing home services
Grantmaking
Hedge Funds Care Inc distributes grants to organizations working in child abuse prevention and treatment. Typical grant awards range from $10,000 to $50,000.
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Geographic Focus
Where this funder awards grants
The foundation funds primarily in:
- New York
- Illinois
- Georgia
The organization also maintains international grantmaking presence, with documented activity in locations including the Cayman Islands and other international markets.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $3.02M
- Total liabilities: $717k
- Revenue: $1.93M
- Expenses: $1.88M
Compensation (most recent filing):
- Executive compensation: $200,134
- Other salaries and wages: $182,690
- Professional fundraising fees: $0
Overall Rating: The organization holds a Four-Star rating with a 96% score based on accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,631,282 | $3,024,414 | $2,688,236 |
| Revenue | $1,658,839 | $1,930,628 | $1,580,029 |
| Expenses | $2,111,715 | $1,884,693 | $1,391,442 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $833 | — | — |
| Distributable Amount | — | — | — |
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
170 grants across all recorded years
Open Grants
1 open opportunity from Hedge Funds Care Inc
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Kathryn Conroy served as Executive Director of Hedge Funds Care. She previously held the position of Assistant Dean at Columbia University School of Social Work and has a background in child welfare advocacy.
Rob Davis founded Hedge Funds Care in 1998. Davis had worked in the hedge fund industry and sought to address the industry's public perception while simultaneously supporting an underserved population affected by child abuse.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALICE HACKETT | BOARD MEMBER | 1 | — |
| BARON JACOB | BOARD MEMBER | 1 | — |
| BASIL GODELLAS | BOARD MEMBER | 1 | — |
| BETH WIENER | BOARD MEMBER | 1 | — |
| CHRIS ZABACK | BOARD MEMBER | 1 | — |
| DAVID MULLE | BOARD MEMBER | 1 | — |
| DEAN BACKER | PRESIDENT | 7 | — |
| ERIC ROPER | BOARD MEMBER | 1 | — |
| EUGENE TETLOW | BOARD MEMBER | 1 | — |
| GEOFF RUDDICK | BOARD MEMBER | 1 | — |
| GLEN DAILEY | VICE PRESIDENT | 2 | — |
| INGRID PIERCE | BOARD MEMBER | 1 | — |
| JACK INGLIS | BOARD MEMBER | 1 | — |
| JAY PELLER | BOARD MEMBER | 1 | — |
| JENNIFER COLLINS | BOARD MEMBER | 1 | — |
| JOEL PRESS | BOARD MEMBER | 1 | — |
| JOHN BROADHURST | BOARD MEMBER | 1 | — |
| JOHN TAVSS | BOARD MEMBER | 1 | — |
| JONATHAN BARRETT | BOARD MEMBER | 1 | — |
| JOSEPH FISHER | BOARD MEMBER | 1 | — |
| JOSEPH PATELLARO | BOARD MEMBER | 1 | — |
| KARL COLE-FRIEMAN | BOARD MEMBER | 1 | — |
| KARA FRIEDENBERG | BOARD MEMBER | 1 | — |
| LANCE ZINMAN | BOARD MEMBER | 1 | — |
| LUCINDA HISLOP | BOARD MEMBER | 1 | — |
| MARK SALAMEH | BOARD MEMBER | 1 | — |
| MICHAEL VRANOS | BOARD MEMBER | 1 | — |
| MIKAEL JOHNSON | BOARD MEMBER | 1 | — |
| NATALIE DEAK JAROS | TREASURER | 1 | — |
| PETER NAISMITH | BOARD MEMBER | 1 | — |
| RHONDA ELDRIDGE | BOARD MEMBER | 1 | — |
| ROB DAVIS | FOUNDER & CHAIRMAN EMERITUS | 1 | — |
| ROB LEONARD | BOARD MEMBER | 1 | — |
| ROBERT MIRSKY | BOARD MEMBER | 1 | — |
| ROBERT SCHULTZ | VICE PRESIDENT | 2 | — |
| TODD GOLDMAN | BOARD MEMBER | 1 | — |
| VANESSA HEMAVATHI | BOARD MEMBER | 1 | — |
| WILLIAM TAGGART JR | BOARD MEMBER | 1 | — |
| ROSELLE POLO | CONTROLLER | 40 | — |
| SUMUDU WAAS | EXECUTIVE DIRECTOR & COO | 40 | $159,412 |
| LYNN FISHER | SENIOR DIRECTOR OF DEV & EVENT | 40 | $107,134 |
Recent News & Activity
Recent developments and announcements
The organization has documented grant activity supporting vulnerable families and child welfare initiatives. Historical grant announcements indicate the foundation raised over $300,000 through its fundraising events and distributed grants to organizations addressing child abuse prevention and treatment across its service areas.
Hedge Funds Care grant helps vulnerable families : Cayman News ServiceSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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