Hedge Funds Care Inc logo

Hedge Funds Care Inc

NEW YORK, NY EIN: 43-1959796 Website

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

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

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

8states

Cities

ARVADAATLANTABOULDERBRIDGEPORTBROOKLYNCALHOUNCAPE ELIZABETHCARTERSVILLECHICAGOCONCORDDENVERFLUSHINGFOREST HILLSFORT COLLINSGLEN ELLYNGLEN ELYYNHARTFORDKENNESAWLOS ANGELESMARIETTA

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$581K$1M$2M$2M20202021202220232024
Metric202420232022
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

$0$313K$626K$939K$1M28 grants202037 grants202124 grants202241 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTER FOR EVALUATION AN…$50KFOSTERING CHANGE FOR CHI…$50KLOVE146$50KMERCYFIRST$50KMID-FAIRFIELD CHILD GUID…$50KNEW YORK SOCIETY FOR THE…$50KNEW YORK UNIVERSITY$50KTHE NEW YORK FOUNDLING$50KCOURT APPOINTED SPECIAL …$48KBLYTHEDALE CHILDREN'S HO…$40K

Grant Size Distribution

170 grants across all recorded years

156<$50K14$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from Hedge Funds Care Inc

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Center for Evaluation and Counseling Inc ($50,000), Fostering Change for Children ($50,000), Love146 ($50,000).

RecipientPurposeAmount
BLYTHEDALE CHILDREN'S HOSPITAL VALHALLA, NYOUR PROJECT GOALS ARE TO CONTINUE TO BRING AWARENESS AND PROVIDE EDUCATIONAL TOOLS TO HELP PARENTS/CAREGIVERS LEARN HOW TO CARE FOR A CHILD WITH MEDICAL COMPLEXITY (CMC).$40,200
CARDINAL MCCLOSKEY SCHOOL AND HOME FOR CHILDREN DBA CARDINAL MCCLOSKEY SERV VALHALLA, NYOUR PARENT COACHING PROJECT WILL ENABLE FOSTER PARENTS TO ASSESS AND MEET THE COMPLEX NEEDS OF CHILDREN IN THEIR CARE AND PREVENT RE-TRAUMATIZATION, THROUGH IMPROVED, TRAUMA-INFORMED PARENTING PRACTICE, RESULTING IN GREATER EMOTIONAL STABILITY, SENSE OF SAFETY, AND CAPACITY FOR SELF-ADVOCACY AND REGULATION AMONG CHILDREN.$30,000
CASA-NYC NEW YORK, NYTO INCREASE THE SAFETY AND STABILITY OF PREGNANT AND PARENTING YOUTH AND THEIR YOUNG FAMILIES, AND TO REDUCE THE RISK OF CHILD ABUSE/NEGLECT AND FOSTER CARE PLACEMENT OF CHILDREN BORN TO YOUTH WHO HAVE EXPERIENCED FOSTER CARE.$40,000
CENTER FOR EVALUATION AND COUNSELING INC PARSIPPANY, NJTO PROVIDE FORENSIC ASSESSMENT AND MENTAL HEALTH TREATMENT TO CHILDREN AND PARENTS IN FAMILIES WHERE CHILD ABUSE/NEGLECT HAS OCCURRED, TO HEAL TRAUMA AND IMPROVE WELL-BEING.$50,000
CHILD AND FAMILY ADVOCACY CENTER DBA BLUE SKY BRIDGE BOULDER, COBLUE SKY BRIDGE EMPOWERS 6,000 CHILDREN AND EDUCATES 2,000 ADULTS EVERY YEAR THROUGH ITS SCHOOL-BASED AND COMMUNITY PREVENTION EDUCATION PROGRAM, WHICH PROVIDES CURRICULUM, TRAINING, RESOURCES, AND OUTREACH MATERIALS TO STUDENTS, SAFE AND SUPPORTIVE ADULTS, AND COMMUNITY MEMBERS, WITH THE GOAL OF ENDING CHILD SEXUAL ABUSE.$15,000
CHILDRENS RIGHTS INC NEW YORK, NYTHE PROJECT WILL CREATE A YOUTH-LED COLLABORATIVE EMPOWERING INDIVIDUALS WITH PRIOR CONGREGATE OR GROUP FOSTER PLACEMENT EXPERIENCES TO ADVOCATE FOR AND SHAPE PUBLIC POLICIES THAT WILL END THE INSTITUTIONALIZATION OF CHILDREN IN NEW YORK STATE.$25,000
CITIZENS' COMMITTEE FOR CHILDREN OF NEW YORK NEW YORK, NYTHE PROJECT AIMS TO UNDERSTAND THE CURRENT NEEDS OF FAMILIES INVOLVED IN CHILD WELFARE PREVENTION SERVICES, AS WELL AS GAIN A DEEPER UNDERSTANDING OF THE CHALLENGES FACING THE PREVENTIVE SERVICES WORKFORCE, IN ORDER TO INFORM OPPORTUNITIES TO SUPPORT THIS WORKFORCE, STRENGTHEN SERVICE PARAMETERS AND ENSURE PROVIDERS CAN MEET THE NEEDS CHILDREN AND FAMILIES ARE PRESENTING.$40,000
COBB COLLABORATIVE INC SMYRNA, GAEQUIP CHILD-FACING ADULTS IN OUR COMMUNITY WITH KNOWLEDGE AND RESOURCES TO PROTECT CHILDREN AND PREVENT FUTURE MALTREATMENT$14,125
CONNECTICUT INSTITUTE FOR THE BLIND (DBA OAK HILL) HARTFORD, CTTHE CENTER FOR RELATIONSHIP & SEXUALITY EDUCATION (CRSE) BROADENS ACCESS TO IMPORTANT SEXUAL HEALTH INFORMATION AND ADDRESSES THE OVERWHELMING VULNERABILITY TO SEXUAL ABUSE EXPERIENCED BY THE INTELLECTUAL AND DEVELOPMENTAL DISABILITY (I/DD) COMMUNITY.$25,000
COURT APPOINTED SPECIAL ADVOCATES OF NEW JERSEY NEW BRUNSWICK, NJTHE GOAL IS TO CONTINUE TO IMPLEMENT TRAININGS FOR THE NETWORK OF CASA STAFF AND VOLUNTEERS THROUGHOUT NJ, ENSURING UNIFORM DELIVERY OF EXCEPTIONAL ADVOCACY AND SUPPORT FOR EVERY CHILD IN OUT-OF-HOME PLACEMENTS IN NJ SO THAT THEY HAVE THE OPPORTUNITY TO THRIVE IN A SAFE AND LOVING HOME.$48,000

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

SUMUDU WAASEXECUTIVE DIRECTOR & COO$159KLYNN FISHERSENIOR DIRECTOR OF DEV & EVENT$107K

From 2024 filing

NameTitleHoursCompensation
ALICE HACKETTBOARD MEMBER1
BARON JACOBBOARD MEMBER1
BASIL GODELLASBOARD MEMBER1
BETH WIENERBOARD MEMBER1
CHRIS ZABACKBOARD MEMBER1
DAVID MULLEBOARD MEMBER1
DEAN BACKERPRESIDENT7
ERIC ROPERBOARD MEMBER1
EUGENE TETLOWBOARD MEMBER1
GEOFF RUDDICKBOARD MEMBER1
GLEN DAILEYVICE PRESIDENT2
INGRID PIERCEBOARD MEMBER1
JACK INGLISBOARD MEMBER1
JAY PELLERBOARD MEMBER1
JENNIFER COLLINSBOARD MEMBER1
JOEL PRESSBOARD MEMBER1
JOHN BROADHURSTBOARD MEMBER1
JOHN TAVSSBOARD MEMBER1
JONATHAN BARRETTBOARD MEMBER1
JOSEPH FISHERBOARD MEMBER1
JOSEPH PATELLAROBOARD MEMBER1
KARL COLE-FRIEMANBOARD MEMBER1
KARA FRIEDENBERGBOARD MEMBER1
LANCE ZINMANBOARD MEMBER1
LUCINDA HISLOPBOARD MEMBER1
MARK SALAMEHBOARD MEMBER1
MICHAEL VRANOSBOARD MEMBER1
MIKAEL JOHNSONBOARD MEMBER1
NATALIE DEAK JAROSTREASURER1
PETER NAISMITHBOARD MEMBER1
RHONDA ELDRIDGEBOARD MEMBER1
ROB DAVISFOUNDER & CHAIRMAN EMERITUS1
ROB LEONARDBOARD MEMBER1
ROBERT MIRSKYBOARD MEMBER1
ROBERT SCHULTZVICE PRESIDENT2
TODD GOLDMANBOARD MEMBER1
VANESSA HEMAVATHIBOARD MEMBER1
WILLIAM TAGGART JRBOARD MEMBER1
ROSELLE POLOCONTROLLER40
SUMUDU WAASEXECUTIVE DIRECTOR & COO40$159,412
LYNN FISHERSENIOR DIRECTOR OF DEV & EVENT40$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 Service

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Hedge Funds Care Inc fund?

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: • Chil…

How do I apply for a grant from Hedge Funds Care Inc?

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. **Recent Financial Activity:** • Total giving: $1,252,325 (based on most recent IRS 990 filing) • 2023 expenses: $1.88M The organization has expanded to become active in 12 major cities in the United States and internationally.

Where does Hedge Funds Care Inc make 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.

What size grants does Hedge Funds Care Inc award?

In 2024, Hedge Funds Care Inc awarded 40 grants totaling $1.3M — an average of about $31K per grant, based on its IRS Form 990 filings.

What is Hedge Funds Care Inc's EIN?

Hedge Funds Care Inc's EIN (Employer Identification Number) is 43-1959796. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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