Hesed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BEACH, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 10 grants totaling $66K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$812K
-6.0% YoY
Annual Giving
$66K
+7.1% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$7K
-3.6% YoY
Under IRS private-foundation payout rules, Hesed Foundation Inc reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About Hesed Foundation Inc
Based on IRS filings
Hesed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BEACH, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $812K in total assets. In 2024, it awarded 10 grants totaling $66K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $812,420 | $864,451 | $881,985 |
| Revenue | $52,865 | $25,705 | $65,307 |
| Expenses | $78,312 | $69,823 | $71,450 |
| Qualifying Distributions | $65,500 | $61,135 | $51,750 |
| Net Investment Income | $52,865 | $25,705 | $65,307 |
| Distributable Amount | $41,615 | $49,211 | $56,534 |
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
49 grants across all recorded years
Open Grants
1 open opportunity from Hesed Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Planned Parenthood of Northern New England ($20,000), Greenwich House Mmtp ($10,000), Jewish Queer Youth ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY PARTNERS DOVER, NH | RESPITE CARE FOR FAMILITIES WITH SPECIAL NEEDS CHILDREN OR ADULTS IN STAFFORD CO NH | $3,000 |
| GREENWICH HOUSE MMTP NEW YORK, NY | IN SUPPORT OF FREE AND ACCESSIBLE DISTRIBUTION OF FENTANYL TEST STRIPS TO PATIENTS OF GREENWICH HOUSE'S METHADONE MAINTENANCE TREATMENT PROGRAM | $10,000 |
| JOAN G LOVERING CENTER GREENLAND, NH | IN SUPPORT OF ACCESS TO ABORTION SERVICES | $6,000 |
| KISMET ROCK FOUNDATION NORTH CONWAY, NH | IN SUPPORT OF A SUMMER SCHOLARSHIP PROGRAM | $5,000 |
| KOBE HENRO INC SUDBURY, MA | PET FOOD DONATION CENTER IN CONCORD, MA | $2,000 |
| PLANNED PARENTHOOD OF NORTHERN NEW ENGLAND COLCHESTER, VT | TO PURCHASE TWO NEW POWER EXAM TABLES FOR THEIR FLAGSHIP HEALTH CENTERS | $20,000 |
| JEWISH QUEER YOUTH NEW YORK, NY | SUPPORT FOR PROGRAMMING FOR JEWISH QUEER YOUTH | $7,500 |
| HORIZONS FOR HOMELESS CHILDREN ROXBURY, MA | ADDRESSING FOOD INSECURITY. HELP FUND FOOD PROGRAM IN THEIR EARLY EDUCATION CENTER IN ROXBURY, MA. THEY PROVIDE CHILDREN WITH TWO NUTRITIOUS MEALS AND SNACKS A DAY. | $5,000 |
| MOMS FOR MOMS NYC BROOKLYN, NY | PROVIDE SINGLE MOTHERS WITH POSTPARTUM AND NEWBORN ESSENTIALS THAT ARE NOT COVERED BY PUBLIC ASSISTANCE PROGRAMS TO LESSEN THE STRESS THAT COMES WITH LIVING IN POVERTY. | $5,000 |
| BROCKTON DAY NURSERY BROCKTON, MA | IN SUPPORT OF SERVING THE NEEDS OF CHILDREN AND FAMILIES BY PROVIDING COMPREHENSIVE CHILD CARE AND SUPPORT SERVICES. | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELIZA SHULMAN | SECRETARY | — | — |
| JASON SHULMAN | TREASURER | — | — |
| ALEXANDER SHULMAN | TRUSTEE | — | — |
| LUKE SHULMAN | TRUSTEE | — | — |
| LUCKY SHULMAN | TRUSTEE | — | — |
| JODI SPERBER | TRUSTEE | — | — |
| DANIELLE LAZARIN | TRUSTEE | — | — |
| ALICIA SHULMAN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hesed Foundation Inc?
Hesed Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE BEACH, NH. It holds $812K in total assets as of 2024.
How large is Hesed Foundation Inc?
As of 2024, Hesed Foundation Inc holds $812K in total assets with $53K in annual revenue. It awarded 10 grants totaling $66K in 2024.
Where does Hesed Foundation Inc operate?
Hesed Foundation Inc has awarded grants in California, Georgia, Illinois, Massachusetts, New Hampshire, New York, Vermont.
What size grants does Hesed Foundation Inc award?
In 2024, Hesed Foundation Inc awarded 10 grants totaling $66K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Hesed Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hesed Foundation Inc reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hesed Foundation Inc's EIN?
Hesed Foundation Inc's EIN (Employer Identification Number) is 02-0513464. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hesed Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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