Hesed Foundation

Foundation · Grantmaker Chicago, IL EIN: 36-4158247

Hesed Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 20 grants totaling $378K.

Key facts about Hesed Foundation

EIN
36-4158247
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$378,000
Grants made (2024)
20
Average grant
$18,900
Median grant
$10,000
New grantees (estimate)
25% first-time grantees (5 of 20, 2024)
Primary geography
Massachusetts (70% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Hesed Foundation funds

By grant dollars, the top recipient states for Hesed Foundation's 20 itemized 2024 grants were Massachusetts (70%), New Jersey (7%) and District of Columbia (7%). The most frequent recipient cities were Cambridge, MA (5 grants), Boston, MA (2 grants) and Chicago, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is Hesed Foundation open to new grantees?

25%

first-time grantees, 2024

In 2024, 5 of 20 grantees (25%) were first-time recipients. First grants averaged $9K; repeat grants $22K. How we count

Medians: $7K first-time, $10K repeat.

  • 50% of 2024 grantees were also funded in 2023. Method
  • Giving grew 120% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$378K

+56.1% YoY

Grant Count

20

+81.8% YoY

Avg Grant Size

$19K

-14.2% YoY

About Hesed Foundation

Based on IRS filings

Hesed Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 20 grants totaling $378K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

9states

Share of all 20 itemized 2024 grant dollars.

Cities

CambridgeBarringtonBostonJamaica PlainSan CarlosBaltimoreChicagoWashingtonLa PorteSan FranciscoSouth HamiltonEssexLexingtonMarionOakbrook TerraceEvansHillsboroughHouston

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$95K$189K$284K$378K15 grants202018 grants202123 grants202211 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Reservoir Church: $160KReservoir Church$160KFoundation for Self Leadership: $25KFoundation for Self Leadership$25KThe George Washington University: $25KThe George WashingtonUniversity$25KRebuild Africa: $23KRebuild Africa$23KPresidents and Fellows of Harvard College: $20KPresidents and Fellows ofHarvard College$20KLeadership Transformations Inc: $15KLeadership Transformations Inc$15KLife Work Direction: $15KLife Work Direction$15KFriends of Asha USA: $10KFriends of Asha USA$10KMce Social Capital: $10KMce Social Capital$10KPartners in Health: $10KPartners in Health$10K

Grant Size Distribution

87 grants across all recorded years

85<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Reservoir Church ($160,000), Foundation for Self Leadership ($25,000), The George Washington University ($25,000).

RecipientPurposeAmount
RESERVOIR CHURCH Cambridge, MAGENERAL$160,000
FOUNDATION FOR SELF LEADERSHIP Hillsborough, NJGENERAL$25,000
THE GEORGE WASHINGTON UNIVERSITY Washington, DCGENERAL$25,000
REBUILD AFRICA Cambridge, MAGENERAL$23,000
PRESIDENTS AND FELLOWS OF HARVARD COLLEGE Cambridge, MAGENERAL$20,000
LEADERSHIP TRANSFORMATIONS INC South Hamilton, MAGENERAL$15,000
LIFE WORK DIRECTION Jamaica Plain, MAGENERAL$15,000
FRIENDS OF ASHA USA Cambridge, MAGENERAL$10,000
MCE SOCIAL CAPITAL San Francisco, CAGENERAL$10,000
PARTNERS IN HEALTH Boston, MAGENERAL$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Stephanie S ChooPresident/Secretary/Director——
Cynthia S DouglassVice President/Director——
Peter W ChooTreasurer/Director——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hesed Foundation?

Hesed Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Chicago, IL. It holds — in total assets as of 2024.

Where does Hesed Foundation operate?

Hesed Foundation has awarded grants in California, District of Columbia, Georgia, Illinois, Indiana, Massachusetts, Maryland, New Jersey, Texas.

What size grants does Hesed Foundation award?

In 2024, Hesed Foundation awarded 20 grants totaling $378K — an average of about $19K per grant, based on its IRS Form 990 filings.

What is Hesed Foundation's EIN?

Hesed Foundation's EIN (Employer Identification Number) is 36-4158247. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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