Hesed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 16 grants totaling $159K. Net investment income was $263K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+9.1% YoY
Annual Giving
$159K
-38.9% YoY
Grant Count
16
-5.9% YoY
Avg Grant Size
$10K
-35.1% YoY
About Hesed Foundation
Based on IRS filings
Hesed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 16 grants totaling $159K. Net investment income was $263K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,074,323 | $2,817,727 | $2,843,381 |
| Revenue | $462,743 | $258,480 | $250,137 |
| Expenses | $206,147 | $284,134 | $210,605 |
| Qualifying Distributions | $158,533 | $259,368 | $193,456 |
| Net Investment Income | $263,326 | $233,714 | $232,988 |
| 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
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bel Air Presbyterian Church ($31,000), Care for Children ($25,747), Scholar Leaders International ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BEL AIR PRESBYTERIAN CHURCH LOS ANGELES, CA | GENERAL | $31,000 |
| SATS USA ALTA DENA, CA | GENERAL | $3,000 |
| GKPN NYACK, NY | GENERAL | $10,000 |
| CARE FOR CHILDREN LEAWOOD, KS | GENERAL | $25,747 |
| THE SALVATION ARMY OF SO CAL LONG BEACH, CA | GENERAL | $3,586 |
| CHRIST PRESBYTERIAN CHURCH OF LAKEW LAKEWOOD, CA | GENERAL | $4,000 |
| VISION INTERNATIONAL ALLIANCE LOS ANGELES, CA | GENERAL | $3,000 |
| SCHOLAR LEADERS INTERNATIONAL DEERFIELD, IL | GENERAL | $20,000 |
| CURE INTERNATIONAL GRAND RAPIDS, MI | GENERAL | $15,000 |
| AMG INTERNATIONAL CHATTANOOGA, TN | GENERAL | $2,800 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID M FUNG | President | 1 | — |
| HEE SOOK FUNG | Treasurer | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hesed Foundation?
Hesed Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOS ANGELES, CA. It holds $3.1M in total assets as of 2024.
How large is Hesed Foundation?
As of 2024, Hesed Foundation holds $3.1M in total assets with $463K in annual revenue. It awarded 16 grants totaling $159K in 2024.
Where does Hesed Foundation operate?
Hesed Foundation has awarded grants in California, Colorado, Illinois, Kansas, Michigan, North Carolina, Nebraska, New Jersey, New York, South Carolina, Tennessee, Texas.
What size grants does Hesed Foundation award?
In 2024, Hesed Foundation awarded 16 grants totaling $159K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Hesed Foundation's EIN?
Hesed Foundation's EIN (Employer Identification Number) is 52-2393825. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hesed Foundation'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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