Hey Friend Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it made $900K in qualifying distributions. Net investment income was $35K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+182.7% YoY
Revenue
$1.0M
+11.3% YoY
Qualifying Distributions
$900K
-1.0% YoY
Expenses
$939K
-1.0% YoY
About Hey Friend Foundation Inc
Based on IRS filings
Hey Friend Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it made $900K in qualifying distributions. Net investment income was $35K.
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 | $1,055,638 | $373,347 | $427,365 |
| Revenue | $1,006,964 | $904,789 | $1,000,000 |
| Expenses | $939,387 | $949,074 | $1,047,191 |
| Qualifying Distributions | $899,550 | $908,571 | $996,152 |
| Net Investment Income | $34,564 | — | — |
| Distributable Amount | $28,573 | $5,450 | $4,982 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DORR BEGNAL | BOARD TRUSTEE | 5 | — |
| JON STEWART | BOARD TRUSTEE | 15 | — |
| TRACEY STEWART | BOARD CHAIR/ PRESIDENT | 25 | — |
| VYOLET KACHISIN | SECRETARY/TREASURER | 25 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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