Hfrx Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $23K. Net investment income was $22K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-0.4% YoY
Annual Giving
$23K
-56.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$8K
-41.6% YoY
Under IRS private-foundation payout rules, Hfrx Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.
About Hfrx Foundation
Based on IRS filings
Hfrx Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 3 grants totaling $23K. Net investment income was $22K.
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 | $1,171,530 | $1,176,086 | $1,179,893 |
| Revenue | $28,178 | $75,292 | $56,372 |
| Expenses | $30,886 | $79,099 | $67,168 |
| Qualifying Distributions | $25,015 | $67,917 | $55,930 |
| Net Investment Income | $22,307 | $64,110 | $45,334 |
| Distributable Amount | $65,929 | $62,353 | $64,842 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Misericordia Home ($20,000), Border Tails Rescue ($2,000), Lake Forest Country Day School ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MISERICORDIA HOME CHICAGO, IL | GENERAL OPERATING | $20,000 |
| BORDER TAILS RESCUE NORTHBROOK, IL | GENERAL OPERATING | $2,000 |
| LAKE FOREST COUNTRY DAY SCHOOL LAKE FOREST, IL | GENERAL OPERATING | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH G NICHOLAS | PRESIDENT, DIRECTOR | 0.2 | — |
| GEORGE F NICHOLAS JR | DIRECTOR | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hfrx Foundation?
Hfrx Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $1.2M in total assets as of 2024.
How large is Hfrx Foundation?
As of 2024, Hfrx Foundation holds $1.2M in total assets with $28K in annual revenue. It awarded 3 grants totaling $23K in 2024.
Where does Hfrx Foundation operate?
Hfrx Foundation has awarded grants in California, Florida, Illinois, Rhode Island.
What size grants does Hfrx Foundation award?
In 2024, Hfrx Foundation awarded 3 grants totaling $23K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Hfrx Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hfrx Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hfrx Foundation's EIN?
Hfrx Foundation's EIN (Employer Identification Number) is 20-8018497. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hfrx 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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