HP Foundation

Private foundation · Grantmaker Palo Alto, CA EIN: 94-2618409

HP Foundation is a private foundation based in Palo Alto, California. Its filing describes support for programs that enhance understanding of science, engineering, technology, and medicine, as well as arts and human-services academic organizations when they can build creative bridges between science and the humanities.

HP Foundation at a glance

In short: HP Foundation gave $13.8M across 16 grants in 2025 (avg $864K), mostly in Delaware. 31% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$13,827,455
-12.1% vs 2024
Grants made (2025)
16
-23.8% vs 2024
Average grant
$864,216
+15.4% vs 2024
Median grant
$235,873
Total assets
$51,467,462
-19.1% vs 2024
New grantees (estimate)
31% first-time grantees (5 of 16, 2025; small sample)
Primary geography
Delaware (67% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to HP Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests; it says it makes contributions only to preselected charitable organizations. Its 2024 filing states there is no required application form. Requests should include an organizational description, history and overall purpose; the specific purpose, need, and amount requested; current financial statements; a detailed budget for a cash grant; other funding sources and their status; key personnel and staff qualifications; and evidence of tax-exempt status. The filing says the foundation does not fund organizations that are not tax-exempt, individuals, sectarian or denominational groups, agencies that practice or promote discriminatory or partisan policies, political activities, causes offering specific direct benefits to grantors, or individuals’ research projects.

Review Cycle
The 2024 filing states there are no submission deadlines.
Deadline
The 2024 filing states there are no submission deadlines.
Contact

Application contact: Executive Director - Hp Foundation
Mailing address: 1501 Page Mill Road, Palo Alto, CA 94304
Phone: (858) 924-4341

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who HP Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

American Online Giving Foundation: $9.3MAmerican Online GivingFoundation$9.3MTrust for the National Mall: $1.5MTrust for the National Mall$1.5MGirl Rising: $540KGirl Rising$540K1MT Cares: $500K1MT Cares$500KYMCA of the USA: $400KYMCA of the USA$400KJunior Achievement Worldwide: $281KJunior Achievement Worldwide$281KAmerican Red Cross: $275KAmerican Red Cross$275KCare: $250KCare$250KCharities Aid Foundation of America: $222KCharities Aid Foundation ofAmerica$222KGlobal Impact: $200KGlobal Impact$200K

The largest 2025 recipient was American Online Giving Foundation ($9.3M). Together the top 10 received $13.5M.

Grant Size Distribution

82 grants across all recorded years

10<$50K14$50–100K21$100–250K15$250–500K6$500K–1M12$1–5M4$5M+

The most common grant size was in the $100–250K range: 21 grants of 82 (26%).

Geographic Focus

Where this funder awards grants

The foundation states that it does not restrict grants by geographic area, while specifying that it gives to U.S. institutions tax-exempt under Section 501(c)(3) for 501(c)(3) purposes. In 2025, the largest shares of grant dollars by recipient state were Delaware (67%), the District of Columbia (13%), Massachusetts (4%), Texas (4%), and Virginia (3%).

Grant Distribution by State

17states

Share of 2025 grant dollars across all 16 itemized grants.

Cities

WashingtonNew YorkAlexandriaColorado SpringsOaklandNewarkChicagoClearwaterFort WorthPittsfieldSan FranciscoSanta BarbaraFairfieldLos AngelesNewtownRaleighSan JoseAtlantaAustinDallas

Is HP Foundation open to new grantees?

31%

first-time grantees, 2025

In 2025, 5 of 16 grantees (31%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $161K; repeat grants $1.2M. How we count

Medians: $25K first-time, $275K repeat.

  • 63% of 2025 grantees were also funded in 2024. Method
  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out 630% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M19 grants2020 16 grants2021 14 grants2022 15 grants2023 21 grants2024 16 grants2025

From 2020 to 2025, annual grant giving ranged from $7.1M (2021) to $15.7M (2024). In 2025 it made 16 grants totaling $13.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
American Online Giving Foundation Newark, DECharitable$9,299,357
Trust for the National Mall Washington, DCCharitable$1,500,000
Girl Rising Pittsfield, MACharitable$540,000
1MT Cares San Antonio, TXCharitable$500,000
YMCA of the USA Chicago, ILCharitable$400,000
Junior Achievement Worldwide Colorado Springs, COCharitable$281,353
American Red Cross Washington, DCCharitable$275,000
Care Atlanta, GACharitable$250,000
Charities Aid Foundation of America Alexandria, VACharitable$221,745
Global Impact Alexandria, VACharitable$200,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$51,467,462$3,057,657$14,649,309$13,827,45516$16,379,819$3,824,801$2,600,000
2024$63,656,709$3,169,197$22,136,956$15,724,96021$17,950,415$3,119,817$3,240,238
2023$73,972,686$-5,232,335$14,836,933$13,122,78915$14,471,705$3,274,129$3,822,510
2022$83,359,343$33,494,518$13,042,042$10,959,22414$12,657,738$1,148,902$4,216,132
2021$78,352,938$37,379,189$8,477,359$7,146,34916—$17,315,374$3,206,126
2020$53,618,954$3,384,401$11,218,625$9,646,93019—$3,348,748$2,758,377

Under IRS private-foundation payout rules, HP Foundation reported a distributable amount of $2.6M for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s filing identifies science, engineering, technology, and medicine programs, along with arts and human-services academic organizations that connect the sciences and humanities, as areas it funds. Its listed recipients illustrate a range of supported work: Trust for the National Mall describes its work as restoring, enriching, and preserving the National Mall and providing educational opportunities; 1MT Cares says it provides educational opportunities and empowerment for teachers in vulnerable and under-resourced communities; CareerVillage says it provides students with career information services; and Comp-U-Dopt says it provides technology access and education to children with limited resources.

Grantmaking

In filing year 2025, HP Foundation reported 16 grants totaling $13,827,455. Grants ranged from $10,000 to $9,299,357, with a median grant of $235,872. Among the largest were $9,299,357 to American Online Giving Foundation, $1,500,000 to Trust for the National Mall, $540,000 to Girl Rising, $500,000 to 1MT Cares, and $400,000 to YMCA of the USA. The filing lists the purposes for these grants as charitable.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Michele Malejki as executive director, with a start date of November 2024, and Matt Buckley as executive director through November 2024. Other listed officers and directors are Stephanie Bormann, deputy director; Phyllis Turner-Brim, secretary/interim audit chair; Olga Marruffo, treasurer; and board members Ernest Nicols, Antonio Lucio, Carol Surface, Anneliese Olson, and Alex Cho.

HP Foundation is led by Matt Buckley, Executive Director on the 2025 filing; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Matt Buckley

    Executive Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michele Malejki

    Executive Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Kristen Ludgate

    Board Member & Audit Chair

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Phyllis Turner-Brim

    Secretary & Interim Audit Chair

    Assistant Secretary → Secretary, 2022

    Secretary → Secretary & Interim Audit Chair, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Alex Cho

    Board Member

    On filings since 2020

    0.1 hrs/week

    No compensation reported

  • Stephanie Bormann

    Deputy Director

    On filings since 2021

    32 hrs/week

    No compensation reported

  • Ernest Nicols

    Board Member

    On filings since 2022

    0.1 hrs/week

    No compensation reported

  • Stella Low

    Board Member

    On filings since 2022

    0.2 hrs/week

    No compensation reported

  • Antonio Lucio

    Board Member

    On filings since 2024

    0.1 hrs/week

    No compensation reported

  • Olga Marruffo

    Treasurer

    On filings since 2024

    0.2 hrs/week

    No compensation reported

  • Anneliese Olson

    Board Member

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Carol Surface

    Board Member

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

Former officers (12)
  • Former: Matthew Buckley (2022–2024) — Executive Director
  • Former: Stephanie Liebman (2024) — Treasurer
  • Former: Barbara Barton-Weiszhaar (2022–2023) — Treasurer
  • Former: Christoph Schell (2020–2022) — Board Member
  • Former: Deborah McIsaac (2020–2022) — Executive Director
  • Former: Marie Myers (2021–2022) — Treasurer
  • Former: Rick Hansen (2021–2022) — Secretary
  • Former: Ellen Jackowski (2022) — Executive Director
  • Former: Karen Kahn (2022) — Board Member
  • Former: Patrick Scott (2020–2021) — Secretary
  • Former: Tracy S. Keogh (2020–2021) — Audit Chair & Board Member
  • Former: Steve Filer (2020) — Chief Financial Officer

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about HP Foundation

How much does HP Foundation give each year?

HP Foundation gave $13.8M across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $15.7M across 21 grants.

What is HP Foundation's typical grant size?

HP Foundation's median grant in 2025 was $235,873, and its average grant was $864,216, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from HP Foundation that year got $161K on average.

Where does HP Foundation give grants?

HP Foundation gives mostly in Delaware: 67% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was District of Columbia (13%). The most frequent recipient cities were Washington, DC (2 grants), Alexandria, VA (2 grants) and New York, NY (2 grants).

Does HP Foundation give general operating support?

Not in 2025: none of the 16 grants with a stated purpose on HP Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (15 grants).

Who are HP Foundation's largest grantees?

HP Foundation's largest 2025 grantees include American Online Giving Foundation ($9,299,357), Trust for the National Mall ($1,500,000) and Girl Rising ($540,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.

How large is HP Foundation?

HP Foundation reported $51.5M in total assets on its 2025 IRS Form 990-PF. It paid out $16.4M in qualifying distributions that year, against a required minimum of $2.6M (roughly 5% of its investment assets).

What does HP Foundation fund?

The foundation’s filing identifies science, engineering, technology, and medicine programs, along with arts and human-services academic organizations that connect the sciences and humanities, as areas it funds. See mission & focus areas ↑

How do I apply for a grant from HP Foundation?

The foundation does not accept unsolicited requests; it says it makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is HP Foundation's EIN?

HP Foundation's EIN (Employer Identification Number) is 94-2618409. IRS Form 990 filing data is available on this page for 2020–2025.

Does HP Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2022 (received by the IRS September 26, 2024)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS August 10, 2026)
  3. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). HP Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/hp-foundation-morg_65a32423c370453dab6dbd3417d46b88

BibTeX
@misc{grantable_942618409_2026,
  author       = {{Grantable}},
  title        = {{HP Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/hp-foundation-morg_65a32423c370453dab6dbd3417d46b88},
  note         = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from HP Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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