HPC Incorporated
HPC Incorporated is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $62K in total assets. In 2025, it made $3K in qualifying distributions. Net investment income was $6.
Key facts about HPC Incorporated
- EIN
- 20-3999018
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $61,683
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$62K
-4.5% YoY
Revenue
$6
+0.0% YoY
Qualifying Distributions
$3K
-13.8% YoY
Expenses
$3K
-13.8% YoY
Under IRS private-foundation payout rules, HPC Incorporated reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.
How HPC Incorporated gives
- Giving fell 79% from 2021 to 2024. Method
- In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $700 (2024) to $3K (2021). In 2024 it made 1 grant totaling $700.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $61,683 | $64,594 | $67,973 |
| Revenue | $6 | $6 | $7 |
| Expenses | $2,917 | $3,385 | $3,597 |
| Qualifying Distributions | $2,917 | $3,385 | $3,597 |
| Net Investment Income | $6 | $6 | $7 |
| Distributable Amount | $3,100 | $3,242 | $3,414 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS February 27, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 26, 2026)
- IRS filings on file for fiscal years 2020–2025
Leadership & Key People
Officers and directors from IRS filings
HPC Incorporated is led by Andrea Olshan, President & Director on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Andrea Olshan
President & Director
On filings since 2020
0.3 hrs/week
No compensation reported
Michael Olshan
Treasurer & Director
Director → Treasurer & Director, 2021
On filings since 2020
0.3 hrs/week
No compensation reported
Britt Morgan-Saks
Clerk & Director
On filings since 2021
0.3 hrs/week
No compensation reported
Former officers (1)
- Former: Conor Gaughan (2020) — Treasurer & Director
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 HPC Incorporated
How large is HPC Incorporated?
HPC Incorporated reported $62K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is HPC Incorporated?
HPC Incorporated is a private foundation focused on Arts, Culture & Humanities, based in New York, NY. It holds $62K in total assets as of 2025.
Where does HPC Incorporated operate?
HPC Incorporated has awarded grants in Massachusetts.
What is HPC Incorporated's EIN?
HPC Incorporated's EIN (Employer Identification Number) is 20-3999018. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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