HPS Foundation is a private foundation established in 2000 and based in Brooklyn, New York. The organization is classified as a 501(c)(3) exempt private foundation and operates as a family foundation.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-17.1% YoY
Annual Giving
$402K
+323.7% YoY
Grant Count
78
+77.3% YoY
Avg Grant Size
$5K
+139.0% YoY
Under IRS private-foundation payout rules, Hps Foundation reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation provides funding to further its charitable purposes, including some grants to individuals.
Ready to take the next step with Hps Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Fair Market Value of Assets (2001-2002): $439,706
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,483,359 | $2,997,253 | $2,373,207 |
| Revenue | $171,271 | $128,474 | $401,968 |
| Expenses | $404,173 | $104,351 | $68,994 |
| Qualifying Distributions | $402,207 | $94,931 | $53,063 |
| Net Investment Income | $19,620 | $13,565 | $373,044 |
| Distributable Amount | $122,796 | $22,853 | $102,315 |
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
195 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Keren Hatzolah ($250), cong toldas tzvi ($200), Hatzulah of Williamsburg ($200).
| Recipient | Purpose | Amount |
|---|---|---|
| CONG RAV LEHOSHIA MONSEY, NY | to promote activities of organization | $5 |
| BIKVEI HATZON INC BROOKLYN, NY | to promote activities of organization | $10 |
| cio of argentina monroe, NY | to promote activities of organization | $10 |
| CONG MAGEN AVROHOM BROOKLYN, NY | to promote activities of organization | $10 |
| CONG SORO BOHEL INC BROOKLYN, NY | to promote activities of organization | $18 |
| keren ezrial yechiel BROOKLYN, NY | to promote activities of organization | $18 |
| KOLLEL WILLIAMSBURG-TIF BROOKLYN NY 0502 Brooklyn, NY | to promote activities of organization | $18 |
| kupas ezra MONSEY, NY | to promote activities of organization | $18 |
| MIDRASH LMAN ACHAI Brooklyn, NY | to promote activities of organization | $18 |
| RAV TOV Brooklyn, NY | to promote activities of organization | $20 |
Leadership & Key People
Leadership team and compensation from IRS filings
Contact: Herman Steinmetz (listed as contact on 2001-2002 tax filing)
Note: The foundation has not claimed or updated its organizational profile on major charity evaluation platforms. Current detailed information about recent grantmaking activity, specific funding priorities, and application procedures is not available in verified public sources.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Herman Steinmetz | Trusteee | — | — |
| Bluma Steinmetz | Trustee | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hps Foundation fund?
The foundation provides funding to further its charitable purposes, including some grants to individuals.
What size grants does Hps Foundation award?
In 2024, Hps Foundation awarded 78 grants totaling $402K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Hps Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hps Foundation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hps Foundation's EIN?
Hps Foundation's EIN (Employer Identification Number) is 52-2300814. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hps Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Ojc Fund
BROOKLYN, NY
Assets
$46.1M
Grants
3,410
Total Given
$386.1M
Jack Adjmi Family Foundation Inc
NEW YORK, NY
Assets
$230K
Grants
1,064
Total Given
$4.2M
Mkz Charity Foundation Inc
MONTVALE, NJ
Assets
$268K
Grants
62
Total Given
$171K
Zichron Chaim Charity Fund
BROOKLYN, NY
Assets
$12K
Grants
237
Total Given
$132K
Lcpv Foundation Inc
MONROE, NY
Assets
$2.1M
Grants
91
Total Given
$1.4M
The Yale Fishman Family Foundation
WOODMERE, NY
Assets
$7.5M
Grants
120
Total Given
$218K
Jewish Communal Fund
NEW YORK, NY
Assets
$3.0B
Grants
4,673
Total Given
$953.3M
Greenzweig Family Foundation
MONSEY, NY
Assets
$1.5M
Grants
1
Total Given
$181K
U&R Foundation
BROOKLYN, NY
Assets
$820K
Grants
73
Total Given
$218K
CCG Foundation a NJ Nonprofit
LAKEWOOD, NJ
Assets
$7.2M
Grants
73
Total Given
$158K
Blum Foundation
BROOKLYN, NY
Assets
$2.0M
Grants
9
Total Given
$92K
Bbc Foundation
BROOKLYN, NY
Assets
$1.3M
Grants
2
Total Given
$21K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Hps Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities