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
Mission & Focus Areas
The foundation provides funding to further its charitable purposes, including some grants to individuals.
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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
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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Total Given
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Jeanne & Thomas Hardy Family Foundation
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Assets
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Total Given
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Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
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Total Given
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Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
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Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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