Hps Foundation

Private foundation · Grantmaker Brooklyn, NY EIN: 52-2300814

Hps Foundation is a private foundation based in Brooklyn, New York. It made 70 grants totaling $134,872 in 2025, with all reported grant dollars going to recipients in New York.

Hps Foundation at a glance

In short: Hps Foundation gave $135K across 70 grants in 2025 (avg $2K), mostly in New York. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$134,872
-66.5% vs 2024
Grants made (2025)
70
-10.3% vs 2024
Average grant
$1,927
-62.6% vs 2024
Median grant
$200
Total assets
$2,490,625
+0.3% vs 2024
Primary geography
New York (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Hps Foundation

How to Apply

The foundation’s 2024 filing says it does not restrict giving to preselected organizations. It lists Mr Herman Steinmetz as the contact, says there are no special requirements for forms or materials, and restricts awards to a religious organization or an applicant with a letter of recommendation from a religious organization.

Review Cycle
The 2024 filing lists no deadline.
Deadline
The 2024 filing lists no deadline.
Contact

Application contact: Mr Herman Steinmetz
Mailing address: 60 Hewes Street, Brooklyn, NY 11206
Phone: (718) 875-9267

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

Who Hps Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Kahal Adas Paya: $80KKahal Adas Paya$80KVia Keap St Realty: $11KVia Keap St Realty$11KCong NER Burach: $8KCong NER Burach$8KAvihem: $6KAvihem$6KCong Livnay Yisroel: $4KCong Livnay Yisroel$4KThe OJC Fund: $4KThe OJC Fund$4KChasdei Yitzchok: $2KChasdei Yitzchok$2KCong Divrei Eliezer: $2KCong Divrei Eliezer$2KCong Zichren Yehuda: $2KCong Zichren Yehuda$2KToras Emachu: $2KToras Emachu$2K

The largest 2025 recipient was Kahal Adas Paya ($80K). Together the top 10 received $119K.

Grant Size Distribution

362 grants across all recorded years

359<$50K2$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 359 grants of 362 (99%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in New York. The filing data lists no grant dollars for New Jersey that year.

Grant Distribution by State

2states

Share of 2025 grant dollars across all 70 itemized grants.

Cities

BrooklynMonseySpring ValleyMonroeLakewoodMount KiscoForest HillsJersey CityLawrenceWoodmereBedford HillsBKLYNCliftonHighland MLSJerusalemNewarkOceansideOld BridgeSuffernSwan Lake

How Hps Foundation gives

  • 38% of 2025 grantees were also funded in 2024. Method
  • Giving grew 154% from 2022 to 2025. Method
  • In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (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$200K$400K$600K1 grant2019 1 grant2020 120 grants2021 50 grants2022 44 grants2023 78 grants2024 70 grants2025

From 2019 to 2025, annual grant giving ranged from $53K (2022) to $402K (2024). In 2025 it made 70 grants totaling $135K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Kahal Adas Paya Brooklyn, NYto promote activities of organization$80,000
Via Keap St Realty Spring Valley, NYto promote activities of organization$10,825
Cong NER Burach Brooklyn, NYto promote activities of organization$7,500
Avihem Brooklyn, NYto promote activities of organization$6,000
Cong Livnay Yisroel Bedford Hills, NYto promote activities of organization$4,000
The OJC Fund Brooklyn, NYto promote activities of organization$4,000
Chasdei Yitzchok Brooklyn, NYto promote activities of organization$1,800
Cong Divrei Eliezer Brooklyn, NYto promote activities of organization$1,800
Cong Zichren Yehuda Brooklyn, NYto promote activities of organization$1,500
Toras Emachu Monsey, NYto promote activities of organization$1,500
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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$2,490,625$142,429$134,872$134,87270$134,872$2,477$122,994
2024$2,483,359$171,271$404,173$402,20778$402,207$19,620$122,796
2023$2,997,253$128,474$104,351$94,93144$94,931$13,565$22,853
2022$2,373,207$401,968$68,994$53,06350$53,063$373,044$102,315
2021$2,041,718$200,198$208,874$193,159120—$149,426$97,820
2020$2,048,293$238,937$209,401$195,5711—$135,937$95,143
2019$2,030,754$156,416$205,679$205,6521—$30,050$98,616

Under IRS private-foundation payout rules, Hps Foundation reported a distributable amount of $123K 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 available filing information does not state the foundation’s mission or specific funding priorities. Its 2025 grants included support for religious and community organizations. AVIHEM INC, which received $6,000, describes its mission as providing financial assistance for wedding-related expenses to poor orphans from Orthodox communities. The OJC Fund, which received $4,000, describes its mission as maintaining a donor-advised fund and providing fundholders with charitable-giving services.

Grantmaking

In 2025, the foundation reported 70 grants totaling $134,872. Grant amounts ranged from $18 to $80,000, with a median of $200. Its largest listed grant was $80,000 to Kahal Adas Paya in Brooklyn, for “to promote activities of organization.” Other listed grants included $10,825 to VIA KEAP ST REALTY, $7,500 to cong ner burach, and $6,000 to Avihem.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Herman Steinmetz and Bluma Steinmetz as trustees.

Hps Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Bluma Steinmetz

    Trustee

    On filings since 2019

    No compensation reported

  • Herman Steinmetz

    Trusteee

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Hps Foundation

How much does Hps Foundation give each year?

Hps Foundation gave $135K across 70 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $402K across 78 grants.

What is Hps Foundation's typical grant size?

Hps Foundation's median grant in 2025 was $200, and its average grant was $1,927, across 70 grants on its 2025 IRS Form 990-PF.

Where does Hps Foundation give grants?

Hps Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (49 grants), Spring Valley, NY (5 grants), Monsey, NY (3 grants) and Monroe, NY (3 grants).

Does Hps Foundation give general operating support?

Not in 2025: none of the 70 grants with a stated purpose on Hps Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Promote Activities of Organization" (70 grants).

Who are Hps Foundation's largest grantees?

Hps Foundation's largest 2025 grantees include Kahal Adas Paya ($80,000), Via Keap St Realty ($10,825) and Cong NER Burach ($7,500), according to its 2025 IRS Form 990-PF. Together they received 73% of its itemized 2025 grant dollars.

How large is Hps Foundation?

Hps Foundation reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $135K in qualifying distributions that year, against a required minimum of $123K (roughly 5% of its investment assets).

What does Hps Foundation fund?

The available filing information does not state the foundation’s mission or specific funding priorities. Its 2025 grants included support for religious and community organizations. See mission & focus areas ↑

How do I apply for a grant from Hps Foundation?

The foundation’s 2024 filing says it does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2019–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS January 17, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 13, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 13, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 7, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 9, 2024)

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Cite this profile

Grantable. (2026). Hps Foundation funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/hps-foundation-morg_d39cbaebb62d44faacb3ae67821f9521

BibTeX
@misc{grantable_522300814_2026,
  author       = {{Grantable}},
  title        = {{Hps Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/hps-foundation-morg_d39cbaebb62d44faacb3ae67821f9521},
  note         = {Accessed 2026-10-15. 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 Hps 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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