The Carl B and Ludmila S Hess Foundation

NEW YORK, NY EIN: 31-6651912

The Carl B and Ludmila S Hess Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 7 grants totaling $233K. Net investment income was $167K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+3.2% YoY

Annual Giving

$233K

+6.1% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$33K

-24.2% YoY

About The Carl B and Ludmila S Hess Foundation

Based on IRS filings

The Carl B and Ludmila S Hess Foundation is a private foundation, based in NEW YORK, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 7 grants totaling $233K. Net investment income was $167K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ConcordDoverNew YorkSaratoga SpringsSouth Hadley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$511K$1M$2M$2M201920202021202220232024
Metric202420232022
Total Assets$1,695,183$1,642,006$1,822,466
Revenue$200,003$70,028$67,782
Expenses$266,519$250,489$316,278
Qualifying Distributions$235,324$228,546$275,670
Net Investment Income$167,102$45,085$36,674
Distributable Amount$171,500$152,649$165,502

Giving Over Time

Total grant dollars and number of grants per year

$0$451K$903K$1M$2M1 grants20191 grants20202 grants20211 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Mount Holyoke College$123KFriends of the Lobkowicz…$25KThe New York Philharmonic$25KThe Buckley School$20KSt Paul's School$15KSt Thomas Church$15KThe Art Students League …$10K

Grant Size Distribution

16 grants across all recorded years

9<$50K1$50–100K2$100–250K2$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ludmila S BidwellTrustee - As Needed
J Truman Bidwell JrTrustee - As Needed

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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