The HEP Foundation Business Trust
The HEP Foundation Business Trust is a private foundation, based in Lexington, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $25K in total assets. In 2025, it awarded 6 grants totaling $2K.
The HEP Foundation Business Trust at a glance
In short: The HEP Foundation Business Trust gave $2K across 6 grants in 2025 (avg $258.333), mostly in Kentucky. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,550
- -90.7% vs 2024
- Grants made (2025)
- 6
- -62.5% vs 2024
- Average grant
- $258
- -75.1% vs 2024
- Median grant
- $200
- Total assets
- $24,896
- +149.9% vs 2024
- Primary geography
- Kentucky (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The HEP Foundation Business Trust funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was First Presbyterian Church ($500). Together the top 6 received $2K.
Grant Size Distribution
63 grants across all recorded years
The most common grant size was under $50K: 62 grants of 63 (98%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
Cities
How The HEP Foundation Business Trust gives
- Giving fell 99% from 2022 to 2025. Method
- In 2025 it paid out 131% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $2K (2025) to $121K (2022). In 2025 it made 6 grants totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| First Presbyterian Church Lexington, KY | General Purpose | $500 |
| Easterseals Lexington, KY | General Purpose | $400 |
| Lexington Humane Society Lexington, KY | General Purpose | $200 |
| Sayre School Lexington, KY | General Purpose | $200 |
| Charleston Animal Society North Charleston, SC | General Purpose | $150 |
| Cardinal Hill Foundation Lexington, KY | General Purpose | $100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $24,896 | $31,439 | $16,505 | $1,550 | 6 | $1,550 | — | $1,180 |
| 2024 | $9,962 | $826 | $31,543 | $16,600 | 16 | $16,600 | — | $863 |
| 2023 | $40,679 | $71,905 | $61,025 | $46,108 | 9 | $46,108 | $557 | $2,065 |
| 2022 | $29,799 | $41,879 | $136,345 | $121,450 | 14 | $121,450 | — | $2,871 |
| 2021 | $124,265 | $55,016 | $28,188 | $13,250 | 18 | $13,250 | — | $4,574 |
| 2020 | $97,437 | $105,311 | $26,970 | $12,075 | 13 | — | — | $1,293 |
Under IRS private-foundation payout rules, The HEP Foundation Business Trust reported a distributable amount of $1K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The HEP Foundation Business Trust's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jean Ellen Paulson
Successor Trustee
Successor Tr → Successor Trustee, 2025
On filings since 2020
No compensation reported
L Edwin Paulson Jr.
Trustee
On filings since 2020
No compensation reported
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 The HEP Foundation Business Trust
How much does The HEP Foundation Business Trust give each year?
The HEP Foundation Business Trust gave $2K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 16 grants.
What is The HEP Foundation Business Trust's typical grant size?
The HEP Foundation Business Trust's median grant in 2025 was $200, and its average grant was $258, across 6 grants on its 2025 IRS Form 990-PF.
Where does The HEP Foundation Business Trust give grants?
The HEP Foundation Business Trust gives mostly in Kentucky: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was South Carolina (10%). The most frequent recipient cities were Lexington, KY (5 grants).
Does The HEP Foundation Business Trust give general operating support?
Yes: 100% of The HEP Foundation Business Trust's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The HEP Foundation Business Trust's largest grantees?
The HEP Foundation Business Trust's largest 2025 grantees include First Presbyterian Church ($500), Easterseals ($400) and Lexington Humane Society ($200), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is The HEP Foundation Business Trust?
The HEP Foundation Business Trust reported $25K in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $1K (roughly 5% of its investment assets).
What is The HEP Foundation Business Trust's EIN?
The HEP Foundation Business Trust's EIN (Employer Identification Number) is 30-0200192. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS February 10, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS February 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS January 26, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS January 30, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 3, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work The HEP Foundation Business Trust funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The HEP Foundation Business Trust's focus areas in our free grants database
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Figures come from The HEP Foundation Business Trust'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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