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HESS FOUNDATION INC
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HESS FOUNDATION INC
Parsippany, NJ, US
•
501(c)3
•
EIN
22-1713046
•
Private Foundation
Family Foundation
Regional Funder
HESS FOUNDATION INC
Sign up to claim this org
Parsippany, NJ, US
•
501(c)3
•
EIN
22-1713046
•
Private Foundation
Family Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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for more:
People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Dec 1
Revenues in
2024
$43,181,035
Contributions
67%
Investments
31%
Other
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$74,400,800
Grants
85%
Interest
10%
Other
3%
Fees to Service Providers
2%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$21,547,444
$29,024,289
+35%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$12,303,388
$13,498,657
+10%
Other
-$12,283,100
$658,089
-105%
Total Revenues
$21,567,732
$43,181,035
+100%
Expenses
2023
2024
Change
Grants
$40,981,500
$63,385,033
+55%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$1,300,398
$1,745,606
+34%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$7,200
$0
-100%
Interest
$4,048,312
$7,145,102
+76%
Depreciation
$0
$0
-
Other
$2,646,782
$2,125,059
-20%
Total Expenses
$48,984,192
$74,400,800
+52%
Net income
2023
2024
Change
Net income
-$27,416,460
-$31,219,765
-14%
Income Statement
