Private Foundation

HESS FOUNDATION INC

Based in PARSIPPANY, NJ, HESS FOUNDATION INC operates as a Private Foundation. The organization reported $43.2M in revenue, $74.4M in expenses, $219.2M in total assets for fiscal year 2024. Imperigo tracks 1,022 reported grants from this foundation totaling approximately $268.2M.

EIN: 221713046 PARSIPPANY, NJ Latest filing: 2024

Total Revenue$43.2M

Total Expenses$74.4M

Total Assets$219.2M

Grants Given1,022

Grant Total$268.2M

Filing Years2019–2024

Sample Grants Given

ICAHN SCHOOL OF MEDICINE

NEW YORK, PA · 2023

THE RAQUEL AND JAIME GILINSKI DEPARTMENT OF OBSTETRICS, GYNECOLOGY AND REPRODUCTIVE SCIENCE AND UNRESTRICTED PURPOSES

$20,150,000

STEPPINGSTONE FOUNDATION

BOSTON, MA · 2023

ENDOWMENT FOR STAFF SALARIES AND UNRESTRICTED PURPOSES

$5,333,333

HARVARD BUSINESS SCHOOL

CAMBRIDGE, MA · 2023

JOHN B. HESS FUND FOR INNOVATION AND LEADERSHIP, THE HBS DEAN'S HONORARY ENDOWMENT FOR BUSINESS AND SOCIETY AND UNRESTRICTED PURPOSES

$5,150,000

COLLEGE OF PHYSICIANS OF PHILADELPHIA

PHILADELPHIA, PA · 2023

AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.

$5,000,000

LINCOLN CTR FOR THE PERFORMING ARTS

NEW YORK, PA · 2023

FOR THE DESIGN, RECONSTRUCTION AND ENDOWMENT OF DAVID GEFFEN HALL AND UNRESTRICTED PURPOSES

$4,350,000

Showing up to 5 of 1,022 total records — full history available with membership.

Officers & Directors

DIRECTOR, VICE PRESIDENT Constance Williamsco Hess Foundatn

OUTGOING DIRECTOR, TREASURER Eugene Wgoodwillie Jr Co Hess Fnd

DIRECTOR, PRESIDENT John B Hess Co Hess Foundation

DIRECTOR, SECRETARY Thomas H Kean Co Hess Foundation

Officer compensation and complete director data available with membership.

Top Grant Purposes

AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.

$164,064,723 758 grants

An unrestricted grant to further the donee's exempt purpose.

$33,854,110 160 grants

THE RAQUEL AND JAIME GILINSKI DEPARTMENT OF OBSTETRICS, GYNECOLOGY AND REPRODUCTIVE SCIENCE AND UNRESTRICTED PURPOSES

$20,150,000 1 grant

IN SUPPORT OF THE CONSTRUCTION OF A NEW AUDITORIUM

$6,415,000 4 grants

ENDOWMENT FOR STAFF SALARIES AND UNRESTRICTED PURPOSES

$5,333,333 1 grant

Financial Trends

Year	Revenue	Expenses	Assets
2024	$43.2M	$74.4M	$219.2M
2023	$21.6M	$49.0M	$211.0M
2022	$50.7M	$35.6M	$195.4M
2020	$35.3M	$35.8M	$144.0M
2019	$38.0M	$36.2M	$98.9M

Between 2019 and 2024, reported annual revenue grew from $38.0M to $43.2M (+14%), with total assets most recently reported at $219.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AL, AZ, CA, CT, DC, FL, and 4 other states.

ALAZCACTDCFLGAILINMA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for HESS FOUNDATION INC

Complete financials, all 1,022 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports