Hps Foundation
- Assets
- $2.4m
- Revenue
- $402.0k
- Investments
- $215.2k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 52-2300814
Organization Overview
Hps Foundation is located in Brooklyn, NY. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hps Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Hps Foundation generated $402.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $69.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hps Foundation has awarded 323 individual grants totaling $739,519. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Steinmetz Trusteee | 0 | $0 | |
Bluma Steinmetz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,993 |
| Interest on Savings | $118 |
| Dividends & Interest | $37,508 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,128 |
| Capital Gain Net Income | $17,128 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $334,221 |
| Total Revenue | $401,968 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $15,931 |
| Contributions, gifts, grants paid | $53,063 |
| Total expenses and disbursements | $68,994 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,076 |
| Savings and temporary cash investments | $1,726,348 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $404,555 |
| Investments—mortgage loans | $0 |
| Investments—other | $215,228 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $10,000 |
| Total assets | $2,373,207 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hps Foundation has awarded $53,063 in support to 50 organizations.
| Grant Recipient | Amount |
|---|---|
BETH OLOTH GIRLS HOME PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $5 |
JEWISH CTR FOR SPECIAL BROOKLYN NY 1227 PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $20 |
KOLLEL WILLIAMSBURG-TIF BROOKLYN NY 0502 PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $20 |
MIDRASH LMAN ACHAI PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $20 |
RAV TOV PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $20 |
HISACHDUS AVRECHIM D'SATMAR PURPOSE: TO PROMOTE ACTIVITIES OF ORGANIZATION | $36 |