Ic Hessed Foundation FY2021 filing

New York, NYPrivate foundation / grantmakerEIN 27-6354369Revenue $122K in FY2021

On file with the IRS463 7th Ave 602 · New York, NY

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FY2021 · Form 990-PFIndependent: from IRS data, not the org
Download 990
Latest return
FY2023
latest Form 990-PF
Fine: the latest return is for FY2023, 3 tax years back; within 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average deficit $3K a year · 3% of revenue · last 4 filings
Concern: a surplus in 1 of the last 4 filings.
990-PF Pt I · 4 filings
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$122K
+1% vs prior year
Spent
$128K
Net assets
$79K
By yearFY2020–FY2023
Revenue
$122K
FY2021▲ +1%
Tap a bar for its year
Revenue by fiscal year
FY2020$120K
FY2021$122K
FY2022$90K
FY2023$33K
Expenses
$128K
FY2021▲ +178%
Tap a bar for its year
Expenses by fiscal year
FY2020$46K
FY2021$128K
FY2022$120K
FY2023$80K
Net assets
$79K
FY2021▼ -8%
Tap a bar for its year
Net assets by fiscal year
FY2020$86K
FY2021$79K
FY2022$49K
FY2023$2K

From the FY2021 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2023) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2023.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 99% · $127K Operating & administrative 1% · $1K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

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Programs and updates

A private foundation based in New York, NY.

Questions for Ic Hessed Foundation

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 101 grants · $80K · 2023–2023
Individual RecipientFY2023$10,000
Individual RecipientFY2023$7,200
Individual RecipientFY2023$6,661
American ExpressFY2023$3,000
Individual RecipientFY2023$2,600
American ExpressFY2023$2,600
The NY SeminaryFY2023$2,520
Individual RecipientFY2023$2,500
Individual RecipientFY2023$2,100
DiscoverAZ · FY2023$1,827
Mattan Basseter INCNY · FY2023$1,800
Individual RecipientFY2023$1,701
Deal Sephardic NetworkFY2023$1,600
Individual RecipientFY2023$1,500
Yad YosefNY · FY2023$1,400
Individual RecipientFY2023$1,180
DiscoverAZ · FY2023$1,167
VariousFY2023$1,064
See all 101 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV21
Average grantPart XV$790
Median grantPart XV$301
Largest grantPart XV$10K
Top cause focusNTEEReligion (10%)

By the numbers

The FY2021 990-PF, line by line.

1The main four
Money in
$122K
Gifts and grants$122K
Money out
$128K
Grants paid$127K
Running costs$1K
Owns and owes
$79K
net assets
Cash and savings$79K
Total assets$79K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$122K
Total revenue$122K
Assets in detailEnd of year
Cash and savings together$79K
Total assets$79K
Liabilities$0
Net assets$79K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2023 Latest $33K$80K−$47K$2K 990 PDF
FY2022 $90K$120K−$30K$49K 990 PDF
FY2021 Viewing $122K$128K−$7K$79K 990 PDF
FY2020 $120K$46K$74K$86K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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