Nonprofit · EIN 81-3520745
HESS PHILANTHROPIC FUND
Tax-exempt · NEW YORK, NY 10019
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2025 | 990-PF | $21,800,580 | $20,834,954 | $965,626 | $239,860,766 | $173,779 | $239,686,987 |
| November 30, 2024 | 990-PF | $32,857,825 | $28,196,148 | $4,661,677 | $239,238,118 | $512,080 | $238,726,038 |
Financial details: 990-PF for the year ended November 30, 2025
Revenue
- Dividends
- $4,712,174
- Interest
- $61,490
- Net gain from sales of assets
- $14,316,394
- Other income
- $2,710,522
Expenses
- Grants and similar amounts paid
- $14,881,927
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $14,881,927
- Excise tax on investment income
- $238,373
Balance sheet and other
- Total assets, start of year
- $239,238,118
- Total assets, end of year
- $239,860,766
- Total liabilities, end of year
- $173,779
- Net assets, end of year
- $239,686,987
- Fair market value of assets
- $352,137,699
- Qualifying distributions
- $14,881,927
- Net investment income
- $20,120,455
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended November 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARLENE HESS C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
| PETER HESS FRIEDLAND C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
| MARGARET HESS CHI C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
990-PF for the year ended November 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARLENE HESS C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
| PETER HESS FRIEDLAND C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
| MARGARET HESS CHI C/O TAG ASSOC 810 SEVENTH AVE 7TH, FL, NEW YORK, NY 10019 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- CO TAG 810 SEVENTH AVE, NEW YORK, NY 10019-0000
- In care of
- % TAG
- Signed the 990-PF
- MARLENE HESS, DIRECTOR
- Phone
- (212) 275-1573
- Return prepared by
- TAG ASSOCIATES LLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | 990-PF on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 81-3520745
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2016
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T90)
- Assets (IRS master file)
- $239,860,766
- Income (IRS master file)
- $24,065,395
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2025 | $21,800,580 | $20,834,954 | $239,860,766 | XML |
| 990-T | November 2025 | – | – | – | IRS |
| 990-PF | November 2024 | $32,857,825 | $28,196,148 | $239,238,118 | XML |
| 990-T | November 2024 | – | – | – | IRS |
| 990-PF | November 2023 | $24,091,549 | $20,335,458 | $234,142,935 | IRS |
| 990-T | November 2023 | – | – | – | IRS |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-T | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-T | November 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about HESS PHILANTHROPIC FUND
- What is the EIN of HESS PHILANTHROPIC FUND?
- The employer identification number (EIN) of HESS PHILANTHROPIC FUND is 81-3520745.
- Is HESS PHILANTHROPIC FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to HESS PHILANTHROPIC FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HESS PHILANTHROPIC FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HESS PHILANTHROPIC FUND due?
- The return for tax year 2025 (the year ending November 30, 2026) is due April 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HESS PHILANTHROPIC FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2025.
- Who are the officers and directors of HESS PHILANTHROPIC FUND?
- The 990-PF for the year ended November 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does HESS PHILANTHROPIC FUND have?
- On its 990-PF for the year ended November 30, 2025 it reported revenue of $21,800,580, expenses of $20,834,954 and total assets of $239,860,766 at year end.
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