HESS FOUNDATION INC: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- HESS FOUNDATION INC (EIN 22-1713046)
- Tax period
- 2016-12-01 to 2017-11-30
- Filed
- 2018-10-13
- IRS object ID
- 201842869349100504
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Dissolution Stmt
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-13T13:24:34-05:00 | ReturnTs |
| Tax Period End | 2017-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 221478099 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COHNREZNICK LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BECKER FARM ROAD | AddressLine1Txt |
| City | ROSELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221713046 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HESS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HESS | BusinessNameControlTxt |
| Phone | 9734037997 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BECKER FARM ROAD | AddressLine1Txt |
| City | ROSELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | john hess | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 9734037997 | PhoneNum |
| Signature | 2018-10-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARTIN PICINICH | PreparerPersonNm |
| PTIN | P00083333 | PTIN |
| Phone | 9732283500 | PhoneNum |
| Preparation | 2018-10-11 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 66.77.76.5 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2018-10-11 | IPDt |
| IP Tm | 17:38:16 | IPTm |
| IP Timezone | ED | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7B2D57E24FF928F34CC26422BB7D172D2D226FE9 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2018-06-14 16:35:46Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $387,617,298 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $32,321,166 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $8,069,548 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $8,068,871 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $21,304,881 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $67,069,954 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $21,304,881 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $398,391 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $480,785 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $62,093,986 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $29,854,537 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $207,374 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $207,374 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $206,108 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $61,833 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $144,275 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $726,561 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $549,639 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $176,922 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $737,002 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $737,002 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $992,788 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $94,350 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $2,700 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,700 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $558,893 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $514,381 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $810 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,431,426 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,220,203 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,269,083 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $33,854,110 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $33,854,110 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $37,285,536 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,220,203 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $35,123,193 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $24,808,450 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $28,634,334 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $155,674,131 | CashBOYAmt |
| Cash EOY | $3,213,565 | CashEOYAmt |
| Cash EOYFMV | $3,213,565 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $15,907,383 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $174,666 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $174,666 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $2,499,850 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $51,228,896 | CorporateStockBOYAmt |
| Corporate Stock EOY | $37,024,326 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $295,464,388 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $88,994,657 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $61,924,846 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $88,764,679 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $314,304,917 | TotalAssetsBOYAmt |
| Total Assets EOY | $102,337,403 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $387,617,298 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Mortgages And Notes Payable EOY | $10,000,000 | MortgagesAndNotesPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,000,000 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $314,304,917 | UnrestrictedBOYAmt |
| Unrestricted EOY | $92,337,403 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $314,304,917 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $92,337,403 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $314,304,917 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $102,337,403 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $314,304,917 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $24,808,450 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $339,113,367 | SubtotalAmt |
| Other Decreases | $246,775,964 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $92,337,403 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| Publicly Traded Securities | $62,271,648 | $44,007,527 | $18,264,121 | $18,264,121 | |||
| Court Square Capital Partners Offshore II, LP | $297,296 | $297,296 | $297,296 | P | 2014-12-01 | 2017-11-30 | |
| GS Capital Partners V Institutional LP | $591,243 | -$591,243 | -$591,243 | P | 2014-12-01 | 2017-11-30 | |
| GS Capital Partners VI Parallel, LP | $39,572 | $39,572 | $39,572 | P | 2014-12-01 | 2017-11-30 | |
| Investable Emerging Markets Country Fund | $751,964 | -$751,964 | -$751,964 | P | 2014-12-01 | 2017-11-30 | |
| KKR North America Fund XI LP | $349,212 | $349,212 | $349,212 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund RX AIV LP | $5,153 | -$5,153 | -$5,153 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund LP | $65,173 | -$65,173 | -$65,173 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund | $7,831 | -$7,831 | -$7,831 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund PDR AIV LP | $20,674 | $20,674 | $20,674 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Captive AIV LP | $222,844 | $222,844 | $222,844 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Summer AIV LP | $13,081 | $13,081 | $13,081 | P | 2014-12-01 | 2017-11-30 | |
| Rockefeller GA Investors 2007 | $597,192 | $597,192 | $597,192 | P | 2014-12-01 | 2017-11-30 | |
| Semper Vic Partners (QP) LP | $195,500 | $195,500 | $195,500 | P | 2014-12-01 | 2017-11-30 | |
| Vontobel: Non-US Equity LLC | $1,138,902 | $1,138,902 | $1,138,902 | P | 2014-12-01 | 2017-11-30 | |
| GSCP VI Parallel AIV LP | $107,497 | $107,497 | $107,497 | P | 2014-12-01 | 2017-11-30 | |
| KKR 2006 FUND LP | $93,468 | $93,468 | $93,468 | P | 2014-12-01 | 2017-11-30 | |
| KKR 2006 FUND (OVERSEAS) | $85,670 | $85,670 | $85,670 | P | 2014-12-01 | 2017-11-30 | |
| KKR ASIAN FUND | $886,905 | $886,905 | $886,905 | P | 2014-12-01 | 2017-11-30 | |
| LEE EQUITY STRATEGIC PARTNERS FUND AIMBRIDGE AIV, L.P. | $36,885 | -$36,885 | -$36,885 | P | 2014-12-01 | 2017-11-30 | |
| HOLOWESKO GLOBAL EQUITY FUND | $299,297 | -$299,297 | -$299,297 | P | 2014-12-01 | 2017-11-30 | |
| KKR REPA AIV-1 | $28,279 | $28,279 | $28,279 | P | 2014-12-01 | 2017-11-30 | |
| KKR REPA AIV-2 Feeder L.P | $198,101 | $198,101 | $198,101 | P | 2014-12-01 | 2017-11-30 | |
| DW CATALYST OFFSHORE FUND | $161,186 | $161,186 | $161,186 | P | 2014-12-01 | 2017-11-30 | |
| KKR North America XI (Indigo) Blocker Parent L.P. | $31,857 | $31,857 | $31,857 | P | 2014-12-01 | 2017-11-30 | |
| Darby Emerging Markets Fund LP | $5,398 | $5,398 | $5,398 | P | 2014-12-01 | 2017-11-30 | |
| Asian Fund (Ireland II) ILP | $177,108 | $177,108 | $177,108 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund Skopos AIV LP | $92,128 | $92,128 | $92,128 | P | 2014-12-01 | 2017-11-30 | |
| Lee Equity Strategic Partners Fund ERC AIV | $39,893 | $39,893 | $39,893 | P | 2014-12-01 | 2017-11-30 | |
| KKR GDG BLOCKER LP | $16,543 | $16,543 | $16,543 | P | 2014-12-01 | 2017-11-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $21,304,881 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $36,828,087 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $661,196,370 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.055699 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $44,117,710 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $740,986,432 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.059539 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $35,309,803 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $870,244,197 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.040575 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $29,717,467 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $719,681,845 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.041293 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $36,650,948 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $590,374,843 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.062081 | DistributionYr5Rt |
| Total Distribution | 0.259187 | TotalDistributionRt |
| Average Distribution | 0.051837 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $437,218,602 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $22,664,101 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $286,343 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $22,950,444 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $35,123,193 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $286,343 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $286,343 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $286,343 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $500,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $500,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $213,657 | OverpaymentAmt |
| Applied To ES Tax | $213,657 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NJ | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | MARTIN PICINICHHESS FOUNDATIONINC | IndividualWithBooksNm |
| Phone | 9734037997 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BECKER FARM ROAD | AddressLine1Txt |
| City | ROSELAND | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07068 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| CONSTANCE WILLIAMSCO HESS FOUNDATN | ||||||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07068 | DIRECTOR, VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| EUGENE WGOODWILLIE JR CO HESS FND | ||||||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07068 | DIRECTOR, TREASURER | 2.00 | $0 | $0 | $0 |
| JOHN HESS CO HESS FOUNDATION | ||||||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07068 | DIRECTOR, PRESIDENT | 5.00 | $0 | $0 | $0 |
| MARLENE HESS CO HESS FOUNDATION | ||||||||
| 4 BECKER FARM ROAD | rOSELAND | NJ | 07068 | DIRECTOR, VP (THROUGH 12/30/16) | 1.00 | $0 | $0 | $0 |
| THOMAS H KEAN CO HESS FOUNDATION | ||||||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07068 | DIRECTOR, SECRETARY | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HESS GROUP LLC | |||||
| 1185 AVENUE OF THE AMERICAS | NEW YORK | NY | 10036 | INV ADV/ADMIN | $442,305 |
| White & Case | |||||
| 1221 Avenue of the Americas | neW YORK | NY | 10020 | legal | $197,695 |
| Cohnreznick llp | |||||
| 4 BECKER FARM ROAD | ROSELAND | NJ | 07068 | ACCOUNTING AND TAX | $179,926 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $443,768,853 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $107,900 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $443,876,753 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $443,876,753 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,658,151 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $437,218,602 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $21,860,930 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $21,860,930 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $286,343 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $28,495 | IncomeTaxAmt |
| Total Tax | $314,838 | TotalTaxAmt |
| Distributable Before Adj | $21,546,092 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $21,546,092 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $21,546,092 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $35,123,193 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $35,123,193 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $286,343 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $34,836,850 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $21,546,092 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $29,100,973 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $35,123,193 | QualifyingDistributionsAmt |
| Applied To Year1 | $29,100,973 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $6,022,220 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $15,523,872 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (160 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ACADEMY OF NATURAL SCIENCES | ||||||
| 1900 Benjamin Franklin Pky | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ACPPA | ||||||
| 506 Haws Avenue | Norristown | PA | 19401 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| AFRICAN AMERICAN MUSEUM IN PHILADELPHIA | ||||||
| 701 Arch St | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ALS ASSOCIATION | ||||||
| 1275 K Street NW | Washington | DC | 20005 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| ALZHEIMER'S ASSOCIATION | ||||||
| 1411 Broadway | New York | NY | 10018 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| AMERICAN IRISH HISTORICAL SOCIETY | ||||||
| 991 Fifth Ave | New York | NY | 10028 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| AMERICAN MUSEUM OF NATURAL HISTORY | ||||||
| Central Park West at 79th St | New York | NY | 10024 | PC | An unrestricted grant to further the donee's exempt purpose. | $35,000 |
| ANTI-DEFAMATION LEAGUE | ||||||
| 605 Third Avenue | New York | NY | 101583560 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ASHOKA | ||||||
| 1700 North Main Street | Arlington | VA | 22209 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| ASPCA | ||||||
| PO Box 96929 | Washington | DC | 200906929 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ASSOCIATION FOR PUBLIC ART | ||||||
| 1528 Walnut Street Suite 1000 | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| ATLANTIC GOLF CLUB EDUCATIONAL FUND INC | ||||||
| 425 Lexington Ave | New York | NY | 10017 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| AUTISM SPEAKS | ||||||
| 1 East 33rd St 4th Fl | New York | NY | 08540 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| BAKER INDUSTRIES | ||||||
| 184 Pennsylvania Ave | Malvern | PA | 19355 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BARNARD COLLEGE | ||||||
| 3009 Broadway | New York | NY | 10027 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| BARNES FOUNDATION | ||||||
| 2025 Benjamin Franklin Pky | Philadelphia | PA | 19130 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| BARTRAM'S GARDEN | ||||||
| 54th St Lindbergh Blvd | Philadelphia | PA | 19143 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BATES COLLEGE | ||||||
| 2 Andrews Road | Lewiston | ME | 042406028 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BETH DAVID REFORM CONGREGATION | ||||||
| 1130 Vaughan Lane | Gladwyne | PA | 19135 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BETH DAVID REFORM SYNAGOGUE | ||||||
| 1130 Vaughan Lane | Gladwyne | PA | 19135 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| BIRTHDAY WISHES | ||||||
| PO Box 590645 | Newton Centre | ME | 02459 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BLOOMFIELD COLLEGE | ||||||
| 68 Oakland Avenue | Bloomfield | NJ | 07003 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| BLUE BARN FARM | ||||||
| 29 Scotland Street | Hingham | MA | 02043 | PC | An unrestricted grant to further the donee's exempt purpose. | $2,000 |
| BOSTON CHILDREN'S HOSPITAL TRUST | ||||||
| 300 Longwood Avenue | Boston | MA | 02115 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| BOYS' LATIN OF PHILACHARTER SCHOOL | ||||||
| 5501 Cedar Avenue | Philadelphia | PA | 19143 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BRADY CENTER TO PREVENT GUN VIOLENCE | ||||||
| 840 First Street NE NO 400 | Washington | DC | 20002 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BREARLEY SCHOOL | ||||||
| 610 East 83rd Street | New York | NY | 10028 | PC | An unrestricted grant to further the donee's exempt purpose. | $20,000 |
| BRIGHAM AND WOMEN'S HOSPITAL | ||||||
| 116 Huntington Ave 5th Floor | Boston | ME | 02116 | PC | An unrestricted grant to further the donee's exempt purpose. | $132,000 |
| BROADWAY DREAMS | ||||||
| 8965 Brockham Way | Alpharetta | GA | 30022 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| BROWN UNIVERSITY | ||||||
| PO Box 1980 | Providence | RI | 02912 | PC | An unrestricted grant to further the donee's exempt purpose. | $20,000 |
| BUCKLEY SCHOOL | ||||||
| 113 East 73rd Street | New York | NY | 10021 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| CARON FOUNDATION | ||||||
| 244 East 55th Street | New York | NY | 10022 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| CEASEFIRE PENNSYLVANIA EDUCATION FUND | ||||||
| 1518 Walnut St Suite 1406 | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| CEDARS-SINAI MEDICAL CENTER | ||||||
| 8700 beverly Blvd | Los Angeles | CA | 90048 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| CENTER FOR REPRODUCTIVE RIGHTS | ||||||
| 120 Wall Street 14th Floor | New York | NY | 10005 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| CENTER FOR STRATEGIC & INT'L STUDIES | ||||||
| 1616 Rhode island Ave NW | Washington | DC | 20036 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000,000 |
| CHILDREN'S NATIONAL MEDICAL CENTER | ||||||
| 111 Michigan Avenue NW | Washington | DC | 20010 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| COLLEGE OF PHYSICIANS | ||||||
| 195 22nd Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000,000 |
| COLLEGE OF PHYSICIANS OF PHILADELPHIA | ||||||
| 19 S 22nd Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $20,000 |
| COLUMBIA UNIVERSITY - MAILMAN SCHOOL | ||||||
| 722 West 168th Street 14th Fl | New York | NY | 10032 | PC | An unrestricted grant to further the donee's exempt purpose. | $11,000 |
| CONGREGATION EMANU-EL | ||||||
| 1 East 65th Street | New York | NY | 10065 | PC | An unrestricted grant to further the donee's exempt purpose. | $15,860 |
| DEERFIELD ACADEMY | ||||||
| PO Box 306 | Deerfield | MA | 01342 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,500,000 |
| DIA ART FOUNDATION | ||||||
| 535 West 22nd St 4th Fl | New York | NY | 10011 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| DOUBLE EDGE THEATRE | ||||||
| 948 Conway Road | Ashfield | MA | 013309772 | PC | An unrestricted grant to further the donee's exempt purpose. | $108,000 |
| EDUCATION LAW CENTER | ||||||
| 1315 Walnut Street | Philadelphia | PA | 19107 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| EPISCOPAL ACADEMY | ||||||
| 1785 Bishop White Drive | Newtown Square | PA | 19073 | PC | An unrestricted grant to further the donee's exempt purpose. | $20,000 |
| EVERYTOWN FOR GUN SAFETY SUPPORT FUND | ||||||
| PO Box 4184 | New York | NY | 10163 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| FDN FOR ARTS & PRESERVATION IN EMBASSIES | ||||||
| 1725 I Street NW 300 | Washington | DC | 20006 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| FEDERATION EARLY LEARNING SERVICES | ||||||
| 10700 Jamison Avenue | Philadelphia | PA | 19116 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| FILM SOCIETY OF LINCOLN CENTER INC | ||||||
| 165 West 65th Street | New York | NY | 10023 | PC | An unrestricted grant to further the donee's exempt purpose. | $60,000 |
| FORD'S THEATRE SOCIETY | ||||||
| 514 Tenth Street NW | Washington | DC | 20004 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| FRANKLIN INSTITUTE | ||||||
| 222 North 20th Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| FREE LIBRARY OF PHILADELPHIA | ||||||
| 1901 Vine Street Suite 111 | Philadelphia | PA | 191031189 | PC | An unrestricted grant to further the donee's exempt purpose. | $500,000 |
| FRIENDS OF BATES ATHLETICS | ||||||
| 2 Andrews Road | Lewiston | ME | 042406028 | PC | An unrestricted grant to further the donee's exempt purpose. | $2,000 |
| FRIENDS OF HOLLY HILL FARM | ||||||
| 236 Jerusalem Road | Cohasset | MA | 02025 | PC | An unrestricted grant to further the donee's exempt purpose. | $2,000 |
| FRIENDS EHN | ||||||
| 5501 Old York Road | Philadelphia | PA | 19141 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,750 |
| FUND FOR THE SCHOOL DISTRICT OF PHILADELPHIA | ||||||
| 30 South 17th Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| GLOBAL DEVELOPMENT INCUBATOR INC | ||||||
| 99 Madison Avenue | New York | NY | 10016 | PC | An unrestricted grant to further the donee's exempt purpose. | $150,000 |
| GREATER PHILADELPHIA CULTURAL ALLIANCE | ||||||
| 1315 Walnut St 732 | Philadelphia | PA | 19107 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| GREENLIGHT FUND | ||||||
| 1501 Cherry Street | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| HAITI CARDIAC ALLIANCE | ||||||
| 47 Maple St Suite 220 | Burlington | VT | 054014956 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| HARLEM CHILDREN'S ZONE INC | ||||||
| 35 East 62nd Street | New York | NY | 10065 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| HARVARD BUSINESS SCHOOL | ||||||
| 124 Mount Auburn Street | Cambridge | MA | 021385762 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,100,000 |
| HARVARD COLLEGE FUND | ||||||
| 124 Mount Auburn Street | Cambridge | MA | 021385762 | PC | An unrestricted grant to further the donee's exempt purpose. | $120,000 |
| HARVARD LAMPOON TRUST | ||||||
| 200 Lincoln Street No 201 | Boston | MA | 02111 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| HARVARD MEDICAL SCHOOL | ||||||
| 124 Mount Auburn Street | Cambridge | MA | 021385762 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| HISTIOCYTOSIS ASSOCIATION OF AMERICA | ||||||
| 332 North Broadway | Pitman | NJ | 08071 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| HOPE LODGE HOUSTON AMERICAN CANCER SOCIETY | ||||||
| 2500 Fondren Road Suite 100 | Houston | TX | 77063 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| ICAHN SCHOOL OF MEDICINE | ||||||
| 1428 Madison Ave | New York | NY | 10029 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| INNER-CITY SCHOLARSHIP FUND | ||||||
| 1011 First Avenue Suite 1800 | New York | NY | 10022 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| INSTITUTE FOR SPORTS MEDICINE RESEARCH | ||||||
| 57 E 57th Street No 15A | New York | NY | 10022 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| INTERFAITH CTR OF GREATER PHILADELPHIA | ||||||
| 100 WOxford Street E-1300 | Philadelphia | PA | 19122 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| JAZZ AT LINCOLN CENTER | ||||||
| 3 Columbus Circle | New York | NY | 10023 | PC | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| JEWISH FAMILY & CHILDREN'S SERVICES | ||||||
| 2100 Arch Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| JEWISH FEDERATION OF GREATER PHILA | ||||||
| 2100 Arch Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| JULES STEIN EYE INSTITUTE | ||||||
| University of CA | Los Angeles | CA | 900951784 | PC | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| KIDS OFF THE BLOCK | ||||||
| 11627 S Michigan Avenue | Chicago | IL | 60628 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| KIMMEL CENTER INC | ||||||
| 1500 Walnut Street 17th Fl | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| KINGS ACADEMY | ||||||
| 245 Park Avenue 39th Floor | New York | NY | 10167 | PC | An unrestricted grant to further the donee's exempt purpose. | $600,000 |
| KINGSBRIDGE HEIGHTS COMMUNITY CENTER INC | ||||||
| 3101 Kingsbridge Terrace | Bronx | NY | 10463 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| LINCOLN CENTER CORPORATE FUND | ||||||
| 70 Lincoln Center Plaza | New York | NY | 10023 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| LINCOLN CTR FOR THE PERFORMING ARTS | ||||||
| 70 Lincoln Center Plaza | New York | NY | 10023 | PC | An unrestricted grant to further the donee's exempt purpose. | $450,000 |
| LOWER MERION CONSERVANCY | ||||||
| 73 East Lancaster Avenue | Ardmore | PA | 19003 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| LYFORD CAY FOUNDATION INC | ||||||
| 521 Fifth Avenue 10th Floor | New York | NY | 10175 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| MAGEE REHABILITATION HOSPITAL | ||||||
| 1513 Race Street | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| MAKE-A-WISH FOUNDATION OF AMERICA | ||||||
| 126 Southwest Freeway | Stafford | TX | 77477 | PC | An unrestricted grant to further the donee's exempt purpose. | $70,000 |
| MANHATTAN THEATER CLUB | ||||||
| 311 West 43rd Street | New York | NY | 10036 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| MATERNITY CARE COALITION | ||||||
| 200 Hamilton Street | Philadelphia | PA | 19130 | PC | An unrestricted grant to further the donee's exempt purpose. | $105,000 |
| MCCAIN INSTITUTE FOR INTERNATIONAL LEADERSHIP | ||||||
| PO Box 2260 | Tempe | AZ | 852802260 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| MEDICAL MISSIONS FOR CHILDREN INC | ||||||
| 10-G Roessler Road Suite 500 | Woburn | MA | 01801 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| MERCY CORPS | ||||||
| 45 SW Ankeny Street | Portland | OR | 97204 | PC | An unrestricted grant to further the donee's exempt purpose. | $55,000 |
| METROPOLITAN MUSEUM OF ART | ||||||
| 1000 Fifth Avenue | New York | NY | 10028 | PC | An unrestricted grant to further the donee's exempt purpose. | $60,000 |
| METROPOLITAN OPERA | ||||||
| 70 Lincoln Center Plaza | New York | NY | 10023 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| MIDDLEBURY COLLEGE | ||||||
| 14 Old Chapel Road | Middlebury | VT | 05753 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| MOORE COLLEGE OF ART AND DESIGN | ||||||
| 20th Street the Parkway | Philadelphia | PA | 191031179 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| MT SINAI MEDICAL CENTER | ||||||
| One Gustave LLevy PlBox 1220 | New York | NY | 10029 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000,000 |
| MUSEUM OF MODERN ART | ||||||
| 11 West 53rd Street | New York | NY | 10019 | PC | An unrestricted grant to further the donee's exempt purpose. | $127,500 |
| MUSEUM OF THE AMERICAN REVOLUTION | ||||||
| 123 Chestnut St Suite 401 | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| NATIONAL CONSTITUTION CENTER | ||||||
| Independence Mall-525 Arch St | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| NAT'L MUSEUM OF AMERJEWISH HISTORY | ||||||
| 55 North 5gth Street | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| NEW LEASH ON LIFE USA | ||||||
| PO Box 326 | Narberth | PA | 19072 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| NOBLE & GREENOUGH SCHOOL | ||||||
| 10 Campus Drive | Dedham | MA | 02026 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| NTI | ||||||
| 1747 Pennsylvania Ave NW | Washington | DC | 20006 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| NY TIMES NEEDIEST CASES FUND | ||||||
| PO Box 5193 | New York | NY | 10087 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,950 |
| OLD COLONY MONTESSORI SCHOOL | ||||||
| 247 Gardner Street | Hingham | MA | 02043 | PC | An unrestricted grant to further the donee's exempt purpose. | $6,000 |
| PARK AVENUE SYNAGOGUE | ||||||
| 50 East 87th Street | New York | NY | 10128 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,150,000 |
| PENNSYLVANIA ACADEMY OF THE FINE ARTS | ||||||
| 128 North Broad Street | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| PENNSYLVANIA HORTICULTURAL SOCIETY | ||||||
| 100 N20th St 5th Floor | Philadelphia | PA | 191031495 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| PHILABUNDANCE | ||||||
| 3616 South Galloway Street | Philadelphia | PA | 19148 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| PHILADELPHIA CITY ROWING | ||||||
| 450 Plymouth Road | Philadelphia | PA | 19462 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| PHILADELPHIA MURAL ARTS PROGRAM | ||||||
| 1727 Mt Vernon Street | Philadelphia | PA | 19130 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| PHILADELPHIA MUSEUM OF ART | ||||||
| Perelman Building-PO Box 7646 | Philadelphia | PA | 191017646 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,095,000 |
| PHILADELPHIA ORCHESTRA | ||||||
| One South Broad Street | Philadelphia | PA | 19107 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000,000 |
| PHILADELPHIA SCHOOL PARTNERSHIP | ||||||
| 150 S Independence Mall W No 1200 | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| PHILADELPHIA ZOO | ||||||
| 3400 W Girard Avenue | Philadelphia | PA | 19104 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| PHILLIPS COLLECTION | ||||||
| 1600 21st Street NW | Washington | DC | 20009 | PC | An unrestricted grant to further the donee's exempt purpose. | $35,000 |
| PHILLY FIGHTS CANCER | ||||||
| 1086 Penllyn Blue | Blue Bell | PA | 19422 | PC | An unrestricted grant to further the donee's exempt purpose. | $55,000 |
| PLANNED PARENTHOOD OF SE PA | ||||||
| 114 Locust Street | Philadelphia | PA | 19107 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| PLAY ON PHILLY | ||||||
| PO Box 8662 | Philadelphia | PA | 19101 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| PLEASE TOUCH MUSEUM | ||||||
| 4231 Avenue of the Republic | Philadelphia | PA | 19131 | PC | An unrestricted grant to further the donee's exempt purpose. | $200,000 |
| PRINCETON UNIVERSITY | ||||||
| PO Box 5357 | Princeton | NJ | 085435357 | PC | An unrestricted grant to further the donee's exempt purpose. | $121,000 |
| PROJECT CHIMPS | ||||||
| PO Box 2140 | Blue Ridge | GA | 30513 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| PROJECT HOME | ||||||
| 1515 Fairmount Avenue | Philadelphia | PA | 191302996 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| PUBLIC CITIZENS FOR CHILDREN & YOUTH | ||||||
| 1709 Benjamin Franklin Pky 6th Fl | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ROCKEFELLER UNIVERSITY | ||||||
| 1230 York Avenue | New York | NY | 10065 | PC | An unrestricted grant to further the donee's exempt purpose. | $2,010,000 |
| RONALD MCDONALD HOUSE OF NEW YORK | ||||||
| 405 East 73rd Street | New York | NY | 10021 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| RUTGERS UNIVERSITY FOUNDATION-CAWP | ||||||
| 7 College Avenue | New Brunswick | NJ | 08901 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| RYAN'S CASE FOR SMILES | ||||||
| 295 Swedesford Road 396 | Wayne | PA | 19087 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| SALVATION ARMY | ||||||
| 701 N Broad Street | Philadelphia | PA | 19123 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| SAMARITANS OF NEW YORK | ||||||
| PO Box 1259 Madison Square Station | New York | NY | 10159 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| SOCIETY FOR MEDICAL DECISION MAKING | ||||||
| 390 Amwell Rd Suite 403 | Hillsborough | NJ | 08844 | PC | An unrestricted grant to further the donee's exempt purpose. | $75,000 |
| SOCIETY OF GENERAL INTERNAL MEDICINE | ||||||
| 1500 King Street Ste 303 | Alexandria | VA | 22314 | PC | An unrestricted grant to further the donee's exempt purpose. | $75,000 |
| SOUTH SHORE NATURAL SCIENCE CENTER | ||||||
| 48 Jacobs Lane | Norwell | MA | 02061 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000 |
| SOUTHERN POVERTY LAW CENTER INC | ||||||
| PO Box 548 | Montgomery | AL | 36104 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| SPONSORS FOR EDUCATIONAL OPPORTUNITY | ||||||
| 55 Exchange Place Suite 601 | New york | NY | 10005 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| ST MARY'S COLLEGE OF MARYLAND | ||||||
| 18952 E Fisher Road | St Marys City | MD | 20686 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000 |
| STEPPINGSTONE FOUNDATION | ||||||
| 1 Appleton Street | Boston | MA | 02116 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| STEPPINGSTONE SCHOLARS INC | ||||||
| 1301 Cecil B Moore Avenue | Philadelphia | PA | 19122 | PC | An unrestricted grant to further the donee's exempt purpose. | $375,000 |
| SUPPORT CENTER FOR CHILD ADVOCATES | ||||||
| 1900 Cherry Street | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $15,000 |
| SYNERGOS INSTITUTE | ||||||
| 3 East 54th Street | New York | NY | 10022 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,050 |
| TEACH FOR AMERICA | ||||||
| 1714 Memphis Street Suite C1 | Philadelphia | PA | 19125 | PC | An unrestricted grant to further the donee's exempt purpose. | $25,000 |
| TEAM RUBICON | ||||||
| 6171 W Century Blvd Suite 310 | Los Angeles | CA | 90045 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| THE BARNES FOUNDATION | ||||||
| 2025 Benjamin Franklin Pky | Philadelphia | PA | 19130 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| THE STUDIO MUSEUM IN HARLEM | ||||||
| 144 West 125th Street | New York | NY | 10027 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| THEATRE HORIZON | ||||||
| 401 DeKalb Street | Norristown | PA | 19401 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| TRUSTEES OF THE UNIVERSITY OF PA | ||||||
| 3451 Walnut St/433 Franklin Bldg | Philadelphia | PA | 191046205 | PC | An unrestricted grant to further the donee's exempt purpose. | $135,000 |
| TRUSTEES - WEIR RIVER | ||||||
| 572 Essex Street | Beverly | MA | 01915 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000 |
| UNITED WAY OF GREATER HOUSTON | ||||||
| 50 Waugh Drive | Houston | TX | 77007 | PC | An unrestricted grant to further the donee's exempt purpose. | $250,000 |
| UNITED WAY OF SOUTHEASTERN PA | ||||||
| 1709 Benjamin Franklin Pky | Philadelphia | PA | 19103 | PC | An unrestricted grant to further the donee's exempt purpose. | $15,000 |
| UNIVERSITY OF PENNSYLVANIA | ||||||
| 2929 Walnut Street Suite 300 | Philadelphia | PA | 191045099 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000,000 |
| USA FOR UNHCR | ||||||
| 1775 K Street NW NO 580 | Washington | DC | 20006 | PC | An unrestricted grant to further the donee's exempt purpose. | $50,000 |
| USTA NATIONAL TENNIS CENTER INC | ||||||
| Flushing Meadow-Corona Park | Flushing | NY | 11368 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,025,000 |
| VOLUNTEER MEDICAL SERVICE CORP OF LMN | ||||||
| 101 Sibley Avenue | Ardmore | PA | 19003 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| WHITNEY MUSEUM | ||||||
| 99 Gansevoort Street | New York | NY | 10014 | PC | An unrestricted grant to further the donee's exempt purpose. | $1,000,000 |
| WHITNEY MUSEUM OF AMERICAN ART | ||||||
| 945 Madison Avenue | New York | NY | 10021 | PC | An unrestricted grant to further the donee's exempt purpose. | $100,000 |
| WHYY | ||||||
| 150 North Sixth Street | Philadelphia | PA | 19106 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| WISTAR INSTITUTE | ||||||
| 3601 Spruce Street | Philadelphia | PA | 19104 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| WOMEN'S MEDICAL FUND | ||||||
| PO Box 248 | Madison | WI | 53701 | PC | An unrestricted grant to further the donee's exempt purpose. | $10,000 |
| WXPN | ||||||
| PO Box 8419 | Philadelphia | PA | 191017646 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| YOUTH WORK FOUNDATION | ||||||
| 140 South Broad St | Philadelphia | PA | 19102 | PC | An unrestricted grant to further the donee's exempt purpose. | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $33,854,110 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $677 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,068,871 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $480,785 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $266,263 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $21,038,618 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (10 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|
| GS Capital Partners VI Parallel, LP | 523000 | $34 |
| Lee Equity Strategic Partners Fund LP | 523000 | -$539 |
| Lee Equity Strategic Partners Fund Skopos AIV LP | 523000 | -$9,721 |
| Lee Equity Strategic Partners Captive AIV LP | 523000 | $3,439 |
| Lee Equity Strategic Partners Summer AIV LP | 523000 | -$325 |
| LEE EQUITY STRATEGIC PARTNERS FUND AIMBRIDGE AIV, L.P. | 523000 | -$277 |
| KKR REPA AIV-1 | 523000 | $5,929 |
| KKR REPA AIV-2 Feeder L.P | 523000 | -$43,762 |
| KKR REPA AIV-3 Feeder L.P | 523000 | -$37,357 |
| LEE EQUITY STRATEGIC PARTNERS FUND | 523000 | $185 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $184,546 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $29,588,274 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $29,772,820 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LEON HESS 25-YEAR CHARITABLE LEAD ANNUITY TRUST | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1185 AVENUE OF THE AMERICAS | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $32,321,166 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| cohnreznick llp | $179,926 | $53,978 | $125,948 |
| sheehan and Co. | $26,182 | $7,855 | $18,327 |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HESS PHILANTHROPIC FUND | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O TAG ASSOCIATES 810 SEVENTH AVE | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | SEE EXPLANATION PROVIDED IN STATEMENTS 14 AND 18 | ShortExplanationTxt |
| Dissolution | $246,775,965 | DissolutionAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|
| Hess Philanthropic Fund | |||||||||
| c/o TAG Associates 810 Seventh | Avenue 7th Floor | new york | NY | 10019 | 2016-12-31 | $10,535,373 | Endowment | To our knowledge, the grantee has not diverted any portion of the funds | The grantee will submit financial and narrative reports as required under the Distribution Agreement between the Foundation and the grantee dated December 30, 2016. |
| hess Philanthropic Fund | |||||||||
| c/o TAG Associates 810 Seventh | Avenue 7th Floor | new york | NY | 10019 | 2017-12-31 | $235,006,430 | endowment | to our knowledge, the grantee has not diverted any portion of the funds | The grantee will submit financial and narrative reports as required under the Distribution Agreement between the Foundation and the grantee dated December 30, 2016. |
| hess Philanthropic Fund | |||||||||
| c/o TAG Associates 810 Seventh | Avenue 7th Floor | new york | NY | 10019 | 2017-01-19 | $1,041,359 | endowment | to our knowledge, the grantee has not diverted any portion of the funds | The grantee will submit financial and narrative reports as required under the Distribution Agreement between the Foundation and the grantee dated December 30, 2016. |
| hess Philanthropic Fund | |||||||||
| c/o TAG Associates 810 Seventh | Avenue 7th Floor | new york | NY | 10019 | 2017-10-06 | $192,803 | endowment | to our knowledge, the grantee has not diverted any portion of the funds | The grantee will submit financial and narrative reports as required under the Distribution Agreement between the Foundation and the grantee dated December 30, 2016. |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt | IdentifierIdentifierTxt |
|---|---|---|
| FORM 990-PF, PART VII-A, LINE 10: | HESS FOUNDATION, INC. YEAR ENDED NOVEMBER 30,2017 FORM 990-PF, PART VII-A, LINE 10: CONTRIBUTIONS RECEIVED THE LEON HESS 25-YEAR CHARITABLE LEAD ANNUITY TRUST 1185 AVENUE OF THE AMERICAS NEW YORK, NY 10036 CASH CONTRIBUTIONS 11/30/17 WHILE THE AMOUNTS RECEIVED FROM THE HESS 25-YEAR CHARITABLE LEAD ANNUITY TRUST WERE IN EXCESS OF THE AMOUNTS SPECIFIED IN SECTION 507 (D) (2) (A) OF THE CODE, IT IS NOT CLEAR THAT SUCH TRUST IS A SUBSTANTIAL CONTRIBUTOR, AS DEFINED IN THE CODE, SINCE THE PAYMENTS WERE MADE PURSUANT TO THE WILL OF LEON HESS, DECEASED WHO WAS SUBSTANTIAL CONTRIBUTOR. | |
| FORM 990-PF, PART VII-B, LINE 1A(4): | THE HESS GROUP, INC., A DISQUALIFIED PERSON WITH RESPECT TO THE FOUNDATION, RECEIVED COMPENSATION FROM THE FOUNDATION THE YEAR ENDED NOVEMBER 30, 2017 FOR PROFESSIONAL SERVICES RENDERED TO THE FOUNDATION. BECAUSE THE COMPENSATION WAS REASONABLE, IT MEETS THE REQUIREMENTS FOR THE EXCEPTION TO SELF-DEALING UNDER THE REGULATIONS OF INTERNAL REVENUE CODE SECTION 4941. | |
| Part III, Line 5 and Part VII-A, Line 5: | During the Foundation's fiscal year ended November 30, 2017 there was a substantial contraction, as defined in Regulations Sec. 1.6043-3(d), of Hess Foundation, Inc. The substantial contraction occurred as a result of the distribution during the tax year of more than 25% of the fair market value of the net assets of Hess Foundation, Inc. at the beginning of the tax year.The distributions were not due to any plan of liquidation, dissolution or termination, and are not part of a series of related dispositions made during prior tax years. The primary distribution of assets was made to Hess Philanthropic Fund, as reported on Part III, Line 5, in connection with the division of the Foundation. During 2016, the Members and Directors of the Foundation determined that it was in the best interests of the Foundation to divide the Foundation by granting one-third of the Foundation's assets to a new private foundation to be established and administered by one of the Foundation's Members. The Internal Revenue Service granted the new foundation, Hess Philanthropic Fund (the "Fund"), tax-exempt status as a private foundation, and the date on which the Foundation's assets would be valued for purposes of the division was determined to be December 31, 2016 (the "Valuation Date"). Pursuant to the terms of a Distribution Agreement between the Foundation and the Fund dated December 30, 2016, the Foundation is to distributed to the Fund a grant equal to one third of its assets by value, based on values as of the Valuation Date, after subtracting any undistributed portion of the Foundation's distributable amount required to be paid during the fiscal year in which the division occurs.A schedule listing the names of all other recipients of assets is shown in Part XV, Line 3a. | Statement Regarding Substantial Contraction: |
| Part III, Line 5 and Part VII-B, Line 5C: | (I) NAME AND ADDRESS OF THE GRANTEEHESS PHILANTHROPIC FUNDMARLENE HESS, PRESIDENTC/O TAG ASSOCIATES810 SEVENTH AVENUE, 7TH FLOORNEW YORK, NEW YORK 10019(II) DATE AND AMOUNT OF GRANT DECEMBER 30, 2016 $ 10,535,373.00 JANUARY 13, 2017 $ 235,006,430.00 JANUARY 19, 2017 $ 1,041,359.00 OCTOBER 6, 2017 $ 192,803.00 ______________________ $ 246,775,965.00(III) PURPOSE OF GRANTENDOWMENT(IV) AMOUNT EXPENDEDNOT YET KNOWN(V) DIVERSIONTO OUR KNOWLEDGE, THE GRANTEE HAS NOT DIVERTED ANY PORTION OF THE FUNDS(VI) REPORTSTHE GRANTEE WILL SUBMIT FINANCIAL AND NARRATIVE REPORTS AS REQUIRED UNDER THE DISTRIBUTION AGREEMENT BETWEEN THE FOUNDATION AND THE GRANTEE DATED DECEMBER 30, 2016. | Pursuant to Regulation Section 53.4945-5(d)) |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GS DELAWARE LARGE CAP GROWTH | $0 | $0 |
| HESS CORPORATION | $37,024,326 | $295,324,100 |
| GS DONALD SMITH | $0 | $140,288 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $0 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (44 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| Anchorage Capital | FMV | $2,100,000 | $2,571,313 |
| Canyon Value | FMV | $1,620,349 | $2,057,637 |
| Coatue Hybrid Offshore | FMV | $485,874 | $2,123,099 |
| coatue kona II | FMV | $319,807 | $324,782 |
| Coatue PE Fund II | FMV | $1,993,583 | $2,765,410 |
| COURT SQUARE CAPITAL | FMV | $2,176,198 | $1,365,922 |
| DARBY BBVA | FMV | $2,000,693 | $1,446,205 |
| Darby Emerging Markets | FMV | $1,490,034 | $37,653 |
| DAVIDSON KEMNPER | FMV | $2,000,000 | $2,049,170 |
| Delaware Large Cap Growth | FMV | $0 | $0 |
| DRT Investors | FMV | $1,089,792 | $1,121,027 |
| DW Catalyst Offshore Fund | FMV | $0 | $0 |
| EDGEWOOD GROWTH FUND | FMV | $3,000,000 | $3,620,731 |
| Emerging Sovereign | FMV | $0 | $0 |
| Global Long Short Partners | FMV | $0 | $379,406 |
| GQG PARTNERS | FMV | $1,500,000 | $1,753,292 |
| GS CAPITAL PARTNERS VI | FMV | $749,430 | $1,119,152 |
| GS FIXED T ROWE PRICE | FMV | $0 | $0 |
| GS MEZZANINE PARTNERS | FMV | $96,535 | $113,425 |
| GS SELECT FUND | FMV | $3,203,637 | $0 |
| GS VINTAGE FUND VINTAGE FUND VI | FMV | $682,065 | $1,637,094 |
| HESS MIDSTREAM PARTNERS | FMV | $2,193,138 | $2,068,020 |
| KKR 2006 FUND | FMV | $770,237 | $1,186,561 |
| KKR ASIAN FUND | FMV | $2,858,268 | $785,008 |
| KKR Asian FUND II | FMV | $2,417,412 | $3,992,245 |
| KKR European Fund | FMV | $2,011,517 | $2,546,209 |
| KKR North American Fund | FMV | $1,894,847 | $4,503,618 |
| KKR RE PARTNERS | FMV | $1,161,889 | $1,666,470 |
| LEE EQUITY STRATEGIC PARTNERS | FMV | $1,680,852 | $21,478 |
| MW Eureka | FMV | $2,800,000 | $4,881,327 |
| NEWPORT ASIA | FMV | $0 | $2,137,823 |
| Oaktree Value | FMV | $4,000,000 | $5,395,848 |
| RENAISSANCE INSTITUTIONAL | FMV | $2,000,000 | $2,186,937 |
| ROCKEFELLER GA INVESTORS LP | FMV | $2,747,566 | $2,441,050 |
| SEMPER VIC PARTNERS | FMV | $1,799,187 | $8,060,982 |
| Spinnaker GSS | FMV | $70,709 | $285,208 |
| Uber Technologies | AT COST | $3,999,975 | $3,999,975 |
| WELLINGTON | FMV | $4,209,588 | $3,424,751 |
| WEST ST CAPITAL VI | FMV | $801,664 | $769,840 |
| GS WHITEHALL | FMV | $0 | $21,858 |
| EATON PARK OVERSEAS FUND | FMV | $0 | $459,731 |
| GS CAPITAL PARTNERS V | FMV | $0 | $290,244 |
| GS VINTAGE FUND VINTAGE FUND LP | FMV | $0 | $654,613 |
| HOLOWESKO GLOBAL EQUITY | FMV | $0 | $12,499,565 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | See explanation provided in Statements 14 and 18 | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp (2 entries)
| CategoryCategoryTxt | Legal FeesLegalFeesAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| WHITE & CASE LLP | $197,695 | $0 | $197,695 |
| Linklaters, LLP | $9,679 | $0 | $9,679 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SEE STATEMENTS 14 AND 18 | Desc |
| Amt | $246,775,964 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $810 | $0 | $810 |
| Expenses from K-1 Passthrough | $558,083 | $514,381 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (34 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| Court Square Capital Partners Offshore II, LP | $32,668 | $32,668 | $32,668 |
| GS Capital Partners V Institutional LP | -$13,393 | -$13,393 | -$13,393 |
| GS Capital Partners VI Parallel, LP | $309,988 | $309,988 | $309,988 |
| Investable Emerging Markets Country Fund | -$11,947 | -$11,947 | -$11,947 |
| Asian Fund (Ireland II) ILP | -$13,020 | -$13,020 | -$13,020 |
| KKR North America Fund XI LP | -$1,602 | -$1,602 | -$1,602 |
| LEE EQUITY STRATEGIC PARTNERS FUND | -$3,127 | -$3,127 | -$3,127 |
| Lee Equity Strategic Partners Captive AIV LP | $2,808 | $2,808 | $2,808 |
| Lee Equity Strategic Partners Summer AIV LP | $1,683 | $1,683 | $1,683 |
| Rockefeller GA Investors 2007 | $705 | $705 | $705 |
| Vontobel: Non-US Equity LLC | $51,137 | $51,137 | $51,137 |
| Semper Vic Partners (QP) LP | $3,226 | $3,226 | $3,226 |
| GSCP V Institutional AIV LP | $1 | $1 | $1 |
| KKR 2006 FUND LP | $5,013 | $5,013 | $5,013 |
| KKR 2006 FUND (OVERSEAS) | $1,755 | $1,755 | $1,755 |
| KKR ASIAN FUND | $22,412 | $22,412 | $22,412 |
| Darby Latin American Private Equity Fund | -$147 | -$147 | -$147 |
| LEE EQUITY STRATEGIC PARTNERS FUND AIMBRIDGE AIV, L.P. | -$258 | -$258 | -$258 |
| HOLOWESKO GLOBAL EQUITY FUND | -$37,854 | -$37,854 | -$37,854 |
| KKR REPA AIV-1 | $27,115 | $27,115 | $27,115 |
| KKR REPA AIV-2 Feeder L.P | -$2,971 | -$2,971 | -$2,971 |
| KKR REPA AIV-3 Feeder L.P | -$3,177 | -$3,177 | -$3,177 |
| KKR European Fund IV LP | $76,847 | $76,847 | $76,847 |
| DW CATALYST OFFSHORE FUND | $32,923 | $32,923 | $32,923 |
| GS Capital Partners VI Parallel, LP | $34 | $34 | |
| Lee Equity Strategic Partners Fund LP | -$539 | -$539 | |
| Lee Equity Strategic Partners Fund Skopos AIV LP | -$9,721 | -$9,721 | |
| Lee Equity Strategic Partners Captive AIV LP | $3,439 | $3,439 | |
| Lee Equity Strategic Partners Summer AIV LP | -$325 | -$325 | |
| LEE EQUITY STRATEGIC PARTNERS FUND AIMBRIDGE AIV, L.P. | -$277 | -$277 | |
| KKR REPA AIV-1 | $5,929 | $5,929 | |
| KKR REPA AIV-2 Feeder L.P | -$43,762 | -$43,762 | |
| KKR REPA AIV-3 Feeder L.P | -$37,357 | -$37,357 | |
| LEE EQUITY STRATEGIC PARTNERS FUND | $185 | $185 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| HESS GROUP | $442,305 | $265,383 | $176,922 |
| goldman sachs | $127,715 | $127,715 | $0 |
| monticello associates, incorporated | $150,000 | $150,000 | $0 |
| wilmington trust | $6,541 | $6,541 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| foreign taxes withheld | $94,360 | $94,350 | $0 |
| Federal Unrelated Business tax | $585,599 | $0 | $0 |
| State Unrelated Business Taxes | $41,611 | $0 | $0 |
| excise taxes | $271,218 | $0 | $0 |