GrantmakersNew York

Hedge Funds Care Inc

New York, NY · EIN 43-1959796. Reported 142 grants totalling $4,038,524 to 68 organizations across tax years 2021-2024, on Form 990 Schedule I.

68organizations funded
$30,000median reported grant
$4,038,524granted, 2021-2024
69%of grantees funded again the next year
7%of dollars to its largest recipient

Does this grantmaker accept applications?

Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.

Three things in the filing do bear on it:

  1. What kind of organization it is. For Hedge Funds Care Inc, the IRS classifies it as a public foundation -- a grantmaker that raises its money from many sources rather than from one donor (NTEE T30).
  2. How spread out its giving is. 68 distinct organizations, with 7% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
  3. How much its list changes. 69% of one year's grantees are funded again the next, across 3 year-to-year transitions. That is about the 57% median for grantmaking charities -- noticeably lower than the 67% private foundations manage. Organizations like this one rotate more of their list each year, which is where an opening for a newcomer tends to be.

How big are its grants?

The median reported grant is $30,000. Half of what it reported fell between $20,000 and $35,000; the smallest was $10,000 and the largest $50,000. If you are asking for materially more than the top of that range, you are asking the wrong organization.

Schedule I only reports grants over $5,000. Form 990 requires a charity to list recipients it paid more than that and lets it omit the rest, so every grant-size figure on this page describes the grants it reported, not all of them. Its real median is lower and its real recipient count is higher. This is also why these numbers cannot be compared with the private-foundation figures elsewhere on this site -- Form 990-PF has no reporting floor, so the two are different populations rather than two samples of one.
$10,000 - $25,000
48 grants
$25,000 - $50,000
83 grants
$50,000 - $100,000
11 grants

Every organization it funded

This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.

OrganizationLocationTotal receivedGrantsYears fundedLast
Fund for the City of New York IncNew York, NY$280,000842024
The Young Center for Immigrant Childrens RightsChicago, IL$168,872642024
Family Paths IncOakland, CA$165,000442024
Fostering Change for Children LtdRocky Point, NY$150,000442024
LOVE146 IncCharlotte, NC$150,000442024
The New York FoundlingNew York, NY$150,000442024
Blythedale Childrens HospitalValhalla, NY$135,940442024
Deirdre O Brien Child Advocacy Center IncMorristown, NJ$120,000442024
The Child Center of Ny IncForest Hills, NY$120,000442024
Graham-WindhamBrooklyn, NY$100,000332023
Imagination TheaterChicago, IL$93,872442024
Mid-Fairfield Child Guidance Center IncNorwalk, CT$90,000222024
New York UniversityNew York, NY$90,000222024
The Korean-American Family Service Center IncFlushing, NY$90,000332023
Jewish Board of Family & Childrens Services IncNew York, NY$89,614332024
Court Appointed Special Advocates of New Jersey IncNew Brunswick, NJ$85,000222024
La CASA De Las MadresSan Francisco, CA$85,000222022
Teen Parent Connection IncGlen Ellyn, IL$81,372442024
Citizens Committee for Children of New YorkNew York, NY$80,000222024
Denver Childrens Advocacy CenterDenver, CO$80,000442024
Icahn School of Medicine at Mount SinaiNew York, NY$80,000222024
New York Society for the Prevention of Cruelty to ChildrenNew York, NY$80,000222024
Childrens Research TriangleChicago, IL$73,367332023
Center for Evaluation and Counseling IncParsippany, NJ$70,862222024
Homeless Childrens NetworkSan Francisco, CA$65,000222024
Child Abuse Prevention Council of Contra Costa County IncConcord, CA$60,000222022
MercyfirstSyosset, NY$60,000222024
Safe & SoundSan Francisco, CA$55,000222022
Advocates for Bartows Children IncCartersville, GA$50,000332023
New York Council on Adoptable Children IncNew York, NY$40,000112024
John Burton Advocates for YouthSan Francisco, CA$38,000222022
Center for Youth WellnessSan Francisco, CA$35,000112021
Child and Family Advocacy ProgramBoulder, CO$35,000222024
Edgewood Center for Children and FamiliesSan Francisco, CA$35,000112021
Front Range Center for Assault PreventionDenver, CO$35,000222022
National Center for Youth LawOakland, CA$35,000112021
Prevent Child Abuse Gordon County IncCalhoun, GA$35,000222024
Safebae OrgCape Eliz, ME$35,000112024
Cardinal Mccloskey School & Home for Children IncValhalla, NY$30,000112024
First Place for YouthOakland, CA$30,000112021
Friends of Alameda County CASA IncSan Leandro, CA$30,000112023
Georgia Center for Child Advocacy IncAtlanta, GA$30,000222024
Lil Iguanas Childrens Saftey FoundationNashua, NH$30,000112023
Motivating Inspiring Supporting and Serving Sexually Exploited YouthOakland, CA$30,000112024
Ser Familia IncKennesaw, GA$30,000222022
The Jewish Board of Family and Children's Services IncNew York, NY$30,000112023
You Gotta Believe the Older Child Adoption & Permanency MovementNew York, NY$30,000112021
Primo Center for Women and ChildrenChicago, IL$27,500222024
CASA Central Social Services CorporationChicago, IL$25,000112023
Childrens Home & Aid Society of IllinoisChicago, IL$25,000112021
Childrens Rights IncNew York, NY$25,000112024
International Organization for Adolescents IncorporatedBasking Ridge, NJ$25,000112021
The Center for Family Justice IncBridgeport, CT$25,000112024
The Connecticut Institute for the Blind IncHartford, CT$25,000112024
Turning Point IncWoodstock, IL$25,000222024
YWCA Metropolitan ChicagoChicago, IL$25,000112023
Cobb Collaborative IncSmyrna, GA$24,125222024
Alliance for Childrens RightsLos Angeles, CA$20,000112021
Georgia Care Connection Office Inc (dba Georgia Cares)Atlanta, GA$20,000112021
Juvenile Protective AssociationChicago, IL$20,000112024
Partnership Against Domestic ViolenceAtlanta, GA$20,000222024
Safepath Childrens Advocacy Center IncMarietta, GA$20,000112023
San Francisco CASASan Francisco, CA$20,000112021
Wellspring Living IncAtlanta, GA$20,000112023
Westside Infant-Family NetworkCulver City, CA$20,000112021
Laboratory to Combat Human TraffickingDenver, CO$15,000112021
Hidden Water IncNew York, NY$10,000112023
The Crawford Child Advocacy CenterFort Collins, CO$10,000112024

39 of 68 (57%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.

What the money was for

Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.

What kind of organizations it funds

By each recipient's own IRS classification, for the 51 of 68 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.

Human Services
24 orgs
Crime & Legal
10 orgs
Mental Health
4 orgs
Education
3 orgs
Community Improvement
2 orgs
Civil Rights
2 orgs
Philanthropy & Grantmaking
1 org
Health Care
1 org

Giving by year

Tax yearGrants reportedTotalMedian grant
202137$949,757$30,000
202224$683,345$30,000
202341$1,153,097$30,000
202440$1,252,325$30,000

Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.

Where its money goes

41% of its giving went to organizations in New York. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.

New York
$1.7M
California
$723K
Illinois
$565K
New Jersey
$301K
Georgia
$249K
Colorado
$175K
North Carolina
$150K
Connecticut
$140K

Down to the city

New York, NY
$985K
Chicago, IL
$459K
San Francisco, CA
$333K
Oakland, CA
$260K
Valhalla, NY
$166K
Rocky Point, NY
$150K

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Funders that support the same organizations

These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.

Fidelity Investments Charitable Gift Fund48 shared recipientsAmerican Online Giving Foundation Inc47 shared recipientsDonor Advised Charitable Giving Inc44 shared recipientsVanguard Charitable Endowment Program31 shared recipientsNational Philanthropic Trust24 shared recipientsThe Blackbaud Giving Fund24 shared recipients

How to approach this grantmaker

  1. Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
  2. Check you are its size. The median reported grant is $30,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
  3. Check you are in its geography. Its giving concentrates in New York.
  4. Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.

Related guides

Foundations funding human services in New YorkEvery funder in this group, rankedFoundations funding education in New YorkEvery funder in this group, rankedFoundations funding human services in CaliforniaEvery funder in this group, rankedFoundations funding education in CaliforniaEvery funder in this group, ranked

Where these numbers come from

Everything above is taken from Hedge Funds Care Inc's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.

On its most recent return it told the IRS it made grants to 40 section 501(c)(3) organizations and 0 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.

Address of record on the latest return: 106 W 32ND Street 2ND Floor, New York, NY, 10001.

EIN 43-1959796 · See the original filings on ProPublica · How we build this

This is history, not an open call. Form 990 is published about a year after the tax year it covers. Nothing on this page is a deadline. It is a record of who this organization has actually funded, which is the best available predictor of who it will fund next.

Is something here wrong about your organization? Email [email protected] and we will correct it.