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Nonprofit · EIN 23-6870251

HFO FOUNDATION

Tax-exempt · PHILADELPHIA, PA 19103

Financials

$2.5M$2.3M2022$119.6M$2.8M2023$21.9M$9.7M2024
Revenue Expenses · by fiscal year end
Financials of HFO FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2025990-PF$21,912,775$9,711,263$12,201,512$140,542,974$0$140,542,974
November 30, 2024990-PF$119,588,323$2,779,750$116,808,573$129,551,370$0$129,551,370
November 30, 2023990-PF$2,453,029$2,338,113$114,916$31,633,048$0$31,633,048
Financial details: 990-PF for the year ended November 30, 2025

Revenue

Contributions, gifts and grants
$11,399,300
Dividends
$2,554,665
Interest
$716
Net gain from sales of assets
$7,958,094

Expenses

Grants and similar amounts paid
$9,080,875
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$9,253,492
Excise tax on investment income
$139,774

Balance sheet and other

Total assets, start of year
$129,551,370
Total assets, end of year
$140,542,974
Total liabilities, end of year
$0
Net assets, end of year
$140,542,974
Fair market value of assets
$177,485,415
Qualifying distributions
$9,253,492
Net investment income
$10,513,475

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.

NameTitleHours / weekCompensation
DEBRA HARMON
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
WENDY HARMON
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
NICOLE ABDO-PAEK
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE10$0
DANIEL GIRONDA
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
990-PF for the year ended November 30, 2024: 4 people
NameTitleHours / weekCompensation
NICOLE ABDO-PAEK
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE10$85,000
DEBRA HARMON
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
WENDY HARMON
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
DANIEL GIRONDA
C/O BRUCE ROSENFIELD ESQ 1650, MARKET ST SUITE 1200, PHILADELPHIA, PA 19103
TRUSTEE1$0
990-PF for the year ended November 30, 2023: 3 people
NameTitleHours / weekCompensation
DEBRA HARMON
C/O BRUCE ROSENFIELD ESQ 1500, MARKET ST SUITE 3600, PHILADELPHIA, PA 19102
TRUSTEE1$0
WENDY HARMON
C/O BRUCE ROSENFIELD ESQ 1500, MARKET ST SUITE 3600, PHILADELPHIA, PA 19102
TRUSTEE1$0
NICOLE ABDO
C/O BRUCE ROSENFIELD ESQ 1500, MARKET ST SUITE 3600, PHILADELPHIA, PA 19102
TRUSTEE1$0

Address and contacts

Address (IRS master file)
1650 MARKET ST SUITE 1200, PHILADELPHIA, PA 19103-7301
In care of
% BRUCE A ROSENFIELD ESQUIRE
Signed the 990-PF
wENDY hARMON, TRUSTEE
Phone
(215) 575-7095
Return prepared by
DILWORTH PAXSON LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
23-6870251
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
1988
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$140,542,974
Income (IRS master file)
$47,538,037

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFNovember 2025$21,912,775$9,711,263$140,542,974IRS
990-PFNovember 2024$119,588,323$2,779,750$129,551,370XML
990-PFNovember 2023$2,453,029$2,338,113$31,633,048XML
990-PFNovember 2022–––IRS
990-PFNovember 2021–––IRS
990-PFNovember 2020–––IRS
990-PFNovember 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 23-6870251).

Questions about HFO FOUNDATION

What is the EIN of HFO FOUNDATION?
The employer identification number (EIN) of HFO FOUNDATION is 23-6870251.
Is HFO FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
Are donations to HFO FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does HFO FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of HFO FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HFO FOUNDATION 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 HFO FOUNDATION?
The 990-PF for the year ended November 30, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does HFO FOUNDATION have?
On its 990-PF for the year ended November 30, 2025 it reported revenue of $21,912,775, expenses of $9,711,263 and total assets of $140,542,974 at year end.

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