Hess Philanthropic Fund
Private foundation New York, NY Still adding venture funds
Hess Philanthropic Fund reports 23 venture funds, $27M in all.
Holdings are from its Form 990-PF return for the year ending November 30, 2025, compared with the one for November 30, 2024. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: its newest venture fund is a 2023 vintage, within 3 years of 2025.
The numbers
| Vintage | Venture funds |
|---|---|
| 2017 | 1 |
| 2018 | 2 |
| 2019 | 4 |
| 2020 | 1 |
| 2021 | 8 |
| 2022 | 2 |
| 2023 | 1 |
Updates from Hess Philanthropic Fund
Largest venture holdings
From its Form 990-PF return for the year ending November 30, 2025; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Radian Capital Partners II, L.P. | Radian Capital LLC | 2019 | $3M |
| Venrock Associates VIII LP | Venrock | 2017 | $2.5M |
| Polychain Ventures III (Parallel) LP | Polychain Capital | 2021 | $2M |
| Felicis Ventures VII, L.P. | Felicis | 2020 | $1.8M |
| Ra Capital Healthcare International Fund, Ltd. | Ra Capital Management, LP | — | $1.7M |
In the app: 18 more venture funds. Open Hess Philanthropic Fund in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- Carnegie Corporation of New York
- The Guardian Life Insurance Company of America
- Surdna Foundation Inc
- Franklin Lexington Private Markets Fund
- The Leona M and Harry B Helmsley Charitable Trust
- Partners Group Private Equity Fund, LLC
- The Commonwealth Fund
- Partners Group Growth, LLC
283 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of November 30, 2025; new holdings are those not on its return for the year ending November 30, 2024. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.
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