California · Nonprofit
HCSC FOUNDATION INC
HCSC FOUNDATION INC (California) receives grants from 4 organizations whose IRS filings report $67,312 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($45,312). 3 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $796k
- Funders on record
- 4
- Grants received
- $67k
- Net assets
- $4.9M
What Hcsc Foundation Inc does
Program
H.c.s.c. Foundation is a private operating foundation. The foundation's purpose is to render financial aid where necessary to any management person, spouse, widow, or widower who has retired or resigned from j.c. Penney company under honorable conditions. Financial aid is also available to any j.c. Penney company employee who meets the following criteria: 1) must be at least 60 years of age; 2) must have at least 20 years of honorable service.
$503,060 spent
The program described on its FY2024 Form 990-PF.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.6M to $4.3M (−23%).
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Ron Salzetti
Chairman
As listed on its FY2025 Form 990-PF.
Who funds it, year by year
2019 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $500 → $13k.
2 of 4 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 75% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of HCSC FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HCSC FOUNDATION INC leans on a few funders — its largest provides 67% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HCSC FOUNDATION INC.
Largest funder’s share by year: 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 55% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
75% of HCSC FOUNDATION INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $17k that is directly attributable, 100% of it comes from funders outside California, across 2 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $51k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HCSC FOUNDATION INC's revenue grew 24% between 2021 and 2025.
this organization peer median middle 50% of peers· 4,237 philanthropy nonprofits $100k–$1M, FY2025
Organizations like HCSC FOUNDATION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for HCSC FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HCSC FOUNDATION INC?
- HCSC FOUNDATION INC (California) receives grants from 4 organizations whose IRS filings report $67,312 to it, the largest being PAYPAL CHARITABLE GIVING FUND ($45,312). 3 of them have funded it in more than one year, and 75% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HCSC FOUNDATION INC have?
- IRS filings report 4 organizations giving $67,312 in grants to HCSC FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of HCSC FOUNDATION INC?
- PAYPAL CHARITABLE GIVING FUND is the largest funder on record, with $45,312 in grants. The full list of funders is on this page.
- How can an organization like HCSC FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing