New York · Nonprofit
HEDGE FUNDS CARE INC
HEDGE FUNDS CARE INC (New York) receives grants from 34 organizations whose IRS filings report $2,413,140 to it, the largest being VRANOS FOUNDATION ($700,000). 15 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $1.7M
- Funders on record
- 34
- Grants received
- $2.4M
- Net assets
- $1.9M
What Hedge Funds Care Inc does
Mission
The principal mission of hedge funds care is to support efforts to prevent and treat child abuse. Hedge funds care is a charity raising funds and awareness within the hedge fund industry. Through its regional and international fundraising events, generally, funds raised at each event within the local region are granted out to organizations selected and evaluated on the basis of their ability to address child abuse.
As stated on its FY2024 Form 990.
Program
Funds disbursed to agencies that specialize in the prevention and treatment of child abuse.
$1,488,926 spentof which $1,252,325 as grants100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $1,488,926.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 2018 to 2019, from $2.1M to $2.6M (+26%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 7% · 2021 15%. Grants only. Government contracts and fees sit inside program revenue.
112% of HEDGE FUNDS CARE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (82% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
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.
Chief executive
Sumudu Waas
Executive director & COO
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 9 funders to 14 funders, grant income rose $266k → $341k.
15 of 34 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 65% 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 HEDGE FUNDS CARE INC’s funders (the co-funder graph). Top 30 of 34 funders by total. 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
HEDGE FUNDS CARE INC has a broad base — no single funder exceeds 29% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
68% 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 HEDGE FUNDS CARE INC.
Largest funder’s share by year: 2017 38% · 2018 26% · 2019 45% · 2020 32% · 2021 53% · 2022 44% · 2023 37% — broadly stable.
“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.
How long its funders stay
36% of HEDGE FUNDS CARE INC's funders are still giving 3 years after their first grant; 44% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
65% of HEDGE FUNDS CARE 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 $837k that is directly attributable, 94% of it comes from funders outside New York, across 8 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $1.6M arriving through sponsors registered in 10 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
HEDGE FUNDS CARE INC is better cushioned than half of the 2,910 philanthropy nonprofits its size.
this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024
Organizations like HEDGE FUNDS CARE 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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
71% of spending goes to programs.
Governance
Public support
92%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 10 states
Screen this organization
A dated, signed PDF of the compliance screen for HEDGE FUNDS CARE 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 HEDGE FUNDS CARE INC?
- HEDGE FUNDS CARE INC (New York) receives grants from 34 organizations whose IRS filings report $2,413,140 to it, the largest being VRANOS FOUNDATION ($700,000). 15 of them have funded it in more than one year, and 65% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HEDGE FUNDS CARE INC have?
- IRS filings report 34 organizations giving $2,413,140 in grants to HEDGE FUNDS CARE INC, 15 of which have funded it in more than one year.
- Who is the largest funder of HEDGE FUNDS CARE INC?
- VRANOS FOUNDATION is the largest funder on record, with $700,000 in grants. The full list of funders is on this page.
- How can an organization like HEDGE FUNDS CARE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2024 (financials across 2017–2024), and the filings of 34 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