Hp Foundation

Palo Alto, CA
Tax-exempt since Dec. 1979
EIN: 94-2618409

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$3.17M (2024)

Expenses

$22.1M (2024)

Total Assets

$63.7M (2024)

Total Liabilities

$4.58M (2024)

Years with missing data

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2024

Revenue

$3,169,197

Expenses

$22,136,956

Net Income

-$18,967,759

Net Assets

$59,079,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$671,149	21.2%
Dividends	$2,052,836	64.8%
Sales of Assets	$445,212	14.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$17,950,415	81.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$63,656,709
Total Liabilities	$4,576,864
Net Assets	$59,079,845

Compensation

Key Employees and Officers	Compensation	Other
Matthew Buckley (Executive Director)	$0	$0
Stephanie Bormann (Deputy Director)	$0	$0
Phyllis Turner Brim (Secretary)	$0	$0
Kristen Ludgate (Board Member/Audit Chair)	$0	$0
Alex Cho (Board Member)	$0	$0
Ernest Nicols (Board Member)	$0	$0
Stella Low (Board Member)	$0	$0
Olga Marruffo (Treasurer)	$0	$0
Stephanie Liebman (Treasurer (Through 2/15/24))	$0	$0
Antonio Lucio (Board Member)	$0	$0

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990-PF

Filed on Aug. 25, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Oct.
2023

Revenue

-$5,232,335

Expenses

$14,836,933

Net Income

-$20,069,268

Net Assets

$73,467,700

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,064,095
Dividends	$1,272,070
Sales of Assets	-$7,568,500
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$14,471,705	97.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$73,972,686
Total Liabilities	$504,986
Net Assets	$73,467,700

Compensation

Key Employees and Officers	Compensation	Other
Matthew Buckley (Executive Director)	$0	$0
Stephanie Bormann (Deputy Director)	$0	$0
Phyllis Turner Brim (Secretary)	$0	$0
Barbara Barton Weiszhaar (Treasurer)	$0	$0
Kristen Ludgate (Board Member/Audit Chair)	$0	$0
Alex Cho (Board Member)	$0	$0
Ernest Nicols (Board Member)	$0	$0
Stella Low (Board Member)	$0	$0

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990-PF

Filed on July 19, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Oct.
2022

Revenue

$33,494,518

Expenses

$13,042,042

Net Income

$20,452,476

Net Assets

$83,055,231

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$37,000,000	> 100%
Interest Revenue	$751,440	2.2%
Dividends	$0
Sales of Assets	-$4,275,249
Other Income	$18,327	0.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$12,657,738	97.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$83,359,343
Total Liabilities	$304,112
Net Assets	$83,055,231

Compensation

Key Employees and Officers	Compensation	Other
Deborah Mcisaac (Executive Director (Thru 02/22))	$0	$0
Alex Cho (Board Member)	$0	$0
Christoph Schell (Board Member (Thru 03/22))	$0	$0
Stephanie Bormann (Deputy Director)	$0	$0
Rick Hansen (Secretary (Thru 02/22))	$0	$0
Phyllis Turner Brim (Secretary (As Of 02/22))	$0	$0
Marie Myers (Treasurer (Thru 02/22))	$0	$0
Kristen Ludgate (Board Member/Audit Chair)	$0	$0
Ellen Jackowski (Executive Director (Thru 06/22))	$0	$0
Matthew Buckley (Executive Director (As Of 09/22))	$0	$0
Ernest Nicols (Board Member (As Of 09/22))	$0	$0
Karen Kahn (Board Member (Thru 05/22))	$0	$0
Barbara Barton Weiszhaar (Treasurer (As Of 02/22))	$0	$0
Stella Low (Board Member (As Of 09/22))	$0	$0

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990-PF

Filed on Sept. 26, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

View Filing (2 of 2)

Fiscal Year Ending Oct.
2021

Revenue

$37,379,189

Expenses

$8,477,359

Net Income

$28,901,830

Net Assets

$77,920,120

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$20,000,000	53.5%
Interest Revenue	$301,357	0.8%
Dividends	$541,247	1.4%
Sales of Assets	$16,536,585	44.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$8,309,323	98.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$78,352,938
Total Liabilities	$432,818
Net Assets	$77,920,120

Compensation

Key Employees and Officers	Compensation	Other
Tracy S Keogh (Audit Chair/ Board Member (Thru 04/21))	$0	$0
Deborah Mcisaac (Executive Director)	$0	$0
Alex Cho (Board Member)	$0	$0
Christoph Schell (Board Member)	$0	$0
Patrick Scott (Secretary (Thru 12/20))	$0	$0
Stephanie Bormann (Deputy Director)	$0	$0
Rick Hansen (Secretary (As Of 12/20))	$0	$0
Phyllis Turner Brim (Assistant Secretary)	$0	$0
Marie Myers (Treasurer)	$0	$0
Kristen Ludgate (Board Member/Audit Chair (As Of 05/21))	$0	$0

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990-PF

Filed on Aug. 22, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2020

Revenue

$3,384,401

Expenses

$11,218,625

Net Income

-$7,834,224

Net Assets

$53,051,684

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$2,636	0.1%
Dividends	$1,375,840	40.7%
Sales of Assets	$2,005,925	59.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,011,100	98.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$53,618,954
Total Liabilities	$567,270
Net Assets	$53,051,684

Compensation

Key Employees and Officers	Compensation	Other
Tracy S Keogh (Audit Committee Chair)	$0	$0
Deborah Mcisaac (Executive Director)	$0	$0
Alex Cho (Board Member)	$0	$0
Christoph Schell (Board Member)	$0	$0
Steve Filer (Chief Financial Officer)	$0	$0
Patrick Scott (Secretary)	$0	$0

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990-PF

Filed on Aug. 31, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Oct.
2019

Revenue

$2,081,549

Expenses

$5,840,154

Net Income

-$3,758,605

Net Assets

$60,377,553

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,687	0.2%
Dividends	$1,519,453	73.0%
Sales of Assets	$558,409	26.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,731,581	98.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$60,810,495
Total Liabilities	$432,942
Net Assets	$60,377,553

Compensation

Key Employees and Officers	Compensation	Other
Tracy S Keogh (Audit Committee Chair)	$0	$0
Deborah Mcisaac (Executive Director)	$0	$0
Alex Cho (Board Member)	$0	$0
Christoph Schell (Board Member)	$0	$0
Steve Filer (Chief Financial Officer)	$0	$0
Kim Rivera (Board Member)	$0	$0
Anthony Lucio (Board Member)	$0	$0
Cathie Lesjak (Board Member)	$0	$0

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990-PF

Filed on July 8, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2018

Revenue

$2,152,238

Expenses

$5,584,385

Net Income

-$3,432,147

Net Assets

$59,069,584

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$5,729	0.3%
Dividends	$1,484,915	69.0%
Sales of Assets	$661,594	30.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,531,777	99.1%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$59,486,331
Total Liabilities	$416,747
Net Assets	$59,069,584

Compensation

Key Employees and Officers	Compensation	Other
Tracy S Keogh (Audit Committee Chair)	$0	$0
Deborah Mcisaac (Executive Director)	$0	$0
Alex Cho (Board Member)	$0	$0
Christoph Schell (Board Member)	$0	$0
Steve Filer (Chief Financial Officer)	$0	$0
Katie Colendich (Secretary)	$0	$0

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990-PF

Filed on July 30, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2017

Revenue

$9,154,479

Expenses

$4,487,100

Net Income

$4,667,379

Net Assets

$63,555,642

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,444	0.0%
Dividends	$452,331	4.9%
Sales of Assets	$8,700,609	95.0%
Other Income	$95	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,166,017	92.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$63,980,411
Total Liabilities	$424,769
Net Assets	$63,555,642

Compensation

Key Employees and Officers	Compensation	Other
Antonio Lucio (Board Member)	$0	$0
Catherine A Lesjak (Chief Financial Officer/Director)	$0	$0
Tracy S Keogh (Chairman Of Board)	$0	$0
Deborah Mcisaac (Executive Director)	$0	$0
Kim Rivera (Secretary)	$0	$0

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990-PF

Filed on Aug. 1, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Oct.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2015

Revenue

$1,521,611

Expenses

$5,695,376

Net Income

-$4,173,765

Net Assets

$123,265,845

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$967,813	63.6%
Other Income	$553,798	36.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$5,611,289	98.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$123,434,845
Total Liabilities	$169,000
Net Assets	$123,265,845

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Oct.
2014

Revenue

$31,473,958

Expenses

$12,600,389

Net Income

$18,873,569

Net Assets

$127,439,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$12,090,409	38.4%
Interest Revenue	$168	0.0%
Dividends	$0
Sales of Assets	$12,280,886	39.0%
Other Income	$7,102,495	22.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,636,514	92.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$128,453,199
Total Liabilities	$1,013,589
Net Assets	$127,439,610

Compensation

Key Employees and Officers	Compensation	Other
Henry Gomez (Chairman Of Board)	$0	$0
Catherine A Lesjak (Chief Financial Officer/Di)	$0	$0
Tracy S Keogh (Board Member)	$0	$0
Gregg Melinson (Executive Director)	$0	$0
Michelle Stillman (Audit Committee Chair)	$0	$0

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990-PF

Filed on Sept. 15, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Oct.
2013

Revenue

$16,551,290

Expenses

$7,625,067

Net Income

$8,926,223

Net Assets

$108,566,041

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$15,000,000	90.6%
Interest Revenue	$5	0.0%
Dividends	$0
Sales of Assets	$1,046,237	6.3%
Other Income	$505,048	3.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$6,711,840	88.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$110,455,813
Total Liabilities	$1,889,772
Net Assets	$108,566,041

990-PF

Filed on Nov. 19, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 3) PDF (3 of 3)

Fiscal Year Ending Oct.
2012

Revenue

$41,692,558

Expenses

$4,918,537

Net Income

$36,774,021

Net Assets

$99,639,818

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$40,734,000	97.7%
Interest Revenue	$68	0.0%
Dividends	$0
Sales of Assets	$132,276	0.3%
Other Income	$826,214	2.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,802,550	97.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$100,785,169
Total Liabilities	$1,145,351
Net Assets	$99,639,818

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Oct.
2011

Revenue

$1,156

Expenses

$5,325,405

Net Income

-$5,324,249

Net Assets

$62,865,797

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1,156	100%
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,398,276	82.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$64,197,524
Total Liabilities	$1,331,727
Net Assets	$62,865,797

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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Hp Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $3.17M (2024)

Expenses $22.1M (2024)

Total Assets $63.7M (2024)

Total Liabilities $4.58M (2024)

Tax Filings by Year

Fiscal Year Ending Oct. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Oct. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Oct. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Oct. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Oct. 2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$3.17M (2024)

Expenses

$22.1M (2024)

Total Assets

$63.7M (2024)

Total Liabilities

$4.58M (2024)

Fiscal Year Ending Oct.
2024

Fiscal Year Ending Oct.
2023

Fiscal Year Ending Oct.
2022

Fiscal Year Ending Oct.
2021

Fiscal Year Ending Oct.
2020

Fiscal Year Ending Oct.
2019

Fiscal Year Ending Oct.
2018

Fiscal Year Ending Oct.
2017

Fiscal Year Ending Oct.
2016

Fiscal Year Ending Oct.
2015

Fiscal Year Ending Oct.
2014

Fiscal Year Ending Oct.
2013

Fiscal Year Ending Oct.
2012

Fiscal Year Ending Oct.
2011

Fiscal Year Ending Oct.
2010

Fiscal Year Ending Oct.
2009

Fiscal Year Ending Oct.
2008

Fiscal Year Ending Oct.
2007

Fiscal Year Ending Oct.
2006

Fiscal Year Ending Oct.
2005

Fiscal Year Ending Oct.
2004

Fiscal Year Ending Oct.
2003

Fiscal Year Ending Oct.
2002

Fiscal Year Ending Oct.
2001