Heisman Trophy Tr
- Assets
- $50.2m
- Revenue
- $10.2m
- Investments
- $47.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2008
- Data as of
- 10/2023
- EIN
- 13-7052079
Organization Overview
Heisman Trophy Tr is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heisman Trophy Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2023, Heisman Trophy Tr generated $10.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $6.1m during the year ending 10/2023. While expenses have increased by 8.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Heisman Trophy Tr has awarded 522 individual grants totaling $25,954,279. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Whalen Executive Director | 40 | $231,462 | |
Michael J Comerford ESQ President | 1 | $0 | |
Anne F Donahue Trustee | 1 | $0 | |
Brian D Obergfell Trustee | 1 | $0 | |
Carol A Pisano Trustee | 1 | $0 | |
Daniel W Reed Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,925,348 |
| Interest on Savings | $68,273 |
| Dividends & Interest | $1,340,897 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$273,724 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,151,725 |
| Total Revenue | $10,212,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $437,654 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $87,207 |
| Interest | $0 |
| Taxes | $66,195 |
| Depreciation | $52,731 |
| Occupancy | $62,724 |
| Travel, conferences, and meetings | $36,269 |
| Printing and publications | $0 |
| Other expenses | $1,175,820 |
| Total operating and administrative expenses | $3,568,584 |
| Contributions, gifts, grants paid | $2,517,895 |
| Total expenses and disbursements | $6,086,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $711,135 |
| Savings and temporary cash investments | $776,027 |
| Net Accounts receivable | $617,433 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $417,712 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $484,603 |
| Net Land, buildings, and equipment | $509,408 |
| Other assets | $15,000 |
| Total assets | $50,198,057 |
| Accounts payable and accrued expenses | $16,115 |
| Grants payable | $197,027 |
| Deferred revenue | $513,534 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $726,676 |
Grants Awarded
Over the last fiscal year, Heisman Trophy Tr has awarded $2,517,895 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
ARCHIE & BONITA GRIFFIN FOUNDATION PURPOSE: FINANCIAL SUPPORT | $10,000 |
BILLY SIMS FOUNDATION INC PURPOSE: FINANCIAL SUPPORT | $10,000 |
CALEB CARES INC PURPOSE: FINANCIAL SUPPORT | $25,000 |
CAMP RAINBOW GOLD PURPOSE: FINANCIAL SUPPORT | $10,000 |
CHARLIE AND TONJA WARD FAMILY FOUNDATION PURPOSE: FINANCIAL SUPPORT | $10,000 |
COASTAL COMMUNITY FOUNDATION PURPOSE: FINANCIAL SUPPORT | $35,000 |