The Heller Family Foundation Inc
- Assets
- $7.7m
- Revenue
- -$550.7k
- Investments
- $7.4m
- Employees
- 0
- Location
- Englewood Cliffs, NJ
- Founding
- 07/1998
- Data as of
- 11/2022
- EIN
- 22-3556325
Organization Overview
The Heller Family Foundation Inc is located in Englewood Cliffs, NJ. The organization was established in 1998. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heller Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Heller Family Foundation Inc has awarded 240 individual grants totaling $1,589,045. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SPONSOR OR FUND EDUCATIONAL PROGRAMS AT THE ELEMENTARY THROUGH COLLEGE LEVELS
TO SUPPORT OTHER CHARITIBLE & RELIGIOUS ORGANIZATIONS, HEALTH ISSUES AND THE NEEDY
TO PROMOTE & GIVE TO THOSE WHO NEED HELP IN ADVANCING SO THEY CAN BE SELF RELIANT
TO PROMOTE RESEARCH IN DISEASES TO HELP THEIR PREVENTION OR CURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Scott Board Member | 10 | $50,824 | |
Ronald Heller President | 3 | $0 | |
Joyce L Heller Treasurer | 1 | $0 | |
Lawrence Kupferberg Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,477 |
| Dividends & Interest | $305,000 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$666,349 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$192,825 |
| Total Revenue | -$550,697 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $50,824 |
| Other employee salaries and wages | $17,200 |
| Pension plans, employee benefits | $3,604 |
| Interest | $4,316 |
| Taxes | $4,072 |
| Depreciation | $0 |
| Occupancy | $11,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $92,897 |
| Total operating and administrative expenses | $199,913 |
| Contributions, gifts, grants paid | $155,006 |
| Total expenses and disbursements | $354,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $345,414 |
| Net Accounts receivable | $0 |
| 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 | $13,928 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $87,819 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,713,396 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $26,916 |
| Total liabilities | $26,916 |
Grants Awarded
Over the last fiscal year, The Heller Family Foundation Inc has awarded $155,006 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
Paramus, NJ PURPOSE: RELIGIOUS | $35,790 |
YOUNG JUDAEA PURPOSE: RELIGIOUS | $15,000 |
BARUCH COLLEGE PURPOSE: EDUCATION | $11,250 |
RONALD MCDONALD HOUSE PURPOSE: CHARITABLE | $8,725 |
TEAMWORK EDUCATION FOUNDATION PURPOSE: EDUCATION | $8,000 |
MIRASOL CHARITABLE FOUNDATION PURPOSE: CHARITABLE | $7,789 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kendeda Fund Wilmington, DE | $107,220,402 | $29,360,526 |
General Professional Liability Lass Fund Trust Agreement Pittsburgh, PA | $165,577,722 | $37,293,555 |
Jader Trust 4 New York, NY | $1,054,851,689 | $157,383,970 |
Rockefeller Family Fund Inc New York, NY | $156,631,848 | $43,772,368 |
Shapiro-Silverberg Foundation New York, NY | $41,665,129 | $24,069,378 |
Hess Philanthropic Fund New York, NY | $231,447,732 | $32,591,174 |
Edith L Trees Charitable Trust Pittsburgh, PA | $351,552,610 | $23,983,044 |
Natural Heritage Trust Albany, NY | $68,314,961 | $23,861,363 |
Hollow Metal Trust Fund New York, NY | $38,290,021 | $12,661,866 |
Adp Foundation Roseland, NJ | $23,560,078 | $20,725,290 |
Foundation Berma New York, NY | $320,553,699 | $33,382,644 |
Bam Endowment Trust Brooklyn, NY | $106,959,115 | $5,566,840 |