Planet Heritage Foundation Inc
- Assets
- $25.0m
- Revenue
- $265.5k
- Investments
- $20.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 26-3878866
Organization Overview
Planet Heritage Foundation Inc is located in Wilmington, DE. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Planet Heritage 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, Planet Heritage Foundation Inc has awarded 37 individual grants totaling $13,940,325. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENVIRONMENTAL PRESERVATION-MAPPING THE FIELD OF ENVIROMENTAL FUNDING TO DETERMINE HOW TO BEST STRENGHTHEN GLOBAL OPPORTUNITIES FOR IMPACT.
FOSTERING COLLABORATION IN PHILANTHROPY VIA CONSULTING SESSIONS IN AN EFFORT TO EDUCATE IN DECISION-MAKING AND LEADERSHIP WITHIN THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
O Fischer Dir, VP | 1 | $0 | |
C E Mercer VP | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Source | 12/30/15 | $92,724 |
49 Prince Street Inc | 12/30/15 | $300,947 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,115 |
| Dividends & Interest | $111,622 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $151,735 |
| Capital Gain Net Income | $151,735 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $265,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,012 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80,895 |
| Total operating and administrative expenses | $112,645 |
| Contributions, gifts, grants paid | $2,857,175 |
| Total expenses and disbursements | $2,969,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,928,666 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,944,204 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,000,000 |
| Total assets | $25,024,729 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Planet Heritage Foundation Inc has awarded $2,857,175 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GRANT TO ROCKEFELLER PHILANTHROPY ADVISORS INC IN CONNECTION WITH THE OCEANS 5 ALLIANCE 2021 | $1,000,000 |
New York, NY PURPOSE: GRANT TO ROCKEFELLER PHILANTHROPY ADVISORS INC IN CONNECTION WITH THE OCEANS 5 ALLIANCE 2020 | $1,000,000 |
Jenkintown, PA PURPOSE: GENERAL & UNRESTRICTED | $350,000 |
San Francisco, CA PURPOSE: IN SUPPORT OF THE PRODUCTION OF "DEEP RISING" | $275,000 |
THE GAIA FOUNDATION PURPOSE: TO SUPPORT THE RESEARCH, INVESTIGATION AND EDUCATION RELATING TO THE INTERCONNECTEDNESS OF PEOPLE WITH EACH OTHER | $55,000 |
THE GAIA FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $55,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Planet Heritage Foundation Inc has recieved totaling $95,000.
| Awarding Organization | Amount |
|---|---|
Edward Charles Foundation Beverly Hills, CA PURPOSE: CHARITABLE GIFT | $95,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Gordon & Llura Gund Foundation Princeton, NJ | $18,024,465 | $6,191,436 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
F M Kirby Foundation Inc Morristown, NJ | $303,494,554 | $34,334,700 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Victoria Foundation Inc Newark, NJ | $335,393,283 | $24,137,337 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |