Planet Heritage Foundation Inc
- Assets
- $23.1m
- Revenue
- $190.4k
- Investments
- $18.1m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 04/2009
- Data as of
- 12/2022
- 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 41 individual grants totaling $11,706,250. 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
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 |
|---|---|---|---|
A Fischer Dir, Pres, Sec | 3 | $0 | |
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 | $48,901 |
| Dividends & Interest | $99,794 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$83,318 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $125,000 |
| Total Revenue | $190,377 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,833 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $78,779 |
| Total operating and administrative expenses | $106,430 |
| Contributions, gifts, grants paid | $2,035,000 |
| Total expenses and disbursements | $2,141,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,887,458 |
| Net Accounts receivable | $41,126 |
| 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 | $13,014,873 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,000,000 |
| Total assets | $23,073,676 |
| 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 $2,035,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CAIDP PURPOSE: GENERAL & UNRESTRICTED | $50,000 |
MELIMOYU FOUNDATION PURPOSE: COASTAL MARINE PROTECTED AREA INITIATIVE | $15,000 |
MELIMOYU FOUNDATION PURPOSE: COASTAL MARINE PROTECTED AREA INITIATIVE | $20,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: CHARITABLE OUTREACH FUND | $250,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: CHARITABLE OUTREACH FUND | $160,000 |
NATIONAL PHILANTHROPIC TRUST PURPOSE: CHARITABLE OUTREACH FUND | $284,000 |