Kraft Heinz Company Foundation
- Assets
- $816.5k
- Revenue
- $7.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 09/2012
- Data as of
- 12/2022
- EIN
- 46-0858318
Organization Overview
Kraft Heinz Company Foundation is located in Chicago, IL. The organization was established in 2012. 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. Kraft Heinz Company Foundation 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 12/2022, Kraft Heinz Company Foundation generated $7.0m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kraft Heinz Company Foundation has awarded 71 individual grants totaling $33,812,715. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonah Smith Chair | 4 | $0 | |
Valerie Vincent Director | 0.5 | $0 | |
Georgiana DE Noronha Director | 0.5 | $0 | |
Jessica Vultaggio Director | 0.5 | $0 | |
Rashida La Lande Director | 1 | $0 | |
Crystal Andrews Banks Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,000,000 |
| Interest on Savings | $26,769 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,026,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $301 |
| Total operating and administrative expenses | $19,137 |
| Contributions, gifts, grants paid | $2,582,657 |
| Total expenses and disbursements | $2,601,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $816,492 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $816,492 |
| Accounts payable and accrued expenses | $20,161 |
| Grants payable | $4,498,887 |
| 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 | $4,519,048 |
Grants Awarded
Over the last fiscal year, Kraft Heinz Company Foundation has awarded $6,595,065 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS OF GREATER CHICAGO PURPOSE: SUPPORT GENERAL OPERATIONS | $250,000 |
CONGRESSIONAL HUNGER CENTER PURPOSE: SUPPORT GENERAL OPERATIONS | $15,000 |
FEEDING AMERICA PURPOSE: SUPPORT GENERAL OPERATIONS | $1,000,000 |
FOOD & FRIENDS INC PURPOSE: SUPPORT GENERAL OPERATIONS | $5,000 |
GREATER CHICAGO FOOD DEPOSITORY PURPOSE: SUPPORT GENERAL OPERATIONS | $250,000 |
GREATER PITTSBURGH COMMUNITY PURPOSE: SUPPORT GENERAL OPERATIONS | $150,000 |