Ralph C Heller Foundation Inc
- Assets
- $13.2m
- Revenue
- $805.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Baltimore, MD
- Founding
- 06/1951
- Data as of
- 12/2021
- EIN
- 52-6034740
Organization Overview
Ralph C Heller Foundation Inc is located in Baltimore, MD. The organization was established in 1951. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ralph C Heller 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.
For the year ending 12/2021, Ralph C Heller Foundation Inc generated $805.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $768.9k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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 2014, Ralph C Heller Foundation Inc has awarded 21 individual grants totaling $3,802,219. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FINANCIAL SUPPORT OF JOHNS HOPKINS HOSPITAL, UNION MEMORIAL HOSPITAL AND SINAI HOSPITAL OF BALTIMORE FOR HEART AND CANCER RESEARCH AND TREATMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JOHNS HOPKINS HOSPITAL GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT
SINAI HOSPITAL OF BALTIMORE GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT
THE MEDSTAR UNION MEMORIAL HOSPITAL GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Simon President | Trustee | 1 | $0 |
Sarah Fawcett-Lee Secretary-Treasurer | Trustee | 1 | $0 |
Thomas Trzcinski Vice-President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $296,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $508,993 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $805,523 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $681,871 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $10,553 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,500 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,951 |
| Total functional expenses | $768,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$10 |
| Savings and temporary cash investments | $603,968 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $12,551,363 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,155,321 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $13,155,321 |
| Total liabilities and net assets/fund balances | $13,155,321 |
Grants Awarded
Over the last fiscal year, Ralph C Heller Foundation Inc has awarded $681,870 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Baltimore, MD PURPOSE: FOR HEART AND CANCER RESEARCH AND TREATMENT | $227,290 |
Baltimore, MD PURPOSE: FOR HEART AND CANCER RESEARCH AND TREATMENT | $227,290 |
Baltimore, MD PURPOSE: FOR HEART AND CANCER RESEARCH AND TREATMENT | $227,290 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $23,952,064 | $83,448,118 |
University Of Maryland Faculty Physicians Inc Baltimore, MD | $357,134,333 | $108,138,580 |
Albert Einstein Healthcare Network Philadelphia, PA | $101,892,525 | $75,155,441 |
Penn Highlands Healthcare Dubois, PA | $174,985,367 | $81,650,655 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Childrens Health Foundation Inc Norfolk, VA | $218,293,245 | $41,519,979 |
Childrens Hospital Foundation Washington, DC | $768,707,580 | $82,832,640 |
Syrian American Medical Society Foundation Washington, DC | $20,670,637 | $42,052,972 |
Johns Hopkins Hospital Endowment Fund Incorporated Baltimore, MD | $745,035,781 | $11,088,977 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
The Hsc Foundation Washington, DC | $107,386,448 | $11,268,614 |