The@marilyn T And David R Heebner Foundation Inc
- Assets
- $521.6k
- Revenue
- $16.9k
- Investments
- $502.8k
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- 11/2003
- Data as of
- 12/2023
- EIN
- 52-7310143
Organization Overview
The@marilyn T And David R Heebner Foundation Inc is located in Chevy Chase, MD. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. The@marilyn T And David R Heebner 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 12/2023, The@marilyn T And David R Heebner Foundation Inc generated $16.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $29.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by 0.0% per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, The@marilyn T And David R Heebner Foundation Inc has awarded 151 individual grants totaling $202,475. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES GRANTS TO QUALIFYING ORGANIZATIONS WHOSE PRIMARY AREAS OF FOCUS ARE CHILDREN & YOUTH; EDUCATION; POVERTY SOLUTIONS AND ARTS & CULTURAL ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard H Heebner Vice-President | 0 | $0 | |
Kim Heebner Price Treasurer | 0 | $0 | |
Kathleen Heebner Karpinski Vp-Secretary | 0 | $0 | |
Katherine Lynch President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $15,765 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,132 |
| Capital Gain Net Income | $1,132 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $16,897 |
| 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 | $559 |
| Total operating and administrative expenses | $5,050 |
| Contributions, gifts, grants paid | $24,400 |
| Total expenses and disbursements | $29,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,195 |
| Savings and temporary cash investments | $12,619 |
| 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 | $502,827 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $521,641 |
| 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, The@marilyn T And David R Heebner Foundation Inc has awarded $24,400 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
BLACK WOMEN FOR WELLNESS PURPOSE: GENERAL OPERATIONS | $4,000 |
SMYAL PURPOSE: GENERAL OPERATIONS | $4,000 |
URBAN ARTISTRY PURPOSE: GENERAL OPERATIONS | $4,000 |
FRIENDS OF FORT DUPONT ICE ARENA PURPOSE: GENERAL OPERATIONS | $400 |
URBAN LEAGUE OF THE UPSTATE PURPOSE: GENERAL OPERATIONS | $400 |
AMERICAN INDIAN COLLEGE FUND PURPOSE: GENERAL OPERATIONS | $4,000 |