//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hei Foundation Inc. is a private corporation based in BROADVIEW, IL. The foundation received its IRS ruling in 2004. The principal officer is Michael Hughes. It holds total assets of $1M. Annual income is reported at $339K. Total assets have grown from $877K in 2011 to $1.1M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Illinois and Tennessee. According to available records, Hei Foundation Inc. has made 36 grants totaling $511K, with a median grant of $10K. The foundation has distributed between $110K and $149K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $149K distributed across 10 grants. Individual grants have ranged from $3K to $45K, with an average award of $14K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Illinois and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$9K
Average Grant
$11K
Largest Grant
$30K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hei Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in IL, TN.
Hei Foundation Inc. has distributed a total of $511K across 36 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $3K to $45K.
Hei Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (200196993) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Hei Foundation Inc. is headquartered in BROADVIEW, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John W Dougherty | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Steven C Mayton | VICE PRESIDENT/TREASURER | $0 | $0 | N/A |
| Daniel R Pesavento | VICE PRESIDENT/SECRETARY | $0 | $0 | N/A |
Total Giving
$140K
Total Assets
$1.1M
Fair Market Value
$1.3M
Net Worth
$1.1M
Grants Paid
$130K
Contributions
N/A
Net Investment Income
$21K
Distribution Amount
$63K
Total: N/A
Total Grants
36
Total Giving
$511K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Advocate Charitable FoundationPUBLIC SERVICE/MEDICAL | Downers Grove, IL | $45K | 2023 |
| Off The Street ClubPUBLIC SERVICES | Chicago, IL | $30K | 2023 |
| MisericordiaPUBLIC SERVICES/MEDICAL | Chicago, IL | $15K | 2023 |
| Lurie Children'S HospitalPUBLIC SERVICE/MEDICAL | Chicago, IL | $15K | 2023 |
| Boy Scouts Of AmericaPUBLIC SERVICE | Arlington Heights, IL | $10K | 2023 |
| Alive CenterPUBLIC SERVICES | Naperville, IL | $5K | 2023 |
| MooseheartPUBLIC SERVICES/EDUCATION | Mooseheart, IL | $5K | 2023 |
| Glenwood AcademyEDUCATIONAL | Glenwood, IL | $5K | 2023 |
| Sos Children'S Villages-IllinoisPUBLIC SERVICE | Chicago, IL | $5K | 2022 |
| St Jude Children'S HospitalPUBLIC SERVICE/MEDICAL | Memphis, TN | $5K | 2021 |
| Advocate Children'S HospitalPUBLIC SERVICE/MEDICAL | Oak Lawn, IL | $25K | 2020 |
| St Michaels Youth ProgramPUBLIC SERVICES | Barrington, IL | $5K | 2020 |