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Heritage Fund Inc. is a private corporation based in PRINCETON, NJ. The foundation received its IRS ruling in 2004. The principal officer is Howe D Whitman. It holds total assets of $3.6M. Annual income is reported at $403K. Total assets have grown from $1.7M in 2011 to $3.6M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. The foundation primarily funds organizations in Georgia and New Jersey. According to available records, Heritage Fund Inc. has made 73 grants totaling $810K, with a median grant of $10K. Annual giving has grown from $191K in 2021 to $418K in 2023. Individual grants have ranged from $1K to $50K, with an average award of $11K. The foundation has supported 26 unique organizations. The foundation primarily supports organizations in Georgia, New Jersey, Minnesota, which account for 62% of all grants. Grantmaking reaches organizations across 11 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$10K
Largest Grant
$50K
Based on 20 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.
Heritage Fund Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 73 grants. Its grantmaking reaches organizations primarily in GA, NJ, MN.
Heritage Fund Inc. has distributed a total of $810K across 73 grants. The median grant size is $10K, with an average of $11K. Individual grants have ranged from $1K to $50K.
Heritage Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Heritage Fund Inc. is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 11 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vicki B Whitman | DIRECTOR | $0 | $0 | N/A |
| Brenda Whitman | DIRECTOR | $0 | $0 | N/A |
| Howe D Whitman Jr | PRESIDENT | $0 | $0 | N/A |
| Howe D Whitman | VICE PRESIDENT | $0 | $0 | N/A |
| Vincent B Merkle | DIRECTOR | $0 | $0 | N/A |
| Paige W Merkle | SECRETARY | $0 | $0 | N/A |
Total Giving
$197K
Total Assets
$3.6M
Fair Market Value
$3.9M
Net Worth
$3.6M
Grants Paid
$193K
Contributions
N/A
Net Investment Income
$133K
Distribution Amount
$193K
Total: $1.7M
Total Grants
73
Total Giving
$810K
Average Grant
$11K
Median Grant
$10K
Unique Recipients
26
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of RefugeUNRESTRICTED | Atlanta, GA | $10K | 2023 |
| The Wilberforce SchoolUNRESTRICTED | Princeton Junction, NJ | $50K | 2023 |
| The NavigatorsUNRESTRICTED | Albert Lea, MN | $18K | 2023 |
| K-LifeUNRESTRICTED | Atlanta, GA | $15K | 2023 |
| Daughters Against AlzheimersUNRESTRICTED | Atlanta, GA | $15K | 2023 |
| Center For Christian StudyUNRESTRICTED | Charlottesville, VA | $15K | 2023 |
| Harvest UsaUNRESTRICTED | Philadelphia, PA | $15K | 2023 |
| Atlanta Youth ProjectUNRESTRICTED | Atlanta, GA | $10K | 2023 |
| Must MinistriesUNRESTRICTED | Marietta, GA | $10K | 2023 |
| Cure AlzUNRESTRICTED | Wellesley Hills, MA | $10K | 2023 |
| Pedro Espada - African Inland MissionUNRESTRICTED | Plumstead | $8K | 2023 |
| Atlanta Resource FoundationUNRESTRICTED | Atlanta, GA | $5K | 2023 |
| Calvary Children'S HomeUNRESTRICTED | Powder Springs, GA | $5K | 2023 |
| Coats MinistriesUNRESTRICTED | West Bend, IA | $5K | 2023 |
| House Of CherithUNRESTRICTED | Atlanta, GA | $5K | 2023 |
| Samaritan'S PurseUNRESTRICTED | Boone, NC | $5K | 2023 |
| Shepherd Center FoundationUNRESTRICTED | Atlanta, GA | $5K | 2023 |
| Slavic Christian MinistriesUNRESTRICTED | Raymond, NE | $2K | 2023 |
| Slavic Gospel AssociationUNRESTRICTED | Loves Park, IL | $2K | 2023 |