Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Hermine And David Heller Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 1997. The principal officer is The Ayco Company Lp Ntg. It holds total assets of $26.3M. Annual income is reported at $2.9M. Total assets have grown from $14.7M in 2011 to $26.8M in 2022. The foundation is governed by 3 officers and trustees. Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in New York. According to available records, The Hermine And David Heller Foundation has made 43 grants totaling $11.2M, with a median grant of $85K. The foundation has distributed between $2M and $3.7M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $3.7M distributed across 20 grants. Individual grants have ranged from $1K to $2.8M, with an average award of $261K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in New York, Massachusetts, Pennsylvania, which account for 86% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$64K
Average Grant
$184K
Largest Grant
$985K
Based on 20 grants from the most recent 990-PF filing.
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt
Under internal revenue code section 501(c)(3).
Please note, the foundation is not involved in any direct charitable activities. Its primary purpose is to support, by contributions, other charitable organizations exempt. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NY, MA, PA.
The Hermine And David Heller Foundation has distributed a total of $11.2M across 43 grants. The median grant size is $85K, with an average of $261K. Individual grants have ranged from $1K to $2.8M.
The Hermine And David Heller Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Hermine And David Heller Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David B Heller | TRUSTEE | $0 | $0 | N/A |
| Robert M Heller | TRUSTEE | $0 | $0 | N/A |
| Hermine Riegerl Heller | TRUSTEE | $0 | $0 | N/A |
Total Giving
$3.2M
Total Assets
$26.8M
Fair Market Value
$31.6M
Net Worth
$26.8M
Grants Paid
$2.7M
Contributions
N/A
Net Investment Income
$3.1M
Distribution Amount
$1.6M
Total: $3.2M
Total Grants
43
Total Giving
$11.2M
Average Grant
$261K
Median Grant
$85K
Unique Recipients
29
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Philanthropic TrustGENERAL OPERATING SUPPORT | Jenkintown, PA | $530K | 2023 |
| New Museum Of Contemporary ArtSUPPORT FOR DIGITAL INITIATIVES AND NEW INC. | New York, NY | $400K | 2023 |
| Third Way InstituteGENERAL OPERATING SUPPORT | Washington, DC | $265K | 2023 |
| Friends Of The High Line IncHIGH LINE ANNUAL EVENTS AND GENERAL OPERATING SUPPORT | New York, NY | $250K | 2023 |
| Nabu Global IncGENERAL OPERATING SUPPORT | New York, NY | $250K | 2023 |
| Harvard CollegeGENERAL OPERATING SUPPORT | Cambridge, MA | $250K | 2023 |
| Grace Church SchoolGENERAL OPERATING SUPPORT | New York, NY | $205K | 2023 |
| Morrys Camp Inc2023 BENEFIT AND GENERAL OPERATING SUPPORT | Port Chester, NY | $105K | 2023 |
| Poly Prep Country Day SchoolGENERAL OPERATING SUPPORT | Brooklyn, NY | $100K | 2023 |
| American Orthopaedic Society Of Sports MedicineSUPPORT FOR MEDICAL RESEARCH | Rosemont, IL | $100K | 2023 |
| Paul Taylor Dance FoundationGENERAL OPERATING SUPPORT | New York, NY | $55K | 2023 |
| Acumen Fund IncGENERAL OPERATING SUPPORT | New York, NY | $50K | 2023 |
| Johnny Mac Tennis ProjectGENERAL OPERATING SUPPORT | New York City, NY | $18K | 2023 |
| Day One New York IncGENERAL OPERATING SUPPORT | New York, NY | $15K | 2023 |
| New Renaissance Basketball Association IncGENERAL OPERATING SUPPORT | New York, NY | $13K | 2023 |
| Christian Herald Association IncGENERAL OPERATING SUPPORT | New York, NY | $10K | 2023 |
| Tanenbaum Center For Interreligious UnderstandingGENERAL OPERATING SUPPORT | New York, NY | $10K | 2023 |
| The Go Project IncGENERAL OPERATING SUPPORT | New York, NY | $10K | 2023 |
| Govern For America IncGENERAL OPERATING SUPPORT | Washington, DC | $10K | 2023 |
| Trinity Episcopal ChurchLABYRINTH FUND SUPPORT | New York, NY | $3K | 2023 |
| President & Fellows Of Harvard CollegeGENERAL OPERATING SUPPORT | Cambridge, MA | $900K | 2022 |
| NabuGENERAL OPERATING SUPPORT | New York, NY | $200K | 2022 |
| Friends Of Hudson River ParkGENERAL OPERATING SUPPORT | New York, NY | $100K | 2022 |
| East End TempleGENERAL OPERATING SUPPORT | New York, NY | $72K | 2022 |
| Connecticut Public Broadcasting IncGENERAL OPERATING SUPPORT | Hartford, CT | $25K | 2022 |
| Lightning Basketball IncGENERAL OPERATING SUPPORT | West Hempstead, NY | $10K | 2022 |
| Friends Of PoolGENERAL OPERATING SUPPORT | New York, NY | $3K | 2022 |
| Triple Crown FoundationGENERAL OPERATING SUPPORT | Los Angeles, CA | $1K | 2022 |
| See Attached ListGENERAL CHARITABLE PURPOSES | Albany, NY | $2M | 2021 |