Heatherington Foundation for Innovation
PORTLAND, OR EIN: 93-0988354
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$19.6M
+1.6% YoY
Annual Giving
$12.2M
-12.4% YoY
Grant Count
38
+58.3% YoY
Avg Grant Size
$322K
-44.7% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,645,304 | $19,344,780 | $19,634,290 |
| Revenue | $11,491,121 | $11,156,275 | $4,501,032 |
| Expenses | $21,758,534 | $14,239,580 | $5,346,417 |
| Qualifying Distributions | $12,363,393 | $14,156,234 | $5,207,791 |
| Net Investment Income | $1,673,077 | $581,032 | $428,318 |
| Distributable Amount | $613,382 | $726,422 | $811,400 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Heatherington Foundation for Innovation fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY HEATHERINGTON | EX-OFFICIO | 1 | — |
| BOB CARUS | BOARD CHAIR | 1 | — |
| ROB RICHARDSON DO | VICE CHAIR | 1 | — |
| ERIK SZETO DO | TREASURER | 1 | — |
| KAREN CARNAHAN | SECRETARY | 1 | — |
| PAULA CRONE DO | DIRECTOR | 1 | — |
| CHARLES KALUZA DO | DIRECTOR | 1 | — |
| JEFF PAWLOWSKI | DIRECTOR | 1 | — |
| SARAH WOLFF DO | DIRECTOR | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Oregon $45.0M (97%)
Illinois $1.2M (3%)
Washington $15K (0%)
Florida $3K (0%)
Cities
AlbanyChicagoCorvallisEugeneGladstoneGreshamKuebler BlvdLake OswegoLebannonLebanonLynnwoodLynwoodMill CityOregon CityPensacolaPortlandSalemSweet HomeTigardWest Linn
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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