Hei Foundation Inc

BROADVIEW, IL EIN: 20-0196993

Hei Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROADVIEW, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $133K. Net investment income was $67K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

-6.5% YoY

Annual Giving

$133K

+2.7% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$15K

-8.8% YoY

About Hei Foundation Inc

Based on IRS filings

Hei Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BROADVIEW, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 9 grants totaling $133K. Net investment income was $67K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Arlington HeightsBarringtonChicagoDowners GroveGlenwoodMemphisMooseheartNapervilleOak Lawn

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$44K$88K$133K$177K20202021202220232024
Metric202420232022
Total Assets$1,007,108$1,076,789$1,194,509
Revenue$74,691$21,947$46,200
Expenses$142,818$139,667$133,418
Qualifying Distributions$134,711$131,445$124,033
Net Investment Income$66,584$21,093$37,492
Distributable Amount$63,733$63,152$67,142

Giving Over Time

Total grant dollars and number of grants per year

$0$37K$74K$112K$149K10 grants202010 grants20218 grants20228 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

ADVOCATE CHARITABLE FOUN…$45KOFF THE STREET CLUB$30KLURIE CHILDREN'S FOUNDAT…$15KMISERICORDIA$15KPATHWAY TO ADVENTURE COU…$8KALIVE CENTER$5KGLENWOOD ACADEMY$5KMOOSEHEART$5KSOS CHILDREN'S VILLAGES-…$5K

Grant Size Distribution

45 grants across all recorded years

45<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN C MAYTONSECRETARY & TREASURER1
DANIEL R PESAVENTOPRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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