Heilicher Foundation
The Heilicher Foundation is a private foundation based in Minneapolis, Minnesota, established in 1965. Also known as the Menahem Heilicher Charitable Foundation, it operates as a grantmaking organization with approximately $4 million in assets. The foundation supports philanthropic initiatives primarily through general operating support to nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$439K
-8.4% YoY
Grant Count
10
+11.1% YoY
Avg Grant Size
$44K
-17.5% YoY
Mission & Focus Areas
The foundation's grantmaking focuses on education, philanthropy, voluntarism and grantmaking, and human services, with a primary emphasis on organizations serving the Jewish community and cultural preservation in the Upper Midwest.
Grantmaking
In 2023, the Heilicher Foundation made nine grants totaling $478,500. Typical grant awards range from $1,500 to $260,000.
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Geographic Focus
Where this funder awards grants
The foundation supports projects in Minnesota and North Carolina, with particular activity in Minneapolis, Minnetonka, St. Louis Park, and Wayzata, Minnesota, as well as Charlotte, North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023
- Total Assets: $4,015,524
- Total Revenues: $745,839
- Total Expenses: $543,791
- Investment Income and Dividends: $122,208
- Expense Ratio: 72.9% of total revenue spent on programs
The foundation's revenue is primarily derived from investment income and dividends rather than new contributions.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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
49 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Matthew Heilicher serves as President of the foundation on a volunteer basis, contributing four hours per week without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW HEILICHER | PRESIDENT | 4 | — |
Recent News & Activity
Recent developments and announcements
The foundation has maintained consistent grantmaking activity, with a focus on supporting Jewish community institutions and cultural heritage organizations in the Upper Midwest. Its largest grantee, the Minneapolis Jewish Federation, received $260,000 in 2023 for general operating support.
Heilicher Minneapolis Jewish Day School becomes Smith Jewish Academy | AmericanRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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