Heritage Foundation

LAKEWOOD, NJ EIN: 20-8465001

Heritage Foundation is a private foundation focused on Education, based in LAKEWOOD, NJ. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $1.1M in total assets. In 2023, it awarded 1 grants totaling $500. Net investment income was $16K.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.1M

+4.9% YoY

Annual Giving

$500

-98.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$500

-98.6% YoY

Under IRS private-foundation payout rules, Heritage Foundation reported a distributable amount of $66K for 2023 — the minimum it must pay out in qualifying distributions.

About Heritage Foundation

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New Jersey $381K (100%)

States

New Jersey

Cities

Lakewood

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2023	2022	2021
Total Assets	$1,148,129	$1,094,168	$810,593
Revenue	$58,306	$340,761	$262,908
Expenses	$6,093	$57,186	$152,307
Qualifying Distributions	$2,050	$35,000	$135,380
Net Investment Income	$16,206	—	$3
Distributable Amount	$66,176	$52,763	$49,078

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2023

Grant Size Distribution

7 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2023 grants, the largest include Donor Fund ($500).

Recipient	Purpose	Amount
DONOR FUND LAKEWOOD, NJ	EDUCATIONHELPING OUT THE NEEDY	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2023 IRS filing

From 2023 filing

Name	Title	Hours	Compensation
BENJAMIN LEDERER	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Heritage Foundation?

Heritage Foundation is a private foundation focused on Education, based in LAKEWOOD, NJ. It holds $1.1M in total assets as of 2023.

How large is Heritage Foundation?

As of 2023, Heritage Foundation holds $1.1M in total assets with $58K in annual revenue. It awarded 1 grants totaling $500 in 2023.

Where does Heritage Foundation operate?

Heritage Foundation has awarded grants in New Jersey.

What size grants does Heritage Foundation award?

In 2023, Heritage Foundation awarded 1 grants totaling $500 — an average of about $500 per grant, based on its IRS Form 990 filings.

How much is Heritage Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, Heritage Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.