Steve and Janice Hefter

HIGHLAND PARK, IL EIN: 36-4337226

The Steve and Janice Hefter Family Foundation is a private independent family foundation established in August 2000 and based in Highland Park, Illinois. As a 501(c)(3) organization, the foundation operates as a grantmaking entity focused on philanthropic activities aligned with the personal values and commitments of its founders.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$551K

-20.8% YoY

Grant Count

15

-25.0% YoY

Avg Grant Size

$37K

+5.5% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation reflects Steve and Janice Hefter's lifelong commitment to Jewish and pro-Israel causes. Their philanthropic priorities are rooted in their documented involvement in Jewish advocacy and community support, including participation in the Free Soviet Jewry movement, attendance at the anti-Nazi march in Skokie, and founding membership in the Simon Wiesenthal Center's Museum of Tolerance in Los Angeles.

Primary funding areas include:

  • Jewish cultural and religious institutions
  • Jewish community support
  • Pro-Israel causes
  • Jewish advocacy and education

Grantmaking

The foundation operates on a preselected-only basis and does not accept unsolicited applications for funds. Grantmaking decisions are made through trustee discretion based on established philanthropic priorities.

Grant Range

$2,600 to $155,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily focuses on funding in Illinois, with secondary emphasis on the District of Columbia and New York.

Grant Distribution by State

12states
+4 more states

Cities

BALA CYNWYDBEVERLY HILLSBOSTONCEDARHURSTCHICAGOCOLUMBIADALLASELGINHIGHLAND PARKLOS ANGELESMADISONNEW YORKPARK CITYSKOKIESUNRISETEANECKWASHINGTON

Financial History

Multi-year comparison from IRS filings

Assets & Giving (2024):

  • Total Assets: $3,001,910
  • Total Revenues: $691,101
  • Total Expenses: $556,025
  • Total Giving: $550,800

Assets & Giving (2023):

  • Total Assets: $2.96 million
  • Total Revenues: $179,000
  • Total Expenses: $705,000
  • Total Giving: $695,800

Staffing: The foundation operates with limited staffing. All three trustees report minimal hours per week (1 hour) with no compensation.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$174K$348K$522K$696K16 grants202021 grants202117 grants202220 grants202315 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CENTRAL FUND OF ISRAEL$150KAMERICAN ISRAEL EDUCATIO…$75KJEWISH INSTITUTE FOR NAT…$67KFOUNDATION FOR THE DEFEN…$50KSTAND WITH US$50KTHE LAWFARE PROJECT$30KAFRICAN MIDDLE EASTERN L…$25KJEWISH UNITED FUND$25KNORTH SUBURBAN SYNAGOGUE…$25KFRIENDS OF OF THE ISRAEL…$15K

Grant Size Distribution

89 grants across all recorded years

61<$50K23$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Central Fund of Israel ($150,000), American Israel Education Foundation ($75,000), Jewish Institute for National Security of America ($66,700).

RecipientPurposeAmount
AFRICAN MIDDLE EASTERN LEADERSHIP PROJECT (AMEL) WASHINGTON, DCCHARITY$25,000
AMERICAN ISRAEL EDUCATION FOUNDATION WASHINGTON, DCCHARITY$75,000
CENTRAL FUND OF ISRAEL CEDARHURST, NYCHARITY$150,000
FOUNDATION FOR THE DEFENSE OF DEMOCRACIES WASHINGTON, DCCHARITY$50,000
FRIENDS OF ELNET SKOKIE, ILCHARITY$10,000
FRIENDS OF OF THE ISRAELI DEFENSE FORCE NEW YORK, NYCHARITY$15,000
INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS CHICAGO, ILCHARITY$10,000
JEWISH INSTITUTE FOR NATIONAL SECURITY OF AMERICA WASHINGTON, DCCHARITY$66,700
JEWISH UNITED FUND CHICAGO, ILCHARITY$25,000
NORTH SUBURBAN SYNAGOGUE BETH EL HIGHLAND PARK, ILCHARITY$24,500

Leadership & Key People

Leadership team and compensation from IRS filings

  • Steve Hefter — President & Treasurer
  • Janice Hefter — Vice President
  • Justin Hefter — Secretary

Steve Hefter holds degrees from Stanford University and Harvard Business School, with professional experience at Goldman Sachs and Morgan Stanley.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVE HEFTERPRESIDENT & TREASURER1
JANICE HEFTERVICE PRESIDENT1
JUSTIN HEFTERSECRETARY1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Steve and Janice Hefter fund?

The foundation reflects Steve and Janice Hefter's lifelong commitment to Jewish and pro-Israel causes. Their philanthropic priorities are rooted in their documented involvement in Jewish advocacy and community support, including participation in the Free Soviet Jewry movement, attendance at the anti-Nazi march in Skokie, and founding membership in the Simon Wiesenthal Center's Museum of Tolerance in Los Angeles. Primary funding areas include: • Jewish cultural and religious institutions • Jewis…

How do I apply for a grant from Steve and Janice Hefter?

**Grant Activity:** • Made 15-20 grants annually in recent years • 2024: 15 grants totaling approximately $550,800 • 2023: 20 grants totaling $695,800 • Grant range: $2,600 to $155,000 • Median grant size: approximately $25,000 **Recent Grantees (2024):** • Central Fund of Israel ($150,000) • American Israel Education Foundation ($75,000) • Jewish Institute for National Security of America ($66,700) • Stand With Us **Application Process:** The foundation operates on a preselected-only basis and…

Where does Steve and Janice Hefter make grants?

The foundation primarily focuses on funding in Illinois, with secondary emphasis on the District of Columbia and New York.

What size grants does Steve and Janice Hefter award?

In 2024, Steve and Janice Hefter awarded 15 grants totaling $551K — an average of about $37K per grant, based on its IRS Form 990 filings.

What is Steve and Janice Hefter's EIN?

Steve and Janice Hefter's EIN (Employer Identification Number) is 36-4337226. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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