The Heller Foundation Inc

Foundation · Grantmaker Madison, NJ EIN: 22-3661057

The Heller Foundation Inc is a private foundation based in Madison, New Jersey. Its 2025 grants supported organizations working in areas including justice, community services, health care, arts and culture, and early childhood development.

Key facts about The Heller Foundation Inc

In short: The Heller Foundation Inc gave $530K across 23 grants in 2025 (avg $23K), mostly in New York. 26% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
22-3661057
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$529,500
Grants made (2025)
23
Average grant
$23,022
Median grant
$5,000
New grantees (estimate)
26% first-time grantees (6 of 23, 2025)
Total assets
$6,260,438
Primary geography
New York (61% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.3M

+6.1% YoY

Annual Giving

$530K

+21.0% YoY

Grant Count

23

-8.0% YoY

Avg Grant Size

$23K

+31.5% YoY

Under IRS private-foundation payout rules, The Heller Foundation Inc reported a distributable amount of $384K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Heller Foundation Inc open to new grantees?

26%

first-time grantees, 2025

In 2025, 6 of 23 grantees (26%) were first-time recipients. First grants averaged $3K; repeat grants $30K. How we count

Medians: $1K first-time, $10K repeat.

  • 70% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−10%). Method
  • In 2025 it paid out 140% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

The foundation’s own mission is not stated in the available information. Its 2025 grantees included organizations with varied missions. For example, Footsteps says it supports individuals and families leaving or considering leaving insular ultra-Orthodox Jewish communities; Unchained At Last says it works to end forced and child marriage in the United States; and Grand Street Settlement says it provides culturally relevant services to expand opportunities for low-income families and individuals. Other 2025 recipients included organizations whose stated missions concern health care, children’s development, metal arts, and classical music.

Grantmaking

In 2025, the foundation made 23 grants totaling $529,500. Grant amounts ranged from $500 to $125,000, with a median grant of $5,000. Its largest grants included $125,000 to the Brennan Center for Justice, $75,000 each to Footsteps and Unchained At Last, and $50,000 each to the Reporters Committee for Freedom of the Press and WNYC Radio. The listed grants were designated for unrestricted use by the recipients.

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Geographic Focus

Where this funder awards grants

In 2025, 61% of grant dollars went to recipients in New York, 20% to New Jersey, 9% to Washington, DC, 7% to Connecticut, and 2% to Pennsylvania.

Grant Distribution by State

16states

Share of all 23 itemized 2025 grant dollars.

Cities

New YorkMadisonWestportWestfieldBrooklynArlingtonBoca RatonGustavusNew OrleansBronxSummitCambridgeJohnstownMorris PlainsPrincetonSalt Lake CitySeattleWashingtonAlbert LeaAsbury Park

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K28 grants201925 grants202020 grants202117 grants202216 grants202325 grants202423 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Brennan Center for Justice: $125KBrennan Center for Justice$125KFootsteps: $75KFootsteps$75KUnchained at Last: $75KUnchained at Last$75KReporters Committee for Freedom of the Press: $50KReporters Committee forFreedom of the Press$50KWnyc Radio: $50KWnyc Radio$50KGrand Street Settlement: $35KGrand Street Settlement$35KSos Generation: $35KSos Generation$35KOverlook Foundation: $25KOverlook Foundation$25KCenter for Metal Arts: $10KCenter for Metal Arts$10KChildren's Museum of Manhattan: $10KChildren's Museum of Manhattan$10K

Grant Size Distribution

101 grants across all recorded years

74<$50K20$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BRENNAN CENTER FOR JUSTICE New York, NYUNRESTRICTED USE BY DONEE$125,000
FOOTSTEPS New York, NYUNRESTRICTED USE BY DONEE$75,000
UNCHAINED AT LAST Westfield, NJUNRESTRICTED USE BY DONEE$75,000
REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS Washington, DCUNRESTRICTED USE BY DONEE$50,000
WNYC RADIO New York, NYUNRESTRICTED USE BY DONEE$50,000
GRAND STREET SETTLEMENT New York, NYUNRESTRICTED USE BY DONEE$35,000
SOS GENERATION Westport, CTUNRESTRICTED USE BY DONEE$35,000
OVERLOOK FOUNDATION Summit, NJUNRESTRICTED USE BY DONEE$25,000
CENTER FOR METAL ARTS Johnstown, PAUNRESTRICTED USE BY DONEE$10,000
CHILDREN'S MUSEUM OF MANHATTAN New York, NYUNRESTRICTED USE BY DONEE$10,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $6,260,438 $961,107 $611,620 $529,500
2024 $5,903,168 $439,271 $470,449 $437,678
2023 $5,934,346 $536,444 $743,048 $679,000
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019202020212022202320242025
Metric202520242023
Total Assets$6,260,438$5,903,168$5,934,346
Revenue$961,107$439,271$536,444
Expenses$611,620$470,449$743,048
Qualifying Distributions$538,411$443,622$680,776
Net Investment Income$394,140$375,303$309,172
Distributable Amount$383,829$400,043$358,532

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 20, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 23, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 23, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 2, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS July 15, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 23, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Martin Heller as president; Alan Meades and John Heller as officers; and Daniel Heller, Jennifer Heller Wold, Julius Heftler, and Nicolaus Racioppi Jr as trustees.

The Heller Foundation Inc is led by Martin Heller, President since 2021 (on filings since 2019); none of the 7 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Martin Heller

    President

    President → Trustee & President, 2020

    Trustee & President → President, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nicolaus Racioppi Jr.

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jennifer Heller Wold

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daniel Heller

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Julius Heftler

    Trustee

    On filings since 2024

    1 hr/week

    No compensation reported

  • Alan Meades

    Officer

    Officer → Trustee, Secretary & Treasurer, 2020

    Trustee, Secretary & Treasurer → Officer, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Heller

    Officer

    Officer → Trustee & Vice President, 2020

    Trustee & Vice President → Officer, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Nicholas Racioppi Jr. (2020) — Trustee
  • Former: Margaret Heller (2019) — Officer · Filing note: Deceased

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: PO Box 700, Madison, NJ 07940
Phone: (973) 377-6000

Frequently asked questions about The Heller Foundation Inc

How much does The Heller Foundation Inc give each year?

The Heller Foundation Inc gave $530K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $438K across 25 grants.

What is The Heller Foundation Inc's typical grant size?

The Heller Foundation Inc's median grant in 2025 was $5,000, and its average grant was $23,022, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Heller Foundation Inc that year got $3K on average.

Where does The Heller Foundation Inc give grants?

The Heller Foundation Inc gives mostly in New York: 61% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (20%) and District of Columbia (9%). The most frequent recipient cities were New York, NY (10 grants), Westfield, NJ (2 grants), Johnstown, PA (2 grants) and Boca Raton, FL (2 grants).

Does The Heller Foundation Inc give general operating support?

Yes: 100% of The Heller Foundation Inc's 2025 grants with a stated purpose (23 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Heller Foundation Inc's largest grantees?

The Heller Foundation Inc's largest 2025 grantees include Brennan Center for Justice ($125,000), Footsteps ($75,000) and Unchained at Last ($75,000), according to its 2025 IRS Form 990-PF. Together they received 52% of its itemized 2025 grant dollars.

How large is The Heller Foundation Inc?

The Heller Foundation Inc reported $6.3M in total assets on its 2025 IRS Form 990-PF. It paid out $538K in qualifying distributions that year, against a required minimum of $384K (roughly 5% of its investment assets).

What does The Heller Foundation Inc fund?

The foundation’s own mission is not stated in the available information. Its 2025 grantees included organizations with varied missions. For example, Footsteps says it supports individuals and families leaving or considering leaving insular ultra-Orthodox Jewish communities; Unchained At Last says it works to end forced and child marriage in the United States; and Grand Street Settlement says it provides culturally relevant services to expand opportunities for low-income families and individuals…

How do I apply for a grant from The Heller Foundation Inc?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Heller Foundation Inc's EIN?

The Heller Foundation Inc's EIN (Employer Identification Number) is 22-3661057. IRS Form 990 filing data is available on this page for 2019–2025.

Does The Heller Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

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