The Heller Foundation Inc is a family foundation established in 1998 in New Jersey and funded in 2002. Based in Madison, NJ, the foundation operates as a private philanthropic organization focused on supporting charitable causes through grantmaking.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.9M
-0.5% YoY
Annual Giving
$438K
-35.5% YoY
Grant Count
25
+56.3% YoY
Avg Grant Size
$18K
-58.7% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education and higher education
- Philanthropy and grantmaking
- Religion and Judaism
- Human services
- Nonprofits and community development
Grantmaking
The foundation has awarded 157 grants totaling $3,465,015 across all years on record.
Grant Range
$300–$170,159
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Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple U.S. states and cities, with particular concentration in:
- Primary focus: New York (54% of grants), New Jersey, and Florida
- Secondary locations: Connecticut, Louisiana, Massachusetts, Minnesota, Pennsylvania, Virginia, and Alaska
- Specific cities funded: New York, Brooklyn, Bronx, Cambridge, Cedar Knolls, Greenwich, Madison, New Orleans, Pittsburgh, Short Hills, Westfield, and Westport
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $5,903,168
- Total revenues: $439,271
- Total expenses: $470,449
- Investment income and dividends: $206,242
- Net gain from sale of non-inventory assets: $233,029
Assets & Revenue (2023):
- Total assets: $7,391,221
- Total distributions: $681,000
Tax Status:
- EIN: 22-3661057
- 501(c)(3) organization
- Tax-exempt since August 1999
- NTEE code: T20 (Private Foundations)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,903,168 | $5,934,346 | $6,140,950 |
| Revenue | $439,271 | $536,444 | $425,794 |
| Expenses | $470,449 | $743,048 | $664,215 |
| Qualifying Distributions | $443,622 | $680,776 | $591,766 |
| Net Investment Income | $375,303 | $309,172 | $112,984 |
| Distributable Amount | $400,043 | $358,532 | $384,665 |
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
103 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
- Martin Heller – President
- Jennifer Heller Wold – Trustee
- John Heller – Officer
- Alan Meades – Officer
- Nicolaus Racioppi Jr – Trustee
All leadership members serve on a voluntary basis without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALAN MEADES | OFFICER | 1 | — |
| DANIEL HELLER | TRUSTEE | 1 | — |
| JENNIFER HELLER WOLD | TRUSTEE | 1 | — |
| JOHN HELLER | OFFICER | 1 | — |
| JULIUS HEFTLER | TRUSTEE | 1 | — |
| MARTIN HELLER | PRESIDENT | 1 | — |
| NICOLAUS RACIOPPI JR | TRUSTEE | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has been active in supporting various causes. Recent grant announcements indicate ongoing commitment to education and social justice organizations, with notable support for organizations focused on criminal justice reform, human rights, and religious/Jewish causes.
EA receives Halle Foundation grant to expand rural welding program - TheSubject Areas
Focus areas based on grantmaking activity
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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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