TO FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE, LIMITED GOVERNMENT, INDIVIDUAL FREEDOM, TRADITIONAL AMERICAN VALUES, AND A STRONG NATIONAL DEFENSE.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$413.8M
-0.3% YoY
Annual Giving
$8.7M
+495.2% YoY
Grant Count
26
+100.0% YoY
Avg Grant Size
$335K
+197.6% YoY
About The Heritage Foundation
Based on IRS filings
The Heritage Foundation is a nonprofit organization focused on Public, Societal Benefit, based in WASHINGTON, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $413.8M in total assets. In 2024, it awarded 26 grants totaling $8.7M. Net investment income was $26.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $413,819,868 | $415,053,399 | $387,665,165 |
| Revenue | $133,868,147 | $100,963,350 | $106,329,524 |
| Expenses | $142,200,535 | $107,739,177 | $93,668,116 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,888,137 | $2,593,654 | $9,482,864 |
| 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
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Daily Signal Institute ($3,500,000), 170 Freedom Milwaukee 2024 Host Committee Inc ($1,000,000), Trump Vance Inaugural Committee Inc ($1,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 170 FREEDOM MILWAUKEE 2024 HOST COMMITTEE INC MILWAUKEE, WI | REPUBLICAN NATIONAL CONVENTION | $1,000,000 |
| AMERICAN ACCOUNTABILITY FOUNDATION WASHINGTON, DC | INNOVATION PRIZE | $100,000 |
| AMERICAN ASSOC OF PRO-LIFE OBSTETRICIANS & GYNECOLOGISTS FT WAYNE, IN | INNOVATION PRIZE | $100,000 |
| AMERICAN MOVEMENT FOUNDATION HERNDON, VA | GENERAL OPERATIONS | $305,000 |
| CENTER FOR CHRISTIAN VIRTUE COLUMBUS, OH | INNOVATION PRIZE | $100,000 |
| CLAREMONT INSTITUTE UPLAND, CA | INNOVATION PRIZE | $100,000 |
| CONCERNED WOMEN FOR AMERICA ALEXANDRIA, VA | GENERAL OPERATIONS | $150,000 |
| EDMUND BURKE FOUNDATION INC WASHINGTON, DC | GENERAL OPERATIONS | $250,000 |
| ETHICS AND PUBLIC POLICY CENTER WASHINGTON, DC | INNOVATION PRIZE | $50,000 |
| FEDS FOR FREEDOM RENO, NV | INNOVATION PRIZE | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN ROBERTS | PRESIDENT | 32 | $682,571 |
| BARB VAN ANDEL-GABY | CHAIRMAN | 2 | — |
| MICHAEL W GLEBA | VICE CHAIRMAN | 2 | — |
| LARRY P ARNN PHD | TRUSTEE | 1 | — |
| JOHN COLEMAN | TRUSTEE | 1 | — |
| EDWIN J FEULNER PHD | TRUSTEE | 1 | — |
| ROBERT P GEORGE | TRUSTEE | 1 | — |
| RYAN HAGGERTY | TRUSTEE | 1 | — |
| PRICE HARDING | TRUSTEE | 1 | — |
| VIRGINIA HECKMAN | TRUSTEE | 1 | — |
| MARK A KOLOKOTRONES | TRUSTEE | 1 | — |
| SHANE MCCULLAR | TRUSTEE | 1 | — |
| EDWIN MEESE III | TRUSTEE | 2 | $36,000 |
| REBEKAH A MERCER | TRUSTEE | 1 | — |
| ABBY SPENCER MOFFAT | TRUSTEE | 1 | — |
| NERSI NAZARI PHD | TRUSTEE | 2 | — |
| DARRYLE OWENS | TRUSTEE | 1 | — |
| ANTHONY J SALIBA | TRUSTEE | 1 | — |
| BRIAN TRACY | TRUSTEE | 1 | — |
| DERRICK MORGAN | EXECUTIVE VICE PRESIDENT | 39 | $545,991 |
| ERIC KORSVALL | CHIEF OPERATING OFFICER | 39 | $444,117 |
| JOHN BACKIEL | VP, FINANCE, ACCOUNTING & TREASURER | 39 | $313,985 |
| DAN MAULER | GENERAL COUNSEL & SECRETARY | 28 | $262,036 |
| ANDREW OLIVASTRO | CHIEF ADVANCEMENT OFFICER | 39 | $368,437 |
| ROBERT BLUEY | VP, COMMUNICATIONS | 24 | $184,576 |
| JOHN MALCOLM | VP, INST. FOR CONSTITUTIONAL GOV'T | 40 | $310,173 |
| ROGER SEVERINO | VP, DOMESTIC POLICY | 40 | $351,528 |
| ROBERT BARRO | DISTINGUISHED FELLOW | 40 | $357,723 |
| BRIDGETT WAGNER | ED, THE FEULNER INSTITUTE | 40 | $289,760 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Heritage Foundation?
The Heritage Foundation is a nonprofit organization focused on Public, Societal Benefit, based in WASHINGTON, DC. It holds $413.8M in total assets as of 2024.
How large is The Heritage Foundation?
As of 2024, The Heritage Foundation holds $413.8M in total assets with $133.9M in annual revenue. It awarded 26 grants totaling $8.7M in 2024.
Where does The Heritage Foundation operate?
The Heritage Foundation has awarded grants in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Indiana, Kansas, Louisiana, Michigan, North Carolina, Nevada, New York, Ohio, Oklahoma, Texas, Virginia, Wisconsin, West Virginia.
What size grants does The Heritage Foundation award?
In 2024, The Heritage Foundation awarded 26 grants totaling $8.7M — an average of about $335K per grant, based on its IRS Form 990 filings.
What is The Heritage Foundation's EIN?
The Heritage Foundation's EIN (Employer Identification Number) is 23-7327730. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Heritage Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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