The Hermine and David Heller Foundation
The Hermine and David Heller Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $26.8M in total assets. In 2023, it awarded 21 grants totaling $2.7M. Net investment income was $3.1M.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$26.8M
+5.1% YoY
Annual Giving
$2.7M
-25.7% YoY
Grant Count
21
+5.0% YoY
Avg Grant Size
$130K
-29.2% YoY
Under IRS private-foundation payout rules, The Hermine and David Heller Foundation reported a distributable amount of $1.6M for 2023 — the minimum it must pay out in qualifying distributions.
About The Hermine and David Heller Foundation
Based on IRS filings
The Hermine and David Heller Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $26.8M in total assets. In 2023, it awarded 21 grants totaling $2.7M. Net investment income was $3.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $26,774,241 | $25,463,353 | $23,034,473 |
| Revenue | $3,477,695 | $11,231,463 | $18,262,295 |
| Expenses | $3,189,460 | $3,937,114 | $2,547,249 |
| Qualifying Distributions | $2,860,750 | $3,752,750 | — |
| Net Investment Income | $3,133,696 | $4,469,382 | $9,286,631 |
| Distributable Amount | $1,596,622 | $1,359,495 | $854,146 |
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 2023
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include National Philanthropic Trust ($530,000), New Museum of Contemporary Art ($400,000), Third Way Institute ($265,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ACUMEN FUND INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $50,000 |
| AMERICAN ORTHOPAEDIC SOCIETY OF SPORTS MEDICINE ROSEMONT, IL | SUPPORT FOR MEDICAL RESEARCH | $100,000 |
| CHRISTIAN HERALD ASSOCIATION INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $10,000 |
| DAY ONE NEW YORK INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $15,000 |
| FRIENDS OF THE HIGH LINE INC NEW YORK, NY | HIGH LINE ANNUAL EVENTS AND GENERAL OPERATING SUPPORT | $250,000 |
| GOVERN FOR AMERICA INC WASHINGTON, DC | GENERAL OPERATING SUPPORT | $10,000 |
| GRACE CHURCH SCHOOL NEW YORK, NY | GENERAL OPERATING SUPPORT | $205,000 |
| HARVARD COLLEGE CAMBRIDGE, MA | GENERAL OPERATING SUPPORT | $250,000 |
| JOHNNY MAC TENNIS PROJECT NEW YORK CITY, NY | GENERAL OPERATING SUPPORT | $17,500 |
| MORRYS CAMP INC PORT CHESTER, NY | 2023 BENEFIT AND GENERAL OPERATING SUPPORT | $105,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID B HELLER | TRUSTEE | 1 | — |
| ROBERT M HELLER | TRUSTEE | 1 | — |
| HERMINE RIEGERL HELLER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hermine and David Heller Foundation?
The Hermine and David Heller Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $26.8M in total assets as of 2023.
How large is The Hermine and David Heller Foundation?
As of 2023, The Hermine and David Heller Foundation holds $26.8M in total assets with $3.5M in annual revenue. It awarded 21 grants totaling $2.7M in 2023.
Where does The Hermine and David Heller Foundation operate?
The Hermine and David Heller Foundation has awarded grants in California, Connecticut, District of Columbia, Illinois, Massachusetts, New York, Pennsylvania.
What size grants does The Hermine and David Heller Foundation award?
In 2023, The Hermine and David Heller Foundation awarded 21 grants totaling $2.7M — an average of about $130K per grant, based on its IRS Form 990 filings.
How much is The Hermine and David Heller Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Hermine and David Heller Foundation reported a distributable amount of $1.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hermine and David Heller Foundation's EIN?
The Hermine and David Heller Foundation's EIN (Employer Identification Number) is 13-3936476. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in The Hermine and David Heller 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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