The Higher Foundation

Private foundation · Grantmaker Atlanta, GA EIN: 58-6442623

The Higher Foundation is a private foundation, based in Atlanta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2.3M in total assets. In 2025, it awarded 1 grant totaling $10K. Net investment income was $118K.

The Higher Foundation at a glance

In short: The Higher Foundation gave $10K across 1 grant in 2025 (avg $10K), mostly in Georgia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$10,000
-91.8% vs 2024
Grants made (2025)
1
-83.3% vs 2024
Average grant
$10,000
-51.0% vs 2024
Median grant
$10,000
Total assets
$2,274,577
+5.0% vs 2024
Primary geography
Georgia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Higher Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Pace Academy: $10KPace Academy$10K

The largest 2025 recipient was Pace Academy ($10K).

Grant Size Distribution

15 grants across all recorded years

11<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 11 grants of 15 (73%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of the 2025 grant dollars on its one itemized grant.

Cities

AtlantaPark CityPurchase

How The Higher Foundation gives

  • Giving fell 96% from 2022 to 2025. Method
  • In 2025 it paid out 7% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K2 grants2020 1 grant2021 3 grants2022 4 grants2023 6 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $10K (2025) to $223K (2022). In 2025 it made 1 grant totaling $10K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Pace Academy Atlanta, GAAdvancement of Education$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$2,274,577$135,514$28,127$10,0001$10,794$118,181$159,903
2024$2,167,190$62,565$140,319$122,5006$123,406$53,963$141,220
2023$2,248,251$90,831$94,268$83,0004$83,000$79,563$127,907
2022$2,251,688$123,435$239,883$223,0003$223,881$97,553$150,988
2021$2,378,016$113,803$155,933$120,0001—$78,955$136,756
2020$2,420,146$1,063,066$22,663$38,0002—$602,110$85,568

Under IRS private-foundation payout rules, The Higher Foundation reported a distributable amount of $160K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Higher Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steven J. Heyer

    Trustee & Dist. Com. Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • David H. Heyer

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Kate H. Mandrell

    Trustee

    New on the 2025 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Higher Foundation

How much does The Higher Foundation give each year?

The Higher Foundation gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $123K across 6 grants.

How large is The Higher Foundation?

The Higher Foundation reported $2.3M in total assets on its 2025 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $160K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does The Higher Foundation operate?

The Higher Foundation has awarded grants in Georgia, New York, Utah.

What is The Higher Foundation's EIN?

The Higher Foundation's EIN (Employer Identification Number) is 58-6442623. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 17, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 6, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 5, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Higher Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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