Waldensian Heritage Foundation Inc logo

Waldensian Heritage Foundation Inc

Public charity · Grantmaker Valdese, NC EIN: 88-2686374 Website

To preserve and promote the cultural heritage, the genealogical records, and the religious devotion of the waldenses. This includes solicitation of funds through donations/grants and the utilization of resources for the growth, sustainment, maintenance, and operations of the museum including educational enhancement. The museum provides displays, artifacts and programs that portray waldensian life, religious beliefs and witnessing, which began in the waldensian valleys several hundred years prior to the protestant reformation. Its presence is a testament to the waldenses' strong love of jesus christ in the world and their colonization in valdese. The mission is aimed at those within and beyond the boundaries of our local and regional communities and includes those of waldensian heritage by birth, and just as importantly, by faith in jesus christ.

Key facts about Waldensian Heritage Foundation Inc

In short: Waldensian Heritage Foundation Inc gave $42K across 1 grant in 2025 (avg $42K), mostly in North Carolina. Source: 2025 IRS Form 990.

EIN
88-2686374
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$42,176
Grants made (2025)
1
Average grant
$42,176
Median grant
$42,176
Total assets
$2,049,613
Primary geography
North Carolina (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$2.0M

+0.6% YoY

Annual Giving

$42K

+2747.8% YoY

Grant Count

1

Avg Grant Size

$42K

About Waldensian Heritage Foundation Inc

Based on IRS filings

Waldensian Heritage Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Valdese, NC. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $2.0M in total assets. In 2025, it awarded 1 grant totaling $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

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

Cities

Morganton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K0 grants2022 0 grants2023 Total only2024 1 grant2025

From 2024 to 2025, annual grant giving ranged from $1K (2024) to $42K (2025). In 2025 it made 1 grant totaling $42K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Community Foundation of Burke County: $42KCommunity Foundation of BurkeCounty$42K

The largest 2025 recipient was Community Foundation of Burke County ($42K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Community Foundation of Burke County Morganton, NCTo Establish a Limited Agency Endowment$42,176

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2022 2023 2024 2025
Metric202520242023
Total Assets$2,049,613$2,037,428$2,012,242
Revenue$258,901$123,922$242,004
Expenses$254,862$115,585$163,300
Net Investment Income—$55$227

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2025)
  2. Added Form 990 for fiscal year 2025 (received by the IRS July 29, 2026)

Leadership & Key People

Officers and directors from IRS filings

Waldensian Heritage Foundation Inc is led by John Heliman, Chair on every filing since 2024; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John Heliman

    Chair

    On filings since 2024

    4 hrs/week

    No compensation reported

  • David Fletcher

    Board Member

    Director → Board Member, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Steve Demiter

    Board Member

    Director → Board Member, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Steve Martinant

    Board Member

    Director → Board Member, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • John Bounous

    Treasurer

    Secretary → Treasurer, 2025

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Morrissa Angi

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Page Andersen

    Secretary

    Director → Board Member, 2024

    Board Member → Secretary, 2025

    On filings since 2023

    4 hrs/week

    No compensation reported

  • Pam Pons

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Robert Murray

    Board Member

    Director → Board Member, 2024

    On filings since 2023

    1 hr/week

    No compensation reported

  • Mark Rostan

    Vice Chair

    Treasurer → Vice Chair, 2025

    On filings since 2024

    4 hrs/week

    No compensation reported

  • Debbie Garrou

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Melinda Zimmerman

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (6)
  • Former: Frank Grill (2022–2024) — Board Member
  • Former: Jim Rostan (2024) — Vice Chair
  • Former: Daniel Bounous (2022–2023) — Director
  • Former: James Rostan (2022–2023) — Vice Chair
  • Former: John Heilman (2022–2023) — Chair
  • Former: John Mark Rostan (2022–2023) — Treasurer

Data from IRS Form 990 filings, 2022–2025. "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 Waldensian Heritage Foundation Inc

How much does Waldensian Heritage Foundation Inc give each year?

Waldensian Heritage Foundation Inc gave $42K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it reported $1K in grants paid.

How large is Waldensian Heritage Foundation Inc?

Waldensian Heritage Foundation Inc reported $2.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $259K.

What is Waldensian Heritage Foundation Inc?

Waldensian Heritage Foundation Inc is a public charity focused on Arts, Culture & Humanities, based in Valdese, NC. It holds $2.0M in total assets as of 2025.

Where does Waldensian Heritage Foundation Inc operate?

Waldensian Heritage Foundation Inc has awarded grants in North Carolina.

What is Waldensian Heritage Foundation Inc's EIN?

Waldensian Heritage Foundation Inc's EIN (Employer Identification Number) is 88-2686374. IRS Form 990 filing data is available on this page for 2022–2025.

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

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