EIN 23-7327730

The Heritage Foundation

IRS 501(c) type
501(c)(3)
Num. employees
517
Year formed
1973
Most recent tax filings
2023-12-01
Description
The Heritage Foundation formulates and promotes conservative public policies based on the principles of free enterprise, limited government, individual freedom, traditional American values, and a strong national defense. Kevin Roberts runs the foundation, which is located in Washington, DC.
Total revenues
$100,963,350
2023
Total expenses
$107,739,177
2023
Total assets
$415,053,399
2023
Num. employees
517
2023

Program areas at The Heritage Foundation

Public policy research:the Heritage Foundation (The "Foundation") produces research papers annually, including issue briefs, blog posts, fact sheets, backgrounders, guides, and books addressing a broad range of economic, domestic, foreign, national security, and legal policy issues. The Foundation published 35 issue briefs, 59 backgrounders, 25 legal memoranda, 16 factsheets and 12 special reports. The Foundation also regularly publishes content across social media platforms as The public has shifted its content and consumption to those channels.during 2023, The Foundation released its annual index of u.s. military strength that measures The u.s. military's ability to perform its missions in today's world as well as its index of economic freedom measuring The impact of liberty and free markets around The globe, while confirming The formidable positive relationship between economic freedom and progress.also released in 2023 was The Foundation's election integrity scorecard that is intended to help ensure that The defects in our election process are fixed so that all americans can have confidence in The fairness of elections by comparing The election laws and regulations of each state that affect The security and integrity of The process to The Foundation's best practices. The Foundation's education freedom report card measures four categories (education choice, teacher freedom, transparency, and return on investment) that encompass more than two dozen discrete factors to inform parents and policymakers of what their states do well and where they need improvement.the Foundation's project 2025 presidential transition project published The ninth edition of "The mandate for leadership: The conservative promise" in 2023, a comprehensive policy guide for The next conservative u.s. president.the mandate for leadership series dates back to The early 1980's. These publications all analyze current public policies and alternative policy recommendations for substance and merit. The results of our research are available in print format and at no charge through our website and social media channels, which is viewed by millions.additional information is available in our 2023 annual report, available online at httpswwwheritageorgarticletheheri...
Media. Government relations, and outreach:the Foundation distributes its research products to members of congress, congressional staff, policymakers in The executive branch of The federal government, state officials, journalists, members of The academic community, other non-profit organizations, The general public, and donors. The Foundation conducts hundreds of briefings for domestic and international officials, policymakers, experts, and lawmakers and their staff on issues ranging from federal spending and unfunded liabilities to homeland security, tax, and health policy. The Foundation delivered 25 congressional testimonies and 9 state legislative testimonies. The Foundation's outreach efforts include investing in nearly 60 allies, supporting over 100 events across dozens of states.the oversight project established to work for a u.s. government that is responsible, and accountable to its citizens filed 2,100 freedom of information act (foia) requests with The current administration in addition to various state governments.
Educational programs and communications:the Foundation hosts events and sponsors programs to educate policymakers, government officials, The academic community, journalists, and The general public on topics ranging from The constitution and civil society to political philosophy and legal jurisprudence.in 2023, The Foundation celebrated its 50th anniversary by holding a celebration that convened over 2,000 conservative movement leaders, donors, policymakers, journalists, staff, and staff alumni for three days of policy-based programming, networking, and entertainment to mark 50 years of leadership in The conservative movement.in addition, The Foundation's events & digital teams produced over 100 live and virtual public events, attracting more than 47,000 virtual and in-person attendees. Post-event impressions, including podcast listens and youtube views, totaled over 19 million. Speakers included current and former government officials. Over 235 individuals, in and outside The organization, spoke at our public events. All events were streamed virtually and had an in-person audience.the Foundation's intern program hosted a total of 158 interns in a fully immersive educational and work-study experience. 287 young professionals participated in The Foundation's online educational series, The Heritage academy. The Foundation's government relations hosted 139 policy briefing events in 2023 with participation from multiple congressional offices. Participants included members of congress, legislative staffers, communications directors, and chiefs of staff.

Grants made by The Heritage Foundation

GranteeGrant descriptionAmount
Heritage Action for AmericaPublic Policy Education$500,000
Forge Leadership NetworkInnovation Prize$300,000
Oklahoma Council of Public Affairs (OCPA)Innovation Prize$150,000
...and 9 more grants made

Who funds The Heritage Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,649,475
Pharos FoundationGeneral Charitable Support$1,500,680
Diana Davis Spencer FoundationPublic Policy Research and Education$1,500,000
...and 474 more grants received totalling $20,257,947

Personnel at The Heritage Foundation

NameTitleCompensation
Eric KorsvallChief Operating Officer$440,009
Wesley CoopersmithChief of Staff To the President
Andrew OlivastroChief Advancement Officer$273,994
John P. BackielVice President , Finance and Accounting , and Treasurer$294,759
Mary G. VoughtVice President , Strategic Communications
...and 31 more key personnel

Financials for The Heritage Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$97,801,739
Program services$83,247
Investment income and dividends$3,010,764
Tax-exempt bond proceeds$0
Royalty revenue$44,350
Net rental income$-1,637,693
Net gain from sale of non-inventory assets$-417,110
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,078,053
Total revenues$100,963,350

Form 990s for The Heritage Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-07990View PDF
2022-122023-06-27990View PDF
2021-122022-06-13990View PDF
2020-122021-06-30990View PDF
2019-122021-02-17990View PDF
...and 11 more Form 990s
Data update history
January 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 25, 2024
Updated personnel
Identified 4 new personnel
December 25, 2024
Used new vendors
Identified 3 new vendors, including , , and
November 4, 2024
Updated personnel
Identified 4 new personnel
October 24, 2024
Received grants
Identified 51 new grant, including a grant for $125,000 from William Howard Flowers Jr. Foundation
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsPublic sector nonprofitsHeadquarter / parent organizationsCharities
Issues
Public policy
Characteristics
Political advocacyLobbyingOperates internationallyNational levelEndowed supportTax deductible donationsAccepts online donations
General information
Address
214 Massachusetts Ave Ne
Washington, DC 20002
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
heritage.org/ 
Phone
(202) 546-4400
Facebook page
heritagefoundation 
Twitter profile
@heritage 
IRS details
EIN
23-7327730
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
W20: Government and Public Administration
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
020653
FTB Entity ID
2677488
AB 488 data last updated ("as-of") date
2024-12-31
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