EIN 23-7327730

The Heritage Foundation

IRS 501(c) type
501(c)(3)
Num. employees
499
Year formed
1973
Most recent tax filings
2022-12-01
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
$106,329,524
2022
Total expenses
$93,668,116
2022
Total assets
$387,665,165
2022
Num. employees
499
2022

Program areas at The Heritage Foundation

Educational programs and communications:the Heritage Foundation ("thf or "The Foundation") hosts events and sponsors programs to educate government officials, The academic community, journalists, and The general public on topics ranging from The founding fathers and civil society to political philosophy and legal principles. In 2022, thf's events & public programing team produced 89 live and virtual public events, attracting 15,974 virtual and in-person attendees. Heritage's resource bank meeting convened over 400 conservative movement leaders, donors, and experts in policy research, civic engagement, and communication for three days of strategy sessions, collaboration, and educational programming. (continued on schedule o)thf's intern program hosted a total of 161 interns in a fully immersive work-study experience. 199 young professionals participated in thf's online educational series, The academy. There were 202 total participants in The spring and summer acadamy classes. Thf's government relations hosted 174 policy briefing events in 2022 with participation from multiple congressional offices. Participants included members of congress legislative staffers, communications directors, and chiefs of staff. Additional information is available in our 2022 annual report, available online at httpswwwheritageorgarticletheheri...
Media. Government relations, and outreach:the Heritage 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 Heritage 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. Thf delivered 25 congressional testimonies and 9 state legislative testimonies. (continued on schedule o) thf's analysts made over 6,400 radio, podcast, and television appearances in 2022 and earned over 1,200 op-ed placements in major print and online media outlets. Thf experts were quoted or mentioned over 5000 times in major publications. Thf conducted a new house member orientation which had 19 attendees and conducted 67 candidate briefings. With input from our in-house experts, allies in The movement, and our donors, thf announced seven policy priorities: 1-empower parents to make education choices 2-reverse The growth of spending and inflation 3-marginalize big tech's influence 4- protect unborn life and family formation 5-secure america's borders and reduce crime 6-ensure free and fair elections 7-counter The threat of communist china.additional information is available in our 2022 annual report, available online at httpswwwheritageorgarticletheheri...
Public policy research:the Heritage Foundation produces research papers annually, including issue briefs, blog posts, fact sheets, backgrounders, guides, and books addressing a broad range of economic, domestic, defense, foreign, and social policy issues. Thf published 58 issue briefs, 66 backgrounders, 27 legal memoranda, 15 factsheets and 12 special reports. These publications analyze both 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, which is visited by millions. (continued on schedule o)additional information is available in our 2022 annual report, available online at httpswwwheritageorgarticletheheri...

Grants made by The Heritage Foundation

GranteeGrant descriptionAmount
Heritage Action for AmericaPublic Policy Education$400,000
Victims of Communism Memorial Foundation (VOC)Innovation Prize$150,000
The Thomas Jefferson Institute for Public PolicyInnovation Prize$150,000
...and 12 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 477 more grants received totalling $20,287,987

Personnel at The Heritage Foundation

NameTitleCompensation
Eric KorsvallChief Operating Officer$336,050
Charles StimsonDeputy Director , Edwin Meese Center$285,939
Wesley CoopersmithChief of Staff To the President
Andrew OlivastroChief Advancement Officer$212,985
John P. BackielVice President , Finance and Accounting , and Treasurer$278,763
...and 31 more key personnel

Financials for The Heritage Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$95,083,025
Program services$33,862
Investment income and dividends$2,089,703
Tax-exempt bond proceeds$0
Royalty revenue$18,470
Net rental income$-655,163
Net gain from sale of non-inventory assets$7,393,161
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,366,466
Total revenues$106,329,524

Form 990s for The Heritage Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-06-27990View PDF
2021-122022-06-13990View PDF
2020-122021-06-30990View PDF
2019-122021-02-17990View PDF
2018-122019-10-12990View PDF
...and 10 more Form 990s
Data update history
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
August 10, 2024
Received grants
Identified 165 new grant, including a grant for $700,000 from The Roe Foundation
May 17, 2024
Received grants
Identified 5 new grant, including a grant for $12,500 from M Piuze Foundation
January 3, 2024
Received grants
Identified 129 new grant, including a grant for $1,500,680 from Pharos 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 - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
020653
FTB Entity ID
2677488
AB 488 data last updated ("as-of") date
2024-11-20
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