Bruce J Heim Foundation
- Assets
- $2.3m
- Revenue
- $411.5k
- Investments
- $2.0m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 13-3389060
Organization Overview
Bruce J Heim Foundation is located in Metairie, LA. The organization was established in 1988. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bruce J Heim Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bruce J Heim Foundation generated $411.5k in total revenue. All expenses for the organization totaled $310.1k during the year ending 12/2021. While expenses have increased by 19.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bruce J Heim Foundation has awarded 105 individual grants totaling $314,985. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara H Pailet Trustee | 35 | $66,450 | |
Sasha Pailet Koff Trustee | 1 | $1,200 | |
James A Cunningham Trustee | 1 | $1,200 | |
Carrie Pailet Kanter Trustee | 1 | $1,200 | |
Thomas C Hutton ESQ Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $40 |
| Dividends & Interest | $10,518 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $400,951 |
| Capital Gain Net Income | $400,951 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $411,509 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $70,050 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,207 |
| Depreciation | $0 |
| Occupancy | $6,375 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $2,842 |
| Other expenses | $60,657 |
| Total operating and administrative expenses | $144,631 |
| Contributions, gifts, grants paid | $165,485 |
| Total expenses and disbursements | $310,116 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,023 |
| Savings and temporary cash investments | $316,171 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,160 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,320,289 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $659 |
| Total liabilities | $659 |
Grants Awarded
Over the last fiscal year, Bruce J Heim Foundation has awarded $165,485 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
Newark, NJ PURPOSE: PROGRAM SUPPORT | $17,000 |
TULANE UNIVERSITY PURPOSE: SCHOLARSHIP | $12,900 |
Metairie, LA PURPOSE: PROGRAM SUPPORT | $7,500 |
BOYS HOPE GIRLS HOPE OF BALTIMORE PURPOSE: PROGRAM SUPPORT | $7,500 |
Chapel Hill, NC PURPOSE: PROGRAM SUPPORT | $7,000 |
Baton Rouge, LA PURPOSE: PROGRAM SUPPORT | $6,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Endowment Inc Houston, TX | $2,683,938,862 | $265,655,014 |
J E And L E Mabee Foundation Inc Midland, TX | $754,241,961 | $130,151,698 |
Rainwater Charitable Foundation Fort Worth, TX | $856,887,520 | $46,265,349 |
Kinder Foundation Houston, TX | $141,449,180 | $60,608,944 |
Rees-Jones Foundation Dallas, TX | $0 | $116,553,438 |
Meadows Foundation Incorporated Dallas, TX | $777,502,701 | $134,484,682 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Amon G Carter Foundation Fort Worth, TX | $464,730,205 | $54,557,293 |
Wend Ii Inc Bentonville, AR | $174,655,774 | $207,303,582 |
Ila-West Gulf Maritime Association Inc Royalty Trust Fund No 1 Houston, TX | $56,716,364 | $36,179,083 |
David Weekley Family Foundation Houston, TX | $132,693,267 | $39,507,010 |
T L L Temple Foundation Lufkin, TX | $464,501,486 | $44,070,137 |