Heisman Trophy Tr
- Assets
- $39.9m
- Revenue
- $9.1m
- Investments
- $37.3m
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/2008
- Data as of
- 10/2021
- EIN
- 13-7052079
Organization Overview
Heisman Trophy Tr is located in New York, NY. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heisman Trophy Tr 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 10/2021, Heisman Trophy Tr generated $9.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $3.9m during the year ending 10/2021. While expenses have increased by 2.8% per year over the past 6 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 2015, Heisman Trophy Tr has awarded 357 individual grants totaling $14,378,301. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Whalen Executive Director | 40 | $178,264 | |
Michael Comerford ESQ President | 1 | $0 | |
James Corcoran Trustee | 1 | $0 | |
Vasili Krishnamurti Trustee | 1 | $0 | |
N Richard Kalikow Trustee | 1 | $0 | |
Brian Obergfell Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,234,235 |
| Interest on Savings | $10,716 |
| Dividends & Interest | $929,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,268,668 |
| Capital Gain Net Income | $1,268,668 |
| Net ST Capital Gain | $1,268,668 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,649,560 |
| Total Revenue | $9,092,550 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $178,264 |
| Other employee salaries and wages | $154,838 |
| Pension plans, employee benefits | $74,700 |
| Interest | $0 |
| Taxes | $44,957 |
| Depreciation | $8,215 |
| Occupancy | $98,482 |
| Travel, conferences, and meetings | $24,155 |
| Printing and publications | $0 |
| Other expenses | $318,977 |
| Total operating and administrative expenses | $1,761,052 |
| Contributions, gifts, grants paid | $2,107,503 |
| Total expenses and disbursements | $3,868,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,254,359 |
| Savings and temporary cash investments | $1,096,830 |
| Net Accounts receivable | $78,833 |
| 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 | $142,443 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $481,088 |
| Net Land, buildings, and equipment | $25,550 |
| Other assets | $15,000 |
| Total assets | $39,916,174 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $102,094 |
| Deferred revenue | $604,167 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $706,261 |
Grants Awarded
Over the last fiscal year, Heisman Trophy Tr has awarded $2,107,503 in support to 42 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: DONATION | $1,593,000 |
Minneapolis, MN PURPOSE: FINANCIAL SUPPORT | $98,000 |
DESIRE STREET MINISTRIES PURPOSE: FINANCIAL SUPPORT | $35,000 |
Jacksonville, FL PURPOSE: FINANCIAL SUPPORT | $30,000 |
THE DOUG FLUTIE JR FOUNDATION FOR AUTISM PURPOSE: FINANCIAL SUPPORT | $25,000 |
New York, NY PURPOSE: FINANCIAL SUPPORT | $21,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Heisman Trophy Tr has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |