Heritage Foundation

Organization Overview

Heritage Foundation is located in Washington, DC. The organization was established in 1973. According to its NTEE Classification (W05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Heritage Foundation employed 465 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage 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 12/2020, Heritage Foundation generated $119.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $78.8m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Heritage Foundation has awarded 26 individual grants totaling $1,917,003. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO FORMULATE AND PROMOTE CONSERVATIVE PUBLIC POLICIES BASED ON THE PRINCIPLES OF FREE ENTERPRISE, LIMITED GOVERNMENT, INDIVIDUAL FREEDOM, TRADITIONAL AMERICAN VALUES, AND A STRONG NATIONAL DEFENSE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

(SEE SCHEDULE O)EDUCATIONAL PROGRAMS: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 2021, THF'S PUBLIC PROGRAMS PRODUCED 133 LIVE AND VIRTUAL EVENTS, ATTRACTING 20,514 ATTENDEES." HERITAGE'S RESOURCE BANK MEETING CONVENED OVER 300 CONSERVATIVE MOVEMENT LEADERS, DONORS, AND EXPERTS IN POLICY RESEARCH, CIVIC ENGAGEMENT, AND COMMUNICATION FOR THREE DAYS OF STRATEGIC DISCUSSIONS, WORKSHOPS, AND EDUCATIONAL PROGRAMMING. THF'S INTERN PROGRAM HOSTED A TOTAL OF 171 INTERNS, 75 OF WHICH WERE IN PERSON AND 96 IN A FULLY REMOTE WORK-STUDY EXPERIENCE. 480 YOUNG PROFESSIONALS PARTICIPATED IN THF'S ONLINE EDUCATIONAL SERIES, THE ACADEMY. THF'S GOVERNMENT RELATIONS HOSTED 146 POLICY BRIEFING EVENTS IN 2021 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 2021 ANNUAL REPORT, AVAILABLE ONLINE AT HTTPS://WWW.HERITAGE.ORG/ARTICLE/THE-HERITAGE-FOUNDATIONS-FINANCIAL-INFORMATION


(SEE SCHEDULE O)PUBLIC POLICY RESEARCH:THE HERITAGE FOUNDATION PRODUCES HUNDREDS OF 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. 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. ADDITIONAL INFORMATION IS AVAILABLE IN OUR 2021 ANNUAL REPORT, AVAILABLE ONLINE AT HTTPS://WWW.HERITAGE.ORG/ARTICLE/THE-HERITAGE-FOUNDATIONS-FINANCIAL-INFORMATION.


(SEE SCHEDULE O)MEDIA AND GOVERNMENT RELATIONS: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. IN 2021, THF PUBLISHED 106 ISSUE BRIEFS, 107 BACKGROUNDERS, 19 LEGAL MEMORANDA, AND 8 SPECIAL REPORTS. THF DELIVERED 30 CONGRESSIONAL TESTIMONIES. THF'S ANALYSTS MADE OVER 5,300 RADIO AND TELEVISION APPEARANCES IN 2021 AND EARNED OVER 1,900 OP-ED PLACEMENTS IN MAJOR PRINT AND ONLINE MEDIA OUTLETS. THF SENT OUT A DAILY NEWSLETTER, "THE MORNING BELL," TO OVER 444,000 SUBSCRIBERS, A NEWSLETTER, "THE AGENDA" TO OVER 223,000 SUBSCRIBERS, AND PUBLISHED HUNDREDS OF ARTICLES THROUGH THE FOUNDATION'S DIGITAL NEWS PUBLICATIONS. THF'S SOCIAL MEDIA PLATFORMS HAD 4 MILLION FANS AND FOLLOWERS AND ITS WEBSITES HERITAGE.ORG AND DAILYSIGNAL.COM HAD 71.1 MILLION TOTAL VISITOR SESSIONS. HERITAGE AND DAILY SIGNAL VIDEOS RECEIVED 36.4 MILLION VIEWS AND THEIR PODCASTS HAD OVER 3 MILLION LISTENS.ADDITIONAL INFORMATION IS AVAILABLE IN OUR 2021 ANNUAL REPORT, AVAILABLE ONLINE AT HTTPS://WWW.HERITAGE.ORG/ARTICLE/THE-HERITAGE-FOUNDATIONS-FINANCIAL-INFORMATION


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$65,877,330
Noncash contributions included in lines 1a–1f $1,477,083
Total Revenue from Contributions, Gifts, Grants & Similar$65,877,330
Total Program Service Revenue$152,804
Investment income $1,612,136
Tax Exempt Bond Proceeds $0
Royalties $16,201
Net Rental Income -$1,061,120
Net Gain/Loss on Asset Sales $50,881,686
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $119,134,479

Grants Awarded

Over the last fiscal year, Heritage Foundation has awarded $115,000 in support to 2 organizations.

Grant RecipientAmount

CONCERNED WOMEN FOR AMERICA

Org PageRecipient Profile

Alexandria, VA

PURPOSE: GENERAL OPERATIONS

$75,000

READY WILLING & WORKING

PURPOSE: GENERAL OPERATIONS

$40,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 24 grants that Heritage Foundation has recieved totaling $227,849.

Awarding OrganizationAmount
Herbert H And Barbara C Dow Foundation

Frankfort, MI

PURPOSE: OPERATING EXPENSES

$50,000
Charles H Boyle Fon Inc

Memphis, TN

PURPOSE: TO FURTHER DONEE'S 501(C)(3) PURPOSES

$40,000
George T & Joan M Beck Foundation Inc

Ocean Ridge, FL

PURPOSE: GENERAL

$37,582
Thomson Family Foundation

San Francisco, CA

PURPOSE: GENERAL SUPPORT

$35,000
The William A And Genevieve H Strong Foundation Tr

Pine Bluff, AR

PURPOSE: General Support

$23,520
The William A And Genevieve H Strong Foundation Tr

Pine Bluff, AR

PURPOSE: General Support

$17,640
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$216,474,428
Earnings$40,285,428
Admin Expense$1,044,204
Net Contributions$448,633
Other Expense$10,230,554
Ending Balance$245,933,731

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