The Heinz Endowments
- Assets
- $0.0
- Revenue
- $54.4m
- Investments
- $843.6m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 11/1993
- Data as of
- 12/2020
- EIN
- 25-1721100
Organization Overview
The Heinz Endowments is located in Pittsburgh, PA. The organization was established in 1993. 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. Heinz Endowments 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, Heinz Endowments generated $54.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $108.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Heinz Endowments has awarded 1,500 individual grants totaling $249,212,179. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF "H" MAGAZINE. 5,000 PRINT COPIES PLUS WEB ACCESS TO HIGHLIGHT ISSUES OF PUBLIC INTEREST.
PITTSBURGH READINESS INSTITUTE. SUPPORT OF AN EDUCATION INITIATIVE WHICH PREPARES YOUTH AND YOUNG ADULTS FOR CAREERS.
PROFESSIONAL CONSULTING SERVICES. PROVIDING CONSULTING SUPPORT DIRECTLY TO NON-PROFIT ENTITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grant Oliphant President | 40 | $790,350 | |
Edward Kolano Vice President | 40 | $460,263 | |
Janet L Sarbaugh Vice President, Crea | 40 | $285,692 | |
Andrew S Mcelwaine Vice President, Sust | 40 | $279,296 | |
Michelle M Figlar Vice President, Lear | 40 | $272,144 | |
John M Ellis Vice President, Comm | 40 | $265,928 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ops Unlimited Inc | 12/30/21 | $191,566 |
Arabella Advisors | 12/30/21 | $170,000 |
Propulsion Squared | 12/30/21 | $243,000 |
Cambridge Associates | 12/30/21 | $2,040,000 |
Candor & Co Consulting Llc | 12/30/21 | $170,400 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,858,393 |
| Profit on Inventory Sales | $0 |
| Other Income | $205,829 |
| Total Revenue | $54,378,087 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,503,292 |
| Pension plans, employee benefits | $1,923,629 |
| Depreciation | $833,130 |
| Occupancy | $864,444 |
| Travel, conferences, and meetings | $127,171 |
| Printing and publications | $2,883 |
| Total operating and administrative expenses | $19,352,473 |
| Contributions, gifts, grants paid | $89,220,701 |
| Total expenses and disbursements | $108,573,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,488 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $1,151,897,987 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $12,386,756 |
Grants Awarded
Over the last fiscal year, The Heinz Endowments has awarded $127,333,329 in support to 713 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: TO LAUNCH THE CENTER FOR SHARED PROSPERITY AT CARNEGIE MELLON UNIVERSITY: (THE "CENTER"), A UNIVERSITY-COMMUNITY PARTNERSHIP TO ADDRESS BARRIERS TO EQUALITY IN PITTSBURGH | $25,000,000 |
Pittsburgh, PA PURPOSE: TO LAUNCH THE CENTER FOR SHARED PROSPERITY AT CARNEGIE MELLON UNIVERSITY: (THE "CENTER"), A UNIVERSITY-COMMUNITY PARTNERSHIP TO ADDRESS BARRIERS TO EQUALITY IN PITTSBURGH | $5,000,000 |
Pittsburgh, PA PURPOSE: TO SUPPORT THE PITTSBURGH CULTURAL TREASURES INITIATIVE, IN PARTNERSHIP WITH THE FORD FOUNDATION AND THE POISE FOUNDATION | $4,000,000 |
Pittsburgh, PA PURPOSE: TO ADDRESS PSO PENSION OBLIGATIONS | $3,000,000 |
Pittsburgh, PA PURPOSE: TO SUPPORT THE REDEVELOPMENT OF THE NEW GRANADA THEATER TO SPUR THE REVITALIZATION OF CENTRE AVENUE AND REBUILD THE COMMERCIAL CORRIDOR AND CULTURAL VITALITY IN THE HILL DISTRICT | $1,750,000 |
TREE OF LIFE CONGREGATION PURPOSE: TO SUPPORT TREE OF LIFE IN REBUILDING AND REIMAGINING THEIR FUTURE AFTER THE WORST INCIDENT OF ANTISEMITISM IN U.S. HISTORY TOOK PLACE ON 10/27/18 | $1,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $14,837,880,900 | $1,125,174,588 |
Rockefeller Foundation New York, NY | $7,467,445,865 | $704,223,491 |
Simons Foundation Inc New York, NY | $4,513,699,772 | $129,477,470 |
Bloomberg Family Foundation Inc New York, NY | $0 | $1,259,941,914 |
Leona M & Harry B Helmsley Charitable Trust New York, NY | $8,313,587,896 | $723,181,306 |
Jp Morgan Chase Foundation New York, NY | $675,856,149 | $488,434,024 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $207,296,108 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,648,950,543 | $383,215,006 |
Doris Duke Charitable Foundation Inc New York, NY | $2,668,517,046 | $296,413,800 |
Shelby Cullom Davis Charitable Fund Inc Wilmington, DE | $2,798,959,665 | $325,311,650 |
Hillman Family Foundations Pittsburgh, PA | $2,323,141,190 | $264,701,739 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |