Walter E Heller Foundation is located in Dallas, TX. The organization was established in 1962. 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. Walter E Heller 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, Walter E Heller Foundation generated $637.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $17.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Mary J Termondt Co Bank Of America Director Emeritus | 1 | $66,016 | |
| M Catherine Ryan Cobank Of America President/director | 1 | $0 | |
| Carol Sonnschein Sadow Director | 1 | $0 | |
| Allan C Ryan IV Treasurer/director | 1 | $0 | |
| Bank Of America N A Agent For Fiduciary | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $259,349 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $377,777 | 
| Capital Gain Net Income | $377,777 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $0 | 
| Other Income | $0 | 
| Total Revenue | $637,126 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $66,016 | 
| Other employee salaries and wages | $0 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $20,071 | 
| Depreciation | $0 | 
| Occupancy | $0 | 
| Travel, conferences, and meetings | $0 | 
| Printing and publications | $0 | 
| Other expenses | $1,132 | 
| Total operating and administrative expenses | $133,809 | 
| Contributions, gifts, grants paid | $17,467,024 | 
| Total expenses and disbursements | $17,600,833 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 | 
| Savings and temporary cash investments | $0 | 
| 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 | $0 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $0 | 
| 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 | $0 | 
| Total liabilities | $0 | 
Over the last fiscal year, Walter E Heller Foundation has awarded $17,467,024 in support to 2 organizations.
| Grant Recipient | Amount | 
|---|---|
| THE CHICAGO COMMUNITY TRUST PURPOSE: UNRESTRICTED GENERAL | $16,587,024 | 
| SEE ATTACHED PURPOSE: UNRESTRICTED GENERAL | $880,000 |