Totals
- Total revenue
- $100,963,350
- Total expenses
- $107,739,177
- Contributions and grants received
- $97,801,739
- Grants paid
- $1,660,000
- Program service revenue
- $83,247
- Investment income
- $2,593,654
- Other revenue
- $484,710
- Total assets, end of year
- $415,053,399
- Total liabilities, end of year
- $67,369,575
- Net assets or fund balances, end of year
- $347,683,824
- Program services expenses (Part IX)
- $87,694,931
- Management and general expenses
- $3,399,209
- Fundraising expenses
- $16,645,037
- Program service expenses (Part III)
- $87,694,931
Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$97,801,739
-
1g · Noncash contributions included above
$3,438,215
-
2a · Program service revenue: MEDIA & PUBLICATION
total $83,247 · related or exempt $83,247
-
3 · Investment income
total $3,010,764 · excluded $3,010,764
-
5 · Royalties
total $44,350 · excluded $44,350
-
6a · Gross rents
real property $827,209
-
6b · Less rental expenses
real property $2,464,902
-
6c · Rental income or loss
real property -$1,637,693
-
6d · Net rental income or loss
total -$1,637,693 · excluded -$1,637,693
-
7a · Gross sales of assets other than inventory
securities $42,314,003
-
7b · Less cost or other basis and sales expenses
securities $42,365,148 · other assets $365,965
-
7c · Gain or loss
securities -$51,145 · other assets -$365,965
-
7d · Net gain or loss
total -$417,110 · excluded -$417,110
-
11a · Other revenue: OTHER INCOME
total $2,078,053 · excluded $2,078,053
-
11e · Other revenue, total
$2,078,053
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,465,000 · program services $1,465,000
-
2 · Grants to domestic individuals
total $195,000 · program services $195,000
-
5 · Compensation of officers, directors and key employees
total $5,899,145 · program services $4,957,063 · management and general $121,120 · fundraising $820,962
-
7 · Other salaries and wages
total $34,309,595 · program services $29,013,176 · management and general $628,525 · fundraising $4,667,894
-
8 · Pension plan contributions
total $2,167,529 · program services $1,763,808 · management and general $67,065 · fundraising $336,656
-
9 · Other employee benefits
total $4,377,524 · program services $3,588,035 · management and general $132,081 · fundraising $657,408
-
10 · Payroll taxes
total $2,740,658 · program services $2,231,080 · management and general $83,715 · fundraising $425,863
-
11b · Fees: legal
total $1,177,491 · program services $1,051,001 · management and general $84,098 · fundraising $42,392
-
11c · Fees: accounting
total $106,114 · program services $88,704 · management and general $2,892 · fundraising $14,518
-
11e · Fees: professional fundraising services
total $2,174,817 · fundraising $2,174,817
-
11f · Fees: investment management
total $791,929 · program services $644,796 · management and general $24,171 · fundraising $122,962
-
11g · Fees: other
total $12,593,175 · program services $11,969,987 · management and general $404,892 · fundraising $218,296
-
12 · Advertising and promotion
total $1,359,531 · program services $724,935 · management and general $65,929 · fundraising $568,667
-
13 · Office expenses
total $13,360,336 · program services $10,268,123 · management and general $46,648 · fundraising $3,045,565
-
14 · Information technology
total $3,568,021 · program services $2,509,128 · management and general $79,238 · fundraising $979,655
-
16 · Occupancy
total $4,123,246 · program services $3,384,831 · management and general $463,893 · fundraising $274,522
-
17 · Travel
total $1,863,800 · program services $1,352,539 · management and general $34,512 · fundraising $476,749
-
18 · Travel or entertainment for public officials
total $23,356 · program services $23,356
-
19 · Conferences, conventions and meetings
total $8,778,242 · program services $7,504,119 · management and general $479,881 · fundraising $794,242
-
20 · Interest
total $246,775 · program services $180,698 · management and general $31,588 · fundraising $34,489
-
22 · Depreciation, depletion and amortization
total $3,928,418 · program services $2,858,518 · management and general $524,274 · fundraising $545,626
-
23 · Insurance
total $192,130 · program services $150,414 · management and general $34,107 · fundraising $7,609
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $1,904,516 · program services $1,437,652 · management and general $83,556 · fundraising $383,308
-
24b · Other expenses: HONORARIA/WRITER'S FEES
total $217,617 · program services $217,617
-
24c · Other expenses: BOOKS & PRODUCTS
total $139,419 · program services $87,079 · management and general $4,476 · fundraising $47,864
-
24d · Other expenses: OTHER EXPENSES
total $35,793 · program services $28,272 · management and general $2,548 · fundraising $4,973
-
26 · Joint costs (an allocation of the lines above)
total $13,512,132 · program services $11,902,357 · management and general $0 · fundraising $1,609,775
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,324 · end of year $2,742
-
2 · Savings and temporary cash investments
beginning of year $31,156,430 · end of year $39,404,695
-
3 · Pledges and grants receivable
beginning of year $28,322,751 · end of year $26,864,420
-
4 · Accounts receivable
beginning of year $145,225 · end of year $259,911
-
9 · Prepaid expenses and deferred charges
beginning of year $2,361,949 · end of year $2,443,323
-
10a · Land, buildings and equipment: cost or other basis
$163,872,080
-
10b · Land, buildings and equipment: accumulated depreciation
$52,544,042
-
10c · Land, buildings and equipment, net
beginning of year $101,240,569 · end of year $111,328,038
-
11 · Investments: publicly traded securities
beginning of year $134,208,492 · end of year $131,617,233
-
12 · Investments: other securities
beginning of year $83,594,147 · end of year $97,351,561
-
15 · Other assets
beginning of year $6,633,278 · end of year $5,781,476
-
17 · Accounts payable and accrued expenses
beginning of year $9,351,311 · end of year $9,690,494
-
24 · Unsecured notes and loans payable
beginning of year $35,211,409 · end of year $46,815,280
-
25 · Other liabilities
beginning of year $11,114,574 · end of year $10,863,801
-
27 · Net assets without donor restrictions
beginning of year $227,926,925 · end of year $242,621,488
-
28 · Net assets with donor restrictions
beginning of year $104,060,946 · end of year $105,062,336
Mission and programs · 2023
Mission
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.
-
PUBLIC POLICY RESEARCH:THE HERITAGE FOUNDATION (THE "FOUNDATION") PRODUCES RESEARCH PAPERS ANNUALLY, INCLUDING ISSUE BRIEFS, BLOG POSTS, FACT SHEETS, BACKGROUNDERS, GUIDES, AND BOOKS ADDRESSING A BROAD RANGE OF ECONOMIC, DOMESTIC, FOREIGN, NATIONAL SECURITY, AND LEGAL POLICY ISSUES. THE FOUNDATION PUBLISHED 35 ISSUE BRIEFS, 59 BACKGROUNDERS, 25 LEGAL MEMORANDA, 16 FACTSHEETS AND 12 SPECIAL REPORTS. THE FOUNDATION ALSO REGULARLY PUBLISHES CONTENT ACROSS SOCIAL MEDIA PLATFORMS AS THE PUBLIC HAS SHIFTED ITS CONTENT AND CONSUMPTION TO THOSE CHANNELS.DURING 2023, THE FOUNDATION RELEASED ITS ANNUAL INDEX OF U.S. MILITARY STRENGTH THAT MEASURES THE U.S. MILITARY'S ABILITY TO PERFORM ITS MISSIONS IN TODAY'S WORLD AS WELL AS ITS INDEX OF ECONOMIC FREEDOM MEASURING THE IMPACT OF LIBERTY AND FREE MARKETS AROUND THE GLOBE, WHILE CONFIRMING THE FORMIDABLE POSITIVE RELATIONSHIP BETWEEN ECONOMIC FREEDOM AND PROGRESS.ALSO RELEASED IN 2023 WAS THE FOUNDATION'S ELECTION INTEGRITY SCORECARD THAT IS INTENDED TO HELP ENSURE THAT THE DEFECTS IN OUR ELECTION PROCESS ARE FIXED SO THAT ALL AMERICANS CAN HAVE CONFIDENCE IN THE FAIRNESS OF ELECTIONS BY COMPARING THE ELECTION LAWS AND REGULATIONS OF EACH STATE THAT AFFECT THE SECURITY AND INTEGRITY OF THE PROCESS TO THE FOUNDATION'S BEST PRACTICES. THE FOUNDATION'S EDUCATION FREEDOM REPORT CARD MEASURES FOUR CATEGORIES (EDUCATION CHOICE, TEACHER FREEDOM, TRANSPARENCY, AND RETURN ON INVESTMENT) THAT ENCOMPASS MORE THAN TWO DOZEN DISCRETE FACTORS TO INFORM PARENTS AND POLICYMAKERS OF WHAT THEIR STATES DO WELL AND WHERE THEY NEED IMPROVEMENT.THE FOUNDATION'S PROJECT 2025 PRESIDENTIAL TRANSITION PROJECT PUBLISHED THE NINTH EDITION OF "THE MANDATE FOR LEADERSHIP: THE CONSERVATIVE PROMISE" IN 2023, A COMPREHENSIVE POLICY GUIDE FOR THE NEXT CONSERVATIVE U.S. PRESIDENT.THE MANDATE FOR LEADERSHIP SERIES DATES BACK TO THE EARLY 1980'S. THESE PUBLICATIONS ALL ANALYZE 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 AND SOCIAL MEDIA CHANNELS, WHICH IS VIEWED BY MILLIONS.ADDITIONAL INFORMATION IS AVAILABLE IN OUR 2023 ANNUAL REPORT, AVAILABLE ONLINE AT HTTPS://WWW.HERITAGE.ORG/ARTICLE/THE-HERITAGE-FOUNDATIONS-FINANCIAL-INFORMATION
Expenses $38,786,751 · Grants $55,000
-
EDUCATIONAL PROGRAMS AND COMMUNICATIONS:THE FOUNDATION HOSTS EVENTS AND SPONSORS PROGRAMS TO EDUCATE POLICYMAKERS, GOVERNMENT OFFICIALS, THE ACADEMIC COMMUNITY, JOURNALISTS, AND THE GENERAL PUBLIC ON TOPICS RANGING FROM THE CONSTITUTION AND CIVIL SOCIETY TO POLITICAL PHILOSOPHY AND LEGAL JURISPRUDENCE.IN 2023, THE FOUNDATION CELEBRATED ITS 50TH ANNIVERSARY BY HOLDING A CELEBRATION THAT CONVENED OVER 2,000 CONSERVATIVE MOVEMENT LEADERS, DONORS, POLICYMAKERS, JOURNALISTS, STAFF, AND STAFF ALUMNI FOR THREE DAYS OF POLICY-BASED PROGRAMMING, NETWORKING, AND ENTERTAINMENT TO MARK 50 YEARS OF LEADERSHIP IN THE CONSERVATIVE MOVEMENT.IN ADDITION, THE FOUNDATION'S EVENTS & DIGITAL TEAMS PRODUCED OVER 100 LIVE AND VIRTUAL PUBLIC EVENTS, ATTRACTING MORE THAN 47,000 VIRTUAL AND IN-PERSON ATTENDEES. POST-EVENT IMPRESSIONS, INCLUDING PODCAST LISTENS AND YOUTUBE VIEWS, TOTALED OVER 19 MILLION. SPEAKERS INCLUDED CURRENT AND FORMER GOVERNMENT OFFICIALS. OVER 235 INDIVIDUALS, IN AND OUTSIDE THE ORGANIZATION, SPOKE AT OUR PUBLIC EVENTS. ALL EVENTS WERE STREAMED VIRTUALLY AND HAD AN IN-PERSON AUDIENCE.THE FOUNDATION'S INTERN PROGRAM HOSTED A TOTAL OF 158 INTERNS IN A FULLY IMMERSIVE EDUCATIONAL AND WORK-STUDY EXPERIENCE. 287 YOUNG PROFESSIONALS PARTICIPATED IN THE FOUNDATION'S ONLINE EDUCATIONAL SERIES, THE HERITAGE ACADEMY. THE FOUNDATION'S GOVERNMENT RELATIONS HOSTED 139 POLICY BRIEFING EVENTS IN 2023 WITH PARTICIPATION FROM MULTIPLE CONGRESSIONAL OFFICES. PARTICIPANTS INCLUDED MEMBERS OF CONGRESS, LEGISLATIVE STAFFERS, COMMUNICATIONS DIRECTORS, AND CHIEFS OF STAFF.
Expenses $35,372,553 · Grants $1,545,000 · Revenue $83,247
-
MEDIA. GOVERNMENT RELATIONS, AND OUTREACH:THE 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 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. THE FOUNDATION DELIVERED 25 CONGRESSIONAL TESTIMONIES AND 9 STATE LEGISLATIVE TESTIMONIES. THE FOUNDATION'S OUTREACH EFFORTS INCLUDE INVESTING IN NEARLY 60 ALLIES, SUPPORTING OVER 100 EVENTS ACROSS DOZENS OF STATES.THE OVERSIGHT PROJECT ESTABLISHED TO WORK FOR A U.S. GOVERNMENT THAT IS RESPONSIBLE, AND ACCOUNTABLE TO ITS CITIZENS FILED 2,100 FREEDOM OF INFORMATION ACT (FOIA) REQUESTS WITH THE CURRENT ADMINISTRATION IN ADDITION TO VARIOUS STATE GOVERNMENTS.
Expenses $13,535,627 · Grants $60,000
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Barb Van Andel-GabyBARB VAN ANDEL-GABY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Michael W GlebaMICHAEL W GLEBA
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Edwin Meese IIIEDWIN MEESE III
CONSULTANT & TRUSTEE
- Total calculated
- $36,000
- From this org
- $36,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 6
-
Larry P Arnn PhDLARRY P ARNN PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
John ColemanJOHN COLEMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Edwin J Feulner PhDEDWIN J FEULNER PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Robert P GeorgeROBERT P GEORGE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ryan HaggertyRYAN HAGGERTY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Price HardingPRICE HARDING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Virginia HeckmanVIRGINIA HECKMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark A KolokotronesMARK A KOLOKOTRONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Rebekah A MercerREBEKAH A MERCER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Abby Spencer MoffatABBY SPENCER MOFFAT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nersi Nazari PhDNERSI NAZARI PHD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Darryle OwensDARRYLE OWENS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Anthony J SalibaANTHONY J SALIBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brian TracyBRIAN TRACY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Kevin RobertsKEVIN ROBERTS
PRESIDENT
- Total calculated
- $926,195
- From this org
- $670,981
- From related orgs
- $167,745
- Other
- $87,469
- Hours/week
- 32 + 8 related
Schedule J breakdown matched by us
- Base
- $411,733 + $102,933 related
- Bonus
- $240,240 + $60,060 related
- Other
- $19,008 + $4,752 related
- Deferred
- $61,513 + $15,378 related
- Nontaxable benefits
- $30,642 + $7,661 related
- Filer's total
- $763,136 + $190,784 related
-
Derrick MorganDERRICK MORGAN
EXECUTIVE VICE PRESIDENT
- Total calculated
- $626,943
- From this org
- $540,696
- From related orgs
- $0
- Other
- $86,247
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $389,572
- Bonus
- $150,300
- Other
- $824
- Deferred
- $76,891
- Nontaxable benefits
- $35,955
- Filer's total
- $653,542
-
Eric KorsvallERIC KORSVALL
CHIEF OPERATING OFFICER
- Total calculated
- $509,956
- From this org
- $440,009
- From related orgs
- $0
- Other
- $69,947
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $318,611
- Bonus
- $120,300
- Other
- $1,098
- Deferred
- $60,591
- Nontaxable benefits
- $35,638
- Filer's total
- $536,238
-
John BackielJOHN BACKIEL
VP, FINANCE, ACCOUNTING & TREASURER
- Total calculated
- $352,647
- From this org
- $294,759
- From related orgs
- $0
- Other
- $57,888
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,150
- Bonus
- $50,300
- Other
- $1,309
- Deferred
- $48,532
- Nontaxable benefits
- $35,643
- Filer's total
- $378,934
-
Robert BlueyROBERT BLUEY
VP, COMMUNICATIONS
- Total calculated
- $358,485
- From this org
- $299,859
- From related orgs
- $0
- Other
- $58,626
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $221,496
- Bonus
- $55,300
- Other
- $23,063
- Deferred
- $49,270
- Nontaxable benefits
- $35,638
- Filer's total
- $384,767
-
Christopher ByrnesCHRISTOPHER BYRNES
GEN. COUNSEL & SECRETARY
- Total calculated
- $200,984
- From this org
- $181,883
- From related orgs
- $0
- Other
- $19,101
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $136,337
- Bonus
- $45,004
- Other
- $542
- Deferred
- $14,496
- Nontaxable benefits
- $22,830
- Filer's total
- $219,209
-
James CarafanoJAMES CARAFANO
SR. FELLOW
- Total calculated
- $363,496
- From this org
- $313,731
- From related orgs
- $0
- Other
- $49,765
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $255,000
- Bonus
- $50,300
- Other
- $8,431
- Deferred
- $49,765
- Nontaxable benefits
- $1,694
- Filer's total
- $365,190
-
John MalcolmJOHN MALCOLM
VP, INST. FOR CONSTITUTIONAL GOV'T
- Total calculated
- $353,524
- From this org
- $297,229
- From related orgs
- $0
- Other
- $56,295
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,256
- Bonus
- $50,300
- Other
- $3,673
- Deferred
- $48,651
- Nontaxable benefits
- $22,844
- Filer's total
- $368,724
-
Dan MaulerDAN MAULER
GENERAL COUNSEL & SECRETARY
- Total calculated
- $378,947
- From this org
- $229,850
- From related orgs
- $98,507
- Other
- $50,590
- Hours/week
- 28 + 12 related
Schedule J breakdown matched by us
- Base
- $221,849 + $95,078 related
- Bonus
- $7,525 + $3,225 related
- Other
- $476 + $204 related
- Deferred
- $35,413 + $15,177 related
- Nontaxable benefits
- $990 + $424 related
- Filer's total
- $266,253 + $114,108 related
-
Andrew McIndoeANDREW MCINDOE
VP, DEVELOPMENT
- Total calculated
- $232,654
- From this org
- $210,278
- From related orgs
- $0
- Other
- $22,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $154,884
- Bonus
- $55,000
- Other
- $394
- Deferred
- $17,736
- Nontaxable benefits
- $19,907
- Filer's total
- $247,921
-
Andrew OlivastroANDREW OLIVASTRO
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $336,510
- From this org
- $273,994
- From related orgs
- $0
- Other
- $62,516
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,375
- Bonus
- $32,800
- Other
- $819
- Deferred
- $55,032
- Nontaxable benefits
- $33,433
- Filer's total
- $362,459
-
Roger SeverinoROGER SEVERINO
VP, DOMESTIC POLICY
- Total calculated
- $378,430
- From this org
- $315,355
- From related orgs
- $0
- Other
- $63,075
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $274,137
- Bonus
- $40,300
- Other
- $918
- Deferred
- $50,591
- Nontaxable benefits
- $40,208
- Filer's total
- $406,154
-
Bridgett WagnerBRIDGETT WAGNER
ED THE FEULNER INSTITUTE
- Total calculated
- $329,032
- From this org
- $273,375
- From related orgs
- $0
- Other
- $55,657
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,522
- Bonus
- $45,300
- Other
- $3,553
- Deferred
- $45,301
- Nontaxable benefits
- $35,467
- Filer's total
- $354,143
-
Paul DansPAUL DANS
DIRECTOR, PROJECT 2025
- Total calculated
- $334,002
- From this org
- $295,079
- From related orgs
- $0
- Other
- $38,923
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $263,374
- Bonus
- $30,300
- Other
- $1,405
- Deferred
- $26,698
- Nontaxable benefits
- $39,292
- Filer's total
- $361,069
-
Chad BarefootCHAD BAREFOOT
DIRECTOR, DONOR RELATIONS
- Total calculated
- $314,691
- From this org
- $281,598
- From related orgs
- $0
- Other
- $33,093
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,786
- Bonus
- $55,300
- Other
- $512
- Deferred
- $24,268
- Nontaxable benefits
- $33,780
- Filer's total
- $339,646
-
Mike GonzalezMIKE GONZALEZ
SR. FELLOW
- Total calculated
- $309,699
- From this org
- $259,378
- From related orgs
- $0
- Other
- $50,321
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $225,708
- Bonus
- $30,300
- Other
- $3,370
- Deferred
- $43,096
- Nontaxable benefits
- $34,115
- Filer's total
- $336,589
-
Carsten WalterCARSTEN WALTER
SR. FELLOW
- Total calculated
- $308,498
- From this org
- $258,369
- From related orgs
- $0
- Other
- $50,129
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $219,030
- Bonus
- $35,300
- Other
- $4,039
- Deferred
- $42,904
- Nontaxable benefits
- $33,827
- Filer's total
- $335,100
-
Steven BradburySTEVEN BRADBURY
DISTINGUISHED FELLOW, EVP'S OFFICE
- Total calculated
- $287,327
- From this org
- $265,951
- From related orgs
- $0
- Other
- $21,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $248,920
- Bonus
- $10,300
- Other
- $6,731
- Deferred
- $21,376
- Nontaxable benefits
- $2,767
- Filer's total
- $290,094
-
Jack SpencerJACK SPENCER
SR. RESEARCH FELLOW
- Total calculated
- $225,203
- From this org
- $197,193
- From related orgs
- $0
- Other
- $28,010
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,889
- Bonus
- $300
- Other
- $1,004
- Deferred
- $23,490
- Nontaxable benefits
- $30,900
- Filer's total
- $251,583
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · First-class or charter travel
- 1a · Travel for companions
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- FIRST CLASS OR CHARTER TRAVEL: THE FOUNDATION ALLOWS FIRST CLASS TRAVEL OR CHARTER TRAVEL FOR CERTAIN APPROVED STAFF IN CERTAIN CIRCUMSTANCES, SUCH AS INTERNATIONAL TRAVEL, AND ONLY WHEN CONDUCTING OFFICIAL BUSINESS FOR THE FOUNDATION. IN ACCORDANCE WITH THE FOUNDATION'S TRAVEL POLICIES, ANY AMOUNT PAID BY THE FOUNDATION FOR ANY TRAVEL BY ANY EMPLOYEE THAT IS NOT BUSINESS RELATED IS REQUIRED TO BE REIMBURSED BY THE INDIVIDUAL TO THE FOUNDATION OR IT IS INCLUDED IN THE INDIVIDUAL'S REPORTABLE COMPENSATION ON FORM W-2, BOX 5, AND INCLUDED IN PART VII OF THE FORM 990 AND SCHEDULE J, PART II. TRAVEL FOR COMPANIONS: FROM TIME TO TIME, THE FOUNDATION ALLOWS TRAVEL FOR SPOUSES OF CERTAIN OFFICERS OF THE ORGANIZATION. AMOUNTS PAID FOR TRAVEL FOR COMPANIONS THAT ARE NOT BUSINESS RELATED ARE EITHER REIMBURSED BY THE OFFICER TO THE FOUNDATION OR ARE INCLUDED IN THE OFFICER'S REPORTABLE COMPENSATION ON FORM W-2, BOX 5, AND INCLUDED IN PART VII OF THE FORM 990 AND SCHEDULE J, PART II.
- PART I, LINE 7
- A PORTION OF MANAGEMENT COMPENSATION IS IN THE FORM OF AN ANNUAL BONUS. MANAGEMENT BONUSES ARE CONTINGENT ON ACHIEVING THE ORGANIZATION'S GOALS AND OBJECTIVES AS WELL AS ON THEIR OWN PERFORMANCE AND ACHIEVEMENT OF ESTABLISHED GOALS. BONUSES ARE NOT BASED ON A FIXED FORMULA. GOALS ARE REVIEWED MID-YEAR AND ANNUALLY, AND MONTHLY REPORTS OF ORGANIZATON ACTIVITIES ARE PROVIDED TO THE BOARD.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$500,000
PUBLIC POLICY EDUCATION
-
$300,000
INNOVATION PRIZE
-
OKLAHOMA COUNCIL OF PUBLIC AFFAIRS
$150,000
INNOVATION PRIZE
-
NATIONAL ASSOCIATION OF SCHOLARS
$100,000
INNOVATION PRIZE
-
$100,000
INNOVATION PRIZE
-
$100,000
INNOVATION PRIZE
-
GENERAL OPERATIONS
-
$50,000
GENERAL OPERATIONS
-
$40,000
GENERAL OPERATIONS
-
PUBLIC POLICY EDUCATION
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(4) · ADVOCACY · DC
Directly controlled by THE HERITAGE FOUNDATION
-
501(C)(3) · PUBLIC CHARITY · DC
Directly controlled by THE HERITAGE FOUNDATION
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
INTERN HOUSING LLC
HOUSING · DE · income $562,043 · assets $136,157
Directly controlled by THE HERITAGE FOUNDATION
-
MASSACHUSETTS AVENUE PROPERTIES LLC
REAL ESTATE · DE · income $553,928 · assets $28,227,860
Directly controlled by THE HERITAGE FOUNDATION
-
3RD STREET PROPERTIES LLC
REAL ESTATE · DE · income $123,900 · assets $16,183,048
Directly controlled by THE HERITAGE FOUNDATION
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
AMERICAN DREAM BROADCASTING INC
C · BROADCASTING SERVICES · DC · 100% owned · share of assets $4,649 · controlled entity
Directly controlled by HERITAGE ACTION FOR AMERICA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443129349303214
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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