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Nonprofiteer
← RALPH C HELLER FOUNDATION INC

Form 990 for tax year 2023

Filed by RALPH C HELLER FOUNDATION INC.

Totals

Total revenue
$1,214,558
Total expenses
$783,042
Contributions and grants received
$0
Grants paid
$712,394
Program service revenue
$0
Investment income
$1,214,558
Other revenue
$0
Total assets, end of year
$13,134,665
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$13,134,665
Program services expenses (Part IX)
$712,394
Management and general expenses
$70,648
Fundraising expenses
$0
Program service expenses (Part III)
$712,395

Program services were 91.0% 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.

  • 3 · Investment income

    total $340,657 · excluded $340,657

  • 7a · Gross sales of assets other than inventory

    securities $12,566,256

  • 7b · Less cost or other basis and sales expenses

    securities $11,692,355

  • 7c · Gain or loss

    securities $873,901

  • 7d · Net gain or loss

    total $873,901 · related or exempt $873,901

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $712,394 · program services $712,394

  • 11a · Fees: management

    total $5,853 · management and general $5,853

  • 11f · Fees: investment management

    total $60,458 · management and general $60,458

  • 24a · Other expenses: Foreign Taxes

    total $1,120 · management and general $1,120

  • 24b · Other expenses: Foreign Taxes on Q Divs

    total $1,722 · management and general $1,722

  • 24c · Other expenses: ADR Service Fees

    total $148 · management and general $148

  • 24d · Other expenses: Foreign Taxes on NQ Divs

    total $797 · management and general $797

  • 24e · All other expenses

    total $550 · management and general $550

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $462,939 · end of year $863,014

  • 11 · Investments: publicly traded securities

    beginning of year $12,240,668 · end of year $12,271,651

  • 31 · Retained earnings, endowment or other funds

    beginning of year $12,703,607 · end of year $13,134,665

Mission and programs · 2023

Mission

FINANCIAL SUPPORT OF JOHNS HOPKINS HOSPITAL, UNION MEMORIAL HOSPITAL AND SINAI HOSPITAL OF BALTIMORE FOR HEART AND CANCER RESEARCH AND TREATMENT.

  • THE JOHNS HOPKINS HOSPITAL GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT

    Expenses $237,465 · Grants $237,465

  • SINAI HOSPITAL OF BALTIMORE GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT

    Expenses $237,465 · Grants $237,465

  • THE MEDSTAR UNION MEMORIAL HOSPITAL GIFTS ARE USED FOR HEART AND CANCER RESEARCH AND TREATMENT

    Expenses $237,465 · Grants $237,465

As filed on the 2023 return.

Listed in Part VII

  • JOEL SIMON

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • GREG MILLER

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • KRISTI RASMUSSEN

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

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.

Provenance

Return type
form_990
Tax year
2023
Filed
12 April 2024
IRS schema version
2023v5.0
Source object
202431149349300528

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