The Heritage Foundation
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.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$413.8M
-0.3% YoY
Annual Giving
$8.7M
+495.2% YoY
Grant Count
26
+100.0% YoY
Avg Grant Size
$335K
+197.6% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $413,819,868 | $415,053,399 | $387,665,165 |
| Revenue | $133,868,147 | $100,963,350 | $106,329,524 |
| Expenses | $142,200,535 | $107,739,177 | $93,668,116 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $26,888,137 | $2,593,654 | $9,482,864 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does The Heritage Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN ROBERTS | PRESIDENT | 32 | $682,571 |
| BARB VAN ANDEL-GABY | CHAIRMAN | 2 | — |
| MICHAEL W GLEBA | VICE CHAIRMAN | 2 | — |
| LARRY P ARNN PHD | TRUSTEE | 1 | — |
| JOHN COLEMAN | TRUSTEE | 1 | — |
| EDWIN J FEULNER PHD | TRUSTEE | 1 | — |
| ROBERT P GEORGE | TRUSTEE | 1 | — |
| RYAN HAGGERTY | TRUSTEE | 1 | — |
| PRICE HARDING | TRUSTEE | 1 | — |
| VIRGINIA HECKMAN | TRUSTEE | 1 | — |
| MARK A KOLOKOTRONES | TRUSTEE | 1 | — |
| SHANE MCCULLAR | TRUSTEE | 1 | — |
| EDWIN MEESE III | TRUSTEE | 2 | $36,000 |
| REBEKAH A MERCER | TRUSTEE | 1 | — |
| ABBY SPENCER MOFFAT | TRUSTEE | 1 | — |
| NERSI NAZARI PHD | TRUSTEE | 2 | — |
| DARRYLE OWENS | TRUSTEE | 1 | — |
| ANTHONY J SALIBA | TRUSTEE | 1 | — |
| BRIAN TRACY | TRUSTEE | 1 | — |
| DERRICK MORGAN | EXECUTIVE VICE PRESIDENT | 39 | $545,991 |
| ERIC KORSVALL | CHIEF OPERATING OFFICER | 39 | $444,117 |
| JOHN BACKIEL | VP, FINANCE, ACCOUNTING & TREASURER | 39 | $313,985 |
| DAN MAULER | GENERAL COUNSEL & SECRETARY | 28 | $262,036 |
| ANDREW OLIVASTRO | CHIEF ADVANCEMENT OFFICER | 39 | $368,437 |
| ROBERT BLUEY | VP, COMMUNICATIONS | 24 | $184,576 |
| JOHN MALCOLM | VP, INST. FOR CONSTITUTIONAL GOV'T | 40 | $310,173 |
| ROGER SEVERINO | VP, DOMESTIC POLICY | 40 | $351,528 |
| ROBERT BARRO | DISTINGUISHED FELLOW | 40 | $357,723 |
| BRIDGETT WAGNER | ED, THE FEULNER INSTITUTE | 40 | $289,760 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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