Overview

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Est.

1973

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

THE HERITAGE FOUNDATION is a public affairs and national defense nonprofit based on a mission to formulate and promote conservative public policies grounded in free enterprise, limited government, individual freedom, traditional American values, and a strong national defense. In filing year 2024, it reported an operating budget of $133.2 million and total revenue of $133.9 million, with major support from DIANA DAVIS SPENCER FOUNDATION INC, SARAH SCAIFE FOUNDATION INCORPORATED, and RICHARD & BARBARA GABY FOUNDATION CO BRIDGES & DUNN-RANKIN LLP.

Mission Statement

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.
Revenues
$133.9M
Expenses
$142.2M
Net Income:
-$8.3M
Assets
$413.8M
Liabilities
$80.3M
Net Assets:
+$333.6M
Operating Budget
$133.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
472
Median grant size
$5K
Largest grant received
$5M
K
Kevin Roberts
Board Member
E
Edwin Meese Iii
Board Member
L
Larry P Arnn PHD
Board Member
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  • 1.3K funders
  • 88 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is THE HERITAGE FOUNDATION’s budget?
In 2024, THE HERITAGE FOUNDATION reported an annual operating budget of around $133.2 million. More detailed financial information is available to registered users.
What causes does THE HERITAGE FOUNDATION support?
THE HERITAGE FOUNDATION supports work in National defense and Public affairs.
Where does THE HERITAGE FOUNDATION operate?
THE HERITAGE FOUNDATION is headquartered in Washington, DC.
Who funded THE HERITAGE FOUNDATION recently?
In 2025, THE HERITAGE FOUNDATION received grants from COMERICA CHARITABLE TRUST, ARIZONA COMMUNITY FOUNDATION, and RAYMOND JAMES CHARITABLE ENDOWMENT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant THE HERITAGE FOUNDATION received in 2024?
The largest grant to THE HERITAGE FOUNDATION in 2024 exceeds $5 million.