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Category: Philanthropy, Voluntarism, and Public Benefit

Heritage Foundation

AKA THF

Washington, DC

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Heritage Foundation

Also Known As:
THF
Physical Address:
Washington, DC 20002 4958
EIN:
23-7327730
Web URL:
www.heritage.org
Leadership:
Dr. Edwin Feulner, Chief Executive

Legitimacy Information

  • This organization is registered with the IRS.
  • This organization is required to file an IRS Form 990 or 990-EZ.

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Forms 990 from IRS Additional Information IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar Web site is an ongoing process.

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Annual Revenue & Expenses Additional Information Financial information on GuideStar is either digitized from Form 990 images we receive from the IRS or submitted by the nonprofits themselves through the GuideStar Exchange (990 filers cannot override Form 990 financial data). If your organization does not file a Form 990, 990-EZ, or 990-PF and you would like to have your financial data displayed in this section, join the GuideStar Exchange today!

Fiscal Year Starting: Jan 01, 2010
Fiscal Year Ending: Dec 31, 2010
Revenue
Total Revenue $78,253,864
Expenses
Total Expenses $80,378,250

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.
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Basic Organization Information

Heritage Foundation

Also Known As:
THF
Physical Address:
Washington, DC 20002 4958
EIN:
23-7327730
Web URL:
www.heritage.org 
NTEE Category:
W Public, Society Benefit 
W22 Public Finance, Taxation, Monetary Policy 
W Public, Society Benefit 
W24 Citizen Participation 
W Public, Society Benefit 
W99 Public, Society Benefit - Multipurpose and Other N.E.C. 
Year Founded:
1973 
Ruling Year:
1973 

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Mission Statement

Heritage is a research and educational institute that formulates and promotes conservative public policies based on free enterprise, limited government, individual freedom, traditional American values and a strong national defense. Heritage’s accurate, timely research on foreign and domestic policy is hand-delivered to the Administration and Members of Congress and posted on the Web at www.heritage.org. Our policy experts produce more than 200 papers a year that end up in the hands of lawmakers and on the pages and airwaves of the news media. Our ideas formed the core of the historic 1996 Welfare Reform Act. Our research and on-line tax calculator propelled President George W. Bush’s 10-year tax cut through Congress. And, in the days and weeks following the September 11 terrorist attacks, Heritage drew from our considerable foreign policy expertise to flood the news media with calm, reasoned analysis of the horrific events. President Bush’s top political adviser, Karl Rove, calls Heritage “the intellectual centerpiece in Washington for conservative ideas.” As America’s leading conservative think tank, Heritage believes our nation has drifted from its founding principles. We are dedicated to leading it back on course.

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Revenue and Expenses

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Balance Sheet

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Financial SCAN

Financial SCAN

Key Financial SCAN Features

  • Financial Health Dashboard: Highlights key financial trends and ratios for a selected nonprofit organization over a period of up to five years.
  • Peer Comparison Dashboard: Compares the organization's financials with up to five peer nonprofits that you select.
  • Graphical Analysis: Provides multi-year graphs and an interpretive guide in a format ready to present to your clients.
  • Printable PDF Report: Provides a complete analysis of the organization for your records. The full report tells you what to look for and why it matters.
  • Advanced Search: Allows you to search by EIN (Employer Identification Number), organization name, city, state, revenue, expenses, and assets.


Forms 990 Provided by the Nonprofit

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Financial Statements

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Annual Reports

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Organizational Statistics

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Chief Executive

Dr. Edwin Feulner

Chief Executive Profile:

Edwin J. FeulnerÕs leadership as President of The Heritage Foundation has transformed the think tank from a small policy shop into AmericaÕs powerhouse of conservative ideas and what the New York Times calls Òthe Parthenon of the conservative metropolis.Ó Under Feulner, HeritageÕs presence in Washington grew from a nine-member staff working out of a rented office on Capitol Hill in 1977 to a 255-person organization occupying three office buildings near the U.S. Capitol today. ÒThis has been a conscious goal of The Heritage FoundationÑto be a permanent Washington presence,Ó Feulner wrote in the introduction to one of his books, The March of Freedom. ÒWe have set out to make conservative ideas not just respectable but mainstream. To set the terms of national policy debate. To offer not a lament for a lost America, but positive, practical, free market alternatives to the failed liberal policies of the old order.Ó FeulnerÕs work in the conservative movement throughout his life has earned him praise from a range of individuals from Heritage donors to U.S. Presidents. ÒBy building an organization dedicated to ideas and their consequences, he has helped to shape the policy of our Government. His has been a voice of reason and values in service to his country and the cause of freedom around the world,Ó read the citation of the Presidential Citizens Medal, given to Feulner on Jan. 18, 1989, by President Ronald Reagan. FeulnerÕs leadership has been internationally recognized. The Daily Telegraph (UK) named him one of the 100 most influential conservatives in America in 2007 and 2010. In a 2009 Forbes magazine article, Karl Rove ranked Feulner the 6th most powerful conservative in Washington. That same year, he was featured by the Fox News Channel on Fox News Sunday as host Chris WallaceÕs ÒPower Player of the Week.Ó In July 2010, he was included in Townhall magazineÕs list of Òthe 100 Americans the Left hates most.Ó In April 2009, the Intercollegiate Studies Institute (ISI) conferred upon Feulner the Charles Hoeflich Lifetime Achievement Award. Feulner first joined The Heritage Foundation as a founding Trustee in 1973. He later became President in 1977, HeritageÕs fourth in four years. After accepting the job, Feulner was determined to chart a new course for the struggling think tank. He did not want to lead a group of academics that would write studies, place them on a shelf and hope someone important would read them. Instead, Feulner decided that Heritage would operate like a business that expected progress from its analysts and results from their policy studies. Heritage would achieve these results by creating timely, concise studies and aggressively marketing them to Congress, policymakers and the media. This Òbriefcase testÓ concept became a model for other think tanks to follow. In fact, HeritageÕs success has led many liberals to try to create a Òliberal Heritage FoundationÓ to counter the think tankÕs influence. Ò[Conservatives] worked on it for 30 years and theyÕve got it,Ó former President Bill Clinton complained in a 2003 appearance on NBCÕs Today show. ÒTheyÕve got everything from The Heritage Foundation, the sympathetic newspapers, to sympathetic cable programs ÉÓ This didnÕt happen by accident. Feulner works tirelessly. He travels more than 150,000 miles a year, crisscrossing the United States and the globe to meet with leaders and help spread the ideals of individual liberty, economic freedom, rule of law, and family values. ÒAlthough his ways are entirely unassuming, one pauses É to wonder how Ed Feulner manages as he does,Ó wrote National Review founder William F. Buckley Jr. in an introduction to The Power of Ideas, a 1997 book on HeritageÕs history. ÒIt helps that he disposes of the requisite biological and temperamental attributesÑthe capacity to go many hours without sleep, to travel endlessly attending to caseloads of work, to endure a day of meetings that begin at breakfast and end at midnight.Ó FeulnerÕs schedule is often full because of the many hats he has worn over the years: He is the former President and current Treasurer of the Mont Pelerin Society; he has served as a Trustee and former Chairman of the Board of ISI; a Board Member of the National Chamber Foundation; a Board Member of the Institut dÕ Etudes Politiques; a member of the Board of Trustees of Regis University in Denver; and President of the Philadelphia Society, of which he is a Distinguished Member. Feulner is a member of the Advisory Board of the Public Diplomacy Collaborative at Harvard UniversityÕs Kennedy School of Government. He is past Director of the Sequoia Bank, the Council for National Policy, the Acton Institute, the International Republican Institute, the American Council on Germany, the Lehrman Institute, and George Mason University. He is a longtime officer and director of three grant-making foundations: the Sarah Scaife Foundation, the Aequus Institute, and the Thomas A. Roe Foundation. Feulner formerly served as a member of the Gingrich-Mitchell Congressional U.N. Reform Task Force (2005) and on the Congressional Commission on International Financial Institutions (ÒMeltzer CommissionÓ) from 1999-2000. He was the Vice Chairman of the National Commission on Economic Growth and Tax Reform (ÒKemp CommissionÓ) from 1995-1996. As Chairman of the U.S. Advisory Commission on Public Diplomacy (1982-91), he was confirmed by the U.S. Senate on three occasions. He served as the Public Member (Ambassador) of the U.S. Delegation to the United Nations Second Special Session on Disarmament in New York, as a consultant for domestic policy to President Reagan, and as an adviser to several government departments and agencies. Feulner speaks frequently both in the United States and abroad, and has been awarded honorary degrees from 15 colleges and universities. He has been declared a Benefactor of the University of Edinburgh, and has received honors from the governments of Taiwan and South Korea. But his heart belongs to Heritage Ð and to the thousands of colleagues and supporters he has worked with over the decades. ÒI canÕt stress it enough,Ó Feulner said in 2002 on his 25th anniversary as president. ÒIf you donÕt have the right people, you wonÕt have the success Heritage has had over the years.Ó Edwin John Feulner Jr. was born Aug. 12, 1941, in Chicago to Helen Joan Feulner and Edwin J. Feulner Sr., who owned a real estate firm. After growing up in Elmhurst, Ill., Feulner attended Regis University in Denver. There he read Arizona Sen. Barry GoldwaterÕs best-selling manifesto, The Conscience of a Conservative and Russell KirkÕs The Conservative Mind, which influenced his thinking and the direction of his life. He graduated from Regis University with a bachelorÕs degree in English, and received an MBA from the University of PennsylvaniaÕs Wharton School of Business in 1964. He later attended Georgetown University and the London School of Economics, and then earned a doctorate degree at the University of Edinburgh in 1981. Feulner began his Washington career as Public Affairs Fellow for the Center for Strategic Studies (now the Center for Strategic and International Studies) and at the Hoover Institution at Stanford University, where he wrote on subjects such as trade with the Soviet Union. He later became a confidential assistant to Rep. and later Defense Secretary Melvin R. Laird (R-WI). Afterward, Feulner became Chief of Staff to Rep. Philip M. Crane (R-IL). Before joining Heritage as its President, Feulner was Executive Director of the Republican Study Committee. Feulner is the author of seven books: Getting America Right (2006), Leadership for America (2000), Intellectual Pilgrims (1999), The March of Freedom (1998), Conservatives Stalk the House (1983), Looking Back (1981) and Trading with the Communists (1968). He was the editor of U.S. Ð Japan Mutual Security: The Next Twenty Years, China Ð The Turning Point, and a contributor to 10 other books and numerous journals, reviews and magazines. Feulner also was publisher of HeritageÕs Policy Review magazine from 1977 until 2001, when Heritage transferred the publication to the Hoover Institution. He was the co-founder and Chairman of the Web site Townhall.com, which was established to coordinate online activities of dozens of conservative organizations and columnists. Feulner also pens a weekly column that appears regularly in dozens of newspapers and Web sites across the country.

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Officers for Fiscal Year

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