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    THE FB HERON FOUNDATION

    Supporting OrganizationIRS data 2021–2024
    NEW HAVEN, CTEIN 133647019 Website

    Annual Giving

    $14.8M-24% YoY

    Grants

    77

    Median Grant

    $3K

    Organizations Funded

    107

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    Foundation Overview

    Mission

    Heron's mission is to help people and communities help themselves. The welfare of people and society depends upon the health and resilience of communities. Heron champions the people who believe profoundly in the promise of their community and who dare to chase the shared dreams for the place they call home.

    Focus Areas

    community developmentaffordable housingrural developmentcommunity economic developmentimpact investingcommunity development financial institutionsenterprise capitalland policy

    Grant Types

    general supportproject-basedenterprise capitalpass-throughmembership

    Funded Initiatives

    Over the coming 8 years, Heron will transfer the bulk of their financial capital to Community Capitals Partners. They manage a substantial but declining investable asset base (currently $330 million) transitioning to a smaller core portfolio of roughly $80 million. Focus on empowering distressed rural communities across the country and rewriting the playbook for national funders working in rural community advancement.

    Does Not Fund

    Heron advocates against restricting grants and not capping spending for overhead, suggesting they avoid traditional funding restrictions. They emphasize flexible funding approaches rather than specific exclusions.

    Based on publicly available information from the foundation's 990 filings and website.

    Giving History

    2024-24%

    $14.8M

    Grants

    77

    Median

    $3K

    States

    23

    2023-35%

    $19.5M

    Grants

    131

    Median

    $1K

    States

    22

    2022

    $30.0M

    Grants

    165

    Median

    $2K

    States

    34

    Grant Size Distribution

    $3K

    Typical Grant (Median)

    $100

    Smallest

    $1K

    25th Pctile

    $10K

    75th Pctile

    $10.0M

    Largest

    Excludes grants ≤ $5K. Half fall between $1K and $10K.

    Largest Recent Grants

    $10.0M

    2024

    Federation of Appalachian Housing Enterprises Inc

    KY · Project-Based

    $3.8M

    2024

    Communities Unlimited Inc

    AR · Project-Based

    $200K

    2024

    Federation of Appalachian Housing Enterprises Inc

    KY · Pass-Through

    $200K

    2024

    Communities Unlimited Inc

    AR · General Support

    $200K

    2024

    Federation of Appalachian Housing Enterprises Inc

    KY · General Support

    Geographic Focus

    KY
    $10.4M4 grants
    AR
    $4.0M2 grants
    MA
    $145K9 grants
    NY
    $87K13 grants
    AL
    $44K7 grants

    Top states by total grant dollars. Based on IRS filing data.

    Financial Overview

    YearTotal AssetsGrants Paid
    2024
    $349.3M
    $14.8M(4.2%)
    2023
    $326.9M
    $19.5M(6.0%)
    2022
    $311.9M
    $30.0M(9.6%)
    2021
    $412.8M
    $10.2M(2.5%)

    Grants paid shown as percentage of total assets

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    Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.

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