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Heinz Endowments
The Heinz Endowments is a foundation focused on regional development and social justice. It aims to address national and global challenges through its work.
Heinz Endowments
The Heinz Endowments is a foundation focused on regional development and social justice. It aims to address national and global challenges through its work. The foundation has made 21 investments, including a January 17, 2025, grant to the Sarah Heinz House.
General information
Firm type
Endowment / Foundation
Year founded
1941
Location
Region
North America
Country
United States
City
Pittsburgh
Corporate office
625 Liberty Avenue, Pittsburgh, PA, United States
Principals
André Heinz
Chairman of the Board
Teresa Heinz Kerry
Chair Emeritus
Christopher Heinz
Board Member
H. John Heinz IV
Board Member
Edward Kolano
Chief Investment Officer
Sector focus
Frequently asked questions
Who runs investment decisions at the Heinz Endowments?
Edward Kolano has been the Chief Investment Officer since 2013. He oversees the investment portfolio that funds the Endowments' grantmaking. The board, chaired by André Heinz and including Teresa Heinz Kerry and her sons, sets overall philanthropic and investment policy.
How is the Heinz Endowments related to the H.J. Heinz Company?
The Endowments were created by members of the Heinz family, whose wealth originated from the H.J. Heinz Company, the Pittsburgh-based food-processing giant founded in 1869. Howard Heinz, son of founder Henry J. Heinz, established the first endowment in 1941. The family no longer controls the company, but the Endowments remain a primary vehicle for their institutional philanthropy.
What is the relationship between the Heinz Endowments and the Heinz Family Foundation?
They are separate but closely linked entities. The Heinz Endowments focus on grantmaking in southwestern Pennsylvania across community development, education, arts, environment, and health. The Heinz Family Foundation administers the annual Heinz Awards, which recognize individual achievement nationally. Both share Heinz family governance.
Does the Heinz Endowments invest outside of western Pennsylvania?
Investment of the endowment corpus is globally diversified and managed by the CIO and investment team. Grantmaking, however, is overwhelmingly concentrated in Pittsburgh and the surrounding region, consistent with the family's multi-generational commitment to the city where their industrial wealth was built.
How large is the Heinz Endowments' investment portfolio?
The Endowments do not publish a current assets-under-management figure. As a private foundation, they file IRS Form 990-PF annually, which discloses end-of-year asset values on a lagged basis. Recent public records have placed the corpus on the order of $1.5–2 billion, though the precise current figure is undisclosed.
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