ORGANIZATION

Heckscher Foundation for Children

New York City, NY | http://www.heckscherfoundation.org

FOR FISCAL YEAR ENDED 2020-12-31:

Assets: $287,241,523
Total Giving: $11,837,846

The foundation defines its mission as "leveling the playing field for underserved youth." Its goal is to foster venture philanthropy using three principal funding strategies: 1) Catalytic Giving identifies approaches that have the potential for wide application but which have not reached a scale broad enough to attract investment by larger private foundations or government; 2) Strategic Partnerships promotes collaborations between not for profits, for profits and the public sector toward a common goal; 3) Targeted Problem Solving defines a specific challenge that has a practical solution attainable within a reasonable time and budget, and that encourages creative problem solvers to test that solution. The challenge often addresses barriers to equal opportunity either overlooked or under appreciated. .