Public Charity

THE GREATHEARTS FOUNDATION INC

THE GREATHEARTS FOUNDATION INC, of PHOENIX, AZ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $9.3M in revenue, $6.2M in expenses, $5.2M in total assets. 6 publicly reported grants to this organization, totaling roughly $2.2M, appear in IRS filings.

EIN: 823809856 PHOENIX, AZ Single Organization Support NTEE: B11 Latest filing: 2025
Total Revenue$9.3M
Total Expenses$6.2M
Total Assets$5.2M
Grant Records6
Funding Total$2.2M
Filing Years2019–2025

Mission

THE GREATHEARTS FOUNDATION IS A NONPROFIT ORGANIZATION THAT SEEKS TO INCREASE NATIONAL PHILANTHROPY FOR OUR MISSION AND ACCESS RESOURCES TO ENHANCE THE WORK AND WELL BEING OF OUR STUDENTS, FAMILIES, AND TEACHERS. FOUNDED IN 2017, THE GREATHEARTS FOUNDATION BELIEVES THAT TO RESTORE AMERICAN PUBLIC EDUCATION WE MUST MAKE THE FOSTERING OF PERSONAL CHARACTER AND MORAL IMAGINATION ONCE AGAIN CENTRAL TO OUR EDUCATIONAL TASK. THE GREATHEARTS FOUNDATION ALSO OVERSEES, AND SECURES THE RESOURCES TO SUPPORT, THE GROWTH OF GREAT HEARTS INTO NEW REGIONS.

Where $100 goes at The Greathearts Foundation Inc

How The Greathearts Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$71 Programs the work itself
$2 Management running the organization
$27 Fundraising raising the next dollar

Inside the $71 for programs

$71
The Greathearts Foundation is a nonprofit organization that seeks to increase national philanthropy for our mission and access resources to enhance the work and well being of our…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRES/SE Bob Mulhern
CHIEF ACADEM Dr Daniel Scoggin
FOUNDATION P Dr Wade Dyke
DIRECTOR Jay Heiler

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$2,005,000 2 grants
General Support
$171,300 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $9.3M $6.2M $5.2M
2024 $9.5M $9.2M $3.2M
2023 $5.3M $8.4M $2.1M
2022 $9.7M $6.0M $4.9M
2019 $2.8M $2.1M $1.3M

Between 2019 and 2025, reported annual revenue grew from $2.8M to $9.3M (+225%), with total assets most recently reported at $5.2M.

Interactive year-over-year charts and full filing details available with membership.

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