Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE
Number and street (or P.O. box number if mail is not delivered to street address)2121 SW BROADWAY ST 115
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PORTLAND, OR97201
A Employer identification number

93-0988354
B Telephone number (see instructions)

(503) 471-2103
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$19,645,304J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 9,740,480
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 290,847 290,847  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,459,794
b Gross sales price for all assets on line 6a 5,435,501
7 Capital gain net income (from Part IV, line 2)... 1,459,794
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 11,491,121 1,750,641  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
14,100 7,482   6,618
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
70,082 70,082   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
65,789 0   42,212
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 51,482 0   51,482
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
26,006 0   26,006
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 227,459 77,564   126,318
25 Contributions, gifts, grants paid....... 21,531,075 12,237,075
26 Total expenses and disbursements. Add lines 24 and 25 21,758,534 77,564   12,363,393
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -10,267,413
b Net investment income (if negative, enter -0-) 1,673,077
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 348,497 338,566 338,566
2 Savings and temporary cash investments.........   200,355 200,355
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   1,500    
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 48,243 24,666 24,666
10a Investments—U.S. and state government obligations (attach schedule) 5,353,969 Click to see attachment
List of Attached Documents:
// Content
6,313,147 		6,313,147
b Investments—corporate stock (attach schedule)....... 9,280,215 Click to see attachment
List of Attached Documents:
// Content
7,948,049 		7,948,049
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow4,424,774
Less: accumulated depreciation (attach schedule) right arrow   4,297,609 4,424,774 4,424,774
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 0 Click to see attachment
List of Attached Documents:
// Content
190,680 		190,680
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
14,747 		Click to see attachment
List of Attached Documents:
// Content
205,067 		Click to see attachment
List of Attached Documents:
// Content
205,067
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 19,344,780 19,645,304 19,645,304
Liabilities 17 Accounts payable and accrued expenses.......... 17,407 642
18 Grants payable................. 1,020,000 11,364,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
9,946 		Click to see attachment
List of Attached Documents:
// Content
203,823
23 Total liabilities (add lines 17 through 22)......... 1,047,353 11,568,465
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 18,297,427 8,076,839
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 18,297,427 8,076,839
30 Total liabilities and net assets/fund balances (see instructions). 19,344,780 19,645,304
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
18,297,427
2
Enter amount from Part I, line 27a .....................
2
-10,267,413
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
46,825
4
Add lines 1, 2, and 3 ..........................
4
8,076,839
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,076,839
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES   2024-01-01 2024-12-31
b PUBLICLY TRADED SECURITIES   2023-01-01 2024-12-31
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,779,626   1,672,884 106,742
b 3,655,875   2,302,823 1,353,052
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       106,742
b       1,353,052
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,459,794
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 23,256
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 23,256
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 23,256
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 47,970
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 47,970
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 24,714
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow24,714 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowOR
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowJEFFREY HEATHERINGTON Telephone no.right arrow (503) 734-3147

Located atright arrow2121 SW BROADWAY STPORTLANDOR ZIP+4right arrow97201
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
Yes
 
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
Yes
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
List of Attached Documents:
// Content
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
JEFFREY HEATHERINGTON EX-OFFICIO
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
BOB CARUS BOARD CHAIR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
ROB RICHARDSON DO VICE CHAIR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
ERIK SZETO DO TREASURER
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
KAREN CARNAHAN SECRETARY
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
PAULA CRONE DO DIRECTOR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
CHARLES KALUZA DO DIRECTOR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
JEFF PAWLOWSKI DIRECTOR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
SARAH WOLFF DO DIRECTOR
1.00 		0 0 0
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
12,041,845
b
Average of monthly cash balances.......................
1b
884,809
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
12,926,654
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
12,926,654
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
193,900
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
12,732,754
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
636,638
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
636,638
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
23,256
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
23,256
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
613,382
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
613,382
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
613,382
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
12,363,393
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
12,363,393
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 613,382
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 1,824,342
b From 2020...... 3,882
c From 2021...... 12,504,361
d From 2022...... 4,396,391
e From 2023...... 13,429,812
f Total of lines 3a through e ........ 32,158,788
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 12,363,393
a Applied to 2023, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2024 distributable amount..... 613,382
e Remaining amount distributed out of corpus 11,750,011
5 Excess distributions carryover applied to 2024. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 43,908,799
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		1,824,342
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		42,084,457
10 Analysis of line 9:
a Excess from 2020.... 3,882
b Excess from 2021.... 12,504,361
c Excess from 2022.... 4,396,391
d Excess from 2023.... 13,429,812
e Excess from 2024.... 11,750,011
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
JEFFREY HEATHERINGTON
2121 SW BROADWAY SUITE 115
PORTLAND,OR97201
(503) 471-2103
N/A
bThe form in which applications should be submitted and information and materials they should include:
REQUEST TO BE SUBMITTED ON FOUNDATION APPLICATION FORM, TOGETHER WITH 501(C) (3) DETERMINATION LETTER, CURRENT FINANCIAL STATEMENT, PROJECTED BUDGET AND LIST OF OFFICERS AND DIRECTORS.
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
N/A
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AMERICAN OSTEOPATHIC FOUNDATION

141 EAST ONTARIO STREET
CHICAGO,IL60611 		N/A PC OPERATIONAL SUPPORT 1,030,075

BOYS & GIRLS CLUBS OF GREATER SANTIAM

305 S 5TH STREET
LEBANNON,OR97355 		N/A PC OPERATIONAL SUPPORT 250,000

FURNITURE SHARE

4450 MARION ST SE SUITE C
ALBANY,OR97322 		N/A PC OPERATIONAL SUPPORT 30,000

LEBANON COMMUNITY HOSPITAL FOUNDATION

1289 49TH AVE SUITE 102
SWEET HOME,OR97386 		N/A PC ONE-TIME DONATION FOR EDUCATIONAL PROGRAMS 25,000

MAURICE LUCAS FOUNDATION

PO BOX 1661
LAKE OSWEGO,OR97035 		N/A PC OPERATIONAL SUPPORT 160,000

MUSLIM EDUCATIONAL TRUST

10330 SW SCHOLLS FERRY RD
TIGARD,OR97223 		N/A PC OPERATIONAL SUPPORT 160,000

NATIVE AMERICAN YOUTH ASSOCIATION

5135 NE COLUMBIA BLVD
PORTLAND,OR97218 		N/A PC OPERATIONAL SUPPORT 100,000

OSTEOPATHIC PHYSICIANS & SURGEONS OF OREGON

2121 SW BROADWAY
PORTLAND,OR97201 		N/A NC OPERATIONAL SUPPORT 100,000

OUTSIDE IN

1132 SW 13TH AVENUE
PORTLAND,OR97205 		N/A PC OPERATIONAL SUPPORT 100,000

SERENDIPTY CENTER

14815 SE DIVISION ST
PORTLAND,OR97236 		N/A PC OPERATIONAL SUPPORT 250,000

THE FOUNDATION FOR MEDICAL EXCELLENCE

11740 SW 68TH PARKWAY
PORTLAND,OR97223 		N/A PC OPERATIONAL SUPPORT 15,000

THE LUND REPORT

PO BOX 82841
PORTLAND,OR97282 		N/A PC OPERATIONAL SUPPORT 250,000

VOLUNTEERS OF AMERICA OR

3910 SE STARK ST
PORTLAND,OR97214 		N/A PC OPERATIONAL SUPPORT 150,000

WESTERN UNIVERSITY OF HEALTH SCIENCES

200 MULLINS DRIVE
LEBANNON,OR97355 		N/A PC OPERATIONAL SUPPORT 6,495,000

ALL CLASSICAL PUBLIC MEDIA INC

222 SW COLUMBIA ST STE 300
PORTLAND,OR97201 		N/A PC CHILDREN'S PROGRAMMING SUPPORT 100,000

ASIAN HEALTH & SERVICE CENTER

9035 SE FOSTER RD
PORTLAND,OR97266 		N/A PC OPERATIONAL SUPPORT 50,000

BLANCHET HOUSE

310 NW GLISAN STREET
PORTLAND,OR97209 		N/A PC OPERATIONAL SUPPORT 250,000

BUILD LEBANON TRAILS

PO BOX 2604
LEBANON,OR97355 		N/A PC DONATION FOR TRAIL COMPLETION 100,000

CENTENNIAL SCHOOL DISTRICT

18135 SE BROOKLYN ST
PORTLAND,OR97236 		N/A PC EARLY CHILDHOOD INTERVENTIONS SUPPORT 500,000

CLACKAMAS VOLUNTEERS IN MEDICINE

PO BOX 2592
OREGON CITY,OR97045 		N/A PC OPERATIONAL SUPPORT 300,000

DALA'S BLUE ANGELS

PO BOX 1945
PENSACOLA,FL32591 		N/A PC OPERATIONAL SUPPORT 3,000

EVERY CHILD LINN BENTON

379 COBURG ROAD SUITE B
EUGENE,OR97401 		N/A PC OPERATIONAL SUPPORT 100,000

FAMILY TREE RELIEF NURSERY

PO BOX 844
ALBANY,OR97321 		N/A PC ONE-TIME DONATION FOR THREE BUSES FOR TRANSPORTATION 250,000

HOLLA SCHOOL

14513 SE STARK ST
PORTLAND,OR97233 		N/A PC OPERATIONAL SUPPORT 100,000

LAO BUDDHIST CENTER NORTHWEST INC

17676 SE FOSTER RD
GRESHAM,OR97080 		N/A PC TO HELP FINISH CONSTRUCTION ON DRIVEWAY 350,000

LEBANON SOUP KITCHEN

170 EAST GRANT STREET
LEBANON,OR97355 		N/A PC OPERATIONAL SUPPORT 25,000

LIFEWORKS NW

5415 SE WESTGATE DRIVE
PORTLAND,OR97221 		N/A PC OPERATIONAL SUPPORT 50,000

OREGON MENTAL HEALTH CONSUMERS ASSOCIATION

2740 SE POWELL BLVD 3
PORTLAND,OR97202 		N/A PC OPERATIONAL SUPPORT 20,000

OREGON SYMPHONY

851 SW 6TH AVE 385
PORTLAND,OR97204 		N/A PC OPERATIONAL SUPPORT 100,000

PARENTING WITH INTENT

4423 NE TILLAMOOK ST
PORTLAND,OR97213 		N/A PC OPERATIONAL SUPPORT 100,000

PORTLAND ADVENTIST COMMUNITY SERVICES

11020 NE HALSEY ST
PORTLAND,OR97220 		N/A PC ONE-TIME DONATION TO BE USED FOR SENIOR ORAL CARE 100,000

PORTLAND YOUTH PHILHARMONIC

9320 SW BARBUR BLVD 140
PORTLAND,OR97219 		N/A PC OPERATIONAL SUPPORT 60,000

QIGONG SENSORY TRAINING INSTITUTE

19363 WILLAMETTE DR 112
WEST LINN,OR97068 		N/A PC OPERATIONAL SUPPORT 75,000

RIVER CENTER CARING TEAM MINISTRY

3000 S SANTIAM HWY
LEBANON,OR97355 		N/A PC OPERATIONAL SUPPORT 250,000

ST AGATHA CATHOLIC SCHOOL

7960 SE 15TH AVE
PORTLAND,OR97202 		N/A PC OPERATIONAL SUPPORT 10,000

WEAVING FALA

1032 CHERRY BLOSSOM LN
LEBANON,OR97355 		N/A PC OPERATIONAL SUPPORT 100,000

WILLAMETTE UNIVERSITY

900 STATE ST
SALEM,OR97301 		N/A PC OPERATIONAL SUPPORT 25,000

WILLAMETTE WEEK

PO BOX 10770
PORTLAND,OR97296 		N/A PC OPERATIONAL SUPPORT 104,000
Total .................................right arrow 3a 12,237,075
bApproved for future payment

WILLAMETTE WEEK
PO BOX 10770
PORTLAND,OR97296 		N/A PC OPERATIONAL SUPPORT 104,000

CLACKAMAS VOLUNTEERS IN MEDICINE
PO BOX 2592
OREGON CITY,OR97045 		N/A PC OPERATIONAL SUPPORT 1,200,000

WESTERN UNIVERSITY OF HEALTH SCIENCES
200 MULLINS DRIVE
LEBANNON,OR97355 		N/A PC OPERATIONAL SUPPORT 7,240,000

BOYS AND GIRLS CLUB GREATER SANTIAM
305 S 5TH STREET
LEBANON,OR97355 		N/A PC OPERATIONAL SUPPORT 750,000
Total ................................. right arrow 3b 9,294,000
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 290,847  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,459,794  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 1,750,641 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,750,641
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
FAMILYCARE INC 501(C)(4) 75% OF THE FOUNDATION'S BOARD MEMBERS ARE ALSO BOARD MEMBERS OR OFFICERS OF FAMILYCARE, INC. THE TWO ORGANIZATIONS SHARE A HISTORIC AND CONTINUING RELATIONSHIP.
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE
Employer identification number

93-0988354
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE 		Employer identification number
93-0988354
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
FAMILYCARE INC
 
2121 SW BROADWAY SUITE 115
 
PORTLAND, OR97201

$ 9,740,480


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE 		Employer identification number

93-0988354
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
HEATHERINGTON FOUNDATION FOR INNOVATION
AND EDUCATION IN HEALTH CARE 		Employer identification number

93-0988354
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 14,100 7,482   6,618

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 ExpenditureResponsibilityStmt
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
OSTEOPATHIC PHYSICIANS AND SURGEONS OF OREGON
  		2121 SW BROADWAY SUITE 115
PORTLAND,OR97205 		2024-02-19 100,000 SUPPORT EDUCATION & RESEARCH TO ENSURE HIGHEST QUALITY, COMPRESHENSIVE HEALTH & PATIENT CARE   N/A      

TY 2024 InvestmentsCorpStockSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Name of Stock End of Year Book Value End of Year Fair Market Value
ABBVIE INC COM 3,145 3,145
ACCENTURE PLC IRELAND CL A 9,303 9,303
ADOBE INC 32,408 32,408
AIRBNB INC CL A 7,310 7,310
ALLEGION PUB LTD CO 17,250 17,250
ALPHABET INC CL A 223,750 223,750
ALPHABET INC CL C 151,781 151,781
AMAZON COM INC 449,530 449,530
ANALOG DEVICES INC 61,826 61,826
ANHEUSER BUSCH INBEV SA SPON 51,422 51,422
APPLE INC 342,575 342,575
ASML HOLDING NV NY REG NEW 6,546 6,546
ASPEN TECHNOLOGY INC 22,038 22,038
AUTODESK INC DELAWARE 12,805 12,805
BENTLEY SYS INC COM CL B 26,853 26,853
BERKLEY W R CORP 104,283 104,283
BERKSHIRE HATHAWAY CL-B NEW 84,310 84,310
BIS WHSL CLUB 15,726 15,726
BOOKING HOLDINGS INC 129,442 129,442
BOOZ ALLEN HAMILTON HLDG CL-A 15,187 15,187
BOSTON SCIENTIFIC CORP 20,097 20,097
BRIGHT HORIZONS FAMILY SOLUT 15,962 15,962
BROADCOM INC 114,926 114,926
BROWN AND BROWN INC 18,364 18,364
CHARLES RIVER LABS INTL INC 19,653 19,653
CHEMED CORPORATION 14,032 14,032
CHIPOTLE MEXICAN GRILL INC COM 41,987 41,987
CHOICE HOTELS INTL INC NEW 19,877 19,877
CHURCH & DWIGHT CO INC 14,241 14,241
CINTAS CORP 6,104 6,104
COPART INC 17,389 17,389
CRANE COMPANY 15,479 15,479
CROWDSTRIKE HLDGS INC CL A 16,179 16,179
DANAHER CORPORATION 27,546 27,546
DECKER OUTDOOR CORPORATION 19,459 19,459
DEXCOM INC 15,243 15,243
DIAGEO PLC SPON ADR NEW 74,371 74,371
DOCUSIGN INC 3,168 3,168
DOXIMITY INC CL A 3,741 3,741
DUN & BRADSTREET HLDGS INC 93,263 93,263
EATON CORP PLC SHS 40,406 40,406
EBAY INC 30,851 30,851
ELEVANCE HEALTH INC 33,933 33,933
ELI LILLY AND CO 50,274 50,274
EMCOR GROUP INC 17,855 17,855
EQUIFAX INC 22,094 22,094
EXPONENT INC 15,503 15,503
FACTSET RESEARCH SYSTEMS 15,536 15,536
FAIR ISAAC & CO INC 35,241 35,241
FASTENAL CO 75,074 75,074
FREEPORT-MCMORAN CL-B 5,560 5,560
GENL DYNAMICS CORP 9,081 9,081
GILEAD SCIENCE 39,534 39,534
GOLDMAN SACHS GRP INC 43,318 43,318
HILTON WORLDWIDE HLDGS INC 22,146 22,146
HUBSPOT, INC. 11,451 11,451
IDEXX LABS 3,975 3,975
ILL TOOL WORKS INC 74,293 74,293
INSULET CORP 4,974 4,974
INTERACTIVE BROKERS GROUP CL A 30,917 30,917
INTUIT INC 30,108 30,108
INTUITIVE SURGICAL INC 48,413 48,413
JACK HENRY & ASSOC INC 19,809 19,809
JOHNSON CTLS INTL PLC 6,526 6,526
KEYSIGHT TECHNOLOGIES INC 84,009 84,009
KKR & CO INC CL A 115,961 115,961
KLA CORPORATION 44,276 44,276
L3HARRIS TECHNOLOGIES INC 4,816 4,816
LAM RESEARCH CORPORATION 25,281 25,281
LCI INDS 5,331 5,331
LENNAR CORPORATION 71,594 71,594
LENNOX INTL INC 33,872 33,872
LIBERTY MEDIA C SER C SIRIUSXM 57,910 57,910
LOCKHEED MARTIN CORP 32,041 32,041
LOWES COMPANIES INC 76,014 76,014
LPL FINL HLDGS INC COM 29,801 29,801
LULULEMON ATHLETICA INC 30,665 30,665
LYONDELLBASELL NV CL-A 9,655 9,655
MARKEL CORP (HOLDING CO) 86,381 86,381
MARTIN MARIETTA MATERIALS 69,728 69,728
MASCO CORP 74,094 74,094
MASTERCARD INC CL A 138,752 138,752
META PLATFORMS INC CL A 138,608 138,608
MICROSOFT CORP 368,364 368,364
MODERNA INC 9,106 9,106
MONOLITHIC PWR SYSTEMS INC 10,022 10,022
MONSTER BEVERAGE CORP NEW COM 6,938 6,938
MORGAN STANLEY 77,066 77,066
NASDAQ INC 60,688 60,688
NETFLIX INC 50,615 50,615
NORDSON CP 19,576 19,576
NVENT ELECTRIC PLC 13,155 13,155
NVIDIA CORPORATION 242,393 242,393
NXP SEMICONDUCTORS NV 63,602 63,602
O'REILLY AUTOMOTIVE INC 31,567 31,567
PALO ALTO NETWORKS INC 11,395 11,395
PAYCOM SOFTWARE INC 99,820 99,820
PAYPAL HLDGS INC COM 10,071 10,071
PEPSICO INC NC 69,491 69,491
PINTEREST INC CL 4,785 4,785
POLARIS INC 10,084 10,084
POOL CORP 23,595 23,595
QUALYS INC COM 12,977 12,977
RAYMOND JAMES FINCL INC 19,261 19,261
RESMED INC 16,016 16,016
ROLLINS INC 19,977 19,977
RTX CORPORATION 20,129 20,129
S&P GLOBAL INC COM 87,654 87,654
SAIA INC 33,376 33,376
SALESFORCE INC 58,193 58,193
SERVICENOW INC 53,261 53,261
SHERWIN WILLIAMS COMPANY OHIO 6,624 6,624
SITEONE LANDSCAPE SUPPLY INC 13,309 13,309
SNOWFLAKE INC CL A 22,034 22,034
SPS COMMERCE INC COM 16,300 16,300
STARBUCKS CORP WASHINGTON 109,648 109,648
STATE STREET CORP 15,017 15,017
STRYKER CORP 100,898 100,898
SYNOPSYS INC 24,104 24,104
SYSCO CORP 18,274 18,274
TAIWAN SMCNDCTR MFG CO LTD ADR 40,173 40,173
TAKE TWO INTERACTIVE SOFTWARE 15,613 15,613
TARGET 5,527 5,527
TE CONNECTIVITY LTD NEW 11,152 11,152
TELEDYNE TECH INC 31,943 31,943
TERADYNE INC 16,621 16,621
TESLA INC 72,316 72,316
TEXAS INSTRUMENTS 86,442 86,442
THE COOPER COMPANIES 37,599 37,599
THE SCOTTS MIRACLE-GRO COMPANY 11,941 11,941
THERMO FISHER SCIENTIFIC 95,366 95,366
THOR INDUSTRIES INC 13,495 13,495
TJX COS INC NEW 90,940 90,940
TKO GROUP HOLDINGS 3,866 3,866
UBER TECHNOLOGIES INC 6,334 6,334
UNION PACIFIC CORP 34,656 34,656
UNITED RENTALS INC 14,292 14,292
UNITEDHEALTH GP INC 12,823 12,823
VALVOLINE INC COM 12,482 12,482
VERTEX PHARMACEUTICALS 16,892 16,892
VISA INC CL A 27,832 27,832
W W GRAINGER INC 9,779 9,779
WALMART INC 64,058 64,058
WALT DISNEY CO HLDG CO 30,621 30,621
WARNER BROS DISCOVERY INC SER 24,797 24,797
WATSCO INC 23,579 23,579
WATTS WTR TECH INC A 14,771 14,771
WELLS FARGO & CO NEW 16,015 16,015
WEST PHARMACEUTICAL SVCS INC 12,969 12,969
WORKDAY INC CL A 116,510 116,510
ZEBRA TECH CL-A 24,668 24,668
ZURN ELKAY WATERS SOLNS 21,970 21,970
ALNYLAM PHARMACEUTICALS INC 18,314 18,314
AMERICAN EAGLE OUTFITTERS NEW 12,419 12,419
APTARGROUP INC 15,164 15,164
AUTOMATIC DATA PROCESSING INC (ADP) 29,566 29,566
BUILDERS FIRSTSOURCE INC 3,823 3,823
CASEY'S GENERAL STORES INC 16,698 16,698
CONSTELLATION BRANDS INC CLA 64,090 64,090
CURTISS WRIGHT CORP 19,109 19,109
DESCARTES SYSTEMS GROUP INC 18,176 18,176
DYNATRACE INC 16,196 16,196
ECOLAB INC 25,072 25,072
ELF BEAUTY INC 4,607 4,607
FISERV INC 26,088 26,088
FORTIVE CORP 10,200 10,200
GALLAGHER ARTHUR J & CO 53,648 53,648
GE AEROSPACE NEW 32,524 32,524
GODADDY INC 15,888 15,888
HALOZYME THERAPEUTICS INC 12,000 12,000
HOWMET AEROSPACE INC 19,905 19,905
ICON PLC 1,975 1,975
LAS VEGAS SANDS CORPORATION 22,855 22,855
MARKETAXESS HOLDINGS INC 12,440 12,440
MOBILEYE GLOBAL INC CLA 15,299 15,299
MONGODB INC CL A 2,597 2,597
OLLIES BARGAIN OUTLET HLDG INC 32,480 32,480
ONTO INNOVATION INC 11,795 11,795
ORACLE 168,973 168,973
PENUMBRA INC COM 18,353 18,353
PROGRESSIVE CORP OHIO 42,411 42,411
PTC INC COM 14,695 14,695
PURE STORAGE INC CLASS A 16,709 16,709
SHOPIFY 18,501 18,501
SPROUTS FARMERS MARKET INC 13,596 13,596
SPOTIFY TECHNOLOGY SA 50,107 50,107
TRANE TECHNOLOGIES PLC 30,330 30,330
TRACTOR SUPPLY CO 3,917 3,917
US FOODS HOLDING CORP 16,932 16,932
VULCAN MATERIALS CO 20,437 20,437
WEATHERFORD INTL INC 9,312 9,312
UNIVERSAL DISPLAY CORP 9,189 9,189

TY 2024 InvestmentsGovtObligationsSch
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
US Government Securities - End of Year Book Value:

6,313,147
US Government Securities - End of Year Fair Market Value:

6,313,147
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2024 InvestmentsOtherSchedule2
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
CHENIERE ENERGY INC FMV 117,319 117,319
AMERICAN TOWER CORP FMV 13,064 13,064
CROWN CASTLE INC FMV 51,552 51,552
EQUINIX INC FMV 8,745 8,745

TY 2024 OtherAssetsSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 4,979 4,979 4,979
RIGHT-OF-USE ASSET 9,768 200,088 200,088


TY 2024 OtherExpensesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSE 7,893 0   7,893
OTHER ADMINISTRATION EXPENSE 14,039 0   14,039
INSURANCE 4,074 0   4,074


TY 2024 OtherIncreasesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Description Amount
UNREALIZED LOSS ON INVESTMENTS 46,825


TY 2024 OtherLiabilitiesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Description Beginning of Year - Book Value End of Year - Book Value
LEASE LIABILITY- CURRENT PORTION 9,946 39,027
OPERATING LEASE LIABILITY, NET OF CURRENT PORTION 0 164,796


TY 2024 OtherProfessionalFeesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT 70,082 70,082   0


TY 2024 TaxesSchedule
Name:
HEATHERINGTON FOUNDATION FOR INNOVATION
 
AND EDUCATION IN HEALTH CARE
EIN:
93-0988354
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEES 2,280 0   2,280
PROPERTY TAXES 39,932 0   39,932
FEDERAL EXCISE TAXES 23,577 0   0