National Heritage Foundation

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The National Heritage Foundation (NHF), based in Falls Church, Virginia (EIN 58-2085326), was established in 1994. It promotes projects in the area of charitable, educational, scientific or religious activities. There are currently[when?] around 9,000 projects under its umbrella.

Directors and officers[edit]

  • Dr. JT Houk - CEO/Founder
  • Dr. Marian M. Houk, COO
  • John T. Houk, III - President
  • Jan Ridgely - Vice President

Events[edit]

The National Heritage Foundation (NHF) was formed by Dr. J.T. "Dock" Houk in 1994.[citation needed] It became one of the largest donor-advised funds in the country.[citation needed]

On August 16, 2006, in response to the Pension Protection Act of 2006, NHF changed the way they made grants from their umbrella projects to charitable programs. NHF informed all its projects that only 26 U.S.C. § 501(c)(3) organizations would be able to continue to receive grants from NHF.[1]

In January 2009, the NHF filed for chapter 11 bankruptcy protection while appealing a lost lawsuit. During this bankruptcy process, donor advised foundations were not able to disburse funds to other non-profits.[2]

In late 2009, NHF emerged from bankruptcy and has fulfilled its reorganization plan.[citation needed]

On November 21, 2011 NHF's tax exempt status was voluntarily revoked.[citation needed]

References[edit]

  1. ^ Department of Labor. "Pension Protection Act of 2006 (PL 109-280)". United States Government. 
  2. ^ Patton Boggs LLP. "The National Heritage Foundation's Plan of Reorganization". Patton Boggs LLP. 

External links[edit]