Meet Teresa's Wealthy Friends: The Heinz Foundations and the Kerry Campaign

Human EventsJuly 29, 2009

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Summary


Look at the Heinz Family Foundation's IRS Form 990 for 2001. About twenty pages into the document you'll find a list of "Contributions, Gifts and Grants Received." You'll see that the Heinz Family Foundation received $6.4 million from The Teresa & H. John Heinz III Charitable Trust (Ms. Gibson explained that it's a non-exempt charitable lead trust controlled personally by Teresa Heinz Kerry).

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Meet Teresa's Wealthy Friends: The Heinz Foundations and the Kerry Campaign

Summary: The head of the Heinz charitable foundations happens to be the wife of John Kerry, the Democratic Senator and presidential candidate. What's the relationship between the foundation's charitable gifts to environmental groups and environmentalist supporters of the Senator's presidential campaign? What might that mean for a Kerry presidency?

Teresa Heinz Kerry is the widow of the late Pennsylvania Senator and ketchup heir H. John Heinz III. She is the current wife of presidential candidate and Massachusetts Sen. John F. Kerry (D.). And she is a member of the board of three Heinz foundations that altogether are worth more than a billion dollars. Annual tax reports (IRS Form 990) show that Teresa Kerry Heinz is:

* Chairman of board of the Heinz Family Foundation. With assets of $69 million in 2002, it made grants that year of $4.8 million.

* Chairman of board of the Howard Heinz Endowment. It had assets of $773.3 million and made grants of $43.7 million in 2002.

* Member of the board of directors of the Vira ...

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