Hillman Family Foundations
- Assets
- $2.3b
- Revenue
- $264.7m
- Investments
- $2.3b
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 25-6065959
Organization Overview
Hillman Family Foundations is located in Pittsburgh, PA. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hillman Family Foundations is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hillman Family Foundations generated $264.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $125.3m during the year ending 12/2021. While expenses have increased by 27.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hillman Family Foundations has awarded 1,989 individual grants totaling $210,438,653. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David K Roger Director/president | 40 | $765,008 | |
Lisa R Johns Treasurer/vp Of Finance | 40 | $339,248 | |
D Tyler Gourley Asst. Secretary/exec. VP | 40 | $339,248 | |
Lauri Fink Senior Program Offic | 40 | $207,736 | |
Hilary Brown Program Officer | 40 | $170,116 | |
Alex Taylor Program Officer | 40 | $110,816 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Hillman Company | 12/30/21 | $8,595,220 |
Zeus Construction Co Inc | 12/30/21 | $134,779 |
Wall-to-wall Studios Inc | 12/30/21 | $112,900 |
The Common Pool Llc | 12/30/21 | $110,000 |
Sisterson & Co Llp | 12/30/21 | $72,850 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,415,149 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,720,217 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $255,454,520 |
| Capital Gain Net Income | $280,558,924 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $111,853 |
| Total Revenue | $264,701,739 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,503,504 |
| Other employee salaries and wages | $544,258 |
| Pension plans, employee benefits | $55,735 |
| Interest | $128,463 |
| Taxes | $6,591,440 |
| Depreciation | $0 |
| Occupancy | $115,826 |
| Travel, conferences, and meetings | $27,676 |
| Printing and publications | $0 |
| Other expenses | $794,879 |
| Total operating and administrative expenses | $24,743,203 |
| Contributions, gifts, grants paid | $100,527,802 |
| Total expenses and disbursements | $125,271,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,510,000 |
| Savings and temporary cash investments | $91 |
| Net Accounts receivable | $12,144,900 |
| Net Pledges Receivable | $27,657,823 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,141,821,826 |
| Net Land, buildings, and equipment | $321,156 |
| Other assets | $1,242,698 |
| Total assets | $2,323,141,190 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $56,810,981 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $14,127,571 |
| Total liabilities | $70,938,552 |
Grants Awarded
Over the last fiscal year, Hillman Family Foundations has awarded $120,663,149 in support to 1,122 organizations.
| Grant Recipient | Amount |
|---|---|
EYE & EAR FOUNDATION INC PURPOSE: LIFE SCIENCES ECONOMIC DEVELOPMENT CORRIDOR / DEVELOPING INNOVATIVE VISION CARE FOR ALL | $4,000,000 |
Pittsburgh, PA PURPOSE: GIFT OF HILLMAN RESIDENCE, MOREWOOD HEIGHTS, FOR USE AS THE UNIVERSITY PRESIDENTS RESIDENCE | $3,300,000 |
DUQUESNE UNIVERSITY PURPOSE: CONSTRUCTION OF NEW COLLEGE OF OSTEOPATHIC MEDICINE | $3,000,000 |
UNIVERSITY OF PITTSBURGH CANCER INSTITUTE PURPOSE: TOWARD THE HILLMAN FELLOWS FOR INNOVATIVE CANCER RESEARCH | $3,000,000 |
THE PITTSBURGH PROMISE FOUNDATION PURPOSE: POST-SECONDARY SCHOLARSHIP PROGRAM FOR PITTSBURGH PUBLIC SCHOOL GRADUATES | $2,500,000 |
Pittsburgh, PA PURPOSE: FACILITIES AND CAPITAL IMPROVEMENTS | $2,250,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hillman Family Foundations has recieved totaling $32,600.
| Awarding Organization | Amount |
|---|---|
A Schools Pittsburghs Community Alliance For Public Education Pittsburgh, PA PURPOSE: COVID SUPPORT/AID AND OTHER MISCELLANEOUS GRANTS | $16,300 |
A Schools Pittsburghs Community Alliance For Public Education Pittsburgh, PA PURPOSE: COVID SUPPORT/AID AND OTHER MISCELLANEOUS GRANTS | $16,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robert Wood Johnson Foundation Princeton, NJ | $14,837,880,900 | $1,125,174,588 |
Rockefeller Foundation New York, NY | $7,467,445,865 | $704,223,491 |
Simons Foundation Inc New York, NY | $4,513,699,772 | $129,477,470 |
Bloomberg Family Foundation Inc New York, NY | $0 | $1,259,941,914 |
Leona M & Harry B Helmsley Charitable Trust New York, NY | $8,313,587,896 | $723,181,306 |
Jp Morgan Chase Foundation New York, NY | $675,856,149 | $488,434,024 |
Genzyme Charitable Foundation Inc Bridgewater, NJ | $0 | $207,296,108 |
Richard King Mellon Foundation Dtd 01-01-47 Pittsburgh, PA | $2,648,950,543 | $383,215,006 |
Doris Duke Charitable Foundation Inc New York, NY | $2,668,517,046 | $296,413,800 |
Shelby Cullom Davis Charitable Fund Inc Wilmington, DE | $2,798,959,665 | $325,311,650 |
Hillman Family Foundations Pittsburgh, PA | $2,323,141,190 | $264,701,739 |
William Penn Foundation Philadelphia, PA | $0 | $175,834,650 |