Conrad N Hilton Foundation
- Assets
- $7.7b
- Revenue
- $2.5b
- Investments
- $7.2b
- Employees
- 0
- Location
- Westlake Village, CA
- Founding
- 02/1990
- Data as of
- 12/2020
- EIN
- 94-3100217
Organization Overview
Conrad N Hilton Foundation is located in Westlake Village, CA. The organization was established in 1990. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Conrad N Hilton Foundation 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 12/2020, Conrad N Hilton Foundation generated $2.5b in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 66.5% each year . All expenses for the organization totaled $232.5m during the year ending 12/2020. While expenses have increased by 12.8% 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 2018, Conrad N Hilton Foundation has awarded 4,608 individual grants totaling $1,242,172,541. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUALLY, THE FOUNDATION AWARDS THE WORLD'S LARGEST ANNUAL HUMANITARIAN AWARD PRESENTED TO A NONPROFIT ORGANIZATION, THE CONRAD N. HILTON HUMANITARIAN PRIZE. DURING THE CALENDAR YEAR, THE $2,500,000 AWARD WAS PRESENTED TO CAMFED, THE CAMPAIGN FOR FEMALE EDUCATION, DURING A VIRTUAL CEREMONY HELD ON OCTOBER 13, 2021. THROUGHOUT THE CALENDAR YEAR, THE HILTON HUMANITARIAN PRIZE DEPARTMENT WORKS TO VET POTENTIAL PRIZE RECIPIENTS, PLAN AND PRODUCE AN ANNUAL PRIZE CEREMONY AND HUMANITARIAN SYMPOSIUM, AND ENGAGE WITH PRIZE LAUREATES, INCLUDING THROUGH THE HILTON HUMANITARIAN PRIZE LAUREATE VIRTUAL LEADERSHIP INSTITUTE, WHICH WAS LAUNCHED ON MAY 20, 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Buchman Vp/ Co -Chief Investment Officer | 37.5 | $1,866,421 | |
Yatin Patel Vp/ Co -Chief Investment Officer | 37.5 | $1,205,636 | |
Jonathon Schroeder Director Of Investme | 37.5 | $1,050,664 | |
Peter A Laugharn President/ceo | 37.5 | $754,350 | |
James Kim Director Of Investme | 37.5 | $749,188 | |
Zane Hamilton Director Of Investme | 37.5 | $745,503 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Praesidium Investment Mangement Company Llc | 12/30/21 | $1,535,286 |
Skadden Arps Slate Meagher & Flom Llp | 12/30/21 | $1,370,169 |
Pimco | 12/30/21 | $726,243 |
State Street Bank And Trust | 12/30/21 | $730,444 |
Redstone Strategy Group Llc | 12/30/21 | $695,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,131,937,303 |
| Interest on Savings | $0 |
| Dividends & Interest | $35,482,395 |
| Net Rental Income | $1,565,548 |
| Net Gain on Sale of Assets | $295,120,108 |
| Capital Gain Net Income | $345,062,457 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,700,608 |
| Total Revenue | $2,481,413,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,803,602 |
| Other employee salaries and wages | $12,666,919 |
| Pension plans, employee benefits | $5,806,669 |
| Interest | $0 |
| Taxes | $1,840,594 |
| Depreciation | $2,543,480 |
| Occupancy | $2,883,503 |
| Travel, conferences, and meetings | $357,744 |
| Printing and publications | $20,084 |
| Other expenses | $7,413,962 |
| Total operating and administrative expenses | $54,097,524 |
| Contributions, gifts, grants paid | $178,429,040 |
| Total expenses and disbursements | $232,526,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $147,661,905 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| 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 | $17,238,169 |
| Investments—mortgage loans | $0 |
| Investments—other | $6,170,930,244 |
| Net Land, buildings, and equipment | $56,174,705 |
| Other assets | $269,879,717 |
| Total assets | $7,732,630,405 |
| Accounts payable and accrued expenses | $8,218,565 |
| Grants payable | $86,913,799 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $552,907 |
| Total liabilities | $95,685,271 |
Grants Awarded
Over the last fiscal year, Conrad N Hilton Foundation has awarded $494,781,675 in support to 1,350 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: FOR GENERAL OPERATING SUPPORT. | $7,000,000 |
New York, NY PURPOSE: TO SUPPORT THE WORLD HEALTH ORGANIZATION TO STRENGTHEN HEALTH SYSTEMS TO DELIVER AND MONITOR SERVICES THAT SUPPORT NURTURING CARE FOR YOUNG CHILDREN AND TO ENSURE GLOBAL VALIDITY OF THE GLOBAL SCALE FOR EARLY DEVELOPMENT. | $6,223,000 |
Scranton, PA PURPOSE: TO IMPLEMENT PHASE III OF THE HIGHER EDUCATION FOR SISTERS IN AFRICA PROGRAM. | $5,650,000 |
INTERNATIONAL UNION OF SUPERIORS GENERAL PURPOSE: TO CREATE AN ENDOWMENT FUND TO PROVIDE SUPPORT GLOBALLY TO CONGREGATIONS TO CARE FOR CATHOLIC SISTERS SUFFERING FROM ALZHEIMER'S DISEASE. | $5,000,000 |
THE WORLD BANK PURPOSE: TO LEVERAGE INVESTMENTS IN QUALITY CHILDCARE TO IMPROVE OUTCOMES FOR WOMEN, YOUNG CHILDREN, FAMILIES, BUSINESSES AND ECONOMIES. | $4,500,000 |
Washington, DC PURPOSE: TO SUPPORT TRANSFORMATIVE CHILDCARE POLICY AND FUNDING THROUGH THE ALLIANCE FOR EARLY SUCCESS POOLED FUND. | $4,000,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Conrad N Hilton Foundation has recieved totaling $83,822.
| Awarding Organization | Amount |
|---|---|
The Healey International Relief Foundation Inc Lumberton, NJ PURPOSE: GENERAL FOUNDATION GRANT TO SIERRA LEONE PROGRAM | $83,822 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Crankstart Foundation San Francisco, CA | $5,105,990,197 | $480,695,638 |
Conrad N Hilton Foundation Westlake Village, CA | $7,732,630,405 | $2,481,413,875 |
Good Ventures Foundation Palo Alto, CA | $4,383,621,636 | $449,683,738 |
The California Endowment Los Angeles, CA | $0 | $280,955,609 |
Sergey Brin Family Foundation San Francisco, CA | $4,934,252,269 | $912,518,052 |
James Irvine Foundation San Francisco, CA | $4,085,262,775 | $499,578,433 |
Columbia Lutheran Charities Astoria, OR | $246,096,987 | $180,771,261 |
Skoll Foundation Palo Alto, CA | $1,166,571,958 | $379,652,535 |
Broad Foundation Los Angeles, CA | $2,410,166,174 | $240,915,854 |
Valhalla Charitable Foundation Woodside, CA | $798,059,895 | $465,139,878 |
Hobson Lucas Family Foundation San Rafael, CA | $1,224,427,404 | $46,978,147 |
Tosa Foundation Portola Valley, CA | $620,174,698 | $135,076,785 |