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Also known as: C/O FRANK RIMERMAN CO LLP
Hitz Foundation is a private corporation based in PALO ALTO, CA. The foundation received its IRS ruling in 2001. The principal officer is % Sangeeta Lam. It holds total assets of $79.5M. Annual income is reported at $11M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hitz Foundation has made 19 grants totaling $10.4M, with a median grant of $200K. Annual giving has decreased from $6.4M in 2022 to $4M in 2023. Individual grants have ranged from $25K to $2M, with an average award of $546K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Oregon, Florida, California, which account for 58% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Hitz Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 19 grants. Its grantmaking reaches organizations primarily in OR, FL, CA.
Hitz Foundation has distributed a total of $10.4M across 19 grants. The median grant size is $200K, with an average of $546K. Individual grants have ranged from $25K to $2M.
Hitz Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hitz Foundation is headquartered in PALO ALTO, CA. While based in CA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kenneth Hitz | PRESIDENT | $284K | $0 | $284K |
| David Hitz | TREASURER/CHAIRMAN | $0 | $0 | $0 |
| Kevin Mcauliffe | SECRETARY | $0 | $0 | $0 |
Total Giving
$5M
Total Assets
$82M
Fair Market Value
$85.2M
Net Worth
$82M
Grants Paid
$4M
Contributions
$5.8M
Net Investment Income
$1.4M
Distribution Amount
$3.8M
Total: $0
Total Grants
19
Total Giving
$10.4M
Average Grant
$546K
Median Grant
$200K
Unique Recipients
9
Most Common Grant
$65K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oregon Shakespeare FestivalARTS | Ashland, OR | $2M | 2023 |
| Global Digital HeritageRESEARCH | New Port Richey, FL | $886K | 2023 |
| PacunamSCIENTIFIC AND ARCHAELOGICAL RESEARCH | Guatemala City | $730K | 2023 |
| Maasai Wilderness Conservation FundENVIRONMENT | Santa Barbara, CA | $200K | 2023 |
| Roosevelt InstituteGENERAL OPERATING SUPPORT | New York, NY | $100K | 2023 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| World Monuments FundHISTORY | New York, NY | $65K | 2023 |
| Arizona State University FoundationEDUCATION | Tempe, AZ | $50K | 2023 |
| Waka Research FoundationRESEARCH | Saint Louis, MO | $96K | 2022 |
| Global Heritage FundHISTORY | San Francisco, CA | $65K | 2022 |
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