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Also known as: C/O FRANK RIMERMAN CO LLP
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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. Total assets have grown from $31.5M in 2011 to $79.5M in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2024. The foundation primarily funds organizations in Arizona, California and New York. 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.
Smallest Grant
$25K
Median Grant
$125K
Average Grant
$294K
Largest Grant
$900K
Based on 4 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
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 | N/A |
| Kevin Mcauliffe | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$79.5M
Fair Market Value
N/A
Net Worth
$79.5M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
| 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 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA