SONOMA, CA

Larry L Hillblom Foundation Inc.

Quick Facts

EIN: 943241600
Location: SONOMA, CA
Category: Health
Total Assets: $152.5M
Annual Income: $15.8M
IRS Ruling Year: 1997
Organization Type: Corporation
Tax Deductibility: Contributions are deductible

About This Foundation

Larry L Hillblom Foundation Inc. is a private corporation based in SONOMA, CA. The foundation received its IRS ruling in 1997. It holds total assets of $152.5M. Annual income is reported at $15.8M. The foundation operates in the area of health. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$9.6M

2023+34%

Total Assets

$147.2M

2023+12%

Fair Market Value

$147.2M

2023

Net Worth

$138.5M

2023

Grants Paid

$7.1M

2023

Contributions

2023

Net Investment Income

$4M

2023

Distribution Amount

$6.8M

2023

Total Giving by Year

$3.1M

$5.6M

$5M

$11.5M

$9.7M

$9.6M

$7.7M

$8.7M

$7.2M

$9.6M

Asset Growth

$112.6M

$122.3M

$138.2M

$136.9M

$124.8M

$143.3M

$157M

$170.3M

$131.8M

$147.2M

Investment Portfolio (2023)

Total: $105.6M

Corporate Stock: $85.4M

Corporate Bonds: $15.7M

Government Obligations: $4.5M

Other Investments: $34.3M

Cash: $131K

Corporate Stock (61%)

Corporate Bonds (11%)

Government Obligations (3%)

Other Investments (24%)

Cash (0%)

Expense Breakdown (2023)

Grants Paid$7.1M

Officer Compensation$663K

Pension & Benefits$141K

Occupancy$103K

Accounting Fees$46K

Depreciation$12K

Revenue Sources (2023)

Capital Gains (Net): $2M
Dividends: $1.1M
Interest: $809
Other Income: $-274,415

Financial Details (2023)

Total Revenue: $2.8M
Total Expenses: $9.6M
Exempt Purpose Expenses: $7.1M
Required Distribution: $6.8M
Undistributed Income: $0
Grants Approved (Future): $8M
Total Liabilities: $8.7M
Excise Tax: $55K

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

Grantmaking Insights

Total Grants

Total Giving

$11.7M

Average Grant

$233K

Median Grant

$61K

Total Giving by Year

$5.4M (8 grants)

$6.3M (42 grants)

Grant Range

Min$2K

Max$2.2M

Median: $61K

Smallest grantLargest grant

Openness to New Grantees (2023)

85%

of 2023 grantees were first-time recipients

Geographic Distribution of Grants

OH: $10K (1)

CA: $11.6M (48)

TN: $5K (1)

CA$11.6M (48)

OH$10K (1)

TN$5K (1)

Past Grantees

Recipient	Location	Amount	Year
Regents University Of CalifGENERAL SUPPORT	San Francisco, CA	$1.6M	2023
Uc San DiegoGENERAL SUPPORT	La Jolla, CA	$1M	2023
The Salk Institute For Biological StudiesGENERAL SUPPORT	La Jolla, CA	$665K	2023
Buck Institute For Research On AgingGENERAL SUPPORT	Novato, CA	$520K	2023
J Craig Venter InstituteGENERAL SUPPORT	La Jolla, CA	$300K	2023
Sanford-Burnham MedicalGENERAL SUPPORT	La Jolla, CA	$300K	2023
Stanford UniversityGENERAL SUPPORT	Stanford, CA	$280K	2023
Regents University Of CalifGENERAL SUPPORT	Los Angeles, CA	$275K	2023
The J David Gladstone InstitutesGENERAL SUPPORT	San Francisco, CA	$120K	2023
Kinsburg Historical Society IncGENERAL SUPPORT	Kingsburg, CA	$105K	2023
University Of California - San Francisco FoundationGENERAL SUPPORT	San Francisco, CA	$100K	2023
Valley Performing ArtsGENERAL SUPPORT	Kingsburg, CA	$87K	2023
City Of HopeGENERAL SUPPORT	Duarte, CA	$75K	2023
University Of Southern CaliforniaGENERAL SUPPORT	Los Angeles, CA	$75K	2023
Cedars Sinai Medical CenterGENERAL SUPPORT	Los Angeles, CA	$70K	2023
The Scripps Research InstituteGENERAL SUPPORT	La Jolla, CA	$70K	2023
Regents University Of California Co Uc IrvineGENERAL SUPPORT	Long Beach, CA	$65K	2023
First Baptist Church KinsburgGENERAL SUPPORT	Kinsburg, CA	$56K	2023
Kingsburg Joint Union High SchoolGENERAL SUPPORT	Kingsburg, CA	$55K	2023
Community Foundation Sonoma CountyGENERAL SUPPORT	Santa Rosa, CA	$55K	2023
Jewish Family & ChildrenGENERAL SUPPORT	San Francisco, CA	$41K	2023
World ReaderGENERAL SUPPORT	San Francisco, CA	$40K	2023
Morro Bay 4-H ClubGENERAL SUPPORT	Davis, CA	$25K	2023
Sonoma Valley HospitalGENERAL SUPPORT	Sonoma, CA	$25K	2023
10000 DegreesGENERAL SUPPORT	San Rafael, CA	$25K	2023
Career Technical Education Foundation For Sonoma County (Cte)GENERAL SUPPORT	Healdsburg, CA	$25K	2023
Sacramento Sheriff'S Toy ProjectGENERAL SUPPORT	Rancho Cordova, CA	$24K	2023
Madera County Sheriff'S FoundationGENERAL SUPPORT	Madera, CA	$20K	2023
Dala MonthlyGENERAL SUPPORT	Kingsburg, CA	$20K	2023
Kingsburg High School Music BoostersGENERAL SUPPORT	Kingsburg, CA	$20K	2023
Joni & Friends Central CaliforniaGENERAL SUPPORT	Fresno, CA	$16K	2023
Down SyndromeGENERAL SUPPORT	Fresno, CA	$13K	2023
Petaluma Educational FoundationGENERAL SUPPORT	Petaluma, CA	$10K	2023
Truth For LifeGENERAL SUPPORT	Cleveland, OH	$10K	2023
Oakhurst Lutheran ChurchGENERAL SUPPORT	Oakhurst, CA	$8K	2023
Sonoma State UniversityGENERAL SUPPORT	Rohnert Park, CA	$8K	2023
Heroes Of The Vosges Museum FundGENERAL SUPPORT	Sacramento, CA	$5K	2023
Boys And Girls Club Of Lake TahoeGENERAL SUPPORT	South Lake Tahoe, CA	$5K	2023
St Jude Children'S Research HospitalGENERAL SUPPORT	Memphis, TN	$5K	2023
Uc Santa Barbara FoundationGENERAL SUPPORT	Santa Barbara, CA	$5K	2023
Republic Of ThriftGENERAL SUPPORT	Sonoma, CA	$5K	2023
Sonoma Valley Mentoring AllianceGENERAL SUPPORT	Sonoma, CA	$2K	2023
Regents University Of CalifGENERAL SUPPORT	San Francisco, CA	$2.2M	2022
Regents University Of CalifGENERAL SUPPORT	Los Angeles, CA	$675K	2022
Uc San DiegoGENERAL SUPPORT	La Jolla, CA	$670K	2022
The Salk Institute For Biological StudiesGENERAL SUPPORT	La Jolla, CA	$665K	2022
J Craig Venter InstituteGENERAL SUPPORT	La Jolla, CA	$300K	2022
Regents University Of Calif Co UcsbGENERAL SUPPORT	Santa Barbara, CA	$300K	2022
Sanford-Burnham MedicalGENERAL SUPPORT	La Jolla, CA	$261K	2022
Stanford UniversityGENERAL SUPPORT	Stanford, CA	$260K	2022