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The Hite Foundation Inc. is a private corporation based in MELVILLE, NY. The foundation received its IRS ruling in 2004. The principal officer is % Nbkw. It holds total assets of $15.1M. Annual income is reported at $650K. GRANTS PAID- SEE PART XV. According to available records, The Hite Foundation Inc. has made 11 grants totaling $819K, with a median grant of $40K. Individual grants have ranged from $7K to $275K, with an average award of $74K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in New York and Colorado and Maryland. Contributions to this foundation are tax-deductible.
GRANTS PAID- SEE PART XV
Expenses: $591K
GRANTS PAID- SEE PART XV. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NY, CO, MD.
The Hite Foundation Inc. has distributed a total of $819K across 11 grants. The median grant size is $40K, with an average of $74K. Individual grants have ranged from $7K to $275K.
The Hite Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Hite Foundation Inc. is headquartered in MELVILLE, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lawrence D Hite | PRESIDENT | $0 | $0 | $0 |
| Alex Greyserman | TREASURER | $0 | $0 | $0 |
| Sharon Hite | DIRECTOR | $0 | $0 | $0 |
Total Giving
$1.6M
Total Assets
$15.3M
Fair Market Value
$15.4M
Net Worth
$15.3M
Grants Paid
$900K
Contributions
$1.8M
Net Investment Income
$105K
Distribution Amount
$743K
Total Grants
11
Total Giving
$819K
Average Grant
$74K
Median Grant
$40K
Unique Recipients
11
Most Common Grant
$50K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Philharmonic-Symphony Society Of New York IncGENERAL SUPPORT | New York, NY | $275K | 2022 |
| Weill Cornell HospitalGENERAL SUPPORT | New York, NY | $250K | 2022 |
| Hias IncGENERAL SUPPORT | Silver Spring, MD | $50K | 2022 |
| WnetFOURTH INSTALLMENT OF A $200,000 PLEDGE, $50,000 | New York, NY | $50K | 2022 |
| The Young Mens And Young Womens Hebrew AssociationGENERAL SUPPORT | New York, NY | $50K | 2022 |
SANTA BARBARA, CA
DALLAS, TX
OCEAN CITY, MD
AUSTIN, TX
COLUMBUS, IN
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| The Little Orchestra Society - OrpheonGENERAL SUPPORT | New York, NY | $40K | 2022 |
| Aspen Music Festival And SchoolGENERAL SUPPORT | Aspen, CO | $35K | 2022 |
| The Aspen InstituteGENERAL SUPPORT | Aspen, CO | $28K | 2022 |
| African Parks Foundation Of AmericaGENERAL SUPPORT | New York, NY | $20K | 2022 |
| Metropolitan Opera Association IncGENERAL SUPPORT | New York, NY | $15K | 2022 |
| Vail Veterans Foundation IncGENERAL SUPPORT | Vail, CO | $7K | 2022 |
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