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The@Jared And Carol Hills Foundation is a private corporation based in CEDAR RAPIDS, IA. The foundation received its IRS ruling in 1997. The principal officer is Carol T Hills. It holds total assets of $10.3M. Annual income is reported at $4.5M. Total assets have grown from $2.7M in 2011 to $9.8M in 2023. The foundation is governed by 8 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. According to available records, The@Jared And Carol Hills Foundation has made 3 grants totaling $1.9M, with a median grant of $254K. Annual giving has decreased from $254K in 2020 to $40K in 2022. Grantmaking activity was highest in 2021 with $1.6M distributed across 1 grants. Individual grants have ranged from $40K to $1.6M, with an average award of $622K. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
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.
The@Jared And Carol Hills Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IA.
The@Jared And Carol Hills Foundation has distributed a total of $1.9M across 3 grants. The median grant size is $254K, with an average of $622K. Individual grants have ranged from $40K to $1.6M.
(1) no gifts to individuals, (2) only gifts to charities, (3) iowa public charities preferred.
The@Jared And Carol Hills Foundation is headquartered in CEDAR RAPIDS, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul Hills | DIRECTOR | $0 | $0 | N/A |
| Carol T Hills | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
| Roger J Schmidt | TREASURER AND DIRECTOR | $0 | $0 | N/A |
| Kari Dirks | DIRECTOR | $0 | $0 | N/A |
| Craig Vander Leest | DIRECTOR | $0 | $0 | N/A |
| William Colling | DIRECTOR | $0 | $0 | N/A |
| Darrel A Morf | SECRETARY AND DIRECTOR | $0 | $0 | N/A |
| Jared S Hills | VICE-PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$9.8M
Fair Market Value
$10.9M
Net Worth
$9.8M
Grants Paid
N/A
Contributions
$4.3M
Net Investment Income
$592K
Distribution Amount
$316K
Total: $9.7M
Total Grants
3
Total Giving
$1.9M
Average Grant
$622K
Median Grant
$254K
Unique Recipients
1
Most Common Grant
$1.6M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached StatementBENEFIT CHARITABLE PURPOSE | Cedar Rapids, IA | $40K | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA