The Rita And Alex Hillman Foundation

Organization Overview

The Rita And Alex Hillman Foundation is located in New York, NY. The organization was established in 1966. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rita And Alex Hillman Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Rita And Alex Hillman Foundation generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $6.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Rita And Alex Hillman Foundation has awarded 218 individual grants totaling $21,487,679. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2020

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Davis Ward & Hochman Llp
$67,500
Morgan Stanley
$70,394
Offit Capital Advisers
$417,678
Make Believe Works Llc
$70,000
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $1,197
Dividends & Interest $1,569,696
Profit on Inventory Sales $0
Other Income $187,135
Total Revenue $2,614,980

Grants Awarded

Over the last fiscal year, The Rita And Alex Hillman Foundation has awarded $4,375,811 in support to 44 organizations.

Grant RecipientAmount

UNC CHAPEL HILL

PURPOSE: SUPPORT NURSING EDUCATION

$538,346

JOHNS HOPKINS UNIV - CAPABLE

PURPOSE: SUPPORT NURSINGEDUCATION

$505,421

UNIVERSITY OF PENN SCHOOL OF NURSIN

PURPOSE: SUPPORT NURSING EDUCATION

$409,747

BROOKLYN ACADEMY OF MUSIC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: ADVANCE ARTS & SOCIAL WELL BEING

$266,500

UNIVERSITY OF UTAH

PURPOSE: EDUCATION

$201,441

TRUSTEES OF THE UNIVERSITY OF PENN

Org PageRecipient Profile

Philadelphia, PA

PURPOSE: SUPPORT NURSING EDUCATION

$200,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Rita And Alex Hillman Foundation has recieved totaling $650,000.

Awarding OrganizationAmount
Arthur Vining Davis Foundation 2

Pittsburgh, PA

PURPOSE: PALLIATIVE CARE

$400,000
Arthur Vining Davis Foundation 2

Pittsburgh, PA

PURPOSE: PALLIATIVE CARE

$250,000
View Grant Recipient Profile

Peer Organizations

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