Hillman Family Foundations

Organization Overview

Hillman Family Foundations is located in Pittsburgh, PA. The organization was established in 1965. 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. Hillman Family Foundations 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 12/2021, Hillman Family Foundations generated $264.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 40.6% each year . All expenses for the organization totaled $125.3m during the year ending 12/2021. While expenses have increased by 27.6% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Hillman Family Foundations has awarded 1,989 individual grants totaling $210,438,653. 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

NOT APPLICABLE


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The Hillman Company
$8,595,220
Zeus Construction Co Inc
$134,779
Wall-to-wall Studios Inc
$112,900
The Common Pool Llc
$110,000
Sisterson & Co Llp
$72,850
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $6,415,149
Interest on Savings $0
Dividends & Interest $2,720,217
Net Rental Income$0
Net Gain on Sale of Assets $255,454,520
Capital Gain Net Income $280,558,924
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $111,853
Total Revenue $264,701,739

Grants Awarded

Over the last fiscal year, Hillman Family Foundations has awarded $120,663,149 in support to 1,122 organizations.

Grant RecipientAmount

EYE & EAR FOUNDATION INC

PURPOSE: LIFE SCIENCES ECONOMIC DEVELOPMENT CORRIDOR / DEVELOPING INNOVATIVE VISION CARE FOR ALL

$4,000,000

CARNEGIE MELLON UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: GIFT OF HILLMAN RESIDENCE, MOREWOOD HEIGHTS, FOR USE AS THE UNIVERSITY PRESIDENTS RESIDENCE

$3,300,000

DUQUESNE UNIVERSITY

PURPOSE: CONSTRUCTION OF NEW COLLEGE OF OSTEOPATHIC MEDICINE

$3,000,000

UNIVERSITY OF PITTSBURGH CANCER INSTITUTE

PURPOSE: TOWARD THE HILLMAN FELLOWS FOR INNOVATIVE CANCER RESEARCH

$3,000,000

THE PITTSBURGH PROMISE FOUNDATION

PURPOSE: POST-SECONDARY SCHOLARSHIP PROGRAM FOR PITTSBURGH PUBLIC SCHOOL GRADUATES

$2,500,000

CARNEGIE MELLON UNIVERSITY

Org PageRecipient Profile

Pittsburgh, PA

PURPOSE: FACILITIES AND CAPITAL IMPROVEMENTS

$2,250,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Hillman Family Foundations has recieved totaling $32,600.

Awarding OrganizationAmount
A Schools Pittsburghs Community Alliance For Public Education

Pittsburgh, PA

PURPOSE: COVID SUPPORT/AID AND OTHER MISCELLANEOUS GRANTS

$16,300
A Schools Pittsburghs Community Alliance For Public Education

Pittsburgh, PA

PURPOSE: COVID SUPPORT/AID AND OTHER MISCELLANEOUS GRANTS

$16,300
View Grant Recipient Profile

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