Hittman Family Foundation Inc
- Assets
- $0.0
- Revenue
- $2.6m
- Investments
- $27.5m
- Employees
- 0
- Location
- Towson, MD
- Founding
- 12/1998
- Data as of
- 12/2019
- EIN
- 91-1937345
Organization Overview
Hittman Family Foundation Inc is located in Towson, MD. The organization was established in 1998. 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. Hittman Family Foundation Inc 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 12/2019, Hittman Family Foundation Inc generated $2.6m in total revenue. All expenses for the organization totaled $1.8m during the year ending 12/2019. While expenses have increased by 116.8% per year over the past 2 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, Hittman Family Foundation Inc has awarded 183 individual grants totaling $4,155,004. 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.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $77,225 |
| Interest on Savings | $1,961 |
| Dividends & Interest | $539,689 |
| Profit on Inventory Sales | $0 |
| Other Income | $765,395 |
| Total Revenue | $2,627,483 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,099 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $199,631 |
| Contributions, gifts, grants paid | $1,580,000 |
| Total expenses and disbursements | $1,779,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $9,018,158 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hittman Family Foundation Inc has awarded $2,423,004 in support to 104 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN TECHNION SOCIETY PURPOSE: UNDERGRADUATE DORMITORIES | $200,000 |
THE ASSOCIATED PURPOSE: MULTIPLE PROGRAMS | $170,000 |
PEF ISRAEL ENDOWMENT FUNDS PURPOSE: MULTIPLE PROGRAMSMULTIPLE PROGRAMS | $75,000 |
BARKING HOLLER ANIMAL SANCTUARY PURPOSE: GENERAL DONATION | $71,000 |
Los Angeles, CA PURPOSE: GENERAL DONATION | $65,000 |
PEABODY INSTITUTE PURPOSE: SANDRA HITTMAN SCHOLARSHIP IN DANCE | $60,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
Cognizant Us Foundation Washington, DC | $53,711,221 | $1,081,755 |
Bay And Paul Foundations Inc Wilmington, DE | $33,659,644 | $890,121 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
Operating Engineers Trust Fund Of Washington D C & Vicinity Sparks, MD | $40,754,444 | $17,999,357 |
C Kenneth And Dianne Wright Foundation Henrico, VA | $254,775 | $2,124,209 |
E Rhodes And Leona B Carpenter Foundation Radnor, PA | $250,926,779 | $43,460,229 |
Kahlert Foundation Inc Sykesville, MD | $93,179,960 | $19,162,440 |
Posner Foundation Of Pittsburgh Pittsburgh, PA | $0 | $20,216,193 |