Conrad N. Hilton Foundation
American non-profit charitable foundation / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Conrad N. Hilton Foundation?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
The Conrad N. Hilton Foundation is an American non-profit charitable foundation, established in 1944 by hotel entrepreneur Conrad Hilton. It remained relatively small until his death on January 3, 1979, when it was named the principal beneficiary of his estate. In 2007, Conrad's son, Barron Hilton announced that he would leave about 97% of his fortune[2] to a charitable remainder unitrust which names the foundation as the remainder beneficiary.[2][3]
Quick Facts Founded, Founder ...
Founded | 1944 |
---|---|
Founder | Conrad Hilton |
Type | Private foundation (IRS status): 501(c)(3) |
Purpose | Improving the lives of individuals living in poverty and experiencing disadvantage. |
Location | |
Method | Endowment |
Key people | Steven M. Hilton, chairman of the board Peter Laugharn, president and CEO |
Endowment | $5.89 billion USD[1] |
Website | www |
Close