David & Suzanne Hillman

Foundation · Grantmaker MCLEAN, VA EIN: 20-1970693

David & Suzanne Hillman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 3 grants totaling $1.2M. Net investment income was $122K.

Key facts about David & Suzanne Hillman

EIN
20-1970693
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,183,857
Grants made (2024)
3
Average grant
$394,619
Median grant
$200,303
Total assets
$2,805,711
Primary geography
Maryland (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who David & Suzanne Hillman funds

By grant dollars, the top recipient states for David & Suzanne Hillman's 3 itemized 2024 grants were Maryland (100%). None of its 3 grants with a stated purpose were described as general or operating support. Recurring purposes include "Tuition Assistance" (3 grants).

How David & Suzanne Hillman gives

  • Giving fell 29% from 2021 to 2024. Method
  • In 2024 it paid out 808% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+3.8% YoY

Annual Giving

$1.2M

+7.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$395K

+7.0% YoY

Under IRS private-foundation payout rules, David & Suzanne Hillman reported a distributable amount of $148K for 2024 — the minimum it must pay out in qualifying distributions.

About David & Suzanne Hillman

Based on IRS filings

David & Suzanne Hillman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 3 grants totaling $1.2M. Net investment income was $122K.

Your AI grants department

Ready to take the next step with David & Suzanne Hillman?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Share of all 3 itemized 2024 grant dollars.

States

Cities

LargoRockvilleCollege Park

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$470K$940K$1M$2M20202021202220232024
Metric202420232022
Total Assets$2,805,711$2,701,958$2,588,962
Revenue$1,319,111$1,242,460$1,502,583
Expenses$1,215,358$1,129,439$1,456,427
Qualifying Distributions$1,199,741$1,118,843$1,445,043
Net Investment Income$122,356$126,516$57,386
Distributable Amount$148,394$136,110$134,756

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$419K$838K$1M$2M2 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

University of Maryland College Park Foundation Inc: $798KUniversity of Maryland CollegePark Foundation Inc$798KPrince George's Community College Foundationinc: $200KPrince George's CommunityCollege Foundationinc$200KMontgomery College Foundation: $185KMontgomery College Foundation$185K

Grant Size Distribution

14 grants across all recorded years

<$50K$50–100K9$100–250K1$250–500K2$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include University of Maryland College Park Foundation Inc ($798,476), Prince George's Community College Foundationinc ($200,303), Montgomery College Foundation ($185,078).

RecipientPurposeAmount
UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC COLLEGE PARK, MDTUITION ASSISTANCE$798,476
PRINCE GEORGE'S COMMUNITY COLLEGE FOUNDATIONINC LARGO, MDTUITION ASSISTANCE$200,303
MONTGOMERY COLLEGE FOUNDATION ROCKVILLE, MDTUITION ASSISTANCE$185,078

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Suzanne D HillmanPresident0.25—
Gabrielle M DuvallVice President/Secretary0.25—
Michael a CulhamTreasurer0.25—
Richard Gr HillmanTrustee0.25—
Cheryl Anne HillmanTrustee0.25—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is David & Suzanne Hillman?

David & Suzanne Hillman is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MCLEAN, VA. It holds $2.8M in total assets as of 2024.

How large is David & Suzanne Hillman?

As of 2024, David & Suzanne Hillman holds $2.8M in total assets with $1.3M in annual revenue. It awarded 3 grants totaling $1.2M in 2024.

Where does David & Suzanne Hillman operate?

David & Suzanne Hillman has awarded grants in Maryland.

What size grants does David & Suzanne Hillman award?

In 2024, David & Suzanne Hillman awarded 3 grants totaling $1.2M — an average of about $395K per grant, based on its IRS Form 990 filings.

How much is David & Suzanne Hillman required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Suzanne Hillman reported a distributable amount of $148K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David & Suzanne Hillman's EIN?

David & Suzanne Hillman's EIN (Employer Identification Number) is 20-1970693. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in David & Suzanne Hillman's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in Virginia

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

Your AI grants department

Here's the math on researching David & Suzanne Hillman by hand.