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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

College ParkLargoRockville

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

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 C…$798KPRINCE GEORGE'S COMMUNIT…$200KMONTGOMERY COLLEGE FOUND…$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 include University of Maryland College Park Foundation Inc ($798,476), Prince George's Community College Foundationinc ($200,303), Montgomery College Foundation ($185,078).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 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.

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

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