Frederick P & Mary B Hitz Trust

Private foundation · Grantmaker Charlottesville, VA EIN: 54-6076815

Frederick P & Mary B Hitz Trust is a private foundation, based in Charlottesville, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $185K in total assets. In 2025, it awarded 1 grant totaling $950K. Net investment income was $21K.

Key facts about Frederick P & Mary B Hitz Trust

In short: Frederick P & Mary B Hitz Trust gave $950K across 1 grant in 2025 (avg $950K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
54-6076815
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$950,000
Grants made (2025)
1
Average grant
$950,000
Median grant
$950,000
Total assets
$184,642
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$185K

-78.6% YoY

Annual Giving

$950K

+1407.9% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$950K

+1407.9% YoY

Under IRS private-foundation payout rules, Frederick P & Mary B Hitz Trust reported a distributable amount of $43K for 2025 — the minimum it must pay out in qualifying distributions.

How Frederick P & Mary B Hitz Trust gives

  • Giving grew 1088% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

CharlottesvilleGreenwood

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M2 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $3K (2021) to $950K (2025). In 2025 it made 1 grant totaling $950K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Emmanuel Episcopal Church: $950KEmmanuel Episcopal Church$950K

The largest 2025 recipient was Emmanuel Episcopal Church ($950K).

Grant Size Distribution

5 grants across all recorded years

2<$50K2$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 2 grants of 5 (40%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Emmanuel Episcopal Church Greenwood, VATo Provide General Funds$950,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$184,642$861,050$859,031
Revenue$280,619$71,807$57,794
Expenses$956,056$70,908$19,208
Qualifying Distributions$952,476$65,317$15,209
Net Investment Income$21,463$25,835$54,136
Distributable Amount$42,569$51,136$44,941

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 8, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)

Leadership & Key People

Officers and directors from IRS filings

Frederick P & Mary B Hitz Trust is led by Mary B. Hitz, Trustee As N since 2021 (on filings since 2020) — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Mary B. Hitz

    Trustee As N

    Trustee As Needed → Trustee As N, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Frederick P. Hitz (2020–2023) — Trustee As N

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Frederick P & Mary B Hitz Trust

How much does Frederick P & Mary B Hitz Trust give each year?

Frederick P & Mary B Hitz Trust gave $950K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 1 grant.

How large is Frederick P & Mary B Hitz Trust?

Frederick P & Mary B Hitz Trust reported $185K in total assets on its 2025 IRS Form 990-PF. It paid out $952K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets).

Where does Frederick P & Mary B Hitz Trust operate?

Frederick P & Mary B Hitz Trust has awarded grants in Virginia.

What is Frederick P & Mary B Hitz Trust's EIN?

Frederick P & Mary B Hitz Trust's EIN (Employer Identification Number) is 54-6076815. IRS Form 990 filing data is available on this page for 2020–2025.

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

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