Hill Trust Fund - Durham Academy

ORLANDO, FL EIN: 56-6173864

Hill Trust Fund - Durham Academy is a private foundation focused on Education, based in ORLANDO, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $164K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$164K

+0.2% YoY

Annual Giving

$7K

-4.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

-4.5% YoY

Under IRS private-foundation payout rules, Hill Trust Fund - Durham Academy reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Hill Trust Fund - Durham Academy

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $28K (100%)

States

North Carolina

Cities

Durham

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$163,600	$163,286	$182,535
Revenue	$10,970	$-8,423	$8,126
Expenses	$10,736	$10,869	$9,884
Qualifying Distributions	$9,378	$8,846	$7,280
Net Investment Income	$9,592	$2,695	$6,002
Distributable Amount	$9,030	$8,538	$8,966

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Durham Academy ($6,504).

Recipient	Purpose	Amount
DURHAM ACADEMY DURHAM, NC	GENERAL OPERATING	$6,504

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
TRUIST BANK	TRUSTEE	2	$2,671

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Hill Trust Fund - Durham Academy?

Hill Trust Fund - Durham Academy is a private foundation focused on Education, based in ORLANDO, FL. It holds $164K in total assets as of 2024.

How large is Hill Trust Fund - Durham Academy?

As of 2024, Hill Trust Fund - Durham Academy holds $164K in total assets with $11K in annual revenue. It awarded 1 grants totaling $7K in 2024.

Where does Hill Trust Fund - Durham Academy operate?

Hill Trust Fund - Durham Academy has awarded grants in North Carolina.

What size grants does Hill Trust Fund - Durham Academy award?

In 2024, Hill Trust Fund - Durham Academy awarded 1 grants totaling $7K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Hill Trust Fund - Durham Academy required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hill Trust Fund - Durham Academy reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hill Trust Fund - Durham Academy's EIN?

Hill Trust Fund - Durham Academy's EIN (Employer Identification Number) is 56-6173864. IRS Form 990 filing data is available on this page for 2020–2024.