Hilliard Development Corporation

Foundation · Grantmaker Hilliard, OH EIN: 20-1239966 Website

Community Improvement & Capacity Building

THE HILLIARD DEVELOPMENT CORPORATION'S MISSION IS TO ADVANCE, ENCOURAGE AND PROMOTE CIVIC, ECONCOMIC, COMMERCIAL AND IDUSTRIAL DEVELOPMENT WITHIN THE CITY OF HILLIARD.

Key facts about Hilliard Development Corporation

EIN: 20-1239966
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $262,368
Grants made (2024): 9
Average grant: $29,152
Median grant: $25,000
Total assets: $13,365,234
Primary geography: Ohio (100% of itemized 2024 grant dollars)

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

Who Hilliard Development Corporation funds

By grant dollars, the top recipient states for Hilliard Development Corporation's 9 itemized 2024 grants were Ohio (100%). The most frequent recipient cities were Hilliard, OH (4 grants) and Columbus, OH (3 grants). None of its 9 grants with a stated purpose were described as general or operating support. Recurring purposes include "Innovation Grant" (8 grants).

How Hilliard Development Corporation gives

Giving grew 74% from 2021 to 2024. Method

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

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$13.4M

+1135.2% YoY

Annual Giving

$262K

+15.2% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$29K

-23.2% YoY

About Hilliard Development Corporation

Based on IRS filings

Hilliard Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Hilliard, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.4M in total assets. In 2024, it awarded 9 grants totaling $262K. Net investment income was $472K.

Focus Areas

Community Improvement & Capacity Building

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $262K (100%)

Share of all 9 itemized 2024 grant dollars.

States

Ohio

Cities

HilliardColumbusClevelandDublinPowellWesterville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$13,365,234	$1,082,009	$843,335
Revenue	$852,433	$600,696	$1,041,386
Expenses	$710,477	$371,823	$969,647
Qualifying Distributions	—	—	—
Net Investment Income	$472,195	$245,007	$425
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

33 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Forsee Power Inc ($100,000), Agile Ultrasonics Corporation ($35,000), Streetlynx Corporation ($25,000).

Recipient	Purpose	Amount
FORSEE POWER INC Hilliard, OH	INNOVATION GRANT	$100,000
AGILE ULTRASONICS CORPORATION Columbus, OH	INNOVATION GRANT	$35,000
STREETLYNX CORPORATION Columbus, OH	INNOVATION GRANT	$25,000
LIGHTHOUSE AVIONICS INC Hilliard, OH	INNOVATION GRANT	$25,000
MJT LEVEL INC Dublin, OH	INNOVATION GRANT	$25,000
GAMBIT SPORTSBOOK CORPORATION Columbus, OH	INNOVATION GRANT	$24,990
9 TREE LANDSCAPE Hilliard, OH	FACADE IMPROVEMENT	$13,312
VANNER INC Hilliard, OH	INNOVATION GRANT	$8,381
LITTLESEED INC Powell, OH	INNOVATION GRANT	$5,685

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

Name	Title	Hours	Compensation
Mark Tremayne	President	—	—
Michelle Crandall	Vice Preside	—	—
Aristotle Hutras	Board Member	—	—
Andy Teater	Board Member	—	—
Duane Powell	Board Member	—	—
Matt Van Vleet	Board Member	—	—
Joy Gallo	Board Member	—	—
David Meadows	Secretary	—	—
Greg Tantari	Treasurer	—	—

Subject Areas

Focus areas based on grantmaking activity

Community Improvement & Capacity Building

Frequently Asked Questions

What is Hilliard Development Corporation?

Hilliard Development Corporation is a nonprofit organization focused on Community Improvement & Capacity Building, based in Hilliard, OH. It holds $13.4M in total assets as of 2024.

How large is Hilliard Development Corporation?

As of 2024, Hilliard Development Corporation holds $13.4M in total assets with $852K in annual revenue. It awarded 9 grants totaling $262K in 2024.

Where does Hilliard Development Corporation operate?

Hilliard Development Corporation has awarded grants in Ohio.

What size grants does Hilliard Development Corporation award?

In 2024, Hilliard Development Corporation awarded 9 grants totaling $262K — an average of about $29K per grant, based on its IRS Form 990 filings.

What is Hilliard Development Corporation's EIN?

Hilliard Development Corporation's EIN (Employer Identification Number) is 20-1239966. IRS Form 990 filing data is available on this page for 2020–2024.