Hills Family Foundation

ATLANTA, GA EIN: 58-2653431

Hills Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $94K in total assets. In 2024, it awarded 7 grants totaling $9K. Net investment income was $4K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$94K

-5.3% YoY

Annual Giving

$9K

+85.0% YoY

Grant Count

+40.0% YoY

Avg Grant Size

$1K

+32.1% YoY

Under IRS private-foundation payout rules, Hills Family Foundation reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About Hills Family Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Hills Family Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $37K (99%)

New York $250 (1%)

States

Georgia New York

Cities

AtlantaBrooklynSavannah

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$94,483	$99,818	$101,499
Revenue	$6,638	$5,583	$5,729
Expenses	$11,973	$7,264	$7,441
Qualifying Distributions	$9,250	$5,000	$5,250
Net Investment Income	$3,988	$3,295	$3,602
Distributable Amount	$6,835	$6,008	$6,110

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

30 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Atlanta Opera ($5,000), Skyland Trail ($1,000), Atlanta History Center ($1,000).

Recipient	Purpose	Amount
THE ATLANTA OPERA ATLANTA, GA	MAIN STAGEPERFORMANCES &PROGRAMMING	$5,000
SKYLAND TRAIL ATLANTA, GA	MENTAL HEALTHSERVICES FORTEENS & ADULTS	$1,000
ATLANTA HISTORY CENTER ATLANTA, GA	EXHIBITS &EDUCATIONAL PROGRAMMING	$1,000
THE HIGH MUSEUM OF ART ATLANTA, GA	EXHIBITS ANDEDUCATIONAL PROGRAMMING	$500
THE WESTMINSTER SCHOOLS ATLANTA, GA	STUDENT &FACULTY ADVANCEMENT	$1,000
YMCA OF METRO ATLANTA ATLANTA, GA	LEARNING &LITERACY PROGRAMS	$500
COLEL CHABAD BROOKLYN, NY	AID TOISRAELISDISPLACED BY WAR	$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
THOMAS D HILLS	TRUSTEE	0.25	—
WALLIS G HILLS	SECRETARY/TREASURER	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Hills Family Foundation?

Hills Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $94K in total assets as of 2024.

How large is Hills Family Foundation?

As of 2024, Hills Family Foundation holds $94K in total assets with $7K in annual revenue. It awarded 7 grants totaling $9K in 2024.

Where does Hills Family Foundation operate?

Hills Family Foundation has awarded grants in Georgia, New York.

What size grants does Hills Family Foundation award?

In 2024, Hills Family Foundation awarded 7 grants totaling $9K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Hills Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hills Family Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.