Hite Family Foundation is a private foundation focused on Education, based in LONG LAKE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 4 grants totaling $7K. Net investment income was $13.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4K
-66.3% YoY
Annual Giving
$7K
-88.8% YoY
Grant Count
4
+33.3% YoY
Avg Grant Size
$2K
-91.6% YoY
About Hite Family Foundation
Based on IRS filings
Hite Family Foundation is a private foundation focused on Education, based in LONG LAKE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4K in total assets. In 2024, it awarded 4 grants totaling $7K. Net investment income was $13.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,684 | $10,946 | $74,464 |
| Revenue | $38 | $64 | $22,814 |
| Expenses | $7,299 | $63,755 | $41,912 |
| Qualifying Distributions | $7,040 | $62,710 | $41,583 |
| Net Investment Income | $13 | $1,350 | $22,883 |
| Distributable Amount | $365 | $1,982 | $4,791 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Barbara A Hite | President | 1 | — |
| H Eugene Hite Jr | Secy Treasurer | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Clearway Minnesota (sm)
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Assets
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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