Hitt Contracting Foundation Inc
Hitt Contracting Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALLS CHURCH, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 39 grants totaling $594K. Net investment income was $504K.
Key facts about Hitt Contracting Foundation Inc
- EIN
- 87-1433185
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $593,597
- Grants made (2024)
- 39
- Average grant
- $15,220
- Median grant
- $10,000
- Total assets
- $11,959,803
- Primary geography
- District of Columbia (40% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Hitt Contracting Foundation Inc funds
By grant dollars, the top recipient states for Hitt Contracting Foundation Inc's 39 itemized 2024 grants were District of Columbia (40%), Virginia (27%) and Maryland (6%). The most frequent recipient cities were Washington, DC (10 grants), Arlington, VA (5 grants), Fairfax, VA (3 grants) and Vienna, VA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.0M
-0.0% YoY
Annual Giving
$594K
+43.3% YoY
Grant Count
39
+160.0% YoY
Avg Grant Size
$15K
-44.9% YoY
Under IRS private-foundation payout rules, Hitt Contracting Foundation Inc reported a distributable amount of $584K for 2024 — the minimum it must pay out in qualifying distributions.
About Hitt Contracting Foundation Inc
Based on IRS filings
Hitt Contracting Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALLS CHURCH, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 39 grants totaling $594K. Net investment income was $504K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 39 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,959,803 | $11,962,303 | $11,723,508 |
| Revenue | $547,314 | $607,461 | $2,000,000 |
| Expenses | $626,899 | $444,895 | $264,755 |
| Qualifying Distributions | $604,272 | $425,263 | $276,492 |
| Net Investment Income | $504,301 | $387,828 | — |
| Distributable Amount | $583,621 | $596,987 | $569,078 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
57 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Boys & Girls Clubs of Greater Washington ($73,750), Washington Nationals Philanthropies ($48,000), Trust for the National Mall ($45,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF GREATER WASHINGTON WASHINGTON, DC | GENERAL SUPPORT | $73,750 |
| WASHINGTON NATIONALS PHILANTHROPIES WASHINGTON, DC | GENERAL SUPPORT | $48,000 |
| TRUST FOR THE NATIONAL MALL WASHINGTON, DC | GENERAL SUPPORT | $45,000 |
| THE LEUKEMIA & LYMPHOMA SOCIETY RYE BROOK, NY | GENERAL SUPPORT | $30,000 |
| NATIONAL CAPITAL TREATMENT & RECOVERY ARLINGTON, VA | GENERAL SUPPORT | $29,555 |
| WOLF TRAP FOUNDATION VIENNA, VA | GENERAL SUPPORT | $28,580 |
| BREAKTHROUGH T1D - MID ATLANTIC HAGERSTOWN, MD | GENERAL SUPPORT | $26,100 |
| ACE MENTOR PROGRAM OF AMERICA INC PHILADELPHIA, PA | GENERAL SUPPORT | $25,000 |
| AMERICAN HEART ASSOCIATION INC DES MOINES, IA | GENERAL SUPPORT | $20,700 |
| FINABILITY PORTLAND, OR | GENERAL SUPPORT | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIMBERLY E H ROY | PRESDIENT AND DIRECTOR | 1 | — |
| MATT VESTER | VICE PRESIDENT AND DIRECTOR | 1 | — |
| NAZANIN CODD | SECRETARY AND DIRECTOR | 1 | — |
| MICHELLE DECKER | TREASURER AND DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hitt Contracting Foundation Inc?
Hitt Contracting Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALLS CHURCH, VA. It holds $12.0M in total assets as of 2024.
How large is Hitt Contracting Foundation Inc?
As of 2024, Hitt Contracting Foundation Inc holds $12.0M in total assets with $547K in annual revenue. It awarded 39 grants totaling $594K in 2024.
Where does Hitt Contracting Foundation Inc operate?
Hitt Contracting Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Iowa, Illinois, Maryland, Montana, New York, Oregon, Pennsylvania, South Carolina, Virginia.
What size grants does Hitt Contracting Foundation Inc award?
In 2024, Hitt Contracting Foundation Inc awarded 39 grants totaling $594K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Hitt Contracting Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hitt Contracting Foundation Inc reported a distributable amount of $584K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hitt Contracting Foundation Inc's EIN?
Hitt Contracting Foundation Inc's EIN (Employer Identification Number) is 87-1433185. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Hitt Contracting Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.