Richard and Loan Hill Family Foundation
Richard and Loan Hill Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 8 grants totaling $648K. Net investment income was $572K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$5.7M
-0.5% YoY
Annual Giving
$648K
-44.6% YoY
Grant Count
8
+166.7% YoY
Avg Grant Size
$81K
-79.2% YoY
Under IRS private-foundation payout rules, Richard and Loan Hill Family Foundation reported a distributable amount of $607K for 2024 — the minimum it must pay out in qualifying distributions.
About Richard and Loan Hill Family Foundation
Based on IRS filings
Richard and Loan Hill Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.7M in total assets. In 2024, it awarded 8 grants totaling $648K. Net investment income was $572K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $5,721,109 | $5,749,112 | $5,649,758 |
| Revenue | $627,355 | $1,254,795 | $294,456 |
| Expenses | $699,491 | $1,177,072 | $2,527 |
| Qualifying Distributions | $648,303 | $1,170,010 | $13 |
| Net Investment Income | $572,343 | $1,244,382 | $282,457 |
| Distributable Amount | $607,041 | $551,365 | $569,530 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Illinois ($305,000), One World Surgery ($100,000), Leland Stanford Junior University ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FROM K-1 - ENTERPRISE PRODUCTS PARTNERS LP HOUSTON, TX | PASS THROUGH DONATION | $3 |
| UNIVERSITY OF ILLINOIS URBANA, IL | DONATION TO THE UNIVERSITY OF ILLINOIS, DEPARTMENT OF ENGINEERING. | $305,000 |
| CHARITIES AID FOUNDATION OF AMERICA ALEXANDRIA, VA | DONATION TO THE LION'S CLUB SABANITAS, PANAMA CHAPTER FOR THE BENEFIT OF THE CACIQUE BASEBALL LEAGUE. | $18,090 |
| CHARITIES AID FOUNDATION OF AMERICA ALEXANDRIA, VA | GENERAL FUNDS TO SUPPORT LOCAL RESIDENTS' HOSPITAL AND MEDICAL NEEDS. | $5,100 |
| ONE WORLD SURGERY BIRMINGHAM, AL | DONATION TO DR. MERLIN OMAR ANTUNEZ VASQUEZ'S ORPHANAGE FOR ORTHOPEDIC SURGERIES IN HONDURAS. | $100,000 |
| LELAND STANFORD JUNIOR UNIVERSITY STANFORD, CA | DONATION TO STANFORD UNIVERSITY, SCHOOL OF MEDICINE. | $100,000 |
| CURE BLINDNESS PROJECT NORWICH, VT | DONATION TO A MEDICAL PROJECT IN GHANA, AFRICA. | $100,000 |
| CANVASBACK MISSIONS BENICIA, CA | DONATION TO SUPPORT DR. TZUN RAFAEL ORTHOPAEDIC RESIDENCY PROGRAM TO ENHANCE MEDICAL CAPABILITY FOR THE PEOPLE OF PALAU. | $20,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD S HILL | PRESIDENT | 1 | — |
| LOAN HILL | SECRETARY | 1 | — |
| DAVID HILL | DIRECTOR | 1 | — |
| RICHARD E HILL | DIRECTOR | 1 | — |
| CAROLINE C HILL | DIRECTOR | 1 | — |
| ANTHONY TRAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Richard and Loan Hill Family Foundation?
Richard and Loan Hill Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAS VEGAS, NV. It holds $5.7M in total assets as of 2024.
How large is Richard and Loan Hill Family Foundation?
As of 2024, Richard and Loan Hill Family Foundation holds $5.7M in total assets with $627K in annual revenue. It awarded 8 grants totaling $648K in 2024.
Where does Richard and Loan Hill Family Foundation operate?
Richard and Loan Hill Family Foundation has awarded grants in Alabama, California, Illinois, Oklahoma, Texas, Virginia, Vermont.
What size grants does Richard and Loan Hill Family Foundation award?
In 2024, Richard and Loan Hill Family Foundation awarded 8 grants totaling $648K — an average of about $81K per grant, based on its IRS Form 990 filings.
How much is Richard and Loan Hill Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Richard and Loan Hill Family Foundation reported a distributable amount of $607K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Richard and Loan Hill Family Foundation's EIN?
Richard and Loan Hill Family Foundation's EIN (Employer Identification Number) is 32-0452438. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.