The Hillcrest Foundation
The Hillcrest Foundation is a private independent foundation established in 1958 by Mrs. W.W. Caruth, Sr. (Mrs. Earle Clark Caruth) to provide financial support to qualified Texas charitable organizations. The foundation is based in Spring Branch, Texas and operates as a 501(c)(3) organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+8.1% YoY
Annual Giving
$639K
+28.3% YoY
Grant Count
68
+1.5% YoY
Avg Grant Size
$9K
+26.4% YoY
Under IRS private-foundation payout rules, The Hillcrest Foundation reported a distributable amount of $762K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Hillcrest Foundation was created to provide financial support to qualified Texas charitable organizations for:
- The advancement of education
- The promotion of health
- The relief of poverty
The foundation prioritizes grant requests for:
- Construction and improvements of permanent buildings
- Programs and special projects for education, health, and poverty relief
- Capital campaigns
- Buildings, facilities, and equipment
The foundation's investment income strategy is designed to protect monetary resources as a hedge against inflation, ensuring that future grants may be carried out.
Grantmaking
The foundation accepts unsolicited applications. Grant requests for capital and program support are strongly encouraged. The foundation does not provide general operating support but does provide multiyear funding to some grantees.
How to Apply
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Geographic Focus
Where this funder awards grants
Most grants are made to charitable organizations located in Dallas County and the surrounding area. The foundation primarily funds organizations throughout North Texas and Texas more broadly.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2024 Financial Data:
- Total Assets: $11,575,683
- Total Revenue: $1,688,767
- Total Expenses: $817,372
- Total Liabilities: $0
Staff:
- 0 full-time employees (foundation operates with volunteer directors)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,575,683 | $10,704,288 | $10,929,125 |
| Revenue | $1,688,767 | $458,508 | $298,512 |
| Expenses | $817,372 | $683,345 | $640,861 |
| Qualifying Distributions | $653,400 | $512,400 | $597,286 |
| Net Investment Income | $1,688,767 | $458,508 | $336,937 |
| Distributable Amount | $761,506 | $654,051 | $638,266 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Samaritan's Purse ($63,000), Every Orphan's Hope ($30,000), Angel Reach ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN BATTLEFIELD TRUST WASHINGTON, DC | SUPPORT PROGRAMS | $10,000 |
| AMERICAN CIVIL WAR MUSEUM RICHMOND, VA | SUPPORT PROGRAMS | $10,000 |
| ANGEL REACH CONROE, TX | SUPPORT PROGRAMS | $15,000 |
| ANGELA HOUSE HOUSTON, TX | SUPPORT PROGRAMS | $10,000 |
| BAMBERGER RANCH PRESERVE JOHNSON CITY, TX | SUPPORT PROGRAMS | $5,000 |
| BEYOND BATTEN DISEASE FOUNDATION AUSTIN, TX | SUPPORT PROGRAMS | $10,000 |
| CENTRAL VIRGINIA BATTLEFIELDS TRUST FREDERICKSBURG, VA | SUPPORT PROGRAMS | $10,000 |
| CHILD ADVOCATES OF MONTGOMERY COUNTY CONROE, TX | SUPPORT PROGRAMS | $10,000 |
| COMP-U-DOPT HOUSTON, TX | SUPPORT PROGRAMS | $10,000 |
| COMPASSION UNITED CONROE, TX | SUPPORT PROGRAMS | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Dr. David Mouton (Director)
- William Panill (Director)
- Elizabeth Gimmler (Director)
- Diane Keir (Director)
- David Myers (Director)
- Renee J. Kelly (Director/Accounting)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DR DAVID MOUTON | DIRECTOR | — | — |
| WILLIAM PANILL | DIRECTOR | — | — |
| ELIZABETH GIMMLER | DIRECTOR | — | — |
| DIANE KEIR | DIRECTOR | — | — |
| DAVID MYERS | DIRECTOR | — | — |
| RENEE J KELLY | DIRECTOR/ACCOUNTING | 3 | $14,400 |
Recent News & Activity
Recent developments and announcements
The foundation has made recent grants supporting various causes across North Texas, including:
Hillcrest Foundation Awards \xA3123,212 in Grants to Support Organisations\Support to Humanities Texas
Hillcrest Foundation Awards $25000 to Humanities TexasInvestment in North Texas Food Bank's feeding network
Hillcrest Foundation Invests in North Texas Food Bank\u2019sGrants to organizations addressing education, health, and poverty relief
The foundation maintains an active grantmaking program and continues to accept grant applications from qualified Texas charitable organizations.
Hillcrest Foundation Awards \xA3123,212 in Grants to Support Organisations\Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Hillcrest Foundation fund?
The Hillcrest Foundation was created to provide financial support to qualified Texas charitable organizations for: • The advancement of education • The promotion of health • The relief of poverty The foundation prioritizes grant requests for: • Construction and improvements of permanent buildings • Programs and special projects for education, health, and poverty relief • Capital campaigns • Buildings, facilities, and equipment The foundation's investment income strategy is designed to protect m…
How do I apply for a grant from The Hillcrest Foundation?
**Grant Activity:** • Made 64 grants in 2024 • Typical grant awards range from $10,000 to $500,000 • Median grant amount: $7,000 • Maximum grant amount observed: $26,000 **Recent Grantees (2024):** • Samaritan's Purse: $63,000 • Every Orphan's Hope: $30,000 • Move United (DSUSA): $15,000 • Additional 48 grants totaling $480,000 **Application Process:** The foundation accepts unsolicited applications. Grant requests for capital and program support are strongly encouraged. The foundation does not…
Where does The Hillcrest Foundation make grants?
Most grants are made to charitable organizations located in Dallas County and the surrounding area. The foundation primarily funds organizations throughout North Texas and Texas more broadly.
What size grants does The Hillcrest Foundation award?
In 2024, The Hillcrest Foundation awarded 68 grants totaling $639K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is The Hillcrest Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hillcrest Foundation reported a distributable amount of $762K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hillcrest Foundation's EIN?
The Hillcrest Foundation's EIN (Employer Identification Number) is 31-1501699. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hillcrest Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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