The Hitt Family Foundation Inc

FALLS CHURCH, VA EIN: 54-1963708

The Hitt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALLS CHURCH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 4 grants totaling $3.1M. Net investment income was $349K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$12.0M

+206.8% YoY

Annual Giving

$3.1M

Grant Count

4

Avg Grant Size

$769K

About The Hitt Family Foundation Inc

Based on IRS filings

The Hitt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in FALLS CHURCH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $12.0M in total assets. In 2024, it awarded 4 grants totaling $3.1M. Net investment income was $349K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AmissvilleArlingtonAtlantaBethesdaBlacksburgFairfaxFalls ChurchLocust GroveMiddletownNew YorkRichmondWashingtonWaterfordWaynesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$13M$17M20202021202220232024
Metric202420232022
Total Assets$12,032,147$3,922,122$3,671,383
Revenue$11,784,842$-64,933$278,566
Expenses$3,193,154$69,481$300,406
Qualifying Distributions$3,079,725$7,500$238,081
Net Investment Income$348,763
Distributable Amount$349,684$179,756$183,975

Giving Over Time

Total grant dollars and number of grants per year

$0$4M$7M$11M$14M10 grants202011 grants20211 grants20220 grants20234 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

VIRGINIA TECH FOUNDATION$2.5MLAUREL RIDGE COMMUNITY C…$300KGEORGIA TECH ATHLETIC AS…$250KST MARY'S EPISCOPAL CHURCH$25K

Grant Size Distribution

26 grants across all recorded years

3<$50K2$50–100K6$100–250K6$250–500K4$500K–1M4$1–5M1$5M+

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

NameTitleHoursCompensation
BRETT HITTPRESIDENT/TRUSTEE1
CULLEN A HITTVICE PRESIDENT/TRUSTEE1
ALEXANDER SELEZNYOVTREASURER/SECRETARY/TRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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