The Hitt Family Foundation Inc

Private foundation · Grantmaker Falls Church, VA EIN: 54-1963708

The Hitt Family Foundation Inc is a private foundation, based in Falls Church, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $4.1M in total assets. In 2025, it awarded 5 grants totaling $6.8M.

The Hitt Family Foundation Inc at a glance

In short: The Hitt Family Foundation Inc gave $6.8M across 5 grants in 2025 (avg $1.4M), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$6,786,600
+120.7% vs 2024
Grants made (2025)
5
+25.0% vs 2024
Average grant
$1,357,320
+76.6% vs 2024
Median grant
$500,000
Total assets
$4,149,936
-65.5% vs 2024
Primary geography
Virginia (78% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Hitt Family Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Inova Health System Foundation: $5.0MInova Health System Foundation$5.0MGeorgia Tech Athletic Association: $1.0MGeorgia Tech AthleticAssociation$1.0MRichard J Caron Foundation: $500KRichard J Caron Foundation$500KLaurel Ridge Community College Educational Fdtn Inc: $250KLaurel Ridge Community CollegeEducational Fdtn Inc$250KSt Mary's Episcopal Church: $25KSt Mary's Episcopal Church$25K

The largest 2025 recipient was Inova Health System Foundation ($5.0M). Together the top 5 received $6.8M.

Grant Size Distribution

21 grants across all recorded years

3<$50K$50–100K3$100–250K6$250–500K3$500K–1M4$1–5M2$5M+

The most common grant size was in the $250–500K range: 6 grants of 21 (29%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2025 grant dollars across all 5 itemized grants.

Cities

ArlingtonBlacksburgFalls ChurchLocust GroveAmissvilleAtlantaBethesdaFairfaxMiddletownRichmondWaynesboroNew YorkWarrentonWashingtonWaterfordWernersville

How The Hitt Family Foundation Inc gives

  • Giving grew 2800% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M3 grants2019 10 grants2020 11 grants2021 1 grant2022 0 grants2023 4 grants2024 5 grants2025

From 2019 to 2025, annual grant giving ranged from $234K (2022) to $14.0M (2021). In 2025 it made 5 grants totaling $6.8M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Inova Health System Foundation Fairfax, VAGeneral Use$5,011,600
Georgia Tech Athletic Association Atlanta, GAGeneral Use$1,000,000
Richard J Caron Foundation Wernersville, PAGeneral Use$500,000
Laurel Ridge Community College Educational Fdtn Inc Middletown, VAGeneral Use$250,000
St Mary's Episcopal Church Richmond, VAGeneral Use$25,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$4,149,936$-147,359$6,906,390$6,786,6005$6,789,725—$369,116
2024$12,032,147$11,784,842$3,193,154$3,075,0004$3,079,725$348,763$349,684
2023$3,922,122$-64,933$69,481——$7,500—$179,756
2022$3,671,383$278,566$300,406$234,0571$238,081—$183,975
2021$4,598,989$15,172,893$14,159,973$14,047,67011$14,050,303$416,085$228,120
2020$3,552,705$2,115,495$3,573,735$3,500,00010—$1,819,774$188,605
2019$4,484,211$2,907,890$2,182,137$2,100,0003—$1,038,753$204,294

Under IRS private-foundation payout rules, The Hitt Family Foundation Inc reported a distributable amount of $369K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Hitt Family Foundation Inc is led by Brett Hitt, President & Trustee since 2021 (on filings since 2019); none of the 3 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Brett Hitt

    President & Trustee

    Vice President & Trustee → President & Trustee, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Alexander Seleznyov

    Treasurer, Secretary & Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cullen A. Hitt

    Vice President & Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: James Millar (2019–2020) — Secretary & Trustee
  • Former: Russell Hitt (2019–2020) — President & Trustee · Filing note: Deceased

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Hitt Family Foundation Inc

How much does The Hitt Family Foundation Inc give each year?

The Hitt Family Foundation Inc gave $6.8M across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $3.1M across 4 grants.

What is The Hitt Family Foundation Inc's typical grant size?

The Hitt Family Foundation Inc's median grant in 2025 was $500,000, and its average grant was $1,357,320, across 5 grants on its 2025 IRS Form 990-PF.

Where does The Hitt Family Foundation Inc give grants?

The Hitt Family Foundation Inc gives mostly in Virginia: 78% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Georgia (15%) and Pennsylvania (7%).

Does The Hitt Family Foundation Inc give general operating support?

Yes: 100% of The Hitt Family Foundation Inc's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The Hitt Family Foundation Inc's largest grantees?

The Hitt Family Foundation Inc's largest 2025 grantees include Inova Health System Foundation ($5,011,600), Georgia Tech Athletic Association ($1,000,000) and Richard J Caron Foundation ($500,000), according to its 2025 IRS Form 990-PF. Together they received 96% of its itemized 2025 grant dollars.

How large is The Hitt Family Foundation Inc?

The Hitt Family Foundation Inc reported $4.1M in total assets on its 2025 IRS Form 990-PF. It paid out $6.8M in qualifying distributions that year, against a required minimum of $369K (roughly 5% of its investment assets).

What is The Hitt Family Foundation Inc's EIN?

The Hitt Family Foundation Inc's EIN (Employer Identification Number) is 54-1963708. IRS Form 990 filing data is available on this page for 2019–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 14, 2025)
  2. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
  3. Added Form 990-PF for fiscal year 2019 (received by the IRS August 5, 2020)
  4. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  5. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 26, 2022)
  6. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 9, 2023)
  7. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 7, 2024)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Hitt Family Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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