The Hitt Family Foundation Inc

VERO BEACH, FL EIN: 26-3680854

The Hitt Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $180K in total assets. In 2024, it awarded 8 grants totaling $17K. Net investment income was $5K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$180K

+1.7% YoY

Annual Giving

$17K

+32.8% YoY

Grant Count

8

+0.0% YoY

Avg Grant Size

$2K

+32.8% YoY

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 VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $180K in total assets. In 2024, it awarded 8 grants totaling $17K. Net investment income was $5K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BaltimoreChicagoFort PierceIndianapolisLittle RockLos AngelesNew YorkPhiladelphiaVero BeachWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20K$41K$61K$82K20202021202220232024
Metric202420232022
Total Assets$179,670$176,590$158,346
Revenue$-2,181$7,668$-11,532
Expenses$17,190$12,945$20,760
Qualifying Distributions$17,190$12,945$19,700
Net Investment Income$5,003$7,668$6,078
Distributable Amount$9,080$8,315$9,091

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$11K$16K$21K8 grants20208 grants202110 grants20228 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

TRUSTEES OF UNIV OF PENN…$3KQUAIL VALLEY CHARITIES$3KLITERACY SERVICES OF IND…$3KPLANNED PARENTHOOD OF S …$3KCURE EPILEPSY$3KUNITED WAY OF INDIAN RIV…$3KOCEAN RESEARCH CONSERVAT…$1KCLEAN WATER COALITION$500

Grant Size Distribution

42 grants across all recorded years

42<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$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
JAMES A HITTPresident1
JOANN HITTTreasurer1

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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