The Larry L. Hillblom Foundation is a California non-profit public benefit corporation established in 1996 and funded through a bequest from Larry L. Hillblom, co-founder of DHL Worldwide Express. Based in Sonoma, California, the foundation is a private foundation dedicated to supporting medical research.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$152.5M
+3.6% YoY
Annual Giving
$6.9M
+9.1% YoY
Grant Count
47
+11.9% YoY
Avg Grant Size
$146K
-2.5% YoY
Mission & Focus Areas
The foundation's mission is to support medical research within the State of California in efforts toward curing, treating, and managing Diabetes Mellitus and Metabolic Syndrome, and chronic and degenerative diseases associated with aging, with a primary focus on brain and vision disorders.
The foundation supports:
- Basic scientific research
- Clinical research
- Research related to patient self-care and management
Research approaches emphasize genetic, molecular, cellular, and metabolic methodologies. By virtue of Mr. Hillblom's will, substantially all of the foundation's funding supports medical research within California, with particular attention to research programs conducted by the University of California.
Grantmaking
The foundation makes contributions to preselected charitable organizations.
Grant Range
s:**
Average Grant
amount: $131,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in California, with particular emphasis on research programs conducted by the University of California.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024):
- Total assets: $152,507,931
- Total giving: $6,852,302
- Total revenues: $8,223,952
- Total expenses: $11,136,762
Historical Asset Growth:
- 2011: $112.6 million
- 2023: $147 million
- 2024: $152.5 million
Organization Structure:
- 6 employees
- 9 officers and trustees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $152,507,931 | $147,169,346 | $131,781,102 |
| Revenue | $8,223,952 | $2,788,486 | $10,793,431 |
| Expenses | $11,136,762 | $9,620,676 | $7,165,619 |
| Qualifying Distributions | $7,844,211 | $7,149,945 | $7,726,535 |
| Net Investment Income | $7,879,158 | $3,977,778 | $9,433,926 |
| Distributable Amount | $7,437,889 | $6,753,639 | $6,751,875 |
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
239 grants across all recorded years
Open Grants
2 open opportunities from The Larry L Hillblom Foundation Inc
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETE DONNICI | PRESIDENT/CEO | 20 | $159,656 |
| DAVE JONES | TREASURER/CFO (THRU 9/24) | 40 | $133,972 |
| DAVE PIER | EXECUTIVE DIRECTOR (AS OF 10/24) | 40 | $60,577 |
| GRANT ANDERSON | VICE PRESIDENT | 20 | $132,794 |
| JOSEPH WAECHTER | CHAIRMAN (AS OF 10/24) | 20 | $41,500 |
| JANICE QUISTAD | DIRECTOR | 7 | $41,500 |
| IDA O'BRIEN | DIRECTOR | 7 | $41,500 |
| LEW REID | DIRECTOR | 7 | $41,500 |
| STEPHEN SCHWARTZ | DIRECTOR | 7 | $41,500 |
| PAUL KIMOTO | DIRECTOR | 7 | $10,500 |
| INGRID HERMRECK | DIRECTOR | 7 | $35,000 |
Contact Information
- Address: 566 Broadway, Sonoma, CA 95476-6602
- Phone: 707-762-6691
- Website: www.llhf.org
- EIN: 94-3241600
- Tax-exempt status: 501(c)(3), tax-exempt since November 1997
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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