The Margaret and Al Hill Family
The Margaret and Al Hill Family Foundation is a private family foundation established in Colorado and Texas, based in Dallas, Texas. The organization operates as a 501(c)(3) charitable entity and has been tax-exempt since June 1955.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$8.4M
+2450.4% YoY
Grant Count
4
-71.4% YoY
Avg Grant Size
$2.1M
+8826.4% YoY
Mission & Focus Areas
The foundation supports the following primary funding areas:
- Community assistance programs
- Animal protection and welfare
- Environmental conservation and biodiversity
- Preservation, research, and interpretation (cultural/historical)
- Athletic history preservation
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$5,000 to $5,607,414
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Colorado, with particular concentration in the Colorado Springs and Edwards areas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Summary:
- Total assets: $0
- Total giving: $8,423,037
- Total revenue: $526,228
- Total expenses: $8,429,749
- Giving rate: 302.3%
Historical Assets:
- 2022: $5.6 million
- 2021: $5.6 million
- 2020: $5.1 million
- 2019: $4.6 million
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $5,572,528 | $5,599,762 |
| Revenue | $526,228 | $312,882 | $864,014 |
| Expenses | $8,429,749 | $340,116 | $340,796 |
| Qualifying Distributions | $8,423,037 | $330,260 | — |
| Net Investment Income | $516,262 | $312,632 | $863,764 |
| Distributable Amount | $319,035 | $436,032 | $326,308 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2023
Grant Size Distribution
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Lyda Hill — President, Trustee & Chair of the Board
- Alinda H Wikert — Vice President & Trustee
- Heather H Washburne — Vice President & Trustee
- Michael B Wisenbaker Jr — Trustee
- Wesley Hill Wisenbaker — Trustee
- Elisa Hill Summers — Trustee
- Cody M Wikert — Trustee
- Margretta H Wikert — Secretary, Treasurer & Trustee
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LYDA HILL | PRESIDENT, TRUSTEE & C.O.B | 0.2 | — |
| ALINDA H WIKERT | V.P. & TRUSTEE | 0.1 | — |
| HEATHER H WASHBURNE | V.P. & TRUSTEE | 0.1 | — |
| MICHAEL B WISENBAKER JR | TRUSTEE | 0.1 | — |
| WESLEY HILL WISENBAKER | TRUSTEE | 0.05 | — |
| ELISA HILL SUMMERS | TRUSTEE | 0.05 | — |
| CODY M WIKERT | TRUSTEE | 0.05 | — |
| MARGRETTA H WIKERT | SEC., TREAS. & TRUSTEE | 0.05 | — |
Recent News & Activity
Recent developments and announcements
In March 2026, a lawsuit was filed in Dallas County probate court by Caroline M. Hill, the youngest child of Al Hill III and a 21-year-old student at Vanderbilt University. The lawsuit alleges that Hill is a contingent beneficiary of the Lyda Hunt-Margaret Trust, which should contain at least $15 million but has allegedly been "looted" and "dissolved."
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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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