The Margaret and Al Hill Family

Foundation · Grantmaker Dallas, TX EIN: 75-6010533

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.

Key facts about The Margaret and Al Hill Family

EIN: 75-6010533
Latest 990 filing: Form 990-PF, 2023
Annual giving (2023): $8,416,315
Grants made (2023): 4
Average grant: $2,104,079
Median grant: $936,553
Primary geography: Colorado (100% of itemized 2023 grant dollars)
Accepts unsolicited proposals: No
How to apply: The foundation does not accept unsolicited applications and operates on an invite-only basis. Full details ↓

Data from IRS Form 990-PF, 2023; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Margaret and Al Hill Family funds

By grant dollars, the top recipient states for The Margaret and Al Hill Family's 4 itemized 2023 grants were Colorado (100%). The most frequent recipient cities were Colorado Springs, CO (3 grants). None of its 4 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support Community Assistance Program" (3 grants).

How The Margaret and Al Hill Family gives

In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

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

Next steps with The Margaret and Al Hill Family

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Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$8.4M

+2450.4% YoY

Grant Count

-71.4% YoY

Avg Grant Size

$2.1M

+8826.4% YoY

Under IRS private-foundation payout rules, The Margaret and Al Hill Family reported a distributable amount of $319K for 2023 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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

Colorado $8.4M (100%)

Share of all 4 itemized 2023 grant dollars.

States

Colorado District of Columbia

Cities

Colorado SpringsDenverEdwardsMonumentVailWashington

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

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Data update history

When this profile's IRS filing data changed on Grantable

March 3, 2026 IRS filings on file for fiscal years 2021–2023

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

Among its reported 2023 grants, the largest recipients include Pikes Peak Community Foundation ($5,607,414), Tessa ($937,092), Humane Society of the Pikes Peak Region ($936,013).

Recipient	Purpose	Amount
PIKES PEAK COMMUNITY FOUNDATION Colorado Springs, CO	SUPPORT COMMUNITY ASSISTANCE PROGRAM	$5,607,414
TESSA Colorado Springs, CO	SUPPORT COMMUNITY ASSISTANCE PROGRAM	$937,092
HUMANE SOCIETY OF THE PIKES PEAK REGION Colorado Springs, CO	SUPPORT ANIMAL PROTECTION & WELFARE	$936,013
FRIENDS OF MOUNTAIN RESCUE Edwards, CO	SUPPORT COMMUNITY ASSISTANCE PROGRAM	$935,796

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

No officer or director reported compensation in the available filings.

From 2023 IRS 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

2026

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."

Frequently Asked Questions

What does The Margaret and Al Hill Family fund?

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

How do I apply for a grant from The Margaret and Al Hill Family?

The foundation does not accept unsolicited applications and operates on an invite-only basis. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

Where does The Margaret and Al Hill Family make grants?

The foundation primarily funds organizations in Colorado, with particular concentration in the Colorado Springs and Edwards areas.

What size grants does The Margaret and Al Hill Family award?

In 2023, The Margaret and Al Hill Family awarded 4 grants totaling $8.4M — an average of about $2.1M per grant, based on its IRS Form 990 filings.

How much is The Margaret and Al Hill Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Margaret and Al Hill Family reported a distributable amount of $319K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Margaret and Al Hill Family's EIN?

The Margaret and Al Hill Family's EIN (Employer Identification Number) is 75-6010533. IRS Form 990 filing data is available on this page for 2021–2023.