Funder DirectoryTHE HITT FAMILY FOUNDATION INC
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Private foundation (trust)EIN 541963708Est. 2001-07

THE HITT FAMILY FOUNDATION INC

FALLS CHURCH, VA 22042

Total Assets

$12.0M

FY 2024

Annual Giving

$3.1M

FY 2024

Grants Made

4

FY 2024

Avg Grant

$769K

FY 2024

Grant Range

$25K–$2.5M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$11.8M

Total Expenses

$3.2M

Qualifying Distributions

$3.1M

Distributable Amount

$350K

Min. Investment Return

$355K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

4 grants

Grant sizes from minimum $25K through median $275K to maximum $2.5M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2024. Peak $14.0M in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

31 grants

VIRGINIA TECH FOUNDATION
$11.9M
4 grants
INOVA HEALTH SYSTEM FOUNDATION
$4.7M
4 grants
GERMANNA FOUNDATION
$1.4M
2 grants
CARON FOUNDATION
$1.0M
1 grant
CENTRAL UMC
$1M
1 grant
ST MARY'S EPISCOPAL CHURCH
$864K
3 grants
CENTRAL UNITED METHODIST CHURCH
$650K
3 grants
MEMORIAL FOUNDATION OF GERMANNA COLONIES IN VA INC
$620K
1 grant

Grant Size Distribution

31 grants

<$10K
1
grants
$10–50K
4
grants
$50–250K
9
grants
$250K–1M
12
grants
$1–5M
4
grants
$5M+
1
grants

Geographic Focus

6 states

Virginia
$22.6M
93% of total
Maryland
$1.0M
4% of total
Georgia
$250K
1% of total
District of Columbia
$200K
1% of total
New York
$125K
1% of total
Michigan
$50K
0% of total

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