Conrad N. Hilton Foundation

The Conrad N. Hilton Foundation was created by Hilton Hotels founder Conrad N. Hilton and greatly expanded by Hilton’s son, Barron Hilton. The foundation historically has supported Catholic religious sisters and programs that aid the poor in developing countries, though it has made an increasing emphasis on public policy, particularly after the foundation’s endowment rose after Barron Hilton’s death.

At-A-Glance

Issue Areas: Multi-Issue Advocacy
Formation:

1946

President:

Peter Laugharn

Associated Organization:

Conrad N. Hilton Fund for Sisters

Location: Agoura Hills, CA View on map
Tax ID: 94-3100217
Most Recent Filing: 2024
Budget (2024): Assets: $7,362,883,680 Revenue: $619,701,927 Expenses: $386,521,836

Contents

    Conrad N. Hilton

    Conrad N. Hilton created Hilton Hotels.  During his lifetime he acquired the Waldorf-Astoria and Plaza hotels in New York City, and the Palmer House in Chicago. 1

    Hilton served two terms in the New Mexico state legislature in 1912-13 as a Republican, and in 1976, he donated $250 to Ronald Reagan’s unsuccessful campaign to defeat the Republican Party’s nomination of President Gerald Ford. Hilton is not known to have engaged in any other partisan political activity. 2

    Hilton was a devout Catholic. In a 2009 biography, the Hilton Foundation said that Hilton, while a student at St. Michael’s College, met Fr. Jules Desroches, “who became his first confessor” and told Hilton, “Connie, if three times daily you say a Hail Mary and ask St. Joseph to “Pray for Us,’ He will always take care of you.” His biographer stated, “Conrad recited these prayers every day for the rest of his life.” 3

    Hilton was a founder of the National Prayer Breakfast and a major sponsor of the National Conference of Christians and Jews. He also believed in the power of prayer to fight Communism. In the 1950s, he worked with author Fulton Oursler to compose an ecumenical prayer that concluded “America now knows it can destroy Communism and win the battle for peace.  We need fear nothing or no one…except God.” Hilton Hotels donated 200,000 copies of the prayer to Americans. 4

    Hilton Hotels Stock Controversy

    Conrad Hilton died in 1979, and for the next nine years, the Conrad Hilton Foundation and Hilton’s son, Barron Hilton, had a dispute over the disposition of the 27 percent share of Hilton Hotels owned by Conrad Hilton. The Tax Reform Act of 1969 had prohibited a foundation from owning more than 20 percent of a corporation. An out of court settlement in 1988 divided the shares into thirds, with one-third going to the foundation, one-third to Barron Hilton, and one-third to a “unitrust” that neither side controlled. 5

    The thirds were eventually unified upon Barron Hilton’s death in 2019.  Like his father, Barron Hilton willed 97 percent of his fortune to the Hilton Foundation. 6 His death increased the Hilton Foundation endowment by $3.6 billion, leading the Chronicle of Philanthropy to call him the second most generous American in 2019 behind Michael Bloomberg. 7

    As a result of Barron Hilton’s bequest, Hilton Foundation grantmaking increased from $207 million in 2020 to $339 million in 2021. 8

    Conrad N. Hilton Fund for Sisters

    Conrad Hilton declared in his will that, for future generations: “the largest part of your benefactions dedicated to the Sisters in all parts of the world.” Two religious orders filed a class action lawsuit alleging that they were entitled to more than half of the foundation’s grants. In 1988, the suit was settled with the creation of the Conrad N. Hilton Fund for Sisters, which was controlled by the Archdiocese of Los Angeles and later became independent. 9

    In 2018 the foundation announced it was adopting a strategy whereby grants from the Fund for Sisters would primarily be used “to become global leaders in the provision of sustainable human development services” aligned with the United Nations’ Sustainable Development Goals. 10

    Alignment with Left-of-Center Racial Policy

    The Conrad N. Hilton Foundation says it is committed to “diversity, equity, and inclusion” policies, stating that these policies “improves our culture, enables us to better reflect the world, and ultimately, helps our work to have greater impact.” 11

    In 2020 the Hilton Foundation created an “Equity fund” with the stated aim being “to combat racism and other forms of bias and injustice across multiple dimensions, including gender, disability and LGBTQI+.” The foundation made $5 million in grants though this fund in 2020 and $11 million in 2021. Grants made in 2021 included $1.5 million grants to BVM Capacity Building Institute, Mississippi Center for Justice, New Orleans Workers’ Center for Racial Justice, Project South the Institution for the Elimination of Poverty and Genocide, Southern Education Foundation Institutional Department, and Southerners on New Ground, with million-dollar grants going to the Solidaire Network and Rockefeller Philanthropy Advisors for the Collective Future Fund. 12

    The foundation, along with the California Endowment, the Annenberg and California Wellness foundations, the Chan Zuckerberg Initiative, and the Emerson Collective, is a contributor to the California Black Freedom Fund, which aims to distribute $100 million to left-leaning Black-led nonprofits in California between 2021-26. 13

    Left-Leaning Economic Policy Grantmaking

    Families and Workers Fund

    The Hilton Foundation is part of the executive committee of an effort led by the left-of-center Ford Foundation and Schmidt Futures called the Families and Workers Fund, which is trying to promote “the development of a more inclusive, effective public benefits system, with a focus on unemployment insurance.” Other foundations on the executive committee include the Amalgamated, Open Society, Rockefeller, and Skoll foundations. 14

    Children’s Defense Fund

    In 2021, the Hilton Foundation gave the Children’s Defense Fund $2,45 million to study the effects of a “time-limited cash transfer” on “transition-age foster youth.” 15

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $7,362,883,680 $619,701,927 $386,521,836 View
    2023 $7,099,706,570 $339,969,771 $277,574,892 View
    2022 $6,624,019,686 $311,337,309 $601,924,125 View
    2021 $8,715,149,227 $666,198,573 $472,068,268 View
    2020 $7,732,630,405 $2,481,413,875 $232,526,564 View

    Prior year filings: 2019, 2015, 2014, 2013, 2012, 2011

    Expenses Detail

    Employee Compensation

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Michael BuchmanVP AND CIO$1,269,140
    Peter A LaugharnPRESIDENT AND CEO$1,030,700
    Jonathon SchroederDIRECTOR OF INVESTME$733,727
    James KimDIRECTOR OF INVESTME$726,931
    Kevin EnglishDIRECTOR OF INVESTME$634,045
    Atiqua HashemVP, SECRETARY AND GENERAL COUNSEL$604,851
    Sonia MoldovanVP, STRATEGY & PROGRAMS (START 01/24)$517,905
    Beth DehamelVP, OPERATIONS AND CFO$514,315
    David HarozCHIEF OF STAFF – MANAGER$435,784
    Leslie LockhartVP, TALENT AND CULTURE$430,470
    Jane WakahiuASSOCIATE VP, PROGRA$390,231
    Shaheen Kassim-LakhaSENIOR DIR, STRATEGI$310,879
    Linda HiltonCHAIRMAN$55,000
    Justin McAuliffeVICE CHAIR$50,000
    Matthew J HartDIRECTOR (START 01/24)$45,160
    Caitlin HiltonDIRECTOR (START 01/24)$45,160
    James R GalbraithDIRECTOR$45,160
    Conrad N Hilton IIIDIRECTOR$45,000
    Michael O HiltonDIRECTOR$45,000
    Sr Joyce MeyerDIRECTOR$45,000
    John L NotterDIRECTOR$45,000
    Louise NelsonDIRECTOR (START 01/24)$45,000
    Beverly Hilton NeapolitanDIRECTOR (START 01/24)$45,000

    Grant Activity

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $3,176,519,954
    • Number of Grants: 12,030
    • Number of Recipients: 3,960

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $15,500,0002022 The Task Force for Global Health, Inc.to support an Avoidable Blindness fund that will help fulfill the Foundation’s commitment to trachoma elimination in Mali, Niger, and Tanzania, and see the completion of the Cameroon Cataract Performance Bond
    $15,000,0002024 Fondazione the Anna Trust Catholic Sisters Elder Care Fund Etsto launch a foundation that advances the care of elderly Catholic sisters worldwide through grantmaking, field-building, advocacy and resource mobilization
    $11,900,0002022 United Way of Greater Los Angelesto support direct investments in physical infrastructure and service delivery in faith and community-based organizations and targeted daytime/shelter service locations, and oversee implementation and evaluation
    $11,000,0002022 Marywood UniversityTo implement Phase VI of the Sisters Leadership Development Initiative in ten countries in Africa and establish an investment fund for Sister’s education.
    $10,140,0002022 International Rescue Committee – Northern Californiato support a nurturing children program in Uganda, Kulea Watoto, integrate early childhood care and development with economic wellbeing programming
    $10,000,0002024 Marywood Universityto implement phase IV of the Higher Education for Sisters in Africa program for sisters in multiple countries in Africa
    $10,000,0002020 Conrad N Hilton Fund for SistersTo provide endowment support to expand the grantmaking capacity of the Conrad N. Hilton Fund for Sisters and to provide additional opportunities for collaborative funding with the Catholic Sisters Initiative.
    $10,000,0002020 Marywood UniversityTo implement phase III of the Higher Education for Sisters in Africa (HESA) program.
    $10,000,0002020 University of Houston FoundationTo support an endowment for the Dean’s Fund for Student Success at the Conrad N. Hilton College of Hotel and Restaurant Management.
    $9,000,0002022 Norwegian Refugee Council USAto support two-generation youth livelihoods (8,600 youth) and early childhood development programming (6,000 children) in Colombia, Ecuador, and Uganda.
    $9,000,0002021 Nonprofit Finance FundTo provide a program-related investment to establish a revolving loan fund to make bridge loans to U.S. Based Hilton Foundation grantees.
    $8,978,0002021 Myriad USATo support the World Health Organization to strengthen health systems to deliver and monitor services that support nurturing care for young children and to ensure global validity of the Global Scale for Early Development.
    $8,500,0002023 United Way Incfor general operating support
    $8,000,0002020 National Multiple Sclerosis SocietyCovid-19 – For immediate support of the expanded patient needs caused by the pandemic and as a quasi-endowment to provide longer-term support to patient assistance programs, case management and case manager personnel costs and the MS Adult Day Achievement Centers.
    $7,000,0002022 UNICEF USATo embed early childhood development within existing systems and service delivery mechanisms at national and sub-national levels in Kenya, Tanzania, and Mozambique, and to provide global and regional leadership and technical guidance on early childhood development.
    $7,000,0002021 Alzheimer's Disease & Related Disorders Association-Greater Illinois ChapterFor general operating support.
    $6,500,0002025 African Sisters Education Collaborativeto implement Phase VII of the Sisters Leadership Development Initiative in Africa and sustain an investment fund for sisters' education
    $6,500,0002022 United Way of Greater Los Angelesto develop and deploy a series of market level workforce solutions that expand recruitment, increase retention, and improve operational capacity within the homeless service sector in Los Angeles County
    $6,373,0002022 Nm Early Childhood Education and Care Departmeto strengthen a comprehensive cross-department prenatal to age 3 systems agenda including, home visiting services, support to Tribal Communities, and improved data
    $6,000,0002022 Brilliant Cornersto expand its operating capacity to serve as a larger fiscal intermediary in the homelessness sector in Los Angeles County
    $6,000,0002022 MERCY CORPSto support 10,000 Venezuelan and Colombian youth access employment and leadership opportunities in Cartagena, Medellin, and Valledupar
    $6,000,0002022 Sesame Workshopto support inclusion and belonging for refugee and migrant-hosting communities by nurturing early learning environments
    $6,000,0002022 University of the Andesto scale-up a community-based psychosocial model promoting maternal mental health and early childhood development among refugees and forcibly displaced persons in Colombia
    $5,950,0002025 University of California, Los Angelesto support the California Policy Lab to expand homelessness prevention services, produce research and evaluation, and catalyze data-driven decision-making to increase regional alignment on effective solutions to homelessness in Los Angeles County
    $5,600,0002022 BRAC USA, Inc.To support the scaling up of integrated two-generational programming for refugee and host communities in Uganda.

    References

    1. Martin Morse Wooster, How Great Philanthropists Failed and How You Can Protect Your Legacy (New York:  Capital Research Center, 2017), 286.
    2. Martin Morse Wooster. How Great Philanthropists Failed and How You Can Protect Your Legacy (Washington, D.C.:  Capital Research Center, 2017), 287
    3. The Hilton Legacy:  Serving Humanity Worldwide (Los Angeles: Conrad N. Hilton Foundation 2009), 18.
    4. [1] Whitney Bolton, The Silver Spade:  The Conrad Hilton Story (New York:  Farrar, Straus, 1954, xvii-xvii.i
    5. Al Delugach, “ Barron Hilton Wins Battle For Chain,” Los Angeles Times,  November 26, 1988.
    6. For obituaries, see Richard Goldstein,” Barron Hilton, 91, Hotel Magnate Who Expanded Family’s Empire, Dies,” New York Times, September 21, 2019.  Mike Kupper, “Barron Hilton, 1927-2019.” Los Angeles Times, September 21, 2019.
    7. Jim Rendon, Maria DI Mento, and Michael Theis, “Billion-Dollar Giving Streak,” Chronicle of Philanthropy, February 2020.  The newspaper credited Hilton with $2.4 billion because he had previously pledged $1.2 billion to the Hilton Foundation in 2007.
    8. [1] “Conrad N. Hilton Foundation Grated $339 Million in 2021, Marking the Largest Grantmaking Year in Its History,” press release from the Conrad N. Hilton Foundation, February 18, 2022.
    9. Deanne Stone, “Honoring the Donor:  The Conrad N. Hilton foundation,” National Center for Family Philanthropy, January 5, 20921, https://www.ncfp.org/knowledge/honoring-the-donor-the-conrad-n-hilton-foundation/
    10.  “Conrad N. Hilton Foundation Approves New Catholic Sisters Strategy,” press release from the Conrad N. Hilton Foundation, August 23, 2018. https://www.businesswire.com/news/home/20180823005191/en/Conrad-N.-Hilton-Foundation-Approves-New-Catholic-Sisters-Strategy
    11. Conrad N. Hilton Foundation, “Diversity, Equity, and Inclusion,” https://www.hiltonfoundation.org/about/diversity-equity-and-inclusion (accessed May 5, 2022)
    12. “Conrad N. Hilton Foundation Awards $76 Million in New Grants in Third Quarter of 2021,”: https://www.hiltonfoundation.org/news/conrad-n-hilton-foundation-awards-76-million-in-grants-in-third-quarter-of-2021 (accessed May 5, 2022)
    13. Antonio Ray Harvey, “California Foundations Drop $100 Million in ‘Black Freedom Fund,’” Los Angeles Sentinel, February 11, 2021.
    14. “Families and Workers Fund Launches Mission to Foster a More Equitable Economic Recovery,” press release, October 5, 2021.
    15. “Conrad N. Hilton Foundation Grated $339 Million in 2021,” press release from the Conrad N. Hilton foundation, February 18, 2022.