Conrad N. Hilton Foundation

Conrad N. Hilton Foundation
Founded1944
FounderConrad Hilton
TypePrivate foundation
(IRS status): 501(c)(3)
PurposeImproving the lives of individuals living in poverty and experiencing disadvantage.
Location
MethodEndowment
Board Chair
Linda Hilton
President and CEO
Peter Laugharn
Endowment$7.36 billion USD
Websitewww.hiltonfoundation.org
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The Conrad N. Hilton Foundation is an American non-profit charitable foundation, established in 1944 by hotel entrepreneur Conrad Hilton. It remained relatively small until his death on January 3, 1979, when it was named the principal beneficiary of his estate. In 2007, Conrad's son, Barron Hilton, announced that he would leave about 97% of his fortune to a charitable remainder unitrust which names the foundation as the remainder beneficiary.