Conrad N Hilton Fund in Reno, Nevada (NV)

Organization representatives - add corrected or new information about Conrad N Hilton Fund »

Non-representatives - add comments about Conrad N Hilton Fund»

Conrad N Hilton Fund
Employer Identification Number (EIN)880285637
Name of OrganizationConrad N Hilton Fund
In Care of NameDonald H Hubbs
Address100 W Liberty St Ste 840, Reno, NV 89501-1988
ActivitiesGifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date06/1992
DeductibilityContributions are deductible
FoundationPrivate non-operating foundation
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2009
Assets$50,000,000 to greater
Income$50,000,000 to greater
Filing Requirement990 - Not required to file (all other) (990-PF required)
Asset Amount$1,025,336,865
Amount of Income$587,956,174
Form 990 Revenue Amount$587,956,174
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified)


Non-representatives - add comments:


CAPTCHA

Your IP address 18.224.43.74 will be logged.

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$5,204,109$3,641,241$4,494,077$3,871,147$1,323,782$280,360,714$30,903,582$587,956,174
Contributions, gifts, grants, and similar amounts received$3,500,000$2,300,000$3,500,000$2,550,000$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$3,500,000$2,300,000$3,500,000$2,550,000$0$0$0$0
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$323$299$349$1,248$3,883$4,002,614$12,404,511$16,403,758
Dividends and interest from securities$1,703,786$1,340,942$993,728$1,319,899$1,319,889$7,545,736$17,927,938$21,420,152
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$-725,222$-224,403$-6,994,905
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$269,524,930$795,536$557,127,169
Gross amount from sales of assets other than inventory$0$0$0$0$0$459,590,369$81,349,996$1,228,964,366
Less: cost or other basis and sales expenses$0$0$0$0$0$190,065,439$80,554,460$671,837,197
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$0$12,656$0$0
Total expenses$2,891,730$3,161,254$3,130,820$3,939,026$1,213,897$11,924,973$18,344,830$116,757,186
Program services$2,852,844$3,118,714$3,088,758$3,897,751$1,173,350$11,528,814$17,770,145$115,787,633
Management and general$38,886$42,540$42,062$41,275$40,547$396,159$574,685$969,553
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$354,191,534$367,375,548$295,484,417$462,713,722$673,842,440$763,762,827$959,140,457$1,025,336,865
Excess or (deficit) for the year$2,312,379$479,987$1,363,257$-67,879$109,885$268,435,741$12,558,752$471,198,988
Net assets or fund balances at beginning of year$293,349,889$354,191,534$367,375,548$295,484,417$462,713,722$673,842,440$763,762,827$959,140,457
Other changes in net assets or fund balances$58,529,266$12,704,027$-73,254,388$167,297,184$211,018,833$-178,515,354$182,818,878$-405,002,580
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$116,757,186$115,787,633$969,553$0
Grants paid from donor advised funds$0
Other grants and allocations$115,707,898
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$46,750$23,375$23,375$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$2,937$1,469$1,468$0
Professional fundraising fees$0$0$0$0
Accounting fees$33,216$16,608$16,608$0
Legal fees$70,731$35,366$35,365$0
Supplies$0$0$0$0
Telephone$768$384$384$0
Postage and shipping$0$0$0$0
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$0$0$0$0
Travel$3,558$1,779$1,779$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$891,328$754$890,574$0
Balance Sheets
20002001200220032004200520062007
Total assets$361,820,752$373,936,694$300,398,084$467,450,436$678,633,482$769,522,509$967,217,899$1,133,741,475
Cash - non-interest-bearing$0$0$0$41,222$205,091$6,894,464$3,575,559$74,588,504
Savings and temporary cash investments$824,729$239,981$285,856$0$0$0$1,182,305$0
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$10,500,000
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0$0$0$0$0
Investments - publicly-traded securities$663,958,540$152,738,208
Investments - other securities$360,662,369$373,366,396$300,112,008$467,409,192$678,428,024$469,764,862$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$0$292,212,626$297,538,135$895,367,174
Land, buildings, and equipment less accumulated depreciation$100$0$0$0$0$0$0$0
Other assets, including program-related investments$333,554$330,317$220$22$367$650,557$963,360$547,589
Total liabilities$7,629,218$6,561,146$4,913,667$4,736,714$4,791,042$5,759,682$8,077,442$108,404,610
Accounts payable and accrued expenses$1,250$1,250$1,250$1,250$1,250$152,803$187,785$229,605
Grants payable$7,627,968$6,559,896$4,912,417$4,735,464$4,789,792$5,606,879$7,297,100$108,175,005
Deferred revenue$0$0$0$0$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$0$0$0$0$0$592,557$0
Total liabilities and net assets/fund balances$361,820,752$373,936,694$300,398,084$467,450,436$678,633,482$769,522,509$967,217,899$1,133,741,475
Total net assets or fund balances$354,191,534$367,375,548$295,484,417$462,713,722$673,842,440$763,762,827$959,140,457$1,025,336,865
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$5,204,109$3,641,241$4,494,077$3,871,147$1,323,782$280,360,714$30,903,582$587,956,174
Total revenue, gains, and other support per audited financial statements$63,733,375$16,345,268$4,494,077$171,168,331$212,342,615$101,845,360$213,722,461$182,953,594
Other expenses$58,529,266$12,704,027$0$167,297,184$211,018,833$-178,515,354$191,650,904$-412,263,134
Net unrealized gains on investments$58,529,266$12,704,027$0$167,297,184$211,018,833$0$191,650,904$-412,263,134
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$-178,515,354$0$0
Other revenue$0$0$0$0$0$0$8,832,025$-7,260,554
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$8,832,025$-7,260,554
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$2,891,730$3,161,254$3,130,820$3,939,026$1,213,897$11,924,973$18,344,830$116,757,186
Total expenses and losses per audited financial statements$2,891,730$3,161,254$76,385,208$3,939,026$1,213,897$11,924,973$18,344,830$116,757,186
Other revenue$0$0$73,254,388$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$73,254,388$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
1$500$0$0
1$2,000$0$0
1$2,000$0$0
1$2,000$0$0
1$1,250$0$0
1$2,000$0$0
1$2,000$0$0
2$25,000$0$0
2$10,000$0$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?Yes
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-9,114,789$597,070,963$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investmentsUnrelated debt-financed activities other than rental of real estate$67,433Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$16,336,325$0
Dividends and interest from securitiesUnrelated debt-financed activities other than rental of real estate$11Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$21,420,141$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment incomeUnrelated debt-financed activities other than rental of real estate$-20,241Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$-6,974,664$0
Gain or (loss) from sales of assets other than inventoryUnrelated debt-financed activities other than rental of real estate$-9,161,992Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$566,289,161$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organization4
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
951642382Roman Archbishop Of Los Angeles A Corporation SoleNo$0
880338219Roman Catholic Bishop Of Reno & His Successors A Corporation SoleNo$0
042103616Perkins School For The BlindOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
951922279World VisionOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
135562162Helen Keller International IncOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
362486896National Council Of Juvenile & Family Court JudgesOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
951958142Rand CorporationOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
953435919City Of Hope, ParentOrganization that receives a substantial part of its support from a governmental unit or from the general publicNo$0
942427596National Judicial College, Judicial College0$0
Total$0
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$-99,061$0$-9,906
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$-9,906$0$-9,906
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$-9,906
Unrelated business taxable income before net operating loss deduction$-9,906
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$-9,906
Specific deduction$1,000
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Conrad N Hilton Fund to others? (optional)
  
Add photo of Conrad N Hilton Fund (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Recently Added Reviews
Giving Trail in Reno, NV
*****
Free & Accepted Masons Of Nevada in Reno, NV
Floyd Mayweather Foundation in Las Vegas, NV
Mesquite-Toes Tap Team in Mesquite, NV
Just Faith Ministries in Las Vegas, NV
*****
A Place Called Home in Las Vegas, NV
*
Bernie Buckley Memorial Golf Tournament in Las Vegas, NV
*****
Theophilus Ministries in Pahrump, NV
****•
Las Vegas Railroad Society in Las Vegas, NV
**
Southern Nevada Stamp Club in Las Vegas, NV
*****
Other organizations in Nevada
IdNameAddressStateEstablishedTotal Income
1Channel 5 Public Broadcasting Inc1670 N Virginia St, Reno, NV 89503-0703NV1983-03$4,014,216
2Liberace Foundation For The Performing And Creative Arts1775 E Tropicana Ave Ste 30, Las Vegas, NV 89119-6558NV1977-05$323,953
3University Of Nevada-Reno Foundation University Of Nevada-ReMailstop 162, Reno, NV 89557-0001NV1982-01$77,261,668
4American Alliance For Health Physical Recreation & Dance, Nevada AhperdPo Box 232, Gardnerville, NV 89410NV1972-02$13,893,246
5Renown Health1155 Mill Street Z-5, Reno, NV 89502-1576NV1985-10$81,040,376
6Renown Regional Medical Center1155 Mill Street C/O Tax Treasury, Reno, NV 89502NV1985-10$639,928,711
7Renown South Meadows Medical Center1155 Mill Street C/O Tax Treasury, Reno, NV 89502NV2004-03$114,746,645
8Conrad N Hilton Fund100 W Liberty St Ste 840, Reno, NV 89501-1988NV1992-06$587,956,174
9American Chemical Society, Acs Southern Nevada Section Southern Nevada Acs4505 Maryland Parkway Box 454003, Las Vegas, NV 89154-4003NV1946-05$2,305,570,549
10Western Folklife Center501 Railroad Street, Elko, NV 89801-3752NV1981-12$2,643,985
11Liberty FoundationPo Box 5124, Reno, NV 89513NV1989-10$945
12Nevada Museum Of Art Inc160 W Liberty St, Reno, NV 89501-1916NV1961-03$7,625,668
13Lander County Historical SocietyPo Box 663, Battle Mountain, NV 89820NV2005-12$70,792
14Northeastern Nevada Historical Society1515 Idaho St, Elko, NV 89801-4021NV1963-06$706,179
15The Smith Center For The Performing Arts361 Symphony Park Ave, Las Vegas, NV 89106-1409NV1999-02$81,437,046
16Nevada State College Foundation Inc1125 Nevada State Dr, Henderson, NV 89002-9455NV2000-09$1,245,614
17University Of Nevada Las Vegas FoundationPO BOX 451006, Las Vegas, NV 89154-1006NV1982-08$181,914,404
18The Parasol Tahoe Community Foundation Inc948 Incline Way, Incline Vlg, NV 89451-9527NV1996-09$8,909,220
19Alexander Dawson Foundation, Mountain6720 Via Austi Pkwy Ste 260, Las Vegas, NV 89119-3569NV1960-06$40,448,679
20Capstone Christian School145 E Warm Springs Rd 300, Las Vegas, NV 89119-4101NV2009-04$8,400

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Conrad N Hilton Fund and has no official or unofficial affiliation with Conrad N Hilton Fund