Hitz Foundation

Palo Alto, CA
Tax-exempt since June 2001
EIN: 94-3379521

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Named Trusts/Foundations N.E.C. (NTEE)

Donations to this organization are tax deductible.

Revenue

$6.94M (2023)

Expenses

$5.04M (2023)

Total Assets

$82M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$6,939,175

Expenses

$5,044,772

Net Income

$1,894,403

Net Assets

$81,954,765

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,810,758	83.7%
Interest Revenue	$85,016	1.2%
Dividends	$1,929,493	27.8%
Sales of Assets	-$877,350
Other Income	-$8,742

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,427,765	87.8%
Compensation of Officers*	$284,329	5.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$81,954,765
Total Liabilities	$0
Net Assets	$81,954,765

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$284,329	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 15, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$6,851,012

Expenses

$4,237,075

Net Income

$2,613,937

Net Assets

$84,443,346

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,364,242	19.9%
Interest Revenue	$34,714	0.5%
Dividends	$2,681,784	39.1%
Sales of Assets	$2,508,961	36.6%
Other Income	$261,311	3.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,398,703	80.2%
Compensation of Officers*	$159,496	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$84,443,346
Total Liabilities	$0
Net Assets	$84,443,346

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$159,496	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2021

Revenue

$9,419,394

Expenses

$1,895,590

Net Income

$7,523,804

Net Assets

$81,569,670

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$2,539,562	27.0%
Interest Revenue	$59,441	0.6%
Dividends	$2,602,559	27.6%
Sales of Assets	$3,914,695	41.6%
Other Income	$303,137	3.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,379,961	72.8%
Compensation of Officers*	$183,125	9.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$81,569,670
Total Liabilities	$0
Net Assets	$81,569,670

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$183,125	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2020

Revenue

$12,925,863

Expenses

$3,666,583

Net Income

$9,259,280

Net Assets

$70,645,116

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,270,602	79.5%
Interest Revenue	$38,738	0.3%
Dividends	$704,795	5.5%
Sales of Assets	$1,879,958	14.5%
Other Income	$31,770	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$3,170,855	86.5%
Compensation of Officers*	$133,333	3.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$70,645,117
Total Liabilities	$1
Net Assets	$70,645,116

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$133,333	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 12, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2019

Revenue

$6,369,649

Expenses

$4,662,571

Net Income

$1,707,078

Net Assets

$62,204,681

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,279,517	67.2%
Interest Revenue	$46,008	0.7%
Dividends	$1,363,228	21.4%
Sales of Assets	$522,372	8.2%
Other Income	$158,524	2.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$4,071,543	87.3%
Compensation of Officers*	$100,000	2.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$62,204,682
Total Liabilities	$1
Net Assets	$62,204,681

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$100,000	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 13, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2018

Revenue

$12,542,931

Expenses

$3,240,651

Net Income

$9,302,280

Net Assets

$60,148,103

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$9,201,032	73.4%
Interest Revenue	$57,696	0.5%
Dividends	$1,245,048	9.9%
Sales of Assets	$1,912,111	15.2%
Other Income	$127,044	1.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,753,846	85.0%
Compensation of Officers*	$100,000	3.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$60,148,103
Total Liabilities	$0
Net Assets	$60,148,103

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$100,000	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$3,170,138

Expenses

$3,001,351

Net Income

$168,787

Net Assets

$50,882,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$1,437,072	45.3%
Interest Revenue	$45,053	1.4%
Dividends	$1,343,766	42.4%
Sales of Assets	$267,616	8.4%
Other Income	$76,631	2.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,455,100	81.8%
Compensation of Officers*	$147,135	4.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$50,882,846
Total Liabilities	$0
Net Assets	$50,882,846

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$147,135	$0
Kevin Mcauliffe (Secretary)	$0	$0
David Hitz (Treasurer/Chairman)	$0	$0

990-PF

Filed on Nov. 15, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2016

Revenue

$5,372,436

Expenses

$2,547,771

Net Income

$2,824,665

Net Assets

$50,714,059

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,968,184	73.9%
Interest Revenue	$29,810	0.6%
Dividends	$1,053,761	19.6%
Sales of Assets	$293,680	5.5%
Other Income	$27,001	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,188,076	85.9%
Compensation of Officers*	$115,808	4.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$50,714,059
Total Liabilities	$0
Net Assets	$50,714,059

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$115,808	$0
Kevin Mcauliffe (Secretary)	$0	$0
Nancy Hitz (Treasurer)	$0	$0
David Hitz (Chairman)	$0	$0

+ View more people

990-PF

Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2015

Revenue

$5,222,213

Expenses

$2,682,636

Net Income

$2,539,577

Net Assets

$47,653,721

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,697,585	70.8%
Interest Revenue	$33,965	0.7%
Dividends	$1,127,941	21.6%
Sales of Assets	$270,810	5.2%
Other Income	$91,912	1.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$2,182,131	81.3%
Compensation of Officers*	$29,167	1.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$47,666,735
Total Liabilities	$13,014
Net Assets	$47,653,721

Compensation

Key Employees and Officers	Compensation	Other
Kenneth Hitz (President)	$29,167	$0
Kevin Mcauliffe (Secretary)	$0	$0
Nancy Hitz (Treasurer)	$0	$0
David Hitz (Chairman)	$0	$0

+ View more people

990-PF

Filed on Nov. 11, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2014

Revenue

$6,854,034

Expenses

$1,964,547

Net Income

$4,889,487

Net Assets

$45,101,258

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$4,642,910	67.7%
Interest Revenue	$33,866	0.5%
Dividends	$1,026,600	15.0%
Sales of Assets	$1,062,919	15.5%
Other Income	$87,739	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,517,638	77.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$45,119,302
Total Liabilities	$18,044
Net Assets	$45,101,258

Compensation

Key Employees and Officers	Compensation	Other
Ken Hitz (President)	$0	$0
Kevin Mcauliffe (Secretary)	$0	$0
Jerre Hitz (Treasurer)	$0	$0
David Hitz (Chairman)	$0	$0

+ View more people

990-PF

Filed on Nov. 16, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2013

Revenue

$7,448,935

Expenses

$1,752,470

Net Income

$5,696,465

Net Assets

$40,211,771

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,288,275	71.0%
Interest Revenue	$32,960	0.4%
Dividends	$541,737	7.3%
Sales of Assets	$1,550,169	20.8%
Other Income	$35,794	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$1,340,800	76.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$40,211,771
Total Liabilities	$0
Net Assets	$40,211,771

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2012

Revenue

$4,295,715

Expenses

$1,205,534

Net Income

$3,090,181

Net Assets

$34,515,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,610,010	84.0%
Interest Revenue	$27,996	0.7%
Dividends	$647,052	15.1%
Sales of Assets	$0
Other Income	$19,888	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$868,564	72.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$34,515,306
Total Liabilities	$0
Net Assets	$34,515,306

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2011

Revenue

$5,479,772

Expenses

$631,304

Net Income

$4,848,468

Net Assets

$31,425,125

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,278,495	59.8%
Interest Revenue	$25,242	0.5%
Dividends	$742,850	13.6%
Sales of Assets	$1,421,916	25.9%
Other Income	$11,269	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$281,019	44.5%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$31,456,980
Total Liabilities	$31,855
Net Assets	$31,425,125

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Hitz Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $6.94M (2023)

Expenses $5.04M (2023)

Total Assets $82M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

990-T

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Revenue

$6.94M (2023)

Expenses

$5.04M (2023)

Total Assets

$82M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001