Editing Conrad N. Hilton Foundation (section)

{{Short description|American non-profit charitable foundation}}
{{Infobox organization
| name              = Conrad N. Hilton Foundation
| image             = Conrad N Hilton Foundation.jpg
| image_size        = 220
| caption           = 
| type              = [[Private foundation]]<br>([[Internal Revenue Service|IRS status]]): [[501(c)(3)]]
| founded_date      = 1944
| founder           = [[Conrad Hilton]]
| purpose           = Improving the lives of individuals living in poverty and experiencing disadvantage.
| location          = [[Westlake Village, California]], U.S.
| origins           = 
| key_people        = [[Linda Hilton]], chairman of the board<br/>[[Peter Laugharn]], president and CEO
| area_served       = 
| product           =
| focus             = 
| method            = [[Financial endowment|Endowment]]
| revenue           = 
| endowment         = $7.2 billion [[USD]]<ref name="statements">{{cite web| publisher=Conrad N. Hilton Foundation| url=https://www.hiltonfoundation.org/about/financials-investments| title=Conrad N. Hilton Foundation Financials and Investments}}</ref>
| num_volunteers    = 
| num_employees     = 
| num_members       = 
| subsid            = 
| owner             = 
| motto             = 
| homepage          = {{URL|http://www.hiltonfoundation.org/}}
| dissolved         = 
| footnotes         = 
}}
<!-- Deleted image removed: [[Image:Conrad Hilton Foundation Logo.jpg|thumb|right|Conrad N. Hilton Humanitarian Prize]] -->
The '''Conrad N. Hilton Foundation ''' is an American [[non-profit]] [[List of charitable foundations|charitable]] [[Foundation (non-profit)|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<ref name="PGDC"/> to a [[charitable remainder unitrust]] which names the foundation as the remainder beneficiary.<ref name="PGDC">{{Cite web| title = Barron Hilton to Donate 97% of Estate to Hilton Foundation| date = December 26, 2007| publisher = Planned Giving Design Center, LLC| url = http://www.pgdc.com/pgdc/news-story/2007/12/27/barron-hilton-donate-97-estate-hilton-foundation| accessdate = April 2, 2011| archive-date = March 19, 2011| archive-url = https://web.archive.org/web/20110319015235/http://www.pgdc.com/pgdc/news-story/2007/12/27/barron-hilton-donate-97-estate-hilton-foundation| url-status = dead}}</ref><ref name="news.bbc.co.uk">{{cite news| url=http://news.bbc.co.uk/1/hi/business/7161358.stm | work=BBC News | title=Hilton fortune to go to charity.}}</ref>