The Conrad N. Hilton Foundation is an American non-profit charitable foundation, established in 1944 by hotel entrepreneur Conrad N. Hilton. It remained relatively small until his death on January 3, 1979 when it was named the principal beneficiary of his estate. Conrad's son, Barron Hilton contested the will to gain interest in some of his father's estate, but in 2007, Barron Hilton announced that he would leave about 97% of his fortune (estimated at $2.3 billion), to a charitable remainder unitrust which will eventually be merged with the Foundation, of which he is currently the chairman of the board.
Read more about Conrad N. Hilton Foundation: Conrad N. Hilton Foundation, Conrad N. Hilton Humanitarian Prize
Famous quotes containing the words conrad, hilton and/or foundation:
“They talk of a man betraying his country, his friends, his sweetheart. There must be a moral bond first. All a man can betray is his conscience.”
—Joseph Conrad (1857–1924)
“The acorn’s not yet
Fallen from the tree
That’s to grow the wood,
That’s to make the cradle,
That’s to rock the bairn,
That’s to grow a man,
That’s to lay me.”
—Unknown. The Cauld Lad of Hilton or, The Wandering Spectre (l. 2–8)
“Whenever any form of government shall become destructive of these ends, it is the right of the people to alter or to abolish it, & to institute new government, laying it’s foundation on such principles & organising it’s powers in such form, as to them shall seem most likely to effect their safety & happiness.”
—Thomas Jefferson (1743–1826)