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:
“Going home must be like going to render an account.”
—Joseph Conrad (1857–1924)
“Art thou innocent, art thou immoral,”
—Arthur Clement Hilton (1851–1877)
“Laws remain in credit not because they are just, but because they are laws. That is the mystic foundation of their authority; they have no other.”
—Michel de Montaigne (1533–1592)