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:
“I would not unduly praise the virtue of restraint. It is often merely temperamental. But it is not always a sign of coldness. It may be pride. There can be nothing more humiliating than to see the shaft of one’s emotion miss the mark of either laughter or tears. Nothing more humiliating! And this for the reason that should the mark be missed, should the open display of emotion fail to move, then it must perish unavoidably in disgust or contempt.”
—Joseph Conrad (1857–1924)
“Art thou innocent, art thou immoral,”
—Arthur Clement Hilton (1851–1877)
“A full belly to the labourer was, in my opinion, the foundation of public morals and the only source of real public peace.”
—William Cobbett (1762–1835)