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:
“Truth of a modest sort I can promise you, and also sincerity. That complete, praiseworthy sincerity which, while it delivers one into the hands of one’s enemies, is as likely as not to embroil one with one’s friends.”
—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)
“Simplicity of life, even the barest, is not a misery, but the very foundation of refinement; a sanded floor and whitewashed walls and the green trees, and flowery meads, and living waters outside; or a grimy palace amid the same with a regiment of housemaids always working to smear the dirt together so that it may be unnoticed; which, think you, is the most refined, the most fit for a gentleman of those two dwellings?”
—William Morris (1834–1896)