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Hillman Family Foundations
Hillman Family Foundations was established in 1951. Henry L. Hillman built the underlying wealth through industrial and natural resources businesses that later...
Hillman Family Foundations
Hillman Family Foundations was established in 1951. Henry L. Hillman built the underlying wealth through industrial and natural resources businesses that later diversified into The Hillman Company. The administrative office now coordinates grantmaking and asset management for 18 separate foundations. The portfolio allocates across private equity, real estate, and venture capital. Confirmed holdings include direct ownership of PPG Place in Pittsburgh and a national commercial real estate portfolio spanning California to Florida. Limited partner commitments run through Kleiner Perkins and KKR, while co-investments include Gather AI and Virtualitics. Geographic exposure centers on the United States with additional activity in energy assets located in Michigan. Twelve professionals staff the Pittsburgh headquarters. The Hillman Company acts as the primary investment advisor. Adjacent vehicles include the Henry L. Hillman Foundation, Elsie H. Hillman Foundation, and William Talbott Hillman Foundation. No operational events from the last 24 months appear in available records. The family office structure separates philanthropic administration from The Hillman Company investment platform. This separation allows the foundations to maintain program focus while the operating company executes direct deals and fund commitments on behalf of family capital.
General information
Firm type
Endowment / Foundation
Year founded
1951
Location
Region
North America
Country
United States
City
Pittsburgh
Corporate office
310 Grant Street Suite 2020, Pittsburgh, PA 15219, United States
Principals
David K. Roger
President
Juliet Lea Hillman Simonds
Chair
Kevin Lavelle
CEO of The Hillman Company
Sector focus
Frequently asked questions
Who runs investment decisions at Hillman Family Foundations?
David K. Roger serves as president and oversees operations. Kevin Lavelle leads The Hillman Company investment platform that manages assets for the foundations.
Does Hillman Family Foundations participate in fund commitments or only direct deals?
The organization holds both limited partner positions in funds such as Kleiner Perkins and KKR and direct ownership in real estate and operating companies including Gather AI.
What asset classes appear in the portfolio?
Allocations include private equity at roughly 59 percent, direct real estate holdings such as PPG Place, and venture capital positions in companies like Virtualitics and ZEDEDA.
Where does the underlying wealth come from?
Wealth traces to Henry L. Hillman industrial and natural resources businesses that formed the base for The Hillman Company.
How is Hillman Family Foundations related to The Hillman Company?
The Hillman Company serves as the investment advisor and holds certain assets on behalf of the foundations while the foundations maintain separate program and compliance functions.
Which regions receive primary investment focus?
Activity centers on the United States with real estate in Pennsylvania and a national portfolio extending to California and Florida plus energy assets in Michigan.
What public equity positions have been disclosed?
Tax filings and 13F records list holdings including Mastercard, Microsoft, Broadcom, and Adyen.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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