Conrad N. Hilton Foundation

The Conrad N. Hilton Foundation is an American non-profit charitable foundation, established in 1944 by hotel entrepreneur Conrad Hilton. It remained relatively small until his death on January 3, 1979, when it was named the principal beneficiary of his estate. In 2007, Conrad's son, Barron Hilton, announced that he would leave about 97% of his fortune to a charitable remainder unitrust which names the foundation as the remainder beneficiary.