2003 t - FoundationSearch [PDF]

Return of Private Foundation

Form 590-PF Department of the Treasury Internal Revenue Service

Name of or

MAR I

1, 2003

i Fma/ return

, and ending I

I Amended return

FEE 29, 2 0 0 4 I

HILTON FOUNDATION

Number and street (or P O box number if mail Is not delivered to street address)

Room/suite

0 Wpe- 100 W. LIBERTY STREET 840 See Inst ..Minn, City or town, state, and ZIP code ""'""'•RENO, NV 89501 H Check type of organization' I X I Section 501 (c)(3) exempt private foundation I | Section 4947(a)(1)nonexempt charitable trust |~H Other taxable private foundation 1 X 1 Accrual I Fair market value of all assets at end of year J Accounti ig method 1 1 Cash (from Part II, col. (c), line 1 6) Q Other (specify) >•$ 7 6 4 , 0 3 1 , 9 4 4 . (Part/, co/u mn (d) must be on cash basis.) Part 1 1 Analysis of Revenue and Expenses (b) Net investment (a) Revenue and ' ~"^ (The total of amounts in columns (b), (c), and (d) may not income expenses per books necessarily equal the amounts in column (a) ) 2 7 , 7 3 5 , 7 5 3 . 1 Contributions, gifts, grants, etc , received

2

Distnbutiq)>s*tYrXn split-interest trusts Interest orf^aving^aqd temporary cashuWrtpienSj i.

1,376. 16,248,980.

4 DfJfra^te'afKl if\$yt from securities ^•Ifawcss rents . vO[l\

94-3100217 B Telephone number (775)323-4221 C If exemption application is psr \ *&L ^/U ^*, NetgaiWpr (loss) fronfsale of assets not on

T

I

I if the foundation is notrequiredto attach Sen B

3

* yir

I Address change

A Employer identification number

amzatlon

Use the IRS Q label. Otherwise. CONRAD N.

Check ^ I

2003

Note: The organization may be able to use a copy of this return to satisfy state reporting requirements.

For calendar year 2003, or tax year beginning \ J Initial return G Check all that apply

irint

OMB No 1545-0052

or Section 4947 (a)(1) Nonexempt Charitable Trust Treated as a Private Foundation

N

/

17,121,805.

JUOlD'i^JJ.

17,217,625.

CaniWfJgati'Snnpijttie (from Part IV, line 2)

\B^Te^^ftn^effn capital gain 9 wabpmnodifications IQa Oj^ss sales less returns V u~^affd allowances l) Less Cost of goods sold

c Gross profit or (loss) 11 Other income 12 Total. Add lines 1 through 11

ig and Administrative Expenses

13

s *

Compensation of officers, directors, trustees etc

14 Other employee salaries and wages 15 Pension plans, employee benefits 16a Legal fees STMT b Accounting fees STMT c Other professional fees STMT 17 Interest 18 Taxes STMT 19 Depreciation and depletion 20 Occupancy 21 Travel, conferences, and meetings 22 Printing and publications 23 Other expenses STMT 24 Total operating and administrative expenses. Add lines 13 through 23 25 Contributions, gifts, grants paid 26 Total expenses and disbursements. Add lines 24 and 25 27 Subtract line 26 from line 12

4 5 6 7

8

a Excess of revenue over expenses and disbursements

512,229. 512,229. 61,620,143. 3 4 , 2 3 9 , 9 5 7 . 228,303. 1,141,517. 90,654. 453,270. 99,826. 499,132. 3,174. 15,871. 10,649. 53,247. 2,318,438. 2,318,438. 18,441. 6,786. 84,714. 45,334. 2,722. 314,591.

6,950,681. 19,085,879.

3f223,632.

3,200,002. 22,544,897.

26,036,560.

3,223,632.

25,744,899.

73,763. 338,856. 181,338. 10,889. 856,163.

35,583,583. 31,016,325. N/A

C Adjusted net income (if negative, enter -0-)

113409

913,214. 362,616. 407,868. 12,697. 42,598. 0.

742,204. 134,365. 423,570. 226,672. 13,611. 928,784.

b Net investment income (if negative, enter -0-) 323501 12-05-03

STATEMENT 3

LHA For Paperwork Reduction Act Notice, see the instructions.

Form 990-PF (2003) 1 2003.06020 CONRAD N. HILTON FOUNDATION HILTON01

Form 990-PF(2003) •*.

i iJ

CONRAD N.

HILTON

FOUNDATION

94-3100217

JPartH 1 Balance Sheets

Page 2

cnu OT year

n«i____ ou__4._ Attached schedules and amounis in the descnpton

cMmMi^0,enMya!imm^^

(a) Book Value

1 Cash - non-interest-bearing 2 Savings and temporary cash investments

(b) Book Value

(c) Fair Market Value

700. 13,116,550.

700. 35,096,047.

700. 35,096,047.

17,300,000.

22,250,000.

22,250,000.

3 Accounts receivable ^ Less- allowance for doubtful accounts ^ 4

Pledges receivable ^ Less allowance for doubtful accounts ^

5

Grants receivable

6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Otenotesandloans-ttelvable

STMT 16

^

22,250,000.

Assets

Less allowance for doubtful accounts ^ 8

Inventories for sale or use

b Investments - corporate stock

STMT

11

c Investments - corporate bonds

STMT

12

375,586. 47,982. 47,982. 21,113,748. 59,630,185. 60,836,656. 2 8 8 , 6 0 6 , 4 7 5 . 265,231,901. 3 2 1 , 6 4 7 , 2 8 2 . 35,086,651. 33,462,090. 36,623,657.

STMT

13

2 6 8 , 6 1 6 , 8 6 7 . 2 6 3 , 9 5 6 , 1 7 6 . 284,501,731.

9 Prepaid expenses and deferred charges 10a Investments - U S and state government obligations STMT

11 Investments -land, buildings, and equipment basis Less accumulated depreciation

STMT 32

10

^ ^.

12 Investments - mortgage loans 13 Investments - other

.

14 Land, buildmqs. and equipment, basis ^ Less accumulated depreciation ^ 15 Other assets (described

968,266. 645,124.

STATEMENT

14)

1 7 Accounts payable and accrued expenses

Liabilities

Grants payable

19

Deferred revenue

20

Loans from officers, directors, trustees, and other disqualified persons

21

Mortgages and other notes payable

22 Other liabilities (describe >

STATEMENT

15)

23 Total liabilities (add lines 17 through 22)

Net Assets or Fund Balances

Organizations that follow SFAS 1 1 7, check here

|

323,142. 2,704,747.

323,142. 2,704,747.

646,080,278. 682,702,970. 764,031,944. 741,994. 803,442. 62,165,238. 58,406,221.

16 Total assets (to be completed bv all filers) 18

443,853. 1,419,848.

1,078,960.

3,148,725.

63,986,192.

62,358,388.

^ IX I

and complete lines 24 through 26 and lines 30 and 31 .

582,094,086. 620,344,582.

24 Unrestricted 25 Temporarily restricted 26 Permanently restricted Organizations that do not follow SFAS 117, check here

^ I

I

and complete lines 27 through 31 . 27 Capital stock, trust principal, or current funds 28 Paid-in or capital surplus, or land, bldg., and equipment fund 29

Retained earnings, accumulated income, endowment, or other funds

30 Total net assets or fund balances

582,094,086. 620,344,582.

31 Total liabilities and net assets/fund balances

646,080,278. 682,702,970.

\ Part UJI Analysis of Changes in Net Assets or Fund Balances 1

Total net assets or fund balances at beginning of year - Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year's return)

2 Enter amount from Part I, line 27a 3 Other increases not included in line 2 (itemize) *•

SEE

4 Add lines 1,2, and 3 5 Decreases not included in line 2 (itemize) ^ 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30

STATEMENT

9

1 2 3 4 5 6

582,094,086. 35,583,583. 2,666,913. 620,344,582. 0. 620,344,582. Form 990-PF (2003)

323511 12-05-03

14010907 099862 HILTONFDN

2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

i-orm 990-PF (2003) CONRAD N. HILTON FOUNDATION i Part IV j Capital Gains and Losses for Tax on Investment Income '

94-3100217 'bl>^0purcCi?aU«!ped D- Donation

(a) List and describe the kmd(s) of property sold (e.g., real estate, 2-story brick warehouse; or common stock, 200 shs.MLC Co)

'c) Date ac(luired (mo., day.yr)

Pages

W Date sold (mo., day, yr.)

13 b SEE

ATTACHED

STATEMENT

(CONTINUATION OF PART

IV)

c

d e (e) Gross sales price

(f) Depreciation allowed (or allowable)

(g) Cost or other basis plus expense of sale

(h) Gain or (loss) (e) plus (f) minus (g)

a b c d e

285,946,608.

303,164,233.

17,217,625.

Complete only for assets showing gam in column (h) and owned by the foundation on 12/31/69 (i)FM.V. as of 12/31/69

(j) Adjusted basis as of 12/31/69

(1) Gams (Col (h) gain minus col. (k), but not less than -0-) or Losses (from col (h))

(k) Excess of col (i) over col. ()), if any

a b c d e

17,217,625.

„ „ . , . . 2 Capital gam net income or (net capital loss)

/ If gam, also enter in Part I, line 7 i ( \\l\oss) enter -0- in Part I line? '

2

3 Net short-term capital gam or (loss) as defined in sections 1 222(5) and (6): If gam, also enter in Part I, line 8, column (c) If (loss), enter -0- in Part I, line 8

,. L /

17,217,625.

3

N/A

| Part V j Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income) If section 4940(d)(2) applies, leave this part blank Was the organization liable for the section 4942 tax on the distributable amount of any year in the base period7

Yes

No

If "Yes," the organization does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount in each column for each year; see instructions before making any entries Base period years Calendar year (or tax year beginning in)

(b)

(c)

Adjusted qualifying distributions

Net value of nonchantable-use assets

(d)

Distribution ratio (col (b) divided by col (c))

2002

29,677,138.

618,252,962.

.0480016

2001

24,939,969.

635,565,182.

.0392406

2000

33,183,475.

578,462,218.

.0573650

1999

31,176,582.

519,781,457.

.0599802

1998

25,165,686.

501,518,558.

.0501790

2

.2547664

3

.0509533

4 Enter the net value of nonchantable-use assets for 2003 from Part X, line 5

4

653,673,009.

5 Multiply line 4 by line 3

5

33,306,797.

6 Enter 1% of net investment income (1% of Part I, line 27b)

6

310,231.

7 Add lines 5 and 6

7

33,617,028.

8 Enter qualifying distributions from Part XII, line 4

8

30,758,800.

2 Total of line 1, column (d) 3 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years the foundation has been in existence if less than 5 years

If line 8 is equal to or greater than line 7, check the box in Part VI, line 1 b, and com()lete that part using a 1% tax rate See the Part VI instructions 323521/12-05-03

Form 990-PF (2003)

CONRAD N. HILTON FOUNDATION 94-3100217 Page 4 Excise Tax Based on Investment Income (Section 4940(a),'4940(b), 4940(e), or 4948 - see instructions)

Form 990-PF(2003)

i Part VII

1 a Exempt operating foundations described in section 4940(d)(2), check here ^ \ I and enter "N/A" on line 1 Date of ruling letter (attach copy of ruling letter if necessary-see instructions) I and enter 1% b Domestic organizations that meet the section 4940(e) requirements in Part V, check here ^ I of Part I, line 27b c All other domestic organizations enter 2% of line 27b. Exempt foreign organizations enter 4°/o of Part I, line 12, col. (b) , 2 Tax under section 51 1 (domestic section 4947(a)(1 ) trusts and taxable foundations only OUers enter -0-) 3 Add lines 1 and 2 4 Subtitle A (income) tax (domestic section 4947(a)(1 ) trusts and taxable foundations only Ot hers enter -0-) 5 Tax based on investment income. Subtract line 4 from line 3 If zero or less, enter -06 Credits/Payments 6a 6 1 7 , ].47. a 2003 estimated tax payments and 2002 overpayment credited to 2003 b Exempt foreign organizations - tax withheld at source 6b 213,000. c Tax paid with application for extension of time to file (Form 8868) 6c d Backup withholding erroneously withheld 6d 7 Total credits and payments Add lines 6a through 6d 8 Enter any penalty for underpayment of estimated tax Check here I I if Form 2220 is attac hed + 9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed 1 0 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid *• 11 Enter the amount of line 10 to be Credited to 2004 estimated tax >• 2 0 9 , 4 2 2 .| Refunded >•

1

620,327.

2 3 4 5

0. 620,327. 0. 620,327.

7 8 9 10 11

830,147. 398. 209,422. 0.

\ Part Vtl-A I Statements Regarding Activities 1 a During the tax year, did the organization attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? b Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)' If the answer is "Yes" to 1 a or 1 b, attach a detailed description of the activities and copies of any materials published or distributed by the organization in connection with the activities. c Did the organization file Form 1120-POL for this year' d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year (1) On the organization ^ $ 0 . (2) On organization managers ^ $ 0. e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed on organization managers ^ $ 0. 2 Has the organization engaged in any activities that have not previously been reported to the IRS' If "Yes, " attach a detailed description of the activities. 3 Has the organization made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments' If "Yes, " attach a conformed copy of the changes 4a Did the organization have unrelated business gross income of $1 ,000 or more during the year' b If "Yes," has it filed a tax return on Form 990-T for this year' N/A 5 Was there a liquidation, termination, dissolution, or substantial contraction during the year' If "Yes, " attach the statement required by General Instruction T. 6 Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either • By language in the governing instrument or • By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law remain in the governing instrument' 7 Did the organization have at least $5,000 in assets at any time during the year' If "Yes, " complete Part II, col. (c), and Part XV. 8a Enter the states to which the foundation reports or with which it is registered (see instructions) ^ NEVADA & CALIFORNIA b If the answer is "Yes" to line 7, has the organization furnished a copy of Form 990-PF to the Attorney General (or designate) of each state as required by General Instruction G' If "No, " attach explanation 9 Is the organization claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(|)(5) for calendar year 2003 or the taxable year beginning in 2003 (see instructions for Part XIV)' If "Yes, " complete Part XIV 10

Did any persons become Substantial contributors during the tax year? If 'Yes,' attach a schedule listing their names and addresses

11 Did the organization comply with the public inspection requirements for its annual returns and exemption application'

1a 1b

Yes No X X

1C

X

2

X

3 4a 4b 5

X X X

7

X X

8b

X

6

9 10 11

X X X

Web site address »» WWW.HILTONFOUNDATION.ORG 12 The books are in care of »• DEBORAH KERR

Located at frlOO WEST LIBERTY STREET,

SUITE 840,

_ Telephone no.X 775 ) 3 2 3 - 4 2 2 1 ziP+4 ^89501 RENO, NV

13 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - Check here and enter the amount of tax-exempt interest received or accrued during the year 323531 12-05-03

11340909 099862 HILTONFDN

13

N/A Form 990-PF (2003)

2003.06020 CONRAD N. HILTON FOUNDATION HILTON01

94-3100217

CONRAD N. HILTON FOUNDATION [Part VH'B j Statements Regarding Activities for Which Form 4720 May Be Required

Form 990-PF (2003)

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies. 1 a During the year did the organization (either directly or indirectly)' (1) Engage in the sale or exchange, or leasing of property with a disqualified person? . (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? STATEMENT 35 (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person' STATEMENT 25 (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? (5) Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)' . . . . . . .

b

c 2 a

b

c

Yes No .I

I Yes I X I No

Yes I"X"I No Yes I I No Yes I I No I

I Yes

(6) Agree to pay money or property to a government official? (Exception. Check "No" if the organization agreed to make a grant to or to employ the official for a period after termination of government service, if terminating within 90 days) . . . . . . L_J Yes If any answer is "Yes" to 1a(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations section 53 4941 (d)-3 or in a current notice regarding disaster assistance (see page 19 of the instructions)' Organizations relying on a current notice regarding disaster assistance check here . Did the organization engage in a prior year in any of the acts described in 1a, other than excepted acts, that were not corrected before the first day of the tax year beginning in 2003' Taxes on failure to distribute income (section 4942) (does not apply for years the organization was a private operating foundation defined in section 4942(j)(3) or4942(|)(5)) At the end of tax year 2003, did the organization have any undistributed income (lines 6d and 6e, Part XIII) for tax year(s) beginning before 2003' . . Q Yes If "Yes," list the years ^ , , , . Are there any years listed in 2a for which the organization is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to all years listed, answer "No" and attach statement - see instructions) If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

3a Did the organization hold more than a 2% direct or indirect interest in any business enterprise at any time during the year'

Pages

. I

No

No 1b

X

1C

X

No

N/A

2b

I Yes I X I Nn

b If "Yes," did it have excess business holdings in 2003 as a result of (1) any purchase by the organization or disqualified persons after May 26,1969, (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest, or (3) the lapse of the 10-, 15-, or 20-yearfirst phase holding period? (Use Schedule C, Form 4 720, to determine if the organization had excess business holdings in 2003.) N/A 4a Did the organization invest during the year any amount in a manner that would jeopardize its charitable purposes? b Did the organization make any investment in a prior year (but after December 31,1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2003' . .. . . . . 5a During the year did the organization pay or incur any amount to: (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))' I I Yes I X | No (2) Influence the outcome of any specific public election (see section 4955), or to carry on, directly or indirectly, any voter registration drive' . . . [IZI Yes I X | No (3) Provide a grant to an individual for travel, study, or other similar purposes' I I Yes I X I No (4) Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1),(2),or(3),orsection4940(d)(2)' . . US Yes EH No (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals' . . . d] Yes I X | No b If any answer is "Yes" to 5a(1 )-(5), did any of the transactions fail to qualify under the exceptions described in Regulations section 53 4945 or in a current notice regarding disaster assistance (see instructions)' Organizations relying on a current notice regarding disaster assistance check here .. ^I I c If the answer is "Yes" to question 5a(4), does the organization claim exemption from the tax because it maintained expenditure responsibility for the grant' STATEMENT 24 Bl Yes EH No

3b 4a

X

4b

X

5b

X

6b

X

If "Yes," attach the statement required by Regulations section 53.4945-5(d). 6a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract' . . b Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract' If you answered "Yes" to 6b, also file Form 8870.

. . .I

I Yes I X I No

Form 990-PF (2003) 323541 12-05-03

14010907 099862 HILTONFDN

2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

CONRAD N. HILTON FOUNDATION

94-3100217 Pages

Information About Officers, Directors, Trustees, Foundation Managers, Highly [Part VIII Paid Employees, and Contractors ' 1 List all officers, directors, trustees, foundation managers and their compensation: (c) Compensation (d) Contributions to (b) Title, and average employee benefit plans hours per week devoted (If not paid, (a) Name and address and deferred to position enter -0-) compensation SEE STATEMENT 25 171,036

0.

(d) Contributions to emplowe benefit plans and deferred compensation

(e) Expense account, other allowances

1.141.517.

2 Compensation of five highest-paid employees (other than those included on line 1). If none, enter "NONE." (b) Title and average (a) Name and address of each employee paid more than $50,000 hours per week (c) Compensation devoted to position SEE STATEMENT 26 309,034.

Total number of other employees paid over $50,000 3 Five highest-paid independent contractors for professional services. If none, enter "NONE." (a) Name and address of each person paid more than $50,000 SEE STATEMENT 27

(e) Expense account, other allowances

46,750.

0.

(c) Compensation

(b) Type of service

2.210.984.

Total number of others receiving over $50,000 for professional services Part iX-Aj Summary of Direct Charitable Activities List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc 1 SEE STATEMENT 33

2

^• Expenses

486,264. 2

3

4

323551 12-05-03

14010907 099862 HILTONFDN

Form 990-PF (2003)

6 2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

Form 990-PF (2003)

CONRAD N . HILTON FOUNDATION

94-3100217

Page?

j Part )X»B j Summary of Program-Related Investments Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2 1 LOAN MADE AT BELOW-MARKET INTEREST RATE TO PERKINS SCHOOL FOR THE BLIND TO SUPPORT PROGRAMS THAT BENEFIT MULT I -HANDICAPPED

Amount

5,000,000.

BLIND CHILDREN. 2

All other program-related investments See instructions 3 NONE

Total. Add lines 1 through 3 : Part X

^•

5,000,000.

I Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

1

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc , purposes la Average monthly fair market value of securities ib Average of monthly cash balances 1c Fair market value of all other assets Total (add lines 1a, b, and c) 1d Reduction claimed for blockage or other factors reported on lines 1aand I 1e I 0. 1c (attach detailed explanation) 2 2 Acquisition indebtedness applicable to line 1 assets 3 3 Subtract line 2 from line 1d 4 4 Cash deemed held for charitable activities Enter 1 1/2% of line 3 (for greater amount, see instructions) 5 Net value of noncharitable-use assets Subtract line 4 from line 3 Enter here and on Part V, line 4 5 6 Minimum investment return. Enter 5% of line 5 6 E Part Xl uismuuiauie MIIIUUMI (see instructions) (secuuii 4M4Z(|)(j) anu j)p) private operating lounoations ana certain a b c d e

1 2a b c 3 4a b c 5 6 7

Minimum investment return from Part X, line 6 Tax on investment income for 2003 from Part VI, line 5 2a Income tax for 2003 (This does not include the tax from Part VI ) 2b Add lines 2a and 2b Distributable amount before adjustments Subtract line 2c from line 1 Recoveries of amounts treated as qualifying distributions 4a Income distributions from section 4947(a)(2) trusts 4b Add lines 4a and 4b Add lines 3 and 4c Deduction from distributable amount (see instructions) Distributable amount as adjusted Subtract line 6 from line 5 Enter here and on Part XIII, line 1

659,934,926. 616,623. 3,075,871. 663,627,420.

0. 663,627,420. 9,954,411. 653,673,009. 32,683,650.

1

32,683,650.

2c

620,327. 32,063,323.

620,327.

3

0. 0.

7

0. 32,063,323. 0. 32,063,323.

la Ib 2

25,744,899. 5,000,000. 13,901.

3a 3D

0. 0. 30,758,800.

4c 5 6

[ Part XH Qualifying Distributions (see instructions) 1

Amounts paid (including administrative expenses) to accomplish charitable, etc , purpo ses a Expenses, contributions, gifts, etc - total from Part I, column (d), line 26 b Program-related investments - Total from Part IX-B 2 Amounts paid to acquire assets used (or held for use) directly in carrying out charitable etc , purposes 3 Amounts set aside for specific charitable projects that satisfy the a Suitability test (prior IRS approval required) b Cash distribution test (attach the required schedule) 4 Qualifying distributions. Add lines 1a through 3b Enter here and on Part V, line 8, and Part XIII, line 4 5 Organizations that qualify under section 4940(e) for the reduced rate of tax on net mves tment income Enter 1% of Part I, line 27b 6 Adjusted qualifying distributions. Subtract line 5 from line 4 Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the 4940(e) reduction of tax in those years.

4 5 6

0. 30,758,800.

foundation qualifies for the section Form 990-PF (2003)

323561 12-05-03

11340909 099862 HILTONFDN

2003.06020 CONRAD N. HILTON FOUNDATION HILTON01

Form 99Q-PF (2003)

i Part XH1

CONRAD N.

HILTON FOUNDATION

94-3100217

Undistributed Income (see instructions)

(b)

(a) Corpus

(d)

(c) 2002

Years prior to 2002

2003

1 Distributable amount for 2003 from Part XI, line 7 2

Page8

32,063,323.

Undistributed income, if any, as of the end of 2002

1,074,230.

a Enter amount for 2002 only b Total for prior years

0. 3 Excess distributions ca rryover, if any, to 2003' a From 1998 b From 1999 c From 2000 d From 2001 e From 2002 f Total of lines 3a throuf he 4 Qualifying distributions for 2003 from Part XII, line 4 ^ $ 3 0 , 7 5 8 , 8 0 0 . a Applied to 2002, but not more than line 2a b Applied to undistnbuted income of prior years (Election require*1 - see instructions) c Treated as distribution >out of corpus (Election required - see instructions) d Applied to 2003 distnb utable amount e Remaining amount dis nbuted out of corpus 5

Excess distributions carryover applied to 2003 (If an amount appears in co umn (d), the same amount must be shown in column a))

0.

1,074,230.

0. 0. 29,684,570.

0. 0.

0.

6 Enter the net total of e ach column as indicated below: a Corpus Add lines 3f, 4c, a id 4e Subtract line 5

b Prior years' undistributed income Subtract line 4b from Ime2b c Enter the amount of prior years' undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed d Subtract line 6c from line 6b Taxable amount - see instructions e Undistributed income for 2002 Subtract line 4a from line 2a Taxable amount - see mstr f Undistributed income for 2003 Subtract lines 4d and 5 from line 1 This amount must be distributed in 2004 7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section l70(b)(1)(E) or4942(g)(3) 8 Excess distributions carryover from 1 998 not applied on line 5 or line 7 9 Excess distributions carryover to 2004. Subtract lines 7 and 8 from line 6a 10 Analysis of line 9 a Excess from 1999 b Excess from 2000 c Excess from 2001 d Excess from 2002 e Excess from 2003

0. 0.

0. 0. 0.

2,378,753.

0. 0. 0.

Form 990-PF (2003) 323571 12-05-03

8

11340909 099862

HILTONFDN

2003.06020 CONRAD N. HILTON FOUNDATION HILTON01

Form 990-PF (2003)

CONRAD N.

HILTON FOUNDATION

[PartXjV Private Operating Foundations (see instructions and Part VII-A. question 9) 1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling is effective fo r 2003, enter the date of the ruling . *> I b Check box to indicate whether the organ ization is a private operating foundation described in section Tax year Prior 3 years 2 a Enter the lesser of the adjusted net (b) 2002 (a) 2003 (c) 2001 income from Part I or the minimum investment return from Part X for each year listed b 85% of line 2a c Qualifying distributions from Part XII, line 4 for each year listed d Amounts included in line 2c not used directly for active conduct of exempt activities e Qualifying distributions made directly for active conduct of exempt activities Subtract line 2d from line 2c 3 Complete 3a,b, ore for the alternative test relied upon a "Assets" alternative test -enter (1) Value of all assets

94-3100217

Page 9

N/A

I 4942(j)(3) or (d) 2000

I

I 4942(j)(5) (e) Total

(2) Value of assets qualifying under section 4942(|)(3)(B)(i) b "Endowment" alternative test - Enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed c "Support" alternative test - enter (1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 51 2(a)(5)), or royalties) (2) Support from general public and 5 or more exempt organizations as provided in section 4942(|)(3)(B)(ni) (3) Largest amount of support from an exempt organization (4) Gross investment income

[ Part XV j Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time during the year-see page 25 of the instructions.) 1

Information Regarding Foundation Managers: a List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE b List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest

NONE 2

Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs: Check here ^ I I if the organization only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds If the organization makes gifts, grants, etc (see instructions) to individuals or organizations under other conditions, complete items 2a, b, c, and d a The name, address, and telephone number of the person to whom applications should be addressed-

SEE STATEMENT 28 b The form in which applications should be submitted and information and materials they should include SEE STATEMENT 29 c Any submission deadlines NONE d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors: SEE STATEMENT 17 323581/01-20-04

14010907 099862 HILTONFDN

Form 990-PF (2003)

2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

CONRAD N. HILTON FOUNDATION

Form 990-PF(2003)

94-3100217

PagelO

j Part XVI Supplementary Information (continued) 3 Grants and Contributions Paid During the Year or Approved for Future Payment Recipient Name and address (home or business)

If recipient is an individual, show any relationship to any foundation manager or substantial contributor

Foundation status of recipient

Purpose of grantor contribution

Amount

a Paid during the year SEE STATEMENT

30

Total

22,544,897.

*• 3a

b Approved for future payment SEE STATEMENT 31

Total 323601/12-05-03

14010907 099862 HILTONFDN

22,544.897. 58,406,220.

> 3b

58.406.220.

Form 990-PF (2003)

10 2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

Form 990-PF(2003)

CONRAD N. HILTON FOUNDATION

94-3100217

Page11

Analysis of Income-Producing Activities Enter gross amounts unless otherwise indicated

Unrelated business income (b) »Business Amount code

Excluded by section 512, 513, or 514

IT

(a)

1 Program service revenue. a b c d e f g Fees and contracts from government agencies 2 Membership dues and assessments 3 Interest on savings and temporary cash investments 4 Dividends and interest from securities 5 Net rental income or (loss) from real estatea Debt-financed property b Not debt-financed property 6 Net rental income or (loss) from personal property 7 Other investment income 8 Gain or (loss) from sales of assets other than inventory 9 Net income or (loss) from special events 1 0 Gross profit or (loss) from sales of inventory 11 Other revenue a ROYALTIES - BE MY GUEST b OTHER INCOME - STATE ST c INTEREST ON PROGRAMd RELATED INVESTMENTS e 12 Subtotal Add columns (b).(d), and (e)

slon code

(e)

Related or exempt function income

(d) Amount

14 14

1,376. 16,248,980.

14

17,121,805.

10,801. 35,928. 465,500. 0.

465,500.

33,418,890. 13

13 Total. Add line 12, columns (b), (d), and (e)

33,884,390.

(See worksheet in line 13 instructions to verify calculations.)

[PariXVWBj Line No. T

11D

Relationship of Activities to the Accomplishment of Exempt Purposes

Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes).

INTEREST INCOME RECEIVED FROM PROGRAM RELATED INVESTMENT LOANS (SEE STATEMENT 16 FOR DETAILS)

323611 12-05-03

Form 990-PF (2003) 11

14010907 099862 HILTONFDN

2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

CONRAD N. HILTON FOUNDATION 94-3100217 [ Part XVII j Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations Form 990-PF(2003)

PaQe1 2

Yes No Did the organization directly or indirectly engage in any of the following with any other organization described in section 501 (c) of the Code (other than section 501 (c)(3) organizations) or in section 527, relating to political organizations? Transfers from the reporting organization to a noncharitable exempt organization of: X (1) Cash . .. 1a(1) X 1a(2) (2) Other assets . .. . . . . Other transactions: X (1) Sales of assets to a noncharitable exempt organization . . 1b(1) X (2) Purchases of assets from a noncharitable exempt organization 1b(2) X (3) Rental of facilities, equipment, or other assets 1b(3) X 1b(4) (4) Reimbursement arrangements X 1b(5) (5) Loans or loan guarantees X 1b(6) (6) Performance of services or membership or fundraising solicitations X 1C Sharing of facilities, equipment, mailing lists, other assets, or paid employees If the answer to any of the above is "Yes," complete the following schedule Column (b) should always show the fair market value of the goods, other assets, or services given by the reporting organization. If the organization received less than fair market value in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

(a) Line no

(b) Amount involved

(c) Name of noncharitable exempt organization

(d) Description of transfers, transactions, and sharing arrangements

N/A

2a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described in section 501 (c) of the Code (other than section 501 (c)(3)) or in section 527' b If "Yes," complete the following schedule. (a) Name of organization

.

Yes

No

(c) Description of relationship

(b) Type of organization

N/A

Under penalties of perjury, 1 declare that 1 have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, It Is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) Is based on all Information of which preparer has any knowledge

Signature of officer or trustee

Paid Preparer's Use Only

£ Y m

1

Preparer's k signature 7 Firm's name (or yours

/ "'l{/4j/)fl.

Date ^~ -t /' ^iTU/Yl^i

DELOITTE

Tffl[X

r /T. ^ ^

"B"

address,andZIPcode r

CA 92101-8198

St^EETT^ SUITE

Title

^liinJ illOfO^

self-1*'1 employed >• 1

Preparer's SSN or PT1N

1

EIN >•

LLJr

rtself-employad), ^701 SAN DIEGO,

r

1900

Phone no

(

619)

232-6500

Form 990-PF (2003)

323621 12-05-03

14010907 099862 HILTONFDN

12 2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

Schedule B

(Form 990, 990-EZ, or 990-PF)

Department of the Treasury Internal Revenue Service

Schedule ofContributors t

OMB No 1545-0047

Supplementary Information for line 1 of Form 990, 990-EZ, and 990-PF (see instructions)

2003 Employer identification number

Name of organization

CONRAD N. HILTON FOUNDATION

94-3100217

Organization type (check one): Filers of:

Section:

Form 990 or 990-EZ

I

I 501 (c)(

I

I 4947(a)(1) nonexempt charitable trust not treated as a private foundation

I

I 527 political organization

Form 990-PF

[X] I

) (enter number) organization

501 (c)(3) exempt private foundation I 4947(a)(1) nonexempt charitable trust treated as a private foundation 501 (c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule. (Note: Only a section 501(c)(7), (8), or (10) organization can check box(es) for both the General Rule and a Special Rule-see instructions.) General RuleI X I For organizations filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or property) from any one contributor. (Complete Parts I and II.) Special RulesI

I For a section 501 (c)(3) organization filing Form 990, or Form 990-EZ, that met the 33 1/3% support test of the regulations under sections 509(a)(1)/170(b)(1)(A)(vi) and received from any one contributor, during the year, a contribution of the greater of $5,000 or 2% of the amount on line 1 of these forms. (Complete Parts I and II.)

I

I For a section 501 (c)(7), (8), or (10) organization filing Form 990, or Form 990-EZ, that received from any one contributor, during the year, aggregate contributions or bequests of more than $1,000 for use exclusively for religious, charitable, scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. (Complete Parts I, II, and III.)

I

I For a section 501 (c)(7), (8), or (10) organization filing Form 990, or Form 990-EZ, that received from any one contributor, during the year, some contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did not aggregate to more than $1,000. (If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the Parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more during the year.) .. ^ $

Caution: Organizations that are not covered by the General Rule and/or the Special Rules do not file Schedule B (Form 990, 990-EZ, or 990-PF), but they must check the box in the heading of their Form 990, Form 990-EZ, or on line 1 of their Form 990-PF, to certify that they do not meet the filing requirements of Schedule B (Form 990, 990-EZ, or 990-PF). LHA For Paperwork Reduction Act Notice, see the Instructions for Form 990 and Form 990-EZ

Schedule B (Form 990,990-EZ, or 990-PF) (2003)

323451 12-05-03

14010907 099862 HILTONFDN

13 2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

Schedule B (Form 990, 990-EZ, or 990-PF) (2003)

Page

Name of organization

1

1 of Part I

to

Employer Identification number

CONRAD N. HILTON FOUNDATION

94-3100217

Contributors (See Specific Instructions.) (b) Name, address, and ZIP + 4

(a) No.

1

SEE STATEMENT

(c) Aggregate contributions

1 $

27,735,753.

(d) Type of contribution

Person Payroll Noncash

1X 1 1 j | |

(Complete Part II if there is a noncash contribution.) (a) No.

(b) Name, address, and ZIP + 4

(c) Aggregate contributions

(d) Type of contribution

Person Payroll Noncash

$

1 1 |~| | |

(Complete Part II if there is a noncash contribution.) (a) No.

(b) Name, address, and ZIP + 4

(c) Aggregate contributions

(d) Type of contribution

Person Payroll Noncash

$

1 1 |

1 1 |

(Complete Part II if there is a noncash contribution.) (a) No.

(b) Name, address, and ZIP + 4

(c) Aggregate contributions

(d) Type of contribution

Person Payroll Noncash

$

1 1 [" ~| | |

(Complete Part II if there is a noncash contribution.) (a) No.

(b) Name, address, and ZIP + 4

(c) Aggregate contributions

(d) Type of contribution

Person Payroll Noncash

$

1 1 l~~1 | |

(Complete Part II if there is a noncash contribution.) (a) No.

(b) Name, address, and ZIP + 4

(c) Aggregate contributions

$

(d) Type of contribution

Person Payroll Noncash

1 1 |

1 1 |

(Complete Part II if there is a noncash contribution.) 323452 12-05-03

14010907 099862 HILTONFDN

Schedule B (Form 990,990-EZ, or 990-PF) (2003)

14 2003.06010 CONRAD N. HILTON FOUNDATION HILTON01

CONTINUATION FOR 990-PF, PART IV CONRAD N. HILTON FOUNDATION 94-3100217 PAGE 1 OF 1 i Part IV i Capital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold, e g , real estate, ' (d) Date sold D a q T-War o Vay vT (mo , day, yr.) 2-story brick warehouse; or common stock, 200 shs MLC Co. D- Donation A JH 1L

1 0 1 . 7A7 1 / *»*/1J. 1 J 34

CLEAN HBRS INC 010 23. 500 000

130 .971.06

Oil 19. 400 000

102 .343.74

255,901.52

20AUG03 -153 .557.78

25AUG03

1.000000 .00

013 3. 200 000

16 .461.62

42.210.56

21AUG03 -25 ,748.94

26AUG03

1.000000 .00

-25 .748

015 4.400 000

21 .173.12

22AUG03 -36 .792.75

27AUG03

57.965.87

1.000000 .00

-36 ,792 75

017 12. 800 000

60 .507.86

25AUG03 -106 .448.94

28AUG03

166.956.80

1.000000 .00

-106 .448

94

019 19. 900 000

89 ,312.95

26AUG03 -166 .386.04

29AUG03

255.698.99

1.000000 .00

-166 .386

04

021 16,800 000

82 .253.95

27AUG03 -127 ,727.57

02SEP03

209.981.52

1.000000 .00

-127 .727 57

cm 5UJ .024.30

1,298.699.06

- 795 ,674.76 L

TOTAL

COM

.fin uu

/ y D t C-JA D / **

7QC

L

94

7fi / 0 1L

OOA1 USD

CONRAD N HILTON FOUNDATION WILLIAM D WITTER SUMMARY REALIZED SAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT LOCAL PRINCIPAL NET SHARES/PAR BASE PRINCIPAL NET CONSOLIDATED GRAPHICS INC 094 51. 087.60 2. 000. 000

209341106

209341106

PAGE: 7 AS-OF DATE: 29FEB04

MAT DATE MAT RATE TRD DT LOCAL COST LOCAL SECTY GN/LS BASE COST BASE SECTY GN/LS *** ID C O S T F U N D ***

STL DT

010CT03 19.260.40

060CT03

31.827.20

1.000000 .00

19 .260 40

COM

SELL RATE

BASE CURR GN/LS

NET SECTY 6N/LS NET BAS SECTY GN/LS

96.836.55

60.471.68

060CT03 36,364.87

090CT03

119 3.800 000

1.000000 .00

36 .364 87

114. 738.76

69.373.35

070CT03 45.365.41

100CT03

125 4.500 000

1.000000 .00

45 .365 41

197. 758.16

132.822.15

080CT03 64.936.01

140CT03

130 7.800 000

1.000000 .00

64 .936 01

102. 594.81

71.799.20

100CT03 30.795.61

160CT03

142 4.100 000

1.000000 .00

30 .795 61

134. 396.92

92.948.58

130CT03 41.448.34

160CT03

154 5.300 000

1.000000 .00

41 .448 34

47.852.10

33.348.23

140CT03 14.503.87

170CT03

180 1,900 000

1.000000 .00

14 .503 87

492.590.39

252.674.51 L 16SEP03

1.000000 .00

44 .634 31

TOTAL

745. 264.90

.00

252 .674 51 L

CYTYC CORP 036 16.000.000

223. 189.51

178.555.20

11SEP03 44.634.31

721. 163.33

579.188.43

12SEP03 141.974.90

030CT03

108 51.900 000

1.000000 .00

141 .974 90

102. 967.64

82.581.78

05JAN04 20.385.86

08JAN04

349 7.400 000

1.000000 .00

20 .385 86

5. 579.73

4.463.88

06JAN04 1.115.85

09JAN04

351

1.000000 .00

1.115 85

07JAN04

12JAN04

1.000000

232946103

400 000

OOA1 USD

COM

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT LOCAL PRINCIPAL NET SHARES/PAR BASE PRINCIPAL NET

TRD DT MAT DATE MAT RATE LOCAL SECTY GN/LS LOCAL COST BASE SECTY GN/LS BASE COST F U N D *** * * * ID C O S T

352

57 .192 .31

45 .754.77

11 .437.54

357

15 .344 .27

12 .275.67

3.068.60

358

25 .108 82

20 .087.46

5 .021.36

361

85 .750 .38

68 .074.17

17 .676.21

362

18 .291 .31

14 .507.61

3.783.70

363

72 .166 .20

56 .914.47

15 .251.73

4. 100.000

08JAN04

1. 100.000

09JAN04

1. 800.000

09JAN04

6. 100.000 1. 300.000

5. 100.000 232946103

TOTAL DORAL F ML CORP 708 7. 000.000

25811P100

002

58. 000.000 25811P100

STL DT

SELL RATE

BASE C U R R GN/LS

.00

NET SECTY GN/LS NET BAS SECTY GN/LS 11.437 54

13JAN04

1.000000 .00

3.068 60

14JAN04

1.000000 .00

5.021 36

14JAN04

1.000000 .00

17.676 21

12JAN04

15JAN04

1.000000 .00

3.783 70

12JAN04

15JAN04

1.000000 .00

15,251 73 264.350 06 L

1.062 .403.44

264 .350.06 L

28MAY03

278 .376 .95

79 .333.33

22MAY03 199 .043.62

1.000000 .00

199.043 62

2.386 .988 .34

01AUG03 1.706 .580.00

06AUG03

680 .406.34

1.000000 .00

1.706.580 00

759 .741.67

1.905 .623.62 L

214 .612.74

02JUL03 -32 .060.28

08JUL03

1.000000 .00

-32.060 28

1.326 .753 .50 COM

.00

TOTAL 2.665 .365 .29

261876106

PAGE: 8 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION WILLIAM D WITTER S U M M A R Y REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

DREXLER TECHNOLOGY C ORP 182 ,552 .46 782 12. 150.000

COM

.00

1.905.623 62 L

654 .821 .16

799 .665.70

07JUL03 -144 .844.54

10JUL03

785

1.000000 .00

-144.844 54

260 .206 .57

353 .275.23

08JUL03

-93 .068.66

110UL03

790

1.000000 .00

-93.068 66

43. 900.000 18. 000.000

CONRAD N HILTON FOUNDATION WILLIAM D WITTER SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

OOA1 USD

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT LOCAL PRINCIPAL NET SHARES/PAR BASE PRINCIPAL NET 344123104

T

°TAL

860 873.00

436 393 60

FRONTIER AIRLS INC NEW 417 758.986.80 75 .000.000 GENUS INC 372461103 443 179.577.26 38 .900.000

359065109

425 48 .600.000 372461103

MAT DATE MAT RATE LOCAL COST BASE COST *** ID COS

COM COM

212.624.67

GRAFTECH INTL LTD 414 912.744.60 75 .000.000 HAVERTY FURNITURE COS INC 419596101 041 15.484.31 800.000

COM COM

STL DT SELL RATE BASE CURR GN/LS

.00

NET SECTY GN/LS NET BAS SECTY GN/LS

-424 479 .40 *»U 1L

12FEB04

1.406.705.50

-424.479.40 L 09FEB04 -649.718.70 09FEB04 -127.047.89

12FEB04

306.625.15

10FEB04 -179.094.08

13FEB04

391.718.75

12FEB04

636.910.99

- 306 141 .97 L 09FEB04 275.833.61

1.000000 .00

275 .833 .61

9.132.00

15SEP03 6.352.31

18SEP03

1.000000 .00

6 .352 .31

TOTAL

364313102

TRD DT LOCAL SECTY GN/LS BASE SECTY GN/LS

PAGE: 11 AS-OF DATE: 29FEB04

1.000000 .00

-649 .718 .70

1.000000 .00

-127 .047 .89

1.000000 .00

-179 .094 .06

.00

- 306 141 .07 y / iL

192.068.98

114.150.00

16SEP03 77.918.98

19SEP03

046 10 .000.000

1.000000 .00

77 .918 .98

054 48 .300.000

942.631.69

551.344.50

17SEP03 391.287.19

22SEP03

1.000000 .00

391 .287 .19

506.615.87

291.623.50

18SEP03 216.992.37

23SEP03

060 25 .900.000

1.000000 .00

216 .992 .37

C CO

966.250.00

692.550.85 L

419596101

OOA1 USD

TOTAL

1

Oft ft

OC

HEALTHCARE SVCS GROUP INC 20.915.31 169 1 .234.000

692 .550 .85 L

PAGE: 12 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION WILLIAM D WITTER SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29, 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT LOCAL PRINCIPAL NET SHARES/PAR BASE PRINCIPAL NET 421906108

.00

TRD DT MAT DATE MAT RATE LOCAL SECTY GN/LS LOCAL COST BASE SECTY GN/LS BASE COST F U N D *** * * * ID C O S T

STL DT

19.494.49

140CT03 1.420.82

170CT03

1.000000 .00

1.420.82

1.000000 .00

1.039.6B

COM

SELL RATE

BASE CURR GN/LS

NET SECTY GN/LS NET BAS SECTY GN/LS

15.257.70

14.218.02

150CT03 1.039.68

200CT03

171 900.000 185 900.000

14.218.02

200CT03 290.37

230CT03

14.508.39

1.000000 .00

290.37

27.138.37

26.856.26

210CT03 282.11

240CT03

168 1.700.000

1.000000 .00

282.11

191 5 .000.000

79.166.43

220CT03 571.82

270CT03

79.738.25

1.000000 .00

571.82

194 1.600.000

25.520.00

230CT03 40.55

280CT03

25.560.55

1.000000 .00

40.55

208 2 .266.000 TOTAL 421906108

36.142.70

240CT03 -1.142.13

290CT03

35.000.57

1.000000 .00

-1.142.13

02SEP03

1.000000 .00

-241.172.44

020CT03

1.000000 .00

-651.496.69

45255G101

45255G101

O I Q , 1li 1 Qy . 1 ji tlO 14

IMPATH INC 022 20 .000.000

51.397.56

089 60 .000.000

98.899.31

TOTAL

1 £fl . 90 O7 .laU £3C0 . O/

9 1 C , CD1iK3 .Qy9L f. ID

COM

.nn uu

1 ce. 99 L1 ouo . 2 .fift

27AUG03

292.570.00

-241.172.44

750,396.00

29SEP03 -651.496.69

1.042.966.00

-892.669,13 L

.nn uu

i Z .cn-a O UO 9.9 C C

-PQ9 fifiQ 1 "7 1L Oyt.DDiJ.lO

l_

CONRAD N HILTON FOUNDATION WILLIAM D WITTER SUMMARY REALIZED SAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 20'04

MONTHLY

OOA1 USD

TRD DT LOCAL SECTY GN/LS BASE SECTY 6N/LS

STL DT

329.336.28

08JAN04 -78.163.67

13JAN04

15.259.05

15.354.00

060CT03 -94.95

123 400.000

6.783.96

6.824.00

127 1 ,400.000

23.168.91

162 29 .800.000

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT LOCAL PRINCIPAL NET SHARES/PAR BASE PRINCIPAL NET INAHED CORP 355 5 .850.000 INTERPOOL INC 46062R108 118 900.000 453235103

46062R108

T

°TAL

COM

090CT03

1.000000 .00

-94 .95

070CT03 -40.04

100CT03

1.000000 .00

-40 .04

23.884.00

080CT03 -715.09

140CT03

1.000000 .00

-715 .09

515.395.59

100CT03 -104.174.91

160CT03

411.220.68

1.000000 .00

-104.174 .91

456 432 60

cci1 ,£C7 DO •fa / co . oy

-105

MONTHLY

OOA5 USD

ASSET ID SH SELL/BTC

PAGE 1 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION WESTCAP INV LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1, 2003 TO FEBRUARY 29. 2004

SECURITY DESCRIPTION LOT PRINCIPAL NET

SHARES/PAR

MAT DATE MAT RATE COST . - - I D COS T

TRD DT SECTY GN/LS F U N D

STL DT SELL RATE CURR GN/LS

NET SECTY GN/LS

***

EQUITY G7945J104

466 14.305.000 G7945J104 G90078109

05NOV03 .00

24NOV03

572.20 374.440.57

21JAN04 -148.663.92

26JAN04

225,776.65 226.348.85

375.012.77

-148.663.92 L 10APR03 -370.827.94

15APR03

599.761.83

15JUL03 16.193.83

18JUL03

75.139.83

20AUG03 -59.290.85

25AUG03

443.247.37

SEAGATE TECHNOLOGY ADJC- 429 .000

TOTAL

TRANSOCEAN INC 316 11.470.000

572.20

228.933.89

031162100

AMGEN INC 351 1.275.000

032511107

ANADARKO PETE CORP 373 383.956.52 8.750.000

COM 91.333.66

20AUG03 59.290.85

25AUG03

-443.247.37

382.994.05

443.247.37

20AUG03 -60.253.32

05SEP03

375 8.750.000

382.994.05

443.247.37

-60.253.32 L 15JUL03 3.309.07

18JUL03

65.548.80

22AUG03 3.578.50

27AUG03

154.811.82

364 3.115.000

OOA5 USD

COM

COM

158.390.32

MONTHLY

MAT DATE MAT RATE COST ***

035229103

TOTAL

037411105

APACHE CORP 320 .800 AVON PRODS INC 451 2 .250.000

054303102

227.248.19

22160K105

COSTCO WHSL CORP NEW 400 351.649.81 10 .715.000

319963104 369604103 530718105 532457108

C O S T

1.000000 .00 1.000000

.00

1.000000 .00

16.193.83 -59.290.85

1.000000

.00

59.290.85

1.000000

.00

-60.253.32 -60.253.32 L

1.000000

.00

3.309.07

1.000000

.00

3.578.50

PAGE 2 AS-OF DATE: 29FEB04

STL DT

SELL RATE CURR GN/LS

NET SECTY GN/LS

* * *

6 .887 .57 L

15APR03 3.19

15APR03

44.02

1.000000 .00

3 .19

23DEC03 38.633.61

30DEC03

110.432.25

1.000000 .00

38 .633 .61

03FEB04 171.864.66

06FEB04

113.767.49

1.000000 .00

171 .864 .66

100CT03 -75.505.82

160CT03

427.155.63

1.000000 .00

-75 ,505 .82

16SEP03 12.813.39

19SEP03

70.164.79

1.000000 .00

12 .813 .39

05NOV03 24.084.64

10NOV03

251.339.28

1.000000 .00

24 .084 .64

COM COM

82.978.18

F U N D

-370,827.94

6.887.57 L

COM 285.632.15

TRD DT SECTY GN/LS

-148.663.92

220.360.62

COM 149.065.86

CISCO SYS INC 470 10 .915.000

DELL INC 381 2 .430.000

I D

COM 47.21

17275R102

24702R101

1.000000

CONRAD N HILTON FOUNDATION WESTCAP INV LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

ASSET ID SECURITY DESCRIPTION SH SELL/ETC LOT P R I N C I P A L NET SHARES/PAR

.00

-148.663.92 L

-383.956.52

ANHEUSER BUSCH COS INC 352 68.857.87 1.355.000

035229103

SHS

1.000000 .00

.00

CXL 373 -8,750.000

TOTAL

032511107

SHS

FIRST DATA CORP 431 7 .810.000

275.423.92

GENERAL ELEC CO 415 11 .580.000

384.740.62

150CT03 -51.793.02

200CT03

332.947.60

1.000000 .00

-51 .793 .02

LIBERTY MEDIA CORP 386 245.398.46 23 ,000.000

COM SER A 206.724.00

17SEP03 38,674.46

22SEP03

1.000000 .00

38 .674 .46

LILLY ELI + CO 366 2 ,100.000 396

2.400.000

COM COM

174.381.06

20AUG03 -44.691.56

25AUG03

129.689.50

1.000000 .00

-44 .691 .56

189,836.10

100CT03 -40,728.93

160CT03

149.107.17

1.000000 .00

-40 .728 .93

COM

STATEMENT 22

OOA5 USD

CONRAD N HILTON FOUNDATION WESTCAP INV LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT PRINCIPAL NET SHARES/PAR 532457108 571748102

TOTAL

571748102

TOTAL

585055106

MEDTRONIC INC 459 1.855.000

594918104

MICROSOFT CORP 382 4.320.000 464 10.820.000

NET SECTY GN/LS

*** -85.420.49 L

15JUL03 12.859.50

18JUL03

290.666.10

100CT03 -12.550.22

160CT03

278.115.88 414.042.49

413.733.21

309.28 L 12JAN04 11,607.54

15JAN04

77.854.91 25.970.62

16SEP03 96,927.61

19SEP03

122.898.23

174.134.30

15JAN04 123.258.93

21JAN04

297.393.23

200.104.92

220.186.54 L 130CT03 -46.622.77

160CT03

168,962.62

1.000000 .00

-46.622.77

080CT03 -34.510.29

140CT03

271.550.10

1.000000 .00

-34.510.29

12JAN04 34.729.49

15JAN04

99.402.33

1.000000 .00

34.729.49

COM

COM 89.462.45 COM

608554200

MOLEX INC 406 4.670.000

122.339.85

CL A

NORTHROP GRUMMAN CORP 413 237,039.81 2.765.000

COM

PFIZER INC 460 3.770.000

COM 134,131.82

1.000000 .00

12.859.50

1.000000 .00

-12.550.22 309.28 L

1.000000 .00

11.607.54

1.000000 .00

96.927.61

1.000000 .00

123.258.93 220.186.54 L

PAGE: 4 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION WESTCAP INV LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT P R I N C I P A L NET SHARES/PAR

MAT DATE MAT RATE COST * * *

74144T108

PRICE T ROWE GROUP INC 385 217.779.84 4.990.000

COM

784117103

SEI INVESTMENTS CO 417 328,766.58 10,000.000

COM

857477103

STATE STREET CORPORATION 405 220.649.98 4.435.000

COM

949746101

WELLS FARGO + CO NEW 328 293.471.02 6.150.000

COM

ZIMMER HOLDINGS INC 452 120.149.02 1.750.000

COM

98956P102

F U N D

SELL RATE CURR GN/LS

123.067.11

420.291.46

OOA5 USD

C O S T

STL DT

-85.420.49 L

TOTAL

717081103

ID

TRD DT SECTY SN/LS

364,217.16

594918104

666807102

***

278.796.67

MARSH + MCLENNAN COS INC 353 135.926.61 2.610.000 397 5.830.000

MAT DATE MAT RATE COST

PAGE: 3 AS-OF DATE: 29FEB04

I D

C O S T

TRD DT SECTY GN/LS F U N D

STL DT

SELL RATE CURR GN/LS

NET SECTY GN/LS

* * *

17SEP03 90.135.64

22SEP03

127.644.20

1.000000 .00

90.135.64

170CT03 -8.002.00

220CT03

336.768.58

1.000000 .00

-8.002.00

130CT03 -18.434.83

160CT03

239.084.81

1.000000 .00

-18.434.83

07MAY03 -26.440.91

13MAY03

319.911.93

1.000000 .00

-26.440.91

23DEC03 50.364.97

30DEC03

69.784.05

1.000000 .00

50.364.97

USD TOTAL

5.756.922.82

5.966.909.32

-209.986.50 L

-209.986.50 L

EQUITY TOTAL

5,756.922.82

5.966.909.32

-209.986.50 L

-209.986.50 L

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY R EALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

OOA6 USD

ASSET ID SECURITY DESCRIPTION PRINCIPAL NET SH SELL/BTC LOT SHARES/PAR

MAT DATE MAT RATE COST * ** ID CO S T

DT SECTY TRD GN/LS

PAGE 1 AS-OF DATE: 29FEB04

STL DTCURR SELL GN/LSRATE

NET SECTY GN/LS

F U N D * * *

EQUITY GMO CORE FUND 539 73.529.412

361883937

SR41 850,000.00

1.117 .621 .19

-267

30JUN03 .621.19

30JUN03

29.957.500.00

39.237 .142

.58

27FEB04 -9.279 .642.58

27FEB04

577 2.212.518.464

27FEB04

27FEB04

578 1.403.249.631

19.000.000.00

23.886 .492

.83

-4.886

,175

.04

579

1.042.500.00

1.107

1.000000 .00 1.000000

.00

1.000000

.00

27FEB04

-64 .675.04

27FEB04

1.000000

.00

-267

.621 .19

-9.279 .642 .58 -4.886 .492

.83

-64 .675

.04

76.994.092 361883937

TOTAL

362007601

GMO TR

50.850.000.00

562

297.600.00

564

1.088.000.00

25,893.523

81.579.686 CXL 564 -81.579.686

-1.088.000.00

565

400.000.00

65.348 .431 .64 EMERGING MKTS FD CL III 280 .250 .02

-400.000.00

569

401.600.00

28AUG03

1.000000

07NOV03

07NOV03

1.000000

07NOV03 .966.59

07NOV03

1.000000

07NOV03

07NOV03

.41

.033

.41

319 .858

.49

80 .141.51

.49

-80 .141.51

319 .858 .49

81 .741.51

49

-81 .741.51

-866

-319

.858

221 .966.59 -221

-14.498 .431 .64 L

2BAUG03

17 .349.98

866 .033

29.992.532 CXL 565 -29.992 532

-14,498 .431.64 L

.00 .00

.00

1.000000

.00

07NOV03

07NOV03

1.000000

07NOV03

07NOV03

1.000000

.00

.00

17 .349 .98

221 .966 .59 -221

.966 .59

80 .141

.51

-80 .141

.51

81 .741

.51

-81 .741

.51

29.992 532 CXL

OOA6 USD

569

-401.600.00

-319

.858

07NOV03

07NOV03

1.000000

.00

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT PRINCIPAL NET SHARES/PAR t

MAT DATE MAT RATE COST ***

ID

C O S T

TRD DT SECTY GN/LS F U N D

PAGE: 2 AS-OF DATE: 29FEB04

STL DT

SELL RATE CURR GN/LS

NET SECTY GN/LS

***

-29.992.532 1.092.352 00

866.033.41

07NOV03 226,318.59

07NOV03

570 81.579.686

-1.092.352.00

•866.033.41

07NOV03 -226,318.59

07NOV03

CXL 570 -81.579.686

1.088.000.00

866.033.41

07NOV03 221.966.59

07NOV03

571 81,579.686

400.000.00

319.858.49

07NOV03 80.141.51

07NOV03

572 29.992.532

1.785.600.00

1.466.141.92

319.458.08 L

GMO TR 584 68.259.386

REIT FD CL III 821.574.05

27FEB04 178.425.95

27FEB04

1.000.000.00

GMO TR 581 515.570.680

7.957.500.00

27FEB04 SMALL CAP VALUE FD CL III 1.319.603.90 6.637.896.10

CXL 581 -515.570.680

-7.957.500.00

-6.637.896.10

582 515.570.068

7.957.500.00

583 32.395.229

362007601 362007627

TOTAL

TOTAL

226,318.59

1.000000 .00

-226.318.59

1.000000 .00

221.966.59

1.000000 .00

80.141.51 319.458.08 L

1.000000 .00

178.425.95

27FEB04

1.000000 .00

1.319.603.90

27FEB04 -1.319.603.90

27FEB04

1.000000 .00

-1.319.603.90

27FEB04 1.319.612.18

27FEB04

6.637.887.82

1.000000 .00

1.319.612.18

500.000.00

27FEB04 61.151.85

27FEB04

438.848.15

1.000000 .00

61.151.85

8.457,500.00

7.076.735.97

1.380,764.03 L

362007726

362007726

1.000000 .00

1.380.764.03 L

STATEMENT 23

OOA6 USD

MONTHLY

GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

ASSET ID SECURITY DESCRIPTION PRINCIPAL NET SH SELL/BTC LOT SHARES/PAR

MAT DATE MAT RATE COST

* **

ID

COS T

GMO TR 2.500.000.00 580 269.396.552 36399V914 GMO MARKET NEUTRAL FUND 551 7.385.693.17 7.395.149.720

VALUE FD CL III 3 • 757 ,617.27

36399X993 GMO U S AGGRESSIVE 8.007.012.71 552 8.288.118.920 3639979X7

362007825

TRD DT SECTY 6N/LS F U N D *** 27FEB04 -1.257.617.27

STL DT SELL RATE CURR GN/LS

27FEB04

NET SECTY GN/LS

1.000000 .00

-1,257.617.27

1.000000 .00

-9.456.55

30JUN03 -9.456.55

30JUN03

LONG SHORT 6.266.118.92

30JUN03 -281,106.21

30JUN03

1.000000 .00

-281.106.21

GMO INTL SMALL CO 560 199.813.88 15.114.514

MUTUAL FUND 168.406.41

28AUG03 11.407.47

26AUG03

1.000000 .00

11.407.47

-199.613.88

-188.406.41

2BAUG03 -11,407.47

28AUG03

CXL 560 -15.114.514

1.000000 .00

-11.407.47

196.800.00

188.406.41

26AUG03 10.393.59

26AUG03

561 15.114.514

1.000000 .00

10.393.59

198.800.00

188.406.41

10.393.59 L

10.393.59 L

USD TOTAL

80.164.605.66

94.342.175.90

-14.157.570.02 L

-14.157.570.02 L

EQUITY TOTAL

80.164.605.86

94.342.175.90

-14.157.570.02 L

-14.157.570.02 L

3639979X7

OOA6 USD

TOTAL

ONSHORE LIMITED PARTNERSHIP 7.395.149.72

AS-OF DATE: 29FEB04

PAGE: 4 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

ASSET ID SECURITY DESCRIPTION SH SELL/BTC LOT PRINCIPAL NET SHARES/PAR

MAT DATE MAT RATE COST * * * ID C O S T

TRD DT SECTY GN/LS

STL DT

SELL RATE CURR GN/LS

12MAR03 347.404.56

12MAR03

1.000000 .00

347.404.58

F U N D

NET SECTY GN/LS

***

FIXED INCOME 36199D9B4

GMO E M E R G I N G COUNTRY FUND CL I 01/01/2039 0.010 538 1.596,000.00 1.248.595.42 165.459. 150 547 132.178. 650

132.178.65

10JUL03 -1.003.650.56

100UL03

1.135.829.21

1.000000 .00

-1.003.650.56

CXL 547 -132.176. 650

-1.135.829.21

10JUL03 1.003.650.56

10JUL03

-132.176.65

1.000000 .00

1.003.650.56

553 132.178. 650

1.480.400.68

10JUL03 344.571.67

10JUL03

1.135.829.21

1.000000 .00

344.571.67

CXL 553 -132.178. 650

-1.480.400.88

10JUL03 -344,571.67

10JUL03

-1,135.829.21

1.000000 .00

-344.571.67

555 132.178. 650

1.135.829.21

10JUL03 .00

10JUL03

1.135.829.21

1.000000 .00

.00

CXL 555 -132,178 650

-1.135.829.21

10JUL03 .00

10JUL03

-1.135.829.21

1.000000 .00

.00

556 132.178. 650

1.135.629.21

10JUL03 .00

10JUL03

1.135.829.21

1.000000 .00

.00

1,135.629.21

1.135.829.21

.00

1.596,000.00

1.248.595.42

36199D9B4

TOTAL

347.404.58 L

.00 347.404.58 L

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

OOA6 USD

ASSET ID SECURITY DESCRIPTION SH SELL/ETC LOT PRINCIPAL NET SHARES/PAR USD TOTAL

FIXED INCOME TOTAL

OOA6 USD

MAT DATE MAT RATE COST * * *

I D

TRD DT SECTY GN/LS

C O S T

1.135.829.21

1.135.829.21

1.596.000.00

1.248.595.42

1.135.829.21

1.135.829.21

1.596.000.00

1.248.595.42

F U N D

PAGE: 5 AS-OF DATE: 29FEB04

STL DT SELL RATE CURR GN/LS

.00

.00

347.404.58 L

347.404.58 L .00

.00

347.404.58 L

347.404.58 L

PAGE: 6 AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004

MONTHLY

SEC GAIN

FUND TOTAL GAINS

NET SECTY SN/LS

* * *

C U R R GAIN

TOTAL GAIN

GROSS GAINS EQUITY FIXED INCOME FUND TOTAL

1.889.041.65 L

.00 L

1.889.041.65 L

347.404.58 L

.00 L

347.404.58 L

2.236.446.23 L

.00 L

2.236.446.23 L

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY R[ ALIZED GAIN/LOSS REPORT MARCH 1. i 003 TO FEBRUARY 29. 2004

OOA6 USD

SEC LOSS

FUND TOTAL LOSSES

PAGE: 7 AS-OF DATE: 29FEB04

CURR LOSS

TOTAL LOSS

GROSS LOSSES

OOA6 USD

EQUITY

-16.046.611.67 L

.00 L

-16.046.611.67 L

FUND TOTAL

-16,046,611.67 L

.00 L

-16.046.611.67 L

MONTHLY

PAGE: B AS-OF DATE: 29FEB04

CONRAD N HILTON FOUNDATION GMVO CO LLC SUMMARY REALIZED GAIN/LOSS REPORT MARCH 1. 2003 TO FEBRUARY 29. 2004 SEC GN/LS

FUND GAINS/LOSSES

CURR GN/L

TOTAL GN/L

NET GAINS/LOSSES EQUITY FIXED INCOME FUND TOTAL

-14.157.570.02 L

.00 L

-14.157.570.02 L

347.404.58 L

.00 L

347.404.58 L

-13.610.165.44 L

.00 L

-13.810.165.44 L

CONRAD N. HILTON FOUNDATION EMPLOYER IDENTIFICATION NO. 94-3100217 A STATEMENT ATTACHED TO AND MADE PART OF FEDERAL RETURN OF PRIVATE FOUNDATION EXEMPT FROM INCOME TAX FOR THE FISCAL YEAR ENDED FEBRUARY 29. 2004 INFORMATION REGARDING EXPENDITURE RESPONSIBILITY GRANTS - PART VII - B. LINE 5C In accordance with IRS regulations section 53.4945-5(d), the following information is provided regarding the grants made or approved by the Conrad N. Hilton Foundation to organizations that are not exempt under sections 509(a)(l), (2) or (3) or section 4940(d)(2). The Foundation will exercise expenditure responsibility over these grants APPROVED OR PAID IN THE FISCAL YEAR ENDING FEBRUARY 29. 2004 GRANTEE:

ALTERNATIVAS Y PROCESCOS de PARTICIPACION SOCIAL A.C Calle Vicente Guerrero 601 Apartado P. 141 Tehuacan 75850 Puebla, Mexico

AMOUNT:

$200,000 paid on 04/08/03 $100,000 paid on 10/16/03

PURPOSE:

For Phase II of development of potable water sources (Water Forever Project) targeting some additional 100 villages in southern Mexico to improve the quality of life for approximately 100,000 impoverished people

DATE OF REPORTS BY GRANTEE:

The above payments are part of a multi-year grant commitment totaling $1,000,000 with a grant period which began January 1, 2002. Reports containing a narrative overview of the progress of the charity's program and a fiscal accounting (budget-to-actual) are due on a semiannual and annual basis. Audited financial statements are due annually. Reports covering the work period of January 01, 2003 through June 30, 2003 were due and received in September, 2003. Per such reports, $653,383 had been expended. This amount includes the first three installment payments totaling $600,000, which were paid in 2001 and 2002. Reports covering the work period of July 01, 2003 through December 31, 2003 were due March 1, 2004, and received on February 24, 2004. The budget to actual reports indicated that as of the end of such work period there was an unexpended $67,301 of grant monies remaining. However, the entity has until December 31, 2004 to fully expend the remaining amount. To the knowledge of the grantor, based on the reports furnished by the grantee and site visits made by Foundation staff members, no part of the grant has been used for other than its intended purpose.

STATEMENT 24

GRANTEE:

THE BEST FOUNDATION FOR A DRUG FREE TOMORROW 725 South Figueroa St., Suite 1825 Los Angeles, CA 90017

AMOUNT:

$850,000 paid on 03/31/03 $177,500 paid on 07/14/03 $177,500 paid on 10/02/03 $600,000 paid on 01/29/04

(a) (a) (a) (b)

(a) The above payments are part of a multi-year grant commitment of $13,635,500 with payments extending into October of 2003. This grant has been paid-in-full. PURPOSE:

For general operating expenses tied to the dissemination of Project ALERT (substance abuse prevention)

(b) The above payment is part of a multi-year grant commitment of $10,000,000 with payments extending into April of 2009. PURPOSE:

For general operating expenses tied to the dissemination of Project ALERT and ALERT Plus (substance abuse prevention)

DATE OF REPORTS BY GRANTEE: On an annual basis a narrative report on the progress of their program as well as a fiscal accounting of the use of the Foundation grant funds, a fiscal report on the entire operation (including a schedule of actual expenses versus budgeted items) a copy of their audited financial statements and a copy of their most recent Form 990PF are due no later than June 15. All the reports required on an annual basis were received by their due dates from the Best Foundation for their year ended December 31, 2003. Interim reports reflecting the number of participants and school districts represented and income and expense summaries (budgeted vs. actual) are required on a quarterly basis. The reports have been received at the end of each quarter. Internally prepared financial statements are required on a monthly basis. These monthly reports have been faithfully provided by the Best Foundation at the end of each month. The Best Foundation's year end is December 31. (a) They had until December 31, 2004 to expend the (3) grant payments indicated above totaling $1,205,000. (b) They have until December 31, 2005 to expend the $600,000 grant. Based upon the most recent report, dated January 15, 2004, from the Best Foundation for the period ended December 31, 2003, the total amounts expended were $13,635,500. This includes $1,205,000 from the above three grants paid in 2003. The financial statements demonstrate that grant monies have been fully expended within the required expenditure period. To the knowledge of the grantor, based on the reports furnished by the grantee, no part of the grants have been used for other than their intended purposes. GRANTEE:

CONRAD N. HILTON MEMORIAL PARK & COMMUNITY CENTER P.O. Box 350 Cisco, TX 76437

AMOUNT:

$400,000 paid on 10/01/01

STATEMENT 24 (CONTINUED)

PURPOSE:

To augment the Center's operating endowment

DATE OF REPORTS BY GRANTEE: Annually, by March 1, a report which provides an overview of the progress of the Center's program, including a narrative and fiscal report of the use of the income generated from the endowment fund is due. Also, an accounting of the endowment providing beginning and ending market values, net realized and unrealized gains and distributions towards their program, copies of their most recent financial statements and a copy of their IRS Form 990-PF for their calendar year ending December 31 are due, by March 1. The required reports were received on February 18, 2004 and were found to be satisfactory and demonstrated that the income generated from the endowment was expended. To the knowledge of the grantor, based on the reports furnished by the grantee, no part of the grant has been used for other than its intended purpose. GRANTEE:

THE GENERAL DOUGLAS MACARTHUR BRISBANE MEMORIAL TRUST GPO Box 1247 Brisbane, Queensland 4001, AUSTRALIA

AMOUNT:

$90,000 paid on 01/15/04

PURPOSE:

Toward restoration of General MacArthur's wartime office in Brisbane, Australia

DATE OF REPORTS BY GRANTEE: Prior to December 1, 2004, a narrative report progress of their program, a fiscal report on the use of the funds, and a copy of the organization's most recent audited financial statements are due. The entity has until June 30, 2005, to expend the $90,000. GRANTEE:

HEALTH & DEVELOPMENT INTERNATIONAL 130B Kinderkamack Road Montvale, NJ 07645

AMOUNT:

$100,000 paid on 01/15/04

The above payment is the third and final installment of three equal installments scheduled for a multi-year grant commitment totaling $300,000. PURPOSE:

To support guinea worm and lymphatic filariasis eradication activities in Africa

DATES OF REPORTS BY GRANTEE: On an annual basis, a report is due on January 01. The required report is to include a narrative consisting of a brief overview of the progress of the grantee's program, whether objectives have been realized and internal/external factors which contributed to or impeded the program's success. The reporting requirements also are to include a fiscal accounting of the use of the Foundation grant monies, a fiscal report on the project to include budget-to-actual amounts, their most recent audited financial statements and IRS Form 990-PF. The required reports which were received in December, 2003, demonstrated that the second installment payment of $100,000 paid in 2003 was fully STATEMENT 24 (CONTINUED)

expended within the required expenditure period ending June 30, 2004. To the knowledge of the grantor no part of the grant has been used for other than its intended purpose. The grantee's next report will be due by January 1, 2005. And they have until June 30, 2005 to expend the 3rd and final installment. GRANTEE:

LUFTFAHRT OHNE GRENZEN (AVIATION WITHOUT BORDERS) Grempstrasse 27 60487 Frankfurt, GERMANY

AMOUNT:

A grant in the amount of $200,000 was approved on February 10, 2004. No payments were made within FYE 2/29/04. Four equal installments are to be paid commencing in April, 2004, extending into March, 2007.

PURPOSE:

General operating support to provide charitable aviation-related services (i.e., delivery of medical and food aid for children in developing countries, free airplane rides for medical volunteers traveling to the developing world, escort service and transportation to Germany for children in need of medical treatment, and air cargo capacity for quick response to natural disaster areas)

GRANTEE:

WATERAID

Prince Consort House 27-29 Albert Embankment London SE1 7UB, UNITED KINGDOM AMOUNT:

$30,000 paid on 12/23/03

The above payment is the second installment of a multi-year grant commitment of $150,000 with payments extending into December, 2006. PURPOSE:

To support its urban water and sanitation initiative to provide services to residents of low-income settlements in Bamako, Mali, West Africa

DATE OF REPORTS BY GRANTEE: The reporting requirements are to include a narrative containing a brief overview of the progress of their program, a fiscal accounting (to include a budget-to-actual schedule) of the use of the Foundation's grant monies, and a copy of their most recent audited financial statements. The initial reports were due on December 1, 2003, and were received on November 17, 2003. These reports demonstrated that the initial payment of $30,000 made in 2002 was fully expended, which was within the required expenditure period of March 31, 2004. The grantee's next report will be due by December 1, 2004. And, they have until March 31, 2005 to expend the second installment. To the knowledge of the grantor no part of the grant has been used for other than its intended purpose. GRANTEE:

WATERAID

Prince Consort House 27-29 Albert Embankment STATEMENT 24 (CONTINUED)

London SE1 7UB, UNITED KINGDOM AMOUNT:

$30,000 paid on 12/23/03

The above payment is the first installment of a multi-year grant commitment of $150,000 with payments extending into December, 2007. PURPOSE:

To support its rural water and sanitation initiative to provide services to residents of lowincome settlements in Ghana, West Africa

DATE OF REPORTS BY GRANTEE: A narrative containing a brief overview of the progress of their program, a fiscal accounting (to include a budget-to-actual schedule) of the use of the Foundation's grant monies for their work period of October 1, 2003 through September 30, 2004, and a copy of their most recent audited financial statements are due by November 15, 2004. They have until March 31, 2005 to fully expend this initial installment of grant monies. To the knowledge of the grantor no part of the grant has been used for other than its intended purpose.

STATEMENT 24 (CONTINUED)

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CONRAD N. HILTON FOU1> RENO, NEVADA 89501

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ROBERT BUCKLEY, M.D. 100 WEST LIBERTY ST. SUITE 840 RENO,NV 89501

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NAME AND ADDRESS

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STATEMENT 25 (CONTINUED)

CONRAD N. HILTON FOUNDATION RENO, NEVADA 89501

94-3100217 FYE 2/29/04 Page (3)

FORM 990PF - PART VHI - LIST OF OFFICERS, DIRECTORS, AND TRUSTEES

NAME AND ADDRESS

TITLE

TIME DEVOTED TO POSITION

2

H M

2

n

n o H M O

EXPENSE ACCOUNT

ERIC M. HILTON 100 WEST LIBERTY ST. SUITE 840 RENO,NV 89501

DIRECTOR

3HRS/WK

29,500

NONE

NONE

WM. BARRON HILTON, JR. 10100 SANTA MONICA BLVD. SUITE 1000 LOS ANGELES, CA 90067

DIRECTOR

3HRSAVK

24,000

NONE

NONE

1.141.517

171.036

TOTAL COMPENSATION & CONTRIBUTIONS TO EMPLOYEE BENEFIT PLAN

C/3

COMPENSATION

CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS

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Seattle, WA Family Unrty International, Inc. Elm Grove, Wl Film Video Arts, Inc New York, NY The Footlighters, Inc Los Angeles, CA The Foss Institute Scottsdale, AZ

25,000

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Foundation Center

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Other

5,000

N/A

Public

Other

10,000

N/A

Public

Religion-Related Causes (Non-Sisters)

5,000

N/A

Public

Other

4,000

N/A

Public

Health

30,000

N/A

Public

Health

11,000

N/A

Public

Education

5,000

N/A

Public

Education

50,000

Other

90,000

New York, NY Foundation Consortium for California's Children & Youth Sacramento, CA Foundations and Donors Interested in Catholic Activities Washington, DC Friends of Animals Foundation Los Angeles, CA Fnends of Griffith University in the United States Indianapolis, IN Friends of Malibu Urgent Care Center Beverly Hills, CA Friends of Vista Hill Foundation San Diego, CA

H

The Fulfillment Fund

H

Los Angeles, CA

1 H

General MacArthur Brisbane Memorial Trust

N/A

Foreign Chanty (Expenditure Responsibility Grant)

Brisbane, Australia

o

;CONTIN

J~^

G n O

George K. Porter Middle School

N/A

Public

Education

1,000

N/A

Public

Other

5,000

Granada Hills, CA Global Fund for Children Washington, DC

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Global Health Council

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Health

5,000

N/A

Public

Other

20,000

N/A

Public

Other

1,000

N/A

Public

Education

10,000

N/A

Public

Sisters

34,000

N/A

Public

Religion-Related Causes (Non-Sisters)

50,000

N/A

Public

Education

20,000

N/A

Public

Education

50,000

N/A

Public

Other

1,000

N/A

Public

Other

1,000

Private Operating Foundation

Health

100,000

Washington, DC Global Hunger Project New York, NY Good Tidings Foundation Belmont, CA Grantmakers for Children, Youth & Families Washington, DC The Haitian Health Foundation Norwich, CT Hanna Boys Center Sonoma, CA

(/) H M 2 M

2 H u> o /—s

n 0

•2. H

5 c

M O

Happy Hairston Youth Foundation Los Angeles, CA Harlem Day Charter School New York, NY Harriet Buhai Center for Family Law Los Angeles, CA Heal the Bay Santa Monica, CA Health & Development International Cambridge, MA

N/A

(Expenditure Responsibility Grant)

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Helen Keller International

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Blindness Prevention/Treatment

N/A

Public

Other

5,000

N/A

Public

Education

2,000

N/A

Public

Other

10,000

N/A

Public

Health

5,000

N/A

Public

Other

10,000

N/A

Public

Education

25,000

N/A

Public

Sisters

60,000

N/A

Public

Education

85,000

N/A

Public

Other

N/A

Foreign Charity

Health

169,000

New York, NY Henry Street Settlement New York, NY Hollywood Schoolhouse, Inc. Los Angeles, CA Homeboy Industries Los Angeles, CA House Ear Institute Los Angeles, CA Houston Symphony Society Houston, TX Hugh O'Bnan Youth Leadership Los Angeles, CA V)

ATEMENT

Intercommunity Education Association

0

The International Justice Mission

St Louis, MO International Documentary Association Los Angeles, CA 200

(CONTINU

Washington, DC International Rehabilitation Council for Torture Victims Copenhagen, Denmark (Humanitarian Prize)

(Equivalency Status as Public Charity)

1,000,000

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee James J McBnde School

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Education

N/A

Public

Religion-Related Causes (Non-Sisters)

N/A

Public

Education

N/A

Public

Blindness Prevention/Treatment

28,600

N/A

Public

Education

10,000

N/A

Public

Homeless Mentally III

25.000

N/A

Public

Other

5,000

N/A

Public

Health

5,000

N/A

Public

Other

25,000

N/A

Public

Education

N/A

Public

Sisters

20,000

Los Angeles, CA Jewish Federation Council of Greater Los Angeles

300

Los Angeles, CA Jim Murray Memorial Foundation

5,000

Los Angeles, CA Johns Hopkins University Baltimore, MD Julia Morgan School for Girls Oakland, CA L.A. Family Housing North Hollywood, CA Lalmba Association C/3 >

M M H OJ

o ^%

n o

Arvada, CO Las Floristas, Inc. Los Angeles, CA Las Vegas Boys and Giris Club Foundation, Inc Las Vegas, NV Lebanese Ladies Cultural Society San Marino, CA Loretto Academy El Paso, TX

e M O

5,000 50,000

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Los Angeles Music and Art School

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Other

25,000

N/A

Public

Other

5,000

N/A

Public

Other

1,000

N/A

Public

Education

25,000

N/A

Public

Education

178,600

N/A

Public

Education

6,200

N/A

Public

Sisters

10,000

N/A

Public

Sisters

2,000

N/A

Public

Health

100,000

N/A

Public

Health

15,000

N/A

Public

Homeless Mentally III

Los Angeles, CA Los Angeles Orphans' Home Society Los Angeles, CA Los Angeles Police Memonal Foundation Los Angeles, CA Los Angeles World Affairs Council Los Angeles, CA Loyola Marymount University Los Angeles, CA Mar Vista School Enrichment Group Los Angeles, CA Mary and Joseph League C/5

2 H W

2 w 2

H

Los Angeles, CA Maryknoll Sisters Maryknoll, NY Memorial Medical Center Foundation Las Cruces, NM Memorial Sloan-Kettenng Cancer Center

n o z H

G M O

New York, NY Mental Health Association in Los Angeles County Los Angeles, CA

1,000

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Miles Jesu

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Other

N/A

Public

Education

N/A

Public

Multiple Sclerosis Res/Treatment

N/A

Public

Other

1,000

N/A

Public

Multiple Sclerosis Res./Treatmerrt

5,000

N/A

Public

Homeless Mentally III

1,000

N/A

Public

Blindness Prevention/Treatment

N/A

Public

Other

N/A

Public

Drug Abuse Prevention/Treatment

75,000

N/A

Public

Other

88,500

5,000

Chicago, IL Mount St. Mary's College Los Angeles, CA Multiple Sclerosis International Federation

51,500

Sisters 160,000

London, United Kingdom MusiCares Foundation, Inc Santa Monica, CA Nancy Davis Foundation for MS Los Angeles, CA The National Alliance to End Homelessness Washington, DC National Braille Press, Inc. C/3

FATEMENT 30 (COP H 3 M O

10,000

Boston, MA National Center for Family Philanthropy

5,000

Washington, DC National Center on Addiction and Substance Abuse at Columbia University New York, NY National Council of Juvenile and Family Court Judges Reno, NV

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee National Multiple Sclerosis Society, Southern CA Chapter

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Multiple Sclerosis Res./Treatment

275,000

N/A

Public

Other

1,000

N/A

Public

Other

1,000

N/A

Public

Other

100,000

N/A

Public

Other

10,000

N/A

Public

Education

20,000

N/A

Public

Health

N/A

Public

Drug Abuse Prevention/Treatment

5,000

N/A

Public

Religion-Related Causes (Non-Sisters)

2,000

N/A

Public

Other

Los Angeles, CA The National Organization for Women Foundation, Inc. Washington, DC Nevada Humane Society, Inc. Sparks, NV Nevada Museum of Art Reno, NV New York Foundation For The Arts New York, NY Notre Dame High School San Jose, CA Operation Smile, Inc

STATEMENT 30 i

Orange County Bar Foundation Irvine, CA Our Lady of Las Vegas Catholic Church Las Vegas, NV Pacific Institute for Studies in Development, Environment

*~^

n o

H 2 G M O

150,000

Norfolk, VA

and Security Oakland, CA

10,000

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Pasadena City College Foundation, Inc

Substantial

Foundation Status

Contributor

of Receipt

N/A

Public

N/A

Public

Purpose of Grant or Contribution

Amount

Education

12,000

Education, Other

50,000

Pasadena, CA Pepperdine University Malibu, CA Perkins School for the Blind

Homeless Mentally III N/A

Public

Blindness Prevention/Treatment

N/A

Public

Other

3,500

N/A

Public

Other

5,000

N/A

Public

Education

1,000

N/A

Public

Other

5,000

N/A

Public

Education

2,000

N/A

Public

Other

10,000

N/A

Public

Education

20,000

2,864,000

Watertown, MA

Pet Orphans Fund Santa Monica, CA Philanthropy Roundtable Washington, DC Point Dume Manne Science Elementary School Malibu, CA

STATEMENT 30

O

O

H

3 M O

Policy Research, Inc. Delmar, NY Polytechnic Preparatory Country Day School Brooklyn, NY Potomac Community Resources, Inc Potomac, MD Presentation High School San Jose, CA

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Pro Labore Dei, Inc

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Other

10,000

N/A

Public

Blindness Prevention/Treatment

83,000

N/A

Public

Education

5,000

N/A

Public

Health

1 ,000

N/A

Public

Other

10,100

N/A

Public

Other

5,000

N/A

Public

Other

1 ,000

N/A

Public

Education

15,000

N/A

Public

Education

25,000

N/A

Public

Health

15,000

Las Vegas, NV Project Orbis International, Inc New York, NY Rain for the Sahel and Sahara, Inc. Newmarket, NH Regents of the University of California Los Angeles, CA Restore, A Renewal Center for Women, Inc Los Angeles, CA River Fund New York Richmond Hill, NY

I/)

Rockefeller Family Fund

^ w

Roman Catholic Bishop of Las Vegas

New York, NY Las Vegas, NV

w H o

The Ronald Reagan Presidential Foundation Simi Valley, CA Rotary District 51 70 Foundation

§ | W

o

San Jose, CA

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee The Rotary Foundation of Rotary International

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Health

10,000

N/A

Public

Education

70,000

N/A

Public

Education

100,000

N/A

Public

Other

30,000

N/A

Public

Health

5,000

N/A

Public

Other

1,000

N/A

Public

Other

1,500

N/A

Public

Education

5,000

N/A

Public

Sisters

2,000

N/A

Public

Sisters

25,000

N/A

Public

Sisters

2,000

Evanston, IL Rx for Reading Los Angeles, CA San Diego Aerospace Museum San Diego, CA San Diego Children's Hospital Foundation San Diego, CA San Francisco Free Clinic San Francisco, CA Santa Clarita Master Chorale, Inc Santa Clarita, CA C/5

>

w

2 w •2

w

0

n

0 2

z G w o

Santa Clarita Valley Family YMCA Valencia, CA The Shark Fund Malibu, CA Sisters of the Presentation of the Blessed Virgin Mary Aberdeen, ND Sisters Servants of Mary, Ministers of the Sick Los Angeles, CA Sisters, Servants of the Immaculate Heart of Mary

^^

Immaculata, PA

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee Sky Tavern Junior Ski Program

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

N/A

Public

Other

N/A

Public

Education

N/A

Public

Early Childhood Development

N/A

Public

Other

3,000

N/A

Public

Health

5,000

N/A

Public

Other

6,300

N/A

Public

Other

200

N/A

Public

Religion-Related Causes (Non-Sisters)

N/A

Public

Education

5,000

N/A

Public

Religion-Related Causes (Non-Sisters)

4,150

N/A

Public

Other

200

Reno, NV Smithsonian Institution

400,000

Washington, DC Sonoma State University

1,450,000

(California Institute on Human Services) Rohnert Park, CA SOS Children's Villages-USA, Inc. Washington, DC Southampton Hospital Association Southampton, NY Southern California Association for Philanthropy Los Angeles, CA Southern California Public Radio Cfl

H

Pasadena, CA

H M

St. Ambrose Church

M

St. Bernard's School, Inc. New York, NY

o

St. Joan of Arc Church

[CONTINUED;

3 t*»

10,000

West Hollywood, CA

Los Angeles, CA St. Joseph Center Venice, CA

27,170

CONRAD N. HILTON FOUNDATION FORM 990, PART XV FEBRUARY 29, 2004 94-3100217 SCHEDULE OF GRANTS AND CONTRIBUTIONS PAID DURING THE YEAR If Recipient is an Individual, show any relationship to any Foundation Manager or Grantee St. Jude Children's Research Hospital

Substantial

Foundation Status

Contributor

of Receipt

Purpose of Grant or Contribution

Amount

400

N/A

Public

Health

N/A

Public

Education

N/A

Public

Health

2,500

N/A

Public

Other

25,000

N/A

Public

Other

600

N/A

Public

Religion-Related Causes (Non-Sisters)

5,000

N/A

Public

Other

1,000

N/A

Public

Other

5,000

N/A

Public

Religion-Related Causes (Non-Sisters)

N/A

Public

Blindness Prevention/Treatment

254,000

N/A

Public

Religion-Related Causes (Non-Sisters)

100,000

Memphis, TN St. Justin Education Fund for Los Angeles

10,000

Los Angeles, CA Starbnght Foundation Los Angeles, CA Stone Soup Child Care Programs Encino, CA Streetlights Production Assistant Program, Inc. Hollywood, CA Support Our Aging Religious, Inc Silver Spring, MD Surfrider Foundation San Clemente, CA

STATEMENT

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Synergos Institute, Inc. New York, NY Temple Beth Emet

500

Burbank, CA TLC Foundation for the Blind Reseda, CA Thomas Aquinas College Santa Paula, CA

1

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