Public Charity

HILLSBORO FOUNDATION

HILLSBORO FOUNDATION is a Public Charity headquartered in EL DORADO, AR. Financial data from the 2025 filing: $285K revenue, $3.3M expenses, $6.2M total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $4.4M.

EIN: 934778155 EL DORADO, AR Fund Raising & Fund Distribution NTEE: N12 Latest filing: 2025
Total Revenue$285K
Total Expenses$3.3M
Total Assets$6.2M
Grants Given2
Grant Total$4.4M
Filing Years2023–2025

Mission

TO AID THE CITY OF EL DORADO AND SOUTH ARKANSAS COLLEGE BY PHILANTHROPIC GIFTS THAT SUPPORT THE CONSTRUCTION OF EVENT AND SPORTS VENUES AS WELL AS PROVIDING OPERATIONAL FUNDS TO SUPPORT SAME. THE GOAL IS TO IMPROVE THE COMMUNITY BY PROVIDING A MORE ROBUST CAMPUS LIFE AND EDUCATIONAL EXPERIENCE FOR THE STUDENTS OF SOUTH ARKANSAS COLLEGE.

Where $100 goes at Hillsboro Foundation

How Hillsboro Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To aid the city of El Dorado and south arkansas college by philanthropic gifts that support the construction of event and sports venues as well as providing operational…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

SOUTH ARKANSAS COLLEGE
EL DORADO, AR · 2025
BUILD FACILITIES
$3,286,626
SOUTH ARKANSAS COLLEGE
EL DORADO, AR · 2024
BUILD FACILITIES
$1,127,000

Showing up to 5 of 2 total records — full history available with membership.

Officers & Directors

VICE PRES/TR Claiborne P Deming
PRESIDENT Matthew J Shepherd
SECRETARY Steve Cousins

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$4,413,626 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $285K $3.3M $6.2M
2024 $7.9M $1.2M $9.2M
2023 $2.5M — $2.5M

Between 2023 and 2025, reported annual revenue declined from $2.5M to $285K (-89%), with total assets most recently reported at $6.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in AR.

AR

Full geographic grant map with state-by-state breakdown available with membership.

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