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William I. H. and Lula E. Pitts Foundation


Last Updated: 2016-07-12

At A Glance

William I. H. and Lula E. Pitts Foundation

P.O. Box 4655, MC 221

Atlanta, GA United States 30302-4655

Telephone: (404) 813-2021


Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2015-12-31)

Assets: $85,473,936

Total giving: $4,001,372



Additional Contact Information

Additional tel.: (404) 588-7347


Trust established in 1941 in GA - William Irby Hudson Pitts was a lifelong resident of Waverly Hall, Georgia. Born on a nearby plantation in 1862, Pitts attended local schools and then traveled to Atlanta to attend the Morris Business School. After working a year in Columbus, he returned to Waverly Hall to join his father's mercantile business. Eventually, Pitts turned the small general store, along with early investments in Coca-Cola stock and other business activities, into a multi-million dollar fortune. In 1888, Pitts married Lula Cook Ellison of Ellerslie, Georgia. The couple had three children: Bessie, who died in 1907, W.I.H. Pitts, Jr., and Margaret Adger Pitts. "Miss Margaret," as she was called, never married and lived most of her life in the house her father built for the family. He gave away more than $1 million to charitable causes before his death at age 102 in 1964. Upon establishing the William I.H. and Lula E. Pitts Foundation in 1941, Mr. Pitts named daughter Margaret to a post as a lifetime trustee

Purpose and Activities

Giving exclusively to organizations affiliated with the United Methodist Church; specific areas of interest include education, children's homes, charitable hospitals, and care of the elderly.

Fields of Interest

  • Education
  • Higher education
  • Human services
  • Presbyterianism
  • Senior services
  • Shelter and residential care
Population Groups
  • Academics
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Seniors

Financial Data

Year ended 2015-12-31

Assets: $85,473,936 (market value)

Expenditures: $4,235,327

Total giving: $4,001,372

Qualifying distributions: $4,120,105

Giving activities include:

$4,001,372 for 13 grants (high: $1,062,436; low: $500,000)