There are two mathematical relativity frameworks generalizing the black hole theory: the theory of isolated horizons (IH) and the theory of near horizon geometries (NHG). We outline here and discuss the derivation of the NHG from the theory of IH by composing spacetimes from IH. The simplest but still quite general class of solutions to Einstein's equations of this type defines spacetimes foliated by Killing horizons emar nating from extremal horizons. That derivation, clearly being a link between the two frameworks, seems to be unknown to the NHG researchers and is hardly acknowledged in reviews on the IH. This lecture was a contribution to the Mathematical Structures session of the 2nd LeCosPA International Symposium "Everything about Gravity" celebrating the centenary of Einstein's General Relativity on December 14-18, 2015 in Taipei.
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