John C Hughes Foundation Inc
- Assets
- $2.4m
- Revenue
- $188.7k
- Investments
- $2.2m
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 08/2008
- Data as of
- 12/2021
- EIN
- 26-1592584
Organization Overview
John C Hughes Foundation Inc is located in Anchorage, AK. The organization was established in 2008. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. John C Hughes Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, John C Hughes Foundation Inc generated $188.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.1% each year . All expenses for the organization totaled $138.4k during the year ending 12/2021. While expenses have increased by 25.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, John C Hughes Foundation Inc has awarded 86 individual grants totaling $488,144. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary K Hughes President | 0 | $0 | |
Bridget Hughes Walsh Vice Preside | 0 | $0 | |
Carol Hughes Eastaugh Secretary, T | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $25,347 |
| Dividends & Interest | $50,885 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,515 |
| Capital Gain Net Income | $112,515 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $188,747 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,595 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,095 |
| Total operating and administrative expenses | $17,536 |
| Contributions, gifts, grants paid | $120,848 |
| Total expenses and disbursements | $138,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,500 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,226,208 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,367,708 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, John C Hughes Foundation Inc has awarded $120,848 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Anchorage, AK PURPOSE: GENERAL PURPOSE | $25,000 |
CAMP FIRE ALASKA COUNCIL PURPOSE: GENERAL PURPOSE | $15,000 |
CATHOLIC CAMP & CONFERENCE PURPOSE: GENERAL PURPOSE | $10,000 |
Bethel, AK PURPOSE: GENERAL PURPOSE | $10,000 |
Anchorage, AK PURPOSE: GENERAL PURPOSE | $10,000 |
Anchorage, AK PURPOSE: GENERAL PURPOSE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bezos Family Foundation Seattle, WA | $130,746,152 | $60,417,966 |
Raikes Foundation Seattle, WA | $117,221,519 | $16,360,598 |
Aldarra Foundation Seattle, WA | $1,907,346 | $20,570,824 |
Gary E Milgard Family Foundation-Cari Tacoma, WA | $114,220,911 | $3,602,287 |
Samis Foundation Seattle, WA | $93,922,239 | $13,751,752 |
The Russell Family Foundation Gig Harbor, WA | $102,077,149 | $6,093,203 |
Gary E Milgard Family Foundation - Mark Tacoma, WA | $117,467,534 | $7,345,386 |
The Sarkowsky Family Charitable Foundation Seattle, WA | $565,957 | $3,012,734 |
David And Amy Fulton Foundation Seattle, WA | $63,197,245 | $1,065,965 |
Helen E Snedden Foundation Fairbanks, AK | $8,832,360 | $5,012,483 |
Sahsen Foundation Seattle, WA | $120,057,207 | $11,828,075 |
Vatheuer Family Foundation Inc Hobart, WA | $0 | $3,733,677 |