Hughey Foundation Inc
- Assets
- $2.4m
- Revenue
- $69.4k
- Investments
- $1.8m
- Employees
- 0
- Location
- Tampa, FL
- Founding
- 02/1962
- Data as of
- 06/2022
- EIN
- 59-0965239
Organization Overview
Hughey Foundation Inc is located in Tampa, FL. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Hughey 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 06/2022, Hughey Foundation Inc generated $69.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $201.6k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Hughey Foundation Inc has awarded 34 individual grants totaling $400,421. 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 |
|---|---|---|---|
J Kelly Treas Dir | 1 | $0 | |
S Carter Pres Sec Dir | 2 | $0 | |
C Thatcher V P Dir | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $26 |
| Dividends & Interest | $69,396 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $111,687 |
| Net ST Capital Gain | $505 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $69,422 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,107 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20,610 |
| Total operating and administrative expenses | $24,717 |
| Contributions, gifts, grants paid | $176,888 |
| Total expenses and disbursements | $201,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,401 |
| Savings and temporary cash investments | $101,150 |
| 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 | $464,347 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,300 |
| Total assets | $2,386,438 |
| 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, Hughey Foundation Inc has awarded $176,888 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL BIBLE CHAPEL PURPOSE: CHURCH MISSIONSCHURCH OPERATIONS | $160,888 |
MULLER ELEMENTARY PURPOSE: PUBLICSCHOOL | $2,000 |
PRISON FELLOWSHIP PURPOSE: FAMILY ASSISTANCEFOR PRISONERS | $1,000 |
ST JOSEPH HOSPITAL FOUNDATION PURPOSE: PROVIDES HEALTHCARE TO INDIGENT | $5,000 |
SAMARITAN'S PURSE PURPOSE: DISASTER RELIEF | $3,000 |
TAMPA GENERAL HOSPITAL FOUNDATION PURPOSE: PROVIDES HEALTHCARE TO INDIGENT | $5,000 |