Earl C Hughes Scholarship Fund

Foundation · Grantmaker DALLAS, TX EIN: 04-6028081

Earl C Hughes Scholarship Fund is a private foundation, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $91K in total assets. In 2024, it awarded 1 grants totaling $4K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$91K

+3.2% YoY

Annual Giving

$4K

+13.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$4K

+13.6% YoY

Under IRS private-foundation payout rules, Earl C Hughes Scholarship Fund reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Earl C Hughes Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $20K (100%)

States

Massachusetts

Cities

Worcester

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$91,197	$88,385	$91,153
Revenue	$9,500	$3,245	$-2,565
Expenses	$6,592	$5,978	$8,415
Qualifying Distributions	$4,869	$4,369	$6,050
Net Investment Income	$7,711	$1,072	$214
Distributable Amount	$5,164	$4,823	$4,931

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Worcester Polytechnic Institute ($3,797).

Recipient	Purpose	Amount
WORCESTER POLYTECHNIC INSTITUTE WORCESTER, MA	UNRESTRICTED GENERAL	$3,797

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$1,341

Frequently Asked Questions

How large is Earl C Hughes Scholarship Fund?

As of 2024, Earl C Hughes Scholarship Fund holds $91K in total assets with $10K in annual revenue. It awarded 1 grants totaling $4K in 2024.

Where does Earl C Hughes Scholarship Fund operate?

Earl C Hughes Scholarship Fund has awarded grants in Massachusetts.

What size grants does Earl C Hughes Scholarship Fund award?

In 2024, Earl C Hughes Scholarship Fund awarded 1 grants totaling $4K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Earl C Hughes Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Earl C Hughes Scholarship Fund reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Earl C Hughes Scholarship Fund's EIN?

Earl C Hughes Scholarship Fund's EIN (Employer Identification Number) is 04-6028081. IRS Form 990 filing data is available on this page for 2020–2024.