George S Hughes Charitable Tr

Foundation · Grantmaker Danville, VA EIN: 54-6316346

George S Hughes Charitable Tr is a private foundation, based in Danville, VA. IRS filing data is available for 2024. As of 2024, the organization holds $216K in total assets. In 2024, it awarded 1 grant totaling $22K. Net investment income was $8K.

Key facts about George S Hughes Charitable Tr

EIN: 54-6316346
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $21,725
Grants made (2024): 1
Average grant: $21,725
Median grant: $21,725
Total assets: $215,712
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How George S Hughes Charitable Tr gives

In 2024 it paid out 116% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$216K

Annual Giving

$22K

Grant Count

Avg Grant Size

$22K

Under IRS private-foundation payout rules, George S Hughes Charitable Tr reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.

About George S Hughes Charitable Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $22K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Virginia

Cities

Danville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024
Total Assets	$215,712
Revenue	$12,329
Expenses	$28,913
Qualifying Distributions	$24,673
Net Investment Income	$8,089
Distributable Amount	$21,353

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal year 2024

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

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Danville Life Saving and First Aid Crew Inc ($21,725).

Recipient	Purpose	Amount
DANVILLE LIFE SAVING AND FIRST AID CREW INC Danville, VA	GENERAL OPERATIONS OF DANVILLE LIFE SAVING AND FIRST AID CREW INC	$21,725

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Name	Title	Hours	Compensation
Atlantic Union Bank	Trustee	40	$5,649

Frequently Asked Questions

How large is George S Hughes Charitable Tr?

As of 2024, George S Hughes Charitable Tr holds $216K in total assets with $12K in annual revenue. It awarded 1 grant totaling $22K in 2024.

Where does George S Hughes Charitable Tr operate?

George S Hughes Charitable Tr has awarded grants in Virginia.

What size grants does George S Hughes Charitable Tr award?

In 2024, George S Hughes Charitable Tr awarded 1 grant totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is George S Hughes Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George S Hughes Charitable Tr reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.