Hegi Family Foundation
The Hegi Family Foundation is a private foundation based in Dallas, Texas, established in 1988. The foundation operates as a non-operating foundation with a focus on community-based grantmaking across multiple issue areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.4M
+6.6% YoY
Annual Giving
$272K
+5.6% YoY
Grant Count
31
+6.9% YoY
Avg Grant Size
$9K
-1.2% YoY
Mission & Focus Areas
The foundation's primary funding priorities include:
- Community outreach and support
- Youth programs and daycare
- Youth and community programs
- Support for patients and families affected by breast cancer
- Human services and poverty alleviation
- Civil rights initiatives
- Faith-based organizations
Grantmaking
The foundation accepts applications via written request that includes how funds will be used.
Grant Range
$2,000–$5,000
Average Grant
$8,000
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Texas, with additional grantmaking in Illinois and Colorado. According to available records, grantmaking reaches organizations across 8 states, with Texas, Montana, and Massachusetts accounting for 92% of all grants.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $3,199,084
- Total revenue: $125,827
- Total expenses: $273,074
- Investment income and dividends: $107,147
- Giving rate: 7.2% of assets
Historical Trend:
- 2022: Assets of $3.3M with total giving of $255,000
- 2020: Total giving of $344,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,411,773 | $3,199,084 | $3,303,635 |
| Revenue | $487,373 | $125,827 | $123,723 |
| Expenses | $280,230 | $273,074 | $277,374 |
| Qualifying Distributions | $275,327 | $260,396 | $267,821 |
| Net Investment Income | $482,486 | $113,149 | $114,170 |
| Distributable Amount | $185,132 | $173,662 | $194,173 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
188 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FREDERICK B HEGI JR | PRESIDENT | 5 | — |
| MARGIE A HEGI | VICE PRESIDENT | 5 | — |
| LOUISE BACKA | SECR/TREAS | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported educational initiatives, including a gift to finance a private equity course at the University of Texas at Austin McCombs School of Business. The foundation has also made contributions to Southern Methodist University and supported the development of a gymnastics facility at Highland Park High School.
Hegi Family Gift Finances One-of-a-Kind Private Equity Course - McCombs NewsRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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