Hegi Family Foundation

DALLAS, TX EIN: 75-2217565

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

Under IRS private-foundation payout rules, Hegi Family Foundation reported a distributable amount of $185K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

11states
+3 more states

Cities

AtlantaAustinBostonBozemanBrentwoodCarrolltonChicagoDalalsDallasDillonGainsvilleHoustonHyannisLubbockOrlandoPlanoRichardsonRochesterStandfordTahoka

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$152K$304K$456K$608K20202021202220232024
Metric202420232022
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

$0$136K$272K$408K$545K41 grants202048 grants202139 grants202229 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CRYSTAL CHARITY BALL$40KINTERFAITH FAMILY SERVICES$30KHIGHLAND PARK CHEERLEADI…$27KACT JUSTICE$25KSOUTHERN METHODIST UNIVE…$18KTHE SENIOR SOURCE$18KHIGHLAND PARK SPORTS CLUB$15KKERSHAW'S CHALLENGE$15KLA FIESTADE LAS SEIS BAN…$12KGOODWILL INDUSTRIES OF D…$10K

Grant Size Distribution

188 grants across all recorded years

181<$50K6$50–100K$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Crystal Charity Ball ($40,000), Interfaith Family Services ($30,000), Highland Park Cheerleading Booster Club ($27,000).

RecipientPurposeAmount
ACT JUSTICE DALLAS, TXNEIGHBORHOOD SAFETY PROGRAMS, BRINGING PEACE TO AREAS TORMENTED BY CRIME$25,000
AT&T PERFORMING ARTS CENTER DALALS, TXART PROGRAMS, COMMUNITY PROGRAMS, LIVE PRODUCTIONS, SUPPORT FOR ARTISTS AND ARTISTIC ORGANIZATIONS$2,400
AUSTIN STREET CENTER DALLAS, TXPROVIDE SAFE SHELTER AND MEET THE BASIC NEEDS OF THE MOST VULNERABLE HOMELESS$2,500
BAYLOR SCOTT & WHITE FOUNDATION DALLAS, TXINNOVATIVE RESEARCH TO BETTER CARE FOR WOMEN FACING AGGRESSIVE MEDICAL ISSUES$5,000
CAFE MOMENTUM DALLAS, TXSCHOLARSHIP FUND$1,500
CAMP SWEENEY GAINSVILLE, TXPROGRAMS FOR CHILDREN WITH DIABETES$2,000
CRYSTAL CHARITY BALL DALLAS, TXPROGRAMS BENEFITING CHILDREN AND CHILDREN'S CHARITIES$40,000
DALLAS ARBORETUM DALLAS, TXENRICHING AND PRESERVING THE BEAUTY OF THE COMMUNITY$4,000
DALLAS HOLOCAUST AND HUMAN RIGHTS MUSEUM DALLAS, TXTEACHING THE HISTORY OF THE HOLOCAUST AND ADVANCING HUMAN RIGHTS TO COMBAT PREJUDICE, HATRED, AND INDIFFERENCE.$5,000
DALLAS MUSEUM OF ART DALLAS, TXEXHIBITS AND COMMUNITY PROGRAMS$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FREDERICK B HEGI JRPRESIDENT5
MARGIE A HEGIVICE PRESIDENT5
LOUISE BACKASECR/TREAS5

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 News

Frequently Asked Questions

What does Hegi Family Foundation fund?

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

How do I apply for a grant from Hegi Family Foundation?

**Grant Activity & Amounts:** • Annual giving: $232,000–$258,000 (recent years) • Number of grants: 18–39 grants annually • Median grant size: $2,000–$5,000 • Grant range: $250–$70,000 • Average grant: $8,000 **Recent Grants (2023):** • Crystal Charity Ball: $50,000 (Programs Benefiting Children and Children's Charities) • The Senior Source: $25,000 (Programs for the Elderly) • Interfaith Family Services: $13,250 (Services and Programs for the Homeless) **Application Process:** The foundation a…

Where does Hegi Family Foundation make 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.

What size grants does Hegi Family Foundation award?

In 2024, Hegi Family Foundation awarded 31 grants totaling $272K — an average of about $9K per grant, based on its IRS Form 990 filings.

How much is Hegi Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hegi Family Foundation reported a distributable amount of $185K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hegi Family Foundation's EIN?

Hegi Family Foundation's EIN (Employer Identification Number) is 75-2217565. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Hegi Family Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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