HI Foundation Inc is a private grantmaking foundation established in 1998 and based in Fort Lauderdale, Florida. The foundation operates as a 501(c)(3) organization designated for charitable, educational, and philanthropic purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$15.3M
-0.4% YoY
Annual Giving
$1.1M
+2.3% YoY
Grant Count
86
+10.3% YoY
Avg Grant Size
$12K
-7.2% YoY
Under IRS private-foundation payout rules, Hi Foundation Inc reported a distributable amount of $1.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purposes include providing disaster relief at home and abroad, CPR certification and first aid courses, and emergency preparedness.
Primary funding focus areas include:
- Education
- Arts and culture
- Human services
- Philanthropy and grantmaking
- Science
Grantmaking
Grant Range
$10,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Florida, North Carolina, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $15,346,559
- Total revenue: $1,111,265
- Total expenses: $1,153,968
- Total liabilities: $0
- Giving rate: 6.9% of assets
Historical Trends:
| Year | Assets | Total Giving | Number of Grants | Median Grant |
|---|---|---|---|---|
| 2024 | $15.3M | $1.1M | 86 | $10K |
| 2023 | $15.4M | $1.0M | 78 | $10K |
| 2022 | $16.2M | $1.2M | 76 | $5K |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $15,346,559 | $15,403,630 | $16,195,946 |
| Revenue | $1,111,265 | $334,108 | $317,046 |
| Expenses | $1,153,968 | $1,124,745 | $1,294,986 |
| Qualifying Distributions | $1,069,185 | $1,045,080 | $1,178,707 |
| Net Investment Income | $1,026,482 | $326,322 | $282,134 |
| Distributable Amount | $1,243,340 | $1,060,296 | $1,072,270 |
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
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Funding Arts Broward ($50,000), American Cancer Society ($40,000), Moffitt Cancer Center Foundation ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALS ASSOCIATION ARLINGTON, VA | FOR ALS RESEARCH, EDUCATION, ADVOCACY, AND SERVICE. | $10,000 |
| AMERICAN CANCER SOCIETY TAMPA, FL | FOR CANCER RESEARCH, EDUCATION, ADVOCACY, AND SERVICE. | $40,000 |
| AMERICAN HEART ASSOCIATION DALLAS, TX | TO BUILD HEALTHIER LIVES FREE OF CARDIOVASCULAR DISEASES AND STROKE. | $15,000 |
| AMERICAN MACULAR DEGENERATION FOUNDATION NORTHHAMPTON, MA | TO SUPPORT BASIC AND APPLIED RESEARCH AND PROVIDE EDUCATION FOR EYE DISEASES. | $10,000 |
| AMERICAN RED CROSS - PALM BEACH COUNTY WEST PALM BEACH, FL | TO PROVIDE DISASTER RELIEF AT HOME AND ABROAD, CPR CERTIFICATION AND FIRST AID COURSES, AND EMERGENCY PREPAREDNESS. | $32,000 |
| AMERICAN RED CROSS - SOUTH FLORIDA PLANTATION, FL | TO PROVIDE DISASTER RELIEF AT HOME AND ABROAD, CPR CERTIFICATION AND FIRST AID COURSES, AND EMERGENCY PREPAREDNESS. | $5,000 |
| ART AND CULTURE CENTER OF HOLLYWOOD HOLLYWOOD, FL | TO FOSTER A CREATIVE ENVIRONMENT WHERE NEW AND CHALLENGING WORK CAN FLOURISH. | $15,000 |
| BLANK PARK ZOO FOUNDATION DES MOINES, IA | TO ENHANCE QUALITY OF LIFE IN IOWA AS AN AFFORDABLE DESTINATION AND AS A CENTER FOR EDUCATION AND ENDANGERED SPECIES CONSERVATION. | $10,000 |
| BONNET HOUSE FORT LAUDERDALE, FL | TO PROVIDE SUPPORT TO THE HISTORICAL MUSEUM FOR PRESERVATIONS AND THE MAINTENANCE AND OPERATIONS. | $10,000 |
| BREVARD MUSIC CENTER INCORPORATED BREVARD, NC | TO PROVIDE SUPPORT TO YOUNG MUSICIANS TO PREPARE AND PERFORM GREAT MUSICAL WORKS AT A HIGH ARTISTIC LEVEL. | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD S INGHAM JR | DIRECTOR | 1 | — |
| TIMOTHY C INGHAM | DIRECTOR | 1 | — |
| ANNELLE I CARNEY | DIRECTOR | 1 | — |
| HILARY I HICKMAN | DIRECTOR | 1 | — |
| SHARON I HORAL | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hi Foundation Inc fund?
The foundation's primary purposes include providing disaster relief at home and abroad, CPR certification and first aid courses, and emergency preparedness. Primary funding focus areas include: • Education • Arts and culture • Human services • Philanthropy and grantmaking • Science
How do I apply for a grant from Hi Foundation Inc?
**Grant Activity (2024):** • Total giving: $1,062,000 • Number of grants: 86 • Median grant size: $10,000 • Grant range: $1,000–$60,000 **Recent Grant Examples (2024):** • Pine Crest School: $60,000 • Funding Arts Broward: $50,000 • H Lee Moffitt Cancer Center and Research Institute Foundation: $40,000 **Application Policy:** The foundation accepts applications.
Where does Hi Foundation Inc make grants?
The foundation primarily funds organizations in Florida, North Carolina, and Virginia.
What size grants does Hi Foundation Inc award?
In 2024, Hi Foundation Inc awarded 86 grants totaling $1.1M — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Hi Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hi Foundation Inc reported a distributable amount of $1.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hi Foundation Inc's EIN?
Hi Foundation Inc's EIN (Employer Identification Number) is 65-0848161. IRS Form 990 filing data is available on this page for 2020–2024.
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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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