Hi Foundation Inc
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.
Key facts about Hi Foundation Inc
- EIN
- 65-0848161
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,062,000
- Grants made (2024)
- 86
- Average grant
- $12,349
- Median grant
- $10,000
- Total assets
- $15,346,559
- Primary geography
- Florida (73% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026.
Who Hi Foundation Inc funds
By grant dollars, the top recipient states for Hi Foundation Inc's 86 itemized 2024 grants were Florida (73%). The most frequent recipient cities were Fort Lauderdale, FL (22 grants), Brevard, NC (7 grants), Miami, FL (4 grants) and Hollywood, FL (4 grants). None of its 86 grants with a stated purpose were described as general or operating support.
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
Ready to take the next step with Hi Foundation Inc?
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
388 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Pine Crest Prepatory School Inc ($60,000), Funding Arts Broward ($50,000), American Cancer Society ($40,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PINE CREST PREPATORY SCHOOL INC FORT LAUDERDALE, FL | TO OFFER A CHALLENGING ACADEMIC EXPERIENCE COMPLEMENTED BY EXCELLENCE IN THE ARTS AND ATHLETICS. | $60,000 |
| FUNDING ARTS BROWARD FORT LAUDERDALE, FL | TO PRESERVE AND CULTIVATE THE ARTS IN BROWARD COUNTY. | $50,000 |
| AMERICAN CANCER SOCIETY TAMPA, FL | FOR CANCER RESEARCH, EDUCATION, ADVOCACY, AND SERVICE. | $40,000 |
| MOFFITT CANCER CENTER FOUNDATION TAMPA, FL | TO PREVENT AND CURE CANCER, CARE FOR PATIENTS, AND PROVIDE EDUCATION AND CONDUCT CANCER RESEARCH. | $40,000 |
| 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 |
| BROWARD PUBLIC LIBRARY FOUNDATION FORT LAUDERDALE, FL | TO PROVIDE EDUCATIONAL RESOURCES. | $30,000 |
| FEEDING AMERICA CHICAGO, IL | TO HELP PROVIDE SUPPORT FOR PROGRAMS THAT IMPROVE FOOD SECURITY AMONG THE PEOPLE WE SERVE; EDUCATES THE PUBLIC ABOUT THE PROBLEM OF HUNGER; AND ADVOCATES FOR LEGISLATION THAT PROTECTS PEOPLE FROM GOING HUNGRY. | $30,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | TO FIND CURES AND SAVE CHILDREN WITH PEDIATRIC CANCER AND OTHER DISEASES. | $30,000 |
| BROWARD PERFORMING ARTS FOUNDATION FORT LAUDERDALE, FL | TO PROVIDE SUPPORT TO THE BROWARD CENTER FOR PERFORMING ARTS. | $25,000 |
| COMMUNITY FOUNDATION OF BROWARD FORT LAUDERDALE, FL | TO PROVIDE LEADERSHIP ON COMMUNITY SOLUTIONS AND FOSTER PHILANTHROPY. | $25,000 |
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.
Explore Open Grants
Browse active grant opportunities in Hi Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$485.8M
Grants
14,494
Total Given
$556.0M
Ge Aerospace Foundation
NORWALK, CT
Assets
$22.5M
Grants
2,467
Total Given
$15.3M
Community Foundation of Broward Inc
FORT LAUDERDALE, FL
Assets
$284.8M
Grants
262
Total Given
$17.4M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Ayco Charitable Foundation
COHOES, NY
Assets
$1.2B
Grants
4,719
Total Given
$287.7M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Florida
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.