Hough Family Fdn-Pimco is a private foundation established in 2007, based in Pennington, New Jersey. The foundation operates as a grantmaking organization with a volunteer leadership team and no paid staff.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-18.4% YoY
Annual Giving
$1.3M
+49.7% YoY
Grant Count
13
+18.2% YoY
Avg Grant Size
$96K
+26.7% YoY
Under IRS private-foundation payout rules, Hough Family Fdn-pimco reported a distributable amount of $247K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not specify particular subject areas of focus in available materials. It provides unrestricted general grants to a diverse range of charitable organizations across multiple sectors and geographic regions.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
$50,000
Average Grant
$321,000
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Geographic Focus
Where this funder awards grants
The foundation has funded projects across multiple U.S. states and cities, including:
- States: Arizona, California, Florida, Illinois, Maryland, New York, Ohio, and Texas
- Cities: Ashland, Baltimore, Camp Pendleton, Chicago, Fort Myers, Glen Ellyn, Irving, Naples, New Paltz, Phoenix, and Venice
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $3.9 million
- Total Revenues: $422,396
- Total Expenses: $1,304,155
- Investment Income and Dividends: $188,099
- Net Gain from Sale of Non-Inventory Assets: $228,183
- Giving Rate: 31.9% of assets
As of December 2023:
- Total Assets: $4.8 million
- Total Revenues: $283,000
- Total Expenses: $886,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,914,883 | $4,796,527 | $5,398,707 |
| Revenue | $422,396 | $282,857 | $291,078 |
| Expenses | $1,304,155 | $885,553 | $835,862 |
| Qualifying Distributions | $1,269,073 | $854,470 | $787,939 |
| Net Investment Income | $384,889 | $253,227 | $253,058 |
| Distributable Amount | $247,052 | $267,302 | $301,552 |
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
59 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cardinal's Scholarship Fund ($400,000), Injured Marine Semper Fi Fund ($150,000), Bridge Communities Inc ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW HORIZONS OF SOUTHWESTERN FLORIDA NAPLES, FL | UNRESTRICTED GENERAL | $25,000 |
| CATHOLIC RELIEF SERVICES BALTIMORE, MD | UNRESTRICTED GENERAL | $25,000 |
| CHILD FIND OF AMERICA INC NEW PALTZ, NY | UNRESTRICTED GENERAL | $100,000 |
| INJURED MARINE SEMPER FI FUND CAMP PENDLETON, CA | UNRESTRICTED GENERAL | $150,000 |
| ASHLAND UNIVERSITY - ASHBROOK CENTER ASHLAND, OH | UNRESTRICTED GENERAL | $35,000 |
| CARDINAL'S SCHOLARSHIP FUND CHICAGO, IL | UNRESTRICTED GENERAL | $400,000 |
| BRIDGE COMMUNITIES INC GLEN ELLYN, IL | UNRESTRICTED GENERAL | $150,000 |
| MERCURY ONE INC - THE NAZARENE FUND IRVING, TX | UNRESTRICTED GENERAL | $25,000 |
| CATHOLIC COMMUNITY FDN OF SOUTHWEST FL VENICE, FL | UNRESTRICTED GENERAL | $75,000 |
| PATHWAYS EARLY EDUCATION CTR IMMOKALE NAPLES, FL | UNRESTRICTED GENERAL | $150,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- William R. Hough – President (volunteer, no compensation)
- Patricia McHenry – Treasurer (volunteer, no compensation)
- Joseph Hough – Secretary (volunteer, no compensation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM R HOUGH | PRESIDENT | 5 | — |
| PATRICIA MCHENRY | TREASURER | 5 | — |
| JOSEPH HOUGH | SECRETARY | 5 | — |
Recent News & Activity
Recent developments and announcements
The foundation continues active grantmaking, with 2024 grants distributed to organizations serving diverse populations including early childhood education, military support, and community development initiatives.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hough Family Fdn-pimco fund?
The foundation does not specify particular subject areas of focus in available materials. It provides unrestricted general grants to a diverse range of charitable organizations across multiple sectors and geographic regions.
How do I apply for a grant from Hough Family Fdn-pimco?
**Grant Activity:** • Made 13 grants in 2024 totaling approximately $1.3 million in expenses • Median grant size: $50,000 • Grant range: $15,000 to $400,000 • Average grant size: $321,000 **Recent Grants (2024):** • Bridge Communities: $150,000 (Unrestricted General) • Semper Fi and America's Fund: $150,000 (Unrestricted General) • Pathways Early Education Center of Immokalee: $150,000 (Unrestricted General) **Application Policy:** The foundation does not accept unsolicited applications and ope…
Where does Hough Family Fdn-pimco make grants?
The foundation has funded projects across multiple U.S. states and cities, including: • **States:** Arizona, California, Florida, Illinois, Maryland, New York, Ohio, and Texas • **Cities:** Ashland, Baltimore, Camp Pendleton, Chicago, Fort Myers, Glen Ellyn, Irving, Naples, New Paltz, Phoenix, and Venice
What size grants does Hough Family Fdn-pimco award?
In 2024, Hough Family Fdn-pimco awarded 13 grants totaling $1.3M — an average of about $96K per grant, based on its IRS Form 990 filings.
How much is Hough Family Fdn-pimco required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hough Family Fdn-pimco reported a distributable amount of $247K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hough Family Fdn-pimco's EIN?
Hough Family Fdn-pimco's EIN (Employer Identification Number) is 26-0176778. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hough Family Fdn-pimco'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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