Hughes Texas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 7 grants totaling $1.2M. Net investment income was $204K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.7M
-2.4% YoY
Annual Giving
$1.2M
+111.5% YoY
Grant Count
7
-41.7% YoY
Avg Grant Size
$178K
+262.6% YoY
About Hughes Texas Foundation
Based on IRS filings
Hughes Texas Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.7M in total assets. In 2024, it awarded 7 grants totaling $1.2M. Net investment income was $204K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,673,538 | $4,790,377 | $3,486,135 |
| Revenue | $1,159,419 | $1,921,466 | $1,444,335 |
| Expenses | $1,276,258 | $617,224 | $392,160 |
| Qualifying Distributions | $1,247,200 | $589,700 | $361,200 |
| Net Investment Income | $203,825 | $139,214 | $104,185 |
| Distributable Amount | $196,185 | $145,164 | $99,763 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
50 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 |
|---|---|---|---|
| JOSEPH V HUGHES JR | DIRECTOR | 5 | — |
| HOLLY OLDFIELD HUGHES | DIRECTOR | 5 | — |
| JOSEPH V HUGHES III | DIRECTOR | 5 | — |
| KATHRYN H POLLACK | DIRECTOR | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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