Hughes Texas Foundation
Hughes Texas Foundation is a private foundation, 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
Under IRS private-foundation payout rules, Hughes Texas Foundation reported a distributable amount of $196K for 2024 — the minimum it must pay out in qualifying distributions.
About Hughes Texas Foundation
Based on IRS filings
Hughes Texas Foundation is a private foundation, 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.
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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
Among its reported 2024 grants, the largest include Jesuit ($1,021,700), St Vincent De Paul ($80,000), Christ the King ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JESUIT DALLAS, TX | PHILANTHROPIC | $1,021,700 |
| CATHOLIC CHARITIES OF DALLAS DALLAS, TX | PHILANTHROPIC | $25,000 |
| CRISTO REY DALLAS COLLEGE PREP DALLAS, TX | PHILANTHROPIC | $25,000 |
| ST VINCENT DE PAUL DALLAS, TX | PHILANTHROPIC | $80,000 |
| CHRIST THE KING DALLAS, TX | PHILANTHROPIC | $70,000 |
| CAMP COURAGEOUS MONTICELLO, IA | PHILANTHROPIC | $500 |
| NOTRE DAME SCHOOL OF DALLAS DALLAS, TX | PHILANTHROPIC | $25,000 |
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 | — |
Frequently Asked Questions
How large is Hughes Texas Foundation?
As of 2024, Hughes Texas Foundation holds $4.7M in total assets with $1.2M in annual revenue. It awarded 7 grants totaling $1.2M in 2024.
Where does Hughes Texas Foundation operate?
Hughes Texas Foundation has awarded grants in California, Florida, Iowa, New Mexico, New York, Texas.
What size grants does Hughes Texas Foundation award?
In 2024, Hughes Texas Foundation awarded 7 grants totaling $1.2M — an average of about $178K per grant, based on its IRS Form 990 filings.
How much is Hughes Texas Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hughes Texas Foundation reported a distributable amount of $196K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hughes Texas Foundation's EIN?
Hughes Texas Foundation's EIN (Employer Identification Number) is 82-4937164. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hughes Texas Foundation's focus areas in our free grants database
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Data last updated May 2026. Sourced from IRS Form 990-PF filings.
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