Hugin Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $17.4M in total assets. In 2023, it awarded 15 grants totaling $3.5M. Net investment income was $538K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$17.4M
-5.7% YoY
Annual Giving
$3.5M
+76.2% YoY
Grant Count
15
+1400.0% YoY
Avg Grant Size
$235K
-88.3% YoY
About Hugin Family Foundation Inc
Based on IRS filings
Hugin Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SUMMIT, NJ. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $17.4M in total assets. In 2023, it awarded 15 grants totaling $3.5M. Net investment income was $538K.
Focus Areas
Ready to take the next step with Hugin Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $17,371,200 | $18,414,656 | $19,063,901 |
| Revenue | $1,607,097 | $574,968 | $1,802,467 |
| Expenses | $3,653,918 | $2,182,712 | $664,150 |
| Qualifying Distributions | $3,523,967 | $2,000,224 | $614,000 |
| Net Investment Income | $538,444 | $574,818 | $492,673 |
| Distributable Amount | $941,975 | $1,142,616 | $1,119,681 |
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 2023
Grant Size Distribution
49 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 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ROBERT J HUGIN | PRESIDENT | — | — |
| KATHLEEN HUGIN | VICE PRESIDENT | — | — |
| HILARY HUGIN | TREASURER | — | — |
| ROBERT B HUGIN | TRUSTEES | — | — |
| JOHN HUGIN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Laborers Intl Union of 472 Hcl
NEWARK, NJ
Assets
$61.5M
Grants
1
Total Given
$179K
The Community Chest of Englewood
ENGLEWOOD, NJ
Assets
$491K
Grants
5
Total Given
$38K
Margaret a Darrin Charitable Trust
FLORHAM PARK, NJ
Assets
$111.3M
Grants
61
Total Given
$6.9M
Anplr Religious Education Inc
PASSAIC, NJ
Assets
$19K
Grants
0
Total Given
—
New Digital Trade Coalition Ndtc
NORTH BERGEN, NJ
Assets
$300
Grants
0
Total Given
—
Stephen J Machuta Scholarship Trust
PENNINGTON, NJ
Assets
$1.9M
Grants
1
Total Given
$70K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Hugin Family Foundation Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities