Hugoton Foundation
The Hugoton Foundation is a private foundation based in New York, NY (located at 900 Park Ave Apt 17E, New York, NY 10075-0280). Established in 1983 and granted tax-exempt status in March 1983, the foundation operates as a 501(c)(3) organization with a staff of 2 employees. The foundation is a grantmaking organization that distributes funds to support education, health, and religious initiatives across multiple U.S. states.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$93.5M
+7.9% YoY
Annual Giving
$4.0M
+2.5% YoY
Grant Count
27
-28.9% YoY
Avg Grant Size
$147K
+44.3% YoY
Mission & Focus Areas
The Hugoton Foundation focuses its grantmaking on the following primary areas:
Education
- Higher education
- Graduate and professional education
- Medical and nursing education
Health
- In-patient medical care
- Hospital care
- Nursing care
Religion
- Christianity
- Catholicism
Human Services
- Family services and parenting support
The foundation supports initiatives that align with these core areas across various nonprofit organizations and institutions.
Grantmaking
The foundation made 41 grants in its most recent fiscal year (2024). Typical grant awards range from $1,000 to $3,000,000.
Grant Types
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Geographic Focus
Where this funder awards grants
The Hugoton Foundation primarily operates in the following states:
- New York
- Florida
- New Jersey
- Alabama
- Connecticut
- District of Columbia
- New Hampshire
The foundation has funded projects in cities including New York, Miami, and Washington, among others.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2024)
- Total assets: $93,527,531
- Total revenues: $2,425,321
- Total expenses: $4,606,764
Historical Assets
- 2024: $93,527,531
- Previous year: $86,714,565
The foundation maintains substantial assets relative to its annual giving, indicating a long-term commitment to grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $93,527,531 | $86,714,565 | $74,042,632 |
| Revenue | $2,425,321 | $3,704,229 | $1,624,322 |
| Expenses | $4,606,764 | $4,396,345 | $3,096,784 |
| Qualifying Distributions | $4,474,083 | $4,259,148 | $2,989,194 |
| Net Investment Income | $2,324,957 | $3,617,313 | $1,538,112 |
| Distributable Amount | $4,726,126 | $3,933,821 | $3,721,624 |
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
176 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Key Personnel
- Jean C. Stout: President, Treasurer, and Director
- Joan M. Stout: Vice President, Secretary, and Director
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN M STOUT | VP/SECRETARY/DIRECTOR | 35 | $206,000 |
| JEAN C STOUT | PRESIDENT/TREASURER/DIRECTOR | 35 | $283,200 |
| KATHLEEN A STOUT | DIRECTOR | 2 | $5,500 |
| LOLA ANTOGNINI | DIRECTOR | 2 | $5,500 |
Recent News & Activity
Recent developments and announcements
The Hugoton Foundation has supported several notable initiatives in recent years:
Hugoton Foundation Funds Virtual Apps**Nursing Education**: The foundation provided a significant grant to the MDC Benjamín León School of Nursing for innovation and curriculum development.
MDC Benjam\xEDn Le\xF3n School of Nursing Receives Significant Grant from\**Healthcare Innovation**: The foundation funded virtual applications development at the University of Miami School of Nursing and Health Studies.
MDC Benjam\xEDn Le\xF3n School of Nursing Receives Significant Grant from\**Medical Fellowships**: Recent grants have supported fellowship programs at Lenox Hill Hospital, including advanced medical equipment purchases for imaging and diagnostic capabilities.
**Parenting Support**: The foundation has supported the Parenting Resource Center in Manhattan through grants to Catholic Guardian Services, with grants of $25,000 awarded in both 2022 and 2023.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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