Hugs Inc
Hugs Inc is a private foundation based in New Orleans, Louisiana. Its 2024 filing reports grants to charitable organizations and payments to individuals, including qualified disaster payments and donations to people facing hardship.
Key facts about Hugs Inc
In short: Hugs Inc gave $58K across 18 grants in 2024 (avg $3K), top state Florida. 54% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 72-1128842
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $57,661
- Grants made (2024)
- 18
- Average grant
- $3,203
- Median grant
- $1,953
- New grantees (estimate)
- 54% first-time grantees (7 of 13, 2024; small sample)
- Total assets
- $117,819
- Primary geography
- Florida (43% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$118K
-0.8% YoY
Annual Giving
$58K
+203.5% YoY
Grant Count
18
+100.0% YoY
Avg Grant Size
$3K
+51.7% YoY
Under IRS private-foundation payout rules, Hugs Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.
Is Hugs Inc open to new grantees?
54%
first-time grantees, 2024
In 2024, 7 of 13 grantees (54%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $2K; repeat grants $3K. How we count
Medians: $3K first-time, $3K repeat.
- 46% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−13%). Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for Hugs Inc is provided. Its 2024 grants show support for charities serving people with intellectual or developmental disabilities, housing and community needs, cancer-related causes, and children, as well as disaster relief and individuals facing hardship.
STARC of Louisiana describes its mission as providing services, training, advocacy, resources, and community connections to help people with intellectual and/or developmental disabilities reach their potential. Habitat for Humanity of Greater Baton Rouge says it builds and renovates houses with the community and helps families purchase homes.
Grantmaking
In 2024, Hugs Inc made 18 grants totaling $57,661. Grant amounts ranged from $816 to $17,850, with a median of $1,953. Notable grants included $17,850 in qualified disaster payments for employees of Adams Reese impacted by a disaster; $5,314 to STARC of Louisiana; $4,122 to St. Michael’s School; $3,544 to the American Cancer Society; and $2,500 each to the Community Foundation of Sarasota County’s Suncoast Recovery Fund and Habitat for Humanity.
How to Apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
Ready to take the next step with Hugs Inc?
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in Florida (43%) and Louisiana (37%), followed by Alabama (9%), Texas (3%), and Tennessee (3%).
Grant Distribution by State
Share of 2024 grant dollars across all 18 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $19K (2023) to $94K (2020). In 2024 it made 18 grants totaling $58K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Employees of Adams Reese Impacted B ($22K across 4 grants). Together the top 10 received $48K.
Grant Size Distribution
83 grants across all recorded years
The most common grant size was under $50K: 83 grants of 83 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Employees of Adams Reese Impacted B Tampa, FL | Qualified Disaster Payments | $17,850 |
| Starc of Louisiana Inc Slidell, LA | General Purpose of the Charity | $5,314 |
| Other Charities 1000 Each Various, LA | General Purpose of the Charity | $5,111 |
| St Michael's School New Orleans, LA | General Purpose of the Charity | $4,122 |
| American Cancer Society Mobile, AL | General Purpose of the Charity | $3,544 |
| Metropolitan Ministries of Tampa Tampa, FL | General Purpose of the Charity | $2,778 |
| Community Foundation of Sarasota County's Suncoast Recovery Fund Sarasota, FL | Relief for Victims of Hurricane Helene | $2,500 |
| Habitat for Humanity New Orleans, LA | General Purpose of the Charity | $2,500 |
| Employees of Adams Reese Impacted B Houston, TX | Qualified Disaster Payments | $1,997 |
| Child Advocacy Center Mobile, AL | General Purpose of the Charity | $1,909 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $117,819 | $57,249 | $58,155 | $57,661 |
| 2023 | $118,725 | $58,647 | $23,369 | $19,000 |
| 2022 | $83,447 | $39,775 | $44,380 | $41,436 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $117,819 | $118,725 | $83,447 |
| Revenue | $57,249 | $58,647 | $39,775 |
| Expenses | $58,155 | $23,369 | $44,380 |
| Qualifying Distributions | $58,155 | $23,369 | $44,380 |
| Distributable Amount | $5,246 | $4,772 | $4,284 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mark C Surprenant as president and Linda Soileau as secretary-treasurer.
Hugs Inc is led by Mark C. Surprenant, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark C. Surprenant
President
On filings since 2020
No compensation reported
Linda Soileau
Secretary-Treasurer
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 701 Poydras St Suite 4500, New Orleans, LA 70139
Phone: (504) 581-3234
Frequently asked questions about Hugs Inc
How much does Hugs Inc give each year?
Hugs Inc gave $58K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 9 grants.
What is Hugs Inc's typical grant size?
Hugs Inc's median grant in 2024 was $1,953, and its average grant was $3,203, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hugs Inc that year got $2K on average.
Where does Hugs Inc give grants?
Hugs Inc's top state is Florida, with 43% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Louisiana (37%) and Alabama (9%). The most frequent recipient cities were New Orleans, LA (5 grants), Tampa, FL (2 grants), Mobile, AL (2 grants) and Sarasota, FL (2 grants).
Does Hugs Inc give general operating support?
Yes: 61% of Hugs Inc's 2024 grants with a stated purpose (11 of 18) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Qualified Disaster Payments" (4 grants).
Who are Hugs Inc's largest grantees?
Hugs Inc's largest 2024 grantees include Employees of Adams Reese Impacted B ($22,213 across 4 grants), Starc of Louisiana Inc ($5,314) and St Michael's School ($4,122), according to its 2024 IRS Form 990-PF. Together they received 55% of its itemized 2024 grant dollars.
How large is Hugs Inc?
Hugs Inc reported $118K in total assets on its 2024 IRS Form 990-PF. It paid out $58K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).
What does Hugs Inc fund?
No mission statement for Hugs Inc is provided. Its 2024 grants show support for charities serving people with intellectual or developmental disabilities, housing and community needs, cancer-related causes, and children, as well as disaster relief and individuals facing hardship. See mission & focus areas ↑
How do I apply for a grant from Hugs Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hugs Inc's EIN?
Hugs Inc's EIN (Employer Identification Number) is 72-1128842. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hugs Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Here's the math on researching Hugs Inc by hand.
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Cite this profile
Grantable. (2026). Hugs Inc funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/hugs-inc-morg_c3c2e0d052184dd489551651029fc894
BibTeX
@misc{grantable_721128842_2026,
author = {{Grantable}},
title = {{Hugs Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hugs-inc-morg_c3c2e0d052184dd489551651029fc894},
note = {Accessed 2026-10-04. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hugs Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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