Hugs Inc

NEW ORLEANS, LA EIN: 72-1128842

Hugs Inc is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118K in total assets. In 2024, it awarded 18 grants totaling $58K.

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

About Hugs Inc

Based on IRS filings

Hugs Inc is a private foundation, based in NEW ORLEANS, LA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118K in total assets. In 2024, it awarded 18 grants totaling $58K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

Baton RougeCarriereChatsworthCookevilleCrockettFairfieldHoustonJacksonKansas CityMcdonoughMemphisMobileNampaNashvilleNew OrleansNew YorkOklahoma CitySaludaSarasotaSlidell

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$31K$61K$92K$122K20202021202220232024
Metric202420232022
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
Net Investment Income
Distributable Amount$5,246$4,772$4,284

Giving Over Time

Total grant dollars and number of grants per year

$0$24K$47K$71K$94K27 grants202019 grants202110 grants20229 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EMPLOYEES OF ADAMS REESE…$18KSTARC OF LOUISIANA INC$5KOTHER CHARITIES 1000 EACH$5KST MICHAEL'S SCHOOL$4KAMERICAN CANCER SOCIETY$4KMETROPOLITAN MINISTRIES …$3KCOMMUNITY FOUNDATION OF …$3KHABITAT FOR HUMANITY$3KEMPLOYEES OF ADAMS REESE…$2KCHILD ADVOCACY CENTER$2K

Grant Size Distribution

83 grants across all recorded years

83<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

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

NameTitleHoursCompensation
MARK C SURPRENANTPRESIDENT
LINDA SOILEAUSECRETARY-TREASURER

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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