James E Hughes Scholarship Fund
James E Hughes Scholarship Fund is a private foundation, based in Greenfield, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $612K in total assets. In 2025, it awarded 3 grants totaling $27K. Net investment income was $20K.
James E Hughes Scholarship Fund at a glance
In short: James E Hughes Scholarship Fund gave $27K across 3 grants in 2025 (avg $9K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $26,833
- +1.7% vs 2024
- Grants made (2025)
- 3
- +0.0% vs 2024
- Average grant
- $8,944
- +1.7% vs 2024
- Median grant
- $4,025
- Total assets
- $611,654
- -2.1% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who James E Hughes Scholarship Fund funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Martin University ($4K). Together the top 2 received $8K.
Organizations only. It also paid 1 individual scholarship ($18,783), which are not listed by name.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 18 grants of 18 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How James E Hughes Scholarship Fund gives
- Giving held roughly steady from 2022 to 2025 (−5%). Method
- In 2025 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $26K (2024) to $32K (2021). In 2025 it made 3 grants totaling $27K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 1 individual scholarship Recipients not named | — | $18,783 |
| Martin University Indianapolis, IN | Scholarships Paid to Various Students | $4,025 |
| University of Indianapolis Indianapolis, IN | Scholarships Paid to Various Students | $4,025 |
Ready to take the next step with James E Hughes Scholarship Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $611,654 | $23,977 | $37,424 | $26,833 | 3 | $32,391 | $20,272 | $34,694 |
| 2024 | $624,939 | $21,531 | $35,835 | $26,373 | 3 | $31,345 | $18,217 | $31,805 |
| 2023 | $639,243 | $6,459 | $37,014 | $28,909 | 4 | $33,187 | $7,238 | $30,651 |
| 2022 | $669,696 | $14,765 | $42,966 | $28,211 | 4 | $33,763 | $11,064 | $33,662 |
| 2021 | $697,897 | $165,563 | $39,964 | $31,950 | 4 | — | $164,029 | $31,311 |
| 2020 | $572,298 | $26,927 | $39,361 | $26,642 | 4 | — | $26,927 | $31,950 |
Under IRS private-foundation payout rules, James E Hughes Scholarship Fund reported a distributable amount of $35K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
James E Hughes Scholarship Fund's only listed officer is Greenfield Banking Company, Trustee on every filing since 2021 (compensated).
Officers on the 2025 filing
Greenfield Banking Company
Trustee
On filings since 2021
2 hrs/week
$4K (2021) → $9K (2025)
Former officers (1)
- Former: JP Morgan Chase Bank NA (2020–2021) — Trustee
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $9K, to Greenfield Banking Company (Trustee).
Frequently asked questions about James E Hughes Scholarship Fund
How much does James E Hughes Scholarship Fund give each year?
James E Hughes Scholarship Fund gave $27K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $26K across 3 grants.
What is James E Hughes Scholarship Fund's typical grant size?
James E Hughes Scholarship Fund's median grant in 2025 was $4,025, and its average grant was $8,944, across 3 grants on its 2025 IRS Form 990-PF.
Where does James E Hughes Scholarship Fund give grants?
James E Hughes Scholarship Fund gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Indianapolis, IN (2 grants).
Does James E Hughes Scholarship Fund give general operating support?
Not in 2025: none of the 3 grants with a stated purpose on James E Hughes Scholarship Fund's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarships Paid to Various Students" (3 grants).
How large is James E Hughes Scholarship Fund?
James E Hughes Scholarship Fund reported $612K in total assets on its 2025 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $35K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is James E Hughes Scholarship Fund's EIN?
James E Hughes Scholarship Fund's EIN (Employer Identification Number) is 35-6009013. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
Other open foundation grants in Indiana
Indiana Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in James E Hughes Scholarship Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Duke Energy Foundation
Charlotte, NC
The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.
Assets
$1.9M
Grants
41
Total Given
$25.6M
Healthcare Initiatives Inc
Indianapolis, IN
Healthcare Initiatives Inc funds nonprofit programs advancing human health and well-being, including health education, healthy-lifestyle information, and medical services. Its 2024 grants ranged from $2,500 to $50,000, with a median of $5,000; most funding went to Indiana, with some grants reported in other states. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$19.9M
Grants
53
Total Given
$665K
Edward E Meyer Trust
Cincinnati, OH
Assets
$1.9M
Grants
1
Total Given
$104K
William M & Louise O Allen Scholarship F
Pittsburgh, PA
Assets
—
Grants
1
Total Given
$164K
Miller Family Memorial Foundation Inc
Palm Beach Garden, FL
Assets
$1.2M
Grants
1
Total Given
$75K
A Frank Orr Educational Trust XXX-XX-XXXX
Evansville, IN
Assets
$291K
Grants
2
Total Given
$12K
More similar funders
More Funders in Indiana
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from James E Hughes Scholarship Fund'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.
James E Hughes Scholarship Fund down — hundreds of funders to go?