John and Nancy Hughes is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 5 grants totaling $500K. Net investment income was $586K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.6M
+0.9% YoY
Annual Giving
$500K
+11.1% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$100K
-11.1% YoY
Under IRS private-foundation payout rules, John and Nancy Hughes reported a distributable amount of $542K for 2024 — the minimum it must pay out in qualifying distributions.
About John and Nancy Hughes
Based on IRS filings
John and Nancy Hughes is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $9.6M in total assets. In 2024, it awarded 5 grants totaling $500K. Net investment income was $586K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,631,383 | $9,546,800 | $9,938,396 |
| Revenue | $611,989 | $82,089 | $6,194 |
| Expenses | $527,406 | $473,685 | $68,088 |
| Qualifying Distributions | $500,000 | $450,015 | $50,000 |
| Net Investment Income | $586,370 | $98,739 | $74,963 |
| Distributable Amount | $541,795 | $480,181 | $458,968 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ann & Robert H Lurie Children's Hospital ($250,000), Gorton Center ($75,000), Northwestern Memorial Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN HEARING IMPAIRED HOCKEY ASSOCIATION EVANSTON, IL | OPERATING FUND | $50,000 |
| NOURISHING HOPE CHICAGO, IL | OPERATING FUND | $50,000 |
| GORTON CENTER LAKE FOREST, IL | OPERATING FUND | $75,000 |
| NORTHWESTERN MEMORIAL FOUNDATION LAKE FOREST, IL | OPERATING FUND | $75,000 |
| ANN & ROBERT H LURIE CHILDREN'S HOSPITAL CHICAGO, IL | OPERATING FUND | $250,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN W HUGHES III | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is John and Nancy Hughes?
John and Nancy Hughes is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LAKE FOREST, IL. It holds $9.6M in total assets as of 2024.
How large is John and Nancy Hughes?
As of 2024, John and Nancy Hughes holds $9.6M in total assets with $612K in annual revenue. It awarded 5 grants totaling $500K in 2024.
Where does John and Nancy Hughes operate?
John and Nancy Hughes has awarded grants in Illinois.
What size grants does John and Nancy Hughes award?
In 2024, John and Nancy Hughes awarded 5 grants totaling $500K — an average of about $100K per grant, based on its IRS Form 990 filings.
How much is John and Nancy Hughes required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, John and Nancy Hughes reported a distributable amount of $542K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is John and Nancy Hughes's EIN?
John and Nancy Hughes's EIN (Employer Identification Number) is 85-0691493. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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