Preston G Hughes Foundation Inc
Preston G Hughes Foundation Inc is a private foundation, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 13 grants totaling $129K. Net investment income was $300K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.0M
+4.6% YoY
Annual Giving
$129K
+57.2% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$10K
+8.8% YoY
About Preston G Hughes Foundation Inc
Based on IRS filings
Preston G Hughes Foundation Inc is a private foundation, based in SALT LAKE CITY, UT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 13 grants totaling $129K. Net investment income was $300K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,993,937 | $1,905,935 | $1,833,870 |
| Revenue | $314,305 | $77,947 | $97,318 |
| Expenses | $144,337 | $104,741 | $118,177 |
| Qualifying Distributions | $130,198 | $84,955 | $95,478 |
| Net Investment Income | $300,166 | $58,161 | $74,802 |
| Distributable Amount | — | $90,264 | $95,880 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Church of Jesus Christ of Latter-Da ($112,889), Gifted School of Music ($7,300), Salt Lake Childrens Choir ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Church of Jesus Christ of Latter-Da SALT LAKE CITY, UT | RELIGIOUS, MISSIONARY, HUMANTIARIAN AID | $112,889 |
| First United Methodist Church SALT LAKE CITY, UT | RELIGIOUS AND COMMUNITY SUPPORT | $150 |
| Gifted School of Music SALT LAKE CITY, UT | COMMUNITY SUPPORT | $7,300 |
| Fourth Street Clinic Salt Lake City, UT | COMMUNITY SUPPORT | $1,000 |
| For the Kids Salt Lake City, UT | COMMUNITY SUPPORT | $500 |
| Go Unite Roy, UT | COMMUNITY SUPPORT | $300 |
| PBS Utah Salt Lake City, UT | COMMUNITY SUPPORT | $1,000 |
| Rabbi Benny Zippel Salt Lake City, UT | COMMUNITY SUPPORT | $1,000 |
| Salt Lake Childrens Choir Salt Lake City, UT | COMMUNITY SUPPORT | $2,000 |
| Special Olympics Draper, UT | COMMUNITY SUPPORT | $100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| J PRESTON HUGHES | President | 1 | — |
| ELAINE J HUGHES | Vice President | 1 | — |
| JENNIFER H TEW | Secretary | 1 | — |
Frequently Asked Questions
How large is Preston G Hughes Foundation Inc?
As of 2024, Preston G Hughes Foundation Inc holds $2.0M in total assets with $314K in annual revenue. It awarded 13 grants totaling $129K in 2024.
Where does Preston G Hughes Foundation Inc operate?
Preston G Hughes Foundation Inc has awarded grants in Alabama, California, District of Columbia, Hawaii, Kentucky, Maryland, New York, South Dakota, Utah, Wyoming.
What size grants does Preston G Hughes Foundation Inc award?
In 2024, Preston G Hughes Foundation Inc awarded 13 grants totaling $129K — an average of about $10K per grant, based on its IRS Form 990 filings.
What is Preston G Hughes Foundation Inc's EIN?
Preston G Hughes Foundation Inc's EIN (Employer Identification Number) is 87-6122482. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Preston G Hughes Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.