Preston G Hughes Foundation Inc

SALT LAKE CITY, UT EIN: 87-6122482

Financial Overview

From 2024 IRS Form 990-PF

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

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$86K$173K$259K$346K20202021202220232024
Metric202420232022
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

$0$32K$65K$97K$129K25 grants202026 grants202117 grants20229 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Church of Jesus Christ o…$113KGifted School of Music$7KSalt Lake Childrens Choir$2KFourth Street Clinic$1KPBS Utah$1KRabbi Benny Zippel$1KUtah Food Bank$1KUtah State Jr Livestock …$1KDUP South County Museum$1KFor the Kids$500

Grant Size Distribution

90 grants across all recorded years

86<$50K3$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Preston G Hughes Foundation Inc fund?

Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
J PRESTON HUGHESPresident1
ELAINE J HUGHESVice President1
JENNIFER H TEWSecretary1

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

10states
+2 more states

Cities

AlpineBaltimoreBrooklynCrazy HorseDeltaDraperHonoluluHot SpringsJacksonLaytonLibertyLindonMidvaleMobileMurrayOgdenOwentonPaysonRoySale Lake City

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

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