Sarah M Hughes Foundation

Foundation · Grantmaker SEATTLE, WA EIN: 35-2428957

Sarah M Hughes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it awarded 3 grants totaling $900K. Net investment income was $707K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.8M

+59.4% YoY

Annual Giving

$900K

+12.5% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$300K

+12.5% YoY

Under IRS private-foundation payout rules, Sarah M Hughes Foundation reported a distributable amount of $917K for 2024 — the minimum it must pay out in qualifying distributions.

About Sarah M Hughes Foundation

Based on IRS filings

Sarah M Hughes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it awarded 3 grants totaling $900K. Net investment income was $707K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Mercer IslandSeattleTukwila

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$7,764,525$4,872,383$4,998,153
Revenue$3,825,283$702,028$438,160
Expenses$933,141$829,298$780,343
Qualifying Distributions$904,254$804,228$766,713
Net Investment Income$706,550$689,119$425,292
Distributable Amount$916,758$695,749$551,723

Giving Over Time

Total grant dollars and number of grants per year

$0$225K$450K$675K$900K4 grants20203 grants20214 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

SEATTLE CHILDREN'S HOSPI…$575KFRED HUTCH CANCER RESEARCH$225KYMCA OF GREATER SEATTLE$100K

Grant Size Distribution

17 grants across all recorded years

8<$50K1$50–100K5$100–250K$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seattle Children's Hospital ($575,000), Fred Hutch Cancer Research ($225,000), Ymca of Greater Seattle ($100,000).

RecipientPurposeAmount
SEATTLE CHILDREN'S HOSPITAL SEATTLE, WAGENERAL OPERATIONS FUND$575,000
YMCA OF GREATER SEATTLE SEATTLE, WAGENERAL OPERATIONS FUND$100,000
FRED HUTCH CANCER RESEARCH SEATTLE, WAGENERAL OPERATIONS FUND$225,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MR JAMES W HUGHESMANAGER
MS HEATHER O HUGHESMANAGER

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sarah M Hughes Foundation?

Sarah M Hughes Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SEATTLE, WA. It holds $7.8M in total assets as of 2024.

How large is Sarah M Hughes Foundation?

As of 2024, Sarah M Hughes Foundation holds $7.8M in total assets with $3.8M in annual revenue. It awarded 3 grants totaling $900K in 2024.

Where does Sarah M Hughes Foundation operate?

Sarah M Hughes Foundation has awarded grants in Washington.

What size grants does Sarah M Hughes Foundation award?

In 2024, Sarah M Hughes Foundation awarded 3 grants totaling $900K — an average of about $300K per grant, based on its IRS Form 990 filings.

How much is Sarah M Hughes Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sarah M Hughes Foundation reported a distributable amount of $917K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sarah M Hughes Foundation's EIN?

Sarah M Hughes Foundation's EIN (Employer Identification Number) is 35-2428957. IRS Form 990 filing data is available on this page for 2020–2024.

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

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