The Higgs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAXHAW, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 11 grants totaling $490K. Net investment income was $153K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-17.1% YoY
Annual Giving
$490K
-4.2% YoY
Grant Count
11
-8.3% YoY
Avg Grant Size
$45K
+4.5% YoY
Under IRS private-foundation payout rules, The Higgs Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
About The Higgs Foundation
Based on IRS filings
The Higgs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAXHAW, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 11 grants totaling $490K. Net investment income was $153K.
Focus Areas
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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 | $1,652,987 | $1,993,265 | $2,512,431 |
| Revenue | $165,173 | $13,909 | $34,109 |
| Expenses | $505,451 | $533,075 | $198,430 |
| Qualifying Distributions | $493,530 | $519,114 | $180,554 |
| Net Investment Income | $153,252 | $55,255 | $40,155 |
| Distributable Amount | $89,333 | $105,008 | $122,977 |
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
50 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include West Point Association of Graduates ($295,000), Boys Scouts of America Mecklenburg ($60,000), Institute for the Study of War ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOB WOODRUFF FOUNDATION NEW YORK, NY | COMMUNITY/CHARITABLE | $5,000 |
| BOYS SCOUTS OF AMERICA MECKLENBURG CHARLOTTE, NC | COMMUNITY/CHARITABLE | $60,000 |
| HOME FOR OUR TROOPS TAUNTON, MA | COMMUNITY/CHARITABLE | $5,000 |
| INSTITUTE FOR THE STUDY OF WAR WASHINGTON, DC | COMMUNITY/CHARITABLE | $50,000 |
| MD ANDERSON CANCER CENTER HOUSTON, TX | MEDICAL/SCIENTIFIC | $10,000 |
| NO ONE LEFT BEHIND FOUNDATION OVIEDO, FL | COMMUNITY/CHARITABLE | $5,000 |
| PATRIOT MILITARY FAMILY FOUNDATION MOORESVILLE, NC | COMMUNITY/CHARITABLE | $25,000 |
| ST JUDE CHILDREN'S HOSPITAL MEMPHIS, TN | COMMUNITY/CHARITABLE | $5,000 |
| TURNING POINT MONROE, NC | COMMUNITY/CHARITABLE | $20,000 |
| WEDDINGTON UNITED METHODIST CHURCH WEDDINGTON, NC | COMMUNITY/CHARITABLE | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM HIGGS | FOUNDATION MGR. | — | — |
| ANN HIGGS | FOUNDATION MGR. | — | — |
| GREGORY HIGGS | FOUNDATION MGR. | — | — |
| STEPHANIE L HIGGS | FOUNDATION MGR. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Higgs Foundation?
The Higgs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAXHAW, NC. It holds $1.7M in total assets as of 2024.
How large is The Higgs Foundation?
As of 2024, The Higgs Foundation holds $1.7M in total assets with $165K in annual revenue. It awarded 11 grants totaling $490K in 2024.
Where does The Higgs Foundation operate?
The Higgs Foundation has awarded grants in District of Columbia, Florida, Massachusetts, Montana, North Carolina, New York, Tennessee, Texas, Virginia.
What size grants does The Higgs Foundation award?
In 2024, The Higgs Foundation awarded 11 grants totaling $490K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is The Higgs Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Higgs Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Higgs Foundation's EIN?
The Higgs Foundation's EIN (Employer Identification Number) is 76-0519824. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Higgs Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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