The W Foster Hughes Virginia T Hughes

BIRMINGHAM, AL EIN: 72-6120445

Economically disadvantaged people Philanthropy Foundations

The W Foster Hughes Virginia T Hughes is a private foundation focused on Economically disadvantaged people, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.0M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $62K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.0M

+0.9% YoY

Annual Giving

$50K

-4.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

-4.5% YoY

Under IRS private-foundation payout rules, The W Foster Hughes Virginia T Hughes reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.

About The W Foster Hughes Virginia T Hughes

Based on IRS filings

Focus Areas

Economically disadvantaged people Philanthropy Foundations

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Louisiana $321K (100%)

States

Louisiana

Cities

Shreveport

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,017,253	$1,008,550	$1,044,378
Revenue	$66,570	$23,246	$28,690
Expenses	$57,697	$59,164	$68,446
Qualifying Distributions	$52,442	$54,731	$61,912
Net Investment Income	$61,550	$20,635	$24,228
Distributable Amount	$56,826	$52,336	$54,801

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include St John Berchmans Cathedral Board of ($50,428).

Recipient	Purpose	Amount
ST JOHN BERCHMANS CATHEDRAL BOARD OF SHREVEPORT, LA	GENERAL OPERATING	$50,428

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
REGIONS BANK	TRUSTEE	1	$5,070

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged people Philanthropy Foundations

Frequently Asked Questions

What is The W Foster Hughes Virginia T Hughes?

The W Foster Hughes Virginia T Hughes is a private foundation focused on Economically disadvantaged people, based in BIRMINGHAM, AL. It holds $1.0M in total assets as of 2024.

How large is The W Foster Hughes Virginia T Hughes?

As of 2024, The W Foster Hughes Virginia T Hughes holds $1.0M in total assets with $67K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does The W Foster Hughes Virginia T Hughes operate?

The W Foster Hughes Virginia T Hughes has awarded grants in Louisiana.

What size grants does The W Foster Hughes Virginia T Hughes award?

In 2024, The W Foster Hughes Virginia T Hughes awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is The W Foster Hughes Virginia T Hughes required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The W Foster Hughes Virginia T Hughes reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The W Foster Hughes Virginia T Hughes's EIN?

The W Foster Hughes Virginia T Hughes's EIN (Employer Identification Number) is 72-6120445. IRS Form 990 filing data is available on this page for 2020–2024.