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Also known as: C/O MARTIN P HUGHES
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Cullen M Hughes Memorial Fund is a private association based in VERO BEACH, FL. The foundation received its IRS ruling in 1986. The principal officer is Martin P Hughes. It holds total assets of $17K. Annual income is reported at $78K. Total assets have decreased from $23K in 2011 to $5K in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Cullen M Hughes Memorial Fund has made 4 grants totaling $209K, with a median grant of $58K. Annual giving has grown from $33K in 2020 to $57K in 2023. Grantmaking activity was highest in 2022 with $61K distributed across 1 grants. Individual grants have ranged from $33K to $61K, with an average award of $52K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cullen M Hughes Memorial Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL.
Cullen M Hughes Memorial Fund has distributed a total of $209K across 4 grants. The median grant size is $58K, with an average of $52K. Individual grants have ranged from $33K to $61K.
Cullen M Hughes Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
Cullen M Hughes Memorial Fund is headquartered in VERO BEACH, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Martin P Hughes | TRUSTEE | $0 | $0 | N/A |
| Neil R Hughes | TRUSTEE | $0 | $0 | N/A |
Total Giving
$58K
Total Assets
$5K
Fair Market Value
$5K
Net Worth
$5K
Grants Paid
$57K
Contributions
$48K
Net Investment Income
N/A
Distribution Amount
$607
Total Grants
4
Total Giving
$209K
Average Grant
$52K
Median Grant
$58K
Unique Recipients
1
Most Common Grant
$61K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christ The King ChurchFOR SUPPORT OF SCHOLARSHIP FUND | Chicago, IL | $57K | 2023 |