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H Fund is a private corporation based in AMARILLO, TX. The foundation received its IRS ruling in 2001. The principal officer is Jack S Hudgins. It holds total assets of $1.6M. Annual income is reported at $480K. Total assets have grown from $842K in 2011 to $1.5M in 2023. The foundation is governed by 4 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Texas. According to available records, H Fund has made 14 grants totaling $873K, with a median grant of $14K. Annual giving has grown from $86K in 2020 to $786K in 2022. Individual grants have ranged from $1K to $368K, with an average award of $62K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in Ohio and Texas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$26K
Based on 4 grants from the most recent 990-PF filing.
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.
H Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in OH, TX.
H Fund has distributed a total of $873K across 14 grants. The median grant size is $14K, with an average of $62K. Individual grants have ranged from $1K to $368K.
Organization must be a qualified 501(c)(3) organization.
H Fund is headquartered in AMARILLO, TX. While based in TX, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Marlene Hoge Hudgins | Vice President | $0 | $0 | N/A |
| Debbie Land Hudgins | Vice President | $0 | $0 | N/A |
| Jack S Hudgins Jr | President | $0 | $0 | N/A |
| Jack S Hudgins | Vice President | $0 | $0 | N/A |
Total Giving
$40K
Total Assets
$1.5M
Fair Market Value
$1.9M
Net Worth
$1.5M
Grants Paid
$28K
Contributions
N/A
Net Investment Income
$58K
Distribution Amount
$85K
Total: $1.3M
Total Grants
14
Total Giving
$873K
Average Grant
$62K
Median Grant
$14K
Unique Recipients
7
Most Common Grant
$14K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableGRANTS TO CHARITIES | Cincinnati, OH | $368K | 2022 |
| Marriage TodayGENERAL OPERATING BUDGET | Dallas, TX | $20K | 2022 |
| Texas Nurses AssocSCOLARSHIPS | Austin, TX | $5K | 2022 |
| Texas Am FoundationSCHOLARSHIPS | College Station, TX | $26K | 2020 |
| Westminster Presbyterian ChrchGENERAL OPERATING BUDGET & CAPITAL CAMPAIGN | Amarillo, TX | $14K | 2020 |
| Rice UniversityGENERAL OPERATING BUDGET | Houston, TX | $2K | 2020 |
| Amarillo Area FoundationPROGRAM | Amarillo, TX | $1K | 2020 |