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Also known as: C/O FRANKLIN STREET TRUST COMPANY
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Hudson Foundation is a private trust based in CHAPEL HILL, NC. The foundation received its IRS ruling in 2003. The principal officer is Franklin Street Trust Company Fid. It holds total assets of $4.9M. Annual income is reported at $1.1M. Total assets have grown from $3.8M in 2011 to $5.1M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of education. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. According to available records, Hudson Foundation has made 43 grants totaling $1.3M, with a median grant of $5K. Annual giving has grown from $384K in 2021 to $936K in 2022. Individual grants have ranged from $1K to $293K, with an average award of $31K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in North Carolina, Florida, District of Columbia, which account for 91% of all grants. Grantmaking reaches organizations across 5 states. 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.
Hudson Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 43 grants. Its grantmaking reaches organizations primarily in NC, FL, DC.
Hudson Foundation has distributed a total of $1.3M across 43 grants. The median grant size is $5K, with an average of $31K. Individual grants have ranged from $1K to $293K.
Hudson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hudson Foundation is headquartered in CHAPEL HILL, NC. While based in NC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Franklin Street Trust | TRUSTEE | $18K | $0 | $18K |
| Doug Guthe | TRUSTEE | $0 | $0 | N/A |
Total Giving
$363K
Total Assets
$5.1M
Fair Market Value
$9.5M
Net Worth
$5.1M
Grants Paid
$338K
Contributions
N/A
Net Investment Income
$236K
Distribution Amount
$446K
Total: $3.4M
Total Grants
43
Total Giving
$1.3M
Average Grant
$31K
Median Grant
$5K
Unique Recipients
16
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Atlanta, GA | $1K | 2021 |
| Kenan-Flagler Business School FoundationTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Chapel Hill, NC | $293K | 2022 |
| Chatham Habitat For HumanityTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Pittsboro, NC | $98K | 2022 |
| United Way Of Martin CountyTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Stuart, FL | $20K | 2022 |
| United Way Of Chatham CountyTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Pittsboro, NC | $20K | 2022 |
| American Red Cross Of Eastern NcTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Raleigh, NC | $6K | 2022 |
| Unc Lineberger Comprehensive Cancer CenterTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Chapel Hill, NC | $6K | 2022 |
| Sophia M Sherman- Recipient Of HudsTO PROVIDE SCHOLARSHIP TO FURTHER EDUCATION. | Chapel Hill, NC | $5K | 2022 |
| Maya Reuveni Spencer - Recipient OfTO PROVIDE SCHOLARSHIP TO FURTHER EDUCATION. | Chapel Hill, NC | $5K | 2022 |
| Durham Rescue MissionTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Durham, NC | $4K | 2022 |
| Food Bank Of Eastern NcTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Raleigh, NC | $4K | 2022 |
| The Salvation ArmyTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Durham, NC | $4K | 2022 |
| World Central KitchenTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Washington, DC | $2K | 2022 |
| Deloitte FoundationTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Wilton, CT | $1K | 2022 |
| Christmas HouseTO ASSIST ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE. | Chapel Hill, NC | $1K | 2022 |
| Victor M Perez - Recipient Of HudsoTO PROVIDE SCHOLARSHIP TO FURTHER EDUCATION. | Chapel Hill, NC | $3K | 2021 |