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Hugin Family Foundation Inc. is a private corporation based in SUMMIT, NJ. The foundation received its IRS ruling in 2002. The principal officer is % Robert J Hugin. It holds total assets of $17.4M. Annual income is reported at $1.6M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Hugin Family Foundation Inc. has made 33 grants totaling $3.2M, with a median grant of $5K. Annual giving has decreased from $2.6M in 2020 to $614K in 2021. Individual grants have ranged from $50 to $1.1M, with an average award of $98K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Iowa, New Jersey, District of Columbia, which account for 76% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Hugin Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 33 grants. Its grantmaking reaches organizations primarily in IA, NJ, DC.
Hugin Family Foundation Inc. has distributed a total of $3.2M across 33 grants. The median grant size is $5K, with an average of $98K. Individual grants have ranged from $50 to $1.1M.
Hugin Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hugin Family Foundation Inc. is headquartered in SUMMIT, NJ. While based in NJ, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert J Hugin | PRESIDENT | $0 | $0 | $0 |
| Kathleen Hugin | VICE PRESIDENT | $0 | $0 | $0 |
| Hilary Hugin | TREASURER | $0 | $0 | $0 |
| Robert B Hugin | TRUSTEES | $0 | $0 | $0 |
| John Hugin | TRUSTEE | $0 | $0 | $0 |
Total Giving
$664K
Total Assets
$19.1M
Fair Market Value
$24.6M
Net Worth
$19.1M
Grants Paid
$614K
Contributions
$1.8M
Net Investment Income
$493K
Distribution Amount
$1.1M
Total Grants
33
Total Giving
$3.2M
Average Grant
$98K
Median Grant
$5K
Unique Recipients
29
Most Common Grant
$5K
of 2021 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachedANY GENERAL PURPOSE OF THE RECIPIENT ORG | Summit, NJ | $614K | 2021 |
| The University Of VirginiaSAME | Boone, IA | $1.1M | 2020 |
| Georgetown UniversityANY GENERAL PURPOSE OF THE RECIPIENT ORG | Washington, DC | $260K | 2020 |
| Parker Institute For Cancer ImmunotSAME | San Francisco, CA | $100K | 2020 |
| Garden State InitiativeSAME | Morristown, NJ | $100K | 2020 |
| Princeton University Art MuseumSAME | Princeton, NJ | $50K | 2020 |
| Darden School University Of VirginiSAME | Boone, IA | $50K | 2020 |
| Summit United Methodist ChurchSAME | Summit, NJ | $50K | 2020 |
| Weill Cornell Medical CollegeSAME | New York, NY | $25K | 2020 |
| Lehigh UniversitySAME | Bethlehem, PA | $25K | 2020 |
| Marine Core University FoundationSAME | Quantico, VA | $10K | 2020 |
| The Hastings CenterSAME | Garrison, NY | $5K | 2020 |
| Summit Volunteer First Aid SquadSAME | Summit, NJ | $5K | 2020 |
| United Against PovertySAME | Vero Beach, FL | $5K | 2020 |
| Bay Head Yacht Club FoundationSAME | Point Pleasant Beach, NJ | $5K | 2020 |
| Civic StorySAME | Summit, NJ | $5K | 2020 |
| Johns Island FoundationSAME | Indian River Shores, FL | $5K | 2020 |
| Chabad Of Se Morris CountySAME | Madison, NJ | $5K | 2020 |
| School For Children Of Hidden IntelSAME | New York, NY | $5K | 2020 |
| Educare Of Washington DcSAME | Washington, DC | $5K | 2020 |
| Scholarship Fund For Inner City ChiSAME | Newark, NJ | $5K | 2020 |
| Student Partner AllianceSAME | Summit, NJ | $2K | 2020 |
| Start IiSAME | Elmwood Park, NJ | $500 | 2020 |
| Point Pleasant First AidSAME | Point Pleasant Beach, NJ | $250 | 2020 |
| Summit Pba Local 55SAME | Summit, NJ | $250 | 2020 |
| Summit Police Athletic LeagueSAME | Summit, NJ | $250 | 2020 |
| Bay Head Mantoloking PbaSAME | Bay Head, NJ | $100 | 2020 |
| Summit Fmba Local 54SAME | Summit, NJ | $100 | 2020 |
| Princeton UniversitySAME | Princeton, NJ | $50 | 2020 |
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