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Also known as: CHARITABLE FOUNDATION
John And Nancy Hughes Charitable Foundation is a private trust based in LAKE FOREST, IL. The foundation received its IRS ruling in 2021. The principal officer is % L Robert Pasquesi. It holds total assets of $9.6M. Annual income is reported at $1.7M. The foundation operates in the area of philanthropy & grantmaking. According to available records, John And Nancy Hughes Charitable Foundation has made 8 grants totaling $500K, with a median grant of $31K. Annual giving has grown from $50K in 2022 to $450K in 2023. Individual grants have ranged from $13K to $300K, with an average award of $63K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
John And Nancy Hughes Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in IL.
John And Nancy Hughes Charitable Foundation has distributed a total of $500K across 8 grants. The median grant size is $31K, with an average of $63K. Individual grants have ranged from $13K to $300K.
John And Nancy Hughes Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
John And Nancy Hughes Charitable Foundation is headquartered in LAKE FOREST, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John W Hughes Iii | TRUSTEE | $0 | $0 | $0 |
Total Giving
$474K
Total Assets
$9.5M
Fair Market Value
$10.2M
Net Worth
$9.5M
Grants Paid
$450K
Contributions
$0
Net Investment Income
$99K
Distribution Amount
$480K
Total: $9.4M
Total Grants
8
Total Giving
$500K
Average Grant
$63K
Median Grant
$31K
Unique Recipients
7
Most Common Grant
$13K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Chicago CredOPERATING FUND | Chicago, IL | $50K | 2023 |
| Ann & Robert H Lurie Children'S HospitalOPERATING FUND | Chicago, IL | $300K | 2023 |
| American Hearing Impaired Hockey AssociationOPERATING FUND | Evanston, IL | $50K | 2023 |
| Nourishing HopeOPERATING FUND | Chicago, IL | $50K | 2023 |
| Merit Schoolf Of MusicOPERATING FUND | Chicago, IL | $13K |
| 2022 |
| Willow HouseOPERATING FUND | Bannockburn, IL | $13K | 2022 |
| Musical Arts InstituteOPERATING FUND | Chicago, IL | $13K | 2022 |
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