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Also known as: CHARITABLE FOUNDATION
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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 is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. 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.
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.
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 | N/A |
Total Giving
$474K
Total Assets
$9.5M
Fair Market Value
$10.2M
Net Worth
$9.5M
Grants Paid
$450K
Contributions
N/A
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 |
| Willow HouseOPERATING FUND | Bannockburn, IL | $13K | 2022 |
| Musical Arts InstituteOPERATING FUND | Chicago, IL | $13K | 2022 |
| Merit Schoolf Of MusicOPERATING FUND | Chicago, IL | $13K | 2022 |