//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Sarah M Hughes Foundation is a private corporation based in SEATTLE, WA. The foundation received its IRS ruling in 2012. It holds total assets of $7.8M. Annual income is reported at $4.1M. Total assets have decreased from $6.2M in 2012 to $4.9M in 2023. The foundation is governed by 2 officers and trustees. 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 2016 to 2023. Grantmaking is concentrated in Washington. According to available records, Sarah M Hughes Foundation has made 14 grants totaling $2.3M, with a median grant of $25K. Annual giving has grown from $75K in 2021 to $800K in 2023. Grantmaking activity was highest in 2022 with $1.5M distributed across 8 grants. Individual grants have ranged from $10K to $725K, with an average award of $168K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Washington. Contributions to this foundation are tax-deductible.
Smallest Grant
$15K
Median Grant
$63K
Average Grant
$84K
Largest Grant
$195K
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.
Sarah M Hughes Foundation 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 WA.
Sarah M Hughes Foundation has distributed a total of $2.3M across 14 grants. The median grant size is $25K, with an average of $168K. Individual grants have ranged from $10K to $725K.
Sarah M Hughes Foundation typically selects its grantees rather than accepting unsolicited proposals.
Sarah M Hughes Foundation is headquartered in SEATTLE, WA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mr James W Hughes | MANAGER | $0 | $0 | N/A |
| Ms Heather O Hughes | MANAGER | $0 | $0 | N/A |
Total Giving
$829K
Total Assets
$4.9M
Fair Market Value
$16.5M
Net Worth
$4.9M
Grants Paid
$800K
Contributions
N/A
Net Investment Income
$689K
Distribution Amount
$696K
Total: $4.8M
Total Grants
14
Total Giving
$2.3M
Average Grant
$168K
Median Grant
$25K
Unique Recipients
7
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Seattle Children'S HospitalGENERAL OPERATIONS FUND | Seattle, WA | $725K | 2023 |
| Providence Hospice Of Seattle FoundationGENERAL OPERATIONS FUND | Tukwila, WA | $50K | 2023 |
| The Goodtimes ProjectGENERAL OPERATIONS FUND | Seattle, WA | $25K | 2023 |
| Seattle UniversityGENERAL OPERATIONS FUND | Seattle, WA | $500K | 2022 |
| Seattle Childrens Hospital FoundationGENERAL OPERATIONS FUND | Seattle, WA | $200K | 2022 |
| Pediatric Brain Tumor Research FundGENERAL OPERATIONS FUND | Seattle, WA | $25K | 2022 |
| The First Night ProjectGENERAL OPERATIONS FUND | Mercer Island, WA | $10K | 2022 |