R Dale & Francis M Hughes Foundatn Tr
- Assets
- $37.2m
- Revenue
- $665.5k
- Investments
- $36.4m
- Employees
- 0
- Location
- Lancaster, PA
- Founding
- 10/1997
- Data as of
- 12/2022
- EIN
- 23-7914215
Organization Overview
R Dale & Francis M Hughes Foundatn Tr is located in Lancaster, PA. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. R Dale & Francis M Hughes Foundatn Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, R Dale & Francis M Hughes Foundatn Tr generated $665.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.1%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, R Dale & Francis M Hughes Foundatn Tr has awarded 102 individual grants totaling $9,795,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Co-Trustee | 10 | $207,179 | |
Patricia G Hughes Co-Trustee | 3 | $26,047 | |
Kevin D Hughes Co-Trustee | 3 | $26,047 | |
Scott R Hughes Co-Trustee | 3 | $26,047 | |
Carl E Hughes Co-Trustee | 3 | $26,047 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,089,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$432,155 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $8,539 |
| Total Revenue | $665,510 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $311,367 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,724 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $397,966 |
| Contributions, gifts, grants paid | $2,600,000 |
| Total expenses and disbursements | $2,997,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $858,451 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $7,785,364 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $37,224,081 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, R Dale & Francis M Hughes Foundatn Tr has awarded $2,600,000 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
EAST STROUDSBURG SCHOOL DISTRICT PURPOSE: PUBLIC EDUCATION | $11,432 |
POCONO MOUNTAIN REGIONAL EMS PURPOSE: EMERGENCY SERVICES | $136,720 |
SALVATION ARMY PURPOSE: EAST STROUDSBURG OPERATIONS | $125,000 |
SUPPORT SERVICES FOR SENIORS PURPOSE: ASSISTANCE FOR LOW INCOME | $10,000 |
MONROE COUNTY HISTORICAL ASSOCIATION PURPOSE: OPERATIONS | $1,125,643 |
POCONO MOUNTAIN PUBLIC LIBRARY PURPOSE: OPERATIONS | $25,195 |