Hugel Foundation
- Assets
- $1.3m
- Revenue
- $59.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Metairie, LA
- Founding
- 06/1977
- Data as of
- 12/2023
- EIN
- 51-0206704
Organization Overview
Hugel Foundation is located in Metairie, LA. The organization was established in 1977. 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. Hugel Foundation 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 12/2023, Hugel Foundation generated $59.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $79.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Hugel Foundation has awarded 66 individual grants totaling $667,264. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Guy Williams President | 1 | $0 | |
Julie Hugel Sec/treas. | 1 | $0 | |
Anna Hugel Member At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $53,349 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,110 |
| Capital Gain Net Income | $6,110 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $64 |
| Total operating and administrative expenses | $1,381 |
| Contributions, gifts, grants paid | $78,000 |
| Total expenses and disbursements | $79,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,031 |
| Savings and temporary cash investments | $0 |
| 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 | $847,612 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,335,642 |
| 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 | $56,116 |
| Total liabilities | $56,116 |
Grants Awarded
Over the last fiscal year, Hugel Foundation has awarded $78,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL ADOPTION CENTER PURPOSE: CHARITABLE | $18,000 |
GOOD SAMARITIAN MISSION PURPOSE: CHARITABLE | $10,000 |
NOTRE DAME SEMINARY OF NEW ORLEANS PURPOSE: CHARITABLE | $20,000 |
OZANAM INN PURPOSE: CHARITABLE | $20,000 |
SAINT JOESPH ABBEY & SEMINARY COLLEGE PURPOSE: CHARITABLE | $10,000 |