The Scott Hudgens Family Foundation Inc
- Assets
- $0.0
- Revenue
- $7.7m
- Investments
- $54.2m
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 01/2001
- Data as of
- 12/2019
- EIN
- 58-2513020
Organization Overview
The Scott Hudgens Family Foundation Inc is located in Duluth, GA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Scott Hudgens Family Foundation Inc 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 12/2019, Scott Hudgens Family Foundation Inc generated $7.7m in total revenue. All expenses for the organization totaled $5.7m during the year ending 12/2019. While expenses have increased by 3.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Scott Hudgens Family Foundation Inc has awarded 192 individual grants totaling $7,927,602. 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 |
|---|---|---|---|
William A Brogdon Exec. Dir. | 8 | $186,000 | |
Richard Mayberry Director | 1 | $0 | |
Dallas S Hudgens III Chairman, Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $14,772 |
| Interest on Savings | $0 |
| Dividends & Interest | $913,996 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,435,812 |
| Total Revenue | $7,703,530 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $186,000 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $463 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $1,764,462 |
| Contributions, gifts, grants paid | $3,898,100 |
| Total expenses and disbursements | $5,662,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,725 |
| Investments—mortgage loans | $0 |
| Investments—other | $30,133,660 |
| Other assets | $25,273 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Scott Hudgens Family Foundation Inc has awarded $5,719,600 in support to 154 organizations.
| Grant Recipient | Amount |
|---|---|
Duluth, GA PURPOSE: DESIG FOR THE SCOTT HUDGENS FAMILY FOUNDATION DONOR ADVISED FUND. | $1,200,000 |
Atlanta, GA PURPOSE: DESIG FOR THE AFLAC CANC & BLOOD DISORD CNTR, TO SUPPORT CELLULAR THERAPY RESEARCH | $540,000 |
Norcross, GA PURPOSE: DESIG. FOR THE GENERAL OPERATING FUND | $210,000 |
Lawrenceville, GA PURPOSE: DESIG: $75,000 - OFFICE OF VETERANS AFFAIRS; $75.000 - GW TECH OPPORTUNITY FUND | $150,000 |
AMERICAN CANCER SOCIETY INC PURPOSE: DESIG FOR THE ROARING FORK VALLEY POSTDOCTORAL RESEARCH FELLOWSHIP, IN MEM. OF MRH | $120,000 |
Atlanta, GA PURPOSE: DESIG FOR HOUSING PROGRAMS FOR HOMELESS MEN | $100,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pentecost Foundation Bradenton, FL | $91,770,712 | $23,508,587 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Micky And Madeleine Arison Family Foundation Coral Gables, FL | $232,510,515 | $23,555,348 |
Thomas W Smith Foundation Boca Raton, FL | $35,370,958 | $23,899,669 |
University Of Central Florida Research Foundation Inc Orlando, FL | $26,737,307 | $16,545,937 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
Wonderful Life Foundation West Palm Beach, FL | $22,652,179 | $19,424,572 |
Thompson-Hartford Foundation Inc Tampa, FL | $0 | $6,094,384 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Harrell Family Charities Inc Lakeland, FL | $0 | $11,320,223 |