Pugh Family Foundation is located in Lafayette, LA. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Pugh Family 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 12/2022, Pugh Family Foundation generated $3.4m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Pugh Family Foundation has awarded 12 individual grants totaling $1,848,587. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francis N Pugh III Director | 2 | $0 | |
Joann Pugh Director | 4 | $0 | |
Francis N Pugh IV Director | 1 | $0 | |
Michael D Pugh Director | 1 | $0 | |
Joshua N Pugh Director | 1 | $0 | |
Todd Mouton Executive Director | 40 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,906,828 |
| Interest on Savings | $34,612 |
| Dividends & Interest | $174,391 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $260,448 |
| Capital Gain Net Income | $260,448 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,624 |
| Total Revenue | $3,386,903 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $145,536 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $13,022 |
| Interest | $0 |
| Taxes | $21,093 |
| Depreciation | $579 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,492 |
| Printing and publications | $0 |
| Other expenses | $152,171 |
| Total operating and administrative expenses | $353,093 |
| Contributions, gifts, grants paid | $901,277 |
| Total expenses and disbursements | $1,254,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,351,953 |
| 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 | $6,897,719 |
| Net Land, buildings, and equipment | $1,446 |
| Other assets | $31,129 |
| Total assets | $20,254,701 |
| 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 |
Over the last fiscal year, Pugh Family Foundation has awarded $901,277 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
LAFAYETTE PARISH SCHOOLS PURPOSE: ON TRACK BY 5 | $172 |
VANGUARD CHARITABLE PURPOSE: UNRESTRICTED | $900,000 |
QUEEN PEACE CHURCH PURPOSE: UNRESTRICTED | $100 |
WD SMITH CAREER CENTER PURPOSE: UNRESTRICTED | $900 |
UNITED WAY OF ACADIANA PURPOSE: UNRESTRICTED | $105 |