Funder DirectoryHUGIN FAMILY FOUNDATION INC
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Private foundation (trust)EIN 030374762Est. 2002-03

HUGIN FAMILY FOUNDATION INC

SUMMIT, NJ 07901

Total Assets

$19.4M

FY 2023

Annual Giving

$3.5M

FY 2023

Grants Made

15

FY 2023

Avg Grant

$235K

FY 2023

Grant Range

$500–$1.0M

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$1.6M

Total Expenses

$3.7M

Qualifying Distributions

$3.5M

Distributable Amount

$942K

Min. Investment Return

$949K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

15 grants

Grant sizes from minimum $500 through median $50K to maximum $1.0M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2023. Peak $3.5M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

49 grants

Recipient names are missing from the available filing data for some grants.

DARDEN SCHOOL UNIVERSITY OF VIRGINI
$2.0M
4 grants
THE UNIVERSITY OF VIRGINIA
$1.9M
4 grants
PRINCETON UNIVERSITY
$1.0M
3 grants
GEORGETOWN UNIVERSITY
$260K
1 grant
GARDEN STATE INITIATIVE
$180K
3 grants
NAVY SEAL MUSEUM
$100K
1 grant
PARKER INSTITUTE FOR CANCER IMMUNOT
$100K
1 grant
AEI
$50K
1 grant

Grant Size Distribution

49 grants

<$10K
24
grants
$10–50K
11
grants
$50–250K
6
grants
$250K–1M
4
grants
$1–5M
4
grants
$5M+

Geographic Focus

10 states

New Jersey
$4.2M
48% of total
Virginia
$2.0M
23% of total
Iowa
$1.9M
22% of total
District of Columbia
$325K
4% of total
Florida
$110K
1% of total
California
$100K
1% of total
Ohio
$50K
1% of total
New York
$45K
1% of total
Pennsylvania
$25K
0% of total
Illinois
$500
0% of total

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