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Nonprofit · EIN 87-6122482

PRESTON G HUGHES FOUNDATION INC

Tax-exempt · SALT LAKE CTY, UT 84124

Financials

$78K$105K2023$314K$144K2024$124K$121K2025
Revenue Expenses · by fiscal year end
Financials of PRESTON G HUGHES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$123,820$121,185$2,635$2,178,535$0$2,178,535
December 31, 2024990-PF$314,305$144,337$169,968$1,993,937$0$1,993,937
December 31, 2023990-PF$77,947$104,741-$26,794$1,905,935$0$1,905,935
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$57,816
Interest
$20
Net gain from sales of assets
$65,984

Expenses

Grants and similar amounts paid
$89,300
Disbursements for charitable purposes
$94,571
Excise tax on investment income
$1,021

Balance sheet and other

Total assets, start of year
$1,993,937
Total assets, end of year
$2,178,535
Total liabilities, end of year
$0
Net assets, end of year
$2,178,535
Fair market value of assets
$2,178,535
Qualifying distributions
$94,571
Net investment income
$100,069

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
J PRESTON HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
PRESIDENT1$0
ELAINE J HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
VICE PRESIDE1$0
JENNIFER H TEW
5907 W HORIZON DRIVE, HIGHLAND, UT 84003
SECRETARY1$0
990-PF for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
J PRESTON HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
President1$0
ELAINE J HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
Vice President1$0
JENNIFER H TEW
5907 W HORIZON DRIVE, HIGHLAND, UT 84003
Secretary1$0
990-PF for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
J PRESTON HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
President1$0
ELAINE J HUGHES
3860 SOUTH PARKVIEW CIRCLE, SALT LAKE CITY, UT 84124
Vice President1$0
JENNIFER H TEW
5907 W HORIZON DRIVE, HIGHLAND, UT 84003
Secretary1$0

Address and contacts

Address (IRS master file)
3860 S PARKVIEW CIR, SALT LAKE CTY, UT 84124-2319
Signed the 990-PF
J PRESTON HUGHES, PRESIDENT
Phone
(801) 558-6299
Return prepared by
ANDERSON BRADSHAW PLLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
87-6122482
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1965
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,178,535
Income (IRS master file)
$205,451

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$123,820$121,185$2,178,535IRS
990-PFDecember 2024$314,305$144,337$1,993,937IRS
990-PFDecember 2023$77,947$104,741$1,905,935XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-6122482).

Questions about PRESTON G HUGHES FOUNDATION INC

What is the EIN of PRESTON G HUGHES FOUNDATION INC?
The employer identification number (EIN) of PRESTON G HUGHES FOUNDATION INC is 87-6122482.
Is PRESTON G HUGHES FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to PRESTON G HUGHES FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PRESTON G HUGHES FOUNDATION INC file?
Form 990-PF. Private foundations file every year.
When is the next return of PRESTON G HUGHES FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PRESTON G HUGHES FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of PRESTON G HUGHES FOUNDATION INC?
The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does PRESTON G HUGHES FOUNDATION INC have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $123,820, expenses of $121,185 and total assets of $2,178,535 at year end.

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