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HUGOTON FOUNDATION

NEW YORK, NY · EIN 341351062 · Form 990PF · FY2024 · Medium ($1M-$10M)
revenue
$2.4M
expenses
$629K
net assets
$93.5M
employees
profile · synthesized from sources

HUGOTON FOUNDATION is a private foundation based in New York that provides grants to support educational, healthcare, and cultural initiatives. The foundation funds capital projects, medical equipment, academic endowments, and operational needs for organizations serving vulnerable populations. Its grantmaking spans higher education, hospitals, emergency services, and the arts.

named programs · 5 · from sources

What they call their work

Advanced Ultrasound Imaging Program
Procurement and training for high-resolution intestinal imaging equipment at Lenox Hill Hospital.
Delacorte Theater Renovations
Capital support for renovations at the Delacorte Theater, managed by The Public Theatre.
Emergency Squad Equipment and Training
Funding for equipment, supplies, and training for Point Pleasant First Aid and Emergency Squad.
Fellowship Program at Lenox Hill Hospital
Two-year fellowship program supporting medical training, commencing 2025–2026.
Lola K. Antognini Accounting Research Endowment
Endowment fund established at USC Leventhal School of Accounting to support accounting research.
activities · 8 groups

What they do

  • Healthcare Education Scholarships and Fellowships 2 activities
    • Funding medical fellowships and clinical training programs
      Finances fellowship programs and specialized training for medical professionals, including a two-year fellowship program at Lenox Hill Hospital beginning in 2025–2026.
    • Funding nursing education and simulation training resources
      Awards grants to enhance nursing education through simulation equipment and instructional resources, including support for Dominican University’s nursing program.
  • Capital Infrastructure Funding 1 activity
    • Funding capital improvements for educational and social service facilities
      Finances renovation, repair, and maintenance projects at schools and service centers, including air conditioner replacements at Marian Center Schools and Services Inc. and repairs at Church and Friary St Francis of Assisi.
  • Performing Arts Production Support 1 activity
    • Funding cultural and performing arts institutions
      Provides financial support for theater and arts organizations, including funding for the Irish Repertory Theatre's 2024–2025 season and renovations at Delacorte Theater through The Public Theatre.
  • Municipal and Community General Support 1 activity
    • Funding emergency medical services and first responder operations
      Provides financial support for equipment, supplies, and operational needs of emergency response organizations, such as the Point Pleasant First Aid and Emergency Squad.
  • Charitable Grantmaking to Specific Causes 1 activity
    • Funding food security programs for vulnerable populations
      Supports food purchasing and distribution efforts for organizations serving homeless and low-income individuals, including a twelve-month funding commitment to Camillus House.
  • Hospital and Medical Center Support 1 activity
    • Funding medical equipment and infrastructure for hospitals and clinics
      Supports the purchase of advanced medical equipment and facility improvements, including an ultrasound machine for high-resolution intestinal imaging at Lenox Hill Hospital and seven Stryker S3 MedSurg hospital beds for Nova Southeastern University’s nursing campus.
  • General Support for Catholic and Faith-Based Organizations 1 activity
    • Funding religious and community-based social services
      Supports faith-based organizations in delivering care to underserved populations, including the Archdiocese of Miami’s services for the sick, poor, elderly, and people with special needs.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding the establishment of endowed funds at academic institutions
      Funds the creation of permanent endowment funds to support academic research and programs, such as the Lola K. Antognini Accounting Research Endowment Fund at USC Leventhal School of Accounting.
financials · form 990PF · fy2024
revenue
Total revenue$2.43M
Contributions & grants
Program service revenue
Investment income$1.77M73%
Other revenue$654K
expenses
Total expenses$629K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$500K
Grants paid out$3.98M
balance sheet
Total assets$93.53M
Cash
Investments
Liabilities
Net assets$93.52M
5 years on record · 2020–2024 · YoY revenue -34.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
JEAN C STOUT PRESIDENT/TREASURER/DIRECTOR 35 $283K
JOAN M STOUT VP/SECRETARY/DIRECTOR 35 $206K
KATHLEEN A STOUT DIRECTOR 2 $6K
LOLA ANTOGNINI DIRECTOR 2 $6K
relationships · 11

Who they work with

  • CAMILLUS HOUSE Partner — Recipient of a $30,000 grant to purchase food in support of its mission.
  • CHURCH AND OF FRIARY ST FRANCIS OF ASSISI Partner — Recipient of a $25,000 grant for church repairs and maintenance.
  • DOMINCAN UNIVERSITY Partner — Recipient of a $79,190 grant for simulation equipment in its nursing education program.
  • IRISH REPERTORY THEATRE Partner — Recipient of a $25,000 grant to support its 2024–2025 fiscal season.
  • LENOX HILL HOSPITAL Partner — Recipient of two grants totaling $246,000 for a fellowship program and an advanced ultrasound machine with training.
  • MARIAN CENTER SCHOOLS AND SERVICES INC Partner — Recipient of a $37,500 grant to offset costs of replacing air conditioners.
  • NOVA SOUTH EASTERN UNIVERSITY Partner — Recipient of an $82,150 grant to purchase hospital beds for its nursing campus.
  • POINT PLEASANT FIRST AID AND EMERGENCY SQUAD Partner — Recipient of a $98,500 grant for equipment, supplies, and training.
  • THE ARCHDIOCESE OF MIAMI Partner — Recipient of a $50,000 grant to support services for the sick, poor, elderly, and special needs populations.
  • THE PUBLIC THEATRE Partner — Recipient of a $125,000 grant to support Delacorte Theater renovations.
  • USC LEVENTHAL SCHOOL OF ACCOUNTING Partner — Recipient of a $3 million grant to establish an accounting research endowment fund.