Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 07-01-2023 , and ending 06-30-2024
Name of foundation
HUGHES MEMORIAL HOME
 
Number and street (or P.O. box number if mail is not delivered to street address)223 RIVERVIEW DRIVE SUITE I
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DANVILLE, VA24541
A Employer identification number

54-0519574
B Telephone number (see instructions)

(434) 799-2412
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$9,468,892J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 94
2 Check right arrow.............
3 Interest on savings and temporary cash investments 2,557 2,557  
4 Dividends and interest from securities... 178,174 178,174  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 515,661
b Gross sales price for all assets on line 6a 2,663,580
7 Capital gain net income (from Part IV, line 2)... 515,661
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
3,239 3,239  
12 Total. Add lines 1 through 11........ 699,725 699,631  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 106,261 10,626   95,635
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 3,661 366   3,295
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
278 0   278
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
15,260 3,108   12,152
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
25,183 5,224   11,150
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
1,875 0  
20 Occupancy.............. 5,393 0   5,393
21 Travel, conferences, and meetings....... 68 0   68
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
79,838 46,558   33,280
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 237,817 65,882   161,251
25 Contributions, gifts, grants paid....... 375,688 532,239
26 Total expenses and disbursements. Add lines 24 and 25 613,505 65,882   693,490
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 86,220
b Net investment income (if negative, enter -0-) 633,749
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 533,714 414,571 414,571
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 21,687 11,515 15,115
10a Investments—U.S. and state government obligations (attach schedule) 518,375 Click to see attachment
List of Attached Documents:
// Content
548,944 		538,642
b Investments—corporate stock (attach schedule)....... 3,242,136 Click to see attachment
List of Attached Documents:
// Content
3,065,882 		5,085,575
c Investments—corporate bonds (attach schedule)....... 854,813 Click to see attachment
List of Attached Documents:
// Content
1,060,569 		1,053,767
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow143,661
Less: accumulated depreciation (attach schedule) right arrow18,778 126,759 Click to see attachment
List of Attached Documents:
// Content
124,883 		2,361,222
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,297,484 5,226,364 9,468,892
Liabilities 17 Accounts payable and accrued expenses.......... 3,794  
18 Grants payable................. 579,539 418,488
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
3,209 		Click to see attachment
List of Attached Documents:
// Content
8,498
23 Total liabilities (add lines 17 through 22)......... 586,542 426,986
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 4,710,667 4,799,009
25 Net assets with donor restrictions............ 275 369
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 4,710,942 4,799,378
30 Total liabilities and net assets/fund balances (see instructions). 5,297,484 5,226,364
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
4,710,942
2
Enter amount from Part I, line 27a .....................
2
86,220
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
2,216
4
Add lines 1, 2, and 3 ..........................
4
4,799,378
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
4,799,378
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a VARIOUS PUBLICALLY TRADED SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,663,580   2,147,919 515,661
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       515,661
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 515,661
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 8,809
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 8,809
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 8,809
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 3,600
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 3,600
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 5,209
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowVA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.HUGHESMEMORIALFOUNDATION.ORG
14
The books are in care ofright arrowHUGHES MEMORIAL HOME Telephone no.right arrow (434) 799-2412

Located atright arrowPO BOX 10400DANVILLEVA ZIP+4right arrow24540
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
RAY BEALE JR PRESIDENT
5.00 		0 0 0
129 WESTMORELAND CT
DANVILLE,VA24541
RUFUS LEWIS VICE PRESIDENT
4.00 		0 0 0
1081 POPLAR TRACE
DANVILLE,VA24540
RODNEY REYNOLDS TREASURER
4.00 		0 0 0
5013 COBBLESTONE DRIVE
DANVILLE,VA24540
BECKY MEADEMA SECRETARY
1.00 		0 0 0
53 OLD FARM ROAD
DANVILLE,VA24541
BRENNA TAKATA TRUSTEE
4.00 		0 0 0
5008 COBBLESTONE DRIVE
DANVILLE,VA24541
EDWARD BLOUNT TRUSTEE
1.00 		0 0 0
508 OXFORD PLACE
DANVILLE,VA24541
KIM CLIFTON TRUSTEE
1.00 		0 0 0
1006 BRANDON COURT
DANVILLE,VA24541
RHONDA GRIFFIN TRUSTEE
1.00 		0 0 0
24 MILITARY DRIVE
CHATHAM,VA24531
CYNTHIA HOLLOWAY TRUSTEE
1.00 		0 0 0
363 HINES HATCHET ROAD
YANCEYVILLE,NC27379
SHELBY IRVING TRUSTEE
1.00 		0 0 0
600 LYNN STREET
DANVILLE,VA24541
PAUL JOHNSON TRUSTEE
1.00 		0 0 0
320 HAWTHORNE DRIVE
DANVILLE,VA24540
MARK MOORE TRUSTEE
1.00 		0 0 0
272 OLD SHOPPE ROAD
DRY FORK,VA24549
KENT SHELTON TRUSTEE
1.00 		0 0 0
201 CATHY DRIVE
DANVILLE,VA24540
WENDY SHIELDS TRUSTEE
1.00 		0 0 0
992 PLEASANT GAP DRIVE
DRY FORK,VA24549
HOUSTON STUTZ TRUSTEE
1.00 		0 0 0
1000 IRISBURG ROAD
AXTON,VA24054
WALTER SULLIVAN TRUSTEE
1.00 		0 0 0
624 POCAHONTAS ROAD
DANVILLE,VA24540
DAVE ZOOK TRUSTEE
1.00 		0 0 0
417 BRIDGE STREET
DANVILLE,VA24540
ALBERT RAWLEY TRUSTEE
1.00 		0 0 0
187 ACORN LANE
DANVILLE,VA24541
CHRIS EASTWOOD TRUSTEE
1.00 		0 0 0
1295 S BOSTON ROAD
DANVILLE,VA24540
LINDA OWENS CHIEF FINANCIAL OFFICER
24.00 		0 0 0
223 RIVERVIEW DRIVE STE I
DANVILLE,VA24540
AMY C BAILY EXECUTIVE DIRECTOR
40.00 		0 0 0
223 RIVERVIEW DRIVE STE I
DANVILLE,VA24540
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
AMY C BAILEY EXECUTIVE DIRECTOR
40.00 		60,840 0 0
230 MAY HARDY ROAD
CASCADE,VA24069
LINDA B OWENS CHIEF FINANCIAL OFFI
20.00 		45,422 0 0
7600 OLD RICHMOND ROAD
DANVILLE,VA24540
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 GRANT PROGRAM PROVIDES GRANTS AND COLLEGE SCHOLARSHIPS TO VARIOUS PUBLIC CHARITIES AND EDUCATIONAL INSITUTIONS WHICH SPECIFICALLY PROVIDE EDUCATION, CARE, TRAINING AND NUTURING TO NEEDY AND/OR AT-RISK CHILDREN. 532,347
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
6,409,342
b
Average of monthly cash balances.......................
1b
387,180
c
Fair market value of all other assets (see instructions)................
1c
2,365,000
d
Total (add lines 1a, b, and c).........................
1d
9,161,522
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
9,161,522
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
137,423
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
9,024,099
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
451,205
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
451,205
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
8,809
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
8,809
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
442,396
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
442,396
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
442,396
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
693,490
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
693,490
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 442,396
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020...... 16,523
d From 2021...... 67,623
e From 2022...... 126,067
f Total of lines 3a through e ........ 210,213
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 693,490
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 442,396
e Remaining amount distributed out of corpus 251,094
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 461,307
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		461,307
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020.... 16,523
c Excess from 2021.... 67,623
d Excess from 2022.... 126,067
e Excess from 2023.... 251,094
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
AMY C BAILEY
223 RIVERVIEW DRIVE SUITE I
DANVILLE,VA24541
(434) 799-2412
bThe form in which applications should be submitted and information and materials they should include:
SCHOLARSHIP AND GRANT REQUESTS ARE SUBMITTED ONLINE THROUGH THE ORGANIZATION'S WEBSITE AT WWW.HUGHESMEMORIALFOUNDATION.ORG. THE SCHOLARSHIP APPLICATION IS ACCESSIBLE DURING THE PERIOD BEGINNING FEBRUARY 1 AND ENDING APRIL 1 OF EACH YEAR. GRANT APPLICATIONS ARE ACCESSIBLE ONLINE BEGINNING JULY 1 AND ENDING SEPTEMBER 1 EACH YEAR.
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
AWARDS ARE GRANTED ONLY IF THE FUNDS WILL BE USED TO BENEFIT NEEDY OR AT-RISK CHILDREN.
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

AVERETT UNIVERSITY

420 WEST MAIN STREET
DANVILLE,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 40,375

BIG BROTHERS BIG SISTERS

1005 N MAIN ST
DANVILLE,VA24540 		NONE PUBLIC CHARITY PROGRAM SERVICES 4,539

BRIDGEWATER COLLEGE

COLLEGE BOX 27
BRIDGEWATER,VA22812 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,250

CAMPBELL UNIVERSITY

143 MAIN STREET
BUIES CREEK,NC27506 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 750

CASWELL COUNTY PARISH

1038 MAIN STREET
YANCEYVILLE,NC27379 		NONE PUBLIC CHARITY PROGRAM FUNDING FOR BACKPACKS 25,724

CENTRAL VIRGINIA COMM COLLEGE

3506 WARDS ROAD
LYNCHBURG,VA24502 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

CITY OF DANVILLE

125 N FLOYD ST
DANVILLE,VA24541 		NONE MUNICIPALITY CHILDREN'S PLAYGROUND 100,000

COLLEGE OF SOUTHEASTERN

PO BOX 1889
WAKE FOREST,NC27588 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

COLLEGE OF WILLIAM & MARY

PO BOX 8795
WILLIAMSBURG,VA231878795 		NONE EDUCATIONAL EDUCEDUEDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 5,000

DANVILLE CHURCH BASED TUTORIAL PROGRAM

498 ARNETT BLVD
DANVILLE,VA24540 		NONE PUBLIC CHARITY EDUCATIONAL COMPUTERS AND SUPPLIES 18,250

DANVILLE COMMUNITY COLLEGE

1008 SOUTH MAIN STREET
DANVILLE,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 14,250

DANVILLE PITTSYLVANIA COMMUNITY SERVICES BOARD

245 HAIRSTON ST
DANVILLE,VA24540 		NONE PUBLIC CHARITY ACTVITIES AND DEVICES FOR SPECIAL NEEDS 5,272

FERRUM COLLEGE

PO BOX 1000
FERRUM,VA24088 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

FOOD FOR KIDS

PO BOX 674
BEDFORD,VA24523 		NONE PUBLIC CHARITY BACKPACK PROGRAM 10,000

FURMAN UNIVERSITY

3300 POINSETT HIGHWAY
GREENVILLE,SC29613 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

GEORGE MASON UNIVERSITY

4400 UNIVERSITY DR
FAIRFAX,VA22030 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 7,750

GEORGE WASHINGTON UNIVERSITY

45155 RESEARCH PLACE SUITE 250
ASHBURN,VA20147 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

GOD'S STOREHOUSE

750 MEMORIAL DRIVE
DANVILLE,VA24541 		NONE PUBLIC CHARITY PROGRAM FUNDING 2,000

GUILFORD COLLEGE

5800 W FRIENDLY AVE
GREENSBORO,NC27410 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

HAMPDEN SYDNEY UNIVERSITY

172 VIA SACRA
HAMPDEN SYDNEY,VA23943 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 3,000

HOLLINS UNIVERSITY

7916 WILLIAMSON RD
ROANOKE,VA24020 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

IMPACT LIVING SERVICES

PO BOX 545
FOREST,VA24551 		NONE PUBLIC CHARITY THERAPY SUPPLIES 1,722

JAMES MADISON UNIVERSITY

WARREN HALL ROOM 302 MSC 3516
HARRISONBURG,VA22807 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 12,500

JOHNSON BIBLE COLLEGE

7900 JOHNSON DRIVE
KNOXVILLE,TN37998 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

KIDS AND PROS

PO BOX 2093
BUFORD,GA30515 		NONE PUBLIC CHARITY PROGRAM FUNDING 5,000

LIBERTY UNIVERSITY

1971 UNIVERSITY BLVD
LYNCHBURG,VA24502 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 31,313

LONGWOOD UNIVERSITY

201 HIGH STREET
FARMVILLE,VA23909 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 22,250

MOREHEAD STATE UNIVERSITY

121 E SECOND ST
MOREHEAD,KY40351 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

NORFOLK STATE UNIVERSITY

700 PARK AVENUE
NORFOLK,VA23504 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,000

NORTH CAROLINA A&T

1601 E MARKET STREET
GREENSBORO,NC27411 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

NORTH CAROLINA STATE

BOX 7302
RALEIGH,NC276957302 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,500

NORTHERN VA COMM COLLEGE

8333 LITTLE RIVER TURNPIKE
ANNANDALE,VA22003 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

OLD DOMINION UNIVERSITY

ALFRED ROLLINS HALL
NORFOLK,VA23529 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 11,000

PATRICK HENRY COMMUNITY COLLEGE

PO BOX 5311
MARTINSVILLE,VA24115 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 6,750

PPL FOUNDATION

PO BOX 814
CHATHAM,VA24531 		NONE PUBLIC CHARITY LIBRARY CHILDREN'S READING AREA 45,000

RADFORD UNIVERSITY

EAST MAIN STREET
RADFORD,VA24142 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 19,500

RANDOLPH COLLEGE

2500 RIVERMONT AVENUE
LYNCHBURG,VA24503 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

ROANOKE COLLEGE

221 COLLEGE LANE
ROANOKE,VA24153 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,500

SALEM COLLEGE

601 S CHURCH STREET
WINSONSALEM,NC27101 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

SOUTHSIDE AREA TENNIS ASSOCIATION

163 HAWTHORNE DR
DANVILLE,VA24541 		NONE PUBLIC CHARITY SUPPLIES 3,919

SOUTHSIDE VA COMM COLLEGE

109 CAMPUS DRIVE
ALBERTA,VA23821 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

SOVAH HEALTH SCHOOL

109 BRIDGE ST SUITE 200
DANVILLE,VA24540 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 11,500

UNIVERSITY OF CHARLESTON

2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

UNIVERSITY OF LYNCHBURG

1501 LAKESIDE DRIVE
LYNCHBURG,VA24501 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 6,500

UNIVERSITY OF MARY WASHINGTON

1301 COLLEGE AVE
FREDRICKSBURG,VA22401 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

UNIVERSITY OF NORTH CAROLINA - WILMINGTON

601 S COLLEGE ROAD
WILMINGTON,NC284035951 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

UNIVERSITY OF NORTH CAROLINA CHARLOTTE

9201 UNIVERSITY CITY BOULVARD
CHARLOTTE,NC28223 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

UNIVERSITY OF RICHMOND

142 UR DRIVE
RICHMOND,VA23173 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 625

UNIVERSITY OF SOUTH CAROLINA

1244 BLOSSOM STREET SUITE 106
COLUMBIA,SC29208 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

UNIVERSITY OF TENNESSE

211 STUDENT SERVICES BLDG
KNOXVILLE,TN37996 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

UNIVERSITY OF VA WISE

1 COLLEGE AVENUE
WISE,VA24293 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

UNIVERSITY OF VIRGINIA

PO BOX 400204
CHARLOTTESVILLE,VA22904 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 34,500

VIRGINIA COMMONWEALTH UNIVERSITY

827 W FRANKLIN ST RM 123
RICHMOND,VA23284 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 6,000

VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY

150 STUDENT SERVICE BUILDING
BLACKSBURG,VA24061 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 24,500

VIRGINIA STATE UNIVERSITY

PO BOX 9031
PETERSBURG,VA23806 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

WILLIAM PEACE UNIVERSITY

15 E PEACE STREET
RALEIGH,NC27604 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,000
Total .................................right arrow 3a 532,239
bApproved for future payment

AVERETT UNIVERSITY
420 WEST MAIN STREET
DANVILLE,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 43,000

BIG BROTHERS BIG SISTERS
1005 N MAIN ST
DANVILLE,VA24540 		NONE PUBLIC CHARITY CAREER REDINESS PROGRAM 5,000

BLUEFIELD COLLEGE
3000 COLLEGE DRIVE
BLUEFIELD,VA24605 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

BOYCE COLLEGE
2825 LEXINGTON ROAD
LOUISVILLE,KY40280 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

BRIDGEWATER COLLEGE
COLLEGE BOX 27
BRIDGEWATER,VA22812 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,250

CENTRAL VIRGINIA COMM COLLEGE
3506 WARDS ROAD
LYNCHBURG,VA24502 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

CIC-HEADSTART
540 HOLBROOK ST
DANVILLE,VA24541 		NONE PUBLIC CHARITY ASSIST WITH COST OF ASBESTOS REMOVAL 10,000

COASTAL CAROLINA UNIVERSITY
PO BOX 261954
CONWAY,SC295286504 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

COLLEGE OF WILLIAM & MARY
200 STADIUM DR
WILLIAMSBURG,VA23185 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,500

DANVILLE COMMUNITY COLLEGE
1008 SOUTH MAIN STREET
DANVILLE,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 14,625

EMORY & HENRY COLLEGE
30461 GARNAND DRIVE
EMORY,VA24327 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

FERRUM COLLEGE
PO BOX 1000
FERRUM,VA24088 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,000

FORSYTH TECH COMMUNITY COLLEGE
2100 SILAS CREEK PKWY
WINSTONSALEM,NC27103 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

FURMAN UNIVERSITY
3300 POINSETT HIGHWAY
GREENVILLE,SC29613 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

GEORGE MASON UNIVERSITY
4400 UNIVERSITY DR
FAIRFAX,VA22030 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 6,500

GEORGE WASHINGTON UNIVERSITY
45155 RESEARCH PLACE SUITE 250
ASHBURN,VA20147 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

GOD'S STOREHOUSE
750 MEMORIAL DRIVE
DANVILLE,VA24541 		NONE PUBLIC CHARITY PROGRAM FUNDING 18,000

GUILFORD COLLEGE
5800 W FRIENDLY AVE
GREENSBORO,NC27410 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

HAMPDEN SYDNEY UNIVERSITY
PO BOX 726
HAMPDEN SYDNEY,VA23668 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 5,000

IMPACT LIVING SERVICES
PO BOX 545
FOREST,VA24551 		NONE PUBLIC CHARITY THERAPY SUPPLIES 3,278

JAMES MADISON UNIVERSITY
ROOM 302 MSC 3516
HARRISONBURG,VA22807 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 14,000

JOHNSON UNIVERSITY
7900 JOHNSON DRIVE
KNOXVILLE,TN37998 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

KIDS AND PROS
PO BOX 2093
BUFORD,GA30515 		NONE PUBLIC CHARITY PROGRAM FUNDING 5,000

LIBERTY UNIVERSITY
1971 UNIVERSITY BLVD
LYNCHBURG,VA24502 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 29,750

LONGWOOD UNIVERSITY
201 HIGH STREET
FARMVILLE,VA23909 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 17,250

MOREHEAD STATE UNIVERSITY
121 E SECOND ST
MOREHEAD,KY40351 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

MOREHOUSE COLLEGE
830 WESTVIEW DR SW
ATLANTA,GA30314 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

NORFOLK STATE UNIVERSITY
700 PARK AVENUE
NORFOLK,VA23504 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

NORTH CAROLINA A&T
1601 E MARKET STREET
GREENSBORO,NC27411 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

NORTH CAROLINA STATE
CAMPUS BOX 7103
RALEIGH,NC276957103 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,500

OLD DOMINION UNIVERSITY
ALFRED ROLLINS HALL
NORFOLK,VA23529 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 10,250

RADFORD UNIVERSITY CARILLION
101 ELM AVE
ROANOKE,VA24013 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

RADFORD UNIVERSITY
PO BOX 6905
RADFORD,VA24142 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 16,000

SOVAH HEALTH SCHOOL
109 BRIDGE ST SUITE 200
DANVILLE,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 8,000

UNIVERSITY OF CHARLESTON
2300 MACCORKLE AVE SE
CHARLESTON,WV25304 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

UNIVERSITY OF LYNCHBURG
1501 LAKESIDE DRIVE
LYNCHBURG,VA24501 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 3,000

UNIVERSITY OF NORTH CAROLINA - GREENSBORO
1400 SPRING GARDEN STREET
GREENSBORO,NC27412 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,000

UNIVERSITY OF SOUTH CAROLINA
1600 HAMPTON ST
COLUMBIA,SC29208 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 750

UNIVERSITY OF TENNESSE
211 STUDENT SERVICES BLDG
KNOXVILLE,TN37996 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,500

UNIVERSITY OF VA WISE
1 COLLEGE AVENUE
WISE,VA24293 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,500

UNIVERSITY OF VIRGINIA
PO BOX 400204
CHARLOTTESVILLE,VA22904 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 27,000

VARIOUS COLLEGE AND UNIVERSITY SCHOLARSHIPS APPROVED FOR FUTURE PAYMENT
VARIOUS
VARIOUS,VA24541 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 58,250

VIRGINIA COMMONWEALTH UNIVERSITY
827 W FRANKLIN ST RM 123
RICHMOND,VA23284 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 2,000

VIRGINIA POLYTECHNIC INSTITUTE & STATE UNIVERSITY
150 STUDENT SERVICES BLDG
BLACKSBURG,VA24061 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 15,000

VIRGINIA STATE UNIVERSITY
1 HAYDEN STREET
PETERSBURG,VA23806 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 1,000

WILLIAM PEACE UNIVERSITY
15 E PEACE STREET
RALEIGH,NC27604 		NONE EDUCATIONAL EDUCATIONAL SCHOLARSHIPS TO DESERVING STUDENTS 4,000

YMCA
215 RIVERSIDE DRIVE
DANVILLE,VA24540 		NONE PUBLIC CHARITY ASSIST WITH VAN PURCHASE 10,000
Total ................................. right arrow 3b 376,403
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 2,557  
4 Dividends and interest from securities ....     14 178,174  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 3,239  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 515,661  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 699,631 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
699,631
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 15,260 3,108   12,152

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 DepreciationSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
LAND 1950-01-01 18,402   L   0 0    
LAND 1984-01-01 1,761   L   0 0    
LAND IMPROVEMENTS 2008-09-10 40,900   L   0 0    
DELL LAPTOP COMPUTER 2011-01-23 1,891 1,891 SL 5.000000000000 0 0    
OFFICE TABLE 2012-02-07 200 200 SL 7.000000000000 0 0    
SHREDDER 2012-02-21 250 250 SL 5.000000000000 0 0    
WINDOW TREATMENTS 2012-06-19 500 500 SL 7.000000000000 0 0    
EXECUTIVE DESK 2012-07-01 1,500 1,500 SL 7.000000000000 0 0    
END TABLE/COFFEE TABLE 2012-07-01 300 300 SL 7.000000000000 0 0    
DESK SIDE CHAIR 2012-07-01 150 150 SL 7.000000000000 0 0    
SINGLE CHAIR 2012-07-01 100 100 SL 7.000000000000 0 0    
LOUVER ROOM DIVIDERS 2012-07-01 150 150 SL 7.000000000000 0 0    
LAMP 2012-07-01 75 75 SL 7.000000000000 0 0    
STORAGE SHELVES 2012-07-01 150 150 SL 7.000000000000 0 0    
SMALL REFRIGERATOR 2012-07-01 200 200 SL 7.000000000000 0 0    
COFFEE MAKER 2012-07-01 100 100 SL 7.000000000000 0 0    
BOARD ROOM CHAIRS 2012-07-05 483 483 SL 7.000000000000 0 0    
SHELVING UNIT 2013-03-25 738 738 SL 7.000000000000 0 0    
HP 7520 PRINTER/SCANNER 2013-10-30 249 249 SL 5.000000000000 0 0    
SAFCO ROLLING FILE CABINET 2013-12-18 337 337 SL 7.000000000000 0 0    
LIGHTING IN OFFICES 2014-12-30 1,900 1,079 SL 15.000000000000 127 0    
MICROSOFT SURFACE 2016-02-03 1,241 1,241 SL 5.000000000000 0 0    
DELL LATTITUDE 15 5000 2016-08-16 1,253 854 SL 10.000000000000 125 0    
DELL LATTITUDE 14 5000 2016-12-14 1,690 1,113 SL 10.000000000000 169 0    
LAND IMPROVEMENTS 2006-01-12 38,855   L   0 0    
NEW ROAD 2007-07-26 19,673   L   0 0    
DELL COMPUTER 2020-05-04 1,396 883 SL 5.000000000000 279 0    
COPIER 2022-06-07 3,964 859 SL 5.000000000000 793 0    
DELL OPTIPLEX 3000 2023-02-01 1,912 159 SL 5.000000000000 382 0    

TY 2023 InvestmentsCorpBondsSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Name of Bond End of Year Book Value End of Year Fair Market Value
  1,060,569 1,053,767

TY 2023 InvestmentsCorpStockSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Name of Stock End of Year Book Value End of Year Fair Market Value
  3,065,882 5,085,575

TY 2023 InvestmentsGovtObligationsSch
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
US Government Securities - End of Year Book Value:

498,551
US Government Securities - End of Year Fair Market Value:

494,074
State & Local Government Securities - End of Year Book Value:


50,393
State & Local Government Securities - End of Year Fair Market Value:


44,568


TY 2023 LandEtcSchedule2
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
LAND 18,402 0 18,402  
LAND 1,761 0 1,761  
LAND IMPROVEMENTS 40,900 0 40,900  
DELL LAPTOP COMPUTER 1,891 1,891 0  
OFFICE TABLE 200 200 0  
SHREDDER 250 250 0  
WINDOW TREATMENTS 500 500 0  
EXECUTIVE DESK 1,500 1,500 0  
END TABLE/COFFEE TABLE 300 300 0  
DESK SIDE CHAIR 150 150 0  
SINGLE CHAIR 100 100 0  
LOUVER ROOM DIVIDERS 150 150 0  
LAMP 75 75 0  
STORAGE SHELVES 150 150 0  
SMALL REFRIGERATOR 200 200 0  
COFFEE MAKER 100 100 0  
BOARD ROOM CHAIRS 483 483 0  
SHELVING UNIT 738 738 0  
HP 7520 PRINTER/SCANNER 249 249 0  
SAFCO ROLLING FILE CABINET 337 337 0  
LIGHTING IN OFFICES 1,900 1,206 694  
MICROSOFT SURFACE 1,241 1,241 0  
DELL LATTITUDE 15 5000 1,253 979 274  
DELL LATTITUDE 14 5000 1,690 1,282 408  
WEBSITE DESIGN 3,340 3,340 0  
LAND IMPROVEMENTS 38,855 0 38,855  
NEW ROAD 19,673 0 19,673  
DELL COMPUTER 1,396 1,162 234  
COPIER 3,964 1,652 2,312  
DELL OPTIPLEX 3000 1,912 541 1,371  


TY 2023 LegalFeesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 278 0   278


TY 2023 OtherExpensesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT EXPENSES 46,326 46,326   0
OFFICE 4,350 0   4,350
POSTAGE 388 0   388
TELEPHONE 2,951 0   2,951
INSURANCE 8,355 0   8,355
ADVERTISING 9,438 0   9,438
MEETING EXPENSE 1,161 232   929
DUES 1,404 0   1,404
REPAIRS & MAINTENANCE 5,465 0   5,465


TY 2023 OtherIncomeSchedule2
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 3,239 3,239 3,239


TY 2023 OtherIncreasesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Description Amount
TO ADJUST CARRYING COST 2,216


TY 2023 OtherLiabilitiesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Description Beginning of Year - Book Value End of Year - Book Value
ACCRUED SALARIES AND COMPENSATED ABSENCES 3,209 3,289
ACCRUED EXCISE TAX ON INVESTMENT INCOME 0 5,209


TY 2023 TaxesSchedule
Name:
HUGHES MEMORIAL HOME
EIN:
54-0519574
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROPERTY TAXES 7,421 3,582   3,839
TAX ON NET INVESTMENT INCOME 8,809 0   0
PAYROLL TAXES 8,123 812   7,311
FOREIGN TAX WITHHELD FROM DIVIDENDS 830 830   0