Hagan Family Fund

GREENSBORO, NC EIN: 56-1905696

Hagan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 44 grants totaling $120K. Net investment income was $68K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-8.1% YoY

Annual Giving

$120K

+11.3% YoY

Grant Count

44

-8.3% YoY

Avg Grant Size

$3K

+21.4% YoY

Under IRS private-foundation payout rules, Hagan Family Fund reported a distributable amount of $129K for 2024 — the minimum it must pay out in qualifying distributions.

About Hagan Family Fund

Based on IRS filings

Hagan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 44 grants totaling $120K. Net investment income was $68K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

BaltimoreBedfordBostonBronxvilleCaryCharlottesvilleChestertownDenverDurhamForestGibson IslandGlen BurnieGreensboroHagerstownHartsdaleHigh PointHoustonKennett SquareLaguna HillsLynchburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$207K$414K$621K$828K20202021202220232024
Metric202420232022
Total Assets$1,720,498$1,872,673$1,958,265
Revenue$3,268$55,802$119,699
Expenses$155,443$141,394$156,637
Qualifying Distributions$120,000$107,800$117,000
Net Investment Income$67,881$70,121$119,699
Distributable Amount$128,615$113,264$111,854

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$60K$90K$120K45 grants202051 grants202147 grants202248 grants202344 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GREENSBORO DAY SCHOOL$25KNATURAL SCIENCE CENTER O…$25KLIVING CLASSROOMS FOUNDA…$20KVIRGINIA EPISCOPAL SCHOOL$6KVIRGINIA EPISCOPAL SCHOOL$5KCOMMUNITY FOUNDATION OF …$3KEAGLE'S NEST FOUNDATION$3KBALTIMORE WASHINGTON MED…$2KGARFIELD CENTER FOUNDATION$2KGREENSBORO DAY SCHOOL$2K

Grant Size Distribution

234 grants across all recorded years

234<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greensboro Day School ($25,000), Natural Science Center of Greensboro ($25,000), Living Classrooms Foundation ($20,000).

RecipientPurposeAmount
BACKPACK BEGINNINGS GREENSBORO, NCGENERAL SUPPORT$500
BALTIMORE PUBLIC MEDIA BALTIMORE, MDGENERAL SUPPORT$1,200
BALTIMORE ROCK OPERA SOCIETY BALTIMORE, MDGENERAL SUPPORT$1,300
BALTIMORE WASHINGTON MEDICAL CENTER FOUNDATION GLEN BURNIE, MDGENERAL SUPPORT$2,000
BLUE WATER BALTIMORE BALTIMORE, MDGENERAL SUPPORT$1,300
BLUE WATER BALTIMORE BALTIMORE, MDGENERAL SUPPORT$300
CALVERT SCHOOL BALTIMORE, MDGENERAL SUPPORT$300
COLLEGE FOUNDATION OF THE UNIVERSITY OF VIRGINIA CHARLOTTESVILLE, VAGENERAL SUPPORT$300
COMMUNITY FOUNDATION OF GREATER GREENSBORO INC GREENSBORO, NCWOMEN TO WOMEN ENDOWMENT FUND$3,000
COMMUNITY FOUNDATION OF GREATER GREENSBORO INC GREENSBORO, NCWOMEN TO WOMEN ENDOWMENT FUND$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CHARLES T HAGAN IIIPRESIDENT/DIRECTOR0.1
ANNE B HAGANVICE PRESIDENT/DIRECTOR0.1
JOHN C HAGANVICE PRESIDENT/DIRECTOR0.1
DAVID B HAGANVICE PRESIDENT/DIRECTOR0.1
HENRY G HAGANVICE PRESIDENT/DIRECTOR0.1
BLAIR C HAGANVICE PRESIDENT/DIRECTOR0.1
JEANETTE C HAGANVICE PRESIDENT/DIRECTOR0.1
CHARLES T HAGAN IVVICE PRESIDENT/DIRECTOR0.1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hagan Family Fund?

Hagan Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENSBORO, NC. It holds $1.7M in total assets as of 2024.

How large is Hagan Family Fund?

As of 2024, Hagan Family Fund holds $1.7M in total assets with $3K in annual revenue. It awarded 44 grants totaling $120K in 2024.

Where does Hagan Family Fund operate?

Hagan Family Fund has awarded grants in California, Colorado, Delaware, Massachusetts, Maryland, Minnesota, North Carolina, New Hampshire, New York, Pennsylvania, Texas, Virginia.

What size grants does Hagan Family Fund award?

In 2024, Hagan Family Fund awarded 44 grants totaling $120K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Hagan Family Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hagan Family Fund reported a distributable amount of $129K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hagan Family Fund's EIN?

Hagan Family Fund's EIN (Employer Identification Number) is 56-1905696. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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