Hagedorn Fund XXXXX5004

Private foundation · Grantmaker Chicago, IL EIN: 13-6048718

HAGEDORN FUND XXXXX5004 is a private foundation based in Chicago, Illinois. Its listed grant areas include health, social services, youth, education, senior services, and housing and community development. It makes grants to charitable nonprofit organizations.

Key facts about Hagedorn Fund XXXXX5004

In short: Hagedorn Fund XXXXX5004 gave $2.0M across 43 grants in 2024 (avg $46K), mostly in New York. 9% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
13-6048718
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,970,000
Grants made (2024)
43
Average grant
$45,814
Median grant
$50,000
New grantees (estimate)
9% first-time grantees (4 of 43, 2024)
Total assets
$8,010,537
Primary geography
New York (100% of itemized 2024 grant dollars)
How to apply
The filing lists an online grant application form and JPMorgan Chase Bank N.A. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.0M

-5.6% YoY

Annual Giving

$2.0M

-45.7% YoY

Grant Count

43

-17.3% YoY

Avg Grant Size

$46K

-34.4% YoY

Under IRS private-foundation payout rules, Hagedorn Fund XXXXX5004 reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

Is Hagedorn Fund XXXXX5004 open to new grantees?

9%

first-time grantees, 2024

In 2024, 4 of 43 grantees (9%) were first-time recipients. First grants averaged $50K; repeat grants $45K. How we count

Medians: $50K first-time, $50K repeat.

  • 74% of 2024 grantees were also funded in 2023. Method
  • Giving fell 40% from 2021 to 2024. Method
  • In 2024 it paid out 105% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the fund is provided. Its listed funding areas include health (including cancer, HIV/AIDS, and blindness), social services, youth, education, senior services, and housing and community development.

Its 2024 grantees illustrate the kinds of organizations it supports. Riverdale Neighborhood House says it strengthens community in the northwest Bronx through programs responsive to local needs and connections across generations and backgrounds. The Children’s Village says it works to support children, teens, and families through family strengthening, community partnerships, programs, and connections to resources. Rocking the Boat describes teaching boatbuilding, rowing, and sailing while restoring the Bronx River and creating opportunities for young people. Citymeals-on-Wheels says it provides food and human company to homebound older New Yorkers. Venture House describes supporting the wellness and recovery of people living with mental illness, while Food Bank For New York City says it works to advance food security across the five boroughs.

Grantmaking

In 2024, the fund reported 43 grants totaling $1,970,000. Awards ranged from $5,000 to $70,000, with a median grant of $50,000. Among the largest were $70,000 each to Riverdale Neighborhood House and The Children’s Village, and $60,000 each to Venture House, Urban Dove, Food Bank For New York City, Rocking the Boat, and Citymeals-on-Wheels. The stated purpose for these grants was general.

Review Cycle

and no restrictions on awards.

Open Grants

1 open opportunity from Hagedorn Fund XXXXX5004

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Geographic Focus

Where this funder awards grants

All grant dollars in 2024 went to recipients in New York state, according to the reported recipient-state breakdown.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 43 itemized grants.

Cities

New YorkBronxBrooklynDobbs FerryJamaicaNanuetValhallaAuroraOwings Mills

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M63 grants2020 65 grants2021 61 grants2022 52 grants2023 43 grants2024

From 2020 to 2024, annual grant giving ranged from $2.0M (2024) to $3.7M (2022). In 2024 it made 43 grants totaling $2.0M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Riverdale Neighborhood House: $70KRiverdale Neighborhood House$70KThe Children's Village Inc: $70KThe Children's Village Inc$70KVenture House Inc: $60KVenture House Inc$60KUrban Dove Inc: $60KUrban Dove Inc$60KFood Bank for New York City: $60KFood Bank for New York City$60KRocking the Boat: $60KRocking the Boat$60KCitymeals-on-Wheels: $60KCitymeals-on-Wheels$60KNeighborhood Housing Services: $50KNeighborhood Housing Services$50KFountain House Inc: $50KFountain House Inc$50KMercy Center Inc: $50KMercy Center Inc$50K

The largest 2024 recipient was Riverdale Neighborhood House ($70K). Together the top 10 received $590K.

Grant Size Distribution

284 grants across all recorded years

95<$50K169$50–100K19$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 169 grants of 284 (60%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Riverdale Neighborhood House Bronx, NYGeneral$70,000
The Children's Village Inc Dobbs Ferry, NYGeneral$70,000
Venture House Inc Jamaica, NYGeneral$60,000
Urban Dove Inc New York, NYGeneral$60,000
Food Bank for New York City New York, NYGeneral$60,000
Rocking the Boat Bronx, NYGeneral$60,000
Citymeals-on-Wheels New York, NYGeneral$60,000
Neighborhood Housing Services New York, NYGeneral$50,000
Fountain House Inc Bronx, NYGeneral$50,000
Mercy Center Inc Bronx, NYGeneral$50,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $8,010,537 $1,849,959 $2,326,951 $1,970,000 43
2023 $8,486,219 $1,828,032 $3,977,246 $3,630,000 52
2022 $10,547,871 $1,210,858 $4,051,489 $3,689,000 61
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$8,010,537$8,486,219$10,547,871
Revenue$1,849,959$1,828,032$1,210,858
Expenses$2,326,951$3,977,246$4,051,489
Qualifying Distributions$2,182,609$3,856,698$3,920,287
Net Investment Income$1,740,709$1,727,058$1,100,825
Distributable Amount$2,079,964$2,589,823$3,444,592

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Malcolm E. Martin and H. Hedley Stothers Jr. as co-trustees.

Hagedorn Fund XXXXX5004's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • H. Hedley Stothers Jr.

    Co-Trustee

    On filings since 2020

    5 hrs/week

    $64K (2020) → $52K (2024)

  • Malcolm E. Martin

    Co-Trustee

    On filings since 2020

    5 hrs/week

    $64K (2020) → $52K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Malcolm E Martin — Co-Trustee: $52KMalcolm E MartinCo-Trustee$52KH Hedley Stothers Jr — Co-Trustee: $52KH Hedley Stothers JrCo-Trustee$52K

The highest reported compensation on the 2024 filing was $52K, to Malcolm E Martin (Co-Trustee). 2 officers or directors reported compensation on that filing.

Contact

Application contact: Jp Morgan Chase Bank N A
Mailing address: 10 S Dearborn Il1-0111, Chicago, IL 60603
Phone: (800) 496-2583

Frequently asked questions about Hagedorn Fund XXXXX5004

How much does Hagedorn Fund XXXXX5004 give each year?

Hagedorn Fund XXXXX5004 gave $2.0M across 43 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.6M across 52 grants.

What is Hagedorn Fund XXXXX5004's typical grant size?

Hagedorn Fund XXXXX5004's median grant in 2024 was $50,000, and its average grant was $45,814, across 43 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hagedorn Fund XXXXX5004 that year got $50K on average.

Where does Hagedorn Fund XXXXX5004 give grants?

Hagedorn Fund XXXXX5004 gives mostly in New York: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were New York, NY (28 grants) and Bronx, NY (11 grants).

Does Hagedorn Fund XXXXX5004 give general operating support?

Yes: 100% of Hagedorn Fund XXXXX5004's 2024 grants with a stated purpose (43 of 43) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Hagedorn Fund XXXXX5004's largest grantees?

Hagedorn Fund XXXXX5004's largest 2024 grantees include Riverdale Neighborhood House ($70,000), The Children's Village Inc ($70,000) and Venture House Inc ($60,000), according to its 2024 IRS Form 990-PF. Together they received 10% of its itemized 2024 grant dollars.

How large is Hagedorn Fund XXXXX5004?

Hagedorn Fund XXXXX5004 reported $8.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.2M in qualifying distributions that year, against a required minimum of $2.1M (roughly 5% of its investment assets).

What does Hagedorn Fund XXXXX5004 fund?

No mission statement for the fund is provided. Its listed funding areas include health (including cancer, HIV/AIDS, and blindness), social services, youth, education, senior services, and housing and community development. See mission & focus areas ↑

How do I apply for a grant from Hagedorn Fund XXXXX5004?

The filing lists an online grant application form and JPMorgan Chase Bank N.A. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Hagedorn Fund XXXXX5004's EIN?

Hagedorn Fund XXXXX5004's EIN (Employer Identification Number) is 13-6048718. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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