Hager Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $66K. Net investment income was $32K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+8.5% YoY
Annual Giving
$66K
-60.4% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$13K
-68.3% YoY
Under IRS private-foundation payout rules, Hager Foundation reported a distributable amount of $69K for 2024 — the minimum it must pay out in qualifying distributions.
About Hager Foundation
Based on IRS filings
Hager Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 5 grants totaling $66K. Net investment income was $32K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,069,900 | $986,491 | $1,011,637 |
| Revenue | $167,356 | $153,158 | $145,431 |
| Expenses | $81,906 | $178,898 | $73,893 |
| Qualifying Distributions | $66,100 | $166,100 | $60,600 |
| Net Investment Income | $31,918 | $20,260 | $13,146 |
| Distributable Amount | $68,683 | $57,419 | $53,688 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include George Hager Donor Advised Fund ($60,000), Ocean City Yacht Club Fdn Inc ($2,000), Gary and Vivienne Player Foundation ($1,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BRINGING HOPE HOME KIDS Malvern, PA | CANCER SUPPORT | $1,000 |
| GEORGE HAGER DONOR ADVISED FUND LITTLE FALLS, NJ | CHARITABLE | $60,000 |
| B INSPIRED PHILADELPHIA INC PHILADELPHIA, PA | SUPPORT OF DAILY | $1,000 |
| OCEAN CITY YACHT CLUB FDN INC OCEAN CITY, NJ | SUPPORT OF DAILY | $2,000 |
| GARY AND VIVIENNE PLAYER FOUNDATION SCHWENKSVILLE, PA | SUPPORT OF DAILY | $1,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK A DANIELE | TRUSTEE | 1 | — |
| D DANIELE HAGER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hager Foundation?
Hager Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN CITY, NJ. It holds $1.1M in total assets as of 2024.
How large is Hager Foundation?
As of 2024, Hager Foundation holds $1.1M in total assets with $167K in annual revenue. It awarded 5 grants totaling $66K in 2024.
Where does Hager Foundation operate?
Hager Foundation has awarded grants in New Jersey, Pennsylvania.
What size grants does Hager Foundation award?
In 2024, Hager Foundation awarded 5 grants totaling $66K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Hager Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hager Foundation reported a distributable amount of $69K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hager Foundation's EIN?
Hager Foundation's EIN (Employer Identification Number) is 26-1378182. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hager Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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