Hargis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 30 grants totaling $245K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
-2.2% YoY
Annual Giving
$245K
+65.6% YoY
Grant Count
30
+11.1% YoY
Avg Grant Size
$8K
+49.1% YoY
Under IRS private-foundation payout rules, Hargis Foundation Inc reported a distributable amount of $71K for 2024 — the minimum it must pay out in qualifying distributions.
About Hargis Foundation Inc
Based on IRS filings
Hargis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 30 grants totaling $245K. Net investment income was $53K.
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 | $1,451,822 | $1,485,137 | $1,199,040 |
| Revenue | $213,835 | $448,070 | $148,895 |
| Expenses | $247,150 | $161,973 | $159,915 |
| Qualifying Distributions | $244,860 | $147,850 | $159,900 |
| Net Investment Income | $52,794 | $36,486 | $2,424 |
| Distributable Amount | $71,462 | $72,636 | $51,671 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Point Church ($58,460), Isaiah House 117 ($50,000), Iom Charles Simpson Ministires ($19,500).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPE SERVICE FOUNDPRISION MINISTR RUSSELLVILLE, KY | FINANCIAL SUPPORT | $1,200 |
| AGLOW INTERNATIONAL EDMONDS, WA | FINANCIAL SUPPORT | $3,600 |
| AUBURN YOUTH CENTER AUBURN, KY | FINANCIAL SUPPORT | $5,000 |
| CENTER OF THE MARK OUTDOOR MINISTRY RUSSELLVILLE, KY | FINANCIAL SUPPORT | $3,000 |
| COMMONWEALTH POLICY FOUNDATION FRANFORT, KY | FINANCIAL SUPPORT | $3,000 |
| CONCERNED CITIZENS OF LOGAN COUNTY RUSSELLVILLE, KY | FINANCIAL SUPPORT | $9,000 |
| COVENANT LIFE CHURCH SUWANEE, GA | FINANCIAL SUPPORT | $6,000 |
| FAITH COMES BY HEARING ALBUQUERQUE, NM | FINANCIAL SUPPORT | $1,200 |
| FEED A CHILD RED OAK, TX | FINANCIAL SUPPORT | $3,000 |
| GALILEAN CHILDERNS HOME LIBERTY, KY | FINANCIAL SUPPORT | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EUGENE HARGIS | PRESIDENT | — | — |
| DIANE HARGIS | DIRECTOR | — | — |
| MARSHA CROWDER | DIRECTOR | — | — |
| SCOTT CROWDER | DIRECTOR | — | — |
| GENA COWAN | DIRECTOR | — | — |
| RODGER COWAN | DIRECTOR | — | — |
| JENNIFER CATES | DIRECTOR | — | — |
| WAYNE CATES | DIRECTOR | — | — |
| PAUL HARGIS | DIRECTOR | — | — |
| JACOB HARGIS | DIRECTOR | — | — |
| LEAH SHOULDERS | DIRECTOR | — | — |
| TIFFANY HARGIS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hargis Foundation Inc?
Hargis Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RUSSELLVILLE, KY. It holds $1.5M in total assets as of 2024.
How large is Hargis Foundation Inc?
As of 2024, Hargis Foundation Inc holds $1.5M in total assets with $214K in annual revenue. It awarded 30 grants totaling $245K in 2024.
Where does Hargis Foundation Inc operate?
Hargis Foundation Inc has awarded grants in Alabama, Florida, Georgia, Indiana, Kentucky, Massachusetts, Missouri, New Mexico, Oklahoma, Tennessee, Texas, Washington.
What size grants does Hargis Foundation Inc award?
In 2024, Hargis Foundation Inc awarded 30 grants totaling $245K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Hargis Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hargis Foundation Inc reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hargis Foundation Inc's EIN?
Hargis Foundation Inc's EIN (Employer Identification Number) is 81-4538554. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hargis Foundation Inc'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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