Raymond & Mildred Hegwer Foundation
Raymond & Mildred Hegwer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIAN WELLS, CA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.6M in total assets. Net investment income was $61K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2.6M
+2.5% YoY
Revenue
$64K
-97.4% YoY
Net Investment Income
$61K
+714.7% YoY
Expenses
$3K
-99.2% YoY
Under IRS private-foundation payout rules, Raymond & Mildred Hegwer Foundation reported a distributable amount of $123K for 2023 — the minimum it must pay out in qualifying distributions.
About Raymond & Mildred Hegwer Foundation
Based on IRS filings
Raymond & Mildred Hegwer Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in INDIAN WELLS, CA. IRS filing data is available from 2020 through 2023. As of 2023, the organization holds $2.6M in total assets. Net investment income was $61K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,551,457 | $2,490,141 | $356,062 |
| Revenue | $64,071 | $2,461,073 | $2,030 |
| Expenses | $2,755 | $327,016 | $26,840 |
| Qualifying Distributions | — | $325,000 | $25,000 |
| Net Investment Income | $61,421 | $7,539 | $3,323 |
| Distributable Amount | $123,402 | $31,892 | $17,828 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2023
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2023.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELLEN HEGWER | CEO, CFO AND SECRETARY | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Raymond & Mildred Hegwer Foundation?
Raymond & Mildred Hegwer Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in INDIAN WELLS, CA. It holds $2.6M in total assets as of 2023.
How large is Raymond & Mildred Hegwer Foundation?
As of 2023, Raymond & Mildred Hegwer Foundation holds $2.6M in total assets with $64K in annual revenue.
Where does Raymond & Mildred Hegwer Foundation operate?
Raymond & Mildred Hegwer Foundation has awarded grants in Arizona, California, Florida, Oklahoma, Tennessee.
How much is Raymond & Mildred Hegwer Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Raymond & Mildred Hegwer Foundation reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Raymond & Mildred Hegwer Foundation's EIN?
Raymond & Mildred Hegwer Foundation's EIN (Employer Identification Number) is 33-0645654. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Raymond & Mildred Hegwer 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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