Ronald Hagaman Charitable Trust
Ronald Hagaman Charitable Trust is a private foundation, based in Pennington, NJ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $11.0M in total assets. In 2024, it awarded 2 grants totaling $311K. Net investment income was $552K.
Ronald Hagaman Charitable Trust at a glance
In short: Ronald Hagaman Charitable Trust gave $311K across 2 grants in 2024 (avg $156K), mostly in Michigan. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $311,455
- +35.8% vs 2023
- Grants made (2024)
- 2
- +0.0% vs 2023
- Average grant
- $155,728
- +35.8% vs 2023
- Median grant
- $155,728
- Total assets
- $11,002,661
- +1.4% vs 2023
- Primary geography
- Michigan (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Ronald Hagaman Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Michigan State University ($187K). Together the top 2 received $311K.
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $100–250K range: 4 grants of 6 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
How Ronald Hagaman Charitable Trust gives
- In 2024 it paid out 64% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $222K (2022) to $311K (2024). In 2024 it made 2 grants totaling $311K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Michigan State University East Lansing, MI | General Operating | $186,873 |
| Hillsdale College Hillsdale, MI | General Operating | $124,582 |
Ready to take the next step with Ronald Hagaman Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $11,002,661 | $604,084 | $452,308 | $311,455 | 2 | $397,521 | $551,739 | $617,459 |
| 2023 | $10,850,011 | $342,951 | $365,798 | $229,269 | 2 | $290,649 | $294,469 | $552,214 |
| 2022 | $10,878,397 | $12,457,293 | $280,987 | $221,557 | 2 | $254,022 | $1,494,879 | $303,912 |
Under IRS private-foundation payout rules, Ronald Hagaman Charitable Trust reported a distributable amount of $617K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Ronald Hagaman Charitable Trust's only listed officer is Bank Of America N A, Trustee on every filing since 2022 (compensated).
Officers on the 2024 filing
Bank Of America N A
Trustee
On filings since 2022
2 hrs/week
$54K (2022) → $118K (2024)
Data from IRS Form 990 filings, 2022–2024. "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
The highest reported compensation on the 2024 filing was $118K, to Bank of America N a (Trustee).
Frequently asked questions about Ronald Hagaman Charitable Trust
How much does Ronald Hagaman Charitable Trust give each year?
Ronald Hagaman Charitable Trust gave $311K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $229K across 2 grants.
How large is Ronald Hagaman Charitable Trust?
Ronald Hagaman Charitable Trust reported $11.0M in total assets on its 2024 IRS Form 990-PF. It paid out $398K in qualifying distributions that year, against a required minimum of $617K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Ronald Hagaman Charitable Trust operate?
Ronald Hagaman Charitable Trust has awarded grants in Michigan.
What is Ronald Hagaman Charitable Trust's EIN?
Ronald Hagaman Charitable Trust's EIN (Employer Identification Number) is 30-6718108. IRS Form 990 filing data is available on this page for 2022–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2022–2024
Explore Open Grants
Browse active grant opportunities in Ronald Hagaman Charitable Trust's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New Jersey
United Jewish Foundation
Bloomfield Hills, MI
United Jewish Foundation funds Jewish community continuity, including Jewish organizations, human services, education, and related community programs. Its 2025 grants had a median of $18,000, though awards ranged widely; 87% of grant dollars went to Michigan, with some support elsewhere. The profile does not state whether it accepts unsolicited requests.
Assets
$761.7M
Grants
274
Total Given
$43.6M
Hilda E Bretzlaff Foundation Inc
Milford, MI
The foundation’s 2023 grants mainly supported education, with additional support for a working-dog organization, and went to recipients in multiple states, especially Michigan. Grants ranged from $4,500 to $1.5 million, with a median of $124,000. Its final 2023 return says it dissolved and processed no applications that year, so the filing does not establish that it currently accepts unsolicited requests.
Assets
—
Grants
45
Total Given
$11.4M
Ernst & Young Foundation
New York, NY
Ernst & Young Foundation supports higher education through employee and partner matching gifts, as well as educational and special-project grants, including research, education forums, and programs that expand educational opportunity. In 2025, it made 637 grants ranging from $5,056 to $316,005, with a median of $13,525, to recipients across multiple states; the largest shares went to New York, Texas, California, Michigan, and Pennsylvania. The profile does not state whether it accepts unsolicited requests.
Assets
$47.6M
Grants
637
Total Given
$16.7M
The Mall Family Foundation
Rockford, MI
The Mall Family Foundation supports organizations working in education, ministry, food assistance, homelessness services, disability employment and recreation, and community support, with most 2025 grants going to Michigan. Its grants ranged from $5,000 to $25,000, with a median of $10,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$3.4M
Grants
25
Total Given
$245K
KPMG US Foundation Inc
Montvale, NJ
KPMG US Foundation supports education, mental health, community vitality, and community relief and resilience, with grants distributed across the United States. Its 2025 grants had a median of $25,000, though amounts ranged from about $5,000 to $2.2 million. The available information does not say whether it accepts unsolicited requests.
Assets
$12.4M
Grants
387
Total Given
$33.5M
The Murdock Foundation
Magnolia, TX
Assets
$278K
Grants
7
Total Given
$65K
More similar funders
More Funders in New Jersey
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Ronald Hagaman Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Ronald Hagaman Charitable Trust down — hundreds of funders to go?