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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.0M
+1.4% YoY
Annual Giving
$311K
+35.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$156K
+35.8% YoY
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.
About Ronald Hagaman Charitable Trust
Based on IRS filings
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.
Ready to take the next step with Ronald Hagaman Charitable Trust?
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 | $11,002,661 | $10,850,011 | $10,878,397 |
| Revenue | $604,084 | $342,951 | $12,457,293 |
| Expenses | $452,308 | $365,798 | $280,987 |
| Qualifying Distributions | $397,521 | $290,649 | $254,022 |
| Net Investment Income | $551,739 | $294,469 | $1,494,879 |
| Distributable Amount | $617,459 | $552,214 | $303,912 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Michigan State University ($186,873), Hillsdale College ($124,582).
| Recipient | Purpose | Amount |
|---|---|---|
| HILLSDALE COLLEGE HILLSDALE, MI | GENERAL OPERATING | $124,582 |
| MICHIGAN STATE UNIVERSITY EAST LANSING, MI | GENERAL OPERATING | $186,873 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 2 | $118,090 |
Frequently Asked Questions
How large is Ronald Hagaman Charitable Trust?
As of 2024, Ronald Hagaman Charitable Trust holds $11.0M in total assets with $604K in annual revenue. It awarded 2 grants totaling $311K in 2024.
Where does Ronald Hagaman Charitable Trust operate?
Ronald Hagaman Charitable Trust has awarded grants in Michigan.
What size grants does Ronald Hagaman Charitable Trust award?
In 2024, Ronald Hagaman Charitable Trust awarded 2 grants totaling $311K — an average of about $156K per grant, based on its IRS Form 990 filings.
How much is Ronald Hagaman Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ronald Hagaman Charitable Trust reported a distributable amount of $617K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Ronald Hagaman Charitable Trust'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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