Sugar Creek Foundation

Foundation · Grantmaker Pennington, NJ EIN: 82-3427926

Sugar Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 1 grant totaling $300K. Net investment income was $431K.

Key facts about Sugar Creek Foundation

EIN
82-3427926
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$300,000
Grants made (2024)
1
Average grant
$300,000
Median grant
$300,000
Total assets
$4,537,326
Primary geography
Texas (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Sugar Creek Foundation gives

  • Giving grew 85% from 2021 to 2024. Method
  • In 2024 it paid out 134% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

+6.3% YoY

Annual Giving

$300K

-22.1% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$300K

+133.8% YoY

Under IRS private-foundation payout rules, Sugar Creek Foundation reported a distributable amount of $235K for 2024 — the minimum it must pay out in qualifying distributions.

About Sugar Creek Foundation

Based on IRS filings

Sugar Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 1 grant totaling $300K. Net investment income was $431K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 1 itemized 2024 grant dollars.

Cities

AustinJuno BeachNew York CityBrooklynDurhamJupiterLantanaMount KiscoNew YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$561K$1M$2M$2M20202021202220232024
Metric202420232022
Total Assets$4,537,326$4,268,239$4,437,012
Revenue$951,024$251,268$383,042
Expenses$336,601$417,724$304,060
Qualifying Distributions$313,887$397,152$263,488
Net Investment Income$431,378$230,362$359,452
Distributable Amount$234,612$219,921$226,026

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$96K$193K$289K$385K7 grants20208 grants20211 grants20223 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Waterloo Greenway Conservancy: $300KWaterloo Greenway Conservancy$300K

Grant Size Distribution

20 grants across all recorded years

13<$50K2$50–100K2$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Waterloo Greenway Conservancy ($300,000).

RecipientPurposeAmount
WATERLOO GREENWAY CONSERVANCY Austin, TXUNRESTRICTED GENERAL$300,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Gerald HassellPresident1—
Anita-Agnes HassellPresident1—
Alyssa HassellTreasurer1—
Jarred HassellSecretary1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Sugar Creek Foundation?

Sugar Creek Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Pennington, NJ. It holds $4.5M in total assets as of 2024.

How large is Sugar Creek Foundation?

As of 2024, Sugar Creek Foundation holds $4.5M in total assets with $951K in annual revenue. It awarded 1 grant totaling $300K in 2024.

Where does Sugar Creek Foundation operate?

Sugar Creek Foundation has awarded grants in Florida, North Carolina, New York, Pennsylvania, Texas.

What size grants does Sugar Creek Foundation award?

In 2024, Sugar Creek Foundation awarded 1 grant totaling $300K — an average of about $300K per grant, based on its IRS Form 990 filings.

How much is Sugar Creek Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Sugar Creek Foundation reported a distributable amount of $235K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Sugar Creek Foundation's EIN?

Sugar Creek Foundation's EIN (Employer Identification Number) is 82-3427926. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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