The Bagan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $527K in total assets. In 2024, it awarded 12 grants totaling $35K. Net investment income was $52K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$527K
+7.0% YoY
Annual Giving
$35K
+6.1% YoY
Grant Count
12
-7.7% YoY
Avg Grant Size
$3K
+14.9% YoY
Under IRS private-foundation payout rules, The Bagan Foundation reported a distributable amount of $25K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bagan Foundation
Based on IRS filings
The Bagan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $527K in total assets. In 2024, it awarded 12 grants totaling $35K. Net investment income was $52K.
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 | $526,572 | $492,133 | $493,897 |
| Revenue | $58,955 | $7,531 | $7,149 |
| Expenses | $41,719 | $39,483 | $48,765 |
| Qualifying Distributions | $35,000 | $33,000 | $39,100 |
| Net Investment Income | $52,236 | $50,382 | $2,798 |
| Distributable Amount | $25,375 | $23,628 | $25,985 |
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
77 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Community Players of Concord Nh ($9,700), Boys & Girls Clubs of Central Nh ($4,000), Concord Community Concert Association ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOYS & GIRLS CLUBS OF CENTRAL NH CONCORD, NH | SUPPORT OF THE ART DEPARTMENT AND GENERAL OPERATIONS | $4,000 |
| COMMUNITY PLAYERS OF CONCORD NH CONCORD, NH | SUPPORT CAPITAL CAMPAIGN AND ANNUAL FUND | $9,700 |
| CONCORD COMMUNITY CONCERT ASSOCIATION CONCORD, NH | SUPPORT OF MISSION | $4,000 |
| CONCORD PUBLIC LIBRARY FOUNDATION CONCORD, NH | SUPPORT OF THE CHILDREN'S ROOM MULTI-CULTURAL COLLECTION | $1,000 |
| CONCORD TV CONCORD, NH | GENERAL SUPPORT | $4,000 |
| FRIENDS OF THE AUDI CONCORD, NH | SUPPORT OF MISSION | $300 |
| GOODLIFE PROGRAMS AND ACTIVITES CONCORD, NH | SUPPORT OF MISSION | $2,000 |
| NEW HAMPSHIRE PBS DURHAM, NH | GENERAL SUPPORT | $3,000 |
| NEW HAMPSHIRE PRESERVATION ALLIANCE CONCORD, NH | GENERAL SUPPORT | $3,000 |
| NH COMMUNITY LOAN FUND CONCORD, NH | GENERAL SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MERWYN BAGAN | PRESIDENT/TREASURER/TRUSTEE | 1 | — |
| KARIN A BAGAN | VICE PRESIDENT/TRUSTEE | 1 | — |
| CAROL J BAGAN | SECRETARY/TRUSTEE | 2 | — |
| SETH C BAGAN | TRUSTEE | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bagan Foundation?
The Bagan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CONCORD, NH. It holds $527K in total assets as of 2024.
How large is The Bagan Foundation?
As of 2024, The Bagan Foundation holds $527K in total assets with $59K in annual revenue. It awarded 12 grants totaling $35K in 2024.
Where does The Bagan Foundation operate?
The Bagan Foundation has awarded grants in New Hampshire.
What size grants does The Bagan Foundation award?
In 2024, The Bagan Foundation awarded 12 grants totaling $35K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Bagan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bagan Foundation reported a distributable amount of $25K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bagan Foundation's EIN?
The Bagan Foundation's EIN (Employer Identification Number) is 02-6115326. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bagan 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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