The Hackerman Foundation Inc

TOWSON, MD EIN: 52-1459149

The Hackerman Foundation Inc is a private foundation based in Towson, Maryland, established in 1986. As a 501(c)(3) organization, it operates as an independent grantmaking foundation focused on philanthropic support across multiple sectors.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$87.1M

+86.5% YoY

Annual Giving

$12.3M

+84.5% YoY

Grant Count

146

+15.9% YoY

Avg Grant Size

$84K

+59.3% YoY

Under IRS private-foundation payout rules, The Hackerman Foundation Inc reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary grantmaking focuses on:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Jewish Education

Grantmaking

The foundation is an active grantmaker with significant annual giving activity. Recent grant awards include:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Maryland, New York, and New Jersey.

Grant Distribution by State

16states
+8 more states

Cities

AtlantaBaltimoreBethesdaBostonBowieBoynton BeachBrooklynCharlestonChicagoColumbiaCorvallisEldersburgElginFar RockawayGetzvilleGlen HeadIndianapolisJenkintownKew GardensLakewood

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $46,701,240
  • Total Revenues: $26,846,838
  • Total Expenses: $7,261,971
  • Total Grants, Contributions, etc.: $25,267,570
  • Investment Income and Dividends: $1,331,673

As of December 2022:

  • Total Assets: $27.1 million
  • Total Revenue: $26.7 million

The foundation has experienced exceptional growth, with revenue increasing by an average of 59.7% annually over the past five years.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$29M$44M$59M20202021202220232024
Metric202420232022
Total Assets$87,076,995$46,701,240$27,079,506
Revenue$53,572,474$26,846,838$26,650,181
Expenses$13,219,278$7,261,971$3,719,836
Qualifying Distributions$12,411,371$6,749,619$3,622,640
Net Investment Income$3,804,805$1,291,429$310,901
Distributable Amount$3,510,206$2,383,626$969,285

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M67 grants202083 grants202192 grants2022126 grants2023146 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NATIONAL PHILANTHROPIC T…$4.0MAMERICAN JEWISH JOINT DI…$1.0MASSOCIATED JEWISH COMMUN…$800KTURNAROUND INC$630KROCKEFELLER PHILANTHROPY…$500KYESHIVAS OHR YISSOCHOR A…$300KJOHNS HOPKINS UNIVERSITY$250KIRC'S CENTER FOR ECONOMI…$250KST VINCENT DE PAUL SOCIE…$250KBOYS & GIRLS CLUBS OF ME…$150K

Grant Size Distribution

250 grants across all recorded years

162<$50K46$50–100K29$100–250K6$250–500K4$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include National Philanthropic Trust ($3,955,869), American Jewish Joint Distributioncommittee Inc ($1,000,000), Associated Jewish Community Federation of Baltimore Inc ($800,000).

RecipientPurposeAmount
NATIONAL PHILANTHROPIC TRUST JENKINTOWN, PACONTRIBUTION TO DONOR ADVISED FUND$3,955,869
AMERICAN JEWISH JOINT DISTRIBUTIONCOMMITTEE INC NEW YORK, NYINTERNATIONAL SUPPORT$1,000,000
ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE INC BALTIMORE, MD2019 ANNUAL FUND - JDC$800,000
TURNAROUND INC TOWSON, MDSUPPORT SERVICES$630,000
ROCKEFELLER PHILANTHROPY ADVISORS INC NEW YORK, NYPHILANTHROPIC SUPPORT$500,000
YESHIVAS OHR YISSOCHOR ACADEMY INC LAKEWOOD, NJJEWISH EDUCATION$300,000
JOHNS HOPKINS UNIVERSITY BALTIMORE, MDEDUCATION$250,000
IRC'S CENTER FOR ECONOMIC OPPORTUNITY SAN DIEGO, CATO SUPPORT LOAN CAPITAL FOR BALTIMORE SPECIFIC LENDIING$250,000
ST VINCENT DE PAUL SOCIETY OF BALTIMORE BALTIMORE, MDCOMMUNITY SUPPORT$250,000
BOYS & GIRLS CLUBS OF METROPOLITAN BALTIMORE BALTIMORE, MDCOMMUNITY ASSISTANCE$150,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
NANCY HACKERMANPRESIDENT / TREASURER4
AUDREY REGOSECRETARY4
STEVEN HACKERMANVICE PRESIDENT4

Recent News & Activity

Recent developments and announcements

The Hackerman Foundation has partnered with Johns Hopkins University and PHI to launch an initiative aimed at setting a national standard for community-based care for older adults. The foundation has also supported Baltimore County's efforts to investigate cold case sexual assault cases through grant funding.

The Ackerman Foundation Announces 2023 Grant Winners - Ackerman Foundation

Frequently Asked Questions

What does The Hackerman Foundation Inc fund?

The foundation's primary grantmaking focuses on: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Jewish Education

How do I apply for a grant from The Hackerman Foundation Inc?

The foundation is an active grantmaker with significant annual giving activity. Recent grant awards include: • Rockefeller Philanthropy Advisors: $500,000 (Philanthropic Support) • Yeshivas Ohr Yissochor Academy: $300,000 (Jewish Education) • Johns Hopkins University: $250,000 (Education) The foundation made 67 grants in 2023, with typical award amounts ranging from $250 to $3,955,869. Total giving in the most recent reporting period was $12,268,246.

Where does The Hackerman Foundation Inc make grants?

The foundation primarily funds organizations in Maryland, New York, and New Jersey.

What size grants does The Hackerman Foundation Inc award?

In 2024, The Hackerman Foundation Inc awarded 146 grants totaling $12.3M — an average of about $84K per grant, based on its IRS Form 990 filings.

How much is The Hackerman Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hackerman Foundation Inc reported a distributable amount of $3.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Hackerman Foundation Inc's EIN?

The Hackerman Foundation Inc's EIN (Employer Identification Number) is 52-1459149. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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