The Hackerman Foundation Inc
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NANCY HACKERMAN | PRESIDENT / TREASURER | 4 | — |
| AUDREY REGO | SECRETARY | 4 | — |
| STEVEN HACKERMAN | VICE PRESIDENT | 4 | — |
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 FoundationRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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