The Hageman Foundation Inc
The Hageman Foundation Inc is a private foundation based in Carmel, Indiana. Its 2025 grants supported charitable organizations including a university-affiliated research foundation, children’s health and research organizations, arts and cultural organizations, and organizations working in conservation, agriculture, and community services.
The Hageman Foundation Inc at a glance
In short: The Hageman Foundation Inc gave $159K across 41 grants in 2025 (avg $4K), mostly in Indiana. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $158,815
- +38.0% vs 2024
- Grants made (2025)
- 41
- +2.5% vs 2024
- Average grant
- $3,874
- +34.6% vs 2024
- Median grant
- $1,000
- Total assets
- $2,490,972
- +6.7% vs 2024
- New grantees (estimate)
- 22% first-time grantees (9 of 41, 2025)
- Primary geography
- Indiana (84% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Hageman Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 12821 E New Market St Suite 300, Carmel, IN 46032
Phone: (317) 927-8300
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Hageman Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Purdue Research Foundation ($25K). Together the top 10 received $122K.
Grant Size Distribution
208 grants across all recorded years
The most common grant size was under $50K: 208 grants of 208 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Indiana recipients received 84% of grant dollars. Recipients in Illinois received 10%, Montana 4%, Iowa 1%, and Florida 1%.
Grant Distribution by State
Share of 2025 grant dollars across all 41 itemized grants.
States
Cities
Is The Hageman Foundation Inc open to new grantees?
22%
first-time grantees, 2025
In 2025, 9 of 41 grantees (22%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $1K first-time, $1K repeat.
- 61% of 2025 grantees were also funded in 2024. Method
- Giving grew 34% from 2022 to 2025. Method
- In 2025 it paid out 109% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $99K (2020) to $159K (2025). In 2025 it made 41 grants totaling $159K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Purdue Research Foundation West Lafayette, IN | Forging Ahead | $25,000 |
| Riley Children's Foundation Indianapolis, IN | Gift Supporting the Pediatric Neuro-Oncology Research Fund | $20,750 |
| Conner Prairie Fishers, IN | Conner Prairie Annual Impact Fund | $20,000 |
| Legge Lowden Farm Foundation Trust Oak Brook, IL | Contribution to Innovation and Education Center | $15,000 |
| James Whitcomb Riley Memorial Association Indianapolis, IN | General Operating Fund Contribution | $10,000 |
| Sagamore Institute Inc Indianapolis, IN | General Operating Fund Contribution | $10,000 |
| Boone and Crockett Club Foundation Inc Missoula, MT | General Operating Fund Contribution | $6,465 |
| Indianapolis Zoological Society Inc Indianapolis, IN | General Operating Fund Contribution | $5,000 |
| The Center for the Performing Arts Inc Carmel, IN | General Operating Fund Contribution | $5,000 |
| Feeding Team Corporation Noblesville, IN | General Operating Fund Contribution | $5,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,490,972 | $338,355 | $181,618 | $158,815 | 41 | $163,565 | $149,602 | $150,249 |
| 2024 | $2,334,235 | $291,768 | $132,789 | $115,092 | 40 | $119,742 | $136,011 | $135,331 |
| 2023 | $2,175,531 | $220,977 | $134,040 | $119,483 | 40 | $123,278 | $90,626 | $118,474 |
| 2022 | $2,088,594 | $171,571 | $134,871 | $118,165 | 44 | $122,360 | $61,340 | $116,458 |
| 2021 | $2,051,894 | $205,217 | $114,996 | $99,383 | 43 | $103,578 | $111,358 | $123,325 |
| 2020 | $1,961,673 | $143,952 | $113,265 | $98,519 | 45 | — | $65,679 | $100,285 |
| 2019 | $1,930,786 | $189,769 | $119,345 | $104,449 | 39 | — | $121,834 | $99,975 |
Under IRS private-foundation payout rules, The Hageman Foundation Inc reported a distributable amount of $150K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No foundation mission is stated in the available information. Its 2025 grants show support for organizations with varied missions. Purdue Research Foundation says its primary mission is to advance Purdue University’s mission. The Center for the Performing Arts says it engages and inspires the Central Indiana community through enriching arts experiences, while the Indianapolis Zoological Society says it works to protect nature and inspire people to care for the world. The Boone and Crockett Club Foundation says it supports wildlife conservation through fundraising for the Boone and Crockett Club and its research projects.
Other 2025 grants included support for pediatric neuro-oncology research, an agriculture-focused innovation and education center, and food assistance.
Grantmaking
The foundation reported 41 grants totaling $158,815 in 2025, with a median grant of $1,000. Individual grants ranged from $200 to $25,000. It reported 40 grants totaling $115,092 in 2024 and 40 grants totaling $119,483 in 2023.
Among the largest 2025 grants were $25,000 to Purdue Research Foundation for “Forging Ahead”; $20,750 to Riley Children’s Foundation for the Pediatric Neuro-Oncology Research Fund; $20,000 to Conner Prairie for its Annual Impact Fund; and $15,000 to Legge Lowden Farm Foundation Trust for an innovation and education center. James Whitcomb Riley Memorial Association and Sagamore Institute each received $10,000 for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Steve J. Hageman as President/Treasurer and Sandra L. Hageman as Vice President/Secretary. Directors listed are Sara Hageman Schenck, Shane Hageman, Stephany Jackson, and Jana Hageman.
The Hageman Foundation Inc is led by Steve J. Hageman, President & Treasurer on every filing since 2019; none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Steve J. Hageman
President & Treasurer
On filings since 2019
0.5 hrs/week
No compensation reported
Jana Hageman
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Sara Hageman Schenck
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Shane Hageman
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Stephany Jackson
Director
On filings since 2019
0.5 hrs/week
No compensation reported
Sandra L. Hageman
Vice President & Secretary
On filings since 2019
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Hageman Foundation Inc
How much does The Hageman Foundation Inc give each year?
The Hageman Foundation Inc gave $159K across 41 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $115K across 40 grants.
What is The Hageman Foundation Inc's typical grant size?
The Hageman Foundation Inc's median grant in 2025 was $1,000, and its average grant was $3,874, across 41 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Hageman Foundation Inc that year got $2K on average.
Where does The Hageman Foundation Inc give grants?
The Hageman Foundation Inc gives mostly in Indiana: 84% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Illinois (10%). The most frequent recipient cities were Indianapolis, IN (13 grants), Fishers, IN (3 grants), Noblesville, IN (2 grants) and Carmel, IN (2 grants).
Does The Hageman Foundation Inc give general operating support?
Yes: 78% of The Hageman Foundation Inc's 2025 grants with a stated purpose (32 of 41) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Hageman Foundation Inc's largest grantees?
The Hageman Foundation Inc's largest 2025 grantees include Purdue Research Foundation ($25,000), Riley Children's Foundation ($20,750) and Conner Prairie ($20,000), according to its 2025 IRS Form 990-PF. Together they received 41% of its itemized 2025 grant dollars.
How large is The Hageman Foundation Inc?
The Hageman Foundation Inc reported $2.5M in total assets on its 2025 IRS Form 990-PF. It paid out $164K in qualifying distributions that year, against a required minimum of $150K (roughly 5% of its investment assets).
What does The Hageman Foundation Inc fund?
No foundation mission is stated in the available information. Its 2025 grants show support for organizations with varied missions. Purdue Research Foundation says its primary mission is to advance Purdue University’s mission. See mission & focus areas ↑
How do I apply for a grant from The Hageman Foundation Inc?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Hageman Foundation Inc's EIN?
The Hageman Foundation Inc's EIN (Employer Identification Number) is 20-5274525. IRS Form 990 filing data is available on this page for 2019–2025.
Does The Hageman Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 27, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 12, 2024)
Explore Open Grants
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Cite this profile
Grantable. (2026). The Hageman Foundation Inc funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-hageman-foundation-inc-morg_5fc84a66c8cc4c6cb9e64a6de7d90479
BibTeX
@misc{grantable_205274525_2026,
author = {{Grantable}},
title = {{The Hageman Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-hageman-foundation-inc-morg_5fc84a66c8cc4c6cb9e64a6de7d90479},
note = {Accessed 2026-10-13. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Hageman Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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