The Hagerty Family Foundation

Private foundation · Grantmaker Cambridge, MA EIN: 20-0509132

The Hagerty Family Foundation is a private foundation based in Cambridge, Massachusetts. It supports charitable organizations through grants; its 2024 grants included organizations in the arts, education, and military and family support.

Key facts about The Hagerty Family Foundation

In short: The Hagerty Family Foundation gave $1.2M across 28 grants in 2024 (avg $44K), top state Massachusetts. 48% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
20-0509132
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,238,500
Grants made (2024)
28
Average grant
$44,232
Median grant
$25,000
New grantees (estimate)
48% first-time grantees (11 of 23, 2024)
Total assets
$6,243,800
Primary geography
Massachusetts (34% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.2M

+8.6% YoY

Annual Giving

$1.2M

-8.3% YoY

Grant Count

28

+86.7% YoY

Avg Grant Size

$44K

-50.9% YoY

Under IRS private-foundation payout rules, The Hagerty Family Foundation reported a distributable amount of $223K for 2024 — the minimum it must pay out in qualifying distributions.

Is The Hagerty Family Foundation open to new grantees?

48%

first-time grantees, 2024

In 2024, 11 of 23 grantees (48%) were first-time recipients. First grants averaged $17K; repeat grants $88K. How we count

Medians: $10K first-time, $50K repeat.

  • 43% of 2024 grantees were also funded in 2023. Method
  • Giving fell 23% from 2021 to 2024. Method
  • In 2024 it paid out 558% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grant recipients include arts organizations, educational institutions, and organizations supporting military personnel and families. Roundabout Theatre Company describes its mission as celebrating theatre through classic and new works and education; Berklee College of Music says it promotes the study and practice of music, theatre, dance, and related arts. The Navy SEAL Foundation says it supports warriors, veterans, and families of Naval Special Warfare, while The Folded Flag Foundation says it provides scholarships and educational support grants to spouses and children of U.S. military and government personnel who died in connection with combat operations.

Grantmaking

In 2024, the foundation made 28 grants totaling $1,238,500. Grant amounts ranged from $1,000 to $360,000, with a median of $25,000. The largest awards included $360,000 to Roundabout Theatre Company, $200,000 to Berklee College of Music, $100,000 to the Navy SEAL Foundation, and $60,000 to Buckingham Browne and Nichols. Other notable awards included $50,000 each to The Folded Flag Foundation, Dayforce Cares US, Boys and Girls Clubs of Newport County, and the University of Notre Dame du Lac. The listed grant purposes were general.

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Geographic Focus

Where this funder awards grants

In 2024, 34% of grant dollars went to recipients in Massachusetts, 29% to New York, 9% each to Rhode Island and Virginia, and 6% to Indiana.

Grant Distribution by State

15states

Share of 2024 grant dollars across all 28 itemized grants.

Cities

BostonNewportNew YorkCambridgeNorth Palm BeachVirginia BeachLas VegasNotre DameBloomingtonMiddletownNorth KingstonMinneapolisSouth BendCharlotteChestnut HillChicagoCincinnatiDallasFairfieldHarlan

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M22 grants2020 18 grants2021 27 grants2022 15 grants2023 28 grants2024

From 2020 to 2024, annual grant giving ranged from $1.2M (2024) to $1.6M (2021). In 2024 it made 28 grants totaling $1.2M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Roundabout Theatre Company: $360KRoundabout Theatre Company$360KBerklee College of Music: $265K across 5 grantsBerklee College of Music$265K · 5 grantsNavy Seal Foundation Inc: $100KNavy Seal Foundation Inc$100KBoys and Girls Clubs of Newport County: $75K across 2 grantsBoys and Girls Clubs ofNewport County$75K · 2 grantsBuckingham Browne and Nichols: $60KBuckingham Browne and Nichols$60KThe Folded Flag Foundation: $50KThe Folded Flag Foundation$50KDayforce Cares US: $50KDayforce Cares US$50KUniversity of Notre Dame Du Lac: $50KUniversity of Notre Dame DuLac$50KCatholic Schools Foundation: $40KCatholic Schools Foundation$40KFairfield University: $30KFairfield University$30K

The largest 2024 recipient was Roundabout Theatre Company ($360K). Together the top 10 received $1.1M.

Grant Size Distribution

110 grants across all recorded years

76<$50K12$50–100K13$100–250K7$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 76 grants of 110 (69%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Roundabout Theatre Company New York, NYGeneral$360,000
Berklee College of Music Boston, MAGeneral$200,000
Navy Seal Foundation Inc Virginia Beach, VAGeneral$100,000
Buckingham Browne and Nichols Cambridge, MAGeneral$60,000
The Folded Flag Foundation Las Vegas, NVGeneral$50,000
Dayforce Cares US Minneapolis, MNGeneral$50,000
Boys and Girls Clubs of Newport County Newport, RIGeneral$50,000
University of Notre Dame Du Lac Notre Dame, INGeneral$50,000
Catholic Schools Foundation Boston, MAGeneral$40,000
Fairfield University Fairfield, CTGeneral$30,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2024 $6,243,800 $1,627,562 $1,269,948 $1,238,500
2023 $5,750,747 $2,373,448 $1,362,495 $1,350,500
2022 $4,944,889 $178,328 $1,278,750 $1,262,500
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,243,800$5,750,747$4,944,889
Revenue$1,627,562$2,373,448$178,328
Expenses$1,269,948$1,362,495$1,278,750
Qualifying Distributions$1,246,125$1,353,785$1,263,000
Net Investment Income$597,004$1,679,188$1,161,052
Distributable Amount$223,264$177,675$295,666

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Thomas M. Hagerty and Jeanne M. Hagerty as trustees.

The Hagerty Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeanne M. Hagerty

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Thomas M. Hagerty

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 153 Brattle Street, Cambridge, MA 02138
Phone: (617) 227-1782

Frequently asked questions about The Hagerty Family Foundation

How much does The Hagerty Family Foundation give each year?

The Hagerty Family Foundation gave $1.2M across 28 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.4M across 15 grants.

What is The Hagerty Family Foundation's typical grant size?

The Hagerty Family Foundation's median grant in 2024 was $25,000, and its average grant was $44,232, across 28 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Hagerty Family Foundation that year got $17K on average.

Where does The Hagerty Family Foundation give grants?

The Hagerty Family Foundation's top state is Massachusetts, with 34% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were New York (29%) and Rhode Island (9%). The most frequent recipient cities were Boston, MA (8 grants) and Newport, RI (7 grants).

Does The Hagerty Family Foundation give general operating support?

Yes: 100% of The Hagerty Family Foundation's 2024 grants with a stated purpose (28 of 28) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Hagerty Family Foundation's largest grantees?

The Hagerty Family Foundation's largest 2024 grantees include Roundabout Theatre Company ($360,000), Berklee College of Music ($265,000 across 5 grants) and Navy Seal Foundation Inc ($100,000), according to its 2024 IRS Form 990-PF. Together they received 59% of its itemized 2024 grant dollars.

How large is The Hagerty Family Foundation?

The Hagerty Family Foundation reported $6.2M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $223K (roughly 5% of its investment assets).

What does The Hagerty Family Foundation fund?

No mission statement for the foundation is provided. Its 2024 grant recipients include arts organizations, educational institutions, and organizations supporting military personnel and families. See mission & focus areas ↑

How do I apply for a grant from The Hagerty Family Foundation?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Hagerty Family Foundation's EIN?

The Hagerty Family Foundation's EIN (Employer Identification Number) is 20-0509132. IRS Form 990 filing data is available on this page for 2020–2024.

Does The Hagerty Family Foundation 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.

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