The Hargrove Foundation Inc
The mission of The Hargrove Foundation, Inc. is to identify charitable causes and organizations in local communities where we can have an impact on lives by giving of our resources and talents to bring greater opportunities for success and development.
Key facts about The Hargrove Foundation Inc
In short: The Hargrove Foundation Inc gave $103K across 10 grants in 2025 (avg $10K), top state Alabama. 30% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 45-2712738
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $103,000
- Grants made (2025)
- 10
- Average grant
- $10,300
- Median grant
- $10,000
- New grantees (estimate)
- 30% first-time grantees (3 of 10, 2025)
- Total assets
- $2,980,127
- Primary geography
- Alabama (46% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$3.0M
+18.1% YoY
Annual Giving
$103K
-22.3% YoY
Grant Count
10
-16.7% YoY
Avg Grant Size
$10K
-6.7% YoY
Is The Hargrove Foundation Inc open to new grantees?
30%
first-time grantees, 2025
In 2025, 3 of 10 grantees (30%) were first-time recipients. First grants averaged $9K; repeat grants $11K. How we count
Medians: $10K first-time, $10K repeat.
- 60% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−20%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
About The Hargrove Foundation Inc
Based on IRS filings
The Hargrove Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Mobile, AL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.0M in total assets. In 2025, it awarded 10 grants totaling $103K. Net investment income was $62K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 10 itemized 2025 grant dollars.
Cities
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 2025
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ransom Ministries Mobile, AL | Serve the Indigent | $15,000 |
| Hargives Mobile, AL | Assist Underprivileged Children | $12,500 |
| Louisiana State University Baton Rouge, LA | Scholarship | $10,000 |
| University of Houston Houston, TX | Scholarship | $10,000 |
| Cook Museum of Natural Science Decatur, AL | Promote Science | $10,000 |
| Drexel University Philadelphia, PA | Scholarship | $10,000 |
| University of Alabama Tuscaloosa, AL | Scholarship | $10,000 |
| Friends of LA Public Broadcast Baton Rouge, LA | Promote Public Radio | $10,000 |
| Launch Therapy Center Denham Springs, LA | Pedicatric THerapy Services | $8,000 |
| Boys & Girls Club of Lanier Gainesville, GA | Safe Environment for Children | $7,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,980,127 | $2,524,117 | $2,038,475 |
| Revenue | $550,938 | $740,817 | $747,225 |
| Expenses | $353,640 | $406,348 | $440,504 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $61,634 | $47,656 | $42,705 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 27, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS September 6, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS July 27, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 7, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 5, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 12, 2026)
Leadership & Key People
Officers and directors from IRS filings
The Hargrove Foundation Inc's 2025 filing lists 16 officers; none of the 16 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeff
Drinkard
On filings since 2020
1 hr/week
No compensation reported
John B
Shell
On filings since 2020
5 hrs/week
No compensation reported
Karen
Griffin
On filings since 2020
1 hr/week
No compensation reported
Leta
Walton
On filings since 2020
1 hr/week
No compensation reported
Micki
Kohn
On filings since 2020
5 hrs/week
No compensation reported
Sally
Steadman
On filings since 2020
1 hr/week
No compensation reported
Tem
McGallagher
On filings since 2020
1 hr/week
No compensation reported
Travis
Odom
On filings since 2020
5 hrs/week
No compensation reported
Vicki
Studstill
On filings since 2020
5 hrs/week
No compensation reported
David
Funes
On filings since 2021
1 hr/week
No compensation reported
Dennis
Watson
On filings since 2021
1 hr/week
No compensation reported
Kalyn
Andrews
On filings since 2021
1 hr/week
No compensation reported
Martin
Bretschneider
On filings since 2024
1 hr/week
No compensation reported
Ralph
Hargrove
On filings since 2024
5 hrs/week
No compensation reported
Sarah
White
On filings since 2024
1 hr/week
No compensation reported
Wes
Harris
On filings since 2024
1 hr/week
No compensation reported
Former officers (6)
- Former: Burton (2020–2023) — Clark
- Former: Larry (2020–2023) — Faucheux
- Former: Nigam (2020–2023) — Patel
- Former: Tom (2020–2023) — Garth
- Former: Lesley (2020–2022) — Baker
- Former: Dorothy (2020) — Huston
Data from IRS Form 990 filings, 2020–2025. "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 Hargrove Foundation Inc
How much does The Hargrove Foundation Inc give each year?
The Hargrove Foundation Inc gave $103K across 10 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $133K across 12 grants.
What is The Hargrove Foundation Inc's typical grant size?
The Hargrove Foundation Inc's median grant in 2025 was $10,000, and its average grant was $10,300, across 10 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The Hargrove Foundation Inc that year got $9K on average.
Where does The Hargrove Foundation Inc give grants?
The Hargrove Foundation Inc's top state is Alabama, with 46% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Louisiana (27%) and Texas (10%). The most frequent recipient cities were Mobile, AL (2 grants) and Baton Rouge, LA (2 grants).
Does The Hargrove Foundation Inc give general operating support?
Not in 2025: none of the 10 grants with a stated purpose on The Hargrove Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Scholarship" (4 grants).
Who are The Hargrove Foundation Inc's largest grantees?
The Hargrove Foundation Inc's largest 2025 grantees include Ransom Ministries ($15,000), Hargives ($12,500) and Louisiana State University ($10,000), according to its 2025 IRS Form 990. Together they received 36% of its itemized 2025 grant dollars.
How large is The Hargrove Foundation Inc?
The Hargrove Foundation Inc reported $3.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $551K.
What is The Hargrove Foundation Inc?
The Hargrove Foundation Inc is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in Mobile, AL. It holds $3.0M in total assets as of 2025.
What is The Hargrove Foundation Inc's EIN?
The Hargrove Foundation Inc's EIN (Employer Identification Number) is 45-2712738. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching The Hargrove Foundation Inc by hand.
Explore Open Grants
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