The Hasse Family Foundation Inc
The Hasse Family Foundation Inc is a private foundation, based in Naples, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.5M in total assets. In 2024, it awarded 1 grant totaling $400K. Net investment income was $2.3M.
Key facts about The Hasse Family Foundation Inc
In short: The Hasse Family Foundation Inc gave $400K across 1 grant in 2024 (avg $400K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- EIN
- 83-1519408
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $400,000
- Grants made (2024)
- 1
- Average grant
- $400,000
- Median grant
- $400,000
- Total assets
- $7,528,443
- Primary geography
- Minnesota (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.5M
+41.6% YoY
Annual Giving
$400K
+26.7% YoY
Grant Count
1
-80.0% YoY
Avg Grant Size
$400K
+533.4% YoY
Under IRS private-foundation payout rules, The Hasse Family Foundation Inc reported a distributable amount of $399K for 2024 — the minimum it must pay out in qualifying distributions.
How The Hasse Family Foundation Inc gives
- Giving grew 100% from 2021 to 2024. Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2020) to $400K (2024). In 2024 it made 1 grant totaling $400K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Mayo Clinic ($400K).
Grant Size Distribution
14 grants across all recorded years
The most common grant size was under $50K: 6 grants of 14 (43%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Rochester, MN | Research | $400,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,528,443 | $5,318,079 | $5,539,562 |
| Revenue | $2,867,150 | $117,415 | $2,087,710 |
| Expenses | $416,506 | $338,759 | $219,958 |
| Qualifying Distributions | $400,000 | $315,750 | $211,000 |
| Net Investment Income | $2,329,424 | $95,737 | $58,481 |
| Distributable Amount | $398,833 | $393,834 | $310,342 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Hasse Family Foundation Inc is led by Glenn W. Hasse Jr., President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Glenn W. Hasse Jr.
President
On filings since 2020
1 hr/week
No compensation reported
Katherine K. Hasse
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Timothy W. Hasse
Secretary
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.
Frequently asked questions about The Hasse Family Foundation Inc
How much does The Hasse Family Foundation Inc give each year?
The Hasse Family Foundation Inc gave $400K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $316K across 5 grants.
How large is The Hasse Family Foundation Inc?
The Hasse Family Foundation Inc reported $7.5M in total assets on its 2024 IRS Form 990-PF. It paid out $400K in qualifying distributions that year, against a required minimum of $399K (roughly 5% of its investment assets).
Where does The Hasse Family Foundation Inc operate?
The Hasse Family Foundation Inc has awarded grants in Arizona, Florida, Georgia, Illinois, Minnesota.
What is The Hasse Family Foundation Inc's EIN?
The Hasse Family Foundation Inc's EIN (Employer Identification Number) is 83-1519408. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Hasse Family Foundation Inc by hand.
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