The Ron and Diane Fagen Family
The Ron and Diane Fagen Family is a private foundation based in Granite Falls, Minnesota. In 2024, it reported 13 grants totaling $107,000, including general-support grants to charitable organizations in Minnesota and other states.
The Ron and Diane Fagen Family at a glance
In short: The Ron and Diane Fagen Family gave $107K across 13 grants in 2024 (avg $8K), top state District of Columbia. 8% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $107,000
- -10.8% vs 2023
- Grants made (2024)
- 13
- -7.1% vs 2023
- Average grant
- $8,231
- -4.0% vs 2023
- Median grant
- $5,000
- Total assets
- $2,262,474
- -1.8% vs 2023
- New grantees (estimate)
- 8% first-time grantees (1 of 13, 2024; small sample)
- Primary geography
- District of Columbia (47% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Ron and Diane Fagen Family
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: PO Box 69, Granite Falls, MN 56241
Phone: (320) 564-5103
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Ron and Diane Fagen Family funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was American Red Cross ($50K). Together the top 10 received $102K.
Grant Size Distribution
66 grants across all recorded years
The most common grant size was under $50K: 62 grants of 66 (94%).
Geographic Focus
Where this funder awards grants
The foundation’s 2024 grant dollars went to recipients in Washington, DC (47%), Minnesota (31%), Tennessee (14%), and Georgia (8%). These figures describe the locations of 2024 grant recipients.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
Is The Ron and Diane Fagen Family open to new grantees?
8%
first-time grantees, 2024
In 2024, 1 of 13 grantees (8%) were first-time recipients. With only 13 grantees, that is a small sample: one grantee more or less moves the share by about 8 points. First grants averaged $3K; repeat grants $9K. How we count
Medians: $3K first-time, $5K repeat.
- 85% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−16%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $85K (2020) to $135K (2022). In 2024 it made 13 grants totaling $107K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| American Red Cross Washington, DC | General Support | $50,000 |
| Shriners Children's Twin Cities Woodbury, MN | General Support | $10,000 |
| St Jude Children's Research Hospital Memphis, TN | General Support | $10,000 |
| Wounded Warrior Project Atlanta, GA | General Support | $9,000 |
| Hawk Creek Animal Shelter Willmar, MN | General Support | $5,000 |
| Minnesotan's Military Appreciation Fund Minneapolis, MN | General Support | $5,000 |
| Gary Sinise Foundation Nashville, TN | General Support | $5,000 |
| Granite Falls Fire Department Granite Falls, MN | General Support | $2,500 |
| Granite Falls Police Department Granite Falls, MN | General Support | $2,500 |
| Yellow Medicine County Sheriff Granite Falls, MN | General Support | $2,500 |
Ready to take the next step with The Ron and Diane Fagen Family?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,262,474 | $90,765 | $132,314 | $107,000 | 13 | $109,662 | $68,330 | $112,860 |
| 2023 | $2,304,023 | $35,122 | $144,903 | $120,000 | 14 | $122,662 | $40,380 | $111,495 |
| 2022 | $2,412,806 | $63,545 | $151,805 | $135,000 | 14 | $135,000 | $46,740 | $120,059 |
| 2021 | $2,501,066 | $103,330 | $151,233 | $127,000 | 15 | $129,575 | $82,766 | $136,430 |
| 2020 | $2,548,969 | $118,920 | $109,462 | $85,000 | 10 | — | $98,926 | $132,075 |
Under IRS private-foundation payout rules, The Ron and Diane Fagen Family reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s 2024 grants included support for children’s health, veterans and military-related organizations, animal welfare, and local public services. These examples describe the recipients of its grants, not a stated mission of the foundation. St. Jude Children’s Research Hospital describes its mission as advancing cures and prevention for pediatric catastrophic diseases through research and treatment, with treatment not denied based on race, religion, or a family’s ability to pay. The Gary Sinise Foundation says it supports veterans, military personnel, first responders, their families, and families of fallen heroes through programs that build communities of support.
Grantmaking
In 2024, the foundation made 13 grants totaling $107,000. Grant amounts ranged from $1,000 to $50,000, with a median grant of $5,000. The largest awards included $50,000 to the American Red Cross, $10,000 each to Shriners Children’s Twin Cities and St. Jude Children’s Research Hospital, and $9,000 to Wounded Warrior Project. Other reported grants included $5,000 to Hawk Creek Animal Shelter, Minnesotans’ Military Appreciation Fund, and the Gary Sinise Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Diane Fagen as president; Ron Fagen as vice president/treasurer; and Evan Fagen and Aaron Fagen as directors.
The Ron and Diane Fagen Family is led by Diane Fagen, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Diane Fagen
President
On filings since 2020
1 hr/week
No compensation reported
Aaron Fagen
Director
On filings since 2020
1 hr/week
No compensation reported
Evan Fagen
Director
On filings since 2020
1 hr/week
No compensation reported
Ron Fagen
Vice President & Treasurer
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 Ron and Diane Fagen Family
How much does The Ron and Diane Fagen Family give each year?
The Ron and Diane Fagen Family gave $107K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $120K across 14 grants.
What is The Ron and Diane Fagen Family's typical grant size?
The Ron and Diane Fagen Family's median grant in 2024 was $5,000, and its average grant was $8,231, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Ron and Diane Fagen Family that year got $3K on average.
Where does The Ron and Diane Fagen Family give grants?
The Ron and Diane Fagen Family's top state is District of Columbia, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Minnesota (31%) and Tennessee (14%). The most frequent recipient cities were Granite Falls, MN (4 grants).
Does The Ron and Diane Fagen Family give general operating support?
Yes: 100% of The Ron and Diane Fagen Family's 2024 grants with a stated purpose (13 of 13) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Ron and Diane Fagen Family's largest grantees?
The Ron and Diane Fagen Family's largest 2024 grantees include American Red Cross ($50,000), Shriners Children's Twin Cities ($10,000) and St Jude Children's Research Hospital ($10,000), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.
How large is The Ron and Diane Fagen Family?
The Ron and Diane Fagen Family reported $2.3M in total assets on its 2024 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Ron and Diane Fagen Family fund?
The foundation’s 2024 grants included support for children’s health, veterans and military-related organizations, animal welfare, and local public services. These examples describe the recipients of its grants, not a stated mission of the foundation. St. See mission & focus areas ↑
How do I apply for a grant from The Ron and Diane Fagen Family?
The foundation states that it 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 Ron and Diane Fagen Family's EIN?
The Ron and Diane Fagen Family's EIN (Employer Identification Number) is 20-2019581. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Ron and Diane Fagen Family accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). The Ron and Diane Fagen Family funder profile. GrantGraph. Retrieved October 6, 2026, from https://grantable.co/funders/the-ron-and-diane-fagen-family-morg_9cca100bcbbb44b1a9a4d0386385101a
BibTeX
@misc{grantable_202019581_2026,
author = {{Grantable}},
title = {{The Ron and Diane Fagen Family funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-ron-and-diane-fagen-family-morg_9cca100bcbbb44b1a9a4d0386385101a},
note = {Accessed 2026-10-06. 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 Ron and Diane Fagen Family'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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