The Wright-hager Foundation Inc
The Wright-hager Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POINT PLEASANT BEACH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 25 grants totaling $175K. Net investment income was $454K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.6M
+8.1% YoY
Annual Giving
$175K
-4.7% YoY
Grant Count
25
+4.2% YoY
Avg Grant Size
$7K
-8.5% YoY
Under IRS private-foundation payout rules, The Wright-hager Foundation Inc reported a distributable amount of $196K for 2024 — the minimum it must pay out in qualifying distributions.
About The Wright-hager Foundation Inc
Based on IRS filings
The Wright-hager Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POINT PLEASANT BEACH, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 25 grants totaling $175K. Net investment income was $454K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,579,092 | $3,311,409 | $3,343,257 |
| Revenue | $492,822 | $196,537 | $-1,954 |
| Expenses | $218,692 | $212,858 | $232,915 |
| Qualifying Distributions | $180,343 | $188,300 | $207,176 |
| Net Investment Income | $454,473 | $171,979 | $80,177 |
| Distributable Amount | $195,836 | $180,230 | $191,082 |
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 2024
Grant Size Distribution
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Upper Valley Haven ($25,000), Step of Faith Ministry ($20,000), Food Bank of Delaware ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| STEP OF FAITH MINISTRY BRICK, NJ | GENERAL SUPPORT | $20,000 |
| FOOD BANK OF DELAWARE MILFORD, DE | 1/2 TO BACKPACK PROGRAM | $10,000 |
| THE UPPER VALLEY HAVEN WHITE RIVER JUNCTION, VT | FOOD SHELF | $25,000 |
| HOWELL POLICE ATHLETIC LEAGUE HOWELL, NJ | GENERAL SUPPORT | $5,000 |
| ASLAN YOUTH MINISTRIES RED BANK, NJ | GENERAL SUPPORT | $5,000 |
| EDNA W RUNNER TUTORIAL CENTER JUPITER, FL | GENERAL SUPPORT | $10,000 |
| UPPER VALLEY HUMANE SOCIETY ENFIELD, NH | GENERAL SUPPORT | $7,500 |
| THE HANOVER IMPROVEMENT SOCIETY HANOVER, NH | GENERAL SUPPORT | $10,000 |
| ALLAIRE COMMUNITY FARM WALL, NJ | GENERAL SUPPORT | $6,500 |
| THE TREVOR PROJECT WEST HOLLYWOOD, CA | GENERAL SUPPORT | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN OLANDER | Director | — | — |
| MICHAEL J WEBB | Director | — | — |
| SUSAN H WEST | President | — | — |
| ROBERT B WEST | Treasurer | — | — |
| AMY S HOCHREITER | Director | — | — |
| LAURIE HAGER | Director | — | — |
| JUSTIN HAGER | Director | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Wright-hager Foundation Inc?
The Wright-hager Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in POINT PLEASANT BEACH, NJ. It holds $3.6M in total assets as of 2024.
How large is The Wright-hager Foundation Inc?
As of 2024, The Wright-hager Foundation Inc holds $3.6M in total assets with $493K in annual revenue. It awarded 25 grants totaling $175K in 2024.
Where does The Wright-hager Foundation Inc operate?
The Wright-hager Foundation Inc has awarded grants in California, Colorado, Delaware, Florida, Maryland, Missouri, North Carolina, New Hampshire, New Jersey, New York, Virginia, Vermont.
What size grants does The Wright-hager Foundation Inc award?
In 2024, The Wright-hager Foundation Inc awarded 25 grants totaling $175K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Wright-hager Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Wright-hager Foundation Inc reported a distributable amount of $196K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Wright-hager Foundation Inc's EIN?
The Wright-hager Foundation Inc's EIN (Employer Identification Number) is 22-3736451. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Wright-hager Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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