Wallace J Hagedorn Kent State University

CINCINNATI, OH EIN: 61-6489655

Wallace J Hagedorn Kent State University is a private foundation focused on Education, based in CINCINNATI, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 1 grants totaling $192K. Net investment income was $212K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.8M

+0.3% YoY

Annual Giving

$192K

+3.8% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$192K

+3.8% YoY

Under IRS private-foundation payout rules, Wallace J Hagedorn Kent State University reported a distributable amount of $206K for 2024 — the minimum it must pay out in qualifying distributions.

About Wallace J Hagedorn Kent State University

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $980K (100%)

States

Ohio

Cities

Kent

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,805,183	$3,794,783	$3,806,623
Revenue	$246,360	$211,075	$215,372
Expenses	$235,960	$222,913	$288,947
Qualifying Distributions	$198,640	$191,234	$242,788
Net Investment Income	$211,597	$179,624	$175,538
Distributable Amount	$205,518	$191,673	$208,660

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Kent State University ($192,000).

Recipient	Purpose	Amount
KENT STATE UNIVERSITY KENT, OH	SCHOLARSHIPS	$192,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIFTH THIRD BANK NA	TRUSTEE	1	$38,235

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Wallace J Hagedorn Kent State University?

Wallace J Hagedorn Kent State University is a private foundation focused on Education, based in CINCINNATI, OH. It holds $3.8M in total assets as of 2024.

How large is Wallace J Hagedorn Kent State University?

As of 2024, Wallace J Hagedorn Kent State University holds $3.8M in total assets with $246K in annual revenue. It awarded 1 grants totaling $192K in 2024.

Where does Wallace J Hagedorn Kent State University operate?

Wallace J Hagedorn Kent State University has awarded grants in Ohio.

What size grants does Wallace J Hagedorn Kent State University award?

In 2024, Wallace J Hagedorn Kent State University awarded 1 grants totaling $192K — an average of about $192K per grant, based on its IRS Form 990 filings.

How much is Wallace J Hagedorn Kent State University required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Wallace J Hagedorn Kent State University reported a distributable amount of $206K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Wallace J Hagedorn Kent State University's EIN?

Wallace J Hagedorn Kent State University's EIN (Employer Identification Number) is 61-6489655. IRS Form 990 filing data is available on this page for 2020–2024.