Walter and Virginia Hager
Walter and Virginia Hager is a private foundation based in Mobridge, South Dakota. In its 2025 filing, it reported 17 grants totaling $195,000, with most grant dollars going to recipients in South Dakota.
Key facts about Walter and Virginia Hager
In short: Walter and Virginia Hager gave $195K across 17 grants in 2025 (avg $11K), mostly in South Dakota. Source: 2025 IRS Form 990-PF.
- EIN
- 93-1911941
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $195,000
- Grants made (2025)
- 17
- Average grant
- $11,471
- Median grant
- $10,000
- Total assets
- $4,585,684
- Primary geography
- South Dakota (94% of itemized 2025 grant dollars)
- How to apply
- The foundation’s 2024 filing says to send a letter to Adam Quaschnick, including a copy of the organization’s IRS exemption status and an explanation of the intended use of the funds. Full details ↓
Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$4.6M
+11.7% YoY
Annual Giving
$195K
+7.7% YoY
Grant Count
17
+30.8% YoY
Avg Grant Size
$11K
-17.6% YoY
Under IRS private-foundation payout rules, Walter and Virginia Hager reported a distributable amount of $211K for 2025 — the minimum it must pay out in qualifying distributions.
How Walter and Virginia Hager gives
- 76% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 93% 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 (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants went to churches, a hospital foundation, a school district, a museum, a fire department, and community and recreational organizations, among other recipients.
The Mobridge Rodeo Foundation, which received $12,000 in 2025, describes its own purpose as fostering amateur sports competition by providing facilities for rodeos, competitions, and other community events.
Grantmaking
In 2025, the foundation made 17 grants totaling $195,000. Grants ranged from $1,000 to $30,000, with a median grant of $10,000. Its largest listed awards were $30,000 to Trinity Lutheran Church for support, $25,000 to Mobridge Region Hospital Foundation to support the local hospital, and $15,000 each to the City of Mobridge for equipment and the Mobridge School District for a scholarship program. Other listed awards included $12,000 to the Klein Museum, Mobridge Fire Department, Imperial Methodist Church, and Mobridge Rodeo Foundation.
Review Cycle
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Geographic Focus
Where this funder awards grants
In 2025, 94% of grant dollars went to recipients in South Dakota and 6% to recipients in Nebraska. Listed South Dakota recipients included organizations in Mobridge, Kadoka, and elsewhere in the state; the Nebraska grant listed was to Imperial Methodist Church in Imperial.
Grant Distribution by State
Share of 2025 grant dollars across all 17 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $25K (2023) to $195K (2025). In 2025 it made 17 grants totaling $195K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Trinity Lutheran Church ($30K). Together the top 10 received $152K.
Grant Size Distribution
33 grants across all recorded years
The most common grant size was under $50K: 32 grants of 33 (97%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trinity Lutheran Church Mobridge, SD | Support | $30,000 |
| Mobridge Region Hospital Foundation Mobridge, SD | Support Local Hospital | $25,000 |
| City of Mobridge Mobridge, SD | Equipment | $15,000 |
| Mobridge School District Mobridge, SD | Scholarship Program | $15,000 |
| Klein Museum Mobridge, SD | Support | $12,000 |
| Mobridge Fire Department Mobridge, SD | Support | $12,000 |
| Imperial Methodist Church Imperial, NE | Support | $12,000 |
| Mobridge Rodeo Foundation Mobridge, SD | Support | $12,000 |
| Victory Center Bible Conference Kadoka, SD | Equipment | $10,000 |
| Mobridge Community Development Mobridge, SD | Support | $9,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2025 | $4,585,684 | $705,022 | $225,994 | $195,000 (17 grants) |
| 2024 | $4,106,656 | $562,768 | $185,322 | $181,000 (13 grants) |
| 2023 | $3,729,210 | $3,755,997 | $26,787 | $25,000 (3 grants) |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,585,684 | $4,106,656 | $3,729,210 |
| Revenue | $705,022 | $562,768 | $3,755,997 |
| Expenses | $225,994 | $185,322 | $26,787 |
| Qualifying Distributions | $197,032 | $181,000 | $25,000 |
| Net Investment Income | $221,583 | $123,698 | $4,210 |
| Distributable Amount | $211,336 | $196,004 | $12,473 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 5, 2026)
- IRS filings on file for fiscal years 2023–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Virginia Hager as president, Adam Quaschnick as treasurer, Patricia Feiock as secretary, and Harley Overseth as vice president.
Walter and Virginia Hager is led by Virginia Hager, President on every filing since 2023; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Virginia Hager
President
On filings since 2023
No compensation reported
Adam Quaschnick
Treasurer
On filings since 2023
No compensation reported
Harley Overseth
Vice President
On filings since 2023
No compensation reported
Patricia Feiock
Secretary
On filings since 2023
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Application contact: Adam Quaschnick
Mailing address: PO Box 669, Mobridge, SD 57601
Phone: (605) 845-2927
Frequently asked questions about Walter and Virginia Hager
How much does Walter and Virginia Hager give each year?
Walter and Virginia Hager gave $195K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $181K across 13 grants.
What is Walter and Virginia Hager's typical grant size?
Walter and Virginia Hager's median grant in 2025 was $10,000, and its average grant was $11,471, across 17 grants on its 2025 IRS Form 990-PF.
Where does Walter and Virginia Hager give grants?
Walter and Virginia Hager gives mostly in South Dakota: 94% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Nebraska (6%). The most frequent recipient cities were Mobridge, SD (14 grants).
Does Walter and Virginia Hager give general operating support?
Not in 2025: none of the 17 grants with a stated purpose on Walter and Virginia Hager's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support" (12 grants).
Who are Walter and Virginia Hager's largest grantees?
Walter and Virginia Hager's largest 2025 grantees include Trinity Lutheran Church ($30,000), Mobridge Region Hospital Foundation ($25,000) and City of Mobridge ($15,000), according to its 2025 IRS Form 990-PF. Together they received 36% of its itemized 2025 grant dollars.
How large is Walter and Virginia Hager?
Walter and Virginia Hager reported $4.6M in total assets on its 2025 IRS Form 990-PF. It paid out $197K in qualifying distributions that year, against a required minimum of $211K (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 Walter and Virginia Hager fund?
No mission statement for the foundation is provided. Its 2025 grants went to churches, a hospital foundation, a school district, a museum, a fire department, and community and recreational organizations, among other recipients. See mission & focus areas ↑
How do I apply for a grant from Walter and Virginia Hager?
The foundation’s 2024 filing says to send a letter to Adam Quaschnick, including a copy of the organization’s IRS exemption status and an explanation of the intended use of the funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Walter and Virginia Hager's EIN?
Walter and Virginia Hager's EIN (Employer Identification Number) is 93-1911941. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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