Wanetta M and Joseph B Hagan Jr Charitable

Private foundation · Grantmaker Louisville, KY EIN: 45-6730870

Wanetta M and Joseph B Hagan Jr Charitable is a private foundation, based in Louisville, KY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $866K in total assets. In 2025, it awarded 6 grants totaling $73K. Net investment income was $95K.

Key facts about Wanetta M and Joseph B Hagan Jr Charitable

In short: Wanetta M and Joseph B Hagan Jr Charitable gave $73K across 6 grants in 2025 (avg $12K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

EIN
45-6730870
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$73,368
Grants made (2025)
6
Average grant
$12,228
Median grant
$12,228
Total assets
$866,062
Primary geography
Kentucky (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated October 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$866K

+2.0% YoY

Annual Giving

$73K

+16.4% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$12K

+16.4% YoY

Under IRS private-foundation payout rules, Wanetta M and Joseph B Hagan Jr Charitable reported a distributable amount of $86K for 2025 — the minimum it must pay out in qualifying distributions.

How Wanetta M and Joseph B Hagan Jr Charitable gives

  • Giving held roughly steady from 2022 to 2025 (+2%). Method
  • In 2025 it paid out 90% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

1state

Share of 2025 grant dollars across all 6 itemized grants.

States

Cities

Louisville

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K6 grants2020 6 grants2021 6 grants2022 6 grants2023 6 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $53K (2020) to $73K (2025). In 2025 it made 6 grants totaling $73K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

The Salvation Army: $12KThe Salvation Army$12KHome of the Innocents: $12KHome of the Innocents$12KSt Thomas' Orphan Society Inc and St Vincent's Orphan Society Inc: $12KSt Thomas' Orphan Society Incand St Vincent's Orphan…$12KSt Joseph Children's Home: $12KSt Joseph Children's Home$12KFather Maloney's Boy's Haven Inc: $12KFather Maloney's Boy's HavenInc$12KVolunteers of America Mid-States: $12KVolunteers of AmericaMid-States$12K

The largest 2025 recipient was The Salvation Army ($12K). Together the top 6 received $73K.

Grant Size Distribution

30 grants across all recorded years

30<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 30 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Salvation Army Louisville, KYGeneral Charitable$12,228
Home of the Innocents Louisville, KYGeneral Charitable$12,228
St Thomas' Orphan Society Inc and St Vincent's Orphan Society Inc Louisville, KYGeneral Charitable$12,228
St Joseph Children's Home Louisville, KYGeneral Charitable$12,228
Father Maloney's Boy's Haven Inc Louisville, KYGeneral Charitable$12,228
Volunteers of America Mid-States Louisville, KYGeneral Charitable$12,228

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$866,062$849,111$876,805
Revenue$107,770$52,621$61,001
Expenses$91,090$80,106$75,140
Qualifying Distributions$77,572$66,865$64,643
Net Investment Income$94,706$40,740$48,837
Distributable Amount$86,406$77,197$66,449

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 27, 2023)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 25, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS April 17, 2026)

Leadership & Key People

Officers and directors from IRS filings

Wanetta M and Joseph B Hagan Jr Charitable's only listed officer is Baird Trust Company, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Baird Trust Company

    Trustee

    On filings since 2021

    2 hrs/week

    $14K (2021) → $16K (2025)

Former officers (1)
  • Former: Hilliard Lyons Trust Company LLC (2020) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Baird Trust Company — Trustee: $16KBaird Trust CompanyTrustee$16K

The highest reported compensation on the 2025 filing was $16K, to Baird Trust Company (Trustee).

Frequently asked questions about Wanetta M and Joseph B Hagan Jr Charitable

How much does Wanetta M and Joseph B Hagan Jr Charitable give each year?

Wanetta M and Joseph B Hagan Jr Charitable gave $73K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $63K across 6 grants.

What is Wanetta M and Joseph B Hagan Jr Charitable's typical grant size?

Wanetta M and Joseph B Hagan Jr Charitable's median grant in 2025 was $12,228, and its average grant was $12,228, across 6 grants on its 2025 IRS Form 990-PF.

Where does Wanetta M and Joseph B Hagan Jr Charitable give grants?

Wanetta M and Joseph B Hagan Jr Charitable gives mostly in Kentucky: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (6 grants).

Does Wanetta M and Joseph B Hagan Jr Charitable give general operating support?

Yes: 100% of Wanetta M and Joseph B Hagan Jr Charitable's 2025 grants with a stated purpose (6 of 6) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Wanetta M and Joseph B Hagan Jr Charitable's largest grantees?

Wanetta M and Joseph B Hagan Jr Charitable's largest 2025 grantees include The Salvation Army ($12,228), Home of the Innocents ($12,228) and St Thomas' Orphan Society Inc and St Vincent's Orphan Society Inc ($12,228), according to its 2025 IRS Form 990-PF. Together they received 50% of its itemized 2025 grant dollars.

How large is Wanetta M and Joseph B Hagan Jr Charitable?

Wanetta M and Joseph B Hagan Jr Charitable reported $866K in total assets on its 2025 IRS Form 990-PF. It paid out $78K in qualifying distributions that year, against a required minimum of $86K (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 is Wanetta M and Joseph B Hagan Jr Charitable's EIN?

Wanetta M and Joseph B Hagan Jr Charitable's EIN (Employer Identification Number) is 45-6730870. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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