The Hagedorn Legacy Foundation
- Assets
- $3.6m
- Revenue
- $788.0
- Investments
- $0.0
- Employees
- 0
- Location
- Port Washington, NY
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 31-1799491
Organization Overview
The Hagedorn Legacy Foundation is located in Port Washington, NY. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hagedorn Legacy Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Hagedorn Legacy Foundation generated $788.0 in total revenue. All expenses for the organization totaled $375.8k during the year ending 12/2021.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATION OF $95,000 TO THE OSU FOUNDATION THROUGH THE MIRACLE-GRO KIDS PROGRAM
DONATION OF $38,458 GIVEN TO 7 STUDENTS FOR PAYMENT OF COLLEGE TUITION THROUGH THE MIRACLE-GRO KIDS PROGRAM.
LEGACY PROGRAM - COUNSELORS AND LIFE-COACHES SERVE AS MENTORS AND COUSELORS FOR STUDENTS THAT RECIEVE MONETARY SUPPORT FROM THE FOUNDATION. THESE INDIVIDUALS SERVE AS MENTORS AND LIFE COACHES TO TEACH NECESSARY SKILLS TO BE SUCCESSFUL FINANCIALLY AND RELATIONALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Hagedorn President | 0 | $0 | |
Cory Miller Treasurer | 0 | $0 | |
Su Lok Secretary | 0 | $0 | |
Rob Mcmahon Director | 0 | $0 | |
Jim Hagedorn Director | 0 | $0 | |
Hope Reeves Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $788 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $788 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16 |
| Depreciation | $0 |
| Occupancy | $1,303 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76,252 |
| Total operating and administrative expenses | $242,385 |
| Contributions, gifts, grants paid | $133,458 |
| Total expenses and disbursements | $375,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,314 |
| Savings and temporary cash investments | $3,586,900 |
| Net Accounts receivable | $4,150 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,603,364 |
| Accounts payable and accrued expenses | $12,358 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,358 |
Grants Awarded
Over the last fiscal year, The Hagedorn Legacy Foundation has awarded $133,458 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
OSU FOUNDATION PURPOSE: EDUCATIONAL | $95,000 |
MALIK ALI CHANDLER PURPOSE: EDUCATIONAL | $19,917 |
AARON THOMAS-CRAWFORD PURPOSE: EDUCATIONAL | $10,156 |
ACHRAF TCHICHA PURPOSE: EDUCATIONAL | $4,379 |
RODNEY BOYD PURPOSE: EDUCATIONAL | $1,880 |
CHRISTOPHER T HAYES II PURPOSE: EDUCATIONAL | $1,252 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Adelson Family Foundation Needham, MA | $5,626,414 | $49,822,227 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |