Marc And Sharon Hagle Operating Foundation

Organization Overview

Marc And Sharon Hagle Operating Foundation is located in Winter Park, FL. The organization was established in 2014. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Marc And Sharon Hagle Operating 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 12/2022, Marc And Sharon Hagle Operating Foundation generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.5m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Marc And Sharon Hagle Operating Foundation has awarded 143 individual grants totaling $14,712,679. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

DONATION TO UNIVERSITY OF CENTRAL FLORIDA ATHLETICS FOR BUILDING CONSTRUCTION, RENOVATIONS, AND PHYSICAL IMPROVEMENTS.


SCHOLARSHIPS TO PURDUE STUDENTS TO FURTHER EXCELLENCE IN ARTS EDUCATION


SCHOLARSHIPS FOR ORLANDO BALLET STUDENTS TO FURTHER EXCELLENCE IN ARTS EDUCATION


DONATIONS TO UNIVERSITY OF CENTRAL FLORIDA ATHLETICS FOR BUILDING CONSTRUCTION, RENOVATIONS, AND PHYSICAL IMPROVEMENTS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,019,500
Interest on Savings $11
Dividends & Interest $0
Net Rental Income$777,476
Net Gain on Sale of Assets $243,735
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $4,059,246

Grants Awarded

Over the last fiscal year, Marc And Sharon Hagle Operating Foundation has awarded $1,237,242 in support to 26 organizations.

Grant RecipientAmount

UNIVERSITY OF CENTRAL FL ATHLETICS

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$1,000,000

Orlando, FL

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$50,000

UNIVERSITY OF CENTRAL FL ATHLETICS

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$25,000

UNIVERSITY OF CENTRAL FL ATHLETICS

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$20,000

UNIVERSITY OF CENTRAL FL ATHLETICS

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$10,000

UNIVERSITY OF CENTRAL FL ATHLETICS

PURPOSE: FOR ASSETS RE NON PROFIT PURPOSE

$10,000
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