Hagan Family Fund
- Assets
- $0.0
- Revenue
- $158.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 07/1995
- Data as of
- 12/2020
- EIN
- 56-1905696
Organization Overview
Hagan Family Fund is located in Greensboro, NC. The organization was established in 1995. 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. Hagan Family Fund 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 12/2020, Hagan Family Fund generated $158.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $101.3k during the year ending 12/2020. While expenses have increased by 5.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hagan Family Fund has awarded 248 individual grants totaling $461,486. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles T Hagan IV Vice President/director | 0.1 | $0 | |
David B Hagan Vice President/director | 0.1 | $0 | |
Blair C Hagan Vice President/director | 0.1 | $0 | |
Henry G Hagan Vice President/director | 0.1 | $0 | |
Anne B Hagan Vice President/director | 0.1 | $0 | |
John C Hagan Vice President/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $48,332 |
| Profit on Inventory Sales | $0 |
| Other Income | $29,561 |
| Total Revenue | $158,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $25,317 |
| Contributions, gifts, grants paid | $76,000 |
| Total expenses and disbursements | $101,317 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,347 |
| Investments—mortgage loans | $0 |
| Investments—other | $203,443 |
| Other assets | $202 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hagan Family Fund has awarded $74,250 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
Bedford, VA PURPOSE: REPAIR BASEMENT WALL AND FOUNDATION | $10,500 |
UNC GREENSBORO PURPOSE: INTENSIVE CARE SIMULATION LAB | $10,000 |
Lynchburg, VA PURPOSE: GENERAL SUPPORT | $6,000 |
Boston, MA PURPOSE: GENERAL SUPPORT | $6,000 |
Baltimore, MD PURPOSE: GENERAL SUPPORT | $4,000 |
UNC GREENSBORO PURPOSE: MARIE CARTER SCHOLARSHIP FUND | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Arthur M Blank Family Foundation Atlanta, GA | $365,187,486 | $84,889,977 |
Pyramid Peak Foundation Memphis, TN | $230,284,852 | $119,724,559 |
John Bulow Campbell Foundation Atlanta, GA | $793,659,742 | $103,345,098 |
The Rosser Foundation A Pure Charitable Trust And Public Charit Hampton, VA | $12,195,900 | $36,359,396 |
Darla Moore And Richard Rainwater Foundation Lake City, SC | $538,432,800 | $34,322,461 |
Poplar Foundation Memphis, TN | $149,801,224 | $18,419,294 |
John M Belk Endowment Charlotte, NC | $344,527,989 | $19,824,991 |
Plough Foundation Memphis, TN | $29,124,366 | $7,604,937 |
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |