Virginia Clark Hagen Charitable Foundation Inc

Organization Overview

Virginia Clark Hagen Charitable Foundation Inc is located in Lexington, KY. The organization was established in 1990. 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. Virginia Clark Hagen Charitable Foundation Inc 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, Virginia Clark Hagen Charitable Foundation Inc generated $865.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Virginia Clark Hagen Charitable Foundation Inc has awarded 43 individual grants totaling $3,594,000. 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)Compensation
Elizabeth Blackford
Director
$1,050
Elizabeth Blackford
President
$0
Sarah Clark
Director
$1,050
Sarah Clark
Vice President
$0
Charles Shearer
Director
$1,050
Charles Shearer
Secretary
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $5,840
Dividends & Interest $315,086
Net Rental Income$0
Net Gain on Sale of Assets $543,925
Capital Gain Net Income $543,925
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $232
Total Revenue $865,083

Grants Awarded

Over the last fiscal year, Virginia Clark Hagen Charitable Foundation Inc has awarded $1,050,000 in support to 11 organizations.

Grant RecipientAmount

CARNEGIE CENTER FOR LITERACY

PURPOSE: LITERACY PROGRAMS

$185,000

CENTRAL MUSIC ACADEMY

PURPOSE: YOUTH MUSIC EDUCATION

$95,000

INTERNATIONAL BOOK PROJECT

PURPOSE: LITERACY PROGRAMS

$115,000

SALVATION ARMY

PURPOSE: BOYS & GIRLS CLUB

$165,000

TRANSYLVANIA UNIVERSITY

PURPOSE: SCHOLARSHIP FUNDS

$200,000

FRONTIER NURSING UNIVERSITY

PURPOSE: EDUCATION

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Emerson Elec Charitable Trust
Po Box Chica, IL
$20,800,942
Fred F Silk Charitable Foundation
Louisville, OH
$2,703,630
The Baxter Foundation
Deerfield, IL
$7,309,888
Liberty Fund Inc
Carmel, IN
$12,931,336
Joseph L & Sarah S Marcum Foundation
Chicago, IL
$6,419,437
Zell Family Foundation
Chicago, IL
$8,732,513
Dominion Energy Charitable Foundation
Richmond, VA
$24,733,672
The Lozick Family Foundation
Pepper Pike, OH
$17,083,229
Howley Foundation Ua 05192016
Cleveland, OH
$31,782,435
Timken Foundation Of Canton
Canton, OH
$82,798,453
Marie C & Joseph C Wilson Foundation
Chicago, IL
$53,412
Endless Success Foundation Inc
Indianapolis, IN
$229,409,684
Stanley M Herzog Charitable Foundation
Smithville, MO
$8,534,309
The Bobolink Foundation
Chicago, IL
$38,620,882
Seton Education Partners
Cincinnati, OH
$18,600,086
Charles F Kettering Foundation
Dayton, OH
$49,720,054
Alphawood Foundation
Chicago, IL
$15,256,055
Peoples Support Foundation Limited
Chicago, IL
$4,214,350
Jay And Jeanie Schottenstein Foundation
Columbus, OH
$13,356,737
Roger And Susan Stone Family Foundation
Northbrook, IL
$228,679
Alvin Goldfarb Foundation
Saint Louis, MO
$5,228,317
Jjy Family Foundation
Lagrange, IL
$7,182,696
Dekko Foundation Inc
Kendallville, IN
$13,625,158
P H P Inc
Hopkinsville, KY
$15,481,766
J R Hyde Iii Foundation
Memphis, TN
$18,323,305

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