Hager Foundation
- Assets
- $14.9m
- Revenue
- -$561.0k
- Investments
- $14.5m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 10/1996
- Data as of
- 05/2024
- EIN
- 95-4592928
Organization Overview
Hager Foundation is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Hager Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Hager Foundation has awarded 580 individual grants totaling $12,191,064. 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 |
|---|---|---|---|
David Hager President | 0 | $0 | |
Judy Hager Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $43,023 |
| Dividends & Interest | $424,096 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,688,508 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $660,373 |
| Total Revenue | -$561,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,510 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $8,334 |
| Printing and publications | $0 |
| Other expenses | $115,867 |
| Total operating and administrative expenses | $147,711 |
| Contributions, gifts, grants paid | $679,000 |
| Total expenses and disbursements | $826,711 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $372,753 |
| Net Accounts receivable | $0 |
| 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 | $11,041,461 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $14,907,906 |
| Accounts payable and accrued expenses | $0 |
| 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 | $15,000 |
| Total liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Hager Foundation has awarded $679,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
AISH OF LOS ANGELES PURPOSE: GENERAL USE | $5,000 |
AISH TAMID OF LOS ANGELES PURPOSE: GENERAL USE | $3,600 |
BONEI OLAM PURPOSE: GENERAL USE | $3,000 |
CENTRAL FUND OF ISRAEL PURPOSE: GENERAL USE | $48,000 |
CHABAD OF MALIBU PURPOSE: GENERAL USE | $1,800 |
CHABAD OF BAKERSFIELD PURPOSE: GENERAL USE | $4,000 |