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Hacet Foundation Inc. is a private corporation based in PROSPECT, KY. The foundation received its IRS ruling in 2014. It holds total assets of $22.5M. Annual income is reported at $22.9M. Total assets have grown from $1.8M in 2013 to $4M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Kentucky and New York. According to available records, Hacet Foundation Inc. has made 32 grants totaling $6.3M, with a median grant of $25K. The foundation has distributed between $1.3M and $2.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $2.3M distributed across 12 grants. Individual grants have ranged from $500 to $1.1M, with an average award of $197K. The foundation has supported 10 unique organizations. The foundation primarily supports organizations in New York, Kentucky, Minnesota, which account for 97% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$25K
Average Grant
$184K
Largest Grant
$1.1M
Based on 7 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Hacet Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in NY, KY, MN.
Hacet Foundation Inc. has distributed a total of $6.3M across 32 grants. The median grant size is $25K, with an average of $197K. Individual grants have ranged from $500 to $1.1M.
Hacet Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hacet Foundation Inc. is headquartered in PROSPECT, KY. While based in KY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Danielle Mcwhorter | DIRECTOR | $0 | $0 | N/A |
| Sonya Hacet | VICE PRESIDENT | $0 | $0 | N/A |
| Ara Hacet | PRESIDENT | $0 | $0 | N/A |
| Sara Thomas | SECRETARY/TREASURER | $0 | $0 | N/A |
| Nicole Wasko | DIRECTOR | $0 | $0 | N/A |
Total Giving
$1.3M
Total Assets
$4M
Fair Market Value
$4.7M
Net Worth
$4M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$148K
Distribution Amount
$221K
Total: $3M
Total Grants
32
Total Giving
$6.3M
Average Grant
$197K
Median Grant
$25K
Unique Recipients
10
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Big Brothers Big SistersCHARITABLE | Louisville, KY | $5K | 2022 |
| University Of LouisvilleCHARITABLE | Louisville, KY | $25K | 2021 |
| Children Of Armenia FundCHARITABLE | New York, NY | $1.1M | 2023 |
| Fund For Armenian ReliefCHARITABLE | New York, NY | $215K | 2023 |
| Center For Women And FamiliesCHARITABLE | Louisville, KY | $10K | 2023 |
| The Salvation ArmyCHARITABLE | Louisville, KY | $25K | 2022 |
| Ronald Mcdonald House CharitiesCHARITABLE | Louisville, KY | $5K | 2022 |
| Mayo ClinicCHARITABLE | Rochester, MN | $100K | 2020 |
| Nativity Academy At St BonifaceCHARITABLE | Louisville, KY | $1K | 2020 |
| Toys For Tots FoundationCHARITABLE | Triangle, VA | $500 | 2020 |
FT MITCHELL, KY
LAGRANGE, KY
COVINGTON, KY