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Hackett Family Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 2022. The principal officer is Dave Korte C/O Bdo Usa. It holds total assets of $3.1M. Annual income is reported at $1.7M. Total assets have grown from $850K in 2021 to $2M in 2023. The foundation is governed by 4 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 2021 to 2023. According to available records, Hackett Family Foundation has made 3 grants totaling $250K, with a median grant of $100K. The foundation has distributed between $125K and $125K annually from 2022 to 2023. Individual grants have ranged from $25K to $125K, with an average award of $83K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Kentucky and Michigan. Contributions to this foundation are tax-deductible.
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.
Hackett Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in KY, MI.
Hackett Family Foundation has distributed a total of $250K across 3 grants. The median grant size is $100K, with an average of $83K. Individual grants have ranged from $25K to $125K.
Hackett Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hackett Family Foundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| J Patrick Hackett Jr | Treasurer | $0 | $0 | N/A |
| James P Hackett | President, Director | $0 | $0 | N/A |
| Melissa M Hackett | Secretary | $0 | $0 | N/A |
| Alexandra Ketchum | Assistant Secretary | $0 | $0 | N/A |
Total Giving
$237K
Total Assets
$2M
Fair Market Value
$2.6M
Net Worth
$2M
Grants Paid
$125K
Contributions
$34K
Net Investment Income
$59K
Distribution Amount
$124K
Total: $1.8M
Total Grants
3
Total Giving
$250K
Average Grant
$83K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$125K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eastern Kentucky UniversityGENERAL OPEREATING | Richmond, KY | $125K | 2023 |
| Grand Rapids Civic TheatreGENERAL OPERATING | Grand Rapids, MI | $100K | 2022 |
| West Michigan United WayGENERAL OPERATING | Grand Rapids, MI | $25K | 2022 |