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Hageman Foundation Of Hope is a private corporation based in MONTICELLO, MN. The foundation received its IRS ruling in 2006. The principal officer is Robert Hageman. It holds total assets of $8.2M. Annual income is reported at $3.6M. Total assets have grown from $1.3M in 2011 to $8.2M in 2024. 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 2020 to 2024. Grantmaking is concentrated in Minnesota. According to available records, Hageman Foundation Of Hope has made 90 grants totaling $2.6M, with a median grant of $7K. Annual giving has grown from $721K in 2021 to $1.8M in 2022. Individual grants have ranged from $300 to $400K, with an average award of $28K. The foundation has supported 39 unique organizations. The foundation primarily supports organizations in Minnesota, Colorado, North Carolina, which account for 71% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$8K
Average Grant
$15K
Largest Grant
$45K
Based on 29 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.
Hageman Foundation Of Hope primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 90 grants. Its grantmaking reaches organizations primarily in MN, CO, NC.
Hageman Foundation Of Hope has distributed a total of $2.6M across 90 grants. The median grant size is $7K, with an average of $28K. Individual grants have ranged from $300 to $400K.
Hageman Foundation Of Hope typically selects its grantees rather than accepting unsolicited proposals.
Hageman Foundation Of Hope is headquartered in MONTICELLO, MN. While based in MN, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert Hageman | PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Colleen Hageman | DIRECTOR | $0 | $0 | N/A |
| Michael Hageman | VICE PRESIDENT, DIRECTOR | $0 | $0 | N/A |
| Stacy K O Hageman | TREASURER/SECRETARY, DIRECTOR | $0 | $0 | N/A |
| Tiani K Hageman | DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$8.2M
Fair Market Value
N/A
Net Worth
$8.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
90
Total Giving
$2.6M
Average Grant
$28K
Median Grant
$7K
Unique Recipients
39
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Faith In ActionUNRESTRICTED CHARITABLE GIFTS | Becker, MN | $47K | 2022 |
| Salvation ArmyUNRESTRICTED CHARITABLE GIFTS | St Paul, MN | $40K | 2022 |
| American Cancer SocietyUNRESTRICTED CHARITABLE GIFTS | Minneapolis, MN | $1K | 2022 |
| What Matters Ministry & MissionUNRESTRICTED CHARITABLE GIFTS | Colorado Springs, CO | $400K | 2022 |
| Buffalo Food ShelfUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $65K | 2022 |
| Monticello Help CenterUNRESTRICTED CHARITABLE GIFTS | Monticello, MN | $65K | 2022 |
| Love In The Name Of Christ - Love IncUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $57K | 2022 |
| Hope AcademyUNRESTRICTED CHARITABLE GIFTS | Minneapolis, MN | $50K | 2022 |
| Union Gospel MissionUNRESTRICTED CHARITABLE GIFTS | St Paul, MN | $40K | 2022 |
| Samaritan'S PurseUNRESTRICTED CHARITABLE GIFTS | Boone, NC | $35K | 2022 |
| Special OlympicsUNRESTRICTED CHARITABLE GIFTS | Minneapolis, MN | $25K | 2022 |
| Mn Adultteen ChallengeUNRESTRICTED CHARITABLE GIFTS | Minneapolis, MN | $21K | 2022 |
| Fr Tom Rayar Hands Of HopeUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $19K | 2022 |
| Legacy Hunting & Fishing RetreatUNRESTRICTED CHARITABLE GIFTS | Rogers, MN | $13K | 2022 |
| Sharing & Caring HandsUNRESTRICTED CHARITABLE GIFTS | Minneapolis, MN | $10K | 2022 |
| Buffalo Covenant ChurchUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $5K | 2022 |
| Toys For TotsUNRESTRICTED CHARITABLE GIFTS | Triangle, VA | $5K | 2022 |
| Buffalo United Methodist ChurchUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $4K | 2022 |
| Red Cloud Indian SchoolUNRESTRICTED CHARITABLE GIFTS | Pine Ridge, SD | $3K | 2022 |
| Wounded Warriors ProjectUNRESTRICTED CHARITABLE GIFTS | Jacksonville, FL | $3K | 2022 |
| Paws For Purple HeartsUNRESTRICTED CHARITABLE GIFTS | Penngrove, CA | $3K | 2022 |
| Tunnel To TowersUNRESTRICTED CHARITABLE GIFTS | Staten Island, NY | $2K | 2022 |
| Alzheimers AssociationUNRESTRICTED CHARITABLE GIFTS | Clarksburg, MD | $2K | 2022 |
| American Legion CharitiesUNRESTRICTED CHARITABLE GIFTS | Mound, MN | $2K | 2022 |
| Bison Fishing ForeverUNRESTRICTED CHARITABLE GIFTS | Buffalo, MN | $1K | 2022 |
| United Service OrganizationsUNRESTRICTED CHARITABLE GIFTS | Arlington, VA | $1K | 2022 |