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Hager Family Charitable Foundation Inc. is a private corporation based in OCEAN CITY, NJ. The foundation received its IRS ruling in 2008. The principal officer is D Daniele Hager. It holds total assets of $1.1M. Annual income is reported at $201K. Total assets have grown from $495K in 2011 to $986K in 2023. The foundation is governed by 2 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 2023. According to available records, Hager Family Charitable Foundation Inc. has made 5 grants totaling $226K, with a median grant of $2K. Annual giving has grown from $60K in 2022 to $166K in 2023. Individual grants have ranged from $2K to $160K, with an average award of $45K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in New Jersey and Pennsylvania. 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.
Hager Family Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in NJ, PA.
Hager Family Charitable Foundation Inc. has distributed a total of $226K across 5 grants. The median grant size is $2K, with an average of $45K. Individual grants have ranged from $2K to $160K.
Hager Family Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hager Family Charitable Foundation Inc. is headquartered in OCEAN CITY, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| D Daniele Hager | TRUSTEE | $0 | $0 | N/A |
| Mark A Daniele | TRUSTEE | $0 | $0 | N/A |
Total Giving
$179K
Total Assets
$986K
Fair Market Value
$1.2M
Net Worth
$986K
Grants Paid
$166K
Contributions
$120K
Net Investment Income
$20K
Distribution Amount
$57K
Total: $946K
Total Grants
5
Total Giving
$226K
Average Grant
$45K
Median Grant
$2K
Unique Recipients
4
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| George Hager Donor Advised FundCHARITABLE | Little Falls, NJ | $160K | 2023 |
| Girl Scouts Of EasternSUPPORT OF DAILY | Miquon, PA | $2K | 2023 |
| Ocean City Yacht Club Fdn IncSUPPORT OF DAILY | Ocean City, NJ | $2K | 2023 |
| The Branches OutreachSUPPORT OF DAILY | Stone Harbor, NJ | $2K | 2023 |