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Hamangia Foundation Inc. is a private corporation based in PRINCETON, NJ. The foundation received its IRS ruling in 2017. The principal officer is Ion Baroi. It holds total assets of $1.5M. Annual income is reported at $139K. Total assets have grown from $1.4M in 2019 to $1.9M in 2023. This Foundation established an art sculpture related scholarship fund at Rutgers University School of Arts in New Jersey. 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, Hamangia Foundation Inc. has made 12 grants totaling $47K, with a median grant of $5K. Annual giving has decreased from $38K in 2022 to $9K in 2023. Individual grants have ranged from $518 to $8K, with an average award of $4K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in California and Pennsylvania and New Jersey. Contributions to this foundation are tax-deductible.
This Foundation established an art sculpture related scholarship fund at Rutgers University School of Arts in New Jersey
Expenses: $5K
This Foundation placed ceramic art collection in areas open to the public and advertise the location of the art
Expenses: $3K
The Foundation established an art sculpture related scholarship fund at California State University Northridge Department of Arts in California
Expenses: $8K
Donations to Adams county Pennsylvania arts council and other foundations supporting local artists in Gettysburg PA
Expenses: $6K
This Foundation established an art sculpture related scholarship fund at Rutgers University School of Arts in New Jersey. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in CA, PA, NJ.
Hamangia Foundation Inc. has distributed a total of $47K across 12 grants. The median grant size is $5K, with an average of $4K. Individual grants have ranged from $518 to $8K.
Hamangia Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hamangia Foundation Inc. is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$126K
Total Assets
$1.9M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$9K
Contributions
N/A
Net Investment Income
$313K
Distribution Amount
N/A
Total: $735K
Total Grants
12
Total Giving
$47K
Average Grant
$4K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| California State Univ Northridgescholarship for ceramic students at california state university northridge department of arts | Northridge, CA | $5K | 2023 |
| Rutgers University Foundationscholarship for ceramic students at Rutgers university school of arts | New Brunswick, NJ | $3K | 2023 |
| Adams County Arts Counselsupport local artists in adams county pa | Gettysburg, PA | $1K | 2023 |
| Varioussupport local artists | Variou, PA | $518 | 2023 |
| California State University Northridge FoundationScholarship for ceramic students at California State University Northridge Department of Arts | Northridge, CA | $8K | 2022 |
| Wadoo'S And CompanyTo support local artists in Gettysburg PA | Gettysburg, PA | $1K | 2022 |