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Loyal And True Foundation is a private corporation based in ERIE, PA. The foundation received its IRS ruling in 2022. The principal officer is % Christopher Hagerty. It holds total assets of $4.5M. Annual income is reported at $89K. The foundation operates in the area of education. According to available records, Loyal And True Foundation has made 35 grants totaling $763K, with a median grant of $20K. Annual giving has decreased from $572K in 2022 to $191K in 2023. Individual grants have ranged from $1K to $86K, with an average award of $22K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, Ohio, Massachusetts, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Loyal And True Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 35 grants. Its grantmaking reaches organizations primarily in PA, OH, MA.
Loyal And True Foundation has distributed a total of $763K across 35 grants. The median grant size is $20K, with an average of $22K. Individual grants have ranged from $1K to $86K.
Loyal And True Foundation typically selects its grantees rather than accepting unsolicited proposals.
Loyal And True Foundation is headquartered in ERIE, PA. While based in PA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Christopher Hagerty | Chairman | $0 | $0 | $0 |
| David Hallman Jr | Secretary | $0 | $0 | $0 |
| Lawrence Furey Cpa | Treasurer | $0 | $0 | $0 |
| Michael Hagerty | Director | $0 | $0 | $0 |
| John Detisch | Director | $0 | $0 | $0 |
Total Giving
$193K
Total Assets
$4M
Fair Market Value
$4M
Net Worth
$4M
Grants Paid
$191K
Contributions
$55K
Net Investment Income
$24K
Distribution Amount
$0
Total: $3.8M
Total Grants
35
Total Giving
$763K
Average Grant
$22K
Median Grant
$20K
Unique Recipients
16
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cathedral Preparatory SchoolENERAL OPERATING | Erie, PA | $86K | 2023 |
| Kennedy Catholic High SchoolGENERAL OPERATING | Hermitage, PA | $50K | 2023 |
| Dubois Central CatholicGENERAL OPERATING | Dubois, PA | $30K | 2023 |
| Erie Catholic School SystemsGENERAL OPERATING | Erie, PA | $20K | 2023 |
| Padua Franciscan High SchoolGENERAL OPERATING | Parma, OH | $5K | 2023 |
| Owen Mccormick |
| Director |
| $0 |
| $0 |
| $0 |
| St John SchoolGENERAL OPERATING | Ashtabula, OH | $32K | 2022 |
| Cathedral High SchoolENERAL OPERATING | Bostom, MA | $25K | 2022 |
| St Mark'S High SchoolGENERAL OPERATING | Wilmington, DE | $25K | 2022 |
| Cleveland Central Catholic High SchGENERAL OPERATING | Cleveland, OH | $25K | 2022 |
| St Mark'S SeminaryGENERAL OPERATING | Erie, PA | $25K | 2022 |
| Bethel Christian SchoolGENERAL OPERATING | Erie, PA | $10K | 2022 |
| Luther Memorial AcademyGENERAL OPERATING | Erie, PA | $10K | 2022 |
| Erie First Christian AcademyENERAL OPERATING | Erie, PA | $10K | 2022 |
| Mercyhurst Preparatory SchoolGENERAL OPERATING | Erie, PA | $10K | 2022 |
| Lancaster Catholic High SchoolGENERAL OPEERATING | Lancster, PA | $3K | 2022 |
| Gertrude Barber CenterMEMORY OF JOHN MCCORMICK | Erie, PA | $1K | 2022 |
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