Also known as: Foundation Inc
Virginia Clark Hagen Charitable Foundation Inc. is a private corporation based in LEXINGTON, KY. The foundation received its IRS ruling in 1990. The principal officer is % Herbert D Sledd. It holds total assets of $10.2M. Annual income is reported at $2.8M. According to available records, Virginia Clark Hagen Charitable Foundation Inc. has made 65 grants totaling $5.6M, with a median grant of $80K. Annual giving has grown from $824K in 2020 to $990K in 2023. Grantmaking activity was highest in 2022 with $2.1M distributed across 22 grants. Individual grants have ranged from $15K to $200K, with an average award of $87K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Kentucky and Georgia. Contributions to this foundation are tax-deductible.
Virginia Clark Hagen Charitable Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 65 grants. Its grantmaking reaches organizations primarily in KY, GA.
Virginia Clark Hagen Charitable Foundation Inc. has distributed a total of $5.6M across 65 grants. The median grant size is $80K, with an average of $87K. Individual grants have ranged from $15K to $200K.
Virginia Clark Hagen Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Virginia Clark Hagen Charitable Foundation Inc. is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Elizabeth Blackford | Director | $700 | $0 | $700 |
| Sarah Clark | Vice President | $0 | $0 | $0 |
| Charles Shearer | Secretary | $0 | $0 | $0 |
| Donald Rardin | President | $0 | $0 | $0 |
| Mark Macdonald | Treasurer | $0 | $0 | $0 |
Total Giving
$1.2M
Total Assets
$10.3M
Fair Market Value
$20.8M
Net Worth
$10.3M
Grants Paid
$990K
Contributions
$0
Net Investment Income
$687K
Distribution Amount
$970K
Total: $9.9M
Total Grants
65
Total Giving
$5.6M
Average Grant
$87K
Median Grant
$80K
Unique Recipients
11
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyBoys & Girls Club | Lexington, KY | $150K | 2023 |
| Carnegie Center For LiteracyLiteracy Programs | Lexington, KY | $185K | 2023 |
| Transylvania UniversityScholarship Funds | Lexington, KY | $150K | 2023 |
| International Book ProjectLiteracy Programs | Lexington, KY | $125K | 2023 |
| National Christian FoundationEducation & Literacy | Alpharetta, GA |
| $100K |
| 2023 |
| Central Music AcademyYouth Music Education | Lexington, KY | $95K | 2023 |
| Commonwealth Fund For KetYouth Education | Lexington, KY | $75K | 2023 |
| Frontier Nursing UniversityEducation | Versailles, KY | $50K | 2023 |
| Christian Appalachian ProjectYouth Education | Lexington, KY | $20K | 2023 |
| Henry Clay Center For StatesmanshipYouth Education | Lexington, KY | $20K | 2023 |
| Kentucky Historical SocietyYouth Education | Frankfort, KY | $20K | 2023 |
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