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Filing year 2023

HAGEMAN FOUNDATION OF HOPE

Monticello, Minnesota·EIN 20-1700412·NTEE T70 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$1.6M
Total assets
$7.8M
Total expenses
$1.7M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2023. HAGEMAN FOUNDATION OF HOPE reported 5 unpaid officers and board members on its 990-PF.

President, Director
Director
Treasurer/secretary, Director
Director
Vice President, Director

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.6M

Itemized grants

32

Median grant

$5k

RecipientLocationPurposeAmount
HOPE ACADEMYMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$600k
WHAT MATTERS MINISTRY & MISSIONCOLORADO SPRINGS, COUNRESTRICTED CHARITABLE GIFTS$600k
BUFFALO FOOD SHELFBUFFALO, MNUNRESTRICTED CHARITABLE GIFTS$55k
MONTICELLO HELP CENTERMONTICELLO, MNUNRESTRICTED CHARITABLE GIFTS$55k
UNION GOSPEL MISSIONST PAUL, MNUNRESTRICTED CHARITABLE GIFTS$42k
FAITH IN ACTIONBECKER, MNUNRESTRICTED CHARITABLE GIFTS$40k
LOVE IN THE NAME OF CHRIST - LOVE INCBUFFALO, MNUNRESTRICTED CHARITABLE GIFTS$20k
LOVE INC BIG WOODSBUFFALO, MNUNRESTRICTED CHARITABLE GIFTS$20k
SALVATION ARMYST PAUL, MNUNRESTRICTED CHARITABLE GIFTS$20k
SHARING & CARING HANDSMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$20k
FR TOM RAYAR HANDS OF HOPEBUFFALO, MNUNRESTRICTED CHARITABLE GIFTS$17k
SAMARITAN'S PURSEBOONE, NCUNRESTRICTED CHARITABLE GIFTS$10k
SPECIAL OLYMPICSMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$10k
EAGLE BROOK CHURCHCENTERVILLE, MNUNRESTRICTED CHARITABLE GIFTS$5k
LAKESIDE ACADEMYBUFFALO, MNUNRESTRICTED CHARITABLE GIFTS$5k
MN ADULTTEEN CHALLENGEMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$5k
TOYS FOR TOTSTRIANGLE, VAUNRESTRICTED CHARITABLE GIFTS$5k
RED CLOUD INDIAN SCHOOLPINE RIDGE, SDUNRESTRICTED CHARITABLE GIFTS$4k
LEGACY HUNTING & FISHING RETREATROGERS, MNUNRESTRICTED CHARITABLE GIFTS$3k
SUMMIT ACADEMY OICMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$3k
AMERICAN RED CROSSMILWAUKEE, WIUNRESTRICTED CHARITABLE GIFTS$3k
NEW HORIZONS FDNMONTICELLO, MNUNRESTRICTED CHARITABLE GIFTS$3k
AMERICAN CANCER SOCIETYMINNEAPOLIS, MNUNRESTRICTED CHARITABLE GIFTS$2k
TUNNEL TO TOWERSSTATEN ISLAND, NYUNRESTRICTED CHARITABLE GIFTS$2k
WOUNDED WARRIORS PROJECTJACKSONVILLE, FLUNRESTRICTED CHARITABLE GIFTS$2k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

HAGEMAN FOUNDATION OF HOPE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota →
FAQ

Common questions about HAGEMAN FOUNDATION OF HOPE

What are HAGEMAN FOUNDATION OF HOPE's revenue and expenses?

In 2023, HAGEMAN FOUNDATION OF HOPE reported $1.6M in total revenue and $1.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

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