Overview
What is Rex Hagen Family Foundation Inc?
The Rex Hagen Family Foundation is a nonprofit organization that focuses on supporting urban development, religious institutions, and educational initiatives. Demonstrating its commitment, the foundation awarded a scholarship worth $89,280 to Purdue University in West Lafayette, Indiana, and contributed to city enhancements and park improvements in Ligonier, Indiana, with a donation of $70,500. Furthermore, the foundation has been instrumental in funding church projects, such as investing $127,913 in the Ligonier United Methodist Church. Additionally, the Rex Hagen Family Foundation contributed to the City of Holmes Beach, Florida, by funding a playground and park project, worth $50,000. Overall, its mission encompasses strengthening communities, religious organizations, and educational institutions.
Is Rex Hagen Family Foundation Inc legitimate?
Rex Hagen Family Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rex Hagen Family Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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What is the mission statement of Rex Hagen Family Foundation Inc?
The Rex Hagen Family Foundation's mission is centered around providing support to cities, churches, and education. This support is manifested in various ways, including offering scholarships to educational institutions, contributing to city improvements and park projects, funding church projects, and even investing in the development of a playground and park. In the specific instance mentioned, the foundation provided a scholarship of $89,280.00 to Purdue University in West Lafayette, Indiana, supported city enhancements in Ligonier, Indiana with a grant of $70,500.00, funded church projects in Ligonier with $127,913.00, and donated $50,000.00 for a playground and park in Holmes Beach, Florida.
Who is the CEO of Rex Hagen Family Foundation Inc?
Mark Hagen is the Director of Rex Hagen Family Foundation Inc.
What is the revenue of Rex Hagen Family Foundation Inc?
Rex Hagen Family Foundation Inc's revenue in 2022 was $452,029.
Who are the executives of Rex Hagen Family Foundation Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Rex Hagen Family Foundation Inc?
Rex Hagen Family Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rex Hagen Family Foundation Inc
The Rex Hagen Family Foundation is dedicated to offering its support to cities, churches, and education. This nonprofit organization demonstrates its commitment by providing financial aid to various initiatives. For instance, it granted a scholarship worth $89,280.00 to Purdue University located in West Lafayette, IN. Furthermore, the foundation contributed $70,500.00 towards city improvements and parks in the City of Ligonier, IN.
In addition to supporting educational institutions and city development, the Rex Hagen Family Foundation also extends its assistance to churches. It funded a project worth $127,913.00 for the Ligonier United Methodist Church. Moreover, the foundation showed its commitment towards community development by investing $50,000.00 in constructing a playground and park in the City of Holmes Beach, FL.
By engaging in these activities, the Rex Hagen Family Foundation aspires to contribute positively to various sectors, including education, city development, and religious institutions. Its mission is to support these entities and promote growth and improvement in these areas.
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Impact
October, 2024
The Rex Hagen Family Foundation Inc has made a significant impact by focusing on the critical areas of cities, churches, and education. By providing a substantial scholarship of $89,280 to Purdue University in West Lafayette, IN, the foundation has directly contributed to advancing education opportunities for students.
In Ligonier, IN, the foundation has invested $70,500 in city improvements and parks, enhancing the quality of life for residents and creating a more inviting community. Furthermore, its support for the Ligonier United Methodist Church with $127,913 has helped fund essential church projects, strengthening community ties and promoting outreach efforts.
Additionally, the $50,000 allocated for a playground and park in Holmes Beach, FL, reflects the foundation's commitment to creating spaces that encourage recreation and community engagement. Overall, the foundation's contributions have fostered growth, development, and enhancements in various communities, underscoring its impactful mission.
This information is meant to be a general summary of Rex Hagen Family Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $455,309
- Gross Receipts: $596,660
Assets and Liabilities:
- Total Assets: $8,909,292
- Total Liabilities: $0
- Net Assets: $8,909,292
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Organization Details
Founding Year
1986
Phone
(260) 894-3136Principal Officer
Mark Hagen
Main Address
PO BOX 550, LIGONIER, IN, 467670550
NTEE Category
Code: T00 - Philanthropy
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