EIN 88-0595075

Chad and Patti Hagwood Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2022
Most recent tax filings
2023-12-01
Description
The Chad and Patti Hagwood Foundation is a private foundation located in Birmingham, AL. Its purpose is to handle stock investments through a professional investment advisor in order to maximize investment income for use towards their charitable causes.
Total revenues
$129,487
2023
Total expenses
$30,940
2023
Total assets
$327,224
2023
Num. employees
0
2023

Program areas at Chad and Patti Hagwood Foundation

Stock investments are handled by a professional investment advisor for the purpose of maximizing investment income to be used to further the charitable efforts of the Foundation. This income was generated as part of the investment strategy as managed by the professional advisor.

Grants made by Chad and Patti Hagwood Foundation

GranteeGrant descriptionAmount
Indian Creek Youth CampOperating Support of Organization$2,500
PTA Alabama Congress / Grantswood Community School PTAOperating Support of Organization$400

Personnel at Chad and Patti Hagwood Foundation

NameTitleCompensation
Chad HagwoodPresident$0

Financials for Chad and Patti Hagwood Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$121,090
Investment income and dividends$6,832
Net rental income$0
Net gain from sale of non-inventory assets$1,565
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$129,487

Form 990s for Chad and Patti Hagwood Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-02-20990PFView PDF
2022-122023-05-18990PFView PDF
Data update history
June 3, 2024
Posted financials
Added Form 990PF for fiscal year 2023
July 8, 2023
Updated personnel
Identified 2 new personnel
July 7, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 27, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
100 Village St
Birmingham, AL 35242
Metro area
Birmingham-Hoover, AL
County
Shelby County, AL
Phone
(205) 997-2199
IRS details
EIN
88-0595075
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T00: Philanthropy, Voluntarism, and Grantmaking Foundations: General
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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