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Hackerman Foundation Inc

Annual Giving
$12.4M
Grant Range
$250K - $0.5M

Hackerman Foundation Inc

Quick Stats

  • Annual Giving: $12.4 million (2024)
  • Success Rate: Not available
  • Decision Time: Not available
  • Grant Range: Varies widely (observed grants from $250,000 to $500,000)
  • Geographic Focus: Primarily Maryland and surrounding regions

Contact Details

  • Website: None identified
  • Phone: Not publicly listed
  • Email: Not publicly listed
  • Address: Towson, MD

Overview

The Hackerman Foundation Inc is a private family foundation established as a 501(c)(3) nonprofit in July 1986. Based in Towson, Maryland, the foundation has experienced remarkable growth in recent years, with total assets increasing from approximately $4 million in 2019 to $87 million in 2024. The foundation disbursed $12.4 million in charitable contributions in 2024, representing 93.9% of its total expenses. The foundation is supported by The Whiting-Turner Contracting Company and operates under the leadership of the Hackerman family, with no compensation reported for board members.

Funding Priorities

Grant Programs

Based on recent grant activity:

  • Educational institutions: Grants ranging from $250,000 to $300,000
  • Philanthropic support organizations: Up to $500,000
  • Religious education institutions: Approximately $300,000

Priority Areas

Based on observed grant patterns:

  • Higher education
  • Jewish education and religious organizations
  • Philanthropic infrastructure and support organizations
  • General education initiatives

What They Don't Fund

No explicit exclusions identified from available sources

Governance and Leadership

Board of Directors:

  • Nancy Hackerman - President/Treasurer
  • Steven Hackerman - Vice President
  • Audrey Rego - Secretary

The foundation operates with a lean governance structure and reports no compensation for board members, suggesting a commitment to maximizing charitable impact.

Application Process & Timeline

How to Apply

This funder does not have a public application process. Grants appear to be awarded at the discretion of the board of directors based on pre-existing relationships and trustee-identified opportunities.

Decision Timeline

Not publicly available

Success Rates

Not publicly available

Reapplication Policy

No information available

Application Success Factors

Based on observed grant patterns:

  • Strong alignment with education sector, particularly higher education institutions in Maryland
  • Established institutional credibility (recent recipients include Johns Hopkins University and Rockefeller Philanthropy Advisors)
  • Organizations with significant community impact in the Maryland region
  • Religious educational institutions with demonstrated need

Key Takeaways for Grant Writers

  • The Hackerman Foundation operates as a private family foundation without a public application process
  • Focus appears to be on established institutions rather than grassroots organizations
  • Strong preference for educational initiatives, particularly in Maryland
  • Significant capacity for large grants ($250,000-$500,000 range)
  • Foundation has dramatically increased its giving capacity in recent years (from $4M to $87M in assets)
  • Connection to The Whiting-Turner Contracting Company may indicate interest in construction/infrastructure-related educational projects

References

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