Miles & Gertrude W Hanson Foundation 100-0001319
- Assets
- $2.4m
- Revenue
- $76.3k
- Investments
- $2.3m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 04-6814621
Organization Overview
Miles & Gertrude W Hanson Foundation 100-0001319 is located in Dallas, TX. The organization was established in 1998. According to its NTEE Classification (I20) the organization is classified as: Crime Prevention, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miles & Gertrude W Hanson Foundation 100-0001319 is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Miles & Gertrude W Hanson Foundation 100-0001319 generated $76.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $155.4k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Miles & Gertrude W Hanson Foundation 100-0001319 has awarded 14 individual grants totaling $624,718. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $63,146 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,687 |
| Capital Gain Net Income | $6,687 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,492 |
| Total Revenue | $76,325 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,399 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,939 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,387 |
| Total operating and administrative expenses | $45,421 |
| Contributions, gifts, grants paid | $110,000 |
| Total expenses and disbursements | $155,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,480 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,355,989 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Miles & Gertrude W Hanson Foundation 100-0001319 has awarded $110,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LAHEY CLINIC HOSPITAL INC PURPOSE: OPHTHALMOLOGY RESEARCH | $55,000 |
CHILDREN'S HOSPITAL CORP PURPOSE: RESEARCH INTO STRABISMUS | $55,000 |