Hubert & Richard Hanlon Trust
- Assets
- $1.9m
- Revenue
- $126.5k
- Investments
- $1.8m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-6720237
Organization Overview
Hubert & Richard Hanlon Trust is located in Wichita, KS. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hubert & Richard Hanlon Trust 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 12/2022, Hubert & Richard Hanlon Trust generated $126.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $127.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emprise Bank Trustee | 1 | $21,446 | |
Roger Theis Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $842 |
| Dividends & Interest | $57,371 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $41,729 |
| Capital Gain Net Income | $41,729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,561 |
| Total Revenue | $126,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,446 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $573 |
| Taxes | $3,434 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,193 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $127,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $42,723 |
| Net Accounts receivable | $740 |
| 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 | $144,017 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,862,549 |
| 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, Hubert & Richard Hanlon Trust has awarded $250,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BROWN UNIVERSITY PURPOSE: GRANTS FOR STUDIES AND RESEARCH OF THE CAUSES, PREVENTION, AND CURE OF ALCOHOLISM AND ALCOHOL ABUSE AND DEPENDENCY. | $200,000 |
NAATP FDN FOR RECOVERY SCIENCE EDUC PURPOSE: GRANTS FOR STUDIES AND RESEARCH OF THE CAUSES, PREVENTION, AND CURE OF ALCOHOLISM AND ALCOHOL ABUSE AND DEPENDENCY. | $50,900 |