The Hahn Family Foundation
- Assets
- $11.9m
- Revenue
- $261.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Orlando, FL
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-7055857
Organization Overview
The Hahn Family Foundation is located in Orlando, FL. 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. Hahn Family Foundation 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, Hahn Family Foundation generated $261.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.1%) each year. All expenses for the organization totaled $253.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hahn Family Foundation has awarded 172 individual grants totaling $4,003,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sang Hoon Hahn Trustee | 0 | $0 | |
Hai Joung Yoon Hahn Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,706 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,049 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $246,000 |
| Total Revenue | $261,755 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $960 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,973 |
| Contributions, gifts, grants paid | $225,000 |
| Total expenses and disbursements | $252,973 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $236,992 |
| Savings and temporary cash investments | $9,137,958 |
| Net Accounts receivable | $231,000 |
| 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 | $2,050,000 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $221,000 |
| Other assets | $0 |
| Total assets | $11,876,950 |
| 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, The Hahn Family Foundation has awarded $225,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
NEW BEGINNING FOR SPECIAL NEEDS PURPOSE: PURPOSE | $30,000 |
LA GOSPEL UNITED METHODIST CHURCH PURPOSE: PURPOSE | $80,000 |
KACE PURPOSE: PURPOSE | $15,000 |
SAM CARE PURPOSE: PURPOSE | $50,000 |
GIFT OF VISION FOUNDATION PURPOSE: PURPOSE | $20,000 |
GIFT OF VISION FOUNDATION PURPOSE: PURPOSE | $30,000 |