Alex And Laura Hanson Cgf Inc
- Assets
- $15.3m
- Revenue
- $2.4m
- Investments
- $14.7m
- Employees
- 0
- Location
- Pennginton, NJ
- Founding
- 11/2001
- Data as of
- 09/2024
- EIN
- 22-3834524
Organization Overview
Alex And Laura Hanson Cgf Inc is located in Pennginton, NJ. The organization was established in 2001. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Alex And Laura Hanson Cgf Inc 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 09/2024, Alex And Laura Hanson Cgf Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.8% each year . All expenses for the organization totaled $2.2m during the year ending 09/2024. While expenses have increased by 17.0% per year over the past 5 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Hanson Sole Manager | 0 | $0 | |
Laura Hanson Trustee | 0 | $0 | |
Eliza Mcdonald Trustee | 0 | $0 | |
Abby Hanson Trustee | 0 | $0 | |
Perry Hanson Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $404,049 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,404,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,843 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,843 |
| Contributions, gifts, grants paid | $2,200,000 |
| Total expenses and disbursements | $2,204,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $575,502 |
| Savings and temporary cash investments | $0 |
| 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 | $15,322,824 |
| 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, Alex And Laura Hanson Cgf Inc has awarded $2,200,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CORNELL UNIVERSITY PURPOSE: GENERAL PUBLIC CHARITY GRANT RECOMMENEDATIONS | $200,000 |
CORNELL UNIVERSITY PURPOSE: UNIVERSITY EDUCATION | $2,000,000 |