Hansen Foundation
- Assets
- $19.6m
- Revenue
- $1.4m
- Investments
- $19.4m
- Employees
- 0
- Location
- Sewickley, PA
- Founding
- 09/1985
- Data as of
- 12/2022
- EIN
- 25-1483674
Organization Overview
Hansen Foundation is located in Sewickley, PA. The organization was established in 1985. 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. Hansen 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 12/2022, Hansen Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hansen Foundation has awarded 163 individual grants totaling $10,037,100. 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 |
|---|---|---|---|
Nancy K Hansen Director | 0.1 | $0 | |
David W Lendt Director | 0.5 | $0 | |
Gretchen Hansen Director | 10 | $65,141 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $365,644 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,072,022 |
| Capital Gain Net Income | $1,072,022 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$143 |
| Total Revenue | $1,437,523 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,141 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $77,612 |
| Depreciation | $0 |
| Occupancy | $11,172 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $298,170 |
| Contributions, gifts, grants paid | $1,000,925 |
| Total expenses and disbursements | $1,299,095 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,139 |
| Savings and temporary cash investments | $118,940 |
| 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 | $19,404,439 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,562,518 |
| 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, Hansen Foundation has awarded $1,000,925 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR REFUGEE YOUTH SUPPORT & EDUCATION PURPOSE: EDUCATION | $100,000 |
AVIAN CONSERVATION CENTER OF APPALACHIA PURPOSE: NATURE CONSERVATION | $500 |
CROSSROADS FOUNDATION PURPOSE: EDUCATION | $75,000 |
FOUNDATION FOR FREE ENTERPRISE EDUCATION PURPOSE: EDUCATION | $3,125 |
DEVELOPMENT ASSOCIATES INTERNATIONAL PURPOSE: EDUCATION | $150,000 |
LAUGHLIN CHILDREN'S CENETER PURPOSE: COMMUNITY WELFARE | $52,500 |