Hansen Foundation
- Assets
- $19.3m
- Revenue
- $2.2m
- Investments
- $18.9m
- Employees
- 0
- Location
- Sewickley, PA
- Founding
- 09/1985
- Data as of
- 12/2021
- 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 12/2021, Hansen Foundation generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hansen Foundation has awarded 139 individual grants totaling $9,036,175. 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 |
|---|---|---|---|
Gretchen Hansen Director | 10 | $65,215 | |
Nancy K Hansen Director | 0.1 | $0 | |
David W Lendt Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $685,393 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,562,146 |
| Capital Gain Net Income | $1,562,146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$201 |
| Total Revenue | $2,247,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $65,215 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48,028 |
| Depreciation | $0 |
| Occupancy | $11,172 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $218,696 |
| Contributions, gifts, grants paid | $953,125 |
| Total expenses and disbursements | $1,171,821 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,753 |
| Savings and temporary cash investments | $467,742 |
| 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 | $18,866,487 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,338,982 |
| 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 $953,125 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
DEVELOPMENT ASSOCIATES INTERNATIONAL PURPOSE: EDUCATION | $105,000 |
LIGHT OF LIFE RESCUE MISSIONS PURPOSE: COMMUNITY WELFARE | $101,000 |
ALLIANCE FOR REFUGEE YOUTH SUPPORT & EDUCATION PURPOSE: EDUCATION | $100,000 |
STRONG WOMEN STRONG GIRLS PURPOSE: HEALTH & WELFARE | $90,000 |
Pittsburgh, PA PURPOSE: COMMUNITY WELFARE | $75,000 |
Pittsburgh, PA PURPOSE: EDUCATION | $75,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John R Oishei Foundation Buffalo, NY | $294,151,477 | $18,357,929 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
The Abell Foundation Inc Baltimore, MD | $398,354,670 | $42,510,470 |
American Express Foundation New York, NY | $66,234,265 | $62,922,703 |
Essel Foundation Inc Purchase, NY | $100,106,056 | $12,292,478 |
Beth And Ravenel Curry Foundation New York, NY | $0 | $44,744,046 |
Kz Family Foundation New York, NY | $10,936,301 | $30,139,672 |
The Freeman Foundation P-01644-00-7 New York, NY | $343,405,683 | $35,941,951 |
Hearst Foundation Inc New York, NY | $439,249,947 | $42,040,987 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |