Bill Hannon Foundation
- Assets
- $17.2m
- Revenue
- $4.3m
- Investments
- $16.7m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 09/1999
- Data as of
- 09/2022
- EIN
- 31-1663038
Organization Overview
Bill Hannon Foundation is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (T30) the organization is classified as: Public 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. Bill Hannon 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 09/2022, Bill Hannon Foundation generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $16.6m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Ewen President | 40 | $214,375 | |
Maria Roman Executive Assistant | 30 | $102,798 | |
Christine Sisley Director | 10 | $39,200 | |
Ann Mcelaney Director | 5 | $26,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46,851 |
| Dividends & Interest | $1,245,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,993,342 |
| Capital Gain Net Income | $2,993,342 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,285,811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $279,575 |
| Other employee salaries and wages | $102,798 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,372 |
| Depreciation | $0 |
| Occupancy | $90,085 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $131,438 |
| Total operating and administrative expenses | $667,573 |
| Contributions, gifts, grants paid | $15,896,000 |
| Total expenses and disbursements | $16,563,573 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $213,037 |
| Savings and temporary cash investments | $291,045 |
| 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 | $17,238,236 |
| 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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Initiatives Oakland, CA | $48,904,163 | $57,867,676 |
Tipping Point Community San Francisco, CA | $69,097,467 | $55,633,961 |
Dagmar Dolby Fund Novato, CA | $39,191,926 | $8,168,589 |
California Health Foundation And Trust Sacramento, CA | $115,138,512 | $36,749,563 |
Tides Network San Francisco, CA | $10,557,656 | $32,745,578 |
Focusing Philanthropy Inc Santa Monica, CA | $5,232,649 | $21,857,695 |
St Baldricks Foundation Inc Monrovia, CA | $22,964,481 | $22,578,479 |
Skid Row Housing Trust Los Angeles, CA | $203,059,004 | $18,739,094 |
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |