The Rondell B And Joyce P Hanson Foundation

Organization Overview

The Rondell B And Joyce P Hanson Foundation is located in Newport Beach, CA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rondell B And Joyce P Hanson 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, Rondell B And Joyce P Hanson Foundation generated $283.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $202.0k during the year ending 12/2023. While expenses have increased by 8.4% 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.

Since 2020, Rondell B And Joyce P Hanson Foundation has awarded 80 individual grants totaling $644,408. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION


MEDICAL


HOUSING


WLFARE


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Board, Officers & Key Employees

Name (title)Compensation
Rondell B Hanson
President
$0
Joyce P Hanson
Secretary
$0
Name Not Listed
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $25,000
Interest on Savings $371
Dividends & Interest $58,077
Net Rental Income$0
Net Gain on Sale of Assets $199,948
Capital Gain Net Income $199,948
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $283,396

Grants Awarded

Over the last fiscal year, The Rondell B And Joyce P Hanson Foundation has awarded $183,600 in support to 27 organizations.

Grant RecipientAmount

DARIO PORTACARRERO

PURPOSE: SCHOLARSHIP

$10,300

JUAN DAVILLA

PURPOSE: SCHOLARSHIP

$4,000

JONATHAN VARGAS

PURPOSE: SCHOLARSHIP

$4,000

DAVID PORTOCARRERO

PURPOSE: SCHOLARSHIP

$10,300

ARTHRITIS FOUNDATION

PURPOSE: GRANT

$1,000

PHIANTHROPIES

PURPOSE: EDUCATION GRANT

$50,000
View Grant Profile

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