Hankins Foundation

Organization Overview

Hankins Foundation is located in Cleveland, OH. The organization was established in 1954. 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. Hankins 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, Hankins Foundation generated $740.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $340.6k during the year ending 12/2021. While expenses have increased by 1.5% per year over the past 4 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, Hankins Foundation has awarded 110 individual grants totaling $705,000. 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

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $24
Dividends & Interest $124,140
Net Rental Income$0
Net Gain on Sale of Assets $616,172
Capital Gain Net Income $616,172
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $740,336

Grants Awarded

Over the last fiscal year, Hankins Foundation has awarded $297,000 in support to 54 organizations.

Grant RecipientAmount

WESTERN RESERVE ACADEMY

Org PageRecipient Profile

Hudson, OH

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$20,000

CLEVELAND PLAYHOUSE

Org PageRecipient Profile

Cleveland, OH

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$20,000

BEECH BROOK

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$10,000

AMERICAN RED CROSS

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$10,000

FREE MEDICAL CLINIC OF GREATER CLEVELAND

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$10,000

CLEVELAND SIGHT CENTER

PURPOSE: GENERAL SUPPORT OF THE ORGANIZATION

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
George Gund Foundation
Cleveland, OH
$120,923,136
Oberkotter Foundation
Philadelphia, PA
$23,009,013
Lumina Foundation For Education Inc
Indianapolis, IN
$124,727,424
Pnc Foundation
Pittsburgh, PA
$3,451,991
Sarah Scaife Foundation Inc
Pittsburgh, PA
$79,121,296
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
The Meijer Foundation
Grand Rapids, MI
$43,970,388
Nationwide Foundation
Columbus, OH
$42,470,606
Dietrich Foundation
Pittsburgh, PA
$93,476,192
Ford Motor Co Fund
Dearborn, MI
$51,364,996
Farmer Family Foundation
Cincinnati, OH
$63,392,827

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