Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc
- Assets
- $2.2m
- Revenue
- $94.5k
- Investments
- $1.9m
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/1962
- Data as of
- 11/2021
- EIN
- 35-6020062
Organization Overview
Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc is located in Indianapolis, IN. The organization was established in 1962. 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. Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc 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 11/2021, Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc generated $94.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $110.8k during the year ending 11/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc has awarded 13 individual grants totaling $597,514. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL GIFT TO INDIANA UNIVERSITY FOR THE PURPOSE OF ESTABLISHING THE KEN AND CINDY STELLA SCHOLARSHIP & SPONSORSHIP OF MASTERS IN HEALTH ADMINISTRATION PROGRAM.
ALLIANCE CAMPAIGN TO RAISE AWARENESS OF INDIANA'S POOR HEALTH RANKINGS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mclin President | 2 | $0 | |
Dennis Murphy Vice President | 2 | $0 | |
Brian Tabor Executive Director | 2 | $0 | |
Jonathan Nalli President-Term Ended Dec'20 | 2 | $0 | |
Brad Smith Secretary/treasurer-Term Began Dec'20 | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,735 |
| Interest on Savings | $27,998 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,764 |
| Capital Gain Net Income | $40,764 |
| Net ST Capital Gain | $40,764 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $94,497 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,092 |
| Total operating and administrative expenses | $90,794 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $110,794 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $237,989 |
| 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 | $27,665 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,167,690 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $412,018 |
| 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 | $412,018 |
Grants Awarded
Over the last fiscal year, Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc has awarded $27,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
IU FOUNDATION SCHOOL OF MEDICINE DEPARTMENT OF PUBLIC HEALTH PURPOSE: SPONSORSHIP & SCHOLARSHIPS TO STUDENTS IN THE MASTERS IN HEALTH ADMINISTRATION PROGRAM | $25,000 |
Lincoln, NE PURPOSE: DISASTER RELIEF CONTRIBUTION | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Albert G & Grace Hahn Educational Foundation Of Indiana Hosp Assoc has recieved totaling $122,627.
| Awarding Organization | Amount |
|---|---|
Indiana Hospital Association Inc Indianapolis, IN PURPOSE: CONTRIBUTION FOR ALLIANCE FOR A HEALTHIER INDIANA | $82,627 |
Indiana State Medical Association Indianapolis, IN PURPOSE: OPERATIONAL SUPPORT TO THE ALLIANCE FOR A HEALTHIER INDIANA IN ITS EFFORTS TO RAISE AWARENESS OF INDIANA'S POOR HEALTH RANKINGS AND GROW GRASSROOTS SUPPORT FOR A HEALTHIER STATE. | $25,000 |
St Vincent Health Inc St Louis, MO PURPOSE: General Operations | $10,000 |
Union Hospital Inc Terre Haute, IN PURPOSE: CHARITABLE CONTRIBUTION | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |