Hansen Family Foundation
- Assets
- $12.7m
- Revenue
- $568.6k
- Investments
- $8.2m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 04/2001
- Data as of
- 12/2022
- EIN
- 39-2011330
Organization Overview
Hansen Family Foundation is located in Garden City, NY. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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 Family 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 12/2022, Hansen Family Foundation generated $568.6k 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 (14.3%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hansen Family Foundation has awarded 69 individual grants totaling $2,538,330. 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 |
|---|---|---|---|
Donna L Hansen Chair | 2 | $0 | |
John J Hansen President | 1 | $0 | |
Mary B Brennan First Vice President | 1 | $0 | |
Paul E Hansen Second Vice President | 1 | $0 | |
Mark W Hansen Treasurer | 1 | $0 | |
Amy L Hansen-Strom Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $171,702 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $363,266 |
| Capital Gain Net Income | $363,266 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33,648 |
| Total Revenue | $568,616 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7,245 |
| Taxes | $29,399 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $309 |
| Total operating and administrative expenses | $180,558 |
| Contributions, gifts, grants paid | $969,466 |
| Total expenses and disbursements | $1,150,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,184 |
| Net Accounts receivable | $2,007 |
| 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 | $4,450,476 |
| Total assets | $12,724,903 |
| 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 Family Foundation has awarded $969,466 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGES OF BELONGINGS PURPOSE: GENERAL SUPPORT | $10,000 |
CASA HOGAR PURPOSE: GENERAL SUPPORT | $25,000 |
CATHOLIC CHARITIES PURPOSE: GENERAL SUPPORT | $6,000 |
FOCUS - FELLOWSHIP PURPOSE: GENERAL SUPPORT | $20,400 |
HORSE SENSE PURPOSE: GENERAL SUPPORT | $1,000 |
KNIGHTS OF COLUMBUS PURPOSE: GENERAL SUPPORT | $1,000 |