W T Hansen Family Foundation Inc
- Assets
- $34.1k
- Revenue
- -$1.6k
- Investments
- $21.5k
- Employees
- 0
- Location
- Mequon, WI
- Founding
- 04/1957
- Data as of
- 08/2023
- EIN
- 39-6064799
Organization Overview
W T Hansen Family Foundation Inc is located in Mequon, WI. The organization was established in 1957. 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. W T Hansen Family Foundation Inc 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 08/2023, W T Hansen Family Foundation Inc generated -$1.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $4.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald W Hansen President/secre | 1 | $0 | |
Robert H Hansen Vice President | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $41 |
| Dividends & Interest | $255 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,871 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $85 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $1,485 |
| Contributions, gifts, grants paid | $2,500 |
| Total expenses and disbursements | $3,985 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,988 |
| Savings and temporary cash investments | $9,555 |
| 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 | $34,074 |
| 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, W T Hansen Family Foundation Inc has awarded $3,950 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
OLD ST MARY'S CATHOLIC CHURCH PURPOSE: RELIGIOUS | $750 |
THREE HOLY WOMEN CATHOLIC CHURCH PURPOSE: RELIGIOUS | $350 |
NCH CENTER FOR PHILANTHROPY PURPOSE: HEALTH | $2,500 |
RIVERWEST FOOD PANTRY PURPOSE: GENERAL | $350 |