John Wesley Hanes And Anna Hodgin Hanes Foundation
- Assets
- $14.6m
- Revenue
- $2.0m
- Investments
- $13.8m
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 10/1949
- Data as of
- 12/2021
- EIN
- 56-6037589
Organization Overview
John Wesley Hanes And Anna Hodgin Hanes Foundation is located in Las Vegas, NV. The organization was established in 1949. 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. John Wesley Hanes And Anna Hodgin Hanes 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, John Wesley Hanes And Anna Hodgin Hanes Foundation generated $2.0m 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 (4.9%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John Wesley Hanes And Anna Hodgin Hanes Foundation has awarded 81 individual grants totaling $3,907,938. 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 |
|---|---|---|---|
Wells Fargo Bank N A Trustee | 1 | $265,150 | |
F Borden Hanes Co-Trustee And Chairman | 10 | $0 | |
Ralph H Womble Co-Trustee And Vice President | 10 | $0 | |
Drewry H Nostitz Board Member | 10 | $0 | |
Robert M Willis Board Member | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $843,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,165,027 |
| Capital Gain Net Income | $1,165,027 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $9,691 |
| Total Revenue | $2,017,945 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $265,150 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,233 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,627 |
| Total operating and administrative expenses | $355,116 |
| Contributions, gifts, grants paid | $1,521,272 |
| Total expenses and disbursements | $1,876,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $796,680 |
| 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 | $14,589,562 |
| 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, John Wesley Hanes And Anna Hodgin Hanes Foundation has awarded $1,521,272 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
FORSYTH TECHNICAL COMMUNITY COLLEGE PURPOSE: GENERAL SUPPORT | $125,000 |
WINSTON-SALEM ARTS COUNCIL PURPOSE: GENERAL SUPPORT | $115,000 |
Winstonsalem, NC PURPOSE: GENERAL OPERATING | $100,000 |
Winston Salem, NC PURPOSE: GENERAL SUPPORT | $100,000 |
SECOND HARVEST FOOD BANK OF NORTH CAROLI PURPOSE: GENERAL OPERATING | $100,000 |
Sparta, NC PURPOSE: GENERAL OPERATING | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |