Norma D Hanley And Thomas R Hanley Foundation
- Assets
- $4.1m
- Revenue
- $272.5k
- Investments
- $3.7m
- Employees
- 0
- Location
- Prospect, KY
- Founding
- 01/1999
- Data as of
- 12/2022
- EIN
- 61-1326779
Organization Overview
Norma D Hanley And Thomas R Hanley Foundation is located in Prospect, KY. The organization was established in 1999. 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. Norma D Hanley And Thomas R Hanley 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, Norma D Hanley And Thomas R Hanley Foundation generated $272.5k 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 (20.0%) each year. All expenses for the organization totaled $201.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Norma D Hanley And Thomas R Hanley Foundation has awarded 75 individual grants totaling $279,590. 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 |
|---|---|---|---|
Norma D Hanley President | 4 | $11,403 | |
Thomas R Hanley Vice President | 4 | $20,312 | |
Thomas J Hanley Director | 0.3 | $0 | |
Alan M Hanley Director | 0.3 | $0 | |
Andrew R Hanley Director | 0.3 | $0 | |
Caitlin M Hanley Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $75,150 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,486 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,810 |
| Total Revenue | $272,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,715 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,930 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $93,907 |
| Contributions, gifts, grants paid | $107,671 |
| Total expenses and disbursements | $201,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,464 |
| Savings and temporary cash investments | $0 |
| 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 | $4,088,180 |
| 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, Norma D Hanley And Thomas R Hanley Foundation has awarded $107,651 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN UNIVERSITY PURPOSE: UNRESTRICTED GRANT | $6,285 |
AICHE PURPOSE: UNRESTRICTED GRANT | $1,000 |
VIRGINIA TECH PURPOSE: UNRESTRICTED GRANT | $3,500 |
CHRIST CHURCH UNITED METHODIST PURPOSE: UNRESTRICTED GRANT | $3,000 |
COLUMBIA UNIVERSITY PURPOSE: UNRESTRICTED GRANT | $1,000 |
CINCINNATI CHILDREN'S HOSPITAL PURPOSE: UNRESTRICTED GRANT | $2,000 |