Hansen Family Foundation Inc
- Assets
- $540.6k
- Revenue
- $83.8k
- Investments
- $535.8k
- Employees
- 0
- Location
- Elmira, NY
- Founding
- 04/2016
- Data as of
- 12/2023
- EIN
- 81-0901521
Organization Overview
Hansen Family Foundation Inc is located in Elmira, NY. The organization was established in 2016. 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 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 12/2023, Hansen Family Foundation Inc generated $83.8k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $66.4k during the year ending 12/2023. 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 |
|---|---|---|---|
Charlotte President | 0 | $0 | |
Louis A Treasurer | 0 | $0 | |
Julie Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $64,495 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,887 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,454 |
| Capital Gain Net Income | $10,730 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,836 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $672 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $136 |
| Other expenses | $538 |
| Total operating and administrative expenses | $1,866 |
| Contributions, gifts, grants paid | $64,495 |
| Total expenses and disbursements | $66,361 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,849 |
| 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 | $540,605 |
| 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 Inc has awarded $25,864 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
MELESSA MOORE PURPOSE: MUSICAL INSTRUMENTS | $2,673 |
RICHARD CONDON PURPOSE: MUSICAL TRAINING | $2,000 |
KATEN CONDON PURPOSE: MUSICAL TRAINING | $2,000 |
SAMARA GROMER PURPOSE: MUSIC | $2,171 |
MAEVE ROMAN PURPOSE: MUSIC | $500 |
BECKY MCCARTHY PURPOSE: MUSIC | $1,200 |