Marcia Hansen Educational Foundation
- Assets
- $21.3k
- Revenue
- $10.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianola, IA
- Founding
- Data as of
- 12/2023
- EIN
- 84-3549304
Organization Overview
Marcia Hansen Educational Foundation is located in Indianola, IA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marcia Hansen Educational 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 12/2023, Marcia Hansen Educational Foundation generated $10.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 16.0% each year .
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS GIVEN TO COLLEGES TO BE USED FOR STUDENT SCHLOARSHIPS. SEVEN SCHOLARSHIPS WERE AWARDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcia Hansen Director/president | 1 | $0 | |
Kathy Jean Turnball Diretor/secretary/treasurer | 0.75 | $0 | |
Joseph Patrick Bendon Director | 0.25 | $0 | |
Katherine Ann Bendon Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $10,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $935 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $6,935 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,293 |
| 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 | $21,293 |
| 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, Marcia Hansen Educational Foundation has awarded $6,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GRAND VIEW UNIVERSITY PURPOSE: SCHOLARSHIP | $1,500 |
LORAS COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |
IOWA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,500 |
SIMPSON COLLEGE PURPOSE: SCHOLARSHIP | $1,500 |