The Dwight And Vicki Hanger Foundation
- Assets
- $1.3m
- Revenue
- $68.3k
- Investments
- $1.1m
- Employees
- 0
- Location
- Rancho Palos Verdes, CA
- Founding
- 12/2001
- Data as of
- 09/2022
- EIN
- 95-4832178
Organization Overview
The Dwight And Vicki Hanger Foundation is located in Rancho Palos Verdes, CA. The organization was established in 2001. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Dwight And Vicki Hanger 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 09/2022, Dwight And Vicki Hanger Foundation generated $68.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $57.0k during the year ending 09/2022. While expenses have increased by 5.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Dwight And Vicki Hanger Foundation has awarded 142 individual grants totaling $314,000. 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 |
|---|---|---|---|
Vicki J Hanger Director/pres | 2 | $0 | |
Dwight Hanger Director/treas | 2 | $0 | |
Garrick D Hanger Director/sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $81,500 |
| Interest on Savings | $239 |
| Dividends & Interest | $2,955 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,423 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $68,271 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $295 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $886 |
| Total operating and administrative expenses | $4,669 |
| Contributions, gifts, grants paid | $52,350 |
| Total expenses and disbursements | $57,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $147,957 |
| 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 | $1,103,922 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,251,879 |
| 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, The Dwight And Vicki Hanger Foundation has awarded $52,350 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
COASTLINE COVENANT CHURCH PURPOSE: GENERAL OPERATIONS | $27,500 |
ASSEMBLIES OF GOD PURPOSE: MISSIONARY SUPPORT | $5,300 |
WORLD OUTREACH MINISTRIES PURPOSE: MISSIONARY SUPPORT | $4,200 |
Monrovia, CA PURPOSE: GENERAL OPERATIONS | $2,700 |
SUNRISE INTERNATIONAL MINISTRIES PURPOSE: MISSIONARY SUPPORT | $2,400 |
HARVEST KUMULANI CHAPEL PURPOSE: GENERAL OPERATIONS | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mufg Union Bank Foundation Ag Phoenix, AZ | $2,989,069 | $8,302,055 |
Fenwick Community Fund Mountain View, CA | $8,526,987 | $12,836,931 |
Colburn Music Fund Los Angeles, CA | $0 | $7,150,369 |
Marks Family Foundation Redwood City, CA | $49,983,289 | $16,693,138 |
Herbalife Nutrtion Foundation Los Angeles, CA | $22,239,401 | $8,092,128 |
Kla-Tencor Foundation Milpitas, CA | $26,702,881 | $5,233,772 |
Walter J & Betty C Zable Foundation San Diego, CA | $89,922,595 | $8,940,204 |
In-N-Out Burgers Foundation Irvine, CA | $42,997,314 | $8,211,700 |
Smidt Fam Foundation Newbury Park, CA | $69,750,078 | $4,896,207 |
The Caesars Foundation Las Vegas, NV | $826,760 | $3,036,101 |
Harman Family Foundation Los Angeles, CA | $38,396,572 | $3,606,150 |
Kabcenell Family Foundation Portola Valley, CA | $22,759,228 | $4,877,522 |