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Alex And Laura Hanson Cgf Inc. is a private corporation based in PENNINGTON, NJ. The foundation received its IRS ruling in 2001. The principal officer is Alex Hanson. It holds total assets of $16.5M. Annual income is reported at $2.4M. Total assets have grown from $2M in 2010 to $15.3M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Alex And Laura Hanson Cgf Inc. has made 3 grants totaling $3.2M, with a median grant of $1M. Annual giving has grown from $1M in 2023 to $2.2M in 2024. Individual grants have ranged from $200K to $2M, with an average award of $1.1M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Alex And Laura Hanson Cgf Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NY.
Alex And Laura Hanson Cgf Inc. has distributed a total of $3.2M across 3 grants. The median grant size is $1M, with an average of $1.1M. Individual grants have ranged from $200K to $2M.
Alex And Laura Hanson Cgf Inc. typically selects its grantees rather than accepting unsolicited proposals.
Alex And Laura Hanson Cgf Inc. is headquartered in PENNINGTON, NJ.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Perry Hanson | Trustee | $0 | $0 | N/A |
| Abby Hanson | Trustee | $0 | $0 | N/A |
| Eliza Mcdonald | Trustee | $0 | $0 | N/A |
| Laura Hanson | Trustee | $0 | $0 | N/A |
| Alex Hanson | Sole Manager | $0 | $0 | N/A |
Total Giving
$2.2M
Total Assets
$15.3M
Fair Market Value
$21.1M
Net Worth
$15.3M
Grants Paid
$2.2M
Contributions
$2M
Net Investment Income
$404K
Distribution Amount
$964K
Total: $14.7M
Total Grants
3
Total Giving
$3.2M
Average Grant
$1.1M
Median Grant
$1M
Unique Recipients
1
Most Common Grant
$2M
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornell UniversityUniversity Education | Ithaca, NY | $2M | 2024 |