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Also known as: HANSON FOUNDATION
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Erling B & Dorothy E Hanson Foundation is a private corporation based in MASONVILLE, IA. The foundation received its IRS ruling in 2010. It holds total assets of $179K. Annual income is reported at $35K. Total assets have decreased from $248K in 2011 to $192K in 2023. The foundation is governed by 9 officers and trustees. The foundation provided 5,000 of support to the backbone lake promotion association inc. In support of the backbone bluegrass festival. The funds were used to hire muscial talent to perform at the festival. The festival is a three day event that features four shows throughout the weekend. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, Erling B & Dorothy E Hanson Foundation has made 5 grants totaling $13K, with a median grant of $3K. Annual giving has decreased from $9K in 2022 to $5K in 2023. Individual grants have ranged from $750 to $5K, with an average award of $3K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$3K
Average Grant
$3K
Largest Grant
$5K
Based on 3 grants from the most recent 990-PF filing.
Due to covid-19 pamdemic,the organization was not able to host any charitable events. The organization continued to make plans and maintain assets for future distribution in accordance with its mission.
The foundation provided 5,000 of support to the backbone lake promotion association inc. In support of the backbone bluegrass festival. The funds were used to hire muscial talent to perform at the festival. The festival is a three day event that features four shows throughout the weekend. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in IA.
Erling B & Dorothy E Hanson Foundation has distributed a total of $13K across 5 grants. The median grant size is $3K, with an average of $3K. Individual grants have ranged from $750 to $5K.
Erling B & Dorothy E Hanson Foundation typically selects its grantees rather than accepting unsolicited proposals.
Erling B & Dorothy E Hanson Foundation is headquartered in MASONVILLE, IA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mike Ryan | DIRECTOR | $0 | $0 | N/A |
| Art Johnson | TREASURER | $0 | $0 | N/A |
| Theresa Greve | PRESIDENT | $0 | $0 | N/A |
| Jacque Lahr | DIRECTOR | $0 | $0 | N/A |
| Susan Morris | VICE-PRESIDE | $0 | $0 | N/A |
| Rachel York | DIRECTOR | $0 | $0 | N/A |
| Lynne Rasmussen | SECRETARY | $0 | $0 | N/A |
| Joanne Swinton | DIRECTOR | $0 | $0 | N/A |
| Steve Durey | DIRECTOR | $0 | $0 | N/A |
Total Giving
$10K
Total Assets
$192K
Fair Market Value
$192K
Net Worth
$192K
Grants Paid
$5K
Contributions
N/A
Net Investment Income
$3K
Distribution Amount
$9K
Total Grants
5
Total Giving
$13K
Average Grant
$3K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Delaware County CommunityTHEATRE CAMP | Manchester, IA | $4K | 2023 |
| Manchester Municipal BandBAND SUPPLIES | Manchester, IA | $750 | 2023 |
| Backbone Lake Promotion AssociationBLUEGRASS FESTIVAL | Strawberry Pt, IA | $5K | 2022 |
| Delaware County Pay It ForwardFUNDRAISING EVENT | Manchester, IA | $3K | 2022 |
| Manchester Chamber Of CommerceRHUBACUE ON THE RIVER | Manchester, IA | $1K | 2022 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA