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Hansen Charitable Foundation is a private corporation based in LUTHER, MI. The foundation received its IRS ruling in 1997. The principal officer is Richard Hansen. It holds total assets of $1.7M. Annual income is reported at $367K. Total assets have grown from $435K in 2011 to $1.4M in 2023. The foundation is governed by 3 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 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Hansen Charitable Foundation has made 36 grants totaling $368K, with a median grant of $2K. Annual giving has decreased from $90K in 2020 to $63K in 2023. Grantmaking activity was highest in 2022 with $126K distributed across 14 grants. Individual grants have ranged from $1K to $70K, with an average award of $10K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Michigan and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$13K
Largest Grant
$70K
Based on 7 grants from the most recent 990-PF filing.
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.
Hansen Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in MI, NY.
Hansen Charitable Foundation has distributed a total of $368K across 36 grants. The median grant size is $2K, with an average of $10K. Individual grants have ranged from $1K to $70K.
Hansen Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hansen Charitable Foundation is headquartered in LUTHER, MI. While based in MI, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard G Hansen | PRES/DIRECTOR/TREAS | $0 | $0 | N/A |
| Richard R Hansen | DIRECTOR | $0 | $0 | N/A |
| Elizabeth A Hansen | DIRECTOR | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$1.4M
Fair Market Value
$1.5M
Net Worth
$1.4M
Grants Paid
$63K
Contributions
$4K
Net Investment Income
$65K
Distribution Amount
$68K
Total: $1.2M
Total Grants
36
Total Giving
$368K
Average Grant
$10K
Median Grant
$2K
Unique Recipients
11
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Blandford Nature CenterGENERAL FUNDS | Grand Rapids, MI | $50K | 2023 |
| Luther Area Public LibraryGENERAL FUNDS | Luther, MI | $3K | 2023 |
| Pancreatic Cancer Action NetworkGENERAL FUNDS | Grand Rapids, MI | $2K | 2023 |
| Lake County Michigan Community FoundationGENERAL FUNDS | Detroit, MI | $2K | 2023 |
| Memorial Sloan Kettering Cancer CenterGENERAL FUNDS | New York, NY | $2K | 2023 |
| Lustgarten FoundationGENERAL FUNDS | Woodbury, NY | $2K | 2023 |
| United Church Outreach MinistryGENERAL FUNDS | Wyoming, MI | $2K | 2023 |
| John Ball ZooGENERAL FUNDS | Grand Rapids, MI | $25K | 2022 |
| UicaGENERAL FUNDS | Grand Rapids, MI | $2K | 2022 |
| Ludgarten FoundationGENERAL FUNDS | Grand Rapids, MI | $1K | 2021 |
| Pine River Watershed Enhancement FundGENERAL FUNDS | Tustin, MI | $1K | 2021 |