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Hanson Family Foundation is a private corporation based in ANDOVER, MN. The foundation received its IRS ruling in 2016. It holds total assets of $664K. Annual income is reported at $1.1M. Total assets have grown from $321K in 2019 to $502K in 2023. The foundation is governed by 3 officers and trustees. The foundation supports brave hearts ethiopia (bhe) in providing children a safe, educational and supportive environment in order to succeed. 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 Minnesota. According to available records, Hanson Family Foundation has made 39 grants totaling $1.9M, with a median grant of $25K. Annual giving has grown from $293K in 2020 to $462K in 2023. Grantmaking activity was highest in 2022 with $834K distributed across 20 grants. Individual grants have ranged from $200 to $182K, with an average award of $48K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Minnesota, North Carolina, Florida, which account for 87% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$91K
Average Grant
$73K
Largest Grant
$100K
Based on 4 grants from the most recent 990-PF filing.
The foundation supports brave hearts ethiopia (bhe) in providing children a safe, educational and supportive environment in order to succeed.
Expenses: $199K
Hanson family foundation supports numerous public charities engaged in social welfare programs for children domestically and abroad.
Expenses: $71K
The foundation supports brave hearts ethiopia (bhe) in providing children a safe, educational and supportive environment in order to succeed. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in MN, NC, FL.
Hanson Family Foundation has distributed a total of $1.9M across 39 grants. The median grant size is $25K, with an average of $48K. Individual grants have ranged from $200 to $182K.
Hanson Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hanson Family Foundation is headquartered in ANDOVER, MN. While based in MN, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Catherine Hanson | DIRECTOR | $0 | $0 | N/A |
| Jonathan Hanson | DIRECTOR | $0 | $0 | N/A |
| Dean Hanson | DIRECTOR | $0 | $0 | N/A |
Total Giving
$471K
Total Assets
$502K
Fair Market Value
$877K
Net Worth
$502K
Grants Paid
$462K
Contributions
$398K
Net Investment Income
$179K
Distribution Amount
$35K
Total: $489K
Total Grants
39
Total Giving
$1.9M
Average Grant
$48K
Median Grant
$25K
Unique Recipients
15
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S Shelter Of CebuSUPPORT OF ORPHANS | Shoreview, MN | $110K | 2023 |
| Brave Hearts Ethiopia (Bhe)EDUCATION & HEALTH | Andover, MN | $100K | 2023 |
| Tim Tebow FoundationHUMANITARIAN AID | Jacksonville, FL | $100K | 2023 |
| Cure InternationalINTERNATIONAL OUTREACH | Grand Rapids, MI | $52K | 2023 |
| Samaritan'S PurseHUMANITARIAN AID | Boone, NC | $50K | 2023 |
| Feed My Starving ChildrenEND HUNGER | Coon Rapids, MN | $25K | 2023 |
| Resurrection OrphanageHOUSING & EDUCATION | Roseville, MN | $25K | 2023 |
| University Of Mn FoundationGENERAL FUND | Minneapolis, MN | $200 | 2023 |
| True Hope UkraineFEED, HOUSE & EDUCATE KIDS | St Michael, MN | $182K | 2022 |
| World VisionFIGHT POVERTY | Federal Way, WA | $25K | 2022 |
| Hope Farm SchoolEDUCATIONAL INITIATIVES | Stockholm, WI | $10K | 2022 |
| Win For The TruthHUMANITARIAN AID | Andover, MN | $5K | 2022 |
| Relentless MinistriesTRAVEL & SUPPORT | Andover, MN | $5K | 2022 |
| Legacy Christian AcademyEDUCATION | Andover, MN | $10K | 2021 |
| Sudan Interior Mission UsaEDUCATION & HEALTH | Charlotte, NC | $2K | 2021 |