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Joe W & Jean M Hanson Educational Trust is a private trust based in CLEVELAND, OH. The foundation received its IRS ruling in 1998. The principal officer is The Private Trust Company Ttee. It holds total assets of $790K. Annual income is reported at $180K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2024. The foundation primarily funds organizations in Oklahoma and Missouri. According to available records, Joe W & Jean M Hanson Educational Trust has made 23 grants totaling $145K, with a median grant of $4K. Annual giving has grown from $31K in 2021 to $38K in 2024. Grantmaking activity was highest in 2023 with $76K distributed across 10 grants. Individual grants have ranged from $1K to $19K, with an average award of $6K. The foundation has supported 10 unique organizations. Grants have been distributed to organizations in Oklahoma and Missouri and Kansas. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$19K
Based on 8 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.
Joe W & Jean M Hanson Educational Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 23 grants. Its grantmaking reaches organizations primarily in OK, MO, KS.
Joe W & Jean M Hanson Educational Trust has distributed a total of $145K across 23 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $1K to $19K.
Applicants must be graduates of the City of Cleveland, OK Public High School or any public high school serving the students in the Cleveland, OK vicinity, between ages 16-25.
Joe W & Jean M Hanson Educational Trust is headquartered in CLEVELAND, OH. While based in OH, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Private Trust Company Na | TRUSTEE | $5K | $0 | $5K |
Total Giving
$49K
Total Assets
$790K
Fair Market Value
$852K
Net Worth
$790K
Grants Paid
$38K
Contributions
N/A
Net Investment Income
$26K
Distribution Amount
$40K
Total: $758K
Total Grants
23
Total Giving
$145K
Average Grant
$6K
Median Grant
$4K
Unique Recipients
10
Most Common Grant
$2K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Oklahoma State UniversitySCHOLARSHIP | Stillwater, OK | $18K | 2024 |
| University Of OklahomaSCHOLARSHIP | Norman, OK | $10K | 2024 |
| Oklahoma Baptist UniversitySCHOLARSHIP | Shawnee, OK | $4K | 2024 |
| Southwestern Oklahoma State UnivSCHOLARSHIP | Weatherford, OK | $4K | 2024 |
| Tulsa Community CollegeSCHOLARSHIP | Tulsa, OK | $2K | 2024 |
| Ozark Christian CollegeSCHOLARSHIP | Joplin, MO | $6K | 2023 |
| University Of Central OklahomaSCHOLARSHIP | Edmond, OK | $5K | 2023 |
| Manhattan Christian CollegeSCHOLARSHIP | Manhattan, KS | $3K | 2023 |
| Midwestern Baptist Theological SeminarySCHOLARSHIP | Kansas City, MO | $2K | 2021 |
| Rogers State UniversitySCHOLARSHIP | Claremore, OK | $1K | 2021 |
CLEVELAND, OH
CINCINNATI, OH
DUBLIN, OH