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Marcia Hansen Educational Foundation is a private corporation based in INDIANOLA, IA. The foundation received its IRS ruling in 2020. It holds total assets of $25K. Annual income is reported at $11K. Total assets have grown from $5K in 2019 to $21K in 2023. The foundation is governed by 4 officers and trustees. Grants given to colleges to be used for student schloarships. Seven scholarships were awarded. Tax records are available from 2020 to 2023. Funding is distributed across 4 states, including Iowa, Missouri, South Dakota. According to available records, Marcia Hansen Educational Foundation has made 16 grants totaling $20K, with a median grant of $2K. Annual giving has grown from $5K in 2020 to $15K in 2022. Individual grants have ranged from $750 to $2K, with an average award of $1K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Iowa, Missouri, South Dakota, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$2K
Average Grant
$1K
Largest Grant
$2K
Based on 6 grants from the most recent 990-PF filing.
Grants given to colleges to be used for student schloarships. Four scholarships were awarded.
Expenses: $5K
Grants given to colleges to be used for student schloarships. Seven scholarships were awarded. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in IA, MO, SD.
Marcia Hansen Educational Foundation has distributed a total of $20K across 16 grants. The median grant size is $2K, with an average of $1K. Individual grants have ranged from $750 to $2K.
The application deadline is April 1. Preference to Indianola High School students graduating and attending Iowa State University or other Iowa schools.
Marcia Hansen Educational Foundation is headquartered in INDIANOLA, IA. While based in IA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Patrick Bendon | Director | $0 | $0 | N/A |
| Kathy Jean Turnball | Diretor/Secretary/Treasurer | $0 | $0 | N/A |
| Marcia Hansen | Director/President | $0 | $0 | N/A |
| Katherine Ann Bendon | Director | $0 | $0 | N/A |
Total Giving
$7K
Total Assets
$21K
Fair Market Value
$21K
Net Worth
$21K
Grants Paid
$6K
Contributions
$11K
Net Investment Income
N/A
Distribution Amount
$961
Total Grants
16
Total Giving
$20K
Average Grant
$1K
Median Grant
$2K
Unique Recipients
9
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| South Dakota State UniversityScholarship | Brookings, SD | $2K | 2022 |
| Loras CollegeScholarship | Dubuque, IA | $2K | 2022 |
| Washington UniversityScholarship | St Louis, MO | $2K | 2022 |
| Iowa State UniversityScholarship | Ames, IA | $2K | 2022 |
| Hawkeye Community CollegeScholarship | Waterloo, IA | $750 | 2022 |
| Tarrant County CollegeScholarship | Ft Worth, TX | $750 | 2022 |
| University Of Northern IowaScholarship | Cedar Falls, IA | $2K | 2020 |
| University Of IowaScholarship | Iowa City, IA | $2K | 2020 |
| Des Moines Area Community CollegeScholarship | Des Moines, IA | $750 | 2020 |