Also known as: CHARITABLE TRUST
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Mark And Barbara Hanawalt Charitable Trust is a private trust based in WAVERLY, IA. The foundation received its IRS ruling in 2017. It holds total assets of $543K. Annual income is reported at $55K. Total assets have grown from $312K in 2019 to $550K in 2023. The foundation is governed by 2 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 2018 to 2023. The foundation primarily funds organizations in Iowa and Minnesota. According to available records, Mark And Barbara Hanawalt Charitable Trust has made 17 grants totaling $76K, with a median grant of $3K. Annual giving has grown from $13K in 2020 to $23K in 2023. Grantmaking activity was highest in 2022 with $24K distributed across 1 grants. Individual grants have ranged from $1K to $24K, with an average award of $4K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in Iowa and Minnesota. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$2K
Largest Grant
$6K
Based on 6 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.
Mark And Barbara Hanawalt Charitable Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in IA, MN.
Mark And Barbara Hanawalt Charitable Trust has distributed a total of $76K across 17 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $1K to $24K.
Mark And Barbara Hanawalt Charitable Trust typically selects its grantees rather than accepting unsolicited proposals.
Mark And Barbara Hanawalt Charitable Trust is headquartered in WAVERLY, IA. While based in IA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Hanawalt | TRUSTEE | $0 | $0 | N/A |
| Barbara Hanawalt | TRUSTEE | $0 | $0 | N/A |
Total Giving
$30K
Total Assets
$550K
Fair Market Value
$577K
Net Worth
$550K
Grants Paid
$23K
Contributions
$100K
Net Investment Income
$18K
Distribution Amount
$23K
Total: $538K
Total Grants
17
Total Giving
$76K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
8
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Wartburg CollegeEDUCATION | Waverly, IA | $10K | 2023 |
| CantusMUSIC | Minneapolis, MN | $5K | 2023 |
| Cornell CollegeEDUCATIONAL | Mt Vernon, IA | $5K | 2023 |
| Bartels Lutheran Retirement HomeSOCIAL SERVICES | Waverly, IA | $3K | 2023 |
| St Olaf CollegeEDUCATIONAL | Northfield, MN | $4K | 2021 |
| Luther CollegeEDUCATIONAL | Decorah, IA | $3K | 2021 |
| Central CollegeEDUCATIONAL | Pella, IA | $3K | 2021 |
| Waverly Shell Rock FoundationEDUCATIONAL | Waverly, IA | $2K | 2021 |
COUNCIL BLFS, IA
MUSCATINE, IA
CEDAR RAPIDS, IA