Richard D Hannan Family Foundation
- Assets
- $1.8m
- Revenue
- $514.9k
- Investments
- $1.7m
- Employees
- 0
- Location
- Cincinnati, OH
- Founding
- 12/1996
- Data as of
- 12/2023
- EIN
- 31-1482697
Organization Overview
Richard D Hannan Family Foundation is located in Cincinnati, OH. The organization was established in 1996. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richard D Hannan Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Richard D Hannan Family Foundation generated $514.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (11.3%) each year. All expenses for the organization totaled $185.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Richard D Hannan Family Foundation has awarded 248 individual grants totaling $616,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth R Wurtenberger Treasurer & Trustee | 1 | $7,200 | |
Fred Robbins Secretary | 1 | $0 | |
Hollie J Hannan Advisor | 1 | $7,200 | |
Lauren Hannan Shafer Advisor | 1 | $7,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $43,900 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $469,709 |
| Capital Gain Net Income | $469,709 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,260 |
| Total Revenue | $514,869 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $21,600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,122 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $43,770 |
| Contributions, gifts, grants paid | $141,200 |
| Total expenses and disbursements | $184,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,421 |
| Savings and temporary cash investments | $41,968 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,787,084 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Richard D Hannan Family Foundation has awarded $141,200 in support to 61 organizations.
| Grant Recipient | Amount |
|---|---|
TRUSTEES OF TUFTS COLLEGE PURPOSE: MEMORIAL DONATION | $3,000 |
BOSTON UNIVERSITY TRUSTEES OF BOSTON PURPOSE: MEMORIAL DONATION | $2,000 |
WILDLIFE CONSERVATION SOCIETY PURPOSE: CAPITAL FUNDS | $500 |
HARVARD COLLEGE PURPOSE: MEMORIAL DONATION | $500 |
AMERICAN CANCER SOCIETY INC PURPOSE: PROJECT/PROGRAM SUPPORT | $300 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: PROJECT/PROGRAM SUPPORT | $3,000 |