The Rondell B And Joyce P Hanson Foundation
- Assets
- $1.8m
- Revenue
- $227.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Newport Beach, CA
- Founding
- Data as of
- 12/2021
- EIN
- 33-0757899
Organization Overview
The Rondell B And Joyce P Hanson Foundation is located in Newport Beach, CA. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rondell B And Joyce P Hanson 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 12/2021, Rondell B And Joyce P Hanson Foundation generated $227.3k in total revenue. All expenses for the organization totaled $223.0k during the year ending 12/2021. While expenses have increased by 21.8% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Rondell B And Joyce P Hanson Foundation has awarded 74 individual grants totaling $654,400. 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 |
|---|---|---|---|
Rondell B Hanson President | 2 | $0 | |
Joyce P Hanson Secretary | 1 | $0 | |
Jennifer H Wilson VP And Director | 2 | $0 | |
Matthew B Hanson Treasurer | 2 | $0 | |
Andrew P Hanson Director | 2 | $0 | |
Elizabeth H Tempest VP And Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $79,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $72,513 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $75,744 |
| Capital Gain Net Income | $75,744 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $227,257 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,967 |
| Contributions, gifts, grants paid | $205,000 |
| Total expenses and disbursements | $222,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200,450 |
| Savings and temporary cash investments | $0 |
| 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 | $1,823,197 |
| 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, The Rondell B And Joyce P Hanson Foundation has awarded $205,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
RISING STAR OUTREACH PURPOSE: SUPPORT | $50,000 |
San Clemente, CA PURPOSE: SUPPORT | $21,000 |
NEUROWOX PURPOSE: SUPPORT | $20,000 |
JONATHAN VARGAS PURPOSE: SCHOLARSHIP | $14,000 |
Draper, UT PURPOSE: SUPPORT | $10,000 |
HOAG HOSPITAL PURPOSE: SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charles And Helen Schwab Foundation San Francisco, CA | $691,573,201 | $120,025,754 |
Hispanic Scholarship Fund Gardena, CA | $152,619,685 | $60,036,131 |
Arizona Leadership Foundation Inc Scottsdale, AZ | $8,143,528 | $41,232,860 |
College Track Oakland, CA | $64,375,720 | $27,539,542 |
Business For Social Responsibility San Francisco, CA | $23,283,625 | $33,746,077 |
Arizona Christian School Tuition Organization Inc Chandler, AZ | $15,419,007 | $23,692,507 |
Institute For Better Education Tucson, AZ | $37,186,348 | $28,870,649 |
Catholic Education Arizona Phoenix, AZ | $32,375,379 | $24,525,242 |
Mcconnell Foundation Redding, CA | $0 | $21,867,294 |
Arizona Tuition Connection Inc Scottsdale, AZ | $37,104,483 | $31,699,669 |
Making Waves Foundation Inc Richmond, CA | $241,696,341 | $12,436,212 |
Port Of Los Angeles High School San Pedro, CA | $18,161,675 | $15,549,620 |