Albert G And Bernice F Hansen Charitable Foundation
- Assets
- $4.5m
- Revenue
- $208.6k
- Investments
- $4.4m
- Employees
- 0
- Location
- Mccook, NE
- Founding
- 12/1992
- Data as of
- 12/2022
- EIN
- 36-3847506
Organization Overview
Albert G And Bernice F Hansen Charitable Foundation is located in Mccook, NE. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Albert G And Bernice F Hansen Charitable 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 12/2022, Albert G And Bernice F Hansen Charitable Foundation generated $208.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $335.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Albert G And Bernice F Hansen Charitable Foundation has awarded 218 individual grants totaling $1,955,054. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY IMPROVEMENT PROJECTS IN NEBRASKA COUNTIES
SCHOLARSHIPS TO ACCREDITED COLLEGES TO 15 NEBRASKA HIGH SCHOOL GRADUATES
RESEARCH GRANT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Lake Trustee | 0.5 | $0 | |
Jamey Hansen Trustee | 22 | $0 | |
Kerby Ham Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $168 |
| Dividends & Interest | $136,354 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $72,122 |
| Capital Gain Net Income | $72,122 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $208,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $36,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,577 |
| Depreciation | $353 |
| Occupancy | $5,350 |
| Travel, conferences, and meetings | $900 |
| Printing and publications | $0 |
| Other expenses | $3,871 |
| Total operating and administrative expenses | $75,679 |
| Contributions, gifts, grants paid | $259,939 |
| Total expenses and disbursements | $335,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $50,023 |
| 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 | $4,436,962 |
| Net Land, buildings, and equipment | $376 |
| Other assets | $0 |
| Total assets | $4,487,360 |
| 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 | $1,925 |
| Total liabilities | $1,925 |
Grants Awarded
Over the last fiscal year, Albert G And Bernice F Hansen Charitable Foundation has awarded $259,939 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
LITTLE VILLAGE DAYCARE PURPOSE: COMMUNITY IMPROVEMENT | $5,583 |
GRANDVIEW COMMUNITY AND EVENTS CENTER PURPOSE: COMMUNITY IMPROVEMENT | $5,000 |
RHEUMATOLOGY RESEARCH FOUNDATION PURPOSE: RESEARCH GRANT | $15,000 |
SCHOOL DISTRICT 117 FOUNDATION PURPOSE: COMMUNITY IMPROVEMENT | $5,600 |
VILLAGE OF PALISADE LIBRARY PURPOSE: COMMUNITY IMPROVEMENT | $1,100 |
MORGAN PETERSON PURPOSE: SCHOLARSHIP | $4,000 |