Rs Hansen Foundation Inc
- Assets
- $635.3k
- Revenue
- $20.7k
- Investments
- $581.8k
- Employees
- 0
- Location
- Chanhassen, MN
- Founding
- 05/1992
- Data as of
- 12/2022
- EIN
- 41-1699283
Organization Overview
Rs Hansen Foundation Inc is located in Chanhassen, MN. 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. Rs Hansen Foundation Inc 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, Rs Hansen Foundation Inc generated $20.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $58.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rs Hansen Foundation Inc has awarded 56 individual grants totaling $302,455. 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 |
|---|---|---|---|
Robert Hansen Thru 72722 President | 1 | $0 | |
Richard Davis Thru 21322 Secretary/treasurer | 1 | $0 | |
Gary Hansen As Of 72722 President | 1 | $0 | |
Laurie Sue Hansen As Of 72722 Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,243 |
| Dividends & Interest | $17,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,235 |
| Capital Gain Net Income | $2,235 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,039 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $20,519 |
| Contributions, gifts, grants paid | $38,325 |
| Total expenses and disbursements | $58,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,295 |
| Savings and temporary cash investments | $46,204 |
| 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 | $635,344 |
| 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, Rs Hansen Foundation Inc has awarded $38,325 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS AND BIG SISTERS OF THE TWIN CITIES PURPOSE: PROGRAM SUPPORT | $5,000 |
FATHER PIERZ SCHOOL OF RELIGION PURPOSE: PROGRAM SUPPORT | $14,000 |
GUSTAVUS ADOLPHUS COLLEGE PURPOSE: PROGRAM SUPPORT | $18,000 |
HOLY TRINITY SCHOOL ENDOWMENT FUND PURPOSE: PROGRAM SUPPORT | $1,325 |