Albert T Hanby Trust 1115048
- Assets
- $1.9m
- Revenue
- $209.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Hershey, PA
- Founding
- 01/1974
- Data as of
- 12/2021
- EIN
- 51-6010794
Organization Overview
Albert T Hanby Trust 1115048 is located in Hershey, PA. The organization was established in 1974. 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. Albert T Hanby Trust 1115048 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, Albert T Hanby Trust 1115048 generated $209.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.0% each year . All expenses for the organization totaled $175.9k during the year ending 12/2021. While expenses have increased by 25.9% per year over the past 4 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 2019, Albert T Hanby Trust 1115048 has awarded 15 individual grants totaling $138,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pnc Bank Na Trustee | 7 | $38,164 | |
Bryn Mawr Trust Co Of Delaware Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $55 |
| Dividends & Interest | $36,991 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $170,624 |
| Capital Gain Net Income | $170,624 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,000 |
| Total Revenue | $209,670 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,963 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,532 |
| Total operating and administrative expenses | $77,859 |
| Contributions, gifts, grants paid | $98,000 |
| Total expenses and disbursements | $175,859 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303 |
| Savings and temporary cash investments | $158,968 |
| 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 | $1,343,897 |
| Net Land, buildings, and equipment | $187,503 |
| Other assets | $187,501 |
| Total assets | $1,878,172 |
| 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, Albert T Hanby Trust 1115048 has awarded $98,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
YMCA DELAWARE PURPOSE: GENERAL DONATION | $79,500 |
BRANDYWINE EDUCATION FOUNDATION PURPOSE: GENERAL DONATION | $9,500 |
Wilmington, DE PURPOSE: GENERAL DONATION | $3,000 |
Wilmington, DE PURPOSE: GENERAL DONATION | $2,000 |
Bear, DE PURPOSE: GENERAL DONATION | $1,000 |
CAMP BARNES PURPOSE: GENERAL DONATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |