Hansen Stewardship Foundation is located in Stephenville, TX. 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. Hansen Stewardship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELK RIDGE BAPTIST CHURCH (EIN 46-5441677) RELIGIOUS ORGANIZATION
LANDMARK BAPTIST CHURCH (EIN 87-0709287) RELIGIOUS ORGANIZATION
E3 PARTNERS MINISTRY (EIN 16-1680978) RELIGIOUS ORGANIZATION
ADULT & TEEN CHALLENGE OF TEXAS (EIN 74-1816616) RELIGIOUS ORGANIZATION
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $25,000 |
| Interest on Savings | $276 |
| Dividends & Interest | $55,924 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$144,505 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$63,305 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $16,502 |
| Contributions, gifts, grants paid | $924,000 |
| Total expenses and disbursements | $940,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,216 |
| Savings and temporary cash investments | $2,056,681 |
| 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 | $2,092,897 |
| 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 |
Over the last fiscal year, Hansen Stewardship Foundation has awarded $924,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ELK RIDGE BAPTIST CHURCH PURPOSE: RELIGIOUS ORGANIZATION | $734,000 |
LANDMARK BAPTIST CHURCH PURPOSE: RELIGIOUS ORGANIZATION | $65,000 |
ADULT & TEEN CHALLENGE OF TEXAS PURPOSE: 501C3 | $20,000 |
E3 PARTNERS MINISTRY PURPOSE: 501C3 | $100,000 |
CHOICES CLINIC & LIFE RESOURCE CENTER PURPOSE: 501C3 | $5,000 |