William H Hannon Foundation
- Assets
- $10.0m
- Revenue
- $395.1k
- Investments
- $9.3m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 06/1983
- Data as of
- 09/2023
- EIN
- 95-3847664
Organization Overview
William H Hannon Foundation is located in Santa Monica, CA. The organization was established in 1983. 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. William H Hannon 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 09/2023, William H Hannon Foundation generated $395.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (38.5%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $132,016 |
| Dividends & Interest | $176,684 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,163 |
| Capital Gain Net Income | $2,163 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $84,242 |
| Total Revenue | $395,105 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $289,000 |
| Other employee salaries and wages | $7,147 |
| Pension plans, employee benefits | $36,403 |
| Interest | $0 |
| Taxes | $9,962 |
| Depreciation | $97 |
| Occupancy | $114,268 |
| Travel, conferences, and meetings | $528 |
| Printing and publications | $516 |
| Other expenses | $7,375 |
| Total operating and administrative expenses | $543,690 |
| Contributions, gifts, grants paid | $870,722 |
| Total expenses and disbursements | $1,414,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $629,481 |
| 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 | $1,684 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $29,831 |
| Total assets | $9,968,920 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,608,750 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $19,816 |
| Total liabilities | $2,628,566 |