William H Hannon Foundation
- Assets
- $10.3m
- Revenue
- $604.8k
- Investments
- $9.7m
- Employees
- 0
- Location
- Santa Monica, CA
- Founding
- 06/1983
- Data as of
- 09/2022
- 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 09/2022, William H Hannon Foundation generated $604.8k 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 (27.8%) each year. All expenses for the organization totaled $2.0m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $80,861 |
| Dividends & Interest | $193,136 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $330,823 |
| Capital Gain Net Income | $330,823 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $604,820 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $289,000 |
| Other employee salaries and wages | $7,664 |
| Pension plans, employee benefits | $28,286 |
| Interest | $0 |
| Taxes | -$2,459 |
| Depreciation | $97 |
| Occupancy | $98,648 |
| Travel, conferences, and meetings | $527 |
| Printing and publications | $504 |
| Other expenses | $9,398 |
| Total operating and administrative expenses | $521,362 |
| Contributions, gifts, grants paid | $1,445,400 |
| Total expenses and disbursements | $1,966,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $602,943 |
| 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 | $1,781 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $18,733 |
| Total assets | $10,346,738 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,707,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $19,592 |
| Total liabilities | $2,727,092 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mimi And Peter Haas Fund San Francisco, CA | $0 | $22,825,724 |
William K Bowes Jr Foundation San Francisco, CA | $0 | $15,233,813 |
Collins Foundation Portland, OR | $249,591,840 | $5,256,313 |
Walter And Elise Haas Fund San Francisco, CA | $290,773,419 | $45,613,238 |
Lisa And Douglas Goldman Fund San Francisco, CA | $314,443,125 | $25,968,602 |
Wood-Claeyssens Foundation Santa Barbara, CA | $112,450,224 | $19,490,467 |
The Saban Family Foundation Los Angeles, CA | $4,126,107 | $4,076,196 |
Freeport-Mcmoran Copper & Gold Foundation Phoenix, AZ | $2,326,146 | $18,600,000 |
California Winegrowers Foundation Napa, CA | $3,681,527 | $16,676,626 |
Multi-Union Security Trust Fund Glendale, CA | $14,944,884 | $16,888,135 |
Helen And Wil Webster Foundation Arcadia, CA | $240,695,845 | $9,736,121 |
Dart-L Foundation Los Angeles, CA | $255,386,011 | $40,281,490 |