Open Foundations · Iowa

John K and Luise V Hanson Foundation

Forest City, Iowa · EIN 421343843. Its Form 990-PF says giving is not restricted to organizations picked in advance, which is how a private foundation files that it accepts unsolicited requests. It paid $3.1M across 124 grants in 2024, a median of $9K each.

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$3.1M
paid in 2024
124
grants paid
$9K
median grant
100%
to first-time recipients
$43.5M
assets on file

How to apply, as filed

Straight off Part XV of the return. Where the foundation left a line blank, this says so rather than guessing.

Send requests to
CRAIG BRAGET FOUNDATION SECRETARY T
Address
PO BOX 450, FOREST CITY, IA, 504360450
Phone
6415822825
Form the request should take
PLEASE VISIT THE FOUNDATION'S WEBSITE AT HTTPS://WWW.HANSONFOUNDATION.ORG/HOW-TO-APPLY/ FOR FULL APPLICATION DETAILS. APPLICATIONS MUST INCLUDE A COMPLETED APPLICATION COVER SHEET (AVAILABLE ON THE FOUNDATION'S WEBSITE), ALONG WITH A PROJECT BUDGET AND A CONDENSED CURRENT FINANCIAL STATEMENT.
Submission deadline
APPLICATION "RECEIVED BY" DEADLINES: MARCH 1, JUNE 1, SEPTEMBER 1, AND DECEMBER 1.
Restrictions on awards
GRANTS ARE AWARDED ONLY TO ORGANIZATIONS THAT ARE TAX-EXEMPT UNDER IRC SECTION 501(C)(3) AND NOT CLASSIFIED AS PRIVATE FOUNDATIONS UNDER SECTION 509(A), OR TO GOVERNMENT ENTITIES. THE FOUNDATION PRIMARILY SERVES NORTH CENTRAL IOWA AND SOUTH CENTRAL MINNESOTA, WITH MOST GRANTS SUPPORTING ORGANIZATIONS IN FOREST CITY. PREFERENCE IS GIVEN TO PROJECTS THAT LEVERAGE MATCHING FUNDS OR USE FOUNDATION SUPPORT TO CATALYZE ADDITIONAL FUNDRAISING. REQUESTS OUTSIDE THESE AREAS MAY BE CONSIDERED IF THEY ALIGN WITH THE FOUNDATION'S MISSION TO STRENGTHEN COMMUNITIES.

As filed on the Form 990-PF for tax year 2024, IRS filing object id 202621339349104402. Printed word for word, including the entries that only say to see a website or an attachment.

What it funds, in its own words

The words that come up most often across the purposes it wrote on its 2024 grants. These are the foundation's own words, not a category we assigned.

equipment

Biggest grants in 2024

The 15 largest of the 124 grants paid in 2024, with the purpose the foundation wrote for each.

#RecipientStateAmountPurpose as filed
1Waldorf Lutheran College Foundation IncIA$1,025,000GENERAL OPERATING SUPPORT
2Forest City Education FoundationIA$200,000ANNUAL FUNDING - SENIOR AWARDS NIGHT 2024
3Vesterheim Norwegian-american MuseumIA$200,000VESTERHEIM COMMONS, THE INSPIRING COMMUNITY SPACE
4Waldorf Lutheran College Foundation IncIA$130,000BOMAN FINE ARTS IMPROVEMENTS
5United States Sailing Center of Martin County IncFL$100,000GENERAL OPERATING SUPPORT
6City of Forest CityIA$59,000TAXILANE UPGRADES
7Clear Lake Community School Foundation IncIA$50,000PERFORMING ARTS CENTER
8Clear Lake Development FoundationIA$50,000ROOFTOP PATIO NAMING RIGHTS
9Hancock County Economic Development CorporationIA$50,000CHILDCARE ALLIANCE - WAGE SUPPORT INITIATIVE
10Temple Grandin SchoolCO$50,000GENERAL OPERATING SUPPORT
11Forest City Family YmcaIA$45,000CHILDCARE SUPPORT
12T L C Broadcasting CorporationIA$37,500POWER AND EQUIPMENT UPGRADE
13City of Forest CityIA$32,000IMPROVEMENT AND GROWTH OF FOREST CITY
14Blue Stars Performing Arts for Youth IncWI$30,000SPRING TRAINING CAMP AT FOREST CITY
15City of Blooming PrairieMN$30,000CENTRAL PARK REVITALIZATION PROJECT

Giving by year, and who received it

Grants paid by year

Every year of this foundation's grants that Civly holds
Tax yearGrantsPaid
20191$3.0M
20201$3.0M
20211$3.4M
20221$3.5M
20231$4.0M
2024124$3.1M

Where the money went

Share of 2024 grant dollars by recipient state
Iowa77%
Minnesota11%
Colorado2%
Washington2%
Texas2%

Who decides

Officers, directors and trustees as filed, with the year of the return they appeared on.

Craig BragetSECRETARY, TREASURER · 2024
Gregory BomanDIRECTOR · 2024
Janet CoeDIRECTOR · 2024
John J HansonDIRECTOR · 2024
John V HansonDIRECTOR, PRESIDENT · 2024
Linda KaySECRETARY, TREASURER · 2024
Mary Jo BomanDIRECTOR · 2024
Paul D HansonDIRECTOR · 2024

Every figure on this page is that foundation's own latest filed year, which is 2022 or later. This foundation is listed because its Form 990-PF says it does not restrict giving to preselected organizations and it paid at least 5 grants totaling $100K or more that year. Latest-year grants and terms per foundation from IRS 990-PF e-file returns; the newest tax year is partial until the IRS finishes releasing it. Grants are de-duplicated on funder, year, recipient and amount, so identical repeat grants collapse into one and totals can run low. Full method.

Source: IRS Form 990-PF e-file releases (public domain). Analysis: Civly.

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