Joe W and Jean M Hanson Educational Tr

CLEVELAND, OH EIN: 73-6301424

Joe W and Jean M Hanson Educational Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it awarded 5 grants totaling $38K. Net investment income was $26K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$790K

-3.2% YoY

Annual Giving

$38K

-1.1% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$8K

-1.1% YoY

Under IRS private-foundation payout rules, Joe W and Jean M Hanson Educational Tr reported a distributable amount of $40K for 2024 — the minimum it must pay out in qualifying distributions.

About Joe W and Jean M Hanson Educational Tr

Based on IRS filings

Joe W and Jean M Hanson Educational Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it awarded 5 grants totaling $38K. Net investment income was $26K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

ClaremoreDentonEdmondJoplinKansas CityManhattanNormanOklahoma CityShawneeStillwaterTulsaWeatherford

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$65K$130K$195K$260K20202021202220232024
Metric202420232022
Total Assets$790,221$816,615$806,722
Revenue$23,044$32,530$235,977
Expenses$49,437$55,640$42,051
Qualifying Distributions$40,215$40,664$31,871
Net Investment Income$26,184$15,407$220,927
Distributable Amount$39,618$41,041$38,034

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$38K19 grants20208 grants20216 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

OKLAHOMA STATE UNIVERSITY$18KUNIVERSITY OF OKLAHOMA$10KSOUTHWESTERN OKLAHOMA ST…$4KOKLAHOMA BAPTIST UNIVERS…$4KTULSA COMMUNITY COLLEGE$2K

Grant Size Distribution

43 grants across all recorded years

43<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Oklahoma State University ($17,546), University of Oklahoma ($10,000), Southwestern Oklahoma State Univ ($4,023).

RecipientPurposeAmount
OKLAHOMA STATE UNIVERSITY STILLWATER, OKSCHOLARSHIP$17,546
UNIVERSITY OF OKLAHOMA NORMAN, OKSCHOLARSHIP$10,000
SOUTHWESTERN OKLAHOMA STATE UNIV WEATHERFORD, OKSCHOLARSHIP$4,023
OKLAHOMA BAPTIST UNIVERSITY SHAWNEE, OKSCHOLARSHIP$4,023
TULSA COMMUNITY COLLEGE TULSA, OKSCHOLARSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Joe W and Jean M Hanson Educational Tr?

Joe W and Jean M Hanson Educational Tr is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. It holds $790K in total assets as of 2024.

How large is Joe W and Jean M Hanson Educational Tr?

As of 2024, Joe W and Jean M Hanson Educational Tr holds $790K in total assets with $23K in annual revenue. It awarded 5 grants totaling $38K in 2024.

Where does Joe W and Jean M Hanson Educational Tr operate?

Joe W and Jean M Hanson Educational Tr has awarded grants in Kansas, Missouri, Oklahoma, Texas.

What size grants does Joe W and Jean M Hanson Educational Tr award?

In 2024, Joe W and Jean M Hanson Educational Tr awarded 5 grants totaling $38K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Joe W and Jean M Hanson Educational Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Joe W and Jean M Hanson Educational Tr reported a distributable amount of $40K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Joe W and Jean M Hanson Educational Tr's EIN?

Joe W and Jean M Hanson Educational Tr's EIN (Employer Identification Number) is 73-6301424. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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