Marion D and Maxine C Hanks Foundat

SALT LAKE CITY, UT EIN: 87-0503758

Marion D and Maxine C Hanks Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 33 grants totaling $122K. Net investment income was $259K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+8.3% YoY

Annual Giving

$122K

+209.6% YoY

Grant Count

33

+230.0% YoY

Avg Grant Size

$4K

-6.2% YoY

About Marion D and Maxine C Hanks Foundat

Based on IRS filings

Marion D and Maxine C Hanks Foundat is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SALT LAKE CITY, UT. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 33 grants totaling $122K. Net investment income was $259K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Salt Lake City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$75K$150K$225K$300K20232024
Metric20242023
Total Assets$1,527,936$1,410,437
Revenue$273,111$104,901
Expenses$132,960$15,313
Qualifying Distributions$119,300$39,500
Net Investment Income$259,451$89,684
Distributable Amount$107,603$64,807

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$61K$92K$122K10 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Hatota Tehiva$7KOuelesebougou Allince$5KCecilia Mahimana$5KELM Foundation$5KAnne Rowe$5KLori Compton$5KPapua New Guinea$5KSheilla Ashworth$5KKaren Maese$5KKaren Hoglund$5K

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

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Nancy Baird MANAGERManager
Spencer ClawsonTreasurer

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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