Mark and Barbara Hanawalt Charitable

WAVERLY, IA EIN: 82-6385133

Mark and Barbara Hanawalt Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $543K in total assets. In 2024, it awarded 4 grants totaling $22K. Net investment income was $17K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$543K

-1.2% YoY

Annual Giving

$22K

-4.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

-4.3% YoY

Under IRS private-foundation payout rules, Mark and Barbara Hanawalt Charitable reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About Mark and Barbara Hanawalt Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Iowa $76K (78%)

Minnesota $22K (22%)

States

Iowa Minnesota

Cities

DecorahMinneapolisMount VernonMt VernonNorthfieldPellaWaverly

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$543,172	$549,648	$455,668
Revenue	$21,275	$123,647	$-33,790
Expenses	$27,357	$29,731	$32,065
Qualifying Distributions	$22,922	$23,864	$24,945
Net Investment Income	$16,747	$17,642	$4,101
Distributable Amount	$30,552	$22,800	$24,179

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

21 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cantus ($6,000), Cornell College ($6,000), Bartels Lutheran Retirement Home ($5,000).

Recipient	Purpose	Amount
BARTELS LUTHERAN RETIREMENT HOME WAVERLY, IA	SOCIAL SERVICES	$5,000
CANTUS MINNEAPOLIS, MN	MUSIC	$6,000
CORNELL COLLEGE MT VERNON, IA	EDUCATIONAL	$6,000
WAVERLY SHELL ROCK FOUNDATION WAVERLY, IA	EDUCATIONAL	$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MARK HANAWALT	TRUSTEE	0.1	—
BARBARA HANAWALT	TRUSTEE	0.1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mark and Barbara Hanawalt Charitable?

Mark and Barbara Hanawalt Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WAVERLY, IA. It holds $543K in total assets as of 2024.

How large is Mark and Barbara Hanawalt Charitable?

As of 2024, Mark and Barbara Hanawalt Charitable holds $543K in total assets with $21K in annual revenue. It awarded 4 grants totaling $22K in 2024.

Where does Mark and Barbara Hanawalt Charitable operate?

Mark and Barbara Hanawalt Charitable has awarded grants in Iowa, Minnesota.

What size grants does Mark and Barbara Hanawalt Charitable award?

In 2024, Mark and Barbara Hanawalt Charitable awarded 4 grants totaling $22K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Mark and Barbara Hanawalt Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark and Barbara Hanawalt Charitable reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mark and Barbara Hanawalt Charitable's EIN?

Mark and Barbara Hanawalt Charitable's EIN (Employer Identification Number) is 82-6385133. IRS Form 990 filing data is available on this page for 2020–2024.