Pete M Hanna Charitable Foundation

HOOVER, AL EIN: 27-4342216

The Pete M Hanna Charitable Foundation is a private foundation based in Hoover, Alabama. The foundation was established in Alabama and operates as a company-sponsored foundation with a focus on supporting charitable causes aligned with Christian principles.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

-36.0% YoY

Annual Giving

$776K

-14.7% YoY

Grant Count

57

+0.0% YoY

Avg Grant Size

$14K

-14.7% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports organizations involved in:

  • Education
  • Food banks
  • Health
  • School athletics
  • Animal therapy
  • Human services
  • Christianity

The foundation demonstrates particular interest in education nonprofits and STEM education grants.

Grantmaking

The foundation has historically made grants across its focus areas, with education representing a significant priority within its grantmaking portfolio.

Grant Range

& Activity:**

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Geographic Focus

Where this funder awards grants

The foundation primarily directs grants to organizations in:

  • Alabama
  • Illinois
  • Florida

Grant Distribution by State

16states
+8 more states

Cities

Alexander CityAtlantaBirminghamBushnellCharlotteChattanoogaColumbianaEnsleyFairfieldGlensideHelenaHomewoodHooverHoustonIrondaleJasperKansas CityLeedsLocust GroveMarietta

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $1,361,196
  • Total Annual Giving: $775,891
  • EIN: 27-4342216
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$550K$1M$2M$2M201920202021202220232024
Metric202420232022
Total Assets$1,361,196$2,128,343$1,017,431
Revenue$5,156$2,001,303$1,501,601
Expenses$779,803$915,492$846,901
Qualifying Distributions$777,847$913,590$845,129
Net Investment Income
Distributable Amount$87,662$35,735$20,093

Giving Over Time

Total grant dollars and number of grants per year

$0$302K$604K$907K$1M57 grants201947 grants202043 grants202160 grants202257 grants202357 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

HELEN KELLER FOUNDATION …$100KEMPTY STOCKING FUND$50KBIG OAK RANCH INC$43KGREATER BIRMINGHAM HUMAN…$40KHAND IN PAW$35KFELLOWSHIP OF CHRISTIAN …$34KFELLOWSHIP OF CHRISTIAN …$30KHERCHOICE$27KCYSTIC FIBROSIS FOUNDATION$25KFIRST BAPTIST CHURCH OF …$25K

Grant Size Distribution

240 grants across all recorded years

219<$50K12$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Pete M Hanna (1936–2025) founded and led the foundation. Hanna was a former Samford University student-athlete who became a regional philanthropist while serving as CEO and chairman of Hanna Steel. He was known for prioritizing charitable giving and frequently sponsored nonprofits through anonymous donations. His name is memorialized at Samford University, where the football stadium and basketball arena bear his name in recognition of his long history of funding scholarships and campus projects.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PETE M HANNAPRESIDENT/DIRECTOR8
JERRY D KIMBROUGHTREASURER/DIRECTOR
RANDALL S RAIFORDASSISTANT SECRETARY
JAMES MARSHALL AKINSVICE PRESIDENT
JOHN R SIMPSONDIRECTOR

Contact Information

Address: 4527 Southlake Parkway, Hoover, AL 35244-3238
Telephone: 205-780-1111

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. Research dossier generated April 2026.

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