Pete M Hanna Charitable Foundation
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
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
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $1,361,196
- Total Annual Giving: $775,891
- EIN: 27-4342216
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
240 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PETE M HANNA | PRESIDENT/DIRECTOR | 8 | — |
| JERRY D KIMBROUGH | TREASURER/DIRECTOR | — | — |
| RANDALL S RAIFORD | ASSISTANT SECRETARY | — | — |
| JAMES MARSHALL AKINS | VICE PRESIDENT | — | — |
| JOHN R SIMPSON | DIRECTOR | — | — |
Contact Information
Address: 4527 Southlake Parkway, Hoover, AL 35244-3238
Telephone: 205-780-1111
Subject Areas
Focus areas based on grantmaking activity
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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