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
Under IRS private-foundation payout rules, Pete M Hanna Charitable Foundation reported a distributable amount of $88K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include Helen Keller Foundation for Research and Education ($100,000), Empty Stocking Fund ($50,000), Big Oak Ranch Inc ($43,200).
| Recipient | Purpose | Amount |
|---|---|---|
| ALABAMA HERITAGE TUSCALOOSA, AL | FUNDING OF SCHOLARSHIPS | $10,000 |
| ALABAMA SHERIFF'S YOUTH RANCHES INC GLENSIDE, PA | SUPPORT OF PROGRAMS | $1,000 |
| ASPCA WASHINGTON, DC | SUPPORT OF PROGRAMS | $3,000 |
| BANKS ACADEMY BIRMINGHAM, AL | FUNDING OF SCHOLARSHIPS | $12,000 |
| BARBER VINTAGE MOTORSPORTS MUSEUM BIRMINGHAM, AL | SUPPORT OF PROGRAMS | $20,000 |
| BIG OAK RANCH INC SPRINGVILLE, AL | SUPPORT OF PROGRAMS | $43,200 |
| BIRMINGHAM ZOO INC BIRMINGHAM, AL | SUPPORT OF PROGRAMS | $5,000 |
| BRADLEY ARANT BOULT CUMMINGS LLP BIRMINGHAM, AL | SUPPORT OF PROGRAMS | $21,360 |
| CANINE ASSISTED THERAPY INC OAKLAND PARK, FL | FUNDING OF SCHOLARSHIPS | $10,000 |
| CAPSTONE FOUNDATION SEARCY, AR | SUPPORT OF PROGRAMS | $1,200 |
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
Frequently Asked Questions
What does Pete M Hanna Charitable Foundation fund?
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.
How do I apply for a grant from Pete M Hanna Charitable Foundation?
**Grant Size & Activity:** • Total annual giving: $775,891 • Foundation assets: $1,361,196 • Typical award range: $100–$124,557 The foundation has historically made grants across its focus areas, with education representing a significant priority within its grantmaking portfolio.
Where does Pete M Hanna Charitable Foundation make grants?
The foundation primarily directs grants to organizations in: • Alabama • Illinois • Florida
What size grants does Pete M Hanna Charitable Foundation award?
In 2024, Pete M Hanna Charitable Foundation awarded 57 grants totaling $776K — an average of about $14K per grant, based on its IRS Form 990 filings.
How much is Pete M Hanna Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Pete M Hanna Charitable Foundation reported a distributable amount of $88K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Pete M Hanna Charitable Foundation's EIN?
Pete M Hanna Charitable Foundation's EIN (Employer Identification Number) is 27-4342216. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Pete M Hanna Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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