R S Hansen Foundation Inc

Private foundation · Grantmaker Chanhassen, MN EIN: 41-1699283

R S Hansen Foundation Inc is a private foundation, based in Chanhassen, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $675K in total assets. In 2024, it awarded 5 grants totaling $30K. Net investment income was $65K.

Key facts about R S Hansen Foundation Inc

In short: R S Hansen Foundation Inc gave $30K across 5 grants in 2024 (avg $6K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.

EIN
41-1699283
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$30,100
Grants made (2024)
5
Average grant
$6,020
Median grant
$1,000
Total assets
$674,880
Primary geography
Minnesota (97% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$675K

+4.6% YoY

Annual Giving

$30K

+41.6% YoY

Grant Count

5

+66.7% YoY

Avg Grant Size

$6K

-15.0% YoY

Under IRS private-foundation payout rules, R S Hansen Foundation Inc reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

How R S Hansen Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (−11%). Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

PierzSt. PaulSaint PeterAnokaBloomingtonMinnetonkaPark RapidsExcelsiorStaten Island

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K$40K7 grants2020 7 grants2021 4 grants2022 3 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $21K (2023) to $38K (2022). In 2024 it made 5 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Gustavus Heritage Scholarship: $16KGustavus Heritage Scholarship$16KFather Pierz Catholic School: $12KFather Pierz Catholic School$12KTunnel to Towers: $1KTunnel to Towers$1KMount Calvary Church: $1KMount Calvary Church$1KNorthern Lights Opera: $300Northern Lights Opera$300

The largest 2024 recipient was Gustavus Heritage Scholarship ($16K). Together the top 5 received $30K.

Grant Size Distribution

26 grants across all recorded years

26<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 26 grants of 26 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Gustavus Heritage Scholarship Saint Peter, MNProgram Support$15,800
Father Pierz Catholic School Pierz, MNProgram Support$12,000
Tunnel to Towers Staten Island, NYProgram Support$1,000
Mount Calvary Church Excelsior, MNProgram Support$1,000
Northern Lights Opera Park Rapids, MNProgram Support$300

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$674,880$645,131$635,344
Revenue$78,111$49,975$20,676
Expenses$48,362$40,188$58,844
Qualifying Distributions$34,900$26,881$44,850
Net Investment Income$64,511$35,748$6,679
Distributable Amount$37,882$35,015$36,150

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 23, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 25, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS October 6, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

R S Hansen Foundation Inc is led by Gary Hansen, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gary Hansen

    President

    On filings since 2022

    1 hr/week

    No compensation reported

  • Laurie Sue Hansen

    Secretary & Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Richard Davis (2020–2022) — Secretary & Treasurer · Filing note: Thru 21322
  • Former: Robert Hansen (2020–2022) — President · Filing note: Thru 72722

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about R S Hansen Foundation Inc

How much does R S Hansen Foundation Inc give each year?

R S Hansen Foundation Inc gave $30K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 3 grants.

What is R S Hansen Foundation Inc's typical grant size?

R S Hansen Foundation Inc's median grant in 2024 was $1,000, and its average grant was $6,020, across 5 grants on its 2024 IRS Form 990-PF.

Where does R S Hansen Foundation Inc give grants?

R S Hansen Foundation Inc gives mostly in Minnesota: 97% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.

Does R S Hansen Foundation Inc give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on R S Hansen Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Program Support" (5 grants).

Who are R S Hansen Foundation Inc's largest grantees?

R S Hansen Foundation Inc's largest 2024 grantees include Gustavus Heritage Scholarship ($15,800), Father Pierz Catholic School ($12,000) and Tunnel to Towers ($1,000), according to its 2024 IRS Form 990-PF. Together they received 96% of its itemized 2024 grant dollars.

How large is R S Hansen Foundation Inc?

R S Hansen Foundation Inc reported $675K in total assets on its 2024 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is R S Hansen Foundation Inc's EIN?

R S Hansen Foundation Inc's EIN (Employer Identification Number) is 41-1699283. IRS Form 990 filing data is available on this page for 2020–2024.

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

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