Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag

Private foundation · Grantmaker Evansville, IN EIN: 36-3406431
Arts and cultureEducationHuman services

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag is a private foundation focused on Arts and culture, based in Evansville, IN. IRS filing data is available from 2020 through 2024. In 2024, it awarded 2 grants totaling $2.8M. Net investment income was $805K.

Key facts about Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag

In short: Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag gave $2.8M across 2 grants in 2024 (avg $1.4M), mostly in Illinois. Source: 2024 IRS Form 990-PF.

EIN
36-3406431
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,778,190
Grants made (2024)
2
Average grant
$1,389,095
Median grant
$1,389,095
Primary geography
Illinois (50% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$2.8M

+3988.9% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$1.4M

+3988.9% YoY

Under IRS private-foundation payout rules, Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag reported a distributable amount of $117K for 2024 — the minimum it must pay out in qualifying distributions.

How Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag gives

  • Giving grew 4454% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). 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 2 itemized grants.

States

Cities

DavenportRock Island

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024

From 2020 to 2024, annual grant giving ranged from $57K (2020) to $2.8M (2024). In 2024 it made 2 grants totaling $2.8M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Augustana College: $1.4MAugustana College$1.4MQuad City Symphony Orchestra: $1.4MQuad City Symphony Orchestra$1.4M

The largest 2024 recipient was Augustana College ($1.4M). Together the top 2 received $2.8M.

Grant Size Distribution

10 grants across all recorded years

8<$50K$50–100K$100–250K$250–500K$500K–1M2$1–5M$5M+

The most common grant size was under $50K: 8 grants of 10 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Augustana College Rock Island, ILUnrestricted$1,389,095
Quad City Symphony Orchestra Davenport, IAUnrestricted$1,389,095

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2020 2021 2022 2023 2024
Metric202420232022
Total Assets—$2,037,248$1,025,719
Revenue$806,889$106,733$171,588
Expenses$2,844,137$90,872$97,156
Qualifying Distributions$2,778,814$71,364$80,856
Net Investment Income$804,700$96,106$159,718
Distributable Amount$117,057$111,041$71,769

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Lisa Wood

    Trustee

    On filings since 2020

    No compensation reported

  • OLD National Wealth Management

    Trustee

    On filings since 2022

    No compensation reported

Former officers (1)
  • Former: First Midwest Bank (2020–2021) — Trustee

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 Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag

How much does Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag give each year?

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag gave $2.8M across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $68K across 2 grants.

What is Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag?

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag is a private foundation focused on Arts and culture, based in Evansville, IN.

Where does Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag operate?

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag has awarded grants in Iowa, Illinois.

How much is Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag reported a distributable amount of $117K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag's EIN?

Robert a & Patricia K Hanson Charitable Foundation C/O Old National Wealth Manag's EIN (Employer Identification Number) is 36-3406431. IRS Form 990 filing data is available on this page for 2020–2024.

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

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