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John K & Luise V Hanson Foundation

Forest City, IA 421343843 www.hansonfoundation.org

The John K & Luise V Hanson Foundation is a philanthropic organization in Iowa with over $46 million in assets, supporting diverse areas such as arts, education, and health, primarily within the state.

Overview

About John K & Luise V Hanson Foundation

The John K & Luise V Hanson Foundation, based in Forest City, Iowa, is a philanthropic organization with assets totaling $46,013,492. The foundation's annual expenses are $3,981,369, with a revenue of $766,146. It focuses on a wide range of subject areas including arts and culture, historical activities, education, health, public affairs, community and economic development, sports and recreation, human services, family services, and child welfare. The foundation primarily funds initiatives within Iowa. Key personnel include Mary Jo Boman (Director), Linda Kay (Secretary/Treasurer), John V Hanson (Director/President), Paul D Hanson (Director), and Craig Braget (Secretary/Treasurer).

Focus areas

Arts and cultureHistorical activitiesEducationHigher educationHealthPublic affairsCommunity and economic developmentSports and recreationHuman servicesFamily servicesChild welfare- Less

Geographic focus

IA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

Example compatibility analysis for demonstration purposes

Match Score measures the compatibility between your organization and this funder based on focus areas alignment (92%), geographic location preferences (85%), previous grantees similarity (88%), grant size match (78%), application process compatibility (73%), and timeline compatibility (80%).

87%
Excellent compatibility match
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Key statistics
Total Assets $46.0M
Total Awarded This Year $3.5M
Average Grant Size $3.5M
Total Grants (Previous Year) 228
Open to New Applicants
false
% New Applicants Funded
0%
Contact information
www.hansonfoundation.org
Forest City, IA, US
Geographic Funding Distribution

Financials

Total assets
$46,013,492

in 2024, compared to $49,106,037 in 2023

Annual grants
$3,469,800

1 grants awarded in 2024

Program expenses
85%

Of total expenses go to programs

Annual grant distribution
Revenue vs expenses
Assets over time

Grants

Grant awards
PurposeLocation
$3,469,800See attached Statement 3VARIOUSfor list of recipients Various, IA US2024
$3,398,050See attached Statement 3VARIOUSfor list of recipients Various, IA US2023
$3,014,800See attached Statement 3VARIOUSfor list of recipients Various, IA US2022
3 row(s) total.

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People

Leadership & staff

Compensation data from most recent available 990 forms

Title
LK
Linda Kay
Secretary/Treasurer$420002022
CB
Craig Braget
Secretary/Treasurer$260002024
LK
Linda Kay
Secretary/Treasurer$165002023
CB
Craig Braget
Secretary/Treasurer$160002023
LK
Linda Kay
Secretary/Treasurer$80002024
MJB
Mary Jo Boman
Director$02022
JVH
John V Hanson
Director/President$02022
PDH
Paul D Hanson
Director$02022
MJB
Mary Jo Boman
Director$02023
JVH
John V Hanson
Director/President$02023
14 row(s) total.

Rows per page

Page 1 of 2

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025