HANSON FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
HANSON FAMILY FOUNDATION (EIN 36-3750504)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-10
IRS object ID
202431319349102868
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-10T18:27:13-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN372050486PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HOSTICKA CPA PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1461 SPRING CRESS COURTAddressLine1Txt
CityWEST CHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP601851783ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363750504EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HANSON FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHANSBusinessNameControlTxt
Phone3128775605PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 E SUPERIOR STREET APT 2501AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606112587ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS R HANSONPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone3128775605PhoneNum
Signature2024-05-01SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTHOMASPersonFirstNm
Person LastHANSONPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonALLEN F HOSTICKA JR CPAPreparerPersonNm
PTINP00194238PTIN
Phone6302218022PhoneNum
Preparation2024-05-10PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$547,012FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$8,275DividendsRevAndExpnssAmt
Dividends Net Invst Incm$8,275DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$58,225NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$311,292GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$58,225CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$66,500TotalRevAndExpnssAmt
Total Net Invst Incm$66,500TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,600AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$5,614OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$5,614OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$18TaxesRevAndExpnssAmt
Taxes Net Invst Incm$18TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,286OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$486OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$11,518TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$7,718TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$113,970ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$113,970ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$125,488TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$7,718TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$113,970TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$58,988ExcessRevenueOverExpensesAmt
Net Investment Income$58,782NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$14,945SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,627SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,627SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$470,940CorporateStockBOYAmt
Corporate Stock EOY$418,270CorporateStockEOYAmt
Corporate Stock EOYFMV$538,385CorporateStockEOYFMVAmt
Total Assets BOY$485,885TotalAssetsBOYAmt
Total Assets EOY$426,897TotalAssetsEOYAmt
Total Assets EOYFMV$547,012TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$485,885RetainedEarningBOYAmt
Retained Earning EOY$426,897RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$485,885TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$426,897TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$485,885TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$426,897TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$485,885TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$58,988ExcessRevenueOverExpensesAmt
Subtotal$426,897SubtotalAmt
Tot Net Ast Or Fund Balances EOY$426,897TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
BMO HARRISP2023-01-012023-12-31$3,838$3,826$12$12
BMO HARRISP2018-01-012023-12-31$306,411$249,241$57,170$57,170
FieldValueIRS element (for citing)
Capital Gain Net Income$58,225CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$12NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$817InvestmentIncomeExciseTaxAmt
Subtotal$817SubtotalAmt
Tax Based On Investment Income$817TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$983EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$983TotalPaymentsAndCreditsAmt
Overpayment$166OverpaymentAmt
Applied To ES Tax$166AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksTHOMAS HANSONIndividualWithBooksNm
Phone6309868437PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line125 E SUPERIOR STREETAddressLine1Txt
Address Line2APT 2501AddressLine2Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606112587ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
THOMAS R HANSON
25 E SUPERIOR STREET APT 2501CHICAGOIL60611DIRECTOR000.00$0$0$0
NANCY HANSON
25 E SUPERIOR STREET APT 2501CHICAGOIL60611DIRECTOR000.00$0$0$0
BRUCE HANSON
11135 WEDDINGTON STREET 439NORTH HOLLYWOODCA91601DIRECTOR000.00$0$0$0
BRIAN HANSON
3016 NORMANDY PLACEEVANSTONIL60201DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$554,828AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$11,786AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$566,614TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$566,614AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$8,499CashDeemedCharitableAmt
Net Vl Noncharitable Assets$558,115NetVlNoncharitableAssetsAmt
Minimum Investment Return$27,906MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$27,906MinimumInvestmentReturnAmt
Tax Based On Investment Income$817TaxBasedOnInvestmentIncomeAmt
Total Tax$817TotalTaxAmt
Distributable Before Adj$27,089DistributableBeforeAdjAmt
Distributable Before Ded$27,089DistributableBeforeDedAmt
Distributable As Adjusted$27,089DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$113,970ExpensesAndContributionsAmt
Qualifying Distributions$113,970QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$27,089DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$19,551ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$17,979ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,683ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$56,939ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$39,201ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$135,353TotalExcessDistributionCyovAmt
Qualifying Distributions$113,970QualifyingDistributionsAmt
Applied To Current Year$27,089AppliedToCurrentYearAmt
Remaining Distri From Corpus$86,881RemainingDistriFromCorpusAmt
Total Corpus$222,234TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$19,551ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$202,683ExcessDistriCyovToNextYrAmt
Excess From Year4$17,979ExcessFromYear4Amt
Excess From Year3$1,683ExcessFromYear3Amt
Excess From Year2$56,939ExcessFromYear2Amt
Excess From Year1$39,201ExcessFromYear1Amt
Excess From Current Year$86,881ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (19 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALL CHICAGO
651 W WASHINIGTON504CHICAGOIL60661NONE501(C)3 ORGUNRESTRICTED$1,000
CHICAGO FURNITURE BANK
4801 S WHIPPLE STCHICAGOIL60632NONE501(C)3 ORGUNRESTRICTED$3,000
CHICAGO PUBLIC MEDIA
848 EAST GRAND AVENUENAVY PIERCHICAGOIL60611NONE501(C)3 ORGUNRESTRICTED$10,000
CHILD CARE NETWORK
3941 RESEARCH PARK DRSUITE CANN ARBORMI48108NONE501(C)3 ORGUNRESTRICTED$1,000
CONNECTION FOR HOMELESS
2121 DEWEY AVENUEEVANSTONIL60201NONE501(C)3 ORGUNRESTRICTED$2,000
ENTERTAINMENT COUNCIL FOUNDATION
310 SOUTH PEORIACHICAGOIL60607NONE501(C)3 ORGUNRESTRICTED$2,000
ENVIRONMENTAL LAW AND POLICY CENTER
35E WACKER PLACECHICAGOIL60601NONE501(C)3 ORGUNRESTRICTED$2,500
FAMILY FOCUS
310 SOUTH PEORIASUITE 301CHICAGOIL60607NONE501(C)3 ORGUNRESTRICTED$500
GRANT PARK ORCHESTRA ASSOC
205 E RANDOLPHCHICAGOIL60601NONE501(C)(3)ORGUNRESTRICTED$8,050
GULFSHORE PLAYHOUSE
755 8TH AVENUENAPLESFL34102NONE501(C)3 ORGUNRESTRICTED$2,500
IMPACT BEHAVIOR HEALTH
565 W HOWARD STREETEVANSTONIL60202NONE501(C)3 ORGUNRESTRICTED$1,000
NATURE CONSERVANCY IN IL
8 SOUTH MICHIGAN AVENUESUITE 900CHICAGOIL60603NONE501(C)3 ORGUNRESTRICTED$10,000
PEER SERVICES
906 DAVIS STREETEVANSTONIL60202NONE501(C)3 ORGUNRESTRICTED$500
ST PAULS UCC
2335 N ORCHARD STCHICAGOIL60614NONE501(C)3 ORGUNRESTRICTED$1,500
THE BOULEVARD
3456 W FRANKLIN BOULEVARDCHICAGOIL60624NONE501(C)3 ORGUNRESTRICTED$5,000
THE INSTITUTE FOR CLINICAL SOCIAL W
1345 W ARGYLE STREETCHICAGOIL60640NONE501(C)3 ORGUNRESTRICTED$1,000
UNIVERSITY OF IOWA CENTER FOR ADVAN
ONE WEST PARK ROADIOWA CITYIA52242NONE501(C)3 ORGUNRESTRICTED$60,920
WOMENS GLOBAL EDUCATION PROJECT
136 N MARION STREETSUITE 201OAK PARKIL60301NONE501(C)3 ORGUNRESTRICTED$1,000
YOUTH JOBS CENTER
1114 CHURCH STREETEVANSTONIL60201NONE501(C)3 ORGUNRESTRICTED$500
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$113,970TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$8,275ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$58,225ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$66,500ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$66,500TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,600Amt
Net Investment Income$1,600NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMARKETABLE SECURITIESStockNm
EOY Book Value$418,270EOYBookValueAmt
EOYFMV$538,385EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
FILING FEES$15$15
MISCELLANEOUS$471$471
FRAUD$3,800

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT - HARRIS BCategoryTxt
Amt$5,614Amt
Net Investment Income$5,614NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL INCOME TAX
FORIEGN TAX$18$18

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