HANNAN FOUNDATION: Form 990PF, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: HANNAN FOUNDATION (EIN 38-3544600)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-04-26
IRS object ID: 201101169349100400
Schema version: 2010v3.2
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
Form 990-PF
Compensation Explanation

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-04-26T08:18:12-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	YEO & YEO PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 3275	AddressLine1
City	SAGINAW	City
State	MI	State
ZIP Code	48605	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	383544600	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HANNAN FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HANN	NameControl
Phone	8106947429	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	8383 WARWICK GROVE CT	AddressLine1
City	GRAND BLANC	City
State	MI	State
ZIP Code	48439	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	DR AHMAD T HANNAN	Name
Title	PRESIDENT	Title
Phone	8106947429	Phone
Date Signed	2011-04-08	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	STEVEN P WITT	Name
Phone	9897939830	Phone
Date Prepared	2011-04-08	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Exempt PF	X	ExemptPF
FMV Assets EOY	19928	FMVAssetsEOY
Method Of Accounting Cash	X	MethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Not Required To Attach Schedule B	X	NotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss	39	InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm	39	InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm	39	InterestOnSavingsAdjNetIncm
Total Revenue And Expenses	39	TotalRevenueAndExpenses
Total Net Investment Income	39	TotalNetInvestmentIncome
Total Adjusted Net Income	39	TotalAdjustedNetIncome
Tot Opr Expenses Rev And Expnss	0	TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm	0	TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps	0	TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss	0	ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps	0	ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss	0	TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm	0	TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps	0	TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses	39	ExcessOfRevenueOverExpenses
Net Investment Income	39	NetInvestmentIncome
Adjusted Net Income	39	AdjustedNetIncome

Balance Sheets BalanceSheets

Field	Value	IRS element (for citing)
Savings And Temp Cash Invst BOY	19889	SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY	19928	SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV	19928	SavingsAndTempCashInvstEOYFMV
Total Assets BOY	19889	TotalAssetsBOY
Total Assets EOY	19928	TotalAssetsEOY
Total Assets EOYFMV	19928	TotalAssetsEOYFMV
Total Liabilities EOY	0	TotalLiabilitiesEOY
Org That Do Not Follow SFAS117	X	OrgThatDoNotFollowSFAS117
Retained Earnings BOY	19889	RetainedEarningsBOY
Retained Earnings EOY	19928	RetainedEarningsEOY
Total Net Assets BOY	19889	TotalNetAssetsBOY
Total Net Assets EOY	19928	TotalNetAssetsEOY
Total Liabilities Net Assets BOY	19889	TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY	19928	TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

Field	Value	IRS element (for citing)
Total Net Assets Fund Balances BOY	19889	TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses	39	ExcessOfRevenueOverExpenses
Subtotal	19928	Subtotal
Total Net Assets Fund Balances EOY	19928	TotalNetAssetsFundBalancesEOY

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

Field	Value	IRS element (for citing)
Liable For4942 Tax	false	LiableFor4942Tax
Qualifying Distributions Year1	25000	QualifyingDistributionsYear1
Noncharitable Assets Year1	42095	NoncharitableAssetsYear1
Distribution Ratio Year1	0.593895	DistributionRatioYear1
Total Distribution Ratio	0.593895	TotalDistributionRatio
Average Distribution Ratio	0.593895	AverageDistributionRatio
Net Noncharitable Assets	19611	NetNoncharitableAssets
Adjusted Noncharitable Assets	11647	AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One	11647	AdjNonchrtblAssetsAndOnePct
Qualifying Distributions	0	QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

Field	Value	IRS element (for citing)
Investment Income Excise Tax	1	InvestmentIncomeExciseTax
Subtotal	1	Subtotal
Tax Based On Investment Income	1	TaxBasedOnInvestmentIncome
Tax Due	1	TaxDue
Amount Credited To Next Year	0	AmountCreditedToNextYear

Statements Regarding Activities StatementsRegardingActivities

Field	Value	IRS element (for citing)
Legislative Political Activities	false	LegislativePoliticalActivities
More Than100 Spent	false	MoreThan100Spent
Form1120 POL Filed	false	Form1120POLFiled
Activities Not Prev Reported	false	ActivitiesNotPrevReported
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylaws
Unrelated Bus Income Over1000	false	UnrelatedBusIncomeOver1000
Termination Etc	false	TerminationEtc
Requirements Of Sect508e	true	RequirementsOfSect508e
At Least5000 In Assets	true	AtLeast5000InAssets
States Filed With	MI	StatesFiledWith
Form990 PF Filed With AG	true	Form990PFFiledWithAG
Private Operating Foundation	false	PrivateOperatingFoundation
New Substantial Contributors	false	NewSubstantialContributors
Interest In Controlled Entity	false	InterestInControlledEntity
Applicable Insurance Contract	false	ApplicableInsuranceContract
Website Address	NONE	WebsiteAddress
Books In Care Of Person Name	AHMAND HANNAN	BooksInCareOfPersonName
Books In Care Of Phone Number	8106947429	BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

Field	Value	IRS element (for citing)
Address Line1	8383 WARWICK GROVES	AddressLine1
City	GRAND BALNC	City
State	MI	State
ZIP Code	48439	ZIPCode

Statements Regarding Acty4720 StatementsRegardingActy4720

Field	Value	IRS element (for citing)
Sale Or Exchange With Dsqfly Person	false	SaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly Person	false	BorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly Person	false	FurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly Person	false	PayCompensationToDsqflyPerson
Transfer Assets To Dsqfly Person	false	TransferAssetsToDsqflyPerson
Payment To Government Offical	false	PaymentToGovernmentOffical
Undistributed Income Prior Years	false	UndistributedIncomePriorYears
Business Holdings	false	BusinessHoldings
Jeopardy Investments	false	JeopardyInvestments
Uncorrected Jeopardy Investments	false	UncorrectedJeopardyInvestments
Influence Legislation	false	InfluenceLegislation
Influence Election	false	InfluenceElection
Grants To Individuals	false	GrantsToIndividuals
Grants To Organizations	false	GrantsToOrganizations
Noncharitable Purpose	false	NoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft Contract	false	RcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft Contract	false	PayPremiumsPrsnlBnftContract

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1	CityUSAddress/City	StateUSAddress/State	ZIP CodeUSAddress/ZIPCode	TitleTitle	Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition	CompensationCompensation	Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc	Expense Account Other AllowancesExpenseAccountOtherAllowances
AHMAND HANNAN
8383 WARWICK GROVES	GRAND BLANC	MI	48439	PRESIDENT/TR	1.00	0	0	0
SAMIR RIFAI
8383 WARWICK GROVES	GRAND BLANC	MI	48439	VP / SEC.	1.00	0	0	0

Field	Value	IRS element (for citing)
Comp Of Highest Paid Empl NONE	NONE	CompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONE	NONE	CompOfHghstPaidCntrctNONE

Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy

Field	Value	IRS element (for citing)
Description1	THE FOUNDATION DID NOT HAVE ANY CHARITABLE ACTIVITIES EXCEPT IN THE EVALUATION OF GRANTS MADE TO CHARITABLE ORGANIZATIONS AS SET FORTH IN SEC. XV.	Description1

Sum Of Program Related Investments SumOfProgramRelatedInvestments

Field	Value	IRS element (for citing)
Description1	N/A	Description1

Minimum Investment Return MinimumInvestmentReturn

Field	Value	IRS element (for citing)
Avg Monthly FMV Of Securities	0	AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances	19910	AvgMonthlyCashBalances
FMV All Other Noncharitable Assets	0	FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets	19910	TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets	19910	AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable	299	CashDeemedCharitable
Net Noncharitable Assets	19611	NetNoncharitableAssets
Minimum Investment Return	981	MinimumInvestmentReturn

Distributable DistributableAmount

Field	Value	IRS element (for citing)
Minimum Investment Return	981	MinimumInvestmentReturn
Tax Based On Investment Income	1	TaxBasedOnInvestmentIncome
Total Tax	1	TotalTax
Distributable Amount Before Adj	980	DistributableAmountBeforeAdj
Distributable Amount Before Ded	980	DistributableAmountBeforeDed
Distributable Amount As Adjusted	980	DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

Field	Value	IRS element (for citing)
Expenses And Contributions	0	ExpensesAndContributions
Qualifying Distributions	0	QualifyingDistributions

Undistributed Income UndistributedIncome

Field	Value	IRS element (for citing)
Distributable Amount As Adjusted	980	DistributableAmountAsAdjusted
Excess Distri Carryover Year1	22899	ExcessDistriCarryoverYear1
Total Excess Distri Carryover	22899	TotalExcessDistriCarryover
Excess Distri Cyov App CY Corpus	980	ExcessDistriCyovAppCYCorpus
Excess Distri Cyov Applied CY	980	ExcessDistriCyovAppliedCY
Total Corpus	21919	TotalCorpus
Undistributed Income CY	0	UndistributedIncomeCY
Excess Distri Cyov To Next Year	21919	ExcessDistriCyovToNextYear
Excess From Year1	21919	ExcessFromYear1

Supplementary Information SupplementaryInformation

Appication Submission Info AppicationSubmissionInfo

Field	Value	IRS element (for citing)
Recipient Name	ADHMAD HANNAN	RecipientName

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	8383 WARWICK GROVE CT	AddressLine1
City	GRAND BLANC	City
State	MI	State
ZIP Code	48439	ZIPCode

Field	Value	IRS element (for citing)
Recipient Phone Number	8106947429	RecipientPhoneNumber
Form And Info And Materials	LETTER FORM - NO FORMAL APPLICATION	FormAndInfoAndMaterials
Submission Deadlines	NONE	SubmissionDeadlines
Restrictions On Awards	NONE	RestrictionsOnAwards

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

Field	Value	IRS element (for citing)
Exclusion Code	14	ExclusionCode
Exclusion	$39	ExclusionAmount

Subtotals Part XVIA SubtotalsPartXVIA

Field	Value	IRS element (for citing)
Exclusion	$39	ExclusionAmount

Field	Value	IRS element (for citing)
Total Part XVIA	39	TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Noncharitable EO	false	TrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EO	false	TrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssets
Purchase Assets Noncharitable EO	false	PurchaseAssetsNoncharitableEO
Rental Of Facilities Etc	false	RentalOfFacilitiesEtc
Reimbursement Arrangements	false	ReimbursementArrangements
Loans Or Loan Guarantees	false	LoansOrLoanGuarantees
Performance Of Services Etc	false	PerformanceOfServicesEtc
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtc
Relationships Noncharitable E Os	false	RelationshipsNoncharitableEOs

Compensation Explanation CompensationExplanation

Compensation Compensation (2 entries)

AHMAND HANNAN
SAMIR RIFAI

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