Funder DirectoryMarion D and Maxine C Hanks Foundat
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Private foundation (trust)EIN 870503758Est. 2024-05

Marion D and Maxine C Hanks Foundat

Salt Lake City, UT 84109

Accepts unsolicited proposals

Total Assets

$2.1M

FY 2023

Annual Giving

$40K

FY 2023

Grants Made

10

FY 2023

Avg Grant

$4K

FY 2023

Grant Range

$500–$8K

Typical

Deadlines

Open / rolling

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$105K

Total Expenses

$15K

Qualifying Distributions

$40K

Distributable Amount

$65K

Min. Investment Return

$68K

Payout rate 61%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.61%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

10 grants

Grant sizes from minimum $500 through median $4K to maximum $8K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

10 grants

Mohammed Alzouabi
$8K
1 grant
Ouelesebougou Allince
$5K
1 grant
Kovi Gallagher
$5K
1 grant
Help Start Education Foundation
$5K
1 grant
Kaitlyn Curtis
$5K
1 grant
Trevor Manning
$3K
1 grant
Cecilia Mahimana
$3K
1 grant
Adjetey Wilson
$3K
1 grant

Grant Size Distribution

10 grants

<$10K
10
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

1 states

Utah
$40K
100% of total

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Marion D and Maxine C Hanks Foundat — Grants, Financials & Contact | Grantivo