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EIN 75-6020781

Abell-Hanger Foundation

IRS 501(c) type
501(c)(3)
Num. employees
5
City
Midland
State
Texas
Year formed
1955
Most recent tax filings
2023-06-01
NTEE code, primary
T20: Private Foundations
Description
The Abell-Hanger Foundation is a private foundation that grants to 140 organizations operating and administrative. Grantees include Idea Public Schools. Made 302 grants last year. Located in Midland, TX.
Total revenues
$12,645,800
2023
Total expenses
$11,092,084
2023
Total assets
$131,754,851
2023
Num. employees
5
2023

Program areas at Abell-Hanger Foundation

Grants to 326 organizations
Operating and administrative

Grants made by Abell-Hanger Foundation

GranteeGrant descriptionAmount
West Texas Food Bank (WTFB)For Expansion of the Odessa Facility$375,000
Midland College FoundationFor Legacy Scholarships 2.0$260,000
The Nonprofit Management Center of the Permian BasinFor the Odessa Building Renovation$250,000
...and 228 more grants made totalling $7,207,919

Personnel at Abell-Hanger Foundation

NameTitleCompensation
Wade KuehlerChief Financial Officer$230,317
Julia VickeryProgram Manager$150,000
Mark PalmerExecutive Vice President$300,873

Financials for Abell-Hanger Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Investment income and dividends$4,174,738
Net rental income$20,020
Net gain from sale of non-inventory assets$3,190,826
Gross sales of inventory$0
Miscellaneous revenues$5,260,216
Total revenues$12,645,800

Form 990s for Abell-Hanger Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062023-10-19990PFView PDF
2022-062022-10-17990PFView PDF
2021-062021-10-11990PFView PDF
2020-062021-06-11990PFView PDF
2019-062020-01-14990PFView PDF
...and 7 more Form 990s
Data update history
December 3, 2023
Posted financials
Added Form 990PF for fiscal year 2023
December 2, 2023
Updated personnel
Identified 3 new personnel
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 13, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 20, 2022
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
112 Corporate Dr
Midland, TX 79705
Metro area
Midland, TX
County
Midland County, TX
Website URL
abell-hanger.org/ 
Phone
(432) 684-6655
IRS details
EIN
75-6020781
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1955
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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