Sally Mead Hands Foundation
- Assets
- $29.5m
- Revenue
- $1.3m
- Investments
- $29.0m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 05/2009
- Data as of
- 12/2023
- EIN
- 32-0263007
Organization Overview
Sally Mead Hands Foundation is located in Madison, WI. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sally Mead Hands Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sally Mead Hands Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Sally Mead Hands Foundation has awarded 206 individual grants totaling $8,037,220. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Collier M Hands Director | 1 | $0 | |
Helen M Hands Treasurer | 1 | $0 | |
John L Hands Jr President | 1 | $0 | |
Louise H Murphy Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $565,215 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $773,450 |
| Capital Gain Net Income | $773,450 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,743 |
| Total Revenue | $1,342,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $88,908 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,177 |
| Printing and publications | $0 |
| Other expenses | $426,737 |
| Total operating and administrative expenses | $580,002 |
| Contributions, gifts, grants paid | $1,999,500 |
| Total expenses and disbursements | $2,579,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $508,323 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $19,640,629 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $29,531,811 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Sally Mead Hands Foundation has awarded $1,999,500 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
1000 FRIENDS OF WISCONSIN PURPOSE: OPERATING FUNDS | $55,000 |
ATLANTIC CENTER FOR THE ARTS PURPOSE: OPERATING FUNDS | $1,000 |
BREAKTHROUGH PURPOSE: OPERATING FUNDS | $5,000 |
CENTER FOR NEIGHBORHOOD TECHNOLOGY PURPOSE: OPERATING FUNDS | $70,000 |
CHICAGO HISTORY MUSEUM PURPOSE: OPERATING FUNDS | $1,000 |
CITIZENS CLIMATE EDUCATION CORP PURPOSE: OPERATING FUNDS | $212,000 |