The Hand Foundation Incorporated is located in West Palm Beach, FL. The organization was established in 1989. According to its NTEE Classification (G51) the organization is classified as: Arthritis, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hand Foundation Incorporated 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 12/2021, Hand Foundation Incorporated generated $205.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $193.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Hand Foundation Incorporated has awarded 133 individual grants totaling $372,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL GRANTS - 64 INDIVIDUALS AND 1 ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Homer J Hand President | 4 | $0 | |
Ruben Ledesma Jr Treasurer And Secretary | 18 | $0 | |
Frances R Hand Vice President | 2 | $0 | |
Paul Orsenigo Vice President | 2 | $0 | |
Patrick T Altman Director | 2 | $0 | |
Wesley A Ledesma Director | 2 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $205,000 |
Interest on Savings | $22 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $205,022 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $224 |
Total operating and administrative expenses | $612 |
Contributions, gifts, grants paid | $192,500 |
Total expenses and disbursements | $193,112 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $500 |
Savings and temporary cash investments | $29,427 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $29,927 |
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 |
Over the last fiscal year, The Hand Foundation Incorporated has awarded $192,500 in support to 65 organizations.
Grant Recipient | Amount |
---|---|
DEBRA J BOWLES PURPOSE: EDUCATIONAL | $10,000 |
JUNIOR ACHIEVEMENT PURPOSE: EDUCATIONAL | $5,000 |
KADIE M HELVEY PURPOSE: EDUCATIONAL | $4,500 |
MAYA BOWENS PURPOSE: EDUCATIOONAL | $4,500 |
LAUREN L NICHOLS PURPOSE: EDUCATIONAL | $4,500 |
OLIVIA B ESQUIVEL PURPOSE: EDUCATIONAL | $4,500 |
Organization Name | Assets | Revenue |
---|---|---|
Miami Cancer Institute At Baptist Health Inc Coral Gables, FL | $26,197,765 | $83,763,407 |
Arthritis Foundation Inc Atlanta, GA | $219,924,122 | $65,224,961 |
Trenton Medical Center Inc High Springs, FL | $64,420,086 | $51,939,000 |
Honorbridge Greenville, NC | $47,931,856 | $45,140,800 |
United Cerebral Palsy Of Central Florida Inc Orlando, FL | $45,706,297 | $41,058,889 |
Nashville C A R E S Inc Nashville, TN | $11,405,752 | $35,952,679 |
Foundcare Inc West Palm Beach, FL | $38,679,397 | $40,823,031 |
American College Of Rheumatology Atlanta, GA | $61,765,067 | $30,544,906 |
American Board Of Pediatrics Inc Chapel Hill, NC | $183,422,981 | $40,597,298 |
Harborpath Inc Charlotte, NC | $2,428,632 | $29,463,428 |
United Cerebral Palsy Of Georgia Inc Atlanta, GA | $17,652,240 | $26,777,886 |
Autism Society Of North Carolina Inc Raleigh, NC | $4,496,611 | $24,000,165 |