Helping Hands Foundation Inc
- Assets
- $12.9m
- Revenue
- $539.7k
- Investments
- $12.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 81-0636347
Organization Overview
Helping Hands Foundation Inc is located in Pittsburgh, PA. The organization was established in 2004. 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. Helping Hands Foundation Inc 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, Helping Hands Foundation Inc generated $539.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $827.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Helping Hands Foundation Inc has awarded 76 individual grants totaling $6,258,031. 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 |
|---|---|---|---|
K Hammel Director/president | 2 | $0 | |
L Hammel Director/secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $395,056 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $144,659 |
| Capital Gain Net Income | $144,659 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $539,715 |
| 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 | $70 |
| Total operating and administrative expenses | $85,194 |
| Contributions, gifts, grants paid | $742,728 |
| Total expenses and disbursements | $827,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $179,908 |
| 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 | $8,627,971 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,923,999 |
| 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, Helping Hands Foundation Inc has awarded $742,728 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ANGELS OF HOPE PURPOSE: GENERAL SUPPORT | $50,000 |
CHILDRENS HOSPITAL OF PITTSBURGH FOUNDATION PURPOSE: PENNIES FROM HEAVEN FUND | $58,124 |
CROSSROADS FOUNDATION PURPOSE: GENERAL SUPPORT | $103,769 |
GIVE KIDS THE WORLD PURPOSE: GENERAL SUPPORT | $154,394 |
PLACE OF HOPE INC PURPOSE: GENERAL SUPPORT | $139,127 |
JUPITER MEDICAL HOSPITAL PURPOSE: GENERAL SUPPORT | $100,534 |