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Hand Foundation EIN 56-2403164 Form 990 (PDF) Claim this org

Hand Foundation FY2021 filing

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A private foundation based in Wilmington, DE. It reported about $2.7M in revenue for 2020. For fiscal year 2021 it reported $2.7M in revenue, $824K in expenses, and $11.2M in net assets.Pt I

Type
Private foundation / grantmaker · Foundations & Grantmakers
Location
Wilmington, DE
Website
thehandfoundation.org
Filings
6 on file (2020–2021)
Revenue
$2.7MFY2021
Expenses
$824K
Net assets
$11.2M
People
0
Filings
6
Updates
0
More identity details & actions ⌄
EIN  56-2403164 Private foundation / grantmaker Wilmington, DE
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →
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Size
$1–10M
What they do
A private foundation based in Wilmington, DE. It reported about $2.7M in revenue for 2020.
Money in and out
$2.7M revenue, $824K expenses
Bottom line
—
Grants paid & assets · FY2021
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$824K
Pt IX · Ln 25
Net assets
$11.2M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $1.9M
Total assets
11.2M
deployed as grants and operations
Grants paid
768K
in FY2021
Grants made
25grants
total in period
Payout rate
7%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 25 grants · $1.0M · 2024–2024
The Board of Trustees of the Leland Stanford JunioFY2024$370,962
Moms Against PovertyCA · FY2024$200,000
Globsec US FoundationDC · FY2024$60,000
Media Matters for AmericaDC · FY2024$50,000
World Central Kitchen IncorporatedDC · FY2024$25,000
Trustees of Tufts CollegeMA · FY2024$25,000
The Barack Obama FoundationIL · FY2024$25,000
Stanford UniversityFY2024$25,000
Stanford UniversityFY2024$25,000
Mathematical Sciences Research InstituteFY2024$25,000
Los Angeles Regional Food BankCA · FY2024$25,000
Los Angeles Fire Department FoundationCA · FY2024$25,000
Council on Foreign Relations INCNY · FY2024$25,000
Baby2babyCA · FY2024$25,000
Stanford UniversityFY2024$15,000
Menlo SchoolCA · FY2024$13,248
Khan Academy INCCA · FY2024$10,000
American Civil Liberties Union Foundation INCFY2024$10,000
See all 25 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV14
Average grantPart XV$40K
Median grantPart XV$25K
Largest grantPart XV$371K
Top cause focusNTEEEducation (12%)

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$2.7M
FY2021▲ ×25
Expenses
$824K
FY2021▲ +15%
Total assets
$11.2M
FY2021▲ +21%
Total liabilities
$0
FY2021▼ -100%
Total revenue
$2.7M
Pt VIII · Ln 12
Total expenses
$824K
Pt IX · Ln 25
Net assets
$11.2M
Pt X · Ln 32
Total assetsPt II$11.2M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CHand Foundation
EINHdr · item D56-2403164
Principal addressHdr · item CWilmington, DE
WebsiteHdr · item Jthehandfoundation.org
State of legal domicileHdr · item MDE
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFDec 2003

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See Hand Foundation executive salaries →

Statement of Revenue

Part VIII
Investment income$2.7M · 99%
Other revenue$16K · 1%
Investment income99%$2.7M
Other revenue1%$16K
Total revenueLn 12$2.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.93 Operating & administrative $0.07
Grants & contributions paid93%$768K
Operating & administrative7%$56K
Total functional expensesLn 25$824K

Balance Sheet

Part X · end of year
CashLn 1$5.0M
Total assetsLn 16$11.2M
Total liabilitiesLn 26$0
Total net assetsLn 32$11.2M
Months of cash on handcomputed72.2

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $11.2M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $2.7M
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $2.7M
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $2.7M · Prior year $111K
×25
Net-asset trend (YoY)
End of year $11.2M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $2.7M · Expenses $824K
+70%
Liabilities-to-Assets
Total liabilities — · Total assets $11.2M
—
Net-asset ratio
Net assets $11.2M · Total assets $11.2M
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $824K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth ×25——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$343K revenue · ⤓ 990 PDF
FY2024$253K revenue · ⤓ 990 PDF
FY2023$179K revenue · ⤓ 990 PDF
FY2022$99K revenue · ⤓ 990 PDF
FY2021$2.7M revenue · viewing · ⤓ 990 PDF
FY2020$111K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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