The Hand Foundation Incorporated

Tax-deductible

West Palm Bch, FL501(c)(3)EIN 65-0118848Revenue $170.3M in FY2024

On file with the IRShandfoundationinc.org9100 Belvedere Rd Ste 210, 33411-3609 · West Palm Bch, FLTax-exempt since Sep 1989Private non-operating foundation

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501(c)(3) charity; gifts are tax-deductible.
$228K paid to officers and key staff.
Status: IRS Pub. 78 · Pay: Part VII

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $33.4M a year · 98% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
990-PF Pt I · 5 filings
Pay to officers and key staff
$228K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
990-PF Pt VIII
Cash reserves
24 mo
of spending, in cash
Looks good: 24.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$13K
<0.01% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$170.3M
×680 vs prior year
Spent
$3.3M
Net assets
$167.0M
By yearFY2020–FY2024
Revenue
$170.3M
FY2024▲ ×680
Tap a bar for its year
Revenue by fiscal year
FY2020$195K
FY2021$205K
FY2022$136K
FY2023$250K
FY2024$170.3M
Expenses
$3.3M
FY2024▲ ×18
Tap a bar for its year
Expenses by fiscal year
FY2020$194K
FY2021$193K
FY2022$147K
FY2023$184K
FY2024$3.3M
Net assets
$167.0M
FY2024▲ ×2551
Tap a bar for its year
Net assets by fiscal year
FY2020$2K
FY2021$30K
FY2022$38K
FY2023$65K
FY2024$167.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 74% · $2.5M Operating & administrative 26% · $876K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990-PF; $228K paid to officers and key staff.

Part VII, Section A · reportable compensation
Secretary/Treasurer
$119,187Pt VII · Sec A
Vice President
$21,687Pt VII · Sec A
$21,687Pt VII · Sec A
$21,687Pt VII · Sec A
$21,687Pt VII · Sec A
$21,687Pt VII · Sec A
See The Hand Foundation Incorporated executive salaries →

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Programs and updates

A private foundation based in West Palm Bch, FL.

Questions for The Hand Foundation Incorporated

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 131 grants · $2.5M · 2024–2024
Community Methodist ChurchWI · FY2024$170,000
Stetson University INCFL · FY2024$150,000
Glades Day School INCFL · FY2024$150,000
Cross Training MinistriesFY2024$100,000
Henderson County Rescue SquadNC · FY2024$100,000
Glades Day School INCFL · FY2024$100,000
Frontline Healing FoundationTX · FY2024$50,000
Connie and Ricky Sparks Scholarship FoundationFY2024$50,000
Quantum House INCFL · FY2024$40,000
Cros MinistriesFY2024$35,000
Dunklin Memorial Church INCFL · FY2024$35,000
Florida Fruit & Vegetable AssociationFY2024$25,000
Light House Cafe Ministries of the Glades INCFY2024$25,000
Florida Agriculture in the ClassroomFY2024$25,000
Boys & Girls Club of Henderson CountyFY2024$25,000
See all 131 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV21
Average grantPart XV$19K
Median grantPart XV$2K
Largest grantPart XV$700K
Top cause focusNTEEColleges & Universities (5%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$170.3M
Gifts and grants$163.5M
Other income$3.9M
Investment income$3.0M
Money out
$3.3M
Grants paid$2.5M
Running costs$876K
Owns and owes
$167.0M
net assets
Cash and savings$6.7M
Total assets$167.0M
Liabilities$13K
People
6
listed
Paid6
2In more detail
Revenue in detail
Gifts and grants$163.5M
Investment income$3.0M
Other income$3.9M
Total revenue$170.3M
Assets in detailEnd of year
Cash and savings together$6.7M
Total assets$167.0M
Liabilities$13K
Net assets$167.0M
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $170.3M$3.3M$167.0M$167.0M 990 PDF
FY2023 $250K$184K$66K$65K 990 PDF
FY2022 $136K$147K−$11K$38K 990 PDF
FY2021 $205K$193K$12K$30K 990 PDF
FY2020 $195K$194K$2K$2K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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