Funder DirectoryMORGAN AND MARY G HAND SCHOLARSHIP
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Private foundation (trust)EIN 237873029Est. 2000-02

MORGAN AND MARY G HAND SCHOLARSHIP

RED BANK, NJ 07701

Accepts unsolicited proposals

Total Assets

$516K

FY 2023

Annual Giving

$26K

FY 2023

Grants Made

11

FY 2023

Avg Grant

$2K

FY 2023

Grant Range

$1K–$4K

Typical

Deadlines

April 1st annually

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$14K

Total Expenses

$38K

Qualifying Distributions

$32K

Distributable Amount

$24K

Min. Investment Return

$25K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

11 grants

Grant sizes from minimum $1K through median $2K to maximum $4K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

5 years

Giving over time from 2018 to 2023. Peak $31K in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

44 grants

ROWAN UNIVERSITY
$10K
4 grants
RUTGERS UNIVERSITY
$9K
4 grants
LOYOLA UNIVERSITY
$8K
3 grants
VIRGINIA TECH
$6K
2 grants
UNIVERSITY OF VERMONT
$4K
2 grants
UNIVERSITY OF SOUTH CAROLINA
$4K
2 grants
UNIVERSITY OF UTAH
$3K
1 grant
UNIVERSITY OF PENNSYLVANIA
$3K
2 grants

Grant Size Distribution

44 grants

<$10K
44
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

19 states

New Jersey
$28K
32% of total
South Carolina
$8K
10% of total
Maryland
$6K
7% of total
Virginia
$6K
7% of total
New York
$4K
5% of total
Vermont
$4K
5% of total
California
$4K
5% of total
Pennsylvania
$4K
4% of total
Utah
$3K
4% of total
Illinois
$3K
3% of total

+9 more states

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MORGAN AND MARY G HAND SCHOLARSHIP — Grants, Financials & Contact | Grantivo