Morgan & Mary G Hand Scholarship Fund 1513601674

Red Bank, NJ
Tax-exempt since Feb. 2000
EIN: 23-7873029

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$76.2k (2024)

Expenses

$28.3k (2024)

Total Assets

$366k (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$76,239

Expenses

$28,262

Net Income

$47,977

Net Assets

$365,853

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,947	18.3%
Sales of Assets	$62,292	81.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$22,291	78.9%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$365,853
Total Liabilities	$0
Net Assets	$365,853

Compensation

Key Employees and Officers	Compensation	Other
Oceanfirst Bank Na (Co Trustee)	$0	$0
Douglas K Walker Esquire (Co Trustee)	$0	$0

990-PF

Filed on May 13, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$14,365

Expenses

$37,629

Net Income

-$23,264

Net Assets

$317,950

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,365	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$31,527	83.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$317,950
Total Liabilities	$0
Net Assets	$317,950

Compensation

Key Employees and Officers	Compensation	Other
Oceanfirst Bank Na (Co Trustee)	$0	$0
Douglas K Walker Esquire (Co Trustee)	$0	$0

990-PF

Filed on May 2, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$12,987

Expenses

$43,617

Net Income

-$30,630

Net Assets

$341,273

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$12,992	> 100%
Sales of Assets	-$5
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$35,420	81.2%
Compensation of Officers*	$7,007	16.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$341,273
Total Liabilities	$0
Net Assets	$341,273

Compensation

Key Employees and Officers	Compensation	Other
Douglas K Walker Esquire (Co Trustee)	$4,645	$0
Oceanfirst Bank Na (Co Trustee)	$2,362	$0

990-PF

Filed on Nov. 1, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$43,989

Expenses

$32,291

Net Income

$11,698

Net Assets

$371,904

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$9,932	22.6%
Sales of Assets	$34,056	77.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$11,418	35.4%
Compensation of Officers*	$6,769	21.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$371,904
Total Liabilities	$0
Net Assets	$371,904

Compensation

Key Employees and Officers	Compensation	Other
Oceanfirst Bank Na (Co Trustee)	$6,135	$0
Douglas K Walker Esquire (Co Trustee)	$3,562	$0
Wells Fargo Bank Na (Trustee Termination)	$1,260	$0

990-PF

Filed on Aug. 25, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$9,817

Expenses

$20,753

Net Income

-$10,936

Net Assets

$360,206

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$65	0.7%
Dividends	$12,698	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$13,293	64.1%
Compensation of Officers*	$4,153	20.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$360,207
Total Liabilities	$1
Net Assets	$360,206

Compensation

Key Employees and Officers	Compensation	Other
Wells Fargo Bank Na (Co Trustee)	$4,153	$0

990-PF

Filed on July 29, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$24,483

Expenses

$29,911

Net Income

-$5,428

Net Assets

$371,294

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,229	58.1%
Sales of Assets	$9,937	40.6%
Other Income	$317	1.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,022	77.0%
Compensation of Officers*	$9,454	31.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$371,295
Total Liabilities	$1
Net Assets	$371,294

Compensation

Key Employees and Officers	Compensation	Other
Wells Fargo Bank N A (Co Trustee)	$4,912	$0
William J Hughes (Co Trustee)	$4,542	$0

990-PF

Filed on July 7, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$26,794

Expenses

$29,275

Net Income

-$2,481

Net Assets

$376,472

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,331	53.5%
Sales of Assets	$12,073	45.1%
Other Income	$390	1.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$23,242	79.4%
Compensation of Officers*	$9,272	31.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$376,472
Total Liabilities	$0
Net Assets	$376,472

Compensation

Key Employees and Officers	Compensation	Other
William J Hughes (Co Trustee)	$4,696	$0
Wells Fargo Bank (Co Trustee)	$4,576	$0

990-PF

Filed on May 7, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$14,303

Expenses

$38,662

Net Income

-$24,359

Net Assets

$379,788

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,920	97.3%
Sales of Assets	$383	2.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$32,204	83.3%
Compensation of Officers*	$9,122	23.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$379,788
Total Liabilities	$0
Net Assets	$379,788

Compensation

Key Employees and Officers	Compensation	Other
Wells Fargo Bank (Co Trustee)	$4,561	$0
William J Hughes (Co Trustee)	$4,561	$0

990-PF

Filed on May 7, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2016

Revenue

$22,432

Expenses

$39,898

Net Income

-$17,466

Net Assets

$404,317

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$14,132	63.0%
Sales of Assets	$8,300	37.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$34,124	85.5%
Compensation of Officers*	$8,759	22.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$404,317
Total Liabilities	$0
Net Assets	$404,317

Compensation

Key Employees and Officers	Compensation	Other
Wells Fargo Bank (Co Trustee)	$4,380	$0
William J Hughes (Co Trustee)	$4,379	$0

990-PF

Filed on May 9, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$23,884

Expenses

$46,918

Net Income

-$23,034

Net Assets

$422,485

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$13,638	57.1%
Sales of Assets	$9,081	38.0%
Other Income	$1,165	4.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$40,621	86.6%
Compensation of Officers*	$9,473	20.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$422,485
Total Liabilities	$0
Net Assets	$422,485

Compensation

Key Employees and Officers	Compensation	Other
Wells Fargo Bank (Co Trustee)	$4,737	$0
William J Hughes (Co Trustee)	$4,736	$0

990-PF

Filed on May 12, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$27,733

Expenses

$52,125

Net Income

-$24,392

Net Assets

$444,888

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$15,753	56.8%
Sales of Assets	$11,408	41.1%
Other Income	$578	2.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$48,172	92.4%
Compensation of Officers*	$10,176	19.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$444,888
Total Liabilities	$0
Net Assets	$444,888

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$25,436

Expenses

$48,748

Net Income

-$23,312

Net Assets

$469,989

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$15,427	60.7%
Sales of Assets	$9,495	37.3%
Other Income	$514	2.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$45,877	94.1%
Compensation of Officers*	$9,305	19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$469,989
Total Liabilities	$0
Net Assets	$469,989

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$29,987

Expenses

$42,110

Net Income

-$12,123

Net Assets

$493,096

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$16,930	56.5%
Sales of Assets	$12,874	42.9%
Other Income	$183	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$36,789	87.4%
Compensation of Officers*	$9,440	22.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$493,096
Total Liabilities	$0
Net Assets	$493,096

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$29,724

Expenses

$45,365

Net Income

-$15,641

Net Assets

$505,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$20,636	69.4%
Sales of Assets	$9,088	30.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$41,334	91.1%
Compensation of Officers*	$10,120	22.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$505,390
Total Liabilities	$0
Net Assets	$505,390

990-PF

Primary tax return for a private foundation's activities, finances, and governance

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated June 30, 2025

Morgan & Mary G Hand Scholarship Fund 1513601674

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $76.2k (2024)

Expenses $28.3k (2024)

Total Assets $366k (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$76.2k (2024)

Expenses

$28.3k (2024)

Total Assets

$366k (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001