Cecilia Hand Nelson and Morgan Hand Ii

RED BANK, NJ EIN: 23-7790152

Cecilia Hand Nelson and Morgan Hand Ii is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 40 grants totaling $74K. Net investment income was $247K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+13.8% YoY

Annual Giving

$74K

-2.1% YoY

Grant Count

40

+29.0% YoY

Avg Grant Size

$2K

-24.1% YoY

Under IRS private-foundation payout rules, Cecilia Hand Nelson and Morgan Hand Ii reported a distributable amount of $83K for 2024 — the minimum it must pay out in qualifying distributions.

About Cecilia Hand Nelson and Morgan Hand Ii

Based on IRS filings

Cecilia Hand Nelson and Morgan Hand Ii is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 40 grants totaling $74K. Net investment income was $247K.

Ready to take the next step with Cecilia Hand Nelson and Morgan Hand Ii?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

20states
+12 more states

Cities

AllentownBaltimoreBlacksburgBoca RatonBostonChesnut HillChesterChicagoClemsonCollegevilleColumbiaConwayCoral GablesDavenportDelandEwing TownshipFairfieldFort CollinsFredericksburgGainsville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$68K$136K$205K$273K20202021202220232024
Metric202420232022
Total Assets$1,198,073$1,052,400$1,103,958
Revenue$248,018$48,114$41,655
Expenses$102,344$99,672$121,057
Qualifying Distributions$75,479$78,492$83,977
Net Investment Income$246,540$45,222$38,923
Distributable Amount$83,426$77,799$78,352

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$41K$61K$82K19 grants202028 grants202130 grants202231 grants202340 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNIVERSITY OF TAMPA$8KCLEMSON UNIVERSITY$4KCOLLEGE OF NEW JERSEY$4KROWAN UNIVERSITY$4KUNIVERSITY OF DELAWARE$4KWEST CHESTER UNIVERSITY$4KRIDER UNIVERSITY$3KTEMPLE UNIVERSITY$3KVIRGINIA TECH$3KBOSTON COLLEGE$2K

Grant Size Distribution

148 grants across all recorded years

148<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include University of Tampa ($8,000), Clemson University ($4,000), College of New Jersey ($4,000).

RecipientPurposeAmount
BOSTON COLLEGE CHESNUT HILL, MAEDUCATIONAL PURPOSES$2,000
BOSTON UNIVERSITY BOSTON, MAEDUCATIONAL PURPOSES$1,500
BRIGHAM YOUNG UNIVERSITY PROVO, UTEDUCATIONAL PURPOSES$1,500
CLEMSON UNIVERSITY CLEMSON, SCEDUCATIONAL PURPOSES$4,000
COASTAL CAROLINA UNIVERSITY CONWAY, SCEDUCATIONAL PURPOSES$1,500
COLLEGE OF NEW JERSEY EWING TOWNSHIP, NJEDUCATIONAL PURPOSES$4,000
EMBRY-RIDDLE AERONAUTICAL UNIVERSITY MCGUIRE AFB, NJEDUCATIONAL PURPOSES$1,500
FLORIDA INSTITUTE OF TECHNOLOGY MELBOURNE, FLEDUCATIONAL PURPOSES$500
GEORGETOWN UNIVERSITY WASHINGTON, DCEDUCATIONAL PURPOSES$2,000
LOYOLA UNIVERSITY CHICAGO, ILEDUCATIONAL PURPOSES$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

OCEANFIRST BANK NATRUSTEE$23K

From 2024 filing

NameTitleHoursCompensation
OCEANFIRST BANK NATRUSTEE1$23,275
DOUGLAS K WALKER ESQTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Cecilia Hand Nelson and Morgan Hand Ii?

Cecilia Hand Nelson and Morgan Hand Ii is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. It holds $1.2M in total assets as of 2024.

How large is Cecilia Hand Nelson and Morgan Hand Ii?

As of 2024, Cecilia Hand Nelson and Morgan Hand Ii holds $1.2M in total assets with $248K in annual revenue. It awarded 40 grants totaling $74K in 2024.

Where does Cecilia Hand Nelson and Morgan Hand Ii operate?

Cecilia Hand Nelson and Morgan Hand Ii has awarded grants in Colorado, Connecticut, District of Columbia, Delaware, Florida, Iowa, Illinois, Louisiana, Massachusetts, Maryland, North Carolina, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Tennessee, Utah, Virginia, Wisconsin.

What size grants does Cecilia Hand Nelson and Morgan Hand Ii award?

In 2024, Cecilia Hand Nelson and Morgan Hand Ii awarded 40 grants totaling $74K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Cecilia Hand Nelson and Morgan Hand Ii required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Cecilia Hand Nelson and Morgan Hand Ii reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Cecilia Hand Nelson and Morgan Hand Ii's EIN?

Cecilia Hand Nelson and Morgan Hand Ii's EIN (Employer Identification Number) is 23-7790152. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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