Irma and Morton Handel Foundation Inc

BOCA RATON, FL EIN: 06-1186060

Irma and Morton Handel Foundation Inc is a private foundation, based in BOCA RATON, FL. IRS filing data is available from 2020 through 2022. In 2022, it awarded 11 grants totaling $89K. Net investment income was $5K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$89K

+462.3% YoY

Grant Count

+37.5% YoY

Avg Grant Size

$8K

+308.9% YoY

Under IRS private-foundation payout rules, Irma and Morton Handel Foundation Inc reported a distributable amount of $5K for 2022 — the minimum it must pay out in qualifying distributions.

About Irma and Morton Handel Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $107K (88%)

Connecticut $8K (6%)

Indiana $4K (3%)

Ohio $3K (2%)

New York $500 (0%)

States

Connecticut Florida Indiana New York Ohio

Cities

Boca RatonBoynton BeachDelray BeachGate MillGate MillsIndianapolisPalm Beach GardensQueensWest HartfordWest Palm Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	—	$110,942	$122,115
Revenue	$-21,036	$6,177	$5,910
Expenses	$89,906	$17,350	$18,032
Qualifying Distributions	$89,231	—	—
Net Investment Income	$5,260	$6,177	$5,910
Distributable Amount	$5,299	$6,818	$6,563

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

Grant Size Distribution

28 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Boca Raton Regional Hospital ($72,500), Jarc ($2,500), University of Pennsylvania ($2,056).

Recipient	Purpose	Amount
BOCA RATON REGIONAL HOSPITAL BOCA RATON, FL	SUPPORT MEDICAL RESEARCH	$72,500
UNIVERSITY OF PENNSYLVANIA BOCA RATON, FL	SUPPORT EDUCATION	$2,056
JARC BOCA RATON, FL	SUPPORT NEEDY	$2,500
PLANNED PARENTHOOD BOCA RATON, FL	SUPPORT EDUCATION	$2,000
PAP CORPS BOCA RATON, FL	SUPPORT MEDICAL RESEARCH	$1,000
CATSKILL RESERVE FOUNDATION BOCA RATON, FL	SUPPORT EDUCATION	$2,000
HAS INC BOCA RATON, FL	SUPPORT EDUCATION	$500
ALPHA EPSILON PI FOUNDATION INDIANAPOLIS, IN	SUPPORT EDUCATION	$1,500
HS RUGBY FOUNDATION BOCA RATON, FL	SUPPORT EDUCATION	$2,000
ALZHEIMERS FOUNDATION BOCA RATON, FL	SUPPORT MEDICAL RESEARCH	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
MORTON HANDEL	PRESIDENT	—	—

Frequently Asked Questions

Where does Irma and Morton Handel Foundation Inc operate?

Irma and Morton Handel Foundation Inc has awarded grants in Connecticut, Florida, Indiana, New York, Ohio.

What size grants does Irma and Morton Handel Foundation Inc award?

In 2022, Irma and Morton Handel Foundation Inc awarded 11 grants totaling $89K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Irma and Morton Handel Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Irma and Morton Handel Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Irma and Morton Handel Foundation Inc's EIN?

Irma and Morton Handel Foundation Inc's EIN (Employer Identification Number) is 06-1186060. IRS Form 990 filing data is available on this page for 2020–2022.