Margaret I Handy Foundation

PITTSBURGH, PA EIN: 51-6010467

Margaret I Handy Foundation is a private foundation, based in PITTSBURGH, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $207K in total assets. In 2024, it awarded 1 grants totaling $35K. Net investment income was $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$207K

-11.0% YoY

Annual Giving

$35K

+155.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$35K

+155.2% YoY

Under IRS private-foundation payout rules, Margaret I Handy Foundation reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Margaret I Handy Foundation

Based on IRS filings

Ready to take the next step with Margaret I Handy Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Delaware $87K (100%)

States

Delaware

Cities

Newark

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$206,873	$232,318	$230,032
Revenue	$13,914	$5,399	$-645
Expenses	$39,279	$17,650	$17,836
Qualifying Distributions	$36,814	$14,002	$13,987
Net Investment Income	$11,441	$2,196	$1,984
Distributable Amount	$12,605	$25,378	$12,111

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Christiana Care Health System ($35,250).

Recipient	Purpose	Amount
CHRISTIANA CARE HEALTH SYSTEM NEWARK, DE	FINANCIAL ASSISTANCE FOR	$35,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PNC BANK NA	TRUSTEE	1	$3,909

Frequently Asked Questions

How large is Margaret I Handy Foundation?

As of 2024, Margaret I Handy Foundation holds $207K in total assets with $14K in annual revenue. It awarded 1 grants totaling $35K in 2024.

Where does Margaret I Handy Foundation operate?

Margaret I Handy Foundation has awarded grants in Delaware.

What size grants does Margaret I Handy Foundation award?

In 2024, Margaret I Handy Foundation awarded 1 grants totaling $35K — an average of about $35K per grant, based on its IRS Form 990 filings.

How much is Margaret I Handy Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Margaret I Handy Foundation reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.