The Hand Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it awarded 22 grants totaling $45K. Net investment income was $55K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$790K
+1.2% YoY
Annual Giving
$45K
+19.0% YoY
Grant Count
22
-8.3% YoY
Avg Grant Size
$2K
+29.8% YoY
Under IRS private-foundation payout rules, The Hand Foundation Inc reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hand Foundation Inc
Based on IRS filings
The Hand Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it awarded 22 grants totaling $45K. Net investment income was $55K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $789,887 | $780,162 | $751,015 |
| Revenue | $77,042 | $85,498 | $17,287 |
| Expenses | $67,317 | $56,351 | $78,143 |
| Qualifying Distributions | $45,000 | $37,826 | $50,515 |
| Net Investment Income | $54,725 | $66,973 | — |
| Distributable Amount | $41,019 | $39,704 | $44,879 |
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 2024
Grant Size Distribution
127 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Anne's School of Annapolis ($10,000), Creative Discovery Museum ($5,000), Chattanooga Track Club ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS CHATTANOOGA, TN | UNRESTRICTED GRANT | $1,000 |
| ANNAPOLIS MARITIME MUSEUM ANNAPOLIS, MD | UNRESTRICTED GRANT | $2,500 |
| BACK CREEK BENEFITS INC ANNAPOLIS, MD | UNRESTRICTED GRANT | $3,000 |
| CHATTANOOGA FOOD BANK CHATTANOOGA, TN | UNRESTRICTED GRANT | $1,000 |
| CHATTANOOGA GIRLS LEADERSHIP ACADEMY CHATTANOOGA, TN | UNRESTRICTED GRANT | $1,000 |
| CHATTANOOGA ROTARY CLUB CHATTANOOGA, TN | UNRESTRICTED GRANT | $1,750 |
| CHATTANOOGA TRACK CLUB CHATTANOOGA, TN | UNRESTRICTED GRANT | $4,000 |
| CHURCH OF THE GOOD SHEPHERD LOOKOUT MOUNTAIN, TN | UNRESTRICTED GRANT | $3,800 |
| CHATTANOOGA STATE FOUNDATION CHATTANOOGA, TN | UNRESTRICTED GRANT | $100 |
| GIRLS PREPARATORY SCHOOL CHATTANOOGA, TN | UNRESTRICTED GRANT | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURA B DOLEY | DIRECTOR | — | — |
| WILLIAM E BROCK IV | DIRECTOR | — | — |
| OSCAR H BROCK | DIRECTOR | 5 | $12,000 |
| JOHN KRUESI BROCK | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hand Foundation Inc?
The Hand Foundation Inc is a private foundation focused on Education, based in CHATTANOOGA, TN. It holds $790K in total assets as of 2024.
How large is The Hand Foundation Inc?
As of 2024, The Hand Foundation Inc holds $790K in total assets with $77K in annual revenue. It awarded 22 grants totaling $45K in 2024.
Where does The Hand Foundation Inc operate?
The Hand Foundation Inc has awarded grants in California, District of Columbia, Florida, Illinois, Massachusetts, Maryland, Tennessee, Texas, Virginia.
What size grants does The Hand Foundation Inc award?
In 2024, The Hand Foundation Inc awarded 22 grants totaling $45K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The Hand Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hand Foundation Inc reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hand Foundation Inc's EIN?
The Hand Foundation Inc's EIN (Employer Identification Number) is 23-7442979. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hand Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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