The Handshake Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $27K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$274K
+2.2% YoY
Annual Giving
$20K
+0.0% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$4K
+0.0% YoY
Under IRS private-foundation payout rules, The Handshake Foundation Trust reported a distributable amount of $21K for 2024 — the minimum it must pay out in qualifying distributions.
About The Handshake Foundation Trust
Based on IRS filings
The Handshake Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $274K in total assets. In 2024, it awarded 5 grants totaling $20K. Net investment income was $27K.
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 | $274,164 | $268,264 | $273,536 |
| Revenue | $28,601 | $16,983 | $13,906 |
| Expenses | $22,701 | $22,255 | $20,949 |
| Qualifying Distributions | $20,819 | $20,904 | $18,924 |
| Net Investment Income | $26,965 | $15,586 | $12,421 |
| Distributable Amount | $20,526 | $17,917 | $17,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bregamos Community Theater ($4,000), North East Community Center ($4,000), Reti Center Fbo Brooklyn Bluegreen Jobs for Youth and Environment ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BREGAMOS COMMUNITY THEATER NEW HAVEN, CT | GENERAL | $4,000 |
| NORTH EAST COMMUNITY CENTER MILLERTON, NJ | GENERAL | $4,000 |
| RETI CENTER FBO BROOKLYN BLUEGREEN JOBS FOR YOUTH AND ENVIRONMENT BROOKLYN, NY | BROOKLYN BLUE/GREEN JOBS FOR YOUTH AND ENVIRONMENT | $4,000 |
| JUNTA FOR PROGRESSIVE ACTION FBO TURTLE VILLAGE NEW HAVEN, CT | GENERAL | $4,000 |
| THE EARTH SCHOOL NEW YORK, NY | GENERAL | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES V RIGHTER | TRUSTEE | 1 | — |
| ELIOT RIGHTER RAMOS | TRUSTEE | 1 | — |
| MARK H RIGHTER | TRUSTEE | 1 | — |
| ANNE R RIGHTER | TRUSTEE | 1 | — |
| THOMAS R APPLETON | TRUSTEE | 1 | $612 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Handshake Foundation Trust?
The Handshake Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BOSTON, MA. It holds $274K in total assets as of 2024.
How large is The Handshake Foundation Trust?
As of 2024, The Handshake Foundation Trust holds $274K in total assets with $29K in annual revenue. It awarded 5 grants totaling $20K in 2024.
Where does The Handshake Foundation Trust operate?
The Handshake Foundation Trust has awarded grants in California, Connecticut, New Jersey, New York, Pr.
What size grants does The Handshake Foundation Trust award?
In 2024, The Handshake Foundation Trust awarded 5 grants totaling $20K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Handshake Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Handshake Foundation Trust reported a distributable amount of $21K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Handshake Foundation Trust's EIN?
The Handshake Foundation Trust's EIN (Employer Identification Number) is 04-6931913. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Handshake Foundation Trust'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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