The Invisible Hand Foundation Inc logo

The Invisible Hand Foundation Inc

Private foundation · Grantmaker Bethesda, MD EIN: 47-5512248 Website

The Invisible Hand Foundation Inc is a private foundation based in Bethesda, Maryland. Its 2023 IRS filing is marked as a final return, so the foundation appears to have wound down or stopped grantmaking; however, filing data also reports grants for 2024.

The Invisible Hand Foundation Inc at a glance

In short: The Invisible Hand Foundation Inc gave $144K across 31 grants in 2024 (avg $5K), mostly in Maryland. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$143,591
-16.1% vs 2023
Grants made (2024)
31
-64.0% vs 2023
Average grant
$4,632
+132.9% vs 2023
Median grant
$1,971
Primary geography
Maryland (63% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

How to apply to The Invisible Hand Foundation Inc

How to Apply

The 2023 filing listed John Pierce as the contact for applications and said to include the requested recipient’s name, the reason for the request, and the amount. The filing stated that there were no award restrictions beyond the regional emphasis and mission fit.

Review Cycle
None stated on the 2023 filing.
Deadline
None stated on the 2023 filing.
Contact

Application contact: John Pierce
Mailing address: 2305 Calvert St Nw, Washington, DC 20008
Phone: (202) 567-2050
Website: https://www.theinvisiblehand.online

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Invisible Hand Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Information on File - Available Upon Request: $67K across 18 grantsInformation on File -Available Upon Request$67K · 18 grants

The largest 2024 recipient was Information on File - Available Upon Request ($67K across 18 grants).

Organizations only. It also paid 13 grants to individuals ($76,862), which are not listed by name.

Grant Size Distribution

587 grants across all recorded years

584<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 584 grants of 587 (99%).

Geographic Focus

Where this funder awards grants

In 2024, 63% of grant dollars went to recipients in Maryland, 10% to the District of Columbia, 10% to New York, 6% to California, and 4% to Florida. The 2023 filing said funds were primarily provided to citizens of the Greater Washington, DC–Maryland–Virginia region.

Grant Distribution by State

20states

Share of 2024 grant dollars across all 31 itemized grants.

Cities

WashingtonBethesdaSilver SpringRockvilleAlexandriaNew YorkGaithersburgRedwoodSan DiegoArlingtonChicagoDallasLargoTakoma ParkAnnandaleBaltimoreBelmontBladensburgBowieBrooklyn

How The Invisible Hand Foundation Inc gives

  • Giving fell 55% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K123 grants2019 178 grants2020 51 grants2021 241 grants2022 86 grants2023 31 grants2024

From 2019 to 2024, annual grant giving ranged from $144K (2024) to $392K (2022). In 2024 it made 31 grants totaling $144K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
13 grants to individuals Recipients not named —$76,862
Information on File - Available Upon Request Brooklyn, NYCharitable$13,000
Information on File - Available Upon Request Takoma Park, MDCharitable$10,654
Information on File - Available Upon Request San Diego, CACharitable$8,392
Information on File - Available Upon Request Tampa Bay, FLCharitable$6,389
Information on File - Available Upon Request Washington, DCCharitable$5,976
Information on File - Available Upon Request Washington, DCCharitable$5,050
Information on File - Available Upon Request Evanston, ILCharitable$5,000
Information on File - Available Upon Request Silver Spring, MDCharitable$3,000
Information on File - Available Upon Request Washington, DCCharitable$2,060
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024—$100,530$161,723$143,59131$143,591$2,974
2023$61,054$212,612$281,703$171,04586$171,045$5,426
2022$130,145$630,106$623,141$391,624241$391,624$7,359
2021$123,180$541,465$519,279$315,80751—$4,511
2020$100,994$510,015$489,551$312,544178—$3,564
2019$80,530$408,223$405,710$251,092123—$4,914

Under IRS private-foundation payout rules, The Invisible Hand Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The 2023 filing describes assistance with basic needs as the foundation’s direct charitable activity. It says awards must fit the foundation’s mission and that funds were primarily provided to citizens of the Greater Washington, DC–Maryland–Virginia region.

Grantmaking

In 2024, the foundation reported 31 grants totaling $143,591. Grant amounts ranged from $14 to $52,648, with a median of $1,971. The largest reported grants included $52,648 to a recipient in Bethesda, Maryland; $13,000 to a recipient in Brooklyn, New York; and $10,654 to a recipient in Takoma Park, Maryland. Recipient names were listed as information on file or available upon request, and the stated purpose for these grants was “charitable.”

The 2023 filing said the foundation did not restrict giving to preselected organizations. It described an application as including the requested recipient’s name, the reason for the request, and the amount. Awards were described as having no restrictions, although they were primarily for citizens of the Greater Washington, DC–Maryland–Virginia region and had to fit the foundation’s mission. These are instructions from a filing marked as final, not confirmation of a current application process.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing listed Roxana Pierce as Director/COO and John Pierce as Comptroller.

The Invisible Hand Foundation Inc's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Roxana Pierce

    Director & COO

    On filings since 2019

    10 hrs/week

    No compensation reported

  • John Pierce

    Comptroller

    Secretary & Treasurer → Comptroller, 2022

    On filings since 2019

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Invisible Hand Foundation Inc

How much does The Invisible Hand Foundation Inc give each year?

The Invisible Hand Foundation Inc gave $144K across 31 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $171K across 86 grants.

What is The Invisible Hand Foundation Inc's typical grant size?

The Invisible Hand Foundation Inc's median grant in 2024 was $1,971, and its average grant was $4,632, across 31 grants on its 2024 IRS Form 990-PF.

Where does The Invisible Hand Foundation Inc give grants?

The Invisible Hand Foundation Inc gives mostly in Maryland: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (10%) and New York (10%). The most frequent recipient cities were Washington, DC (4 grants) and Bethesda, MD (2 grants).

Does The Invisible Hand Foundation Inc give general operating support?

Not in 2024: none of the 31 grants with a stated purpose on The Invisible Hand Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (31 grants).

What does The Invisible Hand Foundation Inc fund?

The 2023 filing describes assistance with basic needs as the foundation’s direct charitable activity. It says awards must fit the foundation’s mission and that funds were primarily provided to citizens of the Greater Washington, DC–Maryland–Virginia region. See mission & focus areas ↑

How do I apply for a grant from The Invisible Hand Foundation Inc?

The 2023 filing listed John Pierce as the contact for applications and said to include the requested recipient’s name, the reason for the request, and the amount. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is The Invisible Hand Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Invisible Hand Foundation Inc reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Invisible Hand Foundation Inc's EIN?

The Invisible Hand Foundation Inc's EIN (Employer Identification Number) is 47-5512248. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS August 21, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 15, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS February 15, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS August 16, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 12, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Invisible Hand Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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