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THE HAND FOUNDATION INCORPORATED: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
THE HAND FOUNDATION INCORPORATED (EIN 65-0118848)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-10-28
IRS object ID
202543019349100134
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-10-28T12:46:15-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN651083521PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Holyfield & Thomas LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1125 Butler StreetAddressLine1Txt
CityWest Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33407ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN650118848EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Hand Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHANDBusinessNameControlTxt
Phone5615679245PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line19100 Belvedere Road 210AddressLine1Txt
CityRoyal Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33411ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWesley LedesmaPersonNm
Person TitleExecutive DirectorPersonTitleTxt
Phone5615679245PhoneNum
Signature2025-10-10SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonScott Y Haynes CPAPreparerPersonNm
PTINP01366363PTIN
Phone5616896000PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$167,084,900FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$163,455,256ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$127,968InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$127,968InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$4,065,393DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,418,745DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$3,849,080GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$3,849,080GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$3,830,514NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss-$1,212,338NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$61,242,255GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Sales Less Ret And Allwnc$3,149GrossSalesLessRetAndAllwncAmt
Gross Profit Rev And Expnss$3,149GrossProfitRevAndExpnssAmt
Total Rev And Expnss$170,288,508TotalRevAndExpnssAmt
Total Net Invst Incm$7,395,793TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$327,752CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$65,550CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$262,202CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$109,253OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$21,851OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$87,402OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$46,294PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$9,259PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$37,035PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$29,477LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$14,738LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$14,738LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$102,638AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$51,319AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$51,319AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$46,124TaxesRevAndExpnssAmt
Taxes Net Invst Incm$45,747TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$12,202OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$2,440OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$9,762OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$8,714TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$8,714TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$633PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$127PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$506PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$193,098OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$73,408OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$123,516OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$876,185TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$284,439TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$595,194TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,453,235ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,453,235ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$3,329,420TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$284,439TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$3,048,429TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$166,959,088ExcessRevenueOverExpensesAmt
Net Investment Income$7,111,354NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$500CashBOYAmt
Cash EOY$6,723,859CashEOYAmt
Cash EOYFMV$6,723,859CashEOYFMVAmt
Sav And Temp Cash Invst BOY$22,799SavAndTempCashInvstBOYAmt
Other Nts And Loans Rcvbl$200,200OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$0OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$200,200OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$200,200OtherNtsAndLoansRcvblEOYFMVAmt
Prepaid Expenses BOY$35,654PrepaidExpensesBOYAmt
Prepaid Expenses EOY$12,625PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV$12,625PrepaidExpensesEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$77,505,509LandBldgEquipCostOrOtherBssAmt
Land BOY$6,517LandBOYAmt
Land EOY$77,505,509LandEOYAmt
Land EOYFMV$77,505,509LandEOYFMVAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$82,595,090OtherAssetsEOYAmt
Other Assets EOYFMV$82,642,707OtherAssetsEOYFMVAmt
Total Assets BOY$65,470TotalAssetsBOYAmt
Total Assets EOY$167,037,283TotalAssetsEOYAmt
Total Assets EOYFMV$167,084,900TotalAssetsEOYFMVAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$12,725OtherLiabilitiesEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,725TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$500CapitalStockBOYAmt
Capital Stock EOY$500CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$64,970RetainedEarningBOYAmt
Retained Earning EOY$167,024,058RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$65,470TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$167,024,558TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$65,470TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$167,037,283TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$65,470TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$166,959,088ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$167,024,558SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$167,024,558TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDescAcquiredAcquiredDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
Publicly Traded Securities - Morgan Stanley 0573152024-01-06$55,442,176$57,281,596-$1,839,420-$1,839,420
Publicly Traded Securities - Morgan Stanley 0575882024-01-06$4,691,420$4,243,374$448,046$448,046
Publicly Traded Securities - Morgan Stanley 0575882024-01-06$456,972$403,296$53,676$53,676
Brookfield Infra Ptnr LP2024-01-06$223,962$198,012$25,950$25,950
Brookfield Renew Partners LP2024-01-06$112,197$107,849$4,348$4,348
Energy Transfer LP2024-01-06$250,554$198,233$52,321$52,321
Publicly Traded Securities - Morgan Stanley 057588 - Option Contracts2024-01-06-$22,233-$22,233
Capital Gains Dividends$64,974$64,974$64,974P
FieldValueIRS element (for citing)
Capital Gain Net Income-$1,212,338CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$98,848InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$98,848SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$98,848TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$160,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$160,000TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$61,152OverpaymentAmt
Applied To ES Tax$61,152AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateFLOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website Addresshandfoundationinc.orgWebsiteAddressTxt
Individual With BooksWesley LedesmaIndividualWithBooksNm
Phone5615679245PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line19100 Belvedere Rd Suite 210AddressLine1Txt
CityRoyal Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33411ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Ruben Ledesma Jr
9100 Belvedere Road Suite 210Royal Palm BeachFL33411Secretary/Treasurer15.00$119,187$0$0
Paul Orsenigo
9100 Belvedere Road Suite 210Royal Palm BeachFL33411Vice President2.00$21,687$0$0
Patrick T Altman
9100 Belvedere Road Suite 210Royal Palm BeachTN33411Director2.00$21,687$0$0
P Derek Orsenigo
9100 Belvedere Road Suite 210Royal Palm BeachFL33411Director2.00$21,687$0$0
Wesley A Ledesma
9100 Belvedere Road Suite 210Royal Palm BeachFL33411Director2.00$21,687$0$0
Thomas L Altman
9100 Belvedere Road Suite 210Royal Palm BeachFL33411Director2.00$21,687$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

FieldValueIRS element (for citing)
Description1Educational Grants: to address the educational needs of the community, the organization has awarded college scholarships to 77 eligible students. Additional support and resources are available to the scholar to ensure their success.Description1Txt
Expenses1$0Expenses1Amt
Description2Organizational Grants: 39 Nonprofit entities have received financial assistance to fund additional scholarship programs, university research, community outreach, disaster relief, and nonprofit programming and capital projects.Description2Txt
Expenses2$0Expenses2Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$86,039,164AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$43,498AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$58,589,235FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$144,671,897TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$144,671,897AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,170,078CashDeemedCharitableAmt
Net Vl Noncharitable Assets$142,501,819NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,125,091MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,125,091MinimumInvestmentReturnAmt
Tax Based On Investment Income$98,848TaxBasedOnInvestmentIncomeAmt
Total Tax$98,848TotalTaxAmt
Distributable Before Adj$7,026,243DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$7,026,243DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$7,026,243DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$3,048,429ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$359,394CharitableAssetsAcquisPaidAmt
Qualifying Distributions$3,407,823QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,026,243DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$2,356TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$211,479ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$192,138ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$190,897ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$144,609ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$160,000ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$899,123TotalExcessDistributionCyovAmt
Qualifying Distributions$3,407,823QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$2,356AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,405,467AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$899,123ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$899,123ExcessDistributionCyovAppCYAmt
Total Corpus$0TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$2,721,653UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$0ExcessDistriCyovToNextYrAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonWesley LedesmaRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line19100 Belvedere Rd Suite 210AddressLine1Txt
CityRoyal Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33411ZIPCd
FieldValueIRS element (for citing)
Recipient Phone5615679245RecipientPhoneNum
Recipient Email Addresswesley@HandFoundationInc.orgRecipientEmailAddressTxt
Form And Info And MaterialsSpecific letter request - reviewed by selection committeeFormAndInfoAndMaterialsTxt
Submission DeadlinesNone - generally for calendar use.SubmissionDeadlinesTxt
Restrictions On AwardsPrimary criteria - financial need for education, merit, and selection committee criteriaRestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (131 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
Addison Ascheman
1117 Tabit RoadBelle GladeFL33430IEducation grant$2,500
Aidan Lakatos
600 SE Avenue GBelle GladeFL33430IEducation grant$2,500
Allison English
220 Malibu CircleGreenacresFL33413IEducation grant$2,500
Andrea Davino
320 1/2 Sandpiper AveRoyal Palm BeachFL33411IEducation grant$2,500
Anna McCullough
1308 S Spring Lake RoadHolsteadKS67056IEducation grant$2,500
Anne M Ocanas
640 Ranchero RoadBelle GladeFL33430IEducation grant$2,500
Anthony Roman
4800 San Fratello CircleLake Worth BeachFL33466IEducation grant$2,500
Ashley Ramos Sauzo
890 Summit Lake DriveWest Palm BeachFL33406IEducation grant$2,500
Ashlyn Bifolck
13810 Sutton Park Dr NJacksonvilleFL32224IEducation grant$1,500
Ashlyn Bifolk
13810 Sutton Park Drive NJacksonvilleFL32224IEducation grant$2,500
Audrey Ascheman
1117 Tabit RoadBelle GladeFL33430IEducation grant$2,500
Ava Fountain
8 Henrietta PlaceLake PlacidFL33852IEducation grant$2,500
Braydon Reynolds
3342 SW Hosanah LaneOkeechobeeFL33497IEducation grant$2,500
Briana Scarlett
1153 NW Ave PBelle GladeFL33430IEducation grant$1,500
Caleb Corbin
170 Olive Treet CrAltamonte SpringsFL32714IEducation grant$2,500
Calvin Bowens
9541 SW Ligorio WayPort St LucieFL34987IEducation grant$2,500
Cameron J Cavinee Sylvestri
310 St Augustine StLynchburgVA24501IEducation grant$2,500
Carly Bair
P O Box 2625Belle GladeFL33430IEducation grant$2,500
Chelsea Welch
1543 Fiddlewood CtRoyal Palm BeachFL33411IEducation grant$2,500
Chloe M White
361 SE 68th AveOkeechobeeFL34974IEducation grant$2,500
Claire Owens
3038 South Cove DriveVestavia HillsAL45216IEducation grant$2,500
Colby Abercrombie
16141 E Derby DriveLoxahatcheeFL33470IEducation grant$2,500
Cynthia F Mur
333 W Obispo AveClewistonFL33440IEducation grant$2,500
Diana Benitez
121 NW Ave FBelle GladeFL33430IEducation grant$2,500
Drew Robert M Reed IV
11582 Hartsook StreetNorth HollywoodCA91601IEducation grant$2,500
Dylan Wilkins
P O Box 1817Belle GladeFL33430IEducation grant$2,500
Elle Masters
990 N University DriveBoca RatonFL33431IEducation grant$2,500
Eva M Vukusich
1005 SW 8th AvenueGainesvilleFL33601IEducation grant$2,500
Francisco Alcala Jr
932 Linda RoadBelle GladeFL33430IEducation grant$2,500
Greenlee Ruiz
17726 Valencia BlvdLoxahatcheeFL33470IEducation grant$2,500
Hannah Lohmann
672 Cypress Green CtWellingtonFL33414IEducation grant$1,500
Hannah Lohmann
672 Cypress Green CtWellingtonFL33414IEducation grant$2,500
Harley Crosby
208 NE 3rd StBelle GladeFL33430IEducation grant$2,500
Hilda B Hernandez Martell
2692 Freepost RoadWest Palm BeachFL33406IEducation grant$2,500
Holly Bowers
1537 SE Traditional TraceStuartFL34997IEducation grant$2,500
Hunter Wilkinson
19554 Red Gum TrailJupiterFL33458IEducation grant$2,500
Jaci Dulany
201 NE 2nd StreetBelle GladeFL33430IEducation grant$2,500
Janeisy Davila
5025 Polaris CoveGreenacresFL33413IEducation grant$2,500
John Pitts
171 NE 6th StreetBelle GladeFL33430IEducation grant$2,500
Julian G Bueno
1137 Grandview ManorWellingtonFL33414IEducation grant$2,500
Kaitlyn Blades
5541 Center StreetJupiterFL33458IEducation grant$2,500
Katelyn Gulley
6499 Chasewood Drive Unit EJupiterFL33458IEducation grant$2,500
Kaylee King
1642 Dorchester PlaceWellingtonFL33414IEducation grant$2,500
Kennedy DesRochers
2543 Bacom Point RoadPahokeeFL33476IEducation grant$1,500
Kennedy DesRochers
2543 Bacom Point RoadPahokeeFL33476IEducation grant$2,500
Kennedy Seider
15785 Bent Greek RoadWellingtonFL33414IEducation grant$2,500
Kimberly Bahena
2825 E Main StreetPahokeeFL33476IEducation grant$2,500
Kinley Seider
115 Venetian LaneRoyal Palm BeachFL33430IEducation grant$2,500
Kinsey Reynolds
3342 SW Hosanah LaneOkeechobeeFL33974IEducation grant$2,500
Kyle Abercrombie
16141 E Derby DriveLoxahatcheeFL33470IEducation grant$2,500
Landry Pitts
171 NE 6th StreetBelle GladeFL33430IEducation grant$2,500
Lane Collins
116 Tonbark TrailWellingtonFL33414IEducation grant$2,500
Laneka Owen
643 Jamestown BlvdAltamonte SpringsFL32714IEducation grant$2,500
Lauren Jones
P O box 717Canal PointFL33438IEducation grant$2,500
Lillian R Everett
1045 Cypress AveMoore HavenFL33471IEducation grant$2,500
Linda Gonzalez
880 SE First StreetBelle GladeFL33430IEducation grant$2,500
Lizzette Fuentes
2000 S Main StreetBelle GladeFL33430IEducation grant$2,500
Maryn Thompson
912 Blueberry DriveWellingtonFL33414IEducation grant$2,500
Maryn Thompson
912 Blueberry DriveWellingtonFL33414IEducation grant$2,500
Mason Guy
P O Box 40Canal PointFL33438IEducation grant$2,500
Matthew Rhymer
113 Cannon DrHendersonvilleNC28792IEducation grant$2,500
Maya Bowens
2421 Jackson Bluff RoadTallahasseeFL32204IEducation grant$2,500
Miguel Gonzalez
880 SE First StreetBelle GladeFL33430IEducation grant$2,500
Molly Stevenson
110 NE 3rd StreetBelle GladeFL33430IEducation grant$2,500
Morgan J Tucker
4722 NE 12th LaneOkeechobeeFL34976IEducation grant$2,500
Nayeli Fuentes
2000 S Main StreetBelle GladeFL33430IEducation grant$2,500
Olivia Sanford
133 Royal Palm WayBelle GladeFL33430IEducation grant$2,500
Paige Rodriguez
22963 Wareham CourtWellingtonFL33414IEducation grant$2,500
Paisley Norman
600 SW 21 StreetOkeechobeeFL34976IEducation grant$2,500
Peyton Pelham
1165 Stillwell RoadBelle GladeFL33430IEducation grant$2,500
Rilee T Rimes
220 Royal Palm WayBelle GladeFL33430IEducation grant$2,500
Rylie G Tucker
4722 NE 12th LaneOkeechobeeFL34974IEducation grant$2,500
Sabrina Wilkinson Wright
11638 Ellison Wilson RdNorth Palm BeachFL33408IEducation grant$2,500
Shy'Nala Brown
260 Holman CourtPahokeeFL33478IEducation grant$2,500
Taylor Bowens
2350 Bostic DriveCharlestonIL61920IEducation grant$2,500
Terryn Horton
1030 S Hilton CircleLaBelleFL33935IEducation grant$2,500
William Rimes Jr
133 NE 7th StreetBelle GladeFL33430IEducation grant$2,500
Woodley Augustin
114A Sutherlin DrWarner RobinsGA33093IEducation grant$1,500
Woodley Augustin
113 S Sutherlin DriveWarner RobinsGA33093IEducation grant$2,500
Belle Glade Chamber of Commerce
540 S Main StBelle GladeFL33430PCOrganizational grant$1,000
Western Palm Beach County Farm Bureau
3019 State Road 15Belle GladeFL33430PCOrganizational grant$1,500
The Refuge Ranch Inc
24240 SW Martin HwyOkeechobeeFL34974PCOrganizational grant$10,000
Palm Beach County Sheriff's Foundation
14000 Greenbriar BlvdWellingtonFL33414PCOrganizational grant$5,000
Junior Achievement of the Palm Beaches & Treasure Coast
700 Rosemary Avenue Suite 204West Palm BeachFL33401PCOrganizational grant$10,000
Community Methodist Church
401 SW 1st StreetBelle GladeFL33430PCOrganizational grant$15,000
Belle Glade Chamber of Commerce
540 S Main StBelle GladeFL33430PCOrganizational grant$10,000
University of Florida Foundation
PO Box 14425GainesvilleFL32604PCOrganizational grant$375
Glades Day School
400 Gator BoulevardBelle GladeFL33430PCOrganizational grant$100,000
Henderson County Rescue Squad Inc
2529 Asheville HwyHendersonvilleNC28791PCOrganizational grant$100,000
Glades Youth Connection
P O Box 159Belle GladeFL33430PCOrganizational grant$4,000
Cafe 1040
1431 Capital Avenue Suite 117WatkinsvilleGA30677PCOrganizational grant$1,500
Arts4All Florida
4202 E Fowler Ave EDU 105TampaFL33620PCOrganizational grant$250
National YoungArts Foundation
2100 Biscayne BlvdMiamiFL33137SO IOrganizational grant$1,000
Florida TaxWatch Research Institute Inc
106 N Bronough StTallahasseeFL32301PCOrganizational grant$1,000
Cross Training Ministries
525 E El Paso AveClewistonFL33440PCOrganizational grant$100,000
Arts4All Florida
4202 E Fowler Ave EDU 105TampaFL33620PCOrganizational grant$250
Belle Glade Chamber of Commerce
540 S Main StBelle GladeFL33430PCOrganizational grant$100
Clewiston Museum
109 Central AveClewistonFL33440PCOrganizational grant$250
University of Florida Foundation
PO Box 14425GainesvilleFL32604PCOrganizational grant$125,000
Cultural Council of Palm Beach County
601 Lake AvenueLake WorthFL33460PCOrganizational grant$1,000
Community Methodist Church
401 SW 1st StreeBelle GladeFL33430PCOrganizational grant$5,000
City of Belle Glade
110 Dr Martin Luther King Jr BlvdBelle GladeFL33430GOVOrganizational grant$7,000
Residing Hope (Florida United Methodist Children's Home)
51 Childrens WayEnterpriseFL32725PCOrganizational grant$25,000
University of Florida Foundation
PO Box 14425GainesvilleFL32604PCOrganizational grant$700,000
Glades Youth Connection
PO Box 159Belle GladeFL33430PCOrganizational grant$21,000
CIELO - Community for Innovation Entrepreneurship Leadership & Opportunity
16787 Beach Blvd Suite 233Huntington BeachCA92647PCOrganizational grant$25,000
Connie and Ricky Sparks Scholarship Foundation
PO Box 6603HendersonvilleNC28793PCOrganizational grant$50,000
Pregnancy Care Center
P O Box 241HermitageTN370760241PCOrganizational grant$25,000
City of Belle Glade
110 Dr Martin Luther King Jr BlvdBelle GladeFL33430GOVOrganizational grant$10,000Belle Glade FL
Lighthouse for the Blind of Palm Beaches Inc
5601 Corporate Way Suite 210 FLWest Palm BeachFL33407PCOrganizational grant$25,000
Junior League of the Palm Beaches
470 Columbia Drive Bldg F101 WestWest Palm BeachFL33409PCOrganizational grant$25,000Palm Beach FL
Willie and Estella Pyfrom Scholarship Foundation
2101 Vista Park WayWest Palm BeachFL33411PCOrganizational grant$20,000
Frontline Healing Foundation
P O Box 9100 PMB 104 TXBanderaTX78003PCOrganizational grant$50,000
Trustbridge Foundation Inc
5300 East Avenue West Palm Beach FLWest Palm BeachFL33407PCOrganizational grant$25,000
Boys & Girls Club of Palm Beach County
800 Northpoint Pkwy Suite 204 WestWest Palm BeachFL33407PCOrganizational grant$25,000Palm Beach FL
Boys & Girls Club of Henderson County
1304 Ashe Street NCHendersonvilleNC28793PCOrganizational grant$25,000
Rotary Club of Belle Glade
P O Box 695 Belle Glade FLBelle GladeFL33430PCOrganizational grant$10,000
Quantum House
987 45th Street West Palm Beach FLWest Palm BeachFL33407PCOrganizational grant$40,000
AD Disaster Relief Foundation
500 E Swedesford Road Ste 101 PAWaynePA19087PCOrganizational grant$10,000
Donelson Christian Academy
300 Danyacrest Dr TNNashvilleTN37214PCOrganizational grant$5,000
Dunklin Memorial Church Inc
3342 SW Hosanah Lane FLOkeechobeeFL34974PCOrganizational grant$35,000
Pulmonary Fibrosis Foundation
230 E Ohio St Ste 500 ILChicagoIL60611PCOrganizational grant$30,000
CROS Ministries
3677 23rd Ave South B101 FLLake WorthFL33461PCOrganizational grant$35,000
Florida Agriculture in the Classroom
1352 Sabal Palm Drive Bldg 941 FLGainesvilleFL32611PCOrganizational grant$25,000
Community Methodist Church
401 SW 1st StreetBelle GladeFL33430PCOrganizational grant$170,000
Clewiston Museum
109 Central AveClewistonFL33440PCOrganizational grant$350
Glades Day School
400 Gator BoulevardBelle GladeFL33430PCOrganizational grant$150,000
Stetson University
421 N Woodland Blvd Unit 8286DeLandFL32723PCOrganizational grant$150,000
Belle Glade Chamber of Commerce
540 S Main StBelle GladeFL33430PCOrganizational grant$160
Light House Cafe Ministries of the Glades Inc
PO Box 220PahokeeFL33476PCOrganizational grant$25,000
Florida Fruit & Vegetable Association
800 Trafalgar Ct 200MaitlandFL32751PCOrganizational grant$25,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,453,235TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$127,968ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$4,065,393ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Business111000BusinessCd
Unrelated Business Taxbl Incm$3,830,514UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion19ExclusionCd
Exclusion-$1,212,338ExclusionAmt

Gross Profit Loss Sls Of Invntry GrossProfitLossSlsOfInvntryGrp

FieldValueIRS element (for citing)
Business211100BusinessCd
Unrelated Business Taxbl Incm$3,149UnrelatedBusinessTaxblIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$3,833,663UnrelatedBusinessTaxblIncmAmt
Exclusion$2,981,023ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$6,814,686TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
Frances R Hand
19100 Belvedere RoadRoyal Palm BeachFL33411$163,453,256Yes (X)
Ruben Ledesma
29100 Belvedere RoadRoyal Palm BeachFL33411$2,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting/ProfessionalCategoryTxt
Amt$102,638Amt
Net Investment Income$51,319NetInvestmentIncomeAmt
Disbursements Charitable Prps$51,319DisbursementsCharitablePrpsAmt

Applied To Prior Year Election AppliedToPriorYearElection

FieldValueIRS element (for citing)
ElectionTaxpayer is making an election under Sec 53.4942(a)-2. Any qualifying distribution during the 2024 taxable year shall be made first out of undistributed income of the immediately preceding taxable year, second out of the undistributed income for the taxable year to the extent thereof; and then out of corpus.ElectionDesc

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (7 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmtEOYFMVEOYFMVAmt
Belvedere Blvd. Office Condo$416,286$0$416,286$416,286
Office Furniture$25,643$0$25,643
Blinds$950$0$950
Office Furniture$2,099$0$2,099
AV Equipment$4,264$0$4,264
IT Equipment$6,517$0$6,517
Land$77,049,750$0$77,049,750

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal feesCategoryTxt
Legal Fees$29,477LegalFeesAmt
Net Investment Income$14,738NetInvestmentIncomeAmt
Disbursements Charitable Prps$14,738DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

EOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
$1,951,428$1,951,428
$60,051,419$60,217,957
$20,592,243$20,473,322

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Advisory Fees$61,352$61,352$0
Dues & Subscriptions$7,995$1,599$6,396
Insurance$27,851$5,570$22,281
Marketing$12,848$0$12,848
Office Expense & Supplies$20,606$4,887$19,545
Property Maintenance - Charitable giving UF land & bldg$62,446$0$62,446

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (2 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
Credit card payable$0$7,846
Payroll liabilities$0$4,879

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonFrances HandPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line19100 Belvedere Road 210AddressLine1Txt
CityRoyal Palm BeachCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33411ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Real Estate Taxes on various parcels$18,943$18,566$0
Foreign Taxes$8,615$8,615$0
Property taxes on agricultural leased properties$18,566$18,566$0