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Also known as: FORMERLY CHAUNCEY SHEY AND CINDY QIU FOU
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A Lending Hand Foundation Inc. is a private corporation based in NORTHFIELD, NJ. The foundation received its IRS ruling in 2003. The principal officer is Friedman Llp. It holds total assets of $3M. Annual income is reported at $2.3M. Total assets have grown from $408K in 2011 to $2.8M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in North Carolina, Connecticut and New York. According to available records, A Lending Hand Foundation Inc. has made 11 grants totaling $815K, with a median grant of $20K. Annual giving has grown from $75K in 2020 to $320K in 2022. Grantmaking activity was highest in 2021 with $420K distributed across 3 grants. Individual grants have ranged from $100 to $220K, with an average award of $74K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in North Carolina and Connecticut and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$110
Median Grant
$200K
Average Grant
$140K
Largest Grant
$220K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
A Lending Hand Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in NC, CT, NY.
A Lending Hand Foundation Inc. has distributed a total of $815K across 11 grants. The median grant size is $20K, with an average of $74K. Individual grants have ranged from $100 to $220K.
A Lending Hand Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
A Lending Hand Foundation Inc. is headquartered in NORTHFIELD, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chauncey Shey | VICE PRESIDENT & TREASURER | $0 | $0 | N/A |
| Cindy Qiu | PRESIDENT & SECRETARY | $0 | $0 | N/A |
| Jason Hsu | TRUSTEE | $0 | $0 | N/A |
Total Giving
$16K
Total Assets
$2.8M
Fair Market Value
$2.9M
Net Worth
$2.8M
Grants Paid
$100
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$132K
Total: $1.9M
Total Grants
11
Total Giving
$815K
Average Grant
$74K
Median Grant
$20K
Unique Recipients
4
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Duke UniversityGENERAL SUPPORT | Durham, NC | $220K | 2022 |
| Hotchkiss SchoolGENERAL SUPPORT | Lakeville, CT | $100K | 2022 |
| Museum Of Modern ArtGENERAL SUPPORT | New York, NY | $100 | 2022 |
| Maloto IncGENERAL SUPPORT | New York, NY | $2K | 2020 |