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Also known as: C/O OCEANFIRST BANK NA
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Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 is a private trust based in RED BANK, NJ. The foundation received its IRS ruling in 2000. The principal officer is Oceanfirst Bank Na. It holds total assets of $1.2M. Annual income is reported at $378K. Total assets have decreased from $1.5M in 2010 to $1.1M in 2023. The foundation is governed by 2 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 2016 to 2023. The foundation primarily funds organizations in New Jersey and Pennsylvania. According to available records, Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 has made 61 grants totaling $157K, with a median grant of $2K. The foundation has distributed between $76K and $82K annually from 2022 to 2023. Individual grants have ranged from $1K to $7K, with an average award of $3K. The foundation has supported 44 unique organizations. The foundation primarily supports organizations in Pennsylvania, New Jersey, Florida, which account for 59% of all grants. Grantmaking reaches organizations across 15 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$750
Median Grant
$3K
Average Grant
$3K
Largest Grant
$6K
Based on 19 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.
Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in PA, NJ, FL.
Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 has distributed a total of $157K across 61 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $7K.
Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 typically selects its grantees rather than accepting unsolicited proposals. The application deadline is APRIL 1ST ANNUALLY. Awards based upon need, performance & personal interview.
Cecelia Hand Nelson & Morgan Hand Ii Memorial Scholarship 1513850404 is headquartered in RED BANK, NJ. While based in NJ, the foundation distributes grants to organizations across 15 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Oceanfirst Bank Na | TRUSTEE | $16K | $0 | $16K |
| Douglas K Walker Esq | TRUSTEE | $0 | $0 | N/A |
Total Giving
$100K
Total Assets
$1.1M
Fair Market Value
$1.7M
Net Worth
$1.1M
Grants Paid
$76K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$78K
Total: N/A
Total Grants
61
Total Giving
$157K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
44
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Muhlenberg CollegeEDUCATIONAL PURPOSES | Allentown, PA | $1K | 2023 |
| University Of MiamiEDUCATIONAL PURPOSES | Coral Gables, FL | $6K | 2023 |
| Rowan UniversityEDUCATIONAL PURPOSES | Glassboro, NJ | $6K | 2023 |
| Rutgers UniversityEDUCATIONAL PURPOSES | New Brunswick, NJ | $5K | 2023 |
| University Of South FloridaEDUCATIONAL PURPOSES | Tampa, FL | $4K | 2023 |
| University Of PittsburgEDUCATIONAL PURPOSES | Pittsburg, PA | $4K | 2023 |
| Horry Georgetown Technical CollegeEDUCATIONAL PURPOSES | Conway, SC | $4K | 2023 |
| University Of TampaEDUCATIONAL PURPOSES | Tampa, FL | $4K | 2023 |
| Stockton UniversityEDUCATIONAL PURPOSES | Galloway, NJ | $3K | 2023 |
| University Of DelawareEDUCATIONAL PURPOSES | Newark, DE | $3K | 2023 |
| West Chester UniversityEDUCATIONAL PURPOSES | West Chester, PA | $3K | 2023 |
| College Of New JerseyEDUCATIONAL PURPOSES | Ewing Township, NJ | $3K | 2023 |
| Pacific Beach Atlantic UniversityEDUCATIONAL PURPOSES | West Palm Beach, FL | $2K | 2023 |
| Embry-Riddle Aeronautical UniversityEDUCATIONAL PURPOSES | Mcguire Afb, NJ | $2K | 2023 |
| Florida Institute Of TechnologyEDUCATIONAL PURPOSES | Melbourne, FL | $2K | 2023 |
| Boston UniversityEDUCATIONAL PURPOSES | Boston, MA | $2K | 2023 |
| Uw - MadisonEDUCATIONAL PURPOSES | Madison, WI | $2K | 2023 |
| Coastal Carolina UniversityEDUCATIONAL PURPOSES | Conway, SC | $2K | 2023 |
| Gettysburg CollegeEDUCATIONAL PURPOSES | Gettysburg, PA | $2K | 2023 |
| Clemson UniversityEDUCATIONAL PURPOSES | Clemson, SC | $2K | 2023 |
| Cornell UniversityEDUCATIONAL PURPOSES | Ithaca, NY | $2K | 2023 |
| Smith CollegeEDUCATIONAL PURPOSES | Northampton, MA | $2K | 2023 |
| St Joseph'S UniversityEDUCATIONAL PURPOSES | Philadelphia, PA | $2K | 2023 |
| Widener UniversityEDUCATIONAL PURPOSES | Chester, PA | $1K | 2023 |
| Carnegie Mellon UniversityEDUCATIONAL PURPOSES | Pittsburg, PA | $1K | 2023 |
| University Of North Carolina WilmingtonEDUCATIONAL PURPOSES | Wilmington, NC | $1K | 2023 |
| Georgetown UniversityEDUCATIONAL PURPOSES | Washington, DC | $1K | 2023 |
| University Of FloridaEDUCATIONAL PURPOSES | Gainsville, FL | $1K | 2023 |
| Thomas Jefferson UniversityEDUCATIONAL PURPOSES | Philadelphia, PA | $1K | 2023 |
| New Jersey Institute Of TechnologyEDUCATIONAL PURPOSES | Newark, NJ | $1K | 2023 |
| Northeastern UniversityEDUCATIONAL PURPOSES | Boston, MA | $1K | 2023 |
| Bucknell UniversityEDUCATIONAL PURPOSES | Lewisburg, PA | $3K | 2022 |
| Salisbury UniversityEDUCATIONAL PURPOSES | Salisbury, MD | $2K | 2022 |
| Stetson UniversityEDUCATIONAL PURPOSES | Deland, FL | $2K | 2022 |
| American UniversityEDUCATIONAL PURPOSES | Washington, DC | $2K | 2022 |
| James Madison UniversityEDUCATIONAL PURPOSES | Harrisonburg, VA | $2K | 2022 |
| Bentley UniversityEDUCATIONAL PURPOSES | Waltham, MA | $2K | 2022 |
| Vanderbilt UniversityEDUCATIONAL PURPOSES | Nashville, TN | $2K | 2022 |
| Virginia Wesleyan UniversityEDUCATIONAL PURPOSES | Virginia Beach, VA | $2K | 2022 |