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Filing year 2024

MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA

Red Bank, New Jersey·EIN 23-7873029·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$76k
Total assets
$366k
Total expenses
$28k
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA reported 2 unpaid officers and board members on its 990-PF.

Co-trustee
Co-trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$17k

Itemized grants

11

Median grant

$1k

RecipientLocationPurposeAmount
COLORADO STATE UNIVERSITYFORT COLLINS, COSCHOLARSHIPS$4k
COASTAL CAROLINA UNIVERSITYCONWAY, SCSCHOLARSHIP$2k
ROWAN UNIVERSITYGLASSBORO, NJSCHOLARSHIPS$2k
UNIVERSITY OF DELAWARENEWARK, DESCHOLARSHIPS$2k
UNIVERSITY OF RHODE ISLANDKINGSTON, RISCHOLARSHIP$2k
CORNELL UNIVERSITYITHACA, NYSCHOLARSHIPS$1k
NORTHEASTERN UNIVERSITYBOSTON, MASCHOLARSHIP$1k
UNIVERSITY OF CONNECTICUTSTORRS, CTSCHOLARSHIPS$1k
UNIVERSITY OF SOUTH CAROLINACOLUMBIA, SCSCHOLARSHIPS$1k
UNIVERSITY OF VERMONTBURLINGTON, VTSCHOLARSHIPS$1k
VIRGINIA TECHBLACKSBURG, VASCHOLARSHIPS$1k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA reported revenue and expenses across 2 filing years.

RevenueExpenses
$14k
$38k
2023
$76k
$28k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in New Jersey

MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in New Jersey earns a median of $24,000.

25th percentile
$10k
Median
$24,000
75th percentile
$63k
90th percentile
$178k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 688 organizations across 688 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for New Jersey
FAQ

Common questions about MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA

What are MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA's revenue and expenses?

In 2024, MORGAN AND MARY G HAND SCHOLARSHIP OCEANFIRST BANK NA reported $76k in total revenue and $28k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.