2024-02-29T10:19:05-08:00 2023-06-30 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2022-07-01 510486987 MANY HANDS INC MANY 5712186136 PO BOX 15048 CHEVY CHASE MD 20825 Mary Frazier Schulman Treasurer 2024-02-29 true Mary Frazier Schulman 999009999 true CHRIS SCHOLTES CPA P01607734 4103230010 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Mary Frazier Schulman 337009 false X WWW.MANYHANDSDC.ORG X 2003 DC Many Hands leverages the power of collective giving to support nonprofits serving and empowering Washington, DC area women, children, and families in socioeconomic need. 15 15 0 86 0 332693 0 4282 34 337009 310000 0 0 0 6238 24095 334095 2914 116690 118054 7370 1718 109320 116336 Many Hands leverages the power of collective giving to support nonprofits serving and empowering Washington, DC area women, children, and families in socioeconomic need. false false 318635 310000 34 IN FISCAL YEAR ENDED JUNE 30, 2023, MANY HANDS AWARDED A TOTAL OF $310,000 IN GRANTS, BRINGING THE TOTAL DISTRIBUTED SINCE 2004 TO $2,878,000. THESE GRANTS HAVE STRENGTHENED WORTHY ORGANIZATIONS AND BETTERED LIVES ACROSS THE METRO DC REGION. MANY HANDS NOT ONLY PROVIDES A REWARDING PHILANTHROPIC EXPERIENCE FOR ITS MEMBERS, BUT IT ALSO HELPS MEMBERS AND THE PUBLIC BECOME BETTER INFORMED ABOUT THE COMPLEX NEEDS OF WASHINGTON AREA NONPROFITS. 318635 true true false false false false false false false true false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false DC MD VA X X MARGARET VASSILIKOS 2023647331 PO BOX 15048 CHEVY CHASE MD 20825 X Kathryn Zecca President 15.00 0.00 X X 0 0 0 Charis Keitelman Vice President 15.00 0.00 X X 0 0 0 Margaret Vassilikos Treasurer 15.00 0.00 X X 0 0 0 Karen Murrell Secretary 15.00 0.00 X X 0 0 0 Deborah Arrindell Director 5.00 0.00 X 0 0 0 Lynne Battle Director 5.00 0.00 X 0 0 0 Claudette Christian Director 5.00 0.00 X 0 0 0 Melissa Dennis Director 5.00 0.00 X 0 0 0 Mary Kwak Director 5.00 0.00 X 0 0 0 Jane Paul Director 5.00 0.00 X 0 0 0 Anna Pfeiffer Director 5.00 0.00 X 0 0 0 Dianne Rudo Director 5.00 0.00 X 0 0 0 Susan Sarver Director 5.00 0.00 X 0 0 0 Frazier Schulman Director 5.00 0.00 X 0 0 0 Lori Sostowski Director 5.00 0.00 X 0 0 0 0 false false false 0 332693 332693 0 4282 4282 0 0 0 0 0 0 0 OTHER 900099 34 34 34 337009 34 4282 310000 310000 0 0 0 0 0 0 0 0 0 0 0 1027 1027 0 0 0 0 1423 1423 1636 1636 9267 5473 600 3194 0 0 0 0 0 0 0 0 773 773 BANK CHARGES 5186 5186 EVENTS & MEMBERSHIP EDUCATION 4783 3162 1621 0 334095 318635 9222 6238 48767 12038 33610 27280 0 0 0 0 0 0 5564 12285 0 28749 66451 0 0 0 0 116690 118054 7370 1718 7370 1718 X 109320 116336 109320 116336 116690 118054 2914 4102 X true X false false false X 344891 387362 363420 40349 332693 1468715 0 0 344891 387362 363420 40349 332693 1468715 20532 1448183 102 72 6 4282 4462 0 115 34 56 34 239 1473416 0.98290 0.98580 X Support Schedule: Additional Supplemental Information THE ORGANIZATION CHANGED ITS FISCAL YEAR END FROM DECEMBER 31 TO JUNE 30 ON THE 2021 990. AS A RESULT, THE TOTAL SUPPORT PROVIDED IN PART II, LINES 1, 4, 8 AND 10 FOR 2018, 2019, 2020, 2021 AND 2022 ARE FOR THE PERIODS ENDED DECEMBER 31, 2019, 2020, 2021, SHORT YEAR ENDED JUNE 30, 2022, AND THE YEAR ENDED JUNE 30, 2023, RESPECTIVELY. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62349 4102 66451 63607 -1248 10 62349 51002 12600 5 63607 51000 2 51002 1.00000 false false false 341111 4102 4102 337009 337009 334095 334095 334095 Part V, Line 4: Intended uses of the endowment fund. In 2020, the Organization's board of directors established a board designated quasi endowment fund in the amount of $50,000, for the purposes of providing annual support to the Organization. The Organization's spending policy is to annually distribute up to four percent of a trailing three-year average of the endowment's total asset value, with the understanding that the spending rate will not exceed net earnings over time. It is the board's intention that the annual distribution may be used for professional development, educational events and general operating and fundraising expenses. The distribution may not be used for grant awards. true Communities in Schools of DC 501 School Street SW Washington DC 20024 721581607 501(C)(3) 100000 0 Education Assitance Edu-Futuro 2110 Washington Blvd Arlington VA 22204 541914671 501(c)(3) 70000 0 Education Assitance Prince Georges Child RC 9475 Lottsford Rd Upper Marlboro MD 20774 521772595 501(c)(3) 70000 0 Education Assitance Wanda Alston Foundation 1377 R St NW Washington DC 20009 463159251 501(c)(3) 70000 0 Housing Assistance 4 0 Additional Supplemental Information IN APRIL, FINANCIAL INFORMATION FROM THREE ORGANIZATIONS CONSIDERED BY EACH COMMITTEE I.E. 12 ORGANIZATIONS IN TOTAL BEST SUITED TO RECEIVE THE $100,000 GRANT IS REVIEWED BY A FINANCIAL REVIEW COMMITTEE. AS LONG AS THERE IS NO NEED TO ELIMINATE ANY OF THE 12 ORGANIZATIONS BECAUSE OF FINANCIAL CONCERNS, IN MAY, EACH COMMITTEE SELECTS ONE NONPROFIT TO PRESENT TO MANY HANDS DONORS FOR A VOTE. ONE ORGANIZATION RECEIVES $100,000, AND THE OTHER THREE FINALISTS RECEIVE EQUAL SHARES OF THE REMAINING GRANT MONEY. Grantmaker's Description of How Grants are Used ORGANIZATIONS INTERESTED IN RECEIVING A MANY HANDS GRANT ARE ASKED TO SUBMIT A GRANT APPLICATION, THEIR MOST RECENT 990, 3 YEARS OF FINANCIAL STATEMENTS AND A CURRENT-YEAR BUDGET, INFORMATION CONFIRMING THEIR 501(C)(3) STATUS, AND INFORMATION ABOUT THEIR BOARD AND EXECUTIVE DIRECTOR. THE MANY HANDS GRANTS COMMITTEE THEN REVIEWS THE SUBMISSIONS AND QUALIFIED ORGANIZATIONS ARE REFERRED TO ONE OF FOUR FOCUS AREA COMMITTEES - EDUCATION, HEALTH, HOUSING, AND ECONOMIC EMPOWERMENT - FOR FURTHER CONSIDERATION. Form 990, Part VI, Section B, Line 11b A DRAFT COPY OF THE FEDERAL FORM 990 IS REVIEWED BY THE ORGANIZATION'S officers and finance committee AND DISTRIBUTED TO THE FULL BOARD OF DIRECTORS BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, Line 12c Any Board Member or donor who has a conflict with an applicant organization, as defined by the Many Hands Conflict of Interest policy, may not participate in a committee evaluating that application, participate in the financial or eligibility review process with respect to that application, or vote on that application for purposes of awarding a grant. Form 990, Part VI, Section C, Line 19 CERTAIN GOVERNING DOCUMENTS OF MANY HANDS, INC. ARE AVAILABLE UPON REQUEST. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. A COPY OF THE FEDERAL FORM 990 CAN BE ACCESSED ON THE GUIDESTAR WEBSITE.