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The Hands Of Love Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 813520119 ✦ Potomac, MD ✦ Designated as a 501(c)(3)

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Overview

What is The Hands Of Love Foundation Inc?

The Hands of Love Foundation Inc, situated in the United States, is a charitable organization that actively engages in fundraising events and activities. Their primary objective is to collect funds and donate them to other eligible nonprofit organizations. Notably, they have shown a particular interest in supporting the Children's Inn, a specific exempt organization located in Bethesda, Maryland. To date, they have generously contributed a total of $50,000 to this cause. The Foundation's philanthropic efforts are geared towards making a positive impact in various communities by assisting other like-minded organizations in their missions.

Is The Hands Of Love Foundation Inc legitimate?

The Hands Of Love Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hands Of Love Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Hands Of Love Foundation Inc?

The Hands of Love Foundation's primary mission involves organizing events and activities to garner funds, which are then donated to various exempt organizations. One of their significant contributions is to the Children's Inn situated in Bethesda, MD, where they have donated an accumulated sum of $50,000. The foundation's activities are primarily focused on charitable donations.

What is the revenue of The Hands Of Love Foundation Inc?

The Hands Of Love Foundation Inc's revenue in 2023 was $81,960.

Who are the executives of The Hands Of Love Foundation Inc and what are their salaries?

Here are 5 key members and their salaries:


Hershele Banks (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Davidson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doreen Bass (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Banks (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Dubin (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Hands Of Love Foundation Inc?

The Hands Of Love Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of The Hands Of Love Foundation Inc

The Hands of Love Foundation is an organization that is committed to raising funds through events and activities. Their primary goal is to donate these funds to other exempt organizations, demonstrating their altruistic nature. One of the beneficiaries of their donations is the Children's Inn, situated at 7 West DR in Bethesda, MD. The Hands of Love Foundation has shown its generosity by donating a substantial sum of $50,000 to this institution. Their mission, in essence, revolves around generating funds and distributing them to deserving organizations, thereby contributing to various causes and making a positive impact in the community.

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Impact




August, 2024

The Hands of Love Foundation Inc has made a significant impact through its philanthropic efforts. Specifically, the organization has donated a total of $50,000 to the Children's Inn in Bethesda, MD. This donation has helped support the important work being done at the Children's Inn, benefiting the children and families who rely on its services. The Hands of Love Foundation's commitment to giving back and supporting exempt organizations demonstrates its dedication to making a positive difference in the community.




This information is meant to be a general summary of The Hands Of Love Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$81,960 (2023)
Expenses
$83,091 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $151,985

Assets and Liabilities:

  • Total Assets: $5,772
  • Total Liabilities: $0
  • Net Assets: $5,772

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Organization Details

Principal Officer

Hershele Banks

NTEE Category

Code: T30 - Philanthropy

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