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The Hand Foundation

Profile

Last Updated: 2016-08-25

At A Glance

The Hand Foundation

P.O. Box 5655

Redwood City, CA United States 94063-0655

URL: www.thehandfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-06-30)

Assets: $14,664,172

Total giving: $919,343

EIN

562403164

BRIDGE Number

1420411053

Background

Established in 2003 in CA - The HAND Foundation (HAND) was established by former Oracle Corporation executive Noosheen Hashemi and former Yahoo! chief technology officer Farzad Nazem.

Purpose and Activities

The foundation's mission is to advance the philanthropic sector, prevent child sexual abuse, build a global middle class, and prepare and engage the Next Generation.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Advancement of Philanthropy and Volunteerism

As increasing wealth and income-inequality push growth in philanthropy, The HAND Foundation seeks to move the state of knowledge in the philanthropic sector forward. The foundation supports organizations and research that increase knowledge of philanthropy, and build capacity of communities organizing around philanthropy. It focuses its philanthropy work on a number of areas, including: Diasporas: Recognizing philanthropy as one of the most accessible ways for diasporas to engage in a new country, the foundation has focused on increasing and improving diaspora philanthropy. Based on the foundation's experience of the importance of the sharing of knowledge between diasporas, it is now interested in cross-diaspora learning not just in the area of philanthropy, but also political, business, and cultural engagement. Major initiatives that the foundation has supported in this area are: PARSA Community Foundation and the HAND Philanthropy Fellowship at New America Foundation, and International diaspora Engagement Alliance (IdEA). Youth Philanthropy and Service Learning: Encouraging youth leadership in this area is crucial for keeping our democracy vibrant. This is the cornerstone of a 21st Century education. The foundation is involved in efforts to develop the future leaders, grounded in an ethic of service. One example of this is our Lend a HAND grants that promote youth philanthropy, volunteerism and leadership.

Fields of Interest

Subjects
  • Community and economic development
  • Education
  • Philanthropy
  • Sexual abuse
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Females
  • Low-income and poor people

Financial Data

Year ended 2015-06-30

Assets: $14,664,172 (market value)

Gifts received: $1,755,747

Expenditures: $517,635

Total giving: $919,343

Qualifying distributions: $1,063,687