2025-10-17T14:47:19-04:00 2024-12-31 990 2024-01-01 521436849 Hand Papermaking Inc HAND 3478499213 PO BOX 50336 BALTIMORE MD 21211 ROSA CHANG EXECUTIVE DIRECTOR 3478492133 2025-10-19 false Yoonho Kim P02258755 4436821900 2025-10-19 X 2024 2025-03-06 01:10:19Z ROSA CHANG 103 W 39TH ST C1WST BALTIMORE MD 21210 69298 false X www.handpapermaking.org X 1987 MN Advancing traditional and contemporary ideas in the art of hand papermaking through print and online publications and other educational efforts. 12 12 2 15 0 0 93470 13293 76007 43787 9642 12218 8021 0 187140 69298 0 0 0 0 82152 81682 0 0 0 46755 39504 128907 121186 58233 -51888 505847 531816 0 0 505847 531816 Hand Papermaking Inc. is dedicated to advancing traditional and contemporary ideas in the art of making paper by hand. Through its print and online publications the nonprofit organization preserves informs and inspires as it celebrates the transformative act of hand papermaking. false false 31517 0 43787 Hand Papermaking magazine and Hand Papermaking Newsletter -- A biannual magazine and quarterly newsletter sent to 750+ subscribers around the US and internationally to libraries museums universities collectors and other individuals. 0 0 0 0 0 0 0 0 0 31517 true 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 false false false false false false false false false false false false false false false false false true 0 0 true 2 true false false false false false true true false 0 false false false false false false false 12 12 false false false false false false false true true false false true true true true false false true true false MN X X EMILY DUONG 7329868214 68 BENNINGTON PKWY FRANKLIN PARK NJ 08823 ROSA CHANG Executive director 40.00 0.00 X X 36667 0 0 Marie Bannerot McInerney Chair 3.00 0.00 X X 0 0 0 BETSY KNABE ROE ARTIST AND GALLERY OWNER 1.00 0.00 X 0 0 0 Gretchen Schermerhorn VICE CHAIR 1.00 0.00 X X 0 0 0 Kazuko Hioki Secretary 1.00 0.00 X X 0 0 0 ANNE Q MCKEOWN ARTIST EDUCATOR 1.00 0.00 X 0 0 0 MICHAEL FALLON EXECUTIVE DIRECTOR 40.00 0.00 X X 7621 0 0 EMILY DUONG TREASURER 1.00 0.00 X X 0 0 0 Sanaz Haghani Artist and Educator 1.00 0.00 X 0 0 0 Steph Rue Director 1.00 0.00 X 0 0 0 JERUSHIA GRAHAM Artist and Educator 1.00 0.00 X 0 0 0 Lynn Sures Director 1.00 0.00 X 0 0 0 44288 0 0 0 true false false 0 0 0 0 0 13293 0 13293 Periodical Publishers 511120 43787 43787 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 43787 12218 12218 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 69298 56005 0 0 0 0 0 0 0 0 0 0 44288 0 44288 0 0 0 0 0 28656 0 28656 0 0 0 0 0 264 0 264 0 8474 0 8474 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4375 0 4375 0 1526 0 1526 0 0 0 0 0 0 0 0 0 0 0 0 0 2086 0 2086 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Program costs 31517 31517 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 121186 31517 89669 0 0 0 0 0 55481 36604 23587 32666 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 426779 462546 0 0 0 0 0 0 0 0 505847 531816 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 494568 520537 11279 11279 505847 531816 505847 531816 -51888 77857 0 0 0 0 X false false false X 46571 401761 41038 93572 13293 596235 0 0 0 0 0 0 0 0 0 0 0 0 46571 401761 41038 93572 13293 596235 401936 194299 5667 6428 -7933 23642 12218 40022 4312 1050 0 0 0 5362 0 0 0 0 0 0 641619 0.3028 0.3500 X 426779 0 35767 0 0 0 462546 32485 384679 9642 0 0 0 426779 41537 0 -9079 0 0 0 32458 35109 0 6428 0 0 0 41537 29942 0 5167 0 0 0 35109 1 0 0 false false Part I to XII | PartandLinenumber:,Explanation:| Part V Line 4,THE HAND PAPERMAKING EDNOWMENT WAS FIRST ESTABLISHED IN 2006 AND ACCEPTED ANY SIZE DONATION. IN 2021 HAND PAPERMAKING RECEIVED BY REQUEST A LARGE INITIAL DONATION FROM THE BECK WHITEHEAD ESTATE AND UPON RECEIVING A FINAL PAYOUT FROM THAT ESTATE IN 2023 ALL WHITEHEAD FUNDS WERE MOVED INTO THE HAND PAPERMAKING ENDOWMENT AS A SINGLE ENDOWMENT CONTRIBUTION. HAND PAPERMAKING ALSO HIRED IN 2023 THE BALLAST ADVISORS TO MANAGER THE FUNDS AND PROVIDE QUARTERLY REPORTS TRACKING ENDOWMENT ACTIVITY TO THE ORGANIZATIONS BOARD OF DIRECTORS. THE PRIMARY INVESTMENT OBJECT OF THE HAND PAPERMAKING ENDOWMENT IS TO PRODUCE A RATE OF RETURN WHICH WILL PERMIT MAXIMUM SUPPORT FOR THE GENERAL FUND IN A MANNER THAT IS CONSISTENT WITH THE FOLLOWNG: PRUDENT MANAGEMENT OF INVESTMENTS PRESERVATION OF PRINCIPAL AND SOCIALLY RESPONSIBLE INVESTMENT PRACTICES. THE HAND PAPERMAKING ENDOWMENT IS TECHNICALLY A "QUASI-ENDOWMENT" SINCE IT WAS ESTABLISHED AS A RESTRICTED FUND BY THE BOARD OF DIRECTORS| Part V Line 4,CONTINUED: WHO COULD UN-RESTRICT THE FUND AT ANY TIME. FUND EARNINGS ARE UNRESTRICTED AND MAY BE TRANSFERRED ANNUALLY TO THE GENERAL FUND. AS A GENERAL RULE OF PRUDENCE AN AMOUNT NO GREATER THAN 10% OF THE TOTAL MARKET VALUE OF THE ENDOWMENT SHOULD BE DISTRIBUTED IN A GIVEN CALENDAR YEAR. ASSETS OF THE HAND PAPERMAKING ENDOWMENT MAY BE INVESTED IN EQUITY SECURITIES COMMON STOCKS PREFERRED STOCKS AND CONVERTIBLE SECURITIES FIXED-INCOME SECURITIES DEBT INSTRUMENTS AND SHORT-TERM INVESTMENTS CASH EQUIVALENTS OR MUTUAL FUNDS COMPRISED OF THESE SECURITY TYPES. NO OTHER SECURITIES ARE PERMISSBILE INVESTMENTS WITHOUT THE SPECIFIC APPROVAL OF THE BOARD OF DIRECTORS. THE FINANCE COMMITTEE WILL DETERMINE APPROPRIATE BENCHMARKS TO MEASURE SUCCESS OF THE CURRENT INVESTMENT STRATEGY REPORTING RESULTS TO THE FULL BOARD ANNUALLY.| X false false false false false false false false false ROSA CHANG Executive director 36667 0 0 0 0 0 0 0 0 0 36667 0 0 0 Part VI, Line 11a THE ORGANIZATIONS 2024 990 FORM AND SCHEDULE A,B,D AND G WERE PRESENTED TO THE FULL BOARD FOR REVIEW BEFORE A FULL BOARD MEETING. THE EXECUTIVE DIRECTOR ANSWERED QUESTIONS AND CONCERNS FROM SEVERAL BOARD MEMBER AND ON OCTOBER 17 THE BOARD TREASURER ANNOUNCED THAT THE FULL BOARD HAD UNANIMOUSLY VOTED TO APPROVE THE TAX FORM AND SCHEDULES FOR FILING. Part VI, Line 12c ONCE PER YEAR USUALLY IN CONJUNCTION WITH THE ORIENTATION OF NEW INCOMING BOARD MEMBERS HAND PAPERMAKINGS BOARD OF DIRECTORS REVIEWS THE ORGANIZATIONS CONFLICT OF INTEREST POLICY CONSIDERS ANY CHANGES IN STATUS AMONG BOARD MEMBERS DISCUSSES ANY NEED FOR AMENDMENT OR CLARIFCATION OF THE POLICY AND REAFFIRMS THE CONFLICT OF INTEREST POLICY FOR ANOTHER YEAR. Part VI, Line 15 THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR FOR EACH NEW FISCAL YEAR AND ASKS THE FULL BOARD OF DIRECTORS TO CONFIRM THE ANNUAL COMPENSATION THROUGH A FORMAL VOTE. ADDITIONALLY THE EXECUTIVE DIRECTOR SUGGESTS ANNUAL COMPENSATION FOR INDEPENDENT CONTRACTORS BASED ON MARKET RESEARCH OF COMPENSATION FOR COMPARABLE CONTRACTORS IN THE ORGANIZATIONS REGION AND FIELD. THE BOARD OF DIRECTORS FORMALLY VOTES TO APPROVE THE COMPENSATION AMOUNTS FOR INDEPENDENT CONTRACTORS. Part VI, Line 19 HAND PAPERMAKINGS GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC THROUGH ONLINE SOURCES. AT GUIDSTAR.ORG WE HAVE POSTED ORGANIZATIONAL FINANCIALS AND GOVERNING DOCUMENTS INFORMATION ABOUT CURRENT MEMBERS OF THE BOARD BOARD OFFICERS AND CONFLICT OF INTEREST POLICY AND INFORMATION ABOUT THE ORGANIZATIONS MISSION AND PROGRAMS. THE FOLLOWING DOCUMENTS ARE AVAILABLE THROUGH THE OFFICE OF THE MINNESOTA SECRETARY OF STATE: ORIGINAL NONPROFIT INCORPORATION RECORDS AND CURRENT NONPROFIT REGISTRATION DOCUMENTATION.