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Acres Of Hope is a private association based in LEXINGTON, KY. The foundation received its IRS ruling in 2021. The principal officer is Lea M Morgan. It holds total assets of $2K. Annual income is reported at $48K. Total assets have grown from $2K in 2021 to $2K in 2024. The foundation is governed by 3 officers and trustees. In December 2022, Acres of Hope volunteers took a large group of at risk young men to a professional basketball game out of town. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. According to available records, Acres Of Hope has made 27 grants totaling $42K, with a median grant of $1K. Annual giving has grown from $5K in 2021 to $8K in 2023. Grantmaking activity was highest in 2022 with $29K distributed across 18 grants. Individual grants have ranged from N/A to $5K, with an average award of $2K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Kentucky, Georgia, Ohio, which account for 74% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Acres of Hope provides year-round, ongoing mentoring and support for specific young men and women in the Lexington, KY regional area. Mentoring and support activities include providing meals, clothing, shelter, group activities, and other basic living expenses.
Expenses: $18K
Acres of Hope partners with the football team of Bryan Station Middle School in Lexington, KY. As a part of this relationship, volunteers mentor and support several specific young men on the team and the team as a whole. In June 2023, the charity provided new helmets and safety equipment for the team.
Expenses: $8K
In December 2023, Acres of Hope paid rent directly to Henson Investment Properties LLC in Lexington, KY, on behalf of Claude and C.J. Jackson, who are a father and son mentored by Acres of Hope volunteers.
Expenses: $2K
Acres of Hope supports the local Catholic Action Center (CAC) with food and supplies as needed. The CAC is a shelter offering meals, restrooms, telephones, clothing, overnight accommodations, and connection to other local services for the homeless and disenfranchised community in Lexington, KY.
Expenses: $2K
In December 2022, Acres of Hope volunteers took a large group of at risk young men to a professional basketball game out of town. Based on available records, the foundation has funded 27 grants. Its grantmaking reaches organizations primarily in KY, GA, OH.
Acres Of Hope has distributed a total of $42K across 27 grants. The median grant size is $1K, with an average of $2K. Individual grants have ranged from N/A to $5K.
Acres Of Hope typically selects its grantees rather than accepting unsolicited proposals.
Acres Of Hope is headquartered in LEXINGTON, KY. While based in KY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lea M Morgan | President | $0 | $0 | N/A |
| Joseph S Morgan | Director | $0 | $0 | N/A |
| Tanner S Morgan | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$2K
Fair Market Value
N/A
Net Worth
$2K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
27
Total Giving
$42K
Average Grant
$2K
Median Grant
$1K
Unique Recipients
16
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Revive Transitional HousingFunds were given to Revive Transitional Housing to support its mission to provide housing for at-risk youth. | Nicholasville, KY | $3K | 2023 |
| Revive Ministries IncFunds were given to Revive Ministries, Inc. to support its drug and alcohol addiction treatment programs. | Nicholasville, KY | $2K | 2023 |
| Young LifeFunds were given to Young Life to support its programs that have a direct impact on the young people served by Acres of Hope. | Colorado Springs, CO | $1K | 2023 |
| Lexington Leadership FoundationFunds were given to the Lexington Leadership Foundation to support its programs that have a direct impact on the individuals served by Acres of Hope. | Lexington, KY | $1K | 2023 |
| The Stone ChurchFunds were given to The Stone Church to support its ministries and food bank program. | Cartersville, GA | $1K | 2023 |
| Common GoodFunds were given to Common Good to support its local after-school and community building programs. | Lexington, KY | $510 | 2023 |
| Have DreamsFunds were given to Have Dreams, which is an organization that serves the autism community. | Park Ridge, IL | $103 | 2023 |
| Samaritan'S PurseFunds were given to Samaritan's Purse in support of its annual Operation Christmas Child program. | Boone, NC | N/A | 2023 |
| Cincy4ukraineFunds were given to Cincy4ukraine to support Ukranian relief organizations that are providing humanitarian aid. | Cincinnati, OH | $2K | 2022 |
| Blue Grass Christian CampFunds were given to Blue Grass Christian Camp to support its scholarship program that provides assistance for children to attend camps and events. | Lexington, KY | $2K | 2022 |
| Sanders Brown Center On AgingFunds were given to the Sanders Brown Center on Aging at the University of Kentucky to support its programs that have a direct impact on the Central Kentucky community. | Lexington, KY | $2K | 2022 |
| The Home Depot FoundationFunds were given to a local Home Depot that was accepting donations for Eastern Kentucky flood relief in order to provide clean up supplies to flood victims. | Atlanta, GA | $2K | 2022 |
| Bryan Station Middle SchoolFunds were given to the football program at Bryan Station Middle School to support the football team of young men served by Acres of Hope. | Lexington, KY | $1K | 2022 |
| Free Wheelchair MissionFunds were given to the Free Wheelchair Mission to support its programs that provide wheelchairs to people in third world countries. | Irvine, CA | $600 | 2022 |
| Embrace ChurchFunds were given to Embrace Church to support its food bank programs that have a direct impact on the individuals served by Acres of Hope. | Lexington, KY | $500 | 2022 |
| Donnie Lori DraperFunds were provided to pay mortgage and utility bills while Donnie Draper was seeking new employment after an unexpected job loss. | Lexington, KY | $5K | 2021 |