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WASHINGTON, DC

Building Hope Finance

Quick Facts

EIN
200367954
Location
WASHINGTON, DC
Category
Education
Total Assets
$192.9M
Annual Income
$16.9M
IRS Ruling Year
2004
Organization Type
Corporation
Principal Officer
% Tim Merritt Vp Of Finance
Tax Deductibility
Contributions are deductible

About This Foundation

Building Hope Finance is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2004. The principal officer is % Tim Merritt Vp Of Finance. It holds total assets of $192.9M. Annual income is reported at $16.9M. The foundation operates in the area of education. Contributions to this foundation are tax-deductible.

View 990 Filings

Financial Overview

Total Giving

$7.8M

2023+11%

Total Assets

$157.1M

2023+27%

Fair Market Value

$157.1M

2023

Net Worth

$83.4M

2023

Grants Paid

$0

2023

Contributions

$0

2023

Net Investment Income

$0

2023

Distribution Amount

$0

2023

Total Giving by Year

$5.1M
11
$4.4M
12
$5.5M
13
$6M
14
$7.9M
15
$5.7M
19
$6.5M
20
$9.7M
21
$7M
22
$7.8M
23

Asset Growth

$45.7M
11
$45.6M
12
$47.6M
13
$49.2M
14
$53.2M
15
$104M
19
$134.4M
20
$124M
21
$123.6M
22
$157.1M
23

Investment Portfolio (2023)

Total: $0

Other Investments: $40.4M
Cash: $36.9M
Other Investments (52%)
Cash (48%)

Expense Breakdown (2023)

Interest$5.6M
Officer Compensation$706K
Travel & Conferences$196K
Pension & Benefits$106K
Occupancy$35K
Depreciation$27K
Accounting Fees$25K
Printing & Publications$5K
Legal Fees$645

Financial Details (2023)

Total Revenue
$39.4M
Total Expenses
$7.8M
Exempt Purpose Expenses
$2.4M
Required Distribution
$0
Undistributed Income
$0
Total Liabilities
$73.8M

Foundation Classification (2023)

Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings

990-PF Filings

Tax PeriodReturn TypeView
2023-12990PFView Filing
2022-12990PFView Filing
2021-12990PFView Filing
2020-12990PFView Filing

Filings sourced from IRS e-file index. View all on ProPublica

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