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Foundation For Hope is a private corporation based in BEDFORD, VA. The foundation received its IRS ruling in 2002. The principal officer is Lewis L Thomas. It holds total assets of $22K. Annual income is reported at $129K. Total assets have grown from $16K in 2011 to $20K in 2023. The foundation is governed by 2 officers and trustees. Mission trip to Romania to promote the gospel of Jesus Christ by distribution of Christian literature and medical supplies to those in need. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Foundation For Hope has made 15 grants totaling $130K, with a median grant of $2K. Annual giving has grown from $27K in 2020 to $74K in 2022. Individual grants have ranged from $100 to $71K, with an average award of $9K. The foundation has supported 11 unique organizations. Grants have been distributed to organizations in Virginia and New York and Colorado. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$7K
Largest Grant
$22K
Based on 4 grants from the most recent 990-PF filing.
Mission trip to Romania to promote the gospel of Jesus Christ by distribution of Christian literature and medical supplies to those in need.
Expenses: $44K
Mission trip to Romania to promote the gospel of Jesus Christ by distribution of Christian literature and medical supplies to those in need. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in VA, NY, CO.
Foundation For Hope has distributed a total of $130K across 15 grants. The median grant size is $2K, with an average of $9K. Individual grants have ranged from $100 to $71K.
Foundation For Hope is a private foundation. To inquire about grants, you can look up the foundation using their EIN (010724780) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Foundation For Hope is headquartered in BEDFORD, VA. While based in VA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lewis L Thomas | Pres.& Dir | $0 | $0 | N/A |
| Mary C Thomas | Sec. & Dir | $0 | $0 | N/A |
Total Giving
$93K
Total Assets
$20K
Fair Market Value
$20K
Net Worth
$20K
Grants Paid
$45K
Contributions
$91K
Net Investment Income
N/A
Distribution Amount
$879
Total Grants
15
Total Giving
$130K
Average Grant
$9K
Median Grant
$2K
Unique Recipients
11
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope Baptist AssociationTO PROMOTE THEGOSPEL OF CHRIST | Bihor Romania, VA | $71K | 2022 |
| Temple Baptist ChurchTO PROMOTE THEGOSPEL OF CHRIST | Madison Heights, VA | $3K | 2022 |
| Salt & Light MinistriesTO PROMOTE THEGOSPEL OF CHRIST | Madison Heights, VA | $350 | 2022 |
| Timberlake Christian SchoolsTO PROMOTE THEGOSPEL OF CHRIST | Forest, VA | $250 | 2022 |
| Temple Christian SchoolTO PROMOTE THEGOSPEL OF CHRIST | Madison Heights, VA | $100 | 2022 |
| Elon Baptist ChurchTO PROMOTE THEGOSPEL OF CHRIST | Madison Heights, VA | $3K | 2021 |
| Longwood Ave Baptist ChurchTO PROMOTE THEGOSPEL OF CHRIST | Bedford, VA | $3K | 2021 |
| Focus On The FamilyTO PROMOTE THEGOSPEL OF CHRIST | Colorado Springs, CO | $100 | 2021 |
| Chosen People MinistriesTO PROMOTE THEGOSPEL OF CHRIST | New York, NY | $100 | 2021 |
| Forest Baptist ChurchTO PROMOTE THEGOSPEL OF CHRIST | Forest, VA | $3K | 2020 |
| Dumbrava Home For Abandoned ElderlyTO PROMOTE THEGOSPEL OF CHRIST | Bihor Romania, VA | $2K | 2020 |