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Future Hope Foundation is a private corporation based in WILMINGTON, DE. The foundation received its IRS ruling in 2008. The principal officer is % Foundation Source. It holds total assets of $807K. Annual income is reported at $130K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Future Hope Foundation has made 17 grants totaling $96K, with a median grant of $5K. Annual giving has grown from $15K in 2021 to $23K in 2023. Grantmaking activity was highest in 2022 with $58K distributed across 10 grants. Individual grants have ranged from $500 to $11K, with an average award of $6K. The foundation has supported 6 unique organizations. The foundation primarily supports organizations in Massachusetts, California, New York, which account for 82% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Future Hope Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in MA, CA, NY.
Future Hope Foundation has distributed a total of $96K across 17 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $500 to $11K.
Future Hope Foundation typically selects its grantees rather than accepting unsolicited proposals.
Future Hope Foundation is headquartered in WILMINGTON, DE. While based in DE, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| H Russel Lemcke | Dir, VP | $0 | $0 | $0 |
| Katherine Lemcke | Dir, Pres, Sec | $0 | $0 | $0 |
Total Giving
$37K
Total Assets
$807K
Fair Market Value
$855K
Net Worth
$807K
Grants Paid
$23K
Contributions
$0
Net Investment Income
$225K
Distribution Amount
$38K
Total Grants
17
Total Giving
$96K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
6
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Falmouth Service Center IncGeneral & Unrestricted | Falmouth, MA | $10K | 2023 |
| V-DayCity of Joy Fund | San Francisco, CA | $7K | 2023 |
| Wild Bird Fund IncGeneral & Unrestricted | New York, NY | $5K | 2023 |
| International Fund For Animal Welfare IncGeneral & Unrestricted | Yarmouth Port, MA | $500 | 2023 |
| Americares Foundation IncUkrainian refugee fund | Stamford, CT | $5K | 2022 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Wings For Falmouth Families IncGeneral & Unrestricted | Falmouth, MA | $3K | 2022 |
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