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Good Hope Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2014. The principal officer is Warner Alexander. It holds total assets of $9M. Annual income is reported at $477K. Total assets have grown from $3.3M in 2014 to $8.2M in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Good Hope Foundation has made 3 grants totaling $1.4M, with a median grant of $455K. Annual giving has decreased from $455K in 2020 to $150K in 2022. Grantmaking activity was highest in 2021 with $750K distributed across 1 grants. Individual grants have ranged from $150K to $750K, with an average award of $452K. Grant recipients are concentrated in Ohio. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Good Hope Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in OH.
Good Hope Foundation has distributed a total of $1.4M across 3 grants. The median grant size is $455K, with an average of $452K. Individual grants have ranged from $150K to $750K.
Good Hope Foundation typically selects its grantees rather than accepting unsolicited proposals.
Good Hope Foundation is headquartered in WASHINGTON, DC.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gerard Alexander | PRESIDENT | $0 | $0 | N/A |
Total Giving
$74K
Total Assets
$8.2M
Fair Market Value
$9M
Net Worth
$8.2M
Grants Paid
N/A
Contributions
$361K
Net Investment Income
$794K
Distribution Amount
$393K
Total: $544K
Total Grants
3
Total Giving
$1.4M
Average Grant
$452K
Median Grant
$455K
Unique Recipients
1
Most Common Grant
$455K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Fidelity CharitableUNRESTRICTED | Cincinnati, OH | $150K | 2022 |