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Hoops Family Foundation is a private corporation based in DENVER, CO. The foundation received its IRS ruling in 2011. It holds total assets of $15K. Annual income is reported at $113K. Total assets have decreased from $413K in 2011 to $15K in 2024. The foundation is governed by 2 officers and trustees. The foundation is involved in the underwriting and selection of various charitable activies including religious, welfare, education and resources. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2024. Funding is distributed across 4 states, including Colorado, Tennessee, Illinois. According to available records, Hoops Family Foundation has made 13 grants totaling $328K, with a median grant of $20K. Annual giving has grown from $88K in 2021 to $240K in 2022. Individual grants have ranged from $3K to $50K, with an average award of $25K. The foundation has supported 9 unique organizations. The foundation primarily supports organizations in Colorado, Utah, Delaware, which account for 77% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$25K
Based on 7 grants from the most recent 990-PF filing.
The foundation is involved in the underwriting and selection of various charitable activies including religious, welfare, education and resources.
Expenses: $923
The foundation is involved in the underwriting and selection of various charitable activies including religious, welfare, education and resources. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in CO, UT, DE.
Hoops Family Foundation has distributed a total of $328K across 13 grants. The median grant size is $20K, with an average of $25K. Individual grants have ranged from $3K to $50K.
Hoops Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hoops Family Foundation is headquartered in DENVER, CO. While based in CO, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Hoops | TREASURER/ S | $0 | $0 | N/A |
| Traci Hoops | PRESIDENT | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$15K
Fair Market Value
N/A
Net Worth
$15K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$328K
Average Grant
$25K
Median Grant
$20K
Unique Recipients
9
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Impact Charitable501(C)(3) CHARITABLE PURPOSE | Denver, CO | $50K | 2022 |
| Zumi Ltd501(C)(3) CHARITABLE PURPOSE | Salt Lake City, UT | $50K | 2022 |
| Justice Defenders501 (C)(3) CHARITABLE PURPOSE | Claymont, DE | $20K | 2022 |
| Defy Colorado501(C)(3) CHARITABLE PURPOSE | Denver, CO | $25K | 2021 |
| Thrive Coloradoorg501 (C)(3) CHARITABLE PURPOSE | Lafayette, CO | $15K | 2021 |
| Blood Water501 (C)(3) CHARITABLE PURPOSE | Nashville, TN | $10K | 2021 |
| University Of Chicago501 (C)(3) CHARITABLE PURPOSE | Chicago, IL | $10K | 2021 |
| Kyaninga Child Development Center501(C)(3) CHARITABLE PURPOSE | Bethesda, MD | $10K | 2021 |
| Denver Rescue Mission501(C)(3) CHARITABLE PURPOSE | Denver, CO | $3K | 2021 |