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Hope Exponential Family Foundation is a private corporation based in MAPLE GROVE, MN. The foundation received its IRS ruling in 2022. It holds total assets of $637K. Annual income is reported at $108K. Total assets have grown from $521K in 2021 to $637K in 2023. The foundation is governed by 3 officers and trustees. 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 2021 to 2023. According to available records, Hope Exponential Family Foundation has made 5 grants totaling $37K, with a median grant of $3K. Annual giving has decreased from $35K in 2022 to $2K in 2023. Individual grants have ranged from $2K to $15K, with an average award of $7K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Minnesota. 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.
Hope Exponential Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in MN.
Hope Exponential Family Foundation has distributed a total of $37K across 5 grants. The median grant size is $3K, with an average of $7K. Individual grants have ranged from $2K to $15K.
Hope Exponential Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Hope Exponential Family Foundation is headquartered in MAPLE GROVE, MN.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonelle Meyer | SECRETARY | $0 | $0 | N/A |
| Kurt Malcore | TREASURER | $0 | $0 | N/A |
| Paul Meyer | PRESIDENT | $0 | $0 | N/A |
Total Giving
$35K
Total Assets
$637K
Fair Market Value
$663K
Net Worth
$637K
Grants Paid
$2K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
$17K
Total: $340K
Total Grants
5
Total Giving
$37K
Average Grant
$7K
Median Grant
$3K
Unique Recipients
2
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Totino-Grace High SchoolSCHOLARSHIP | Fridley, MN | $2K | 2023 |
| Marquel KetenSCHOLARSHIP | Fridley, MN | $3K | 2022 |