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Hope Foundation is a private trust based in RIVERSIDE, RI. The foundation received its IRS ruling in 1962. It holds total assets of $3.7M. Annual income is reported at $714K. Total assets have grown from $2.4M in 2011 to $3.7M in 2024. The foundation is governed by 3 officers and trustees. Tax records are available from 2020 to 2024. According to available records, Hope Foundation has made 63 grants totaling $821K, with a median grant of $5K. Annual giving has decreased from $590K in 2022 to $231K in 2023. Individual grants have ranged from $2K to $83K, with an average award of $13K. The foundation has supported 30 unique organizations. The foundation primarily supports organizations in Rhode Island, New York, Massachusetts, which account for 68% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Hope Foundation reported 63 individual grants totaling $821,172 between 2022 and 2023 across its IRS Form 990-PF filings, with a median grant of $5,000. Half of those grants fell between $5,000 and $18,602. Its largest single grant in the record was $83,288. Its most recent available filing, for fiscal year 2023, reports $267,758 in total giving.
The largest share of grants went to organizations in RI (22 of 63), followed by NY (15) and MT (9). In total the foundation's grantees span 9 states. Of its 30 distinct grantees, 73 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were School Year Abroad ($66,961), Gallatin Valley Land Trust ($57,693) and Blue School ($50,000).
Computed from 63 individual grant records (2022–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 9 states. Source: IRS 990-PF.
Smallest Grant
$5K
Median Grant
$6K
Average Grant
$11K
Largest Grant
$67K
Based on 21 grants from the most recent 990-PF filing.
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 Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 63 grants. Its grantmaking reaches organizations primarily in RI, NY, MA.
Hope Foundation has distributed a total of $821K across 63 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $2K to $83K.
Hope Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (056006366) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Hope Foundation is headquartered in RIVERSIDE, RI. While based in RI, the foundation distributes grants to organizations across 9 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Angela B Fischer | TRUSTEE | $0 | $0 | N/A |
| Nicholas Brown | TRUSTEE | $0 | $0 | N/A |
| John C Brown Iv | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$3.7M
Fair Market Value
N/A
Net Worth
$3.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
63
Total Giving
$821K
Average Grant
$13K
Median Grant
$5K
Unique Recipients
30
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The CityOPERATING EXPENSES | New York, NY | $5K | 2023 |
| Contributions Of Less Than 5000 Detail Available Upon RequestOPERATING EXPENSES | Providence, RI | $83K | 2023 |
| DatmaOPERATING EXPENSES | New Bedford, MA | $20K | 2023 |
| Gallatin Valley Land TrustOPERATING EXPENSES | Bozeman, MT | $17K | 2023 |
| School Year AbroadOPERATING EXPENSES | North Andover, MA | $17K | 2023 |
| Practical Farmer Of IowaOPERATING EXPENSES | Ames, IA | $10K | 2023 |
| Rodale InstituteOPERATING EXPENSES | Kutztown, PA | $10K | 2023 |
| Acumen Fund IncOPERATING EXPENSES | New York, NY | $10K | 2023 |
| Preservation Society Of Newport CountyOPERATING EXPENSES | Newport, RI | $7K | 2023 |
| Preserve RiOPERATING EXPENSES | Providence, RI | $7K | 2023 |
| Planned Parenthood Of Southern NeOPERATING EXPENSES | New Haven, CT | $5K | 2023 |
| Film At Lincoln CenterOPERATING EXPENSES | New York, NY | $5K | 2023 |
| Endometriosis Research CenterOPERATING EXPENSES | Delray Beach, FL | $5K | 2023 |
| United Way RiOPERATING EXPENSES | Providence, RI | $5K | 2023 |
| Uplifting JourneysOPERATING EXPENSES | Providence, RI | $5K | 2023 |
| Issue Project RoomOPERATING EXPENSES | Brooklyn, NY | $5K | 2023 |
| Newport Art MuseumOPERATING EXPENSES | Newport, RI | $5K | 2023 |
| Film ForumOPERATING EXPENSES | New York, NY | $5K | 2023 |
| MofgaOPERATING EXPENSES | Unity, ME | $5K | 2023 |
| Blue SchoolOPERATING EXPENSES | New York, NY | $25K | 2022 |
| China ResidenciesOPERATING EXPENSES | Brooklyn, NY | $24K | 2022 |
| Redwood LibraryOPERATING EXPENSES | Newport, RI | $22K | 2022 |
| Providence Preservation SocietyOPERATING EXPENSES | Providence, RI | $10K | 2022 |
| Rhode Island Historical SocietyPUTTING DOWN ROOTS PROGRAM; OPERATING EXPENSES | Providence, RI | $6K | 2022 |
| Social Enterprise GreenhouseOPERATING EXPENSES | Providence, RI | $5K | 2022 |
| Emmanuel ChurchMUSIC PROGRAM | Newport, RI | $5K | 2022 |