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Hopedale Foundation is a private trust based in HOPEDALE, MA. The foundation received its IRS ruling in 1949. It holds total assets of $13.4M. Annual income is reported at $672K. GRANTS TO RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ORGANIZATIONS. According to available records, Hopedale Foundation has made 52 grants totaling $1.1M, with a median grant of $5K. The foundation has distributed between $538K and $584K annually from 2020 to 2022. Individual grants have ranged from $1K to $300K, with an average award of $22K. The foundation has supported 41 unique organizations. Grant recipients are concentrated in Massachusetts. Contributions to this foundation are tax-deductible.
GRANTS TO RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ORGANIZATIONS
Expenses: $372K
LOANS TO COLLEGE STUDENTS WHO GRADUATED FROM HOPEDALE HIGH SCHOOL
Expenses: $166K
GRANTS TO RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL ORGANIZATIONS. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in MA.
Hopedale Foundation has distributed a total of $1.1M across 52 grants. The median grant size is $5K, with an average of $22K. Individual grants have ranged from $1K to $300K.
STUDENT LOANS ARE RESTRICTED TO HOPEDALE HIGH SCHOOL GRADUATES. GRANTS TO CHARITABLE ORIGANZIATIONS ARE RESTRICTED TO THOSE HAVING AN IMPACT ON THE LOCAL AREA. SCHOLARSHIPS ARE LIMITED TO GRADUATES OF HOPEDALE HIGH SCHOOL.
Hopedale Foundation is headquartered in HOPEDALE, MA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Peter S Ellis | CHAIRMAN/TRUSTEE | $0 | $0 | $0 |
| Vincent J Arone Sr | TRUSTEE EMERITUS | $0 | $0 | $0 |
| W Gregory Burrill | VICE CHAIRMAN/TRUSTEE | $0 | $0 | $0 |
| Alfred H Sparling Jr | TRUSTEE | $0 | $0 | $0 |
| Steven G Ellis | SECRETARY/TRUSTEE | $0 | $0 | $0 |
Total Giving
$541K
Total Assets
$11.5M
Fair Market Value
$11.5M
Net Worth
$11.5M
Grants Paid
$473K
Contributions
$1K
Net Investment Income
$520K
Distribution Amount
$532K
Total: $0
Total Grants
52
Total Giving
$1.1M
Average Grant
$22K
Median Grant
$5K
Unique Recipients
41
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hopedale Community HouseGENERAL OPERATIONS | Hopedale, MA | $300K | 2022 |
| Education Loans GrantedSTUDENT LOANS | Hopedale, MA | $163K | 2022 |
| Sarge GarvinSCHOLARSHIP | Hopedale, MA | $10K | 2022 |
| Lillian ChanSCHOLARSHIP | Hopedale, MA | $10K | 2022 |
| Charlotte SheldrakeSCHOLARSHIP | Hopedale, MA | $10K |
HOPEDALE, MA
WESTFIELD, MA
MILFORD, MA
CHARLOTTE, NC
TEANECK, NJ
| Vicent J Arone Jr |
| TRUSTEE/TREASURER |
| $0 |
| $0 |
| $0 |
| Christine H Burke | TRUSTEE | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2022 |
| Emily HaganSCHOLARSHIP | Hopedale, MA | $10K | 2022 |
| Nathaniel HallSCHOLARSHIP | Hopedale, MA | $10K | 2022 |
| Mayflower Council Boy Scouts Of AmericaCAPITAL CAMPAIGN | Framingham, MA | $8K | 2022 |
| Dylan OrchardSCHOLARSHIP | Hopedale, MA | $5K | 2022 |
| The Claflin Hill Music Performance Found IncSUPPORT CONCERT | Milford, MA | $5K | 2022 |
| Milford Salvation ArmyGENERAL OPERATIONS | Milford, MA | $5K | 2022 |
| Samantha PannenborgSCHOLARSHIP | Hopedale, MA | $5K | 2022 |
| Jared MorrisSCHOLARSHIP | Hopedale, MA | $5K | 2022 |
| Sophia BucciSCHOLARSHIP | Hopedale, MA | $5K | 2022 |
| Whitin Community CenterGENERAL OPERATIONS | Whitinsville, MA | $4K | 2022 |
| Logan KingSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Anna MartinSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Elora LoughlinSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Ashley KingSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Anthonly FaathSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Anna DykhoffSCHOLARSHIP | Hopedale, MA | $3K | 2022 |
| Museum Of ScienceGENERAL OPERATIONS | Boston, MA | $3K | 2022 |
| New England AquariumGENERAL OPERATIONS | Boston, MA | $3K | 2022 |
| Friends Of The Hopedale LibraryGENERAL OPERATIONS | Hopedale, MA | $2K | 2022 |
| WgbhRALPH LOWELL SOCIETY | Boston, MA | $2K | 2022 |
| American Legion Auxiliary Unit 59GENERAL OPERATIONS | Hopedale, MA | $2K | 2022 |
| Bancroft Memorial LibraryGENERAL OPERATIONS | Hopedale, MA | $1K | 2022 |
| Milford Regional Medical CenterBUILDING ADDITION | Milford, MA | $135K | 2020 |
| Milford Regional Healthcare FoundationCAPITAL CAMPAIGN | Milford, MA | $10K | 2020 |
| Town Of MilfordDRAPER PARK REVITALIZATION | Milford, MA | $10K | 2020 |
| New Hope IncCAPITAL CAMPAIGN | Attleboro, MA | $10K | 2020 |
| Maya NollingSCHOLARSHIP | Hopedale, MA | $5K | 2020 |
| Madison TuckerSCHOLARSHIP | Hopedale, MA | $5K | 2020 |
| Zoe AthanasopoulosSCHOLARSHIP | Hopedale, MA | $5K | 2020 |
| Tyler CorreaSCHOLARSHIP | Hopedale, MA | $5K | 2020 |
| Annabelle O'ReillySCHOLARSHIP | Hopedale, MA | $3K | 2020 |
| Molly ParkerSCHOLARSHIP | Hopedale, MA | $3K | 2020 |
| Kiera SeaverSCHOLARSHIP | Hopedale, MA | $3K | 2020 |
| Kathryn HockenburySCHOLARSHIP | Hopedale, MA | $3K | 2020 |
| Evan MaliaSCHOLARSHIP | Hopedale, MA | $3K | 2020 |
| Chloe PigeonSCHOLARSHIP | Hopedale, MA | $3K | 2020 |
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