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New Hope Foundation is a private corporation based in MUSCATINE, IA. The foundation received its IRS ruling in 1993. It holds total assets of $28.3M. Annual income is reported at $964K. Total assets have grown from $15.4M in 2011 to $24.1M in 2023. The foundation is governed by 13 officers and trustees. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Iowa. According to available records, New Hope Foundation has made 440 grants totaling $2.8M, with a median grant of $4K. Annual giving has decreased from $779K in 2020 to $519K in 2023. Grantmaking activity was highest in 2022 with $1.1M distributed across 160 grants. Individual grants have ranged from $500 to $60K, with an average award of $6K. The foundation has supported 99 unique organizations. The foundation primarily supports organizations in Iowa, District of Columbia, Texas, which account for 54% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
New Hope Foundation operates as a tightly held, relationship-driven private foundation anchored in Muscatine, Iowa. Its official IRS mission describes operating Octagon Place as a historical site and nature preserve, but its external grantmaking reflects a clearly defined evangelical Christian worldview: the giving portfolio spans evangelical missions, pro-family and pro-marriage organizations, religious liberty advocacy, pregnancy support centers, Christian education, and international Christian relief. Organizations that do not authentically align with these values are not a fit, regardless of outreach effort.
The foundation is structured as an invitation-only funder. IRS 990 filings consistently note that grants are made only to preselected organizations and that no formal application procedures exist. This is not a soft discouragement — it is structural and intentional. Among the 50 largest recipients in the grant database, every organization has received grants across multiple consecutive years, with top grantees like Marriage Encounter Support Foundation (6 grants, $180,000 cumulative), Alliance Defending Freedom (6 grants, $144,500), Hope International (6 grants, $144,500), and International Justice Mission (6 grants, $142,500) demonstrating long-term recurring partnerships rather than one-time awards.
The Solt family (Robert H. Solt as Chairman and Dana D. Solt as Vice Chairman) appears to represent the central governance voice, alongside President Andrea S. Wells, who has led the foundation for at least a decade at a compensation level of $167,000-$197,000 annually. Decisions appear to be made by a cohesive, stable board of 9-10 members, several of whom maintain ties to Iowa tax policy organizations such as Iowans for Tax Relief.
For any prospective recipient, the realistic path is not a cold application but a cultivated relationship. Connecting through Muscatine-area faith communities, United Methodist Church networks, or mutual contacts within the existing grantee roster offers the most credible introduction. Organizations already funded by aligned funders — such as Hope International, International Justice Mission, or Alliance Defending Freedom — carry implicit credibility in this funder's eyes and may provide useful referral pathways.
The foundation thinks in two geographic tiers: local Muscatine County organizations for community-oriented grants, and a national or international lens for evangelical Christian causes headquartered primarily in Washington D.C., Texas, and Virginia. First-time outreach should identify which tier is most relevant and frame mission accordingly.
New Hope Foundation's external grantmaking has ranged from $384,700 (2019) to $570,750 (2022) annually across the five most recent fiscal years in the database, averaging approximately $454,000 per year. Total giving — including operating programs at Octagon Place ($250,372), the Sunset Drive Nature Preserve ($39,401), United Marriage Encounter support ($31,270), and community outreach ($106,229) — pushes full annual expenditure above $1 million consistently: $1.17M in 2023, $1.18M in 2022, and $1.03M in 2021.
Individual grant sizes vary widely. The database records a median grant of $2,000, a mean of $5,645-$6,469, and a reported typical range of $500 to $60,000. The largest recurring awards go to the foundation's highest-trust partners: Marriage Encounter Support Foundation averages $30,000 per grant; Alliance Defending Freedom, Hope International, and International Justice Mission each average roughly $24,000 per grant. These represent the upper tier. Local Muscatine organizations receive mid-range consistent support: Muscatine Center for Social Action ($87,000 over 6 grants, avg. $14,500), Muscatine Community YMCA ($70,000 over 6 grants), and Rebuilding Together Muscatine County ($40,500 over 5 grants).
The foundation's thematic breakdown, derived from grant purpose descriptions across 440 recorded grants, reveals five primary funding streams: (1) religious/evangelical causes including missions, Bible translation, and church renewal, which represent the plurality of grant dollars; (2) pro-family and pro-marriage programming; (3) human rights and religious liberty advocacy (Alliance Defending Freedom, International Justice Mission, Becket Fund for Religious Liberty); (4) help for the poor, both local (Riverbend Food Bank, Rebuilding Together) and international (Matthew 25 Ministries, World Relief, Samaritan's Purse); and (5) pregnancy support and sanctity-of-life causes (Innervisions Healthcare, Pregnancy Resources, Birthright of Blackhawk County).
Geographically, Iowa dominates with 178 of the state-coded grants, followed by Washington D.C.-based advocacy organizations (34 grants), Texas (24), Virginia (22), and Ohio (21). The D.C. concentration reflects national advocacy grantees. The foundation's endowment generated net investment income of $722,000 in 2022 and $962,000 in 2023, funding operations without any outside contributions in recent years.
No peer foundations are listed in the Granted database for New Hope Foundation. The following comparison draws on publicly available 990 data and grant research to place the foundation among comparable Iowa private funders with faith-based or community-oriented giving portfolios.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| New Hope Foundation (Muscatine, IA) | $24.1M (2023) | ~$519K external grants | Evangelical Christian, pro-family, religious liberty, poverty | Preselected only |
| Community Foundation of Greater Muscatine (IA) | ~$45M est. | ~$2M+ est. | Broad Muscatine county community needs | Open competitive |
| R.J. McElroy Trust (Waterloo, IA) | ~$80M est. | ~$3M est. | Youth education and development, Iowa-focused | Application required |
| Public Interest Institute (Iowa) | Defunct (2018) | Formerly ~$300K | Free-market policy, Iowa civic engagement | Closed |
| Blank Park Zoo Foundation (Des Moines, IA) | ~$10M est. | ~$500K est. | Wildlife, conservation, education | Invited/selective |
New Hope Foundation occupies a narrower, more ideologically defined niche than most Iowa peers. Unlike the Community Foundation of Greater Muscatine — which funds broadly across the nonprofit sector through an open application process — New Hope's conservative evangelical identity shapes every grant decision. Its assets ($24.1M) and external grant volume (~$519K) are modest by Iowa philanthropic standards but represent a significant, stable funder for values-aligned organizations. The foundation's most distinctive feature is the near-total absence of a public presence: no website, no open application, no press releases, and minimal third-party coverage — making relationship access the singular gateway to funding.
No press releases, news announcements, or media coverage specific to New Hope Foundation were found for 2025 or 2026. The foundation maintains an exceptionally low public profile: its listed website (newhopeibhc.org) redirects to an unrelated behavioral health organization in New Jersey, it has no known social media presence, and it does not issue public grant announcements or hold press events.
The most recent substantive data comes from fiscal year 2024 IRS filings as aggregated by InfluenceWatch: assets reached $24.8 million in 2024, and President Andrea S. Wells received compensation of $197,730 — an increase from $167,766 in 2021 and $171,048 in 2022, confirming her continued and valued leadership. The 2024 asset level ($24.8M) represents a recovery from the 2022 trough of $22.3M following peak assets of $27.1M in 2021.
Board composition has been stable across at least six years of 990 filings. Chairman Robert H. Solt, Vice Chairman Dana D. Solt, Vice President Daniel G. Steele, Treasurer Christopher S. Ingstad, and directors Marilyn Voorhees, Charlene Knutsen, Harry Knutsen, Thomas Norton, C. Diane Norton, and Linda Steele appear consistently — indicating no imminent leadership transition or governance restructuring.
Program operations at Octagon Place in Muscatine continue as described in 990 filings: the historical site serves as office space for local nonprofits and a nature preserve, with program expenses of approximately $250,000 annually. The Sunset Drive Nature Preserve incurs roughly $39,000 in annual maintenance. These operating programs are distinct from — and in addition to — the foundation's external grantmaking.
The single most important fact about New Hope Foundation is that it does not accept unsolicited applications. This is not a soft preference or temporary policy — it is the foundation's permanent operating model, documented in every recent IRS 990 filing. Sending an unsolicited proposal, letter of inquiry, or email to 2610 Park Ave will not produce a grant and may not receive any response.
Lead with relationship, not a proposal. The realistic path to funding begins by building genuine awareness among President Andrea S. Wells or a member of the Solt-led board before any funding conversation. Phone outreach to (563) 288-3599 — the foundation's confirmed direct number — should focus on introducing your organization's mission and demonstrating alignment, not requesting money. A brief, respectful call is more consistent with the foundation's interpersonal operating style than any written communication.
Values alignment is non-negotiable. The foundation's giving vocabulary is explicit: religious, educational, charitable, pro-marriage, human rights, evangelism, help for the poor, sanctity of life. These descriptors must authentically describe your organization's core work. Framing poverty alleviation, youth development, or international development in purely secular, programmatic terms — without a credible faith-based identity — is unlikely to resonate with this board.
Leverage existing grantee networks for introductions. Every top grantee in the database — Marriage Encounter Support Foundation, Hope International, Alliance Defending Freedom, International Justice Mission, Bible Study Fellowship, Focus on the Family — has multi-year relationships with the foundation. A warm introduction from a current grantee is far more effective than any written outreach.
Calibrate your ask to the relationship stage. Entry-level grants for new organizations appear to be $1,000-$5,000, based on patterns in the database. Established partners earning $10,000-$30,000 annually have typically maintained multi-year relationships. Do not approach with a first request above $10,000.
Avoid the defunct website. The URL newhopeibhc.org leads to a New Jersey behavioral health organization — using it for research or contact will lead to confusion. The foundation's correct address is 2610 Park Ave, Muscatine, IA 52761.
Demonstrate multi-year mission continuity. The top 20 grantees in the database have each received 4-6 grants over consecutive years. This foundation builds long-term partnerships, not one-time grants. Present a compelling 3-5 year organizational narrative.
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Smallest Grant
$500
Median Grant
$2K
Average Grant
$6K
Largest Grant
$60K
Based on 69 grants from the most recent 990-PF filing.
Operation and maintenance of octagon place, muscatine, ia as a historical site, offices for non-profit organizations, and nature preserve.
Expenses: $250K
Support for united marriage encounter, a 501(c)(3) organization, and its program services to strengthen marriage and families.
Expenses: $31K
Operation and maintenance of sunset drive nature preserve, muscatine, ia.
Expenses: $39K
Community outreach
Expenses: $106K
New Hope Foundation's external grantmaking has ranged from $384,700 (2019) to $570,750 (2022) annually across the five most recent fiscal years in the database, averaging approximately $454,000 per year. Total giving — including operating programs at Octagon Place ($250,372), the Sunset Drive Nature Preserve ($39,401), United Marriage Encounter support ($31,270), and community outreach ($106,229) — pushes full annual expenditure above $1 million consistently: $1.17M in 2023, $1.18M in 2022, and .
New Hope Foundation has distributed a total of $2.8M across 440 grants. The median grant size is $4K, with an average of $6K. Individual grants have ranged from $500 to $60K.
New Hope Foundation operates as a tightly held, relationship-driven private foundation anchored in Muscatine, Iowa. Its official IRS mission describes operating Octagon Place as a historical site and nature preserve, but its external grantmaking reflects a clearly defined evangelical Christian worldview: the giving portfolio spans evangelical missions, pro-family and pro-marriage organizations, religious liberty advocacy, pregnancy support centers, Christian education, and international Christia.
New Hope Foundation is headquartered in MUSCATINE, IA. While based in IA, the foundation distributes grants to organizations across 21 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Andrea S Wells | PRESIDENT | $171K | $8K | $193K |
| Daniel G Steele | VICE PRESIDENT | $0 | $0 | N/A |
| Dana D Solt | VICE CHAIRMAN & SECRETARY | $0 | $0 | N/A |
| Marilyn S Voorhees | DIRECTOR | $0 | $0 | N/A |
| Christopher S Ingstad | TREASURER | $0 | $0 | N/A |
| Peter Voorhees | DIRECTOR | $0 | $0 | N/A |
| Charlene Knutsen | DIRECTOR | $0 | $0 | N/A |
| Thomas K Norton | DIRECTOR | $0 | $0 | N/A |
| C Diane Norton | DIRECTOR | $0 | $0 | N/A |
| Harry L Knutsen | DIRECTOR | $0 | $0 | N/A |
| Richard R Phillips | ASST. TREASURER | $0 | $0 | N/A |
| Linda A Steele | DIRECTOR | $0 | $0 | N/A |
| Robert H Solt | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$1.2M
Total Assets
$24.1M
Fair Market Value
$23.4M
Net Worth
$24.1M
Grants Paid
$519K
Contributions
N/A
Net Investment Income
$962K
Distribution Amount
$1.1M
Total: $19.2M
Total Grants
440
Total Giving
$2.8M
Average Grant
$6K
Median Grant
$4K
Unique Recipients
99
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hope InternationalCHARITABLE, ECONOMIC DEVELOPMENT, FREE ENTERPRISE, HELP FOR THE POOR | Lancaster, PA | $28K | 2023 |
| House Of HopeCHARITABLE, EDUCATIONAL, HELP FOR THE POOR | Cedar Rapids, IA | $8K | 2023 |
| Marriage Encounter Support FoundationRELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-MARRIAGE | Muscatine, IA | $30K | 2023 |
| Alliance Defending FreedomRELIGOUS, CHARITABLE, HUMAN RIGHTS | Scottsdale, AZ | $28K | 2023 |
| International Justice MissionHUMAN RIGHTS, CHARITABLE | Washington, DC | $28K | 2023 |
| Bible Study FellowshipRELIGIOUS, CHARITABLE, EDUCATIONAL | San Antonio, TX | $20K | 2023 |
| Muscatine Center For Social ActionEDUCATIONAL, CHARITABLE, HELP FOR THE POOR | Muscatine, IA | $18K | 2023 |
| Saints Mary And Mathias Catholic SchoolRELIGIOUS, CHARITABLE, EDUCATIONAL | Muscatine, IA | $18K | 2023 |
| Des Moines Christian SchoolRELIGIOUS, CHARITABLE OR EDUCATION PURPOSES | Urbandale, IA | $18K | 2023 |
| Matthew 25 MinistriesINTERNATIONAL HUMANITARIAN AID AND DISASTER RELIEF | Cincinati, OH | $16K | 2023 |
| The Salvation ArmyCHARITABLE, RELIGIOUS, HELD FOR THE POOR | Muscatine, IA | $15K | 2023 |
| Spring Valley Bible CampCHARITABLE, EDUCATIONAL, RELIGIOUS | Muscatine, IA | $15K | 2023 |
| Innervisions HealthcarePREGNANCY SUPPORT | West Des Moines, IA | $15K | 2023 |
| Mississippi Valley FcaRELIGIOUS, CHARITABLE, EDUCATIONAL, CHRISTIAN DISCIPLESHIP | Eldridge, IA | $15K | 2023 |
| Muscatine Community YEDUCATIONAL, CHARITABLE, YOUTH, HELP FOR THE POOR | Muscatine, IA | $15K | 2023 |
| Salt Company At CornerstoneRELIGIOUS, CHARITABLE OR EDUCATIONAL | Ames, IA | $10K | 2023 |
| Alpha UsaEDUCATIONAL, CHARITABLE | Naperville, IL | $10K | 2023 |
| Rebuilding Together Muscatine County IncHELP TO REHABILITATE HOMES OF LOW INCOME HOMEOWNERS | Muscatine, IA | $9K | 2023 |
| Pregnancy ResourcesPREGNANCY SUPPORT, EDUCATION, MEDICAL COUNSELING | Davenport, IA | $9K | 2023 |
| Flickinger Learning CenterEDUCATIONAL | Muscatine, IA | $9K | 2023 |
| Doctors Without BordersHEALTH | Hagerstown, MD | $9K | 2023 |
| Birthright Of Blackhawk CountyCHARITABLE, PREGNANCY SUPPORT, SANCTITY OF LIFE | Cedar Falls, IA | $8K | 2023 |
| Jesus Mission ChurchRELIGIOUS, EDUCATIONAL, CHARITABLE, EVANGELISM, HELP FOR THE POOR | Muscatine, IA | $8K | 2023 |
| Riverbend Food BankCHARITABLE, HELP FOR THE POOR | Davenport, IA | $8K | 2023 |
| Salt Company At Mercy Hill ChurchRELIGIOUS, CHARITABLE OR EDUCATIONAL | Cincinati, OH | $8K | 2023 |
| Three Roots InternationalCHARITABLE, EDUCATIONAL, COMMUNITY DEVELOPMENT, HELP FOR THE POOR | Fairfax, VA | $8K | 2023 |
| Wesleyan Covenant AssociationRELIGIOUS, EDUCATIONAL | Reynoldsburg, OH | $8K | 2023 |
| World ReliefRELIGIOUS, CHARITABLE, HELP FOR THE POOR | Baltimore, MD | $7K | 2023 |
| Community Foundation Of Greater MuscatineCHARITABLE, FINANANCIAL EDUCATION | Muscatine, IA | $6K | 2023 |
| Hope Grafted InCHARITABLE, HELP FOR THE POOR | Leo, IN | $6K | 2023 |
| Camp CourageousCHARITABLE, CARE OF DISABLED | Monticello, IA | $5K | 2023 |
| Faithful PresenceRELIGIOUS, EDUCATION, CHRISTIAN DISCIPLESHIP | Warrenton, VA | $5K | 2023 |
| Christar International (Arab Women Today Project)MINISTRY FOR ARAB WOMEN OF ALL FAITHS | Richardson, TX | $5K | 2023 |
| Compassion InternationalCHARITABLE, RELIGIOUS, CARE FOR CHILDREN, HELP FOR THE POOR | Colorado Springs, CO | $5K | 2023 |
| Up With FamiliesEDUCATIONAL, PRO-FAMILY, COMMUNITY SERVICES | Dewitt, IA | $5K | 2023 |
| Sole HopeCHARITABLE, EDUCATIONAL, HELP FOR THE POOR | St James, MO | $5K | 2023 |
| Moody Bible InstituteRELIGOUS, EDUCATIONAL, EVANGELISM | Chicago, IL | $5K | 2023 |
| Senior ResourcesCHARITABLE, CARE FOR SENIORS | Muscatine, IA | $5K | 2023 |
| Educational Media Foundation (K-Love)CHRISTIAN RADIO | Omaha, NE | $4K | 2023 |
| Cru (Campus Crusade For Christ International)CHARITABLE, EDUCATIONAL, RELIGIOUS, HEALTH, HELP FOR THE POOR | New Cumberland, PA | $4K | 2023 |
| Summer Games UniversityRELIGIOUS, CHARITABLE OR EDUCATION PURPOSES | Davenport, IA | $4K | 2023 |
| Red Bird MissionRELIGOUS, CHARITABLE, COMMUNITY DEVELOPMENT, EDUCATIONAL, HELP FOR THE POOR | Beverly, KY | $4K | 2023 |
| Global Che EnterprisesCHRISTIAN COMMUNITY, NEIGHBORHOOD DEVELOPMENT, IMPROVEMENT | Gilbert, AZ | $4K | 2023 |
| Northwestern CollegeEDUCATIONAL, RELIGIOUS, CHRISTIAN COLLEGE | Orange City, IA | $4K | 2023 |
| Hillsdale CollegeEDUCATIONAL | Hillsdale, MI | $4K | 2023 |
| Samaritan'S PurseNON-DENOMINATIONAL EVANGELICAL CHRISTIAN RELIEF ORGANIZATION | Boone, NC | $4K | 2023 |
| Wycliffe Bible TranslatorsRELIGIOUS, EDUCATIONAL, BIBLE TRANSLATION | Orlando, FL | $4K | 2023 |
| Focus On The FamilyRELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-FAMILY | Colorado Springs, CO | $4K | 2023 |
| The NavigatorsRELIGOUS, EDUCATIONAL, CHRISTIAN DISCIPLESHIP, COMMUNITY DEVELOPMENT, HELP FOR THE POOR | Colorado Springs, CO | $4K | 2023 |
| Iowa College FoundationEDUCATIONAL, INDEPENDENT COLLEGES | Muscatine, IA | $3K | 2023 |