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New Hope Foundation Inc. is a private corporation based in FORT WAYNE, IN. The foundation received its IRS ruling in 2009. The principal officer is % Lawrence H Lee. It holds total assets of $653K. Annual income is reported at $101K. The foundation operates in the area of philanthropy & grantmaking. According to available records, New Hope Foundation Inc. has made 5 grants totaling $339K, with a median grant of $66K. Annual giving has grown from $55K in 2020 to $66K in 2023. Grantmaking activity was highest in 2022 with $155K distributed across 2 grants. Individual grants have ranged from $55K to $77K, with an average award of $68K. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
New Hope Foundation Inc. 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 IN.
New Hope Foundation Inc. has distributed a total of $339K across 5 grants. The median grant size is $66K, with an average of $68K. Individual grants have ranged from $55K to $77K.
New Hope Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
New Hope Foundation Inc. is headquartered in FORT WAYNE, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lawrence H Lee | PRESIDENT / | $0 | $0 | $0 |
| Linda H Lee | DIRECTOR | $0 | $0 | $0 |
| Samantha N Lee | DIRECTOR | $0 | $0 | $0 |
Total Giving
$67K
Total Assets
$680K
Fair Market Value
$1.5M
Net Worth
$680K
Grants Paid
$66K
Contributions
$0
Net Investment Income
$25K
Distribution Amount
$72K
Total: $649K
Total Grants
5
Total Giving
$339K
Average Grant
$68K
Median Grant
$66K
Unique Recipients
1
Most Common Grant
$77K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| VariousASSISTANCE | Fort Wayne, IN | $66K | 2023 |
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