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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 $637K. Annual income is reported at $113K. 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 2020 to 2023. 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.
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.
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.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lawrence H Lee | PRESIDENT / | $0 | $0 | N/A |
| Linda H Lee | DIRECTOR | $0 | $0 | N/A |
| Samantha N Lee | DIRECTOR | $0 | $0 | N/A |
Total Giving
$67K
Total Assets
$680K
Fair Market Value
$1.5M
Net Worth
$680K
Grants Paid
$66K
Contributions
N/A
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 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN