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Source Of Hope Foundation is a private trust based in NEW YORK, NY. The foundation received its IRS ruling in 2009. The principal officer is Stephen Robert. It holds total assets of $2.5M. Annual income is reported at $635K. The foundation is governed by 2 officers and trustees. Tax records are available from 2016 to 2023. Funding is distributed across 9 states, including International, Bahamas, Colombia. According to available records, Source Of Hope Foundation has made 19 grants totaling $1.1M, with a median grant of $30K. Individual grants have ranged from $1K to $300K, with an average award of $60K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in New York, New Hampshire, Rhode Island, which account for 58% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
## Approach Strategy
Source of Hope Foundation is a New York-based private foundation founded by Stephen Robert (investment banker, former Brown University chancellor) and Pilar Crespi Robert. With $2.5M in assets and a diverse portfolio of international grantees spanning 7 countries/regions, this foundation operates through an influential philanthropist network rather than an open application process.
The foundation's international portfolio is curated and relationship-driven. They work with elite humanitarian organizations (MercyCorps, Partners in Health) as well as smaller, specialized organizations in conflict zones (Hand-in-Hand, B'Tselem, Polyphony, Just Vision). Their Israel/Palestine portfolio is particularly distinctive — supporting organizations working toward Israeli-Palestinian coexistence and human rights on both sides.
The Haiti work shows deep engagement: not just emergency response but multi-year hospital infrastructure investment (Mirebalais Hospital, regional clinical laboratory). This suggests they're willing to make major, multi-year commitments to transformational projects with proven implementing partners.
For international development organizations, the best approach is through personal connections in New York philanthropic circles, particularly those connected to investment banking, Brown University, or New York arts/culture philanthropy (Pilar Crespi Robert's background).
## Funding Patterns
## Peer Comparison
Source of Hope Foundation occupies a niche among NYC-based international development foundations with a distinctive Israel/Palestine coexistence focus:
What distinguishes Source of Hope: (1) the naming of the Haiti laboratory after the founders (Stephen Robert and Pilar Crespi Robert Regional Reference Laboratory) indicates major long-term commitment; (2) the Israel/Palestine portfolio is unusually balanced — funding organizations working with both communities; (3) Colombia engagement exceeding 10 years shows remarkable grantee loyalty; (4) the MercyCorps partnership across multiple countries (Bahamas, Ethiopia, Jordan, Palestine) suggests a deep institutional relationship.
## Recent Activity
## Application Tips
Source of Hope Foundation does not accept unsolicited grant applications. The foundation is privately operated by Stephen Robert and Pilar Crespi Robert and works through established relationships with implementing partners.
For International Development Organizations:
The most likely pathway to engagement is through:
1. MercyCorps Network: The foundation has a multi-country relationship with MercyCorps. Organizations with partnership relationships with MercyCorps may gain indirect visibility.
2. Partners in Health Network: Major ongoing Haiti investment through PIH. Organizations in the PIH ecosystem may have access.
3. Israel/Palestine Peace and Human Rights Organizations: This is Source of Hope's most distinctive giving area. Organizations working on Israeli-Palestinian coexistence, non-violent conflict resolution, or human rights documentation on both sides may be of particular interest. The foundation has funded Hand-in-Hand (integrated education), B'Tselem (human rights), Parent's Circle (reconciliation), Polyphony (music/coexistence), and Just Vision (media).
4. Brown University Connections: Stephen Robert's Brown University chancellorship may create connections to Brown-affiliated researchers and organizations working on global development.
5. New York Philanthropic Events: Stephen Robert and Pilar Crespi Robert move in New York philanthropic circles, including arts/culture and investment banking philanthropy.
Note: Website contact/about pages are not fully functional. Foundation appears to operate through direct relationships rather than web-based outreach.
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Smallest Grant
$1K
Median Grant
$45K
Average Grant
$132K
Largest Grant
$1.5M
Based on 18 grants from the most recent 990-PF filing.
Major grants to established NGOs for humanitarian crises and development. Past grantees and countries: Bahamas (Hurricane Dorian relief via MercyCorps), Colombia (Juan Felipe Gomez Escobar Foundation/JUANFE - teenage mothers education, 20,000 patients/year), Ethiopia (MercyCorps clean water for 100,000 residents, schools for women), Haiti (Partners in Health hospital construction, state-of-art Mirebalais Hospital, CT scanner, clinical labs), Israel/Palestine (Hand-in-Hand integrated schools, B'Tselem human rights documentation, Parent's Circle reconciliation, Polyphony music education, Just Vision media, St. John Eye Hospital), Jordan (unspecified), United States (unspecified).
## Funding Patterns - Asset Base: ~$2.51 million (EIN 26-4380918, New York NY) - Founders: Stephen Robert (investment banker, former Brown University chancellor) and Pilar Crespi Robert - Grant Model: Preselected — works through established relationships with major NGOs - Geographic Scope: International (7 countries/regions) + United States - Primary Partners: MercyCorps, Partners in Health, Juan Felipe Foundation, Hand-in-Hand - Thematic Focus: Disaster relief, clean water, healthcare infrastr.
Source Of Hope Foundation has distributed a total of $1.1M across 19 grants. The median grant size is $30K, with an average of $60K. Individual grants have ranged from $1K to $300K.
## Approach Strategy Source of Hope Foundation is a New York-based private foundation founded by Stephen Robert (investment banker, former Brown University chancellor) and Pilar Crespi Robert. With $2.5M in assets and a diverse portfolio of international grantees spanning 7 countries/regions, this foundation operates through an influential philanthropist network rather than an open application process.
Source Of Hope Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Stephen Robert | TRUSTEE | $0 | $0 | N/A |
| Pilar Crespi Robert | TRUSTEE | $0 | $0 | N/A |
Total Giving
$1.4M
Total Assets
$3.5M
Fair Market Value
$4.6M
Net Worth
$3.5M
Grants Paid
$1.1M
Contributions
$992K
Net Investment Income
$1.2M
Distribution Amount
$175K
Total: $313K
Total Grants
19
Total Giving
$1.1M
Average Grant
$60K
Median Grant
$30K
Unique Recipients
14
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Phillips Exeter AcademyTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Exeter, NH | $300K | 2023 |
| Brown University Of ProvidenceTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Providence, RI | $200K | 2023 |
| Solomon Guggenheim FoundationTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | New York, NY | $150K | 2023 |
| Partners In HealthTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Brewer, ME | $100K | 2023 |
| Henry Street SettlementTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | New York, NY | $100K | 2023 |
| Juan Felipe Gomez Escobar Foundation IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Key Biscayne, FL | $40K | 2023 |
| American Friends Of The Parents Circle Families ForumTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | New York, NY | $40K | 2023 |
| P E F Israel Endowment Funds IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | New York, NY | $40K | 2023 |
| Hand In Hand IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Pittsburgh, PA | $30K | 2023 |
| Btselem IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Washington, DC | $30K | 2023 |
| J Street Education Fund IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Washington, DC | $25K | 2023 |
| Just Vision IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Washington, DC | $20K | 2023 |
| Friends Of Incontri In Terra Di Siena IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Encino, CA | $11K | 2023 |
| Casita Maria IncTHE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | Bronx, NY | $1K | 2023 |