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Also known as: C/O NARENDRA AND JYOTI POPAT
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The Hope Foundation-Usa 1999 Trust is a private trust based in CONCORD, MA. The foundation received its IRS ruling in 2001. The principal officer is Narendra And Jyoti Popat. It holds total assets of $4.6M. Annual income is reported at $587K. Total assets have grown from $2.7M in 2011 to $4.8M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, The Hope Foundation-Usa 1999 Trust has made 26 grants totaling $540K, with a median grant of $10K. Annual giving has grown from $229K in 2021 to $311K in 2022. Individual grants have ranged from $1K to $101K, with an average award of $21K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Massachusetts, Maryland, Pennsylvania, which account for 69% of all grants. Grantmaking reaches organizations across 9 states.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$16K
Largest Grant
$77K
Based on 14 grants from the most recent 990-PF filing.
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.
The Hope Foundation-Usa 1999 Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 26 grants. Its grantmaking reaches organizations primarily in MA, MD, PA.
The Hope Foundation-Usa 1999 Trust has distributed a total of $540K across 26 grants. The median grant size is $10K, with an average of $21K. Individual grants have ranged from $1K to $101K.
The Hope Foundation-Usa 1999 Trust typically selects its grantees rather than accepting unsolicited proposals.
The Hope Foundation-Usa 1999 Trust is headquartered in CONCORD, MA. While based in MA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jyoti Popat | TRUSTEE | $0 | $0 | N/A |
| Narendra Popat | TRUSTEE | $0 | $0 | N/A |
Total Giving
$314K
Total Assets
$4.8M
Fair Market Value
$4.6M
Net Worth
$4.8M
Grants Paid
$295K
Contributions
N/A
Net Investment Income
$78K
Distribution Amount
$249K
Total: $3.5M
Total Grants
26
Total Giving
$540K
Average Grant
$21K
Median Grant
$10K
Unique Recipients
22
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Samerth UsaVARIOUS | Doylestown, PA | $101K | 2022 |
| India Development & Relief FundHUMANITARIAN | North Bethesda, MD | $74K | 2022 |
| Misc ContributionsVARIOUS | Various, MA | $61K | 2022 |
| South Middlesex Opportunity CouncilHUMAN SERVICE | Framingham, MA | $40K | 2022 |
| Eden IncENVIRONMENTAL | Wheaton, IL | $12K | 2022 |
| Chinmaya Mission Of BostonVARIOUS | Andover, MA | $10K | 2022 |
| Vipassana Meditation CenterVARIOUS | Shelburne Falls, MA | $5K | 2022 |
| Massachusetts General HospitalVARIOUS | Boston, MA | $5K | 2022 |
| Access BrailleEDUCATION | Cupertino, CA | $1K | 2022 |
| Santa Clara Valley Science And Engineering Fair AssnYOUTH DEVELOPMENT | Los Altos, CA | $1K | 2022 |
| Ria IncHUMAN SERVICE | Framingham, MA | $1K | 2022 |
| Doctors Without BordersVARIOUS | New York, NY | $1K | 2022 |
| Fidelity Charitable Gift FundVARIOUS | Boston, MA | $77K | 2021 |
| Lowell Transitional Living CenterHUMANITARIAN | Lowell, MA | $32K | 2021 |
| Sewa International IncVARIOUS | Houston, TX | $24K | 2021 |
| Premiere Charities IncVARIOUS | Claymont, DE | $18K | 2021 |
| New England Shirdi Sai ParivaarVARIOUS | Groton, MA | $9K | 2021 |
| LearnquestVARIOUS | Waltham, MA | $4K | 2021 |
| Food LinkVARIOUS | Arlington, MA | $2K | 2021 |
| Lowell General HospitalVARIOUS | Lowell, MA | $1K | 2021 |
| Walk To Cure ArthritisVARIOUS | Atlanta, GA | $1K | 2021 |
| Make A Wish FoundationVARIOUS | Boston, MA | $1K | 2021 |