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Well Of Hope Inc. is a private corporation based in HILLSBORO, MO. The foundation received its IRS ruling in 2018. The principal officer is Alvie M Smith. It holds total assets of $91K. Annual income is reported at N/A. Total assets have decreased from $123K in 2021 to $91K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of community development. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2023. According to available records, Well Of Hope Inc. has made 13 grants totaling $53K, with a median grant of $3K. Annual giving has decreased from $43K in 2021 to $10K in 2022. Individual grants have ranged from $100 to $15K, with an average award of $4K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Illinois, Tennessee, Missouri, which account for 69% of all grants. Grantmaking reaches organizations across 6 states. 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.
Well Of Hope Inc. primarily funds organizations in the area of community development. Based on available records, the foundation has funded 13 grants. Its grantmaking reaches organizations primarily in IL, TN, MO.
Well Of Hope Inc. has distributed a total of $53K across 13 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $100 to $15K.
Well Of Hope Inc. typically selects its grantees rather than accepting unsolicited proposals.
Well Of Hope Inc. is headquartered in HILLSBORO, MO. While based in MO, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alvie Smith | PRESIDENT | $0 | $0 | N/A |
| Valerie Smith | SECRETARY | $0 | $0 | N/A |
| John Schnurbusch | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$91K
Fair Market Value
$91K
Net Worth
$91K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
13
Total Giving
$53K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
12
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Church Of GodFUNERAL EXPENSES | Cleveland, TN | $4K | 2021 |
| Parks Brothers Funeral HomeASSIST THE LESS FORTUNATE WITH FUNERAL COSTS | Prague, OK | $5K | 2022 |
| Stonefort Baptist ChurchGENERAL SUPPORT | Stonefort, IL | $15K | 2021 |
| Church TrainerGENERAL SUPPORT | Georgetown, TN | $10K | 2021 |
| Rose Of SharonGENERAL SUPPORT | De Soto, MO | $5K | 2021 |
| Taylor MaupinSCHOOL | Wildwood, FL | $3K | 2021 |
| Rob DeveneySCHOOL | St Louis, MO | $3K | 2021 |
| Hunter RaburnGENERAL SUPPORT | St Charles, MO | $2K | 2021 |
| Kentucky Strong BenefitTORNADO RELIEF | Elizabethtown, KY | $1K | 2021 |
| Samaritan Outreach CenterGENERAL SUPPORT | West Plains, MO | $500 | 2021 |
| Texas County FoodFOOD | Houston, MO | $500 | 2021 |
| Twin Rivers School Of LeadershipGENERAL SUPPORT | St Louis, MO | $100 | 2021 |