Building Hope Impact Fund Inc is a Washington, DC-based public charity that supports the development and successful operation of schools and other educational organizations across the United States. Its work includes grants, financing-related support, operational assistance, and programs that help school leaders and educators develop learning environments and educational initiatives.
Key facts about Building Hope Impact Fund Inc
In short: Building Hope Impact Fund Inc gave $170K across 14 grants in 2024 (avg $12K), top state Florida. Source: 2024 IRS Form 990.
- EIN
- 88-2703870
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $170,000
- Grants made (2024)
- 14
- Average grant
- $12,143
- Median grant
- $10,000
- Total assets
- $107,485
- Primary geography
- Florida (18% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated October 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$107K
-41.8% YoY
Annual Giving
$170K
+6.3% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$12K
-8.9% YoY
How Building Hope Impact Fund Inc gives
- 0% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The organization’s stated mission is to support the development and successful operation of schools and other educational organizations nationwide, including charter, private and other grade schools, microschools, colleges, and universities, and to connect, collaborate, and celebrate education. Its filing describes a particular focus on regions inhabited by low-income, minority, or other historically disadvantaged groups.
Its stated activities include providing grants, program-related investments, and credit enhancements or guarantees; managing grant programs and revolving loan funds; and providing schools with operational and facilities-related support. Its filing also describes programs related to academic achievement, career exploration, access to higher education, and support for school leaders.
The 2024 grantees illustrate the range of organizations receiving support. For example, Northwest Passage High School describes its mission as rekindling hope, exploring the world, seeking a path, and building community. Arizona Autism Charter Schools says its mission is educating students with autism and related disorders. Academy for Global Citizenship describes its mission as developing mindful leaders who positively affect their communities and the world.
Grantmaking
In 2024, the funder reported 14 grants totaling $170,000. Grants ranged from $5,000 to $20,000, with a median of $10,000. The listed 2024 grants were generally for general support.
Among the largest reported grants were $20,000 each to Vimenti in San Juan, Puerto Rico; Monument Academy in Washington, DC; The School for Examining Essential Questions of Sustainability in Honolulu, Hawaii; and Hive Preparatory School in Miami, Florida. Other reported grants included $10,000 each to Academy for Global Citizenship in Chicago, Illinois; Amy Biehl High School in Albuquerque, New Mexico; Siembra Leadership High School in Albuquerque, New Mexico; Tapestry Public Charter School in Atlanta, Georgia; Northwest Passage High School in Coon Rapids, Minnesota; MicroSociety Academy in Nashua, New Hampshire; Arizona Autism Charter Schools in Phoenix, Arizona; and River City Science Academy in Jacksonville, Florida.
The funder’s website describes the IMPACT Awards as an annual program recognizing charter schools for community engagement, student empowerment, and educational innovation, as well as charter leadership. Its awards page describes grants and leadership-development opportunities for participating schools and leaders. The website also describes the Future Forward Schools Prize and Fellowship, a career-connected learning program with a listed deadline of January 31, 2026; that deadline has passed. The website describes the Lending Lab as a financing program, rather than a grant program.
Open Grants
2 open opportunities from Building Hope Impact Fund Inc
Building Hope IMPACT Awards Program
Building Hope Impact Fund Inc
Amount
Varies by award category ($5,000 - $20,000 per award)
Deadline
Deadline not published
The Lending Lab - Microschool and Small School Financing
Building Hope Impact Fund Inc
Amount
Varies by loan product; TI Loans up to $50,000
Deadline
Rolling (quarterly review)
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Geographic Focus
Where this funder awards grants
The funder’s filing describes its support as nationwide. In 2024, the largest reported shares of grant dollars went to recipients in Florida (18%), Puerto Rico (12%), Washington, DC (12%), Hawaii (12%), and New Mexico (12%).
Grant Distribution by State
Share of 2024 grant dollars across all 14 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $160K (2023) to $170K (2024). In 2024 it made 14 grants totaling $170K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Vimenti ($20K). Together the top 10 received $140K.
Organizations only. It also paid 2 grants to individuals ($10,000), which are not listed by name.
Grant Size Distribution
26 grants across all recorded years
The most common grant size was under $50K: 26 grants of 26 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Vimenti San Juan, PR | General Support | $20,000 |
| Monument Academy Washington, DC | General Support | $20,000 |
| The School for Examining Essential Questions of Sustainability Honolulu, HI | General Support | $20,000 |
| Hive Preparatory School Miami, FL | General Support | $20,000 |
| Academy for Global Citizenship Chicago, IL | General Support | $10,000 |
| Amy Biehl High School Albuquerque, NM | General Support | $10,000 |
| Siembra Leadership High School Albuquerque, NM | General Support | $10,000 |
| Tapestry Public Charter School Atlanta, GA | General Support | $10,000 |
| NW Passage High School Coon Rapids, MN | General Support | $10,000 |
| Microsociety Academy Nashua, NH | General Support | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $107,485 | $293,477 | $989,685 | $170,000 across 14 grants |
| 2023 | $184,832 | $327,138 | $764,806 | $160,000 across 12 grants |
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $107,485 | $184,832 |
| Revenue | $293,477 | $327,138 |
| Expenses | $989,685 | $764,806 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William Hansen as chair/interim corporate secretary; Lance Helming as president/treasurer; Michael D’Alessandro as secretary through August 2024; and Dru Damico, Richard Moreno, and Robin Odland as directors.
The funder’s website identifies Amy Bevilacqua as president of the Building Hope Impact Fund.
Building Hope Impact Fund Inc is led by Lance Helming, President & Treasurer since 2024 (on filings since 2023); none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lance Helming
President & Treasurer
Treasurer → President & Treasurer, 2024
On filings since 2023
1 hr/week
No compensation reported
William Hansen
Chair & Interim Corp Secretary
New on the 2024 filing
5 hrs/week
No compensation reported
Dru Damico
Director
On filings since 2023
1 hr/week
No compensation reported
Richard Moreno
Director
On filings since 2023
1 hr/week
No compensation reported
Robin Odland
Director
On filings since 2023
1 hr/week
No compensation reported
Michael D'alessandro
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (2)
- Former: S. Joseph Bruno (2023) — Director
- Former: Sherilyn Moore (2023) — President
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 1730 Pennsylvania Ave Nw 250, Washington, DC 20006
Phone: (202) 457-1992
Website: https://buildinghope.org
Frequently asked questions about Building Hope Impact Fund Inc
How much does Building Hope Impact Fund Inc give each year?
Building Hope Impact Fund Inc gave $170K across 14 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $160K across 12 grants.
What is Building Hope Impact Fund Inc's typical grant size?
Building Hope Impact Fund Inc's median grant in 2024 was $10,000, and its average grant was $12,143, across 14 grants on its 2024 IRS Form 990.
Where does Building Hope Impact Fund Inc give grants?
Building Hope Impact Fund Inc's top state is Florida, with 18% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were Puerto Rico (12%) and District of Columbia (12%). The most frequent recipient cities were Albuquerque, NM (2 grants).
Does Building Hope Impact Fund Inc give general operating support?
Yes: 100% of Building Hope Impact Fund Inc's 2024 grants with a stated purpose (14 of 14) were for general or operating support, per its 2024 IRS Form 990.
Who are Building Hope Impact Fund Inc's largest grantees?
Building Hope Impact Fund Inc's largest 2024 grantees include Vimenti ($20,000), Monument Academy ($20,000) and The School for Examining Essential Questions of Sustainability ($20,000), according to its 2024 IRS Form 990. It also paid 2 grants to individuals ($10,000), which are not listed by name. Together they received 35% of its itemized 2024 grant dollars.
How large is Building Hope Impact Fund Inc?
Building Hope Impact Fund Inc reported $107K in total assets on its 2024 IRS Form 990. Its revenue that year was $293K.
What does Building Hope Impact Fund Inc fund?
The organization’s stated mission is to support the development and successful operation of schools and other educational organizations nationwide, including charter, private and other grade schools, microschools, colleges, and universities, and to connect, collaborate, and celebrate education. See mission & focus areas ↑
How do I apply for a grant from Building Hope Impact Fund Inc?
Building Hope Impact Fund Inc has no public application process in the sources Grantable reviewed. Check buildinghope.org for current guidelines, or contact the foundation directly before submitting a request.
What is Building Hope Impact Fund Inc's EIN?
Building Hope Impact Fund Inc's EIN (Employer Identification Number) is 88-2703870. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
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