Core Hope Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANSFIELD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $57K. Net investment income was $100K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+55.8% YoY
Annual Giving
$57K
+54.1% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$11K
+23.2% YoY
Under IRS private-foundation payout rules, Core Hope Foundation Inc reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.
About Core Hope Foundation Inc
Based on IRS filings
Core Hope Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANSFIELD, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 5 grants totaling $57K. Net investment income was $100K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,347,491 | $864,962 | $598,137 |
| Revenue | $112,393 | $112,017 | $125,833 |
| Expenses | $66,804 | $43,586 | $29,321 |
| Qualifying Distributions | $57,000 | $37,000 | $24,000 |
| Net Investment Income | $99,505 | $17,509 | $13,833 |
| Distributable Amount | $57,742 | $35,867 | $27,503 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Naomi's Village ($30,000), Starfish of Richland County ($12,000), River of GraceUpper Room ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Naomi's Village Mckinney, TX | Care of orphans and underprivileged | $30,000 |
| River of GraceUpper Room West Lafayette, IN | Mentoring Teaching Handicapped Care | $10,000 |
| Starfish of Richland County Mansfield, OH | Care & Support for at-risk individuals | $12,000 |
| Richland Pregnancy Services Mansfield, OH | Care for women in crisis and their children | $3,000 |
| Ignited (Richland County) Shelby, OH | Provide for recovering & at-risk women | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH D STARKEY | President | — | — |
| LISA E STARKEY | Treasurer | — | — |
| MATTHEW J STARKEY | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Core Hope Foundation Inc?
Core Hope Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MANSFIELD, OH. It holds $1.3M in total assets as of 2024.
How large is Core Hope Foundation Inc?
As of 2024, Core Hope Foundation Inc holds $1.3M in total assets with $112K in annual revenue. It awarded 5 grants totaling $57K in 2024.
Where does Core Hope Foundation Inc operate?
Core Hope Foundation Inc has awarded grants in Indiana, Ohio, Texas.
What size grants does Core Hope Foundation Inc award?
In 2024, Core Hope Foundation Inc awarded 5 grants totaling $57K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Core Hope Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Core Hope Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Core Hope Foundation Inc's EIN?
Core Hope Foundation Inc's EIN (Employer Identification Number) is 81-4166155. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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