Discovering Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 7 grants totaling $90K. Net investment income was $56K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-2.0% YoY
Annual Giving
$90K
-23.4% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$13K
-34.3% YoY
Under IRS private-foundation payout rules, Discovering Hope Foundation reported a distributable amount of $113K for 2024 — the minimum it must pay out in qualifying distributions.
About Discovering Hope Foundation
Based on IRS filings
Discovering Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 7 grants totaling $90K. Net investment income was $56K.
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 | $1,672,369 | $1,705,984 | $1,768,596 |
| Revenue | $68,122 | $70,487 | $471,008 |
| Expenses | $101,737 | $133,404 | $141,796 |
| Qualifying Distributions | $90,000 | $117,500 | $132,000 |
| Net Investment Income | $56,385 | $58,583 | $302,414 |
| Distributable Amount | $113,185 | $97,519 | $96,269 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
38 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Regents of the University of Mi ($40,000), Fish of Sanibel Captiva ($20,000), The Judson Center ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FISH OF SANIBEL CAPTIVA SANIBEL, FL | SOCIAL SERVICES FOR SANIBEL FL | $20,000 |
| THE JUDSON CENTER FARMINGTON HILLS, MI | CREATE BETTER FUTURE FOR MI CHILDRN | $15,000 |
| REGENTS OF THE UNIVERSITY OF MI ANN ARBOR, MI | EDUCATIONAL ADVANCEMENT | $40,000 |
| KARMANOS CANCER INSTITUTE DETROIT, MI | CANCER CARE, RESEARCH & EDUCATION | $10,000 |
| SCCF SANIBEL, FL | ENVIRONMENTAL CONSERVATION | $2,000 |
| DING DARLING WILDLIFE SOCIETY SANIBEL, FL | NATIONAL WILDLIFE REFUGE | $2,000 |
| MULTIPLE SCLEROSIS SOCIETY SOUTHFIELD, MI | HELPING PEOPLE WITH MS | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID W DREWS | PRESIDENT, S | — | — |
| LISA R DREWS | V PRESIDENT, | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Discovering Hope Foundation?
Discovering Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ANN ARBOR, MI. It holds $1.7M in total assets as of 2024.
How large is Discovering Hope Foundation?
As of 2024, Discovering Hope Foundation holds $1.7M in total assets with $68K in annual revenue. It awarded 7 grants totaling $90K in 2024.
Where does Discovering Hope Foundation operate?
Discovering Hope Foundation has awarded grants in Florida, Michigan, Ohio.
What size grants does Discovering Hope Foundation award?
In 2024, Discovering Hope Foundation awarded 7 grants totaling $90K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Discovering Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Discovering Hope Foundation reported a distributable amount of $113K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Discovering Hope Foundation's EIN?
Discovering Hope Foundation's EIN (Employer Identification Number) is 83-2589743. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Discovering Hope Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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