Discovering Hope Foundation

Foundation · Grantmaker Ann Arbor, MI EIN: 83-2589743

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.

Key facts about Discovering Hope Foundation

In short: Discovering Hope Foundation gave $90K across 7 grants in 2024 (avg $13K), mostly in Michigan. Source: 2024 IRS Form 990-PF.

EIN
83-2589743
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$90,000
Grants made (2024)
7
Average grant
$12,857
Median grant
$10,000
Total assets
$1,672,369
Primary geography
Michigan (73% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How Discovering Hope Foundation gives

  • Giving held roughly steady from 2021 to 2024 (−7%). Method
  • In 2024 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 7 itemized 2024 grant dollars.

Cities

SanibelAnn ArborDetroitFarmington HillsBloomfield HillsBloomfield TwpSanibel IslandAnn ArbotClevelandSouthfield

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K9 grants20207 grants20219 grants20226 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Regents of the University of MI: $40KRegents of the University ofMI$40KFish of Sanibel Captiva: $20KFish of Sanibel Captiva$20KThe Judson Center: $15KThe Judson Center$15KKarmanos Cancer Institute: $10KKarmanos Cancer Institute$10KSCCF: $2KSCCF$2KDing Darling Wildlife Society: $2KDing Darling Wildlife Society$2KMultiple Sclerosis Society: $1KMultiple Sclerosis Society$1K

Grant Size Distribution

38 grants across all recorded years

37<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
REGENTS OF THE UNIVERSITY OF MI Ann Arbor, MIEDUCATIONAL ADVANCEMENT$40,000
FISH OF SANIBEL CAPTIVA Sanibel, FLSOCIAL SERVICES FOR SANIBEL FL$20,000
THE JUDSON CENTER Farmington Hills, MICREATE BETTER FUTURE FOR MI CHILDRN$15,000
KARMANOS CANCER INSTITUTE Detroit, MICANCER CARE, RESEARCH & EDUCATION$10,000
SCCF Sanibel, FLENVIRONMENTAL CONSERVATION$2,000
DING DARLING WILDLIFE SOCIETY Sanibel, FLNATIONAL WILDLIFE REFUGE$2,000
MULTIPLE SCLEROSIS SOCIETY Southfield, MIHELPING PEOPLE WITH MS$1,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Discovering Hope Foundation is led by David W. Drews, President & S on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • David W. Drews

    President & S

    On filings since 2020

    No compensation reported

  • Lisa R. Drews

    V President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Discovering Hope Foundation

How much does Discovering Hope Foundation give each year?

Discovering Hope Foundation gave $90K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $118K across 6 grants.

What is Discovering Hope Foundation's typical grant size?

Discovering Hope Foundation's median grant in 2024 was $10,000, and its average grant was $12,857, across 7 grants on its 2024 IRS Form 990-PF.

Where does Discovering Hope Foundation give grants?

Discovering Hope Foundation gives mostly in Michigan: 73% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (27%). The most frequent recipient cities were Sanibel, FL (3 grants).

Does Discovering Hope Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Discovering Hope Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Discovering Hope Foundation's largest grantees?

Discovering Hope Foundation's largest 2024 grantees include Regents of the University of MI ($40,000), Fish of Sanibel Captiva ($20,000) and The Judson Center ($15,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Discovering Hope Foundation?

Discovering Hope Foundation reported $1.7M in total assets on its 2024 IRS Form 990-PF. It paid out $90K in qualifying distributions that year, against a required minimum of $113K (roughly 5% of its investment assets).

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.

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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