Discovering Hope Foundation
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
Share of all 7 itemized 2024 grant dollars.
Cities
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
| Recipient | Purpose | Amount |
|---|---|---|
| REGENTS OF THE UNIVERSITY OF MI Ann Arbor, MI | EDUCATIONAL ADVANCEMENT | $40,000 |
| 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 |
| 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 |
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- 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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