Everhope Foundation

Private foundation · Grantmaker Providence, RI EIN: 30-0804328

Everhope Foundation is a private foundation based in Providence, Rhode Island. Its 2024 filing reports grants to 21 organizations totaling $265,550. The foundation states that it makes contributions only to preselected charitable organizations.

Everhope Foundation at a glance

In short: Everhope Foundation gave $266K across 21 grants in 2024 (avg $13K), mostly in Rhode Island. 52% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$265,550
+74.7% vs 2023
Grants made (2024)
21
+162.5% vs 2023
Average grant
$12,645
-33.4% vs 2023
Median grant
$10,000
Total assets
$6,119,353
+12.7% vs 2023
New grantees (estimate)
52% first-time grantees (11 of 21, 2024; small sample)
Primary geography
Rhode Island (63% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Everhope Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 321 South Main Street 550, Providence, RI 02903
Phone: (401) 421-9900

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Everhope Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Biological Medical Institute: $50KBiological Medical Institute$50KOur Childrens Trust: $25KOur Childrens Trust$25KSocial Enterprise Greenhouse: $25KSocial Enterprise Greenhouse$25KGordon School: $25KGordon School$25KRhode Island Farm Incubator: $25KRhode Island Farm Incubator$25KThe Accountability Board: $25KThe Accountability Board$25KKaruna Foundation Inc: $10KKaruna Foundation Inc$10KPhysicians Committee for Responsible Medicine: $10KPhysicians Committee forResponsible Medicine$10KRI Business Competition: $10KRI Business Competition$10KThe Good Food Institute: $10KThe Good Food Institute$10K

The largest 2024 recipient was Biological Medical Institute ($50K). Together the top 10 received $215K.

Grant Size Distribution

78 grants across all recorded years

75<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 78 (96%).

Geographic Focus

Where this funder awards grants

In 2024, 63% of grant dollars went to recipients in Rhode Island, 14% to Massachusetts, 9% to Oregon, 8% to Washington, DC, and 4% to Colorado.

Grant Distribution by State

10states

Share of 2024 grant dollars across all 21 itemized grants.

Cities

ProvidenceWashingtonEugeneBostonVolcanoLongmontNapaNew YorkSmithfieldLawrencevilleSan FranciscoBeverly HillsBrooklynCranstonCumberlandEast ProvidenceLos AnglesMarionMedfordNorth Kingstown

Is Everhope Foundation open to new grantees?

52%

first-time grantees, 2024

In 2024, 11 of 21 grantees (52%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $14K; repeat grants $11K. How we count

Medians: $5K first-time, $10K repeat.

  • 33% of 2024 grantees were also funded in 2023. Method
  • Giving grew 106% from 2021 to 2024. Method
  • In 2024 it paid out 99% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K17 grants2020 15 grants2021 17 grants2022 8 grants2023 21 grants2024

From 2020 to 2024, annual grant giving ranged from $122K (2020) to $266K (2024). In 2024 it made 21 grants totaling $266K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Biological Medical Institute Providence, RIFor Program Expenses$50,000
Our Childrens Trust Eugene, ORFor Programsfor Programs$25,000
Social Enterprise Greenhouse Providence, RIFor Programs$25,000
Gordon School East Providence, RIFor Program Expenses$25,000
Rhode Island Farm Incubator North Kingstown, RIFor Program Expenses$25,000
The Accountability Board Wakefield, MAFor Program Expenses$25,000
Karuna Foundation Inc Longmont, COFor Programsfor Programs$10,000
Physicians Committee for Responsible Medicine Washington, DCFor Program Expenses$10,000
RI Business Competition Providence, RIFor Programs$10,000
The Good Food Institute Washington, DCFor Programs$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$6,119,353$521,123$283,039$265,55021$265,550$503,634$267,022
2023$5,431,943$2,372,617$171,439$152,0008$152,000$353,178$165,626
2022$3,028,946$647,991$208,046$180,00017$180,000$619,945$149,614
2021$4,032,364$1,283,577$176,714$129,00015$129,000$284,089$147,513
2020$2,991,386$179,144$143,632$122,00017—$158,262$128,398

Under IRS private-foundation payout rules, Everhope Foundation reported a distributable amount of $267K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions address areas such as climate and environmental sustainability, food systems, animal and human wellbeing, social enterprise, and medical education. For example, Our Children’s Trust describes its mission as empowering young people to secure their rights to a livable climate through legal action. Social Enterprise Greenhouse says it supports entrepreneurs and businesses working toward positive societal and economic change.

Grantmaking

In 2024, the foundation gave 21 grants totaling $265,550. Grants ranged from $2,000 to $50,000, with a median grant of $10,000.

The largest reported grants included $50,000 to Biological Medical Institute; $25,000 each to Our Children’s Trust, Social Enterprise Greenhouse, Gordon School, Rhode Island Farm Incubator, and The Accountability Board; and $10,000 each to Karuna Foundation, Physicians Committee for Responsible Medicine, RI Business Competition, The Good Food Institute, and Climate Action RI.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Frohman Anderson as president and Kimberley Anderson as secretary.

Everhope Foundation is led by Frohman Anderson, President on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Frohman Anderson

    President

    On filings since 2020

    No compensation reported

  • Kimberley Anderson

    Secretary

    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 Everhope Foundation

How much does Everhope Foundation give each year?

Everhope Foundation gave $266K across 21 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $152K across 8 grants.

What is Everhope Foundation's typical grant size?

Everhope Foundation's median grant in 2024 was $10,000, and its average grant was $12,645, across 21 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Everhope Foundation that year got $14K on average.

Where does Everhope Foundation give grants?

Everhope Foundation gives mostly in Rhode Island: 63% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (14%) and Oregon (9%). The most frequent recipient cities were Providence, RI (5 grants), Washington, DC (2 grants) and Smithfield, RI (2 grants).

Does Everhope Foundation give general operating support?

Not in 2024: none of the 21 grants with a stated purpose on Everhope Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "For Program Expenses" (13 grants) and "For Programs" (6 grants).

Who are Everhope Foundation's largest grantees?

Everhope Foundation's largest 2024 grantees include Biological Medical Institute ($50,000), Our Childrens Trust ($25,000) and Social Enterprise Greenhouse ($25,000), according to its 2024 IRS Form 990-PF. Together they received 38% of its itemized 2024 grant dollars.

How large is Everhope Foundation?

Everhope Foundation reported $6.1M in total assets on its 2024 IRS Form 990-PF. It paid out $266K in qualifying distributions that year, against a required minimum of $267K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Everhope Foundation fund?

No mission statement for the foundation is provided. Its 2024 grants included organizations whose own missions address areas such as climate and environmental sustainability, food systems, animal and human wellbeing, social enterprise, and medical education. See mission & focus areas ↑

How do I apply for a grant from Everhope Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Everhope Foundation's EIN?

Everhope Foundation's EIN (Employer Identification Number) is 30-0804328. IRS Form 990 filing data is available on this page for 2020–2024.

Does Everhope Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

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

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Cite this profile

Grantable. (2026). Everhope Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/everhope-foundation-morg_03b8008d609f422dbc6458c9ba42c5fe

BibTeX
@misc{grantable_300804328_2026,
  author       = {{Grantable}},
  title        = {{Everhope Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/everhope-foundation-morg_03b8008d609f422dbc6458c9ba42c5fe},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Everhope Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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