Foundation For Hope

BEDFORD, VA EIN: 01-0724780

Foundation For Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEDFORD, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22K in total assets. In 2024, it awarded 5 grants totaling $81K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$22K

+8.8% YoY

Annual Giving

$81K

+78.8% YoY

Grant Count

5

+150.0% YoY

Avg Grant Size

$16K

-28.5% YoY

About Foundation For Hope

Based on IRS filings

Foundation For Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BEDFORD, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $22K in total assets. In 2024, it awarded 5 grants totaling $81K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BedfordBihor RomaniaColorado SpringsForestLynchburgMadison HeightsNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$35K$71K$106K$142K20202021202220232024
Metric202420232022
Total Assets$21,865$20,097$21,455
Revenue$129,022$91,216$107,617
Expenses$127,253$92,574$104,944
Qualifying Distributions$125,873$45,070$28,617
Net Investment Income
Distributable Amount$478$879$627

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$81K4 grants20206 grants20215 grants20222 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

HOPE BAPTIST CHURCH$43KHJH FOUNDATION$30KFOREST BAPTIST CHURCH$5KANCHOR MINISTRY$3KTIMBERLAKE CHRISTIAN SCH…$100

Grant Size Distribution

22 grants across all recorded years

21<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Lewis L ThomasPres.& Dir20
Mary C ThomasSec. & Dir20

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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