Foundation of Hope for Research and Treatment of Mental Illness
To conquer mental illness by investing in groundbreaking scientific research and mental health initiatives.
Foundation of Hope for Research and Treatment of Mental Illness at a glance
In short: Foundation of Hope for Research and Treatment of Mental Illness gave $592K across 1 grant in 2024 (avg $592K), mostly in North Carolina. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $591,676
- +136.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $591,676
- +136.7% vs 2023
- Median grant
- $591,676
- Total assets
- $11,567,273
- +13.0% vs 2023
- Primary geography
- North Carolina (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foundation of Hope for Research and Treatment of Mental Illness funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was UNC Health Foundation ($592K).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 6 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Foundation of Hope for Research and Treatment of Mental Illness gives
- Giving grew 50% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $20K (2020) to $592K (2024). In 2024 it made 1 grant totaling $592K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| UNC Health Foundation Chapel Hill, NC | Research grant provided to unc department of psychiatry for the foundation of hope child and adolescent anxiety and mood disorders program (CHAAMP) which is intended to be a clinical research program that will conduct cutting-edge translational research to advance understanding and treatment of child and adolescent anxiety and mood disorders, lead outcome improvements, and address care delivery for vulnerable children. | $591,676 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $11,567,273 | $3,309,690 | $2,324,424 | $591,676 | 1 | $511,593 |
| 2023 | $10,239,100 | $3,432,284 | $1,773,181 | $250,000 | 1 | $725,938 |
| 2022 | $8,348,572 | $2,733,837 | $1,298,968 | $400,000 | 1 | $29,766 |
| 2021 | $8,015,867 | $1,866,051 | $1,147,422 | $395,000 | 2 | $194,435 |
| 2020 | $6,591,165 | $1,022,958 | $890,808 | $20,000 | 1 | $8,961 |
About Foundation of Hope for Research and Treatment of Mental Illness
Based on IRS filings
Foundation of Hope for Research and Treatment of Mental Illness is a public charity, based in Raleigh, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.6M in total assets. In 2024, it awarded 1 grant totaling $592K. Net investment income was $512K.
Leadership & Key People
Officers and directors from IRS filings
Foundation of Hope for Research and Treatment of Mental Illness is led by Shelley Eure Belk, Executive Director on every filing since 2020; 1 of 23 officers listed in 2024 is compensated.
Officers on the 2024 filing
Shelley Eure Belk
Executive Director
On filings since 2020
40 hrs/week
$81K (2020) → $92K (2024)
Sarah Wesley Fox
Chair
On filings since 2020
1 hr/week
No compensation reported
Asa Cordle MD
Board Member
On filings since 2020
1 hr/week
No compensation reported
David Rubinow MD
Board Member
On filings since 2020
1 hr/week
No compensation reported
Elizabeth C. Skvarla
Secretary
On filings since 2020
1 hr/week
No compensation reported
Jack Naftel MD
Interim Treasurer
Board Member → Interim Treasurer, 2021
On filings since 2020
1 hr/week
No compensation reported
Jody Darden
Board Member
On filings since 2020
1 hr/week
No compensation reported
Marion Winston
Board Member
On filings since 2020
1 hr/week
No compensation reported
Mary Cantando
Board Member
On filings since 2020
1 hr/week
No compensation reported
Michael Zarzar MD
Vice Chair
On filings since 2020
1 hr/week
No compensation reported
Steve Thanhauser
Board Member
On filings since 2020
1 hr/week
No compensation reported
Tanya Doebler
Board Member
On filings since 2020
1 hr/week
No compensation reported
Taylor B. Cash Jr.
Board Member
On filings since 2020
1 hr/week
No compensation reported
Randy Quirk
Board Member
On filings since 2021
1 hr/week
No compensation reported
Dana Boole
Board Member
On filings since 2022
1 hr/week
No compensation reported
Steve Jones
Board Member
On filings since 2022
1 hr/week
No compensation reported
Sylvia Hackett
Board Member
On filings since 2022
1 hr/week
No compensation reported
Easter Maynard
Board Member
On filings since 2023
1 hr/week
No compensation reported
Hilda Pinnix-Ragland
Board Member
On filings since 2023
1 hr/week
No compensation reported
Ken Smith
Board Member
On filings since 2023
1 hr/week
No compensation reported
Elizabeth Cox MD
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Nicole Cafazzo Spector MD
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Terry Carlton
Board Member
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (13)
- Former: Brad Sears (2020–2023) — Board Member
- Former: Jeff Stocks (2020–2023) — Board Member
- Former: Amber Moshakos (2020–2022) — Board Member
- Former: John Bischoff (2021–2022) — Board Member
- Former: Carolyn Eskridge (2020–2021) — Treasurer
- Former: Douglas Kahn (2020–2021) — Board Member
- Former: John Gilmore MD (2020–2021) — Board Member
- Former: Mike Condrey (2020–2021) — Board Member
- Former: Samantha Melzer-Brody (2020–2021) — Board Member
- Former: Sarah Davis Cope (2020–2021) — Board Member
- Former: Chad Price (2020) — Board Member
- Former: John Perruccio (2020) — Board Member
- Former: Lyn Maness (2020) — Board Member
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $92K, to Shelley Eure Belk (Executive Director).
Frequently asked questions about Foundation of Hope for Research and Treatment of Mental Illness
How much does Foundation of Hope for Research and Treatment of Mental Illness give each year?
Foundation of Hope for Research and Treatment of Mental Illness gave $592K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $250K across 1 grant.
How large is Foundation of Hope for Research and Treatment of Mental Illness?
Foundation of Hope for Research and Treatment of Mental Illness reported $11.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.3M.
Where does Foundation of Hope for Research and Treatment of Mental Illness operate?
Foundation of Hope for Research and Treatment of Mental Illness has awarded grants in North Carolina.
What is Foundation of Hope for Research and Treatment of Mental Illness's EIN?
Foundation of Hope for Research and Treatment of Mental Illness's EIN (Employer Identification Number) is 56-6246626. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 9, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
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Figures come from Foundation of Hope for Research and Treatment of Mental Illness'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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