Foundation of Hope for Research
TO CONQUER MENTAL ILLNESS BY INVESTING IN GROUNDBREAKING SCIENTIFIC RESEARCH AND MENTAL HEALTH INITIATIVES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.6M
+13.0% YoY
Annual Giving
$592K
+136.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$592K
+136.7% YoY
About Foundation of Hope for Research
Based on IRS filings
Foundation of Hope for Research is a nonprofit organization, 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 grants totaling $592K. Net investment income was $512K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,567,273 | $10,239,100 | $8,348,572 |
| Revenue | $3,309,690 | $3,432,284 | $2,733,837 |
| Expenses | $2,324,424 | $1,773,181 | $1,298,968 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $511,593 | $725,938 | $29,766 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Unc Health Foundation ($591,676).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH WESLEY FOX | CHAIR | 1 | — |
| MICHAEL ZARZAR MD | VICE-CHAIR | 1 | — |
| ELIZABETH SKVARLA | SECRETARY | 1 | — |
| JACK NAFTEL MD | INTERIM TREASURER | 1 | — |
| DANA BOOLE | BOARD MEMBER | 1 | — |
| MARY CANTANDO | BOARD MEMBER | 1 | — |
| TERRY CARLTON | BOARD MEMBER | 1 | — |
| TAYLOR B CASH JR | BOARD MEMBER | 1 | — |
| ASA CORDLE MD | BOARD MEMBER (TO JUN '24) | 1 | — |
| ELIZABETH COX MD | BOARD MEMBER | 1 | — |
| JODY DARDEN | BOARD MEMBER | 1 | — |
| TANYA DOEBLER | BOARD MEMBER | 1 | — |
| SYLVIA HACKETT | BOARD MEMBER | 1 | — |
| STEVE JONES | BOARD MEMBER | 1 | — |
| EASTER MAYNARD | BOARD MEMBER | 1 | — |
| HILDA PINNIX-RAGLAND | BOARD MEMBER | 1 | — |
| RANDY QUIRK | BOARD MEMBER | 1 | — |
| DAVID RUBINOW MD | BOARD MEMBER | 1 | — |
| KEN SMITH | BOARD MEMBER | 1 | — |
| NICOLE CAFAZZO SPECTOR MD | BOARD MEMBER | 1 | — |
| STEVE THANHAUSER | BOARD MEMBER | 1 | — |
| MARION WINSTON | BOARD MEMBER (TO JUL '24) | 1 | — |
| SHELLEY EURE BELK | EXECUTIVE DIRECTOR | 40 | $92,000 |
Frequently Asked Questions
How large is Foundation of Hope for Research?
As of 2024, Foundation of Hope for Research holds $11.6M in total assets with $3.3M in annual revenue. It awarded 1 grants totaling $592K in 2024.
Where does Foundation of Hope for Research operate?
Foundation of Hope for Research has awarded grants in North Carolina.
What size grants does Foundation of Hope for Research award?
In 2024, Foundation of Hope for Research awarded 1 grants totaling $592K — an average of about $592K per grant, based on its IRS Form 990 filings.
What is Foundation of Hope for Research's EIN?
Foundation of Hope for Research's EIN (Employer Identification Number) is 56-6246626. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation of Hope for Research's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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