Generational Hope Foundation
Generational Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KELSO, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 12 grants totaling $174K. Net investment income was $154K.
Key facts about Generational Hope Foundation
- EIN
- 85-3485799
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $174,400
- Grants made (2024)
- 12
- Average grant
- $14,533
- Median grant
- $5,000
- Total assets
- $4,762,681
- Primary geography
- Washington (59% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Generational Hope Foundation funds
By grant dollars, the top recipient states for Generational Hope Foundation's 12 itemized 2024 grants were Washington (59%), Oregon (24%) and Iowa (14%). The most frequent recipient cities were Longview, WA (4 grants). None of its 12 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable mission" (11 grants).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-0.8% YoY
Annual Giving
$174K
-20.6% YoY
Grant Count
12
+33.3% YoY
Avg Grant Size
$15K
-40.4% YoY
Under IRS private-foundation payout rules, Generational Hope Foundation reported a distributable amount of $284K for 2024 — the minimum it must pay out in qualifying distributions.
About Generational Hope Foundation
Based on IRS filings
Generational Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KELSO, WA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 12 grants totaling $174K. Net investment income was $154K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,762,681 | $4,798,965 | $4,899,893 |
| Revenue | $175,765 | $156,793 | $120,996 |
| Expenses | $212,049 | $257,718 | $225,513 |
| Qualifying Distributions | $177,743 | $226,761 | $193,091 |
| Net Investment Income | $153,974 | $132,128 | $112,875 |
| Distributable Amount | $284,146 | $250,844 | $254,410 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
43 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Renewal City Church ($69,400), Roaring Adventures LLC ($30,000), Iowa City Young Life ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Renewal City Church Longview, WA | Mercy | $69,400 |
| Roaring Adventures LLC Wilsonville, OR | Charitable mission | $30,000 |
| Iowa City Young Life Iowa City, IA | Charitable mission | $25,000 |
| Acres of Diamonds Duvall, WA | Charitable mission | $20,000 |
| Cannon Beach Academy Cannon Beach, OR | Charitable mission | $8,000 |
| Community House on Broadway Longview, WA | Charitable mission | $5,000 |
| World Concern Seattle, WA | Charitable mission | $5,000 |
| The Market Project Washington, DC | Charitable mission | $5,000 |
| CitiServe Cowlitz County Longview, WA | Charitable mission | $2,500 |
| Villiage Mission Dallas, OR | Charitable mission | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph D Willis | President | — | — |
| Lacey Gray | Vice President | — | — |
| Bethany Petersen | Vice President | — | — |
| Josiah Willis | Vice President | — | — |
| Terri Willis | Secretary | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Generational Hope Foundation?
Generational Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in KELSO, WA. It holds $4.8M in total assets as of 2024.
How large is Generational Hope Foundation?
As of 2024, Generational Hope Foundation holds $4.8M in total assets with $176K in annual revenue. It awarded 12 grants totaling $174K in 2024.
Where does Generational Hope Foundation operate?
Generational Hope Foundation has awarded grants in District of Columbia, Iowa, Missouri, Oregon, Washington.
What size grants does Generational Hope Foundation award?
In 2024, Generational Hope Foundation awarded 12 grants totaling $174K — an average of about $15K per grant, based on its IRS Form 990 filings.
How much is Generational Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Generational Hope Foundation reported a distributable amount of $284K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Generational Hope Foundation's EIN?
Generational Hope Foundation's EIN (Employer Identification Number) is 85-3485799. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Generational Hope Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.