Giving A Reason For Hope Inc (GARFH) is a private foundation based in Port Orange, Florida, classified as a 501(c)(3) charitable organization. The foundation was granted tax-exempt status in September 2018. It operates as a fund raising and fund distribution organization within the Human Services sector, providing financial assistance and resources to nonprofits and individuals in need.
Key facts about Giving a Reason for Hope Inc
In short: Giving a Reason for Hope Inc gave $64K across 25 grants in 2024 (avg $3K), top state Florida. Source: 2024 IRS Form 990-PF.
- EIN
- 83-2004205
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $63,998
- Grants made (2024)
- 25
- Average grant
- $2,560
- Median grant
- $1,406
- Total assets
- $549,525
- Primary geography
- Florida (35% of itemized 2024 grant dollars)
- How to apply
- The foundation accepts applications from nonprofit organizations through its Direct Giving Assistance program. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Quick answers about Giving a Reason for Hope Inc
How much does Giving a Reason for Hope Inc give each year?
Giving a Reason for Hope Inc gave $64K across 25 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $48K across 30 grants.
What is Giving a Reason for Hope Inc's typical grant size?
Giving a Reason for Hope Inc's median grant in 2024 was $1,406, and its average grant was $2,560, across 25 grants on its 2024 IRS Form 990-PF.
Where does Giving a Reason for Hope Inc give grants?
Giving a Reason for Hope Inc's top state is Florida, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were North Carolina (23%) and Tennessee (22%). The most frequent recipient cities were Sanford, FL (4 grants), Washington, DC (2 grants), Port Orange, FL (2 grants) and Greensboro, NC (2 grants).
Does Giving a Reason for Hope Inc give general operating support?
Not in 2024: none of the 25 grants with a stated purpose on Giving a Reason for Hope Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Giving a Reason for Hope Inc's largest grantees?
Giving a Reason for Hope Inc's largest 2024 grantees include Alsac ($14,000), Team Swish ($10,000) and Voices of Alzheimers Foundation ($5,000), according to its 2024 IRS Form 990-PF. Together they received 45% of its itemized 2024 grant dollars.
How Giving a Reason for Hope Inc gives
- 38% of 2024 grantees were also funded in 2023. Method
- In 2024 it paid out 214% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Giving a Reason for Hope Inc
- How to evaluate Giving a Reason for Hope Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$550K
-9.8% YoY
Annual Giving
$64K
+33.0% YoY
Grant Count
25
-16.7% YoY
Avg Grant Size
$3K
+59.6% YoY
Under IRS private-foundation payout rules, Giving a Reason for Hope Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to connect compassion with action by providing financial assistance, resources, and support to those who need it most. The organization operates across four primary focus areas:
- Supporting local 501(c)(3) nonprofits through funding and collaboration
- Providing direct aid to individuals facing hardship
- Empowering communities through initiatives that promote care, compassion, and connection
- Inspiring a culture of giving through donations, volunteering, and partnerships
The foundation was founded by Dr. Alexander White, who drew inspiration from his work at Progressive Medical Research, where he witnessed firsthand the struggles and hardships faced by many families.
Grantmaking
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Florida, North Carolina, and the District of Columbia, with a stated aspiration to become a leader in philanthropy in the Central Florida area.
Grant Distribution by State
Share of all 25 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (Fiscal Year 2024)
- Total Assets: $549,525
- Total Revenue: $21,837
- Total Expenses: $81,357
- Net Income: -$59,520
- Net Assets: $549,525
Revenue Composition (2024)
- Interest Revenue: $21,824 (99.9% of total revenue)
- Other Income: $13 (0.1% of total revenue)
- Contributions Received: $0
Expense Allocation (2024)
- Charitable Disbursements: $63,998 (78.7% of total expenses)
- Officer Compensation: $0
Historical Assets
- December 2019: $107,772
- December 2020: $183,232
- December 2021: $169,103
- December 2022: $160,252
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $549,525 | $609,045 | $160,252 |
| Revenue | $21,837 | $502,272 | $119 |
| Expenses | $81,357 | $53,479 | $8,970 |
| Qualifying Distributions | $63,998 | — | — |
| Net Investment Income | $21,189 | $2,008 | — |
| Distributable Amount | $29,903 | $8,613 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| ALSAC Memphis, TN | CHILDRENSHEALTH RESEARCH | $14,000 |
| TEAM SWISH Sylvia, NC | YOUTH SPORTS | $10,000 |
| VOICES OF ALZHEIMERS FOUNDATION Washington, DC | ADVOCACY FORALHEIMERSPATIENTS | $5,000 |
| US AGAINST ALZHEIMERS Washington, DC | ADVOCACY FORALZHEIMERSPATIENTS | $5,000 |
| INDIVIDUALS Port Orange, FL | COMMUNITYOUTREACH AND MEDICAL BILLS | $4,185 |
| INSPIRE OF CENTRAL FL Casselberry, FL | EMPLOYMENT TRAINING FOR DISABLED INDIVIDUALS | $3,152 |
| COLLEGE PATHWAYS OF THE TRIAD Greensboro, NC | EDUCATIONALADVISING AND SUPPORT | $2,500 |
| NATIONAL OVARIAN CANCER CENTER Altamonte Springs, FL | RESEARCH | $2,500 |
| LEUKEMIA & LYMPHOMA SOCIETY Port Chester, NY | CANCER RESEARCH | $2,500 |
| RELIANT MISSION Orlando, FL | SUPPORT FOR LOCAL CHURCHESACTIVITIES | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Alexander White — President and Founder
- Michael S. Carrier — Vice President and Treasurer
Both officers serve without compensation.
Giving a Reason for Hope Inc is led by Alexander White, President on every filing since 2022; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Alexander White
President
On filings since 2022
1 hr/week
No compensation reported
Michael S. Carrier
V.p. & Treasurer
Vice President & Treasurer → V.p. & Treasurer, 2023
On filings since 2022
2.5 hrs/week
No compensation reported
Former officers (3)
- Former: Alex White (2020–2021) — Vice President
- Former: Basil White (2020–2021) — President
- Former: Dave Bachansingh (2020–2021) — Treasurer
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.
Recent News & Activity
Recent developments and announcements
The foundation organizes charity events and fundraisers to support its mission. It actively invites participation from the community as participants, sponsors, and volunteers. The organization maintains an online presence and accepts donations and volunteer applications through its website.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Giving a Reason for Hope Inc fund?
The foundation's mission is to connect compassion with action by providing financial assistance, resources, and support to those who need it most. The organization operates across four primary focus areas: • Supporting local 501(c)(3) nonprofits through funding and collaboration • Providing direct aid to individuals facing hardship • Empowering communities through initiatives that promote care, compassion, and connection • Inspiring a culture of giving through donations, volunteering, and partn…
How do I apply for a grant from Giving a Reason for Hope Inc?
The foundation accepts applications from nonprofit organizations through its Direct Giving Assistance program. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
How much is Giving a Reason for Hope Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Giving a Reason for Hope Inc reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Giving a Reason for Hope Inc's EIN?
Giving a Reason for Hope Inc's EIN (Employer Identification Number) is 83-2004205. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.