Giving a Reason for Hope Inc is a private foundation focused on Human Services, based in PORT ORANGE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $550K in total assets. In 2024, it awarded 25 grants totaling $64K. Net investment income was $21K.
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.
About Giving a Reason for Hope Inc
Based on IRS filings
Giving a Reason for Hope Inc is a private foundation focused on Human Services, based in PORT ORANGE, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $550K in total assets. In 2024, it awarded 25 grants totaling $64K. Net investment income was $21K.
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 | $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 | — |
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
Among its reported 2024 grants, the largest include Alsac ($14,000), Team Swish ($10,000), Voices of Alzheimers Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PET RESCUE BY JUDY SANFORD, FL | FOR PET CARE SERVICES | $250 |
| ALZHEIMERS ASSOCIATION LONGWOOD, FL | RESEARCH | $1,240 |
| TEAM SWISH SYLVIA, NC | YOUTH SPORTS | $10,000 |
| ALSAC MEMPHIS, TN | CHILDRENSHEALTH RESEARCH | $14,000 |
| BRETHEREN REACHING OUT SANFORD, FL | YOUTH AND FAMILYOUTREACHSUPPORT | $1,100 |
| COLLEGE PATHWAYS OF THE TRIAD GREENSBORO, NC | EDUCATIONALADVISING AND SUPPORT | $2,500 |
| GREATER HARVEST MINISTRIES HOLLY HILL, FL | FOOD ASSISTANCE | $1,000 |
| RESCUE OUTREACH MISSION SANFORD, FL | HOMELESS ASSISTANCE | $1,000 |
| PICNIC PROJECT SANFORD, FL | FOOD SECURITY ASSISTANCE | $1,406 |
| NATIONAL OVARIAN CANCER CENTER ALTAMONTE SPRINGS, FL | RESEARCH | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEXANDER WHITE | PRESIDENT | 1 | — |
| MICHAEL S CARRIER | V.P./TREASURER | 2.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Giving a Reason for Hope Inc?
Giving a Reason for Hope Inc is a private foundation focused on Human Services, based in PORT ORANGE, FL. It holds $550K in total assets as of 2024.
How large is Giving a Reason for Hope Inc?
As of 2024, Giving a Reason for Hope Inc holds $550K in total assets with $22K in annual revenue. It awarded 25 grants totaling $64K in 2024.
Where does Giving a Reason for Hope Inc operate?
Giving a Reason for Hope Inc has awarded grants in California, District of Columbia, Florida, Georgia, North Carolina, New York, Tennessee.
What size grants does Giving a Reason for Hope Inc award?
In 2024, Giving a Reason for Hope Inc awarded 25 grants totaling $64K — an average of about $3K per grant, based on its IRS Form 990 filings.
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.
Explore Open Grants
Browse active grant opportunities in Giving a Reason for Hope Inc'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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