Good Hope Foundation Inc
Good Hope Foundation Inc is a private foundation based in Morristown, New Jersey. Its 2024 filing reports $128,000 in grants to 13 organizations.
Good Hope Foundation Inc at a glance
In short: Good Hope Foundation Inc gave $128K across 13 grants in 2024 (avg $10K), top state New Jersey. 36% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $128,000
- +22.5% vs 2023
- Grants made (2024)
- 13
- +30.0% vs 2023
- Average grant
- $9,846
- -5.8% vs 2023
- Median grant
- $10,000
- Total assets
- $1,086,793
- +0.3% vs 2023
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2024; small sample)
- Primary geography
- New Jersey (47% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Good Hope Foundation Inc
- How to Apply
-
The 2024 filing says the foundation does not restrict giving to preselected organizations. It describes an application by letter to the trustees listing the organization’s name, address, and telephone number, along with a summary of its purposes and programs.
- Review Cycle
- None stated.
- Deadline
- None stated.
- Contact
Application contact: Mary Vi Courtemanche
Mailing address: 16 Pippins Way, Morristown, NJ 07960-6991
Phone: (973) 206-1765
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Good Hope Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was St John on the Mountain Church ($20K across 2 grants). Together the top 10 received $125K.
Grant Size Distribution
55 grants across all recorded years
The most common grant size was under $50K: 55 grants of 55 (100%).
Geographic Focus
Where this funder awards grants
The foundation is based in Morristown, New Jersey. In 2024, 47% of grant dollars went to recipients in New Jersey, 27% to recipients in Maryland, and 26% to recipients in New York.
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
States
Cities
Is Good Hope Foundation Inc open to new grantees?
36%
first-time grantees, 2024
In 2024, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $13K; repeat grants $11K. How we count
Medians: $13K first-time, $12K repeat.
- 64% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+15%). Method
- In 2024 it paid out 86% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $87K (2020) to $130K (2022). In 2024 it made 13 grants totaling $128K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lustgarten Pancreatic Cancer Research Foundation Uniondale, NY | To accomplish the charitable purpose of the foundation - charitable/medical/educational | $20,000 |
| Enoch Pratt Free Library Baltimore, MD | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $15,000 |
| Women's Association for Morristown Medical Center Morristown, NJ | To accomplish the charitable purpose of the foundation - charitable/medical/educational | $15,000 |
| Maryland Art Place Baltimore, MD | To accomplish the charitable purpose of the foundation - charitable/educational | $12,000 |
| Delbarton School Morristown, NJ | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $10,000 |
| Foundation for Morristown Medical Center Morristown, NJ | To accomplish the charitable purpose of the foundation - charitable/medical/educational | $10,000 |
| St John on the Mountain Church Bernardsville, NJ | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $10,000 |
| St John on the Mountain Church Bernardsville, NJ | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $10,000 |
| Bridges Baltimore Baltimore, MD | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $8,000 |
| Adirondack Experience Blue Mountain Lake, NY | To accomplish the charitable purpose of the foundation - charitable/religious/educational | $5,000 |
Ready to take the next step with Good Hope Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $1,086,793 | $134,654 | $129,825 | $128,000 | 13 | $128,912 | $133,741 | $150,040 |
| 2023 | $1,083,621 | $103,334 | $106,417 | $104,500 | 10 | $105,362 | $102,279 | $125,950 |
| 2022 | $1,073,888 | $13,988 | $131,764 | $130,000 | 12 | $130,862 | $17,900 | $129,478 |
| 2021 | $1,209,845 | $225,712 | $116,368 | $111,500 | 11 | $112,238 | $68,664 | $121,262 |
| 2020 | $1,216,466 | $313,533 | $94,289 | $86,500 | 9 | — | $47,507 | $89,113 |
Under IRS private-foundation payout rules, Good Hope Foundation Inc reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No separate mission statement for the foundation is provided. Its 2024 filing lists eligible recipients and purposes as educational institutions; religious organizations; organizations devoted to conservation, preservation, and environmental protection and sustainability; medical and scientific research institutions; community health associations; institutions assisting people in need; at-risk youth organizations; and other institutions providing assistance for qualifying charitable purposes.
Grantees’ own descriptions illustrate some of the work supported. Maryland Art Place says it helps artists exhibit their work and fosters exchanges between artists and the public through educational leadership. The Foundation for Morristown Medical Center says it uses philanthropy to advance patient care, clinical research, medical and public health education, and preventive medicine. Bridges Baltimore describes its work as supporting Baltimore City youth and providing opportunities for independent school students. Every Mother Counts describes its work as advancing evidence-based strategies to improve maternal health and the experience of care.
Grantmaking
In 2024, the foundation gave $128,000 through 13 grants. Grants ranged from $3,000 to $20,000, with a median of $10,000.
Among the largest reported grants were $20,000 to the Lustgarten Pancreatic Cancer Research Foundation; $15,000 each to Enoch Pratt Free Library and the Women’s Association for Morristown Medical Center; $12,000 to Maryland Art Place; and $10,000 each to Delbarton School, the Foundation for Morristown Medical Center, and St John on the Mountain Church. Other reported awards included $8,000 to Bridges Baltimore and $5,000 each to Adirondack Experience, the Foundation for Morristown Medical Center, and Grassroots Grocery. Every Mother Counts received $3,000 in 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Mary Vi Courtemanche as president and secretary, Robert H Courtemanche as treasurer, and Edwin W Courtemanche and Peter M Courtemanche as trustees.
Good Hope Foundation Inc is led by Mary Vi Courtemanche, President & Secretary on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mary Vi Courtemanche
President & Secretary
On filings since 2020
1 hr/week
No compensation reported
Edwin W. Courtemanche
Trustee
On filings since 2020
No compensation reported
Peter M. Courtemanche
Trustee
On filings since 2020
No compensation reported
Robert H. Courtemanche
Treasurer
On filings since 2020
1 hr/week
No compensation reported
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.
Frequently asked questions about Good Hope Foundation Inc
How much does Good Hope Foundation Inc give each year?
Good Hope Foundation Inc gave $128K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $105K across 10 grants.
What is Good Hope Foundation Inc's typical grant size?
Good Hope Foundation Inc's median grant in 2024 was $10,000, and its average grant was $9,846, across 13 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Good Hope Foundation Inc that year got $13K on average.
Where does Good Hope Foundation Inc give grants?
Good Hope Foundation Inc's top state is New Jersey, with 47% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Maryland (27%) and New York (26%). The most frequent recipient cities were Morristown, NJ (4 grants), Baltimore, MD (3 grants), Bernardsville, NJ (2 grants) and New York, NY (2 grants).
Does Good Hope Foundation Inc give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on Good Hope Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are Good Hope Foundation Inc's largest grantees?
Good Hope Foundation Inc's largest 2024 grantees include St John on the Mountain Church ($20,000 across 2 grants), Lustgarten Pancreatic Cancer Research Foundation ($20,000) and Enoch Pratt Free Library ($15,000), according to its 2024 IRS Form 990-PF. Together they received 43% of its itemized 2024 grant dollars.
How large is Good Hope Foundation Inc?
Good Hope Foundation Inc reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $150K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does Good Hope Foundation Inc fund?
No separate mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Good Hope Foundation Inc?
The 2024 filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Good Hope Foundation Inc's EIN?
Good Hope Foundation Inc's EIN (Employer Identification Number) is 27-4293200. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). Good Hope Foundation Inc funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/good-hope-foundation-inc-morg_020292adcd3843cf8db41ba0411b7ae9
BibTeX
@misc{grantable_274293200_2026,
author = {{Grantable}},
title = {{Good Hope Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/good-hope-foundation-inc-morg_020292adcd3843cf8db41ba0411b7ae9},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Good Hope Foundation Inc'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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