Good Hope Medical Foundation

Foundation · Grantmaker PASADENA, CA EIN: 95-0782640

Good Hope Medical Foundation is an independent private foundation based in Pasadena, California. Established in 1925, the foundation primarily supports hospitals and healthcare initiatives across California and Missouri.

Key facts about Good Hope Medical Foundation

EIN
95-0782640
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,032,650
Grants made (2024)
26
Average grant
$78,179
Median grant
$62,500
Total assets
$44,636,654
Primary geography
California (75% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who Good Hope Medical Foundation funds

By grant dollars, the top recipient states for Good Hope Medical Foundation's 26 itemized 2024 grants were California (75%) and Missouri (25%). The most frequent recipient cities were Los Angeles, CA (16 grants) and Pasadena, CA (4 grants). 12% of grants with a stated purpose were for general or operating support.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$44.6M

+10.5% YoY

Annual Giving

$2.0M

+0.8% YoY

Grant Count

26

+0.0% YoY

Avg Grant Size

$78K

+0.8% YoY

Under IRS private-foundation payout rules, Good Hope Medical Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary focus is on giving to hospitals and healthcare-related causes. Recent grantmaking priorities include:

  • Public health and health disparities
  • Diabetes management and care
  • Prenatal and maternal health services
  • Community health centers and clinics
  • Healthcare support for underserved populations

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation funds primarily in California and Missouri, with demonstrated activity in the Los Angeles area and South Los Angeles region.

Grant Distribution by State

2states

Share of all 26 itemized 2024 grant dollars.

Cities

Los AngelesPasadenaCommerceCulver CityTorranceTemple CityAltadenaLong BeachPomonaVeniceActonAlhambraCarsonComptonFullertonKansas CityMission HillsMonroviaSan FernandoSan Francisco

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $44,636,654
  • Total Annual Giving: $2,032,650
  • Tax-Exempt Status: Since October 1947
  • Organization Type: 501(c)(3) nonprofit public benefit corporation
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$961K$2M$3M$4M20202021202220232024
Metric202420232022
Total Assets$44,636,654$40,402,425$35,886,360
Revenue$2,175,307$3,494,590$516,273
Expenses$2,389,672$2,406,680$2,497,269
Qualifying Distributions$2,153,547$2,134,926$2,281,978
Net Investment Income$1,939,183$3,222,770$471,318
Distributable Amount$2,128,660$1,851,775$1,885,814

Giving Over Time

Total grant dollars and number of grants per year

$0$544K$1M$2M$2M26 grants202021 grants202127 grants202226 grants202326 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Greater Horizons$500KMlk Community Health Fou…$270K · 2 grantsUnion Rescue Mission$200KSan Gabriel Valley Found…$100KInternational Medical Co…$100KClaris Health$100KHomeboy Industries$100KHope of the Valley Rescu…$100KLos Angeles Room and Board$100KDoor of Hope$75K

Grant Size Distribution

126 grants across all recorded years

61<$50K27$50–100K30$100–250K5$250–500K3$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Greater Horizons ($500,000), Mlk Community Health Foundation ($270,000 across 2 grants), Union Rescue Mission ($200,000).

RecipientPurposeAmount
Greater Horizons KANSAS CITY, MODonor Advised Good Hope Medical Foundation Fund$500,000
MLK COMMUNITY HEALTH FOUNDATION LOS ANGELES, CAFOR DIABETES MANAGEMENT CENTER, SUPPORT FOR CONSULTING FOR HEALTH POLICY AND SUPPORT$250,000
UNION RESCUE MISSION LOS ANGELES, CAURM's dental clinic partnership with USC at Angeles House$200,000
SAN GABRIEL VALLEY FOUNDATION FOR D TEMPLE CITY, CADental clinic and outreach education programs for low-income children and families$100,000
INTERNATIONAL MEDICAL CORPS LOS ANGELES, CAStrengthening emergency response capacity of local organizations serving PEH in LA County$100,000
CLARIS HEALTH LOS ANGELES, CAPrenatal Services - Lynwood Clinic$100,000
Homeboy Industries LOS ANGELES, CAHomeboy Industries' Health and Wellness Program$100,000
Hope of the Valley Rescue Mission VAN NUYS, CAMental Health Care for Homeless Recovery$100,000
Los Angeles Room and Board LOS ANGELES, CASupporting Homeless Students through Wellness Programming$100,000
DOOR OF HOPE PASADENA, CAMENTAL HEALTH SUPPORT PROGRAM$75,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • John H. Quinn – Chief Executive Officer
  • Cynthia Tribull – Chief Financial Officer
  • Pegine E. Grayson – Secretary and Registered Agent

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ASTRID HEPPENSTALL HEGERDirector2—
BOB ADLERDirector2—
ALEXANDER LIDirector2—
PETER KATONADirector2—
HOWARD KAHNPresident2—
DIANA BONTADirector2—
RAYMOND CW PERRYVice President2—
ROBERT ADLERDirector2—
JOHN H QUINNDirector2—
CYNTHIA TRIBULLTreasurer2—
MICHAEL LINDSEYDirector2—

Recent News & Activity

Recent developments and announcements

The foundation has demonstrated active grantmaking in healthcare access and disease management. Recent initiatives include support for diabetes management centers of excellence in South Los Angeles, prenatal health services, and programs serving homeless populations through community health centers. The foundation has also partnered with UCLA Health System and the David Geffen School of Medicine at UCLA on health initiatives.

MLK Community Healthcare receives $2 million to support South LA diabetes

Contact Information

Pasadena Office: 177 E Colorado Blvd, Suite 800 Pasadena, CA 91105-1982 Phone: 626-441-5188

South Pasadena Office: 625 Fair Oaks Ave., Suite 360 South Pasadena, CA 91030

EIN: 95-0782640

Frequently Asked Questions

What does Good Hope Medical Foundation fund?

The foundation's primary focus is on giving to hospitals and healthcare-related causes. Recent grantmaking priorities include: • Public health and health disparities • Diabetes management and care • Prenatal and maternal health services • Community health centers and clinics • Healthcare support for underserved populations

How do I apply for a grant from Good Hope Medical Foundation?

**Financial Capacity:** • Total assets: $44,636,654 • Total annual giving: $2,032,650 • Typical grant awards range from $2,500 to $875,000 **Recent Grants:** • $270,000 to MLK Community Health Foundation for diabetes management center of excellence and UCLA Center for Health Policy Research consulting contract • $500,000 to Greater Horizons (Donor Advised Good Hope Medical Foundation Fund) • $100,000 to Claris Health for prenatal services at Lynwood Clinic • $75,000 to Parktree Community Health…

Where does Good Hope Medical Foundation make grants?

The foundation funds primarily in California and Missouri, with demonstrated activity in the Los Angeles area and South Los Angeles region.

What size grants does Good Hope Medical Foundation award?

In 2024, Good Hope Medical Foundation awarded 26 grants totaling $2.0M — an average of about $78K per grant, based on its IRS Form 990 filings.

How much is Good Hope Medical Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Good Hope Medical Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Good Hope Medical Foundation's EIN?

Good Hope Medical Foundation's EIN (Employer Identification Number) is 95-0782640. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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