Hoopes Family Foundation Inc

GLENS FALLS, NY EIN: 27-1546276

Hoopes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENS FALLS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.9M in total assets. In 2024, it awarded 5 grants totaling $610K. Net investment income was $1.1M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.9M

+8.2% YoY

Annual Giving

$610K

-1.6% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$122K

-1.6% YoY

Under IRS private-foundation payout rules, Hoopes Family Foundation Inc reported a distributable amount of $691K for 2024 — the minimum it must pay out in qualifying distributions.

About Hoopes Family Foundation Inc

Based on IRS filings

Hoopes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENS FALLS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.9M in total assets. In 2024, it awarded 5 grants totaling $610K. Net investment income was $1.1M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Bolton LandingDiamond PointGlens FallsLake GeorgeQueensbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$5M$8M$11M20202021202220232024
Metric202420232022
Total Assets$14,883,337$13,758,387$13,485,537
Revenue$1,857,636$1,002,305$920,551
Expenses$732,686$729,789$607,861
Qualifying Distributions$619,921$626,600$460,674
Net Investment Income$1,083,360$524,385$835,084
Distributable Amount$691,016$616,408$628,626

Giving Over Time

Total grant dollars and number of grants per year

$0$155K$310K$465K$620K5 grants20206 grants20216 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Glens Falls Hospital Fou…$350KThe Hyde Collection$130KHudson Headwaters Health…$95KLake George Association$25KBolton Emergency Medical…$10K

Grant Size Distribution

27 grants across all recorded years

16<$50K4$50–100K2$100–250K5$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Glens Falls Hospital Foundation ($350,000), The Hyde Collection ($130,000), Hudson Headwaters Health Network ($95,000).

RecipientPurposeAmount
Glens Falls Hospital Foundation Glens Falls, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$350,000
Bolton Emergency Medical Services Inc Bolton Landing, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$10,000
Lake George Association Lake George, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$25,000
The Hyde Collection Glens Falls, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$130,000
Hudson Headwaters Health Network Queensbury, NYContributions made to aid and assist the donee in the function for which they have been granted tax exempt status.$95,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Joshua SilverPresident
Chelsea SilverDirector
Charnell H ThompsonSecretary
Margaret HoopesDirector
Patricia B HoopesDirector
Camree ThompsonDirector
Hunter ThompsonDirector
Benjamin PrattVP & Treasurer

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hoopes Family Foundation Inc?

Hoopes Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENS FALLS, NY. It holds $14.9M in total assets as of 2024.

How large is Hoopes Family Foundation Inc?

As of 2024, Hoopes Family Foundation Inc holds $14.9M in total assets with $1.9M in annual revenue. It awarded 5 grants totaling $610K in 2024.

Where does Hoopes Family Foundation Inc operate?

Hoopes Family Foundation Inc has awarded grants in New York.

What size grants does Hoopes Family Foundation Inc award?

In 2024, Hoopes Family Foundation Inc awarded 5 grants totaling $610K — an average of about $122K per grant, based on its IRS Form 990 filings.

How much is Hoopes Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hoopes Family Foundation Inc reported a distributable amount of $691K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hoopes Family Foundation Inc's EIN?

Hoopes Family Foundation Inc's EIN (Employer Identification Number) is 27-1546276. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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