Hope and Peace Foundation Inc
Hope and Peace Foundation Inc is a private foundation focused on Education, based in Roslyn HTS, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $93K in total assets. In 2024, it awarded 4 grants totaling $29K.
Key facts about Hope and Peace Foundation Inc
In short: Hope and Peace Foundation Inc gave $29K across 4 grants in 2024 (avg $7K), mostly in New York. Source: 2024 IRS Form 990-PF.
- EIN
- 86-2941514
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $29,467
- Grants made (2024)
- 4
- Average grant
- $7,367
- Median grant
- $6,100
- Total assets
- $92,747
- Primary geography
- New York (58% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$93K
+10536.1% YoY
Annual Giving
$29K
+51.5% YoY
Grant Count
4
+100.0% YoY
Avg Grant Size
$7K
-24.3% YoY
Under IRS private-foundation payout rules, Hope and Peace Foundation Inc reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.
How Hope and Peace Foundation Inc gives
- Giving grew 375% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $6K (2021) to $29K (2024). In 2024 it made 4 grants totaling $29K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was University of NIS School of Medicin ($12K). Together the top 4 received $29K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of NIS School of Medicin | Charitable Purpose | $12,267 |
| Javed Saiqa Centereach, NY | Charitable Purpose | $7,200 |
| Amina Rahman East Meadow, NY | Charitable Purpose | $5,000 |
| Mohammad Rashid Jamaica, NY | Charitable Purpose | $5,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $92,747 | $872 | $1,127 |
| Revenue | $121,367 | $19,200 | $24,800 |
| Expenses | $29,492 | $19,455 | $27,460 |
| Qualifying Distributions | $29,467 | $19,455 | $27,005 |
| Distributable Amount | $2,305 | $49 | $121 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Hope and Peace Foundation Inc is led by Syed Arman Husain, President, Vice President & Treasurer on every filing since 2021 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Syed Arman Husain
President, Vice President & Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 Hope and Peace Foundation Inc
How much does Hope and Peace Foundation Inc give each year?
Hope and Peace Foundation Inc gave $29K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 2 grants.
What is Hope and Peace Foundation Inc's typical grant size?
Hope and Peace Foundation Inc's median grant in 2024 was $6,100, and its average grant was $7,367, across 4 grants on its 2024 IRS Form 990-PF.
Where does Hope and Peace Foundation Inc give grants?
Hope and Peace Foundation Inc gives mostly in New York: 58% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there.
How large is Hope and Peace Foundation Inc?
Hope and Peace Foundation Inc reported $93K in total assets on its 2024 IRS Form 990-PF. It paid out $29K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).
What is Hope and Peace Foundation Inc?
Hope and Peace Foundation Inc is a private foundation focused on Education, based in Roslyn HTS, NY. It holds $93K in total assets as of 2024.
What is Hope and Peace Foundation Inc's EIN?
Hope and Peace Foundation Inc's EIN (Employer Identification Number) is 86-2941514. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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