Hope Development Company
Hope Development Company is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $713K in total assets. In 2024, it made $1.4M in qualifying distributions.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$713K
-39.9% YoY
Revenue
$-427,872
+3996.4% YoY
Qualifying Distributions
$1.4M
+33.8% YoY
Expenses
—
Under IRS private-foundation payout rules, Hope Development Company reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About Hope Development Company
Based on IRS filings
Hope Development Company is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $713K in total assets. In 2024, it made $1.4M in qualifying distributions.
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $713,341 | $1,186,911 | $426,926 |
| Revenue | $-427,872 | $-10,445 | $-108,585 |
| Expenses | — | — | — |
| Qualifying Distributions | $1,358,910 | $1,015,458 | $719,688 |
| Net Investment Income | — | — | — |
| Distributable Amount | $41,382 | $54,819 | $17,390 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
0 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AGNES ARNOLD | DIRECTOR | 1 | — |
| ALEXANDRA SMITH | DIRECTOR | 1 | — |
| ANNE STAHL | DIRECTOR | 1 | — |
| CARLOS PLAZAS | TREASURER | 1 | — |
| CAROLYN KRYSIAK | DIRECTOR | 1 | — |
| DOUGLAS E SCHMIDT | CHAIR | 1 | — |
| EBEN HANSEL | DIRECTOR | 1 | — |
| JASON FLIPPOU | VICE CHAIR | 1 | — |
| KARI SNYDER | EXECUTIVE DIRECTOR (IMMEDIATE PAST) | 1 | — |
| MARK PARKER | SECRETARY | 1 | — |
| MATTHEW SEWARD | DIRECTOR | 1 | — |
| MICHELLE FIELDS-HALL | DIRECTOR | 1 | — |
| PATRICK LUNDBERG | DIRECTOR | 1 | — |
| ROBBYN LEWIS | DIRECTOR | 1 | — |
| SONJA WELLS | DIRECTOR | 1 | — |
| JENNIFER NICKOLES | DIRECTOR | 1 | — |
| CARLA PAISLEY | EXECUTIVE DIRECTOR (CURRENT) | 1 | — |
Frequently Asked Questions
How large is Hope Development Company?
As of 2024, Hope Development Company holds $713K in total assets with $-427,872 in annual revenue.
How much is Hope Development Company required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hope Development Company reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hope Development Company's EIN?
Hope Development Company's EIN (Employer Identification Number) is 52-1845968. 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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