Hope Exponential Family Foundation
Hope Exponential Family Foundation is a private foundation, based in Maple Grove, MN. IRS filing data is available from 2021 through 2023. As of 2023, the organization holds $637K in total assets. In 2023, it awarded 1 grant totaling $2K.
Hope Exponential Family Foundation at a glance
In short: Hope Exponential Family Foundation gave $2K across 1 grant in 2023 (avg $2K), mostly in Minnesota. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,700
- -90.3% vs 2022
- Grants made (2023)
- 1
- -50.0% vs 2022
- Average grant
- $1,700
- -80.6% vs 2022
- Median grant
- $1,700
- Total assets
- $636,572
- +6.9% vs 2022
- Primary geography
- Minnesota (100% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who Hope Exponential Family Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2023
The largest 2023 recipient was Totino-Grace High School ($2K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2023 grant dollars on its one itemized grant.
States
Cities
How Hope Exponential Family Foundation gives
- In 2023 it paid out 41% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $2K (2023) to $18K (2022). In 2023 it made 1 grant totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Totino-Grace High School Fridley, MN | Scholarship | $1,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | $636,572 | $76,140 | $35,032 | $1,700 | 1 | $7,089 | — | $17,429 |
| 2022 | $595,464 | $92,194 | $17,500 | $17,500 | 2 | $17,500 | $5,481 | $6,463 |
| 2021 | $520,770 | $520,770 | — | — | — | — | — | $5,130 |
Under IRS private-foundation payout rules, Hope Exponential Family Foundation reported a distributable amount of $17K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Hope Exponential Family Foundation is led by Paul Meyer, President on every filing since 2021; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Paul Meyer
President
On filings since 2021
1 hr/week
No compensation reported
Jonelle Meyer
Secretary
On filings since 2021
1 hr/week
No compensation reported
Kurt Malcore
Treasurer
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2023. "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 Exponential Family Foundation
How much does Hope Exponential Family Foundation give each year?
Hope Exponential Family Foundation gave $2K across 1 grant in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $18K across 2 grants.
How large is Hope Exponential Family Foundation?
Hope Exponential Family Foundation reported $637K in total assets on its 2023 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $17K (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.
Where does Hope Exponential Family Foundation operate?
Hope Exponential Family Foundation has awarded grants in Minnesota.
What is Hope Exponential Family Foundation's EIN?
Hope Exponential Family Foundation's EIN (Employer Identification Number) is 87-3036964. IRS Form 990 filing data is available on this page for 2021–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2023
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