Hope for ME

Foundation · Grantmaker Manchester, ME EIN: 82-4810951

Hope for ME is a private foundation focused on Employment, based in Manchester, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grant totaling $1K.

Key facts about Hope for ME

EIN
82-4810951
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,000
Grants made (2024)
1
Average grant
$1,000
Median grant
$1,000
Total assets
$1,703
Primary geography
Maine (100% of itemized 2024 grant dollars)

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

How Hope for ME gives

  • In 2024 it paid out 952% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Hope for ME

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2K

-37.6% YoY

Annual Giving

$1K

+0.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1K

+0.0% YoY

Under IRS private-foundation payout rules, Hope for ME reported a distributable amount of $105 for 2024 — the minimum it must pay out in qualifying distributions.

About Hope for ME

Based on IRS filings

Hope for ME is a private foundation focused on Employment, based in Manchester, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2K in total assets. In 2024, it awarded 1 grant totaling $1K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

Fairfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$761.2$2K$2K$3K20202021202220232024
Metric202420232022
Total Assets$1,703$2,727$3,234
Revenue$400$2,261$1,627
Expenses$1,424$2,768$1,180
Qualifying Distributions$1,000$1,818$915
Net Investment Income———
Distributable Amount$105$129$138

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$250$500$750$1K0 grants20200 grants20210 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Kennebec Valley Community College: $1KKennebec Valley CommunityCollege$1K

Grant Size Distribution

2 grants across all recorded years

2<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Kennebec Valley Community College ($1,000).

RecipientPurposeAmount
Kennebec Valley Community College Fairfield, MEAssist job seekers with funds to pursue addl education$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Harold NortonBoard Member1—
Joshua NortonBoard Member1—
Wendy BrochuPresident1—
Donna MooreTreasurer1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hope for ME?

Hope for ME is a private foundation focused on Employment, based in Manchester, ME. It holds $2K in total assets as of 2024.

How large is Hope for ME?

As of 2024, Hope for ME holds $2K in total assets with $400 in annual revenue. It awarded 1 grant totaling $1K in 2024.

Where does Hope for ME operate?

Hope for ME has awarded grants in Maine.

What size grants does Hope for ME award?

In 2024, Hope for ME awarded 1 grant totaling $1K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is Hope for ME required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hope for ME reported a distributable amount of $105 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hope for ME's EIN?

Hope for ME's EIN (Employer Identification Number) is 82-4810951. IRS Form 990 filing data is available on this page for 2020–2024.

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

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