Hope for New York
Hope for New York (HFNY) is a 501(c)(3) public charity based in New York City that serves as a coalition bringing together nonprofits, workplaces, churches, and individual New Yorkers to support vulnerable populations. Founded in 1992, the organization mobilizes volunteer and financial resources to address poverty and marginalization across the city.
Key facts about Hope for New York
- EIN
- 13-3713484
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $2,086,014
- Grants made (2025)
- 45
- Average grant
- $46,356
- Median grant
- $43,000
- New grantees (estimate)
- 11% first-time grantees (5 of 45, 2025)
- Total assets
- $5,742,742
- Primary geography
- New York (90% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Hope for New York funds
By grant dollars, the top recipient states for Hope for New York's 45 itemized 2025 grants were New York (90%) and New Jersey (5%). The most frequent recipient cities were New York, NY (20 grants), Brooklyn, NY (7 grants), Bronx, NY (5 grants) and Staten Island, NY (2 grants). None of its 45 grants with a stated purpose were described as general or operating support. Recurring purposes include "Refer to Part IV" (45 grants).
Is Hope for New York open to new grantees?
11%
first-time grantees, 2025
In 2025, 5 of 45 grantees (11%) were first-time recipients. First grants averaged $37K; repeat grants $48K. How we count
Medians: $24K first-time, $45K repeat.
Estimate from itemized IRS Form 990-PF grant lists (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Hope for New York
- How to evaluate Hope for New York as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Hope for New York with AI
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$5.7M
+30.6% YoY
Annual Giving
$2.1M
-16.0% YoY
Grant Count
45
+4.7% YoY
Avg Grant Size
$46K
-19.8% YoY
Mission & Focus Areas
Mission: To mobilize volunteer and financial resources to support nonprofit organizations serving the poor and marginalized in New York City.
Vision: A New York City in which all people experience spiritual, social, and economic flourishing through the demonstration of Christ's love.
The organization operates through three primary program areas:
- Grantmaking: Provides grants to organizations serving the poor and marginalized in New York City
- Volunteerism: Mobilizes volunteers and equips leaders to serve nonprofit affiliate partners
- Capacity Building: Offers training resources and assistance to partner organizations
Populations served include at-risk youth, economically disadvantaged people, immigrants and migrants, incarcerated people, and victims and oppressed people.
Grantmaking
Hope for New York distributes grants to a network of vetted nonprofit partners. As of the most recent data:
Grant Range
** Typical awards range from $9,000 to $267,179
Grant Types
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Geographic Focus
Where this funder awards grants
Hope for New York primarily funds organizations in New York City, with some activity in New Jersey and Virginia.
Grant Distribution by State
Share of all 45 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $4,398,431
- Total Revenues: $5,084,895
- Total Expenses: $5,677,385
- Staff: 18 employees
Previous Year (2023):
- Total Assets: $5,220,000
- Total Revenues: $4,810,000
- Total Expenses: $5,160,000
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $5,742,742 | $4,398,431 | $5,223,765 |
| Revenue | $5,130,809 | $5,084,895 | $4,805,166 |
| Expenses | $5,455,126 | $5,677,385 | $5,164,506 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $105,270 | $168,521 | $138,681 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 28, 2025)
- IRS filings on file for fiscal years 2020–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
208 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include The Bowery Mission ($124,500), Salvation Army Greater New York Division ($113,448), City Relief ($105,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE BOWERY MISSION New York, NY | REFER TO PART IV | $124,500 |
| SALVATION ARMY GREATER NEW YORK DIVISION New York, NY | REFER TO PART IV | $113,448 |
| CITY RELIEF Clifton, NJ | REFER TO PART IV | $105,000 |
| A HOUSE ON BEEKMAN Bronx, NY | REFER TO PART IV | $100,000 |
| AVAIL NYC New York, NY | REFER TO PART IV | $89,879 |
| RESTORE NYC New York, NY | REFER TO PART IV | $85,700 |
| THE FATHER'S HEART MINISTRIES New York, NY | REFER TO PART IV | $78,900 |
| OPERATION EXODUS INNER CITY INC New York, NY | REFER TO PART IV | $75,970 |
| OPEN HANDS LEGAL SERVICES New York, NY | REFER TO PART IV | $75,000 |
| YOUNG LIFE GOTHAM CITY New York, NY | REFER TO PART IV | $74,700 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Chief Executive Officer: Elise Chong
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Un Mi Elise Chong | Chief Executive Officer | 45 | $251,429 |
| Gina Sohn | Chair | 5 | — |
| Joseph Selvidio Esq | Vice Chair | 5 | — |
| Scott Strickman | Secretary | 2 | — |
| Michelle Brouhard | Treasurer | 2 | — |
| Angela Profeta | Director | 2 | — |
| Carol Herring | Director | 2 | — |
| Daniel Bitar | Director | 2 | — |
| Douglas Monticciolo | Director | 2 | — |
| Hee-Jung Moon Esq | Director | 2 | — |
| In Seon Hwang | Director | 2 | — |
| Keye Chow | Director | 2 | — |
| Ruby Greywoode | Director | 2 | — |
| David Teh-Yu Hung | Chief Programs Officer | 45 | $170,800 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Hope for New York fund?
**Mission:** To mobilize volunteer and financial resources to support nonprofit organizations serving the poor and marginalized in New York City. **Vision:** A New York City in which all people experience spiritual, social, and economic flourishing through the demonstration of Christ's love. The organization operates through three primary program areas: • **Grantmaking:** Provides grants to organizations serving the poor and marginalized in New York City • **Volunteerism:** Mobilizes volunteers…
How do I apply for a grant from Hope for New York?
Hope for New York distributes grants to a network of vetted nonprofit partners. As of the most recent data: • **80+ vetted nonprofit partners** in the coalition • **Grant distribution:** In 2020, the organization reached an annual grant distribution milestone of $3.2 million • **Recent grant activity (2024):** Total giving of $2,985,291 across 40 grants • **Grant range:** Typical awards range from $9,000 to $267,179 • **Recent major grants (2024):** The Salvation Army ($185,000), The Bowery Mis…
Where does Hope for New York make grants?
Hope for New York primarily funds organizations in New York City, with some activity in New Jersey and Virginia.
What size grants does Hope for New York award?
In 2025, Hope for New York awarded 45 grants totaling $2.1M — an average of about $46K per grant, based on its IRS Form 990 filings.
What is Hope for New York's EIN?
Hope for New York's EIN (Employer Identification Number) is 13-3713484. IRS Form 990 filing data is available on this page for 2020–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.