Hope for Tomorrow Inc
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Hope for Tomorrow Inc at a glance
In short: Hope for Tomorrow Inc gave $57K across 6 grants in 2024 (avg $9K), top state Maryland. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $56,696
- -88.7% vs 2023
- Grants made (2024)
- 6
- Average grant
- $9,449
- Median grant
- $9,598
- Total assets
- $1,083,131
- -0.3% vs 2023
- Primary geography
- Maryland (35% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Hope for Tomorrow Inc funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
The largest 2024 recipient was Viet TOC Foundation Inc ($18K). Together the top 6 received $57K.
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 8 grants of 8 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $8K (2020) to $500K (2023). In 2024 it made 6 grants totaling $57K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Viet TOC Foundation Inc Annapolis, MD | Support Educational Fund | $17,500 |
| Viet Hope Inc Covina, CA | Support Educational Fund | $12,500 |
| St Patrick Episcopal Church Falls Church, VA | Domestic Dental Mission | $11,696 |
| Perspective Charity Inc Richardson, TX | Support Educational Fund | $7,500 |
| Lotus School Foundation Inc San Antonio, TX | Natural Disaster Relief - Typhoon | $5,000 |
| Maryland Vietnamese Mutual Association Inc Silver Spring, MD | Support Educational Fund | $2,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $1,083,131 | $630,102 | $484,608 | $56,696 | 6 | $6,473 |
| 2023 | $1,086,475 | $1,061,923 | $505,253 | $500,243 | Total only | $19,894 |
| 2022 | $963,240 | $598,219 | $633,738 | $15,000 | 1 | $8,367 |
| 2021 | $1,073,486 | $536,836 | $418,450 | $410,376 | Total only | $3,940 |
| 2020 | $808,811 | $327,934 | $627,829 | $8,000 | 1 | $8,859 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Hope for Tomorrow Inc
Based on IRS filings
Hope for Tomorrow Inc is a public charity focused on Human Services, based in Derwood, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 6 grants totaling $57K. Net investment income was $6K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Hope for Tomorrow Inc is led by Duc T. Le MD, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
Duc T. Le MD
President
On filings since 2020
12 hrs/week
No compensation reported
Anna Abel DDS
Director
On filings since 2020
12 hrs/week
No compensation reported
Chau Nguyen
Director
On filings since 2020
12 hrs/week
No compensation reported
Hung Nguyen
Director
Vice President → Director, 2024
On filings since 2020
12 hrs/week
No compensation reported
Thi A. Nguyen DDS
Director
On filings since 2020
12 hrs/week
No compensation reported
Chuong Phan DDS
Secretary
On filings since 2020
12 hrs/week
No compensation reported
Quyen Dang DDS
Vice President
On filings since 2020
12 hrs/week
No compensation reported
Thang Do
Tresurer
Treasurer → Tresurer, 2024
On filings since 2020
15 hrs/week
No compensation reported
Former officers (1)
- Former: Loc X. Nguyen (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "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 for Tomorrow Inc
How much does Hope for Tomorrow Inc give each year?
Hope for Tomorrow Inc gave $57K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it reported $500K in grants paid.
What is Hope for Tomorrow Inc's typical grant size?
Hope for Tomorrow Inc's median grant in 2024 was $9,598, and its average grant was $9,449, across 6 grants on its 2024 IRS Form 990.
Where does Hope for Tomorrow Inc give grants?
Hope for Tomorrow Inc's top state is Maryland, with 35% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (22%) and Texas (22%).
Does Hope for Tomorrow Inc give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Hope for Tomorrow Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Support Educational Fund" (4 grants).
Who are Hope for Tomorrow Inc's largest grantees?
Hope for Tomorrow Inc's largest 2024 grantees include Viet TOC Foundation Inc ($17,500), Viet Hope Inc ($12,500) and St Patrick Episcopal Church ($11,696), according to its 2024 IRS Form 990. Together they received 74% of its itemized 2024 grant dollars.
How large is Hope for Tomorrow Inc?
Hope for Tomorrow Inc reported $1.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $630K.
What is Hope for Tomorrow Inc?
Hope for Tomorrow Inc is a public charity focused on Human Services, based in Derwood, MD. It holds $1.1M in total assets as of 2024.
What is Hope for Tomorrow Inc's EIN?
Hope for Tomorrow Inc's EIN (Employer Identification Number) is 51-0596442. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS December 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 16, 2025)
- IRS filings on file for fiscal years 2020–2024
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