Hope Foundation
The Hope Foundation is a private foundation established in 1962, located in Riverside, Rhode Island. The organization operates as a 501(c)(3) nonprofit entity with a focus on supporting operating expenses for various grantees across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
+2.9% YoY
Annual Giving
$241K
+4.5% YoY
Grant Count
70
+268.4% YoY
Avg Grant Size
$3K
-71.6% YoY
Under IRS private-foundation payout rules, Hope Foundation reported a distributable amount of $269K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Hope Foundation aims to support individuals and groups globally, with a commitment to providing essential healthcare and educational support to those in need. The foundation's work is organized across six key portfolio areas:
- Food, Housing & Health
- Community Impact
- Strengthening the Nonprofit Sector
- Board Projects
- Crisis Response & Climate Resilience
- Pro-Democracy & Anti-Hate Initiatives
The foundation's core belief is that everyone deserves an equal chance to succeed, positioning itself as a global advocate for equity.
Grantmaking
The Hope Foundation made 21 grants in 2024. Recent grantees include:
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $3,695,817
- Total Revenues: $375,192
- Total Expenses: $289,401
- Investment Income and Dividends: $113,923
- Number of Employees: 0
The foundation received litigation settlement proceeds related to investment activity during the reporting period.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,695,817 | $3,589,921 | $3,200,283 |
| Revenue | $375,192 | $656,691 | $124,343 |
| Expenses | $289,401 | $267,758 | $353,350 |
| Qualifying Distributions | $245,671 | $230,952 | $295,110 |
| Net Investment Income | $339,256 | $619,885 | $84,723 |
| Distributable Amount | $268,795 | $246,186 | $256,128 |
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 2024
Grant Size Distribution
137 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gallatin Valley Land Trust ($20,986), Datma ($20,000), Emmanuel Church ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 29 BELLEVUE AVENUE FOUNDATION NEWPORT, RI | OPERATING EXPENSES | $1,000 |
| AMERICAN SCHOOL CLASSICAL STUDIES ATHENS NEW YORK, NY | OPERATING EXPENSES | $250 |
| AQUIDNECK ISLAND LAND TRUST MIDDLETOWN, RI | OPERATING EXPENSES | $250 |
| BLITHEWOLD BRISTOL, RI | OPERATING EXPENSES | $1,000 |
| BOZEMAN PUBLIC LIBRARY FOUNDATION BOZEMAN, MT | OPERATING EXPENSES | $2,500 |
| BRIDGER SKI FOUNDATION BOZEMAN, MT | OPERATING EXPENSES | $2,500 |
| BRIDGERCARE BOZEMAN, MT | OPERATING EXPENSES | $2,000 |
| BROOKLINE TEEN CENTER BROOKLINE, MA | OPERATING EXPENSES | $625 |
| BROWN UNIVERSITY PROVIDENCE, RI | OPERATING EXPENSES; JOHN CARTER BROWN LIBRARY | $1,000 |
| CENTER FOR HUMANS AND NATURE LIBERTYVILLE, IL | OPERATING EXPENSES | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANGELA B FISCHER | TRUSTEE | 0.1 | — |
| NICHOLAS BROWN | TRUSTEE | 0.1 | — |
| JOHN C BROWN IV | TRUSTEE | 0.1 | — |
Frequently Asked Questions
What does Hope Foundation fund?
The Hope Foundation aims to support individuals and groups globally, with a commitment to providing essential healthcare and educational support to those in need. The foundation's work is organized across six key portfolio areas: • Food, Housing & Health • Community Impact • Strengthening the Nonprofit Sector • Board Projects • Crisis Response & Climate Resilience • Pro-Democracy & Anti-Hate Initiatives The foundation's core belief is that everyone deserves an equal chance to succeed, positioni…
How do I apply for a grant from Hope Foundation?
The Hope Foundation made 21 grants in 2024. Recent grantees include: • Gallatin Valley Land Trust (GVLT) — $20,986 • Datma — $20,000 • School Year Abroad (SYA) — $17,693 The foundation primarily funds operating expenses for its grantees. Additional grants totaling $193,569 were distributed to 52 other organizations in 2024.
What size grants does Hope Foundation award?
In 2024, Hope Foundation awarded 70 grants totaling $241K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Hope Foundation reported a distributable amount of $269K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hope Foundation's EIN?
Hope Foundation's EIN (Employer Identification Number) is 05-6006366. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Hope Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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