Hope Rasalam Foundation Rasalam

Private foundation · Grantmaker Valdosta, GA EIN: 36-3768667

Hope Rasalam Foundation Rasalam is a private foundation, based in Valdosta, GA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $257K in total assets. In 2024, it awarded 1 grant totaling $8K.

Key facts about Hope Rasalam Foundation Rasalam

In short: Hope Rasalam Foundation Rasalam gave $8K across 1 grant in 2024 (avg $8K), mostly in Georgia. Source: 2024 IRS Form 990-PF.

EIN
36-3768667
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$8,100
Grants made (2024)
1
Average grant
$8,100
Median grant
$8,100
Total assets
$256,850
Primary geography
Georgia (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$257K

+5.4% YoY

Annual Giving

$8K

-60.8% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$8K

+17.7% YoY

How Hope Rasalam Foundation Rasalam gives

  • Giving grew 113% from 2021 to 2024. Method
  • In 2023 it paid out 184% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

Cities

ValdostaBoone

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2019 4 grants2020 1 grant2021 1 grant2022 3 grants2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $4K (2021) to $21K (2023). In 2024 it made 1 grant totaling $8K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$8,100

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$20K$40K$60K$80K2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$256,850$243,737$274,792
Revenue$32,160$68,464$68,860
Expenses$19,047$46,534$61,508
Qualifying Distributions$8,100$20,650$9,050
Distributable Amount—$11,246$7,298

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS February 16, 2021)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS September 30, 2022)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 29, 2024)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS January 29, 2024)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 19, 2025)
  7. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Hope Rasalam Foundation Rasalam is led by Livingstone A. Rasalam, President on every filing since 2019; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Livingstone A. Rasalam

    President

    On filings since 2019

    No compensation reported

  • Frank Christian

    Director

    On filings since 2019

    No compensation reported

  • Stan Christian

    Director

    On filings since 2019

    No compensation reported

  • Charlotte Wilson

    Secretary & Treasurer

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "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 Rasalam Foundation Rasalam

How much does Hope Rasalam Foundation Rasalam give each year?

Hope Rasalam Foundation Rasalam gave $8K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $21K across 3 grants.

How large is Hope Rasalam Foundation Rasalam?

Hope Rasalam Foundation Rasalam reported $257K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $32K.

Where does Hope Rasalam Foundation Rasalam operate?

Hope Rasalam Foundation Rasalam has awarded grants in Georgia, North Carolina.

What is Hope Rasalam Foundation Rasalam's EIN?

Hope Rasalam Foundation Rasalam's EIN (Employer Identification Number) is 36-3768667. IRS Form 990 filing data is available on this page for 2019–2024.

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

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