Hopestar Foundation

CHARLOTTE, NC EIN: 80-6198680

Hopestar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it awarded 24 grants totaling $122K. Net investment income was $137K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$205K

-54.1% YoY

Annual Giving

$122K

+275.1% YoY

Grant Count

24

+2300.0% YoY

Avg Grant Size

$5K

-84.4% YoY

Under IRS private-foundation payout rules, Hopestar Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.

About Hopestar Foundation

Based on IRS filings

Hopestar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $205K in total assets. In 2024, it awarded 24 grants totaling $122K. Net investment income was $137K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

AlbemarleArlingtonAshevilleBurnsvilleChapel HillCharlotteChicagoGreensboroGreenvilleLouisburgRaleighSudburyVariousWashingtonWhittier

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$118K$236K$355K$473K20202021202220232024
Metric202420232022
Total Assets$204,666$445,503$88,920
Revenue$371,872$429,950$135,417
Expenses$324,678$150,440$169,615
Qualifying Distributions$319,300$32,495$106,641
Net Investment Income$137,072
Distributable Amount$15,743$17,878$3,962

Giving Over Time

Total grant dollars and number of grants per year

$0$67K$134K$200K$267K1 grants20201 grants20211 grants20221 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NURTURE NC$52KHEALTHCONNECT ONE (NURTU…$24KNC PHILANTHROPY LIAISON …$10KTHE CENTER FOR NATIVE HE…$10KEAST CAROLINA UNIVERSITY…$5KYANCY COUNTY DA TRAUMA I…$5KSTANLY COMMUNITY COLLEGE…$4KCAROLINAS COLLABORATIVE$3KCHILD CARE AWARE OF AMER…$3KTHE HACKETT CENTER POLIC…$3K

Grant Size Distribution

28 grants across all recorded years

25<$50K1$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Nurture Nc ($51,500), Healthconnect One (nurture Nc) ($23,500), Nc Philanthropy Liaison (nc Osp) ($10,000).

RecipientPurposeAmount
AFP CHARLOTTE CHARLOTTE, NCUNRESTRICTED CHARITABLE GRANT$500
AMERICAN RED CROSS CHARLOTTE, NCUNRESTRICTED CHARITABLE GRANT$518
CAROLINAS COLLABORATIVE GREENVILLE, SCLAUNCHED IN 2010, THE INSTITUTE FOR CHILD SUCCESS (ICS) IS AN INDEPENDENT RESEARCH AND APPLIED POLICY ORGANIZATION. ICS WORKS TO CREATE A CULTURE THAT FACILITATES AND FOSTERS THE SUCCESS OF ALL CHILDREN. ICS SUPPORTS POLICYMAKERS, SERVICE PROVIDERS, GOVERNMENT AGENCIES, FUNDERS, AND BUSINESS LEADERS FOCUSED ON EARLY CHILDHOOD DEVELOPMENT, HEALTHCARE, AND EDUCATION, WITH THE GOAL OF IMPROVING THE LIVES OF YOUNG CHILDREN PRENATAL TO AGE EIGHT AND THEIR FAMILIES. ICS HELPS YOUNG CHILDREN SUCCEED BY WORKING WITH STAKEHOLDERS TO SEEK HOLISTIC SOLUTIONS TO COMPLEX EARLY CHILDHOOD CHALLENGES.$2,500
CHARLOTTE BALLET CHARLOTTE, NCUNRESTRICTED CHARITABLE GRANT$250
CHARLOTTE MECKLENBURG LIBRARY FOUNDATION CHARLOTTE, NCUNRESTRICTED CHARITABLE GRANT$250
CHILD CARE AWARE OF AMERICA SYMPOSIUM ARLINGTON, VAWE ADVANCE A CHILD CARE SYSTEM THAT EFFECTIVELY SERVES ALL CHILDREN AND FAMILIES. OUR WORK IS STRENGTHENED BY A NATIONAL NETWORK OF CHILD CARE RESOURCE AND REFERRAL AGENCIES AND DIVERSE MEMBERS AND PARTNERS.$2,500
CONGREGATION BETH HATEPHILA ASHEVILLE, NCUNRESTRICTED CHARITABLE GRANT$103
EAST CAROLINA UNIVERSITY (ECU) GREENVILLE, NCPROVIDING CULTURAL ENRICHMENT AND POWERFUL INSPIRATION AS WE WORK TO SUSTAIN AND IMPROVE QUALITY OF LIFE.$5,000
HEALTHCONNECT ONE (NURTURE NC) CHICAGO, ILHEALTHCONNECT ONE (HC ONE) IS THE NATIONAL LEADER IN ADVANCING EQUITABLE, COMMUNITY-BASED, PEER-TO-PEER SUPPORT FOR PREGNANCY, BIRTH, BREASTFEEDING, AND EARLY PARENTING.$23,500
KELLIN FOUNDATION GREENSBORO, NCUNRESTRICTED CHARITABLE GRANT$84

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ELIZABETH H STARTRUSTEE40
JULIA R WINERTRUSTEE10
BENJAMIN D WINERTRUSTEE10

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hopestar Foundation?

Hopestar Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. It holds $205K in total assets as of 2024.

How large is Hopestar Foundation?

As of 2024, Hopestar Foundation holds $205K in total assets with $372K in annual revenue. It awarded 24 grants totaling $122K in 2024.

Where does Hopestar Foundation operate?

Hopestar Foundation has awarded grants in District of Columbia, Illinois, Massachusetts, North Carolina, South Carolina, Virginia.

What size grants does Hopestar Foundation award?

In 2024, Hopestar Foundation awarded 24 grants totaling $122K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is Hopestar Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hopestar Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hopestar Foundation's EIN?

Hopestar Foundation's EIN (Employer Identification Number) is 80-6198680. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Related Funders

Similar funders by location and focus area

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

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