The Hopewell Fund is a 501(c)(3) public charity established in 2015 and based in Washington, DC. The organization specializes in fiscal sponsorship and project incubation services, enabling donors, social entrepreneurs, and changemakers to launch new, innovative social change initiatives without establishing separate nonprofit entities. Hopewell also provides fiscal sponsorship for existing projects that are ready to begin charitable work but do not yet have nonprofit status.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$172.9M
+1.4% YoY
Annual Giving
$112.3M
+32.8% YoY
Grant Count
256
-16.9% YoY
Avg Grant Size
$439K
+59.7% YoY
Mission & Focus Areas
The Hopewell Fund manages domestic and international initiatives aimed at advancing public good and achieving equity for all people.
Program Areas:
- Civil Rights, Social Action, and Advocacy: Addressing income inequality, improving civic engagement among traditionally underrepresented groups, and advancing state-level economic and democracy reforms
- Youth Development and Education: Supporting the development and improvement of education in the United States
- Health: Including women's health, healthcare access, and reducing health disparities and avoidable infant mortality
- International Development & Foreign Affairs
- Technology & Innovation
The organization is committed to integrating equity and belonging throughout its work culture and programmatic initiatives, dedicating itself to fair treatment, access, opportunity, and advancement for all people.
Grantmaking
Hopewell Fund functions as both a fiscal sponsor and grantmaker. Recent grant activity includes:
Ready to take the next step with Hopewell Fund?
Geographic Focus
Where this funder awards grants
Hopewell Fund manages both domestic and international initiatives. The organization has experience supporting projects across the United States as well as international development and foreign affairs work.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
FY 2024:
- Total Revenue: $208,022,501
- Total Expenses: $197,068,456
- Total Assets: $172,927,279
- Total Liabilities: $8,060,000
FY 2023:
- Total Assets: $170,485,420
- Total Giving: $87,030,788
- Annual Revenue: $157,709,416
Staffing: 163 employees (as of 2024)
Rating: Hopewell Fund holds a Three-Star rating with an 84% score based on accountability and finance metrics.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $172,927,279 | $170,485,420 | $176,857,021 |
| Revenue | $208,022,501 | $157,709,416 | $178,097,921 |
| Expenses | $197,068,456 | $156,563,563 | $157,316,014 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $6,210,974 | $4,987,312 | $1,866,642 |
| Distributable Amount | — | — | — |
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
200 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
President: Anna Brower (effective September 2025) - inaugural president
Previous Leadership: Lee Bodner (2016-2025), Eric Kessler (2015-2016)
Governance: The organization is overseen by an independent board of directors with extensive experience in philanthropy, nonprofit management, and policy and advocacy.
Operational Support: Hopewell contracts with Sunflower Services, an independent nonprofit-owned Public Benefit Corporation, for back-office support including finance, HR, grants management, and compliance. Hopewell is among the nonprofit owners of Sunflower Services.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| COURTNEY CUFF | PROJECT DIRECTOR | 40 | $359,880 |
| SHARONA ROTH | PROJECT DIRECTOR | 40 | $340,974 |
| MEAGAN CAVANAUGH | PROJECT DIRECTOR | 40 | $254,949 |
| SARAH PRAY | PROJECT DIRECTOR | 40 | $263,204 |
| MELANIE GELLING ZUREK | PROJECT DIRECTOR | 40 | $250,207 |
| ANDREW SCHULZ | GENERAL COUNSEL | 1 | — |
| LEE BODNER | BOARD CHAIR AND PRESIDENT | 1 | — |
| CHERYL CONTEE | SECRETARY & TREASURER | 1 | — |
| MARISSA PADILLA | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
**Leadership Announcement (2025):** Hopewell Fund announced Anna Brower as its inaugural president, effective September 2025
Hopewell Fund Announces Anna Brower as Inaugural President**Fiscal Sponsorship:** Galvanize USA, a civic and social organizations company founded in 2018, operates as a fiscally sponsored project of Hopewell Fund with 17 employees
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Demand Justice Initiative
WASHINGTON, DC
Assets
$7.6M
Grants
1
Total Given
$225K
American Academic Leadership Institute
WASHINGTON, DC
Assets
$3.6M
Grants
2
Total Given
$50K
Cnfa
WASHINGTON, DC
Assets
$18.3M
Grants
9
Total Given
$4.2M
Partnership for a Healthier America
WASHINGTON, DC
Assets
$10.8M
Grants
12
Total Given
$350K
Association of Schools of Allied Health
WASHINGTON, DC
Assets
$2.3M
Grants
2
Total Given
$60K
Fulcrum Foundation Inc
WASHINGTON, DC
Assets
$53K
Grants
10
Total Given
$13K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Hopewell Fund on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities