Hopeworld Family Foundation Inc

Private foundation · Grantmaker Freehold, NJ EIN: 46-4348555

Hopeworld Family Foundation Inc is a private foundation focused on Recreation & Sports, based in Freehold, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $692K in total assets. In 2025, it awarded 6 grants totaling $12K. Net investment income was $32K.

Key facts about Hopeworld Family Foundation Inc

In short: Hopeworld Family Foundation Inc gave $12K across 6 grants in 2025 (avg $2K), top state Florida. Source: 2025 IRS Form 990-PF.

EIN
46-4348555
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$12,036
Grants made (2025)
6
Average grant
$2,006
Median grant
$657
Total assets
$691,992
Primary geography
Florida (17% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$692K

+18.8% YoY

Annual Giving

$12K

+214.5% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$2K

+109.7% YoY

Under IRS private-foundation payout rules, Hopeworld Family Foundation Inc reported a distributable amount of $45K for 2025 — the minimum it must pay out in qualifying distributions.

How Hopeworld Family Foundation Inc gives

  • Giving grew 619% from 2022 to 2025. Method
  • In 2025 it paid out 174% 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

7states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

New YorkNewarkWashingtonSan FranciscoBaysideFreeholdMorristownSaint PetersburgSomerville

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K5 grants2020 1 grant2021 3 grants2022 3 grants2023 4 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $2K (2021) to $12K (2025). In 2025 it made 6 grants totaling $12K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Maosen Vocational School: $9KMaosen Vocational School$9K80-20 Educational Foundation Inc: $2K80-20 Educational FoundationInc$2KChinese American Museum: $1KChinese American Museum$1KChannel ThirteenPBS: $213Channel ThirteenPBS$213Wikipedia (Wikimedia Foundation Inc): $100Wikipedia (WikimediaFoundation Inc)$100ActBlue: $15ActBlue$15

The largest 2025 recipient was Maosen Vocational School ($9K). Together the top 6 received $12K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Maosen Vocational School Educational$8,608
80-20 Educational Foundation Inc Saint Petersburg, FLEducational$2,000
Chinese American Museum Washington, DCCharitable$1,100
Channel ThirteenPBS New York, NYCharitable$213
Wikipedia (Wikimedia Foundation Inc) San Francisco, CACharitable$100
ActBlue Somerville, MACharitable$15

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$691,992$582,581$575,280
Revenue$172,798$51,405$94,167
Expenses$77,793$45,943$44,284
Qualifying Distributions$77,728$45,865$44,233
Net Investment Income$32,414$4,698$5,609
Distributable Amount$44,633$38,386$30,212

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 13, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 9, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS February 12, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS February 11, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS February 9, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Hopeworld Family Foundation Inc is led by Jian Wu, CEO on every filing since 2020; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jian Wu

    CEO

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Xiaoyin Tang

    CFO

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 Hopeworld Family Foundation Inc

How much does Hopeworld Family Foundation Inc give each year?

Hopeworld Family Foundation Inc gave $12K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 4 grants.

What is Hopeworld Family Foundation Inc's typical grant size?

Hopeworld Family Foundation Inc's median grant in 2025 was $657, and its average grant was $2,006, across 6 grants on its 2025 IRS Form 990-PF.

Where does Hopeworld Family Foundation Inc give grants?

Hopeworld Family Foundation Inc's top state is Florida, with 17% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was District of Columbia (9%).

Does Hopeworld Family Foundation Inc give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on Hopeworld Family Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (4 grants).

Who are Hopeworld Family Foundation Inc's largest grantees?

Hopeworld Family Foundation Inc's largest 2025 grantees include Maosen Vocational School ($8,608), 80-20 Educational Foundation Inc ($2,000) and Chinese American Museum ($1,100), according to its 2025 IRS Form 990-PF. Together they received 97% of its itemized 2025 grant dollars.

How large is Hopeworld Family Foundation Inc?

Hopeworld Family Foundation Inc reported $692K in total assets on its 2025 IRS Form 990-PF. It paid out $78K in qualifying distributions that year, against a required minimum of $45K (roughly 5% of its investment assets).

What is Hopeworld Family Foundation Inc?

Hopeworld Family Foundation Inc is a private foundation focused on Recreation & Sports, based in Freehold, NJ. It holds $692K in total assets as of 2025.

What is Hopeworld Family Foundation Inc's EIN?

Hopeworld Family Foundation Inc's EIN (Employer Identification Number) is 46-4348555. IRS Form 990 filing data is available on this page for 2020–2025.

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

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