Mahan Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $477K in total assets. In 2024, it awarded 2 grants totaling $37K. Net investment income was $19K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$477K
-4.2% YoY
Annual Giving
$37K
+722.2% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$19K
+311.1% YoY
Under IRS private-foundation payout rules, Mahan Hope Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.
About Mahan Hope Foundation
Based on IRS filings
Mahan Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $477K in total assets. In 2024, it awarded 2 grants totaling $37K. Net investment income was $19K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $477,248 | $498,178 | $500,000 |
| Revenue | $18,616 | $2,855 | $500,000 |
| Expenses | $39,546 | $4,677 | — |
| Qualifying Distributions | $37,000 | $4,500 | — |
| Net Investment Income | $18,616 | $2,855 | — |
| Distributable Amount | $23,947 | $24,036 | $1,026 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Educate Fairfax ($36,000), Lift as We Climb ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LIFT AS WE CLIMB ANNAPOLIS, MD | FOR EDUCATION OF CHILDREN OF FALLEN SOLDIERS AND FIRST RESPONDERS. | $1,000 |
| EDUCATE FAIRFAX FALLS CHURCH, VA | FOR EDUCATION OF UNDERPRIVILIDGED STUDENTS IN FAIRFAX COUNTY PUBLIC SCHOOLS. | $36,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANJIV B MAHAN | PRESIDENT | 2 | — |
| RAJIKA S MAHAN | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mahan Hope Foundation?
Mahan Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BURKE, VA. It holds $477K in total assets as of 2024.
How large is Mahan Hope Foundation?
As of 2024, Mahan Hope Foundation holds $477K in total assets with $19K in annual revenue. It awarded 2 grants totaling $37K in 2024.
Where does Mahan Hope Foundation operate?
Mahan Hope Foundation has awarded grants in Maryland, Virginia.
What size grants does Mahan Hope Foundation award?
In 2024, Mahan Hope Foundation awarded 2 grants totaling $37K — an average of about $19K per grant, based on its IRS Form 990 filings.
How much is Mahan Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mahan Hope Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mahan Hope Foundation's EIN?
Mahan Hope Foundation's EIN (Employer Identification Number) is 88-2607297. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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