New Hope Foundation Inc

GILBERT, AZ EIN: 87-4112325

New Hope Foundation Inc is a private foundation focused on Human Services, based in GILBERT, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 2 grants totaling $11K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$182K

+27.2% YoY

Annual Giving

$11K

+175.0% YoY

Grant Count

2

+100.0% YoY

Avg Grant Size

$6K

+37.5% YoY

Under IRS private-foundation payout rules, New Hope Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About New Hope Foundation Inc

Based on IRS filings

New Hope Foundation Inc is a private foundation focused on Human Services, based in GILBERT, AZ. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $182K in total assets. In 2024, it awarded 2 grants totaling $11K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

GilbertPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$27K$41K$55K202220232024
Metric202420232022
Total Assets$182,100$143,200$49,900
Revenue$49,900$49,900
Expenses$11,000$4,000
Qualifying Distributions
Net Investment Income
Distributable Amount$6,991$4,830

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$8K$11K0 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

ADVOCACY31NINE DBA ARIZO…$10KFRESH START WOMENS FOUND…$1K

Grant Size Distribution

3 grants across all recorded years

3<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Advocacy31nine Dba Arizona 1 27 ($10,000), Fresh Start Womens Foundation ($1,000).

RecipientPurposeAmount
ADVOCACY31NINE DBA ARIZONA 1 27 GILBERT, AZFOSTER CARE ADVOCACY IN STATE OF ARIZONA$10,000
FRESH START WOMENS FOUNDATION PHOENIX, AZPROVIDES RESOURCES HELP BATTERED AND HOMELS WOMEN$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JULIE ONEILDIRECTOR
JASON ONEILDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is New Hope Foundation Inc?

New Hope Foundation Inc is a nonprofit organization focused on Human Services, based in GILBERT, AZ. It holds $182K in total assets as of 2024.

How large is New Hope Foundation Inc?

As of 2024, New Hope Foundation Inc holds $182K in total assets with $50K in annual revenue. It awarded 2 grants totaling $11K in 2024.

Where does New Hope Foundation Inc operate?

New Hope Foundation Inc has awarded grants in Arizona.

What size grants does New Hope Foundation Inc award?

In 2024, New Hope Foundation Inc awarded 2 grants totaling $11K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is New Hope Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, New Hope Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is New Hope Foundation Inc's EIN?

New Hope Foundation Inc's EIN (Employer Identification Number) is 87-4112325. IRS Form 990 filing data is available on this page for 2022–2024.

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

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