New Hope Foundation
New Hope Foundation is a private foundation based in Muscatine, Iowa. Its 2025 filing describes direct charitable activities that include operating and maintaining Octagon Place as a historical site, offices for nonprofit organizations, and a nature preserve; maintaining Sunset Drive Nature Preserve; and supporting United Marriage Encounter and its marriage- and family-strengthening programs.
New Hope Foundation at a glance
In short: New Hope Foundation gave $519K across 63 grants in 2025 (avg $8K), mostly in Iowa. 5% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $518,500
- +0.0% vs 2024
- Grants made (2025)
- 63
- -3.1% vs 2024
- Average grant
- $8,230
- +3.2% vs 2024
- Median grant
- $5,000
- Total assets
- $28,260,577
- +10.8% vs 2024
- New grantees (estimate)
- 5% first-time grantees (3 of 63, 2025)
- Primary geography
- Iowa (52% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to New Hope Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2610 Park Ave, Muscatine, IA 52761
Phone: (563) 288-3599
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Hope Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Hope International ($30K). Together the top 10 received $241K.
Grant Size Distribution
349 grants across all recorded years
The most common grant size was under $50K: 349 grants of 349 (100%).
Geographic Focus
Where this funder awards grants
In 2025, the largest shares of grant dollars went to recipients in Iowa (52%), the District of Columbia (7%), Pennsylvania (7%), Texas (6%), and Arizona (6%).
Grant Distribution by State
Share of 2025 grant dollars across all 63 itemized grants.
States
Cities
Is New Hope Foundation open to new grantees?
5%
first-time grantees, 2025
In 2025, 3 of 63 grantees (5%) were first-time recipients. First grants averaged $3K; repeat grants $8K. How we count
Medians: $1K first-time, $5K repeat.
- 95% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (−9%). Method
- In 2025 it paid out 80% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $390K (2020) to $571K (2022). In 2025 it made 63 grants totaling $519K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hope International Lancaster, PA | Charitable, economic development, free enterprise, help for the poor | $30,000 |
| International Justice Mission Washington, DC | Human Rights, Charitable | $30,000 |
| Marriage Encounter Support Foundation Muscatine, IA | Religious, Educational, Charitable, Pro-Marriage | $30,000 |
| Alliance Defending Freedom Scottsdale, AZ | Religous, Charitable, Human Rights | $27,500 |
| Bible Study Fellowship San Antonio, TX | Religious, Charitable, Educational | $25,000 |
| Des Moines Christian School Urbandale, IA | Religious, Charitable or Education Purposes | $22,500 |
| Saints Mary and Mathias Catholic School Muscatine, IA | Religious, Charitable, Educational | $20,500 |
| Mississippi Valley FCA Eldridge, IA | Religious, Charitable, Educational, Christian Discipleship | $20,000 |
| Matthew 25 Ministries Cincinati, OH | International Humanitarian Aid and Disaster Relief | $18,000 |
| Spring Valley Bible Camp Muscatine, IA | Charitable, Educational, Religious | $17,000 |
Ready to take the next step with New Hope Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $28,260,577 | $963,900 | $1,225,144 | $518,500 | 63 | $1,088,097 | $851,762 | $1,365,201 |
| 2024 | $25,506,720 | $1,323,091 | $1,222,632 | $518,500 | 65 | $1,062,247 | $1,209,863 | $1,212,139 |
| 2023 | $24,116,098 | $1,059,117 | $1,173,477 | $519,250 | 67 | $1,059,518 | $961,993 | $1,119,691 |
| 2022 | $22,314,709 | $811,721 | $1,183,479 | $570,750 | 80 | $1,068,587 | $721,676 | $1,131,002 |
| 2021 | $27,116,442 | $1,944,992 | $1,030,966 | $406,500 | 74 | $910,055 | $1,854,874 | $1,334,204 |
| 2020 | $25,204,931 | $963,243 | $985,141 | $389,500 | 70 | — | $846,304 | $1,081,730 |
Under IRS private-foundation payout rules, New Hope Foundation reported a distributable amount of $1.4M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s filing describes support for United Marriage Encounter, a 501(c)(3) organization, and its programs to strengthen marriage and families. The filing also identifies its operation of two Muscatine properties, Octagon Place and Sunset Drive Nature Preserve, as direct charitable activities.
Grantees’ stated missions illustrate the range of organizations it supports. Hope International says it invests in families in underserved communities while proclaiming and living the gospel. Bible Study Fellowship describes its work as global Bible classes intended to deepen commitment to Christ, scripture, and the church. Matthew 25 Ministries says it provides food, water, clothing, shelter, medical care, and humanitarian supplies to people in need. Muscatine Community Y describes its mission as empowering people and developing spirit, mind, and body. Pregnancy Resources says it provides life-affirming, biblically based pregnancy and abstinence resources.
Grantmaking
In filing year 2025, the foundation reported 63 grants totaling $518,500. Grant amounts ranged from $1,000 to $30,000, with a median of $5,000.
Notable 2025 grants included $30,000 to Hope International, $30,000 to International Justice Mission, $30,000 to Marriage Encounter Support Foundation, $27,500 to Alliance Defending Freedom, $25,000 to Bible Study Fellowship, $22,500 to Des Moines Christian School, $20,500 to Saints Mary and Mathias Catholic School, $20,000 to Mississippi Valley FCA, $18,000 to Matthew 25 Ministries, $17,000 to Spring Valley Bible Camp, $16,000 to Innervisions Healthcare, and $15,000 to Muscatine Community Y.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Andrea S Wells as president; Christopher S Ingstad as treasurer; Charlene Knutsen, Harry L Knutsen, C Diane Norton, and Thomas K Norton as directors; Robert H Solt as chairman; Dana D Solt as vice chairman and secretary; Marilyn S Voorhees as vice president; and Richard R Phillips as assistant treasurer.
New Hope Foundation is led by Andrea S. Wells, President on every filing since 2020; 1 of 11 officers listed in 2025 is compensated.
Officers on the 2025 filing
Andrea S. Wells
President
On filings since 2020
40 hrs/week
$171K (2020) → $204K (2025)
Robert H. Solt
Chairman
On filings since 2020
5 hrs/week
No compensation reported
C. Diane Norton
Director
On filings since 2020
1 hr/week
No compensation reported
Charlene Knutsen
Director
On filings since 2020
1 hr/week
No compensation reported
Harry L. Knutsen
Director
On filings since 2020
1 hr/week
No compensation reported
Thomas K. Norton
Director
On filings since 2020
1 hr/week
No compensation reported
Peter Voorhees
Director
On filings since 2021
1 hr/week
No compensation reported
Christopher S. Ingstad
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Dana D. Solt
Vice Chairman & Secretary
Vice Chairman → Vice Chairman & Secretary, 2022
On filings since 2020
1 hr/week
No compensation reported
Marilyn S. Voorhees
Vice President
Director → Vice President, 2023
On filings since 2020
1 hr/week
No compensation reported
Richard R. Phillips
Assistant Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Former officers (2)
- Former: Daniel G. Steele (2020–2022) — Vice President
- Former: Linda A. Steele (2020–2022) — Director
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.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $204K, to Andrea S Wells (President).
Frequently asked questions about New Hope Foundation
How much does New Hope Foundation give each year?
New Hope Foundation gave $519K across 63 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $519K across 65 grants.
What is New Hope Foundation's typical grant size?
New Hope Foundation's median grant in 2025 was $5,000, and its average grant was $8,230, across 63 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from New Hope Foundation that year got $3K on average.
Where does New Hope Foundation give grants?
New Hope Foundation gives mostly in Iowa: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (7%) and Pennsylvania (7%). The most frequent recipient cities were Muscatine, IA (15 grants), Washington, DC (4 grants), Davenport, IA (3 grants) and Cedar Falls, IA (3 grants).
Does New Hope Foundation give general operating support?
Not in 2025: none of the 63 grants with a stated purpose on New Hope Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Religious, Charitable or Educational" (3 grants).
Who are New Hope Foundation's largest grantees?
New Hope Foundation's largest 2025 grantees include Hope International ($30,000), International Justice Mission ($30,000) and Marriage Encounter Support Foundation ($30,000), according to its 2025 IRS Form 990-PF. Together they received 17% of its itemized 2025 grant dollars.
How large is New Hope Foundation?
New Hope Foundation reported $28.3M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $1.4M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does New Hope Foundation fund?
The foundation’s filing describes support for United Marriage Encounter, a 501(c)(3) organization, and its programs to strengthen marriage and families. See mission & focus areas ↑
How do I apply for a grant from New Hope Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is New Hope Foundation's EIN?
New Hope Foundation's EIN (Employer Identification Number) is 42-1395902. IRS Form 990 filing data is available on this page for 2020–2025.
Does New Hope Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS August 9, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
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Cite this profile
Grantable. (2026). New Hope Foundation funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/new-hope-foundation-morg_3ce5c2090d474350aa5eab5455ba3670
BibTeX
@misc{grantable_421395902_2026,
author = {{Grantable}},
title = {{New Hope Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/new-hope-foundation-morg_3ce5c2090d474350aa5eab5455ba3670},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from New Hope Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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