New Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN SPRINGS, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $97K in total assets.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$97K
-1.6% YoY
Revenue
$19
-55.8% YoY
Net Investment Income
—
Expenses
$2K
-82.0% YoY
Under IRS private-foundation payout rules, New Hope Foundation reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
About New Hope Foundation
Based on IRS filings
New Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN SPRINGS, MS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $97K in total assets.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $96,552 | $98,158 | $107,127 |
| Revenue | $19 | $43 | $18 |
| Expenses | $1,625 | $9,012 | $1,420 |
| Qualifying Distributions | — | $7,572 | — |
| Net Investment Income | — | — | — |
| Distributable Amount | $2,719 | $3,329 | $4,149 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRUCE D CROOK | TRUSTEE | 1 | — |
| JAMIE R DENT | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Hope Foundation?
New Hope Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in OCEAN SPRINGS, MS. It holds $97K in total assets as of 2024.
How large is New Hope Foundation?
As of 2024, New Hope Foundation holds $97K in total assets with $19 in annual revenue.
Where does New Hope Foundation operate?
New Hope Foundation has awarded grants in Mississippi, South Carolina.
How much is New Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Hope Foundation reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Hope Foundation's EIN?
New Hope Foundation's EIN (Employer Identification Number) is 58-2366362. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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