New Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK POINT, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grants totaling $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1K
-67.4% YoY
Annual Giving
$4K
Grant Count
1
Avg Grant Size
$4K
About New Hope Foundation
Based on IRS filings
New Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK POINT, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1K in total assets. In 2024, it awarded 1 grants totaling $4K.
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 | $1,463 | $4,491 | $1,491 |
| Revenue | $5,500 | $8,089 | — |
| Expenses | $8,528 | $5,089 | $1,845 |
| Qualifying Distributions | $8,528 | $4,094 | $850 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Children's Medical Center Foundatio ($4,392).
| Recipient | Purpose | Amount |
|---|---|---|
| CHILDREN'S MEDICAL CENTER FOUNDATIO DALLAS, TX | FOR ASSISTANCE TO CHILDREN | $4,392 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KIP A PETROFF | PRESIDENT | 1 | — |
| SUZI PETROFF | SECR & DIREC | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Hope Foundation?
New Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAK POINT, TX. It holds $1K in total assets as of 2024.
How large is New Hope Foundation?
As of 2024, New Hope Foundation holds $1K in total assets with $6K in annual revenue. It awarded 1 grants totaling $4K in 2024.
Where does New Hope Foundation operate?
New Hope Foundation has awarded grants in Texas.
What size grants does New Hope Foundation award?
In 2024, New Hope Foundation awarded 1 grants totaling $4K — an average of about $4K per grant, based on its IRS Form 990 filings.
What is New Hope Foundation's EIN?
New Hope Foundation's EIN (Employer Identification Number) is 06-1831240. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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