New Hope Research Foundation Inc

NORTH OAKS, MN EIN: 87-0790903

New Hope Research Foundation Inc is a private foundation focused on Mental Health & Crisis Intervention, based in NORTH OAKS, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 1 grants totaling $10K. Net investment income was $230K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$4.5M

+149.8% YoY

Annual Giving

$10K

Grant Count

1

Avg Grant Size

$10K

About New Hope Research Foundation Inc

Based on IRS filings

New Hope Research Foundation Inc is a private foundation focused on Mental Health & Crisis Intervention, based in NORTH OAKS, MN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 1 grants totaling $10K. Net investment income was $230K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Chapel Hill

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$947K$2M$3M$4M20212022202320242025
Metric202520242023
Total Assets$4,477,447$1,792,247$1,746,972
Revenue$3,444,042$737,058$736,043
Expenses$758,842$691,731$587,791
Qualifying Distributions$599,462$632,921$563,579
Net Investment Income$230,437$533,710$171,875
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$41K$62K$83K2 grants20211 grants20221 grants20230 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Queens University at Kin…$10K

Grant Size Distribution

5 grants across all recorded years

3<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Queens University at Kingston ($10,000).

RecipientPurposeAmount
Queens University at Kingston Gene Therapy Research$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
John G KeimelChair President40
Ellen L KraftVice Chair1
Raymond S SchreyerBoard Member1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is New Hope Research Foundation Inc?

New Hope Research Foundation Inc is a private foundation focused on Mental Health & Crisis Intervention, based in NORTH OAKS, MN. It holds $4.5M in total assets as of 2025.

How large is New Hope Research Foundation Inc?

As of 2025, New Hope Research Foundation Inc holds $4.5M in total assets with $3.4M in annual revenue. It awarded 1 grants totaling $10K in 2025.

Where does New Hope Research Foundation Inc operate?

New Hope Research Foundation Inc has awarded grants in North Carolina.

What size grants does New Hope Research Foundation Inc award?

In 2025, New Hope Research Foundation Inc awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.

What is New Hope Research Foundation Inc's EIN?

New Hope Research Foundation Inc's EIN (Employer Identification Number) is 87-0790903. IRS Form 990 filing data is available on this page for 2021–2025.

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

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