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. 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 grant totaling $10K. Net investment income was $230K.
New Hope Research Foundation Inc at a glance
In short: New Hope Research Foundation Inc gave $10K across 1 grant in 2025 (avg $10K). Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $10,000
- Grants made (2025)
- 1
- Average grant
- $10,000
- Median grant
- $10,000
- Total assets
- $4,477,447
- +149.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who New Hope Research Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Queens University at Kingston ($10K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How New Hope Research Foundation Inc gives
- Giving fell 87% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $10K (2025) to $83K (2023). In 2025 it made 1 grant totaling $10K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Queens University at Kingston | Gene Therapy Research | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $4,477,447 | $3,444,042 | $758,842 | $10,000 | 1 | $599,462 | $230,437 |
| 2024 | $1,792,247 | $737,058 | $691,731 | — | — | $632,921 | $533,710 |
| 2023 | $1,746,972 | $736,043 | $587,791 | $82,576 | 1 | $563,579 | $171,875 |
| 2022 | $1,606,928 | $974,678 | $279,002 | $74,547 | 1 | $276,296 | $11,695 |
| 2021 | $911,252 | $598,945 | $548,297 | $65,030 | 2 | — | $155,912 |
Leadership & Key People
Officers and directors from IRS filings
New Hope Research Foundation Inc is led by John G Keimel, Chair President since 2022 (on filings since 2021); none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
John G Keimel
Chair President
Board Chair-Person & President → Chair President, 2022
On filings since 2021
40 hrs/week
No compensation reported
Ellen L Kraft
Vice Chair
Vice Chair-Person → Vice Chair, 2022
On filings since 2021
1 hr/week
No compensation reported
Raymond S Schreyer
Board Member
Board Member & Medical Advisor → Board Member, 2022
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about New Hope Research Foundation Inc
How much does New Hope Research Foundation Inc give each year?
New Hope Research Foundation Inc gave $10K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.
How large is New Hope Research Foundation Inc?
New Hope Research Foundation Inc reported $4.5M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $3.4M.
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.
Where does New Hope Research Foundation Inc operate?
New Hope Research Foundation Inc has awarded grants in North Carolina.
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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New Hope Research Foundation Inc down — hundreds of funders to go?