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 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.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Queens University at Kingston ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| John G Keimel | Chair President | 40 | — |
| Ellen L Kraft | Vice Chair | 1 | — |
| Raymond S Schreyer | Board Member | 1 | — |
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.