RAE of Hope Foundation
RAE of Hope Foundation is a private foundation based in Reston, Virginia. Its 2025 filing reports grants to charitable organizations and individual recipients, including support for a ministry-worker loan-forgiveness program, church-related activities, a Christian health center, and a youth organization.
RAE of Hope Foundation at a glance
In short: RAE of Hope Foundation gave $166K across 41 grants in 2025 (avg $4K), mostly in Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $165,925
- +10.9% vs 2024
- Grants made (2025)
- 41
- -6.8% vs 2024
- Average grant
- $4,047
- +19.0% vs 2024
- Median grant
- $1,500
- Total assets
- $651,024
- -1.5% vs 2024
- Primary geography
- Virginia (90% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to RAE of Hope Foundation
- Accepts unsolicited proposals
- No
- Contact
Mailing address: 12030 Sunrise Valley Drive 450, Reston, VA 20191
Phone: (703) 437-9720
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who RAE of Hope Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Faith Aid ($76K). Together the top 10 received $117K.
Grant Size Distribution
219 grants across all recorded years
The most common grant size was under $50K: 216 grants of 219 (99%).
Geographic Focus
Where this funder awards grants
In 2025, the foundation reported that grant dollars went primarily to recipients in Virginia (90%), followed by Maryland (7%), North Carolina (2%), and Minnesota (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 41 itemized grants.
States
Cities
How RAE of Hope Foundation gives
- Giving grew 24% from 2022 to 2025. Method
- In 2025 it paid out 475% of its IRS minimum distribution (the 5% rule). 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 2019 to 2025, annual grant giving ranged from $134K (2022) to $315K (2023). In 2025 it made 41 grants totaling $166K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Faith Aid Broadlands, VA | Mustard Seed House and General Support | $76,000 |
| Southeastern District Lutheran Church - Missouri Synod Henrico, VA | Spiritual Pilgrimage for a Clergyman and His Spouse | $10,800 |
| Fredericksburg Christian Health Center Fredericksburg, VA | Fredericksburg Christian Health Center Staff Development and Support | $10,000 |
| Youth for Tomorrow Bristow, VA | For the 40TH Annual Country Fair | $5,000 |
| Jessica Chavarria Fredericksburg, VA | Broom Tree Loan Forgiveness | $3,000 |
| Jillisa Spottiswood Wake Forest, NC | Broom Tree Loan Forgiveness | $3,000 |
| Justin Klumfer Stewartville, MN | Broom Tree Loan Forgiveness | $3,000 |
| Katherine Aguilar Fairfax, VA | Broom Tree Loan Forgiveness | $2,000 |
| Kayla Gracia Neal Fairfax, VA | Broom Tree Loan Forgiveness | $2,000 |
| Kristi Vivirito Bristow, VA | Broom Tree Loan Forgiveness | $2,000 |
Ready to take the next step with RAE of Hope Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $651,024 | $275,041 | $285,201 | $165,925 | 41 | $258,491 | $116,969 | $54,364 |
| 2024 | $661,184 | $139,854 | $256,160 | $149,629 | 44 | $232,898 | $104,864 | $55,172 |
| 2023 | $777,490 | $307,165 | $410,133 | $314,700 | 40 | $393,697 | $151,724 | $60,899 |
| 2022 | $880,458 | $267,181 | $195,411 | $133,997 | 44 | $173,725 | $174,104 | $56,649 |
| 2021 | $808,688 | $279,612 | $186,357 | $143,600 | 50 | $170,477 | $216,357 | $56,768 |
| 2020 | $715,433 | $58,189 | $196,763 | $146,400 | 48 | — | $48,013 | $47,876 |
| 2019 | $854,007 | $404,103 | $331,264 | $261,448 | 52 | — | $207,879 | $47,556 |
Under IRS private-foundation payout rules, RAE of Hope Foundation reported a distributable amount of $54K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for ministry-related loan forgiveness, church activities, health services, and a youth organization’s annual fair. Fredericksburg Christian Health Center, one of its grantees, says its mission is “to bring the hope and healing of Christ to the poor and marginalized by treating body, mind, and spirit.”
The Broom Tree Fellows Program website describes its loan-forgiveness program as assisting ministry workers paying student loans, with the aim of easing education-related debt so they can remain in ministry.
Grantmaking
In filing year 2025, the foundation reported 41 grants totaling $165,925. Grants ranged from $1,500 to $76,000, with a median of $1,500. Notable grants included $76,000 to Faith Aid for Mustard Seed House and general support; $10,800 to Southeastern District Lutheran Church–Missouri Synod for a spiritual pilgrimage for a clergyman and spouse; $10,000 to Fredericksburg Christian Health Center for staff development and support; and $5,000 to Youth for Tomorrow for its 40th annual country fair. Other grants supported Broom Tree loan forgiveness, including awards to individual recipients.
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. The Broom Tree Fellows website says its 2026 loan-forgiveness application cycle is closed. It states that the next annual application period will open in January 2027 and close at the end of February 2027.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists William Joseph Carlin as president and director, and Sara L. Carlin as secretary, treasurer, and director.
RAE of Hope Foundation is led by William Joseph Carlin, President & Director since 2020 (on filings since 2019); 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
William Joseph Carlin
President & Director
President, Treasurer & Director → President & Director, 2020
On filings since 2019
8 hrs/week
$22K (2019) → $33K (2025)
Sara L. Carlin
Secretary, Treasurer & Director
Secretary & Director → Secretary, Treasurer & Director, 2020
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $33K, to William Joseph Carlin (President/Director).
Frequently asked questions about RAE of Hope Foundation
How much does RAE of Hope Foundation give each year?
RAE of Hope Foundation gave $166K across 41 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $150K across 44 grants.
What is RAE of Hope Foundation's typical grant size?
RAE of Hope Foundation's median grant in 2025 was $1,500, and its average grant was $4,047, across 41 grants on its 2025 IRS Form 990-PF.
Where does RAE of Hope Foundation give grants?
RAE of Hope Foundation gives mostly in Virginia: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Maryland (7%). The most frequent recipient cities were Fairfax, VA (4 grants), Centreville, VA (3 grants), Fredericksburg, VA (2 grants) and Henrico, VA (2 grants).
Does RAE of Hope Foundation give general operating support?
Occasionally: 2% of RAE of Hope Foundation's 2025 grants with a stated purpose (1 of 41) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Broom Tree Loan Forgiveness" (37 grants).
Who are RAE of Hope Foundation's largest grantees?
RAE of Hope Foundation's largest 2025 grantees include Faith Aid ($76,000), Southeastern District Lutheran Church - Missouri Synod ($10,800) and Fredericksburg Christian Health Center ($10,000), according to its 2025 IRS Form 990-PF. Together they received 58% of its itemized 2025 grant dollars.
How large is RAE of Hope Foundation?
RAE of Hope Foundation reported $651K in total assets on its 2025 IRS Form 990-PF. It paid out $258K in qualifying distributions that year, against a required minimum of $54K (roughly 5% of its investment assets).
What does RAE of Hope Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for ministry-related loan forgiveness, church activities, health services, and a youth organization’s annual fair. See mission & focus areas ↑
How do I apply for a grant from RAE of Hope Foundation?
RAE of Hope Foundation does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is RAE of Hope Foundation's EIN?
RAE of Hope Foundation's EIN (Employer Identification Number) is 27-4318144. IRS Form 990 filing data is available on this page for 2019–2025.
Does RAE of Hope Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS May 1, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 2, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 11, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 20, 2026)
- IRS filings on file for fiscal years 2019–2025
Live grants for the work RAE of Hope Foundation funds
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Cite this profile
Grantable. (2026). RAE of Hope Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/rae-of-hope-foundation-morg_d411b77c4ae942f8be34d64379102313
BibTeX
@misc{grantable_274318144_2026,
author = {{Grantable}},
title = {{RAE of Hope Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/rae-of-hope-foundation-morg_d411b77c4ae942f8be34d64379102313},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from RAE of Hope Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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