RMG Hope Foundation is a private foundation focused on Human Services, based in Sacramento, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grant totaling $15K.
Key facts about RMG Hope Foundation
In short: RMG Hope Foundation gave $15K across 1 grant in 2024 (avg $15K), mostly in California. Source: 2024 IRS Form 990-PF.
- EIN
- 83-2675115
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $15,000
- Grants made (2024)
- 1
- Average grant
- $15,000
- Median grant
- $15,000
- Total assets
- $1,107,362
- Primary geography
- California (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+43.1% YoY
Annual Giving
$15K
-59.5% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$15K
-18.9% YoY
Under IRS private-foundation payout rules, RMG Hope Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
How RMG Hope Foundation gives
- Giving held roughly steady from 2021 to 2024 (+0%). Method
- In 2024 it paid out 30% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| GREAT COMMISSION MINISTRY Sacramento, CA | PUBLIC CHARITY | $15,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,107,362 | $773,712 | $464,818 |
| Revenue | $350,000 | $350,073 | $65,001 |
| Expenses | $16,350 | $39,980 | $16,267 |
| Qualifying Distributions | $15,000 | $37,000 | — |
| Net Investment Income | — | $1 | — |
| Distributable Amount | $49,472 | $28,794 | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
RMG Hope Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
George Lomidze
Trustee
On filings since 2020
15 hrs/week
No compensation reported
Marina Lomidze
Trustee
On filings since 2020
15 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 RMG Hope Foundation
How much does RMG Hope Foundation give each year?
RMG Hope Foundation gave $15K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $37K across 2 grants.
How large is RMG Hope Foundation?
RMG Hope Foundation reported $1.1M in total assets on its 2024 IRS Form 990-PF. It paid out $15K in qualifying distributions that year, against a required minimum of $49K (roughly 5% of its investment assets).
What is RMG Hope Foundation?
RMG Hope Foundation is a private foundation focused on Human Services, based in Sacramento, CA. It holds $1.1M in total assets as of 2024.
Where does RMG Hope Foundation operate?
RMG Hope Foundation has awarded grants in California, Missouri.
What is RMG Hope Foundation's EIN?
RMG Hope Foundation's EIN (Employer Identification Number) is 83-2675115. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching RMG Hope Foundation by hand.
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