Second Street & Hope Inc

JEFFERSON, MD EIN: 33-1027333

Second Street & Hope Inc is a private foundation focused on Mental Health & Crisis Intervention, based in JEFFERSON, MD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 16 grants totaling $128K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

+15.6% YoY

Annual Giving

$128K

+16.5% YoY

Grant Count

16

+60.0% YoY

Avg Grant Size

$8K

-27.2% YoY

Under IRS private-foundation payout rules, Second Street & Hope Inc reported a distributable amount of $30K for 2024 — the minimum it must pay out in qualifying distributions.

About Second Street & Hope Inc

Based on IRS filings

Second Street & Hope Inc is a private foundation focused on Mental Health & Crisis Intervention, based in JEFFERSON, MD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 16 grants totaling $128K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BrunswickDurhamFrederickNew MarketPatchogueUnion BridgeWalkersville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$51K$101K$152K$202K201920202021202220232024
Metric202420232022
Total Assets$2,344,494$2,028,330$1,907,721
Revenue$83,425$95,648$116,520
Expenses$183,970$148,896$111,315
Qualifying Distributions$127,802$109,690
Net Investment Income$108,110
Distributable Amount$30,491$96,967

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$64K$96K$128K0 grants20192 grants20204 grants20212 grants202210 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UNITED WAY OF FREDERICK …$40KLIVING WATER SHOWER MINI…$25KSECOND CHANCES GARAGE$10KFREDERICK COUNTY PUBLIC …$9KCROSSROADS FREEDOM CENTER$8KADVOCATES FOR HOMELESS F…$5KINTERFAITH HOUSING ALLIA…$5KCHILDREN OF INCARCERATED…$5KCITY YOUTH MATRIX CORPOR…$5KLITERACY COUNCIL OF FRED…$5K

Grant Size Distribution

34 grants across all recorded years

34<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include United Way of Frederick County Inc ($40,000), Living Water Shower Ministry ($25,000), Second Chances Garage ($10,000).

RecipientPurposeAmount
UNITED WAY OF FREDERICK COUNTY INC FREDERICK, MDCOMMUNITY SUPPORT$40,000
LIVING WATER SHOWER MINISTRY WALKERSVILLE, MDCOMMUNITY SUPPORT$25,000
CROSSROADS FREEDOM CENTER FREDERICK, MDCOMMUNITY SUPPORT$8,000
ADVOCATES FOR HOMELESS FAMILIES INC FREDERICK, MDCOMMUNITY SUPPORT$5,000
INTERFAITH HOUSING ALLIANCE INC FREDERICK, MDCOMMUNITY SUPPORT$5,000
LIFE AND DISCOVERY INC FREDERICK, MDCOMMUNITY SUPPORT$2,500
EACH 1 TEACH 1 INC FREDERICK, MDCOMMUNITY SUPPORT$2,200
GLIOBLASTOMA FOUNDATION INC DURHAM, NCCOMMUNITY SUPPORT$500
LISTEN LOVE PRAY FOUNDATION INC UNION BRIDGE, MDCOMMUNITY SUPPORT$302
BEADING HEARTS OVERDOSE LOSS PATCHOGUE, NYCOMMUNITY SUPPORT$300

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRANK CLEMENTSCHAIR4
PATRICK O'TOOLEVICE CHAIR-T4
JAMIE EATONSECRETARY/EX20
SUSAN SCARVALONEDIRECTOR2
BILL JAMESDIRECTOR2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Second Street & Hope Inc?

Second Street & Hope Inc is a private foundation focused on Mental Health & Crisis Intervention, based in JEFFERSON, MD. It holds $2.3M in total assets as of 2024.

How large is Second Street & Hope Inc?

As of 2024, Second Street & Hope Inc holds $2.3M in total assets with $83K in annual revenue. It awarded 16 grants totaling $128K in 2024.

Where does Second Street & Hope Inc operate?

Second Street & Hope Inc has awarded grants in Maryland, North Carolina, New York.

What size grants does Second Street & Hope Inc award?

In 2024, Second Street & Hope Inc awarded 16 grants totaling $128K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Second Street & Hope Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Second Street & Hope Inc reported a distributable amount of $30K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Second Street & Hope Inc's EIN?

Second Street & Hope Inc's EIN (Employer Identification Number) is 33-1027333. IRS Form 990 filing data is available on this page for 2019–2024.

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Related Funders

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

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