Source of Hope Foundation
Source of Hope Foundation is a private grantmaking foundation based in New York City, established in 2009. The foundation operates as a 501(c)(3) charitable organization dedicated to humanitarian aid and community support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-27.6% YoY
Annual Giving
$1.2M
+2.1% YoY
Grant Count
20
+5.3% YoY
Avg Grant Size
$58K
-3.0% YoY
Under IRS private-foundation payout rules, Source of Hope Foundation reported a distributable amount of $202K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's mission is to help populations in desperate need by supplying sustainable aid including food, water, health care, and education. The foundation funds projects in countries with large impoverished populations and provides relief following catastrophic natural disasters, as well as aid to distressed populations in the United States.
Primary funding focus areas include:
- Human services
- Shelter and residential care
- Temporary accommodations
- Health and medical initiatives
- Education
Grantmaking
The foundation funds initiatives across multiple U.S. cities and states, with documented support in Brewer, Bronx, Encino, Exeter, Key Biscayne, New York, Pittsburgh, Portland, Providence, Stamford, and Washington.
Grant Range
& Activity:**
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Geographic Focus
Where this funder awards grants
The foundation operates in the following states:
- California
- Connecticut
- District of Columbia
- Florida
- Maine
- New Hampshire
- New York
- Oregon
- Pennsylvania
- Rhode Island
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total assets: $2,510,477
- Total giving: $1,161,000
- Revenue: $486,209
- Expenses: $1,435,978
- Total liabilities: $0
Historical Assets (2024): Approximately $3.47 million reported in some filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,510,477 | $3,468,094 | $3,473,460 |
| Revenue | $486,209 | $1,437,636 | $2,031,739 |
| Expenses | $1,435,978 | $1,438,297 | $2,782,525 |
| Qualifying Distributions | $1,281,647 | $1,297,187 | $2,735,254 |
| Net Investment Income | $455,627 | $1,210,620 | $1,321,754 |
| Distributable Amount | $202,114 | $174,597 | $187,315 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
83 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Phillips Exeter Academy ($300,000), Brown University of Providence ($200,000), Solomon R Guggenheim Foundation ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CASITA MARIA INC BRONX, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $1,000 |
| AMERICAN FRIENDS OF PARENTS CIRCLE FAMILIES FORUM NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $35,000 |
| AMERICAN FRIENDS OF PARENTS CIRCLE FAMILIES FORUM NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $40,000 |
| BTSELEM INC WASHINGTON, DC | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $40,000 |
| HENRY STREET SETTLEMENT NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $10,000 |
| HENRY STREET SETTLEMENT NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $100,000 |
| HENRY STREET SETTLEMENT NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $10,000 |
| J STREET EDUCATION FUND INC WASHINGTON, DC | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $25,000 |
| P E F ISRAEL ENDOWMENT FUNDS INC NEW YORK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $40,000 |
| OLA OF EASTERN LONG ISLAND INC SAGAPONACK, NY | THE PURPOSE OF THIS CONTRIBUTION IS TO AID THE DONEE ORGANIZATION IN CARRYING OUT ITS EXEMPT FUNCTIONS | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Stephen Robert - Trustee
- Pilar Crespi Robert - Trustee
Both trustees serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN ROBERT | TRUSTEE | — | — |
| PILAR CRESPI ROBERT | TRUSTEE | — | — |
Contact Information
- Address: 220 E 42nd Street, Room 2201, New York, NY 10017-5822
- Phone: 646-536-5120
- Website: www.sourceofhope.com
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Source of Hope Foundation fund?
The foundation's mission is to help populations in desperate need by supplying sustainable aid including food, water, health care, and education. The foundation funds projects in countries with large impoverished populations and provides relief following catastrophic natural disasters, as well as aid to distressed populations in the United States. Primary funding focus areas include: • Human services • Shelter and residential care • Temporary accommodations • Health and medical initiatives • Ed…
How do I apply for a grant from Source of Hope Foundation?
**Grant Size & Activity:** • Typical award range: $1,000–$1,500,000 • Total giving (2024): $1,161,000 • The foundation maintains an active grantmaking program **Geographic Distribution:** The foundation funds initiatives across multiple U.S. cities and states, with documented support in Brewer, Bronx, Encino, Exeter, Key Biscayne, New York, Pittsburgh, Portland, Providence, Stamford, and Washington.
Where does Source of Hope Foundation make grants?
The foundation operates in the following states: • California • Connecticut • District of Columbia • Florida • Maine • New Hampshire • New York • Oregon • Pennsylvania • Rhode Island
What size grants does Source of Hope Foundation award?
In 2024, Source of Hope Foundation awarded 20 grants totaling $1.2M — an average of about $58K per grant, based on its IRS Form 990 filings.
How much is Source of Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Source of Hope Foundation reported a distributable amount of $202K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Source of Hope Foundation's EIN?
Source of Hope Foundation's EIN (Employer Identification Number) is 26-4380918. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Source of Hope Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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