Source of Hope Foundation
Source of Hope Foundation is a private foundation whose filing lists its location as New York, New York. Its website identifies Stephen Robert and Pilar Crespi Robert as its founders and says the foundation’s headquarters are in Miami, Florida. It describes its work as providing sustainable humanitarian aid to populations in desperate need, including food, water, health care, and education.
Source of Hope Foundation at a glance
In short: Source of Hope Foundation gave $1.1M across 16 grants in 2025 (avg $66K), mostly in New York. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,059,507
- -8.7% vs 2024
- Grants made (2025)
- 16
- -20.0% vs 2024
- Average grant
- $66,219
- +14.1% vs 2024
- Median grant
- $30,000
- Total assets
- $2,182,952
- -13.0% vs 2024
- New grantees (estimate)
- 36% first-time grantees (4 of 11, 2025; small sample)
- Primary geography
- New York (71% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Source of Hope Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 245 Park Avenue 12Th Floor, New York, NY 10167
Phone: (646) 536-5123
Website: https://sourceofhope.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Source of Hope Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Solomon R Giggenheim Foundation ($475K across 2 grants). Together the top 10 received $1.1M.
Grant Size Distribution
99 grants across all recorded years
The most common grant size was under $50K: 66 grants of 99 (67%).
Geographic Focus
Where this funder awards grants
The foundation’s website identifies work in the Bahamas, Colombia, Ethiopia, Haiti, Israel/Palestine, Jordan, and the United States. In filing year 2025, its grant dollars went primarily to recipients in New York (71%) and Rhode Island (19%), with smaller shares in Florida (5%), Pennsylvania (3%), and Washington, D.C. (2%).
Grant Distribution by State
Share of 2025 grant dollars across all 16 itemized grants.
States
Cities
Is Source of Hope Foundation open to new grantees?
36%
first-time grantees, 2025
In 2025, 4 of 11 grantees (36%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $180K; repeat grants $49K. How we count
Medians: $120K first-time, $30K repeat.
- 45% of 2025 grantees were also funded in 2024. Method
- Giving fell 55% from 2022 to 2025. Method
- In 2025 it paid out 603% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $1.1M (2025) to $5.1M (2021). In 2025 it made 16 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Solomon R Giggenheim Foundation New York, NY | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $325,000 |
| Brown University of Provodence Providence, RI | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $200,000 |
| Solomon R Giggenheim Foundation New York, NY | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $150,000 |
| 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 |
| P E F Israel Endowment Runds Inc New York, NY | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $40,000 |
| American Friends of the 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 |
| American Friends of the 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 |
| Hand in Hand Inc Pittsburgh, PA | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $30,000 |
| New Israel Fund New York, NY | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $30,000 |
| Juan Felipe Gomez Escobar Foundation Inc Key Biscayne, FL | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $29,507 |
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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 | $2,182,952 | $798,129 | $1,115,513 | $1,059,507 | 16 | $1,079,507 | $318,346 | $179,107 |
| 2024 | $2,510,477 | $486,209 | $1,435,978 | $1,161,000 | 20 | $1,281,647 | $455,627 | $202,114 |
| 2023 | $3,468,094 | $1,437,636 | $1,438,297 | $1,137,000 | 19 | $1,297,187 | $1,210,620 | $174,597 |
| 2022 | $3,473,460 | $2,031,739 | $2,782,525 | $2,374,400 | 18 | $2,735,254 | $1,321,754 | $187,315 |
| 2021 | $4,230,169 | $4,373,421 | $5,508,927 | $5,099,837 | 26 | — | $925,295 | $268,146 |
| 2019 | $5,882,428 | $2,723,498 | $5,057,827 | $4,683,627 | 21 | — | $1,988,925 | $371,305 |
Under IRS private-foundation payout rules, Source of Hope Foundation reported a distributable amount of $179K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s stated mission is to help populations in desperate need by supplying sustainable aid, including food, water, health care, and education. It also says it researches improved ways to deliver humanitarian aid.
The foundation’s website describes support for clean-water access in Ethiopia and disaster relief in the Bahamas, among other work. Its 2025 grants include organizations with varied missions. For example, Henry Street Settlement says it works to open opportunities for Lower East Side residents and other New Yorkers through social services, arts, and health care programs. J Street Education Fund says it provides education about the need for American leadership to help achieve a peaceful, viable, and just resolution to the Israeli-Palestinian conflict.
Grantmaking
In filing year 2025, the foundation reported 16 grants totaling $1,059,507. Awards ranged from $5,000 to $325,000, with a median grant of $30,000.
Among its largest reported 2025 grants were $325,000 and $150,000 to the Solomon R. Guggenheim Foundation; $200,000 to Brown University; $100,000 to Henry Street Settlement; $40,000 and $35,000 to American Friends of the Parents Circle Families Forum; and $40,000 to P.E.F. Israel Endowment Funds. Other reported awards included $30,000 to Hand in Hand Inc. and $30,000 to New Israel Fund, $29,507 to the Juan Felipe Gomez Escobar Foundation, and $20,000 to J Street Education Fund.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Stephen Robert and Pilar Crespi Robert as trustees. The foundation’s website identifies them as its founders and co-chairs.
Source of Hope Foundation's 2025 filing lists 2 officers; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Pilar Crespi Robert
Trustee
On filings since 2019
No compensation reported
Stephen Robert
Trustee
On filings since 2019
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.
Frequently asked questions about Source of Hope Foundation
How much does Source of Hope Foundation give each year?
Source of Hope Foundation gave $1.1M across 16 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.2M across 20 grants.
What is Source of Hope Foundation's typical grant size?
Source of Hope Foundation's median grant in 2025 was $30,000, and its average grant was $66,219, across 16 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Source of Hope Foundation that year got $180K on average.
Where does Source of Hope Foundation give grants?
Source of Hope Foundation gives mostly in New York: 71% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Rhode Island (19%). The most frequent recipient cities were New York, NY (9 grants) and Key Biscayne, FL (2 grants).
Does Source of Hope Foundation give general operating support?
Not in 2025: none of the 16 grants with a stated purpose on Source of Hope Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are Source of Hope Foundation's largest grantees?
Source of Hope Foundation's largest 2025 grantees include Solomon R Giggenheim Foundation ($475,000 across 2 grants), Brown University of Provodence ($200,000) and Henry Street Settlement ($125,000 across 3 grants), according to its 2025 IRS Form 990-PF. Together they received 76% of its itemized 2025 grant dollars.
How large is Source of Hope Foundation?
Source of Hope Foundation reported $2.2M in total assets on its 2025 IRS Form 990-PF. It paid out $1.1M in qualifying distributions that year, against a required minimum of $179K (roughly 5% of its investment assets).
What does Source of Hope Foundation fund?
The foundation’s stated mission is to help populations in desperate need by supplying sustainable aid, including food, water, health care, and education. It also says it researches improved ways to deliver humanitarian aid. See mission & focus areas ↑
How do I apply for a grant from Source of Hope Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2019–2025.
Does Source 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 September 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS June 22, 2020)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 14, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS December 13, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 25, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 1, 2026)
Explore Open Grants
Browse active grant opportunities in Source of Hope Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Source of Hope Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/source-of-hope-foundation-morg_0ecbacbcfa8347e7b0d26388e8bdbcec
BibTeX
@misc{grantable_264380918_2026,
author = {{Grantable}},
title = {{Source of Hope Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/source-of-hope-foundation-morg_0ecbacbcfa8347e7b0d26388e8bdbcec},
note = {Accessed 2026-10-12. 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 Source 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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