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
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
No grants recorded for .
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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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