Star of Hope Inc
Star of Hope Inc is a private foundation focused on Arts, Culture & Humanities, based in Rockland, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51.0M in total assets. In 2024, it awarded 1 grant totaling $68K. Net investment income was $1.6M.
Star of Hope Inc at a glance
In short: Star of Hope Inc gave $68K across 1 grant in 2024 (avg $68K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $67,500
- Grants made (2024)
- 1
- Average grant
- $67,500
- Median grant
- $67,500
- Total assets
- $50,999,224
- +0.4% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Star of Hope Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Hampton Synagogue ($68K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
Cities
How Star of Hope Inc gives
- Giving grew 6650% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1K (2021) to $68K (2024). In 2024 it made 1 grant totaling $68K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Hampton Synagogue Westhampton Beach, NY | General Support | $67,500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $50,999,224 | $3,421,950 | $2,251,013 | $67,500 | 1 | $2,077,968 | $1,583,633 | $207,683 |
| 2023 | $50,776,256 | $817,687 | $2,283,522 | — | — | $2,225,027 | $1,065,190 | $213,802 |
| 2022 | $51,801,763 | $41,892,574 | $1,627,994 | — | — | $1,571,795 | $2,189,399 | $189,831 |
| 2021 | $6,892,242 | $3,887,772 | $1,272,837 | $1,000 | 1 | $3,643,706 | $1,179,846 | $110,090 |
| 2020 | $3,983,836 | $319,210 | $2,928,051 | $1,200 | 1 | — | $321,395 | $161,019 |
Under IRS private-foundation payout rules, Star of Hope Inc reported a distributable amount of $208K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Star of Hope Inc's 2024 filing lists 11 officers; none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Kris Davidson
Director
Treasurer → Secretary, 2022
Secretary → Director, 2024
On filings since 2020
2 hrs/week
$6K (2023) → $0 (2024)
Adam Weinberg
Director
On filings since 2021
2 hrs/week
No compensation reported
Mark Bessire
Director
On filings since 2022
2 hrs/week
No compensation reported
Sharon Corwin
Director
On filings since 2022
2 hrs/week
No compensation reported
Sean Alonzo Harris
Director
On filings since 2023
2 hrs/week
No compensation reported
Julia Trujillo-Luengo
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Sarah Workneh
Director
New on the 2024 filing
2 hrs/week
No compensation reported
Lawrence Sterrs
Past Executive Chairman
Chairman → Executive Chairman & Interim Ops. Manager, 2022
Executive Chairman & Interim Ops. Manager → Past Executive Chairman, 2024
On filings since 2020
40 hrs/week
$60K (2022) → $0 (2024)
Paul Bird
Co-Chair
Director → Treasurer, 2022
Treasurer → Co-Chair, 2024
On filings since 2021
10 hrs/week
No compensation reported
Emily Lane
Co-Chair
Director → Co-Chair, 2024
On filings since 2022
10 hrs/week
No compensation reported
Tracy Harding
Treasurer & Secretary
New on the 2024 filing
15 hrs/week
No compensation reported
Former officers (2)
- Former: Julia Trujillo Luengo (2022–2023) — Director
- Former: Patricia King (2020–2021) — Secretary
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.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $180K, to Lawrence Sterrs (Exec. Chairman/Interim Ops. Manager). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Star of Hope Inc
How much does Star of Hope Inc give each year?
Star of Hope Inc gave $68K across 1 grant in 2024, according to its 2024 IRS Form 990-PF.
How large is Star of Hope Inc?
Star of Hope Inc reported $51.0M in total assets on its 2024 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $208K (roughly 5% of its investment assets).
What is Star of Hope Inc?
Star of Hope Inc is a private foundation focused on Arts, Culture & Humanities, based in Rockland, ME. It holds $51.0M in total assets as of 2024.
Where does Star of Hope Inc operate?
Star of Hope Inc has awarded grants in Maine, New York.
What is Star of Hope Inc's EIN?
Star of Hope Inc's EIN (Employer Identification Number) is 81-3141890. 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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