The Foundation for Hope

MONSEY, NY EIN: 86-3716775

The Foundation for Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 61 grants totaling $74K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6K

+157.3% YoY

Annual Giving

$74K

-43.0% YoY

Grant Count

61

-12.9% YoY

Avg Grant Size

$1K

-34.6% YoY

Under IRS private-foundation payout rules, The Foundation for Hope reported a distributable amount of $161 for 2024 — the minimum it must pay out in qualifying distributions.

About The Foundation for Hope

Based on IRS filings

The Foundation for Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $6K in total assets. In 2024, it awarded 61 grants totaling $74K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states
+2 more states

Cities

ArrowheadBaltimoreBaton RougeBrooklynCanfordCentrevilleChestnut RidgeChicagoCliftonCranfordDenverFallsburgFlushingHollywoodJacksonKiamsha LakeLakewoodLynbrookManchesterMargate

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$36K$72K$108K$145K2021202220232024
Metric202420232022
Total Assets$6,268$2,436$4,037
Revenue$61,400$121,101$77,651
Expenses$75,936$131,478$108,181
Qualifying Distributions$73,890$129,722$98,616
Net Investment Income$1$1
Distributable Amount$161$314$550

Giving Over Time

Total grant dollars and number of grants per year

$0$32K$65K$97K$130K37 grants2021109 grants202270 grants202361 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

KHAL CHASIDIM OF WESLEY …$24KCONG YISMACH YISROEL$21KTHE PRESS FOUNDATION$4KCONGREGATION ICHUD AVREI…$3KRISE CHARITABLE INC$1KCONGREGATION BOROV INC$1KBAIS YAAKOV OF POMONA INC$1KCONGREGATION BAIS HAMEDR…$1KRACHEL'S PLACE$786LOVE PLUS LOVE$750

Grant Size Distribution

187 grants across all recorded years

187<$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 Khal Chasidim of Wesley Hills ($23,818), Cong Yismach Yisroel ($20,574), The Press Foundation ($3,600).

RecipientPurposeAmount
AB CHARITY INC MONSEY, NYTO FURTHER EXEMPT PURPOSE$550
AISH SOUTH FLORIDA HOLLYWOOD, FLTO FURTHER EXEMPT PURPOSE$50
ATERES KALLAH BROOKLYN, NYTO FURTHER EXEMPT PURPOSE$500
BAIS HAMIDRASH NETZACH YISROEL MONSEY, NYTO FURTHER EXEMPT PURPOSE$72
BAIS MEDRASH L TORAH MONSEY, NYTO FURTHER EXEMPT PURPOSE$180
BAIS YAAKOV OF POMONA INC SUFFERN, NYTO FURTHER EXEMPT PURPOSE$1,000
BAYIS LEPLEITOS ATERES BONOS INC BROOKLYN, NYTO FURTHER EXEMPT PURPOSE$100
BONEI OLAM INC BROOKLYN, NYTO FURTHER EXEMPT PURPOSE$59
CHABAD LAKEARROWHEAD ARROWHEAD, CATO FURTHER EXEMPT PURPOSE$36
CHAIM MEDICAL RESOURCE MONROE, NYTO FURTHER EXEMPT PURPOSE$52

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
HENCHE REIFERTRUSTEE1
ABRAHAM JOSHUA REIFERTRUSTEE/TREASURER2

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Foundation for Hope?

The Foundation for Hope is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MONSEY, NY. It holds $6K in total assets as of 2024.

How large is The Foundation for Hope?

As of 2024, The Foundation for Hope holds $6K in total assets with $61K in annual revenue. It awarded 61 grants totaling $74K in 2024.

Where does The Foundation for Hope operate?

The Foundation for Hope has awarded grants in California, Colorado, Florida, Illinois, Louisiana, Maryland, New Hampshire, New Jersey, New York, Virginia.

What size grants does The Foundation for Hope award?

In 2024, The Foundation for Hope awarded 61 grants totaling $74K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Foundation for Hope required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Foundation for Hope reported a distributable amount of $161 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Foundation for Hope's EIN?

The Foundation for Hope's EIN (Employer Identification Number) is 86-3716775. IRS Form 990 filing data is available on this page for 2021–2024.

Explore Open Grants

Browse active grant opportunities in The Foundation for Hope's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

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

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