The Foundation for Hope
The Foundation for Hope is a private foundation based in Monsey, New York. It makes grants to charitable organizations, and its 2024 filing states that it contributes only to preselected charitable organizations.
The Foundation for Hope at a glance
In short: The Foundation for Hope gave $74K across 61 grants in 2024 (avg $1K), mostly in New York. 67% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $73,890
- -43.0% vs 2023
- Grants made (2024)
- 61
- -12.9% vs 2023
- Average grant
- $1,211
- -34.6% vs 2023
- Median grant
- $180
- Total assets
- $6,268
- +157.3% vs 2023
- New grantees (estimate)
- 67% first-time grantees (41 of 61, 2024)
- Primary geography
- New York (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Foundation for Hope
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: 3 Marcus Drive, Monsey, NY 10952
Phone: (917) 881-4025
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Foundation for Hope funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Khal Chasidim of Wesley Hills ($24K). Together the top 10 received $62K.
Grant Size Distribution
277 grants across all recorded years
The most common grant size was under $50K: 277 grants of 277 (100%).
Geographic Focus
Where this funder awards grants
In 2024, New York recipients received 98% of grant dollars and New Jersey recipients received 2%.
Grant Distribution by State
Share of 2024 grant dollars across all 61 itemized grants.
Cities
Is The Foundation for Hope open to new grantees?
67%
first-time grantees, 2024
In 2024, 41 of 61 grantees (67%) were first-time recipients. First grants averaged $392; repeat grants $3K. How we count
Medians: $101 first-time, $500 repeat.
- 23% of 2024 grantees were also funded in 2023. Method
- Giving grew 27% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2024). 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 2021 to 2024, annual grant giving ranged from $58K (2021) to $130K (2023). In 2024 it made 61 grants totaling $74K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Khal Chasidim of Wesley Hills Spring Valley, NY | To Further Exempt Purpose | $23,818 |
| Cong Yismach Yisroel Brooklyn, NY | To Further Exempt Purpose | $20,574 |
| The Press Foundation Brooklyn, NY | To Further Exempt Purpose | $3,600 |
| Yeshiva Tiferet Shmuel Daleksander Brooklyn, NY | To Further Exempt Purpose | $3,500 |
| Yeshiva Cheshkas Hatorah Lakewood, NY | To Further Exempt Purpose | $3,101 |
| Congregation Ichud Avreichem Brooklyn, NY | To Further Exempt Purpose | $2,500 |
| Vyazreim Inc Spring Valley, NY | To Further Exempt Purpose | $1,800 |
| Rise Charitable Inc Brooklyn, NY | To Further Exempt Purpose | $1,048 |
| Congregation Borov Inc Monsey, NY | To Further Exempt Purpose | $1,010 |
| Bais Yaakov of Pomona Inc Suffern, NY | To Further Exempt Purpose | $1,000 |
Ready to take the next step with The Foundation for Hope?
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 | $6,268 | $61,400 | $75,936 | $73,890 | 61 | $73,890 | — | $161 |
| 2023 | $2,436 | $121,101 | $131,478 | $129,722 | 70 | $129,722 | $1 | $314 |
| 2022 | $4,037 | $77,651 | $108,181 | $98,616 | 109 | $98,616 | $1 | $550 |
| 2021 | $35,673 | $90,203 | $62,608 | $58,288 | 37 | $58,288 | — | $286 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied charitable purposes. For example, Vyazreim Inc. says it provides financial assistance to charitable, religious, and educational organizations and needy individuals. Kolel Chibas Jerusalem describes providing food, shelter, medical and social services, and cash stipends to needy families. Relief Resources Inc. says it supports people experiencing mental illness by connecting them with vetted professionals and guiding them through the process.
Grantmaking
In 2024, the foundation made 61 grants totaling $73,890. Grant amounts ranged from $18 to $23,818, with a median of $180. The largest grants included $23,818 to Khal Chasidim of Wesley Hills in Spring Valley, New York; $20,574 to Cong Yismach Yisroel in Brooklyn, New York; and $3,600 to The Press Foundation in Brooklyn, New York. Each was reported as supporting the recipient’s exempt purpose.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Henche Reifer as trustee and Abraham Joshua Reifer as trustee/treasurer.
The Foundation for Hope's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Abraham Joshua Reifer
Trustee & Treasurer
On filings since 2021
2 hrs/week
No compensation reported
Henche Reifer
Trustee
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2024. "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 The Foundation for Hope
How much does The Foundation for Hope give each year?
The Foundation for Hope gave $74K across 61 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $130K across 70 grants.
What is The Foundation for Hope's typical grant size?
The Foundation for Hope's median grant in 2024 was $180, and its average grant was $1,211, across 61 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Foundation for Hope that year got $392 on average.
Where does The Foundation for Hope give grants?
The Foundation for Hope gives mostly in New York: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (24 grants), Monsey, NY (12 grants), Spring Valley, NY (6 grants) and Lakewood, NJ (5 grants).
Who are The Foundation for Hope's largest grantees?
The Foundation for Hope's largest 2024 grantees include Khal Chasidim of Wesley Hills ($23,818), Cong Yismach Yisroel ($20,574) and The Press Foundation ($3,600), according to its 2024 IRS Form 990-PF. Together they received 65% of its itemized 2024 grant dollars.
How large is The Foundation for Hope?
The Foundation for Hope reported $6K in total assets on its 2024 IRS Form 990-PF. It paid out $74K in qualifying distributions that year, against a required minimum of $161 (roughly 5% of its investment assets).
What does The Foundation for Hope fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied charitable purposes. For example, Vyazreim Inc. says it provides financial assistance to charitable, religious, and educational organizations and needy individuals. See mission & focus areas ↑
How do I apply for a grant from The Foundation for Hope?
The foundation does not accept unsolicited requests and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does The Foundation for Hope 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
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Cite this profile
Grantable. (2026). The Foundation for Hope funder profile. GrantGraph. Retrieved October 13, 2026, from https://grantable.co/funders/the-foundation-for-hope-morg_8f1d8c981b3c4491af20a32bb13a8e10
BibTeX
@misc{grantable_863716775_2026,
author = {{Grantable}},
title = {{The Foundation for Hope funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-foundation-for-hope-morg_8f1d8c981b3c4491af20a32bb13a8e10},
note = {Accessed 2026-10-13. 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 The Foundation for Hope'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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