The Future Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $807K in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$807K
+0.1% YoY
Annual Giving
$22K
-2.2% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$7K
+30.4% YoY
Under IRS private-foundation payout rules, The Future Hope Foundation reported a distributable amount of $43K for 2024 — the minimum it must pay out in qualifying distributions.
About The Future Hope Foundation
Based on IRS filings
The Future Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $807K in total assets. In 2024, it awarded 3 grants totaling $22K. Net investment income was $33K.
Focus Areas
Ready to take the next step with The Future Hope Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $807,430 | $806,806 | $611,677 |
| Revenue | $39,879 | $231,744 | $24,068 |
| Expenses | $39,255 | $36,615 | $43,383 |
| Qualifying Distributions | $29,474 | $29,648 | $36,425 |
| Net Investment Income | $32,930 | $225,317 | $17,291 |
| Distributable Amount | $43,219 | $37,515 | $41,550 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Falmouth Service Center Inc ($10,000), Wild Bird Fund Inc ($10,000), International Fund for Animal Welfare Inc ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FALMOUTH SERVICE CENTER INC FALMOUTH, MA | General & Unrestricted | $10,000 |
| INTERNATIONAL FUND FOR ANIMAL WELFARE INC YARMOUTH PORT, MA | General & Unrestricted | $2,000 |
| WILD BIRD FUND INC NEW YORK, NY | to help establish the new Brooklyn facility | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| H Russel Lemcke | Dir, VP | 1 | — |
| Katherine Lemcke | Dir, Pres, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Future Hope Foundation?
The Future Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $807K in total assets as of 2024.
How large is The Future Hope Foundation?
As of 2024, The Future Hope Foundation holds $807K in total assets with $40K in annual revenue. It awarded 3 grants totaling $22K in 2024.
Where does The Future Hope Foundation operate?
The Future Hope Foundation has awarded grants in California, Connecticut, Massachusetts, Minnesota, New York.
What size grants does The Future Hope Foundation award?
In 2024, The Future Hope Foundation awarded 3 grants totaling $22K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is The Future Hope Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Future Hope Foundation reported a distributable amount of $43K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Future Hope Foundation's EIN?
The Future Hope Foundation's EIN (Employer Identification Number) is 26-2199528. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Future Hope Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Future Hope Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Future Hope Foundation to a real strategy.