The Great Hope Foundation

ATLANTA, GA EIN: 58-2211708

The Great Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $15K in total assets. In 2021, it awarded 1 grants totaling $6K. Net investment income was $2.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$15K

-28.4% YoY

Annual Giving

$6K

Grant Count

Avg Grant Size

$6K

Under IRS private-foundation payout rules, The Great Hope Foundation reported a distributable amount of $972 for 2021 — the minimum it must pay out in qualifying distributions.

About The Great Hope Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Oregon $6K (100%)

States

Oregon

Cities

Portland

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2021	2020
Total Assets	$14,660	$20,469
Revenue	$2	$3
Expenses	$5,811	$318
Qualifying Distributions	$5,500	—
Net Investment Income	$2	$3
Distributable Amount	$972	$1,023

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

Grant Size Distribution

1 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include The Bible Project ($5,500).

Recipient	Purpose	Amount
THE BIBLE PROJECT PORTLAND, OR	SUPPORT	$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

Name	Title	Hours	Compensation
LORRI K ELLIOTT	TRUSTEE	0.25	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Great Hope Foundation?

The Great Hope Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ATLANTA, GA. It holds $15K in total assets as of 2021.

How large is The Great Hope Foundation?

As of 2021, The Great Hope Foundation holds $15K in total assets with $2 in annual revenue. It awarded 1 grants totaling $6K in 2021.

Where does The Great Hope Foundation operate?

The Great Hope Foundation has awarded grants in Oregon.

What size grants does The Great Hope Foundation award?

In 2021, The Great Hope Foundation awarded 1 grants totaling $6K — an average of about $6K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2021, The Great Hope Foundation reported a distributable amount of $972 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.