The Hope Foundation Inc
The Hope Foundation Inc is a private foundation, based in Indianapolis, IN. IRS filing data is available for 2025. As of 2025, the organization holds $2K in total assets. In 2025, it awarded 2 grants totaling $25K. Net investment income was $354.
The Hope Foundation Inc at a glance
In short: The Hope Foundation Inc gave $25K across 2 grants in 2025 (avg $13K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $25,000
- Grants made (2025)
- 2
- Average grant
- $12,500
- Median grant
- $12,500
- Total assets
- $2,270
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The Hope Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Butler University Womans Bball ($15K). Together the top 2 received $25K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How The Hope Foundation Inc gives
- In 2025 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
In 2025 it made 2 grants totaling $25K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Butler University Womans Bball Indianapolis, IN | Operations | $15,000 |
| Kurt Vonnegut Museum Indianapolis, IN | Operations | $10,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2025 | $2,270 | $27,854 | $25,584 | $25,000 | 2 | $25,000 | $354 | $81 |
Under IRS private-foundation payout rules, The Hope Foundation Inc reported a distributable amount of $81 for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Hope Foundation Inc is led by Michael J. Hope, President on the 2025 filing — the only officer listed, and uncompensated.
Officers on the 2025 filing
Michael J. Hope
President
New on the 2025 filing
No compensation reported
Data from IRS Form 990 filings, 2025. "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 Hope Foundation Inc
How much does The Hope Foundation Inc give each year?
The Hope Foundation Inc gave $25K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is The Hope Foundation Inc?
The Hope Foundation Inc reported $2K in total assets on its 2025 IRS Form 990-PF. It paid out $25K in qualifying distributions that year, against a required minimum of $81 (roughly 5% of its investment assets).
Where does The Hope Foundation Inc operate?
The Hope Foundation Inc has awarded grants in Indiana.
What is The Hope Foundation Inc's EIN?
The Hope Foundation Inc's EIN (Employer Identification Number) is 32-0532098. IRS Form 990 filing data is available on this page for 2025.
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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
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