The Hope Foundation - USA 1999 Trust logo

The Hope Foundation - USA 1999 Trust

Foundation · Grantmaker Concord, MA EIN: 04-6902384 Website

The Hope Foundation - USA 1999 Trust is a private foundation based in Concord, Massachusetts. The organization operates as a grantmaking foundation with a focus on supporting charitable causes across multiple sectors.

Key facts about The Hope Foundation - USA 1999 Trust

EIN
04-6902384
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$323,606
Grants made (2024)
13
Average grant
$24,893
Median grant
$5,000
New grantees (estimate)
15% first-time grantees (2 of 13, 2024)
Total assets
$4,647,041
Primary geography
Maryland (35% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Hope Foundation - USA 1999 Trust funds

By grant dollars, the top recipient states for The Hope Foundation - USA 1999 Trust's 13 itemized 2024 grants were Maryland (35%), Pennsylvania (29%) and Massachusetts (28%). The most frequent recipient cities were Boston, MA (3 grants), Framingham, MA (2 grants) and New York, NY (2 grants). None of its 13 grants with a stated purpose were described as general or operating support. Recurring purposes include "Various" (10 grants).

Is The Hope Foundation - USA 1999 Trust open to new grantees?

15%

first-time grantees, 2024

In 2024, 2 of 13 grantees (15%) were first-time recipients. First grants averaged $12K; repeat grants $27K. How we count

Medians: $12K first-time, $5K repeat.

  • 31% of 2024 grantees were also funded in 2023. Method
  • Giving grew 41% from 2021 to 2024. Method
  • In 2024 it paid out 143% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Hope Foundation - USA 1999 Trust

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.6M

-3.8% YoY

Annual Giving

$324K

+9.7% YoY

Grant Count

13

+62.5% YoY

Avg Grant Size

$25K

-32.5% YoY

Under IRS private-foundation payout rules, The Hope Foundation - USA 1999 Trust reported a distributable amount of $226K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary funding priorities include:

  • Education
  • Philanthropy, Voluntarism & Grantmaking
  • Human Services
  • Nonprofit Human Services
  • Human and Social Service Grants
  • Poverty Alleviation

Grantmaking

The foundation distributes grants to support organizations working in their priority areas.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in:

  • Massachusetts
  • New York
  • Pennsylvania

Grant Distribution by State

11states

Share of all 13 itemized 2024 grant dollars.

States

AlabamaCaliforniaDelawareGeorgiaIllinoisMassachusettsMarylandNew YorkPennsylvaniaTexasWashington

Cities

BostonNew YorkFraminghamNorth BethesdaAndoverDoylestownLowellSpringfieldWalthamHoustonShelburne FallsArlingtonAtlantaCambridgeClaymontCupertinoCypressFremontGrotonLake Forest

Financial History

Multi-year comparison from IRS filings

Assets & Giving:

  • Total assets: $4,647,041
  • Total distributions: $295,000 (2023)
  • No contributions reported (2023 tax year)

The foundation maintains modest but consistent grantmaking activity relative to its asset base.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$204K$408K$612K$816K20202021202220232024
Metric202420232022
Total Assets$4,647,041$4,828,707$5,057,090
Revenue$144,300$84,956$542,853
Expenses$335,048$313,931$331,533
Qualifying Distributions$323,606$295,000$311,032
Net Investment Income$132,858$77,891$529,597
Distributable Amount$225,689$248,987$281,078

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$81K$162K$243K$324K21 grants202014 grants202112 grants20228 grants202313 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

India Development & Relief Fund: $113KIndia Development & ReliefFund$113KSamerth USA: $94KSamerth USA$94KSouth Middlesex Opportunity Council: $50KSouth Middlesex OpportunityCouncil$50KBidada International: $18KBidada International$18KChinmaya Mission of Boston: $10KChinmaya Mission of Boston$10KMassachusetts General Hospital: $10KMassachusetts General Hospital$10KVipassana Meditation Center: $5KVipassana Meditation Center$5KRoca Inc: $5KRoca Inc$5KDoctors Without Borders: $5KDoctors Without Borders$5KHabitat for Humanity Greater Boston: $5KHabitat for Humanity GreaterBoston$5K

Grant Size Distribution

68 grants across all recorded years

56<$50K8$50–100K4$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include India Development & Relief Fund ($112,935), Samerth USA ($93,665), South Middlesex Opportunity Council ($50,000).

RecipientPurposeAmount
INDIA DEVELOPMENT & RELIEF FUND North Bethesda, MDHUMANITARIAN$112,935
SAMERTH USA Doylestown, PAVARIOUS$93,665
SOUTH MIDDLESEX OPPORTUNITY COUNCIL Framingham, MAHUMAN SERVICE$50,000
BIDADA INTERNATIONAL Cypress, CAVARIOUS$18,280
CHINMAYA MISSION OF BOSTON Andover, MAVARIOUS$10,000
MASSACHUSETTS GENERAL HOSPITAL Boston, MAVARIOUS$10,000
VIPASSANA MEDITATION CENTER Shelburne Falls, MAVARIOUS$5,000
ROCA INC Springfield, MAVARIOUS$5,000
DOCTORS WITHOUT BORDERS New York, NYVARIOUS$5,000
HABITAT FOR HUMANITY GREATER BOSTON Boston, MAVARIOUS$5,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by two trustees:

  • Narendra Popat (Trustee)
  • Jyoti Popat (Trustee)

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Narendra PopatTrustee1—
Jyoti PopatTrustee1—

Frequently Asked Questions

What does The Hope Foundation - USA 1999 Trust fund?

The foundation's primary funding priorities include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Nonprofit Human Services • Human and Social Service Grants • Poverty Alleviation

How do I apply for a grant from The Hope Foundation - USA 1999 Trust?

**Grant Activity:** • Total giving: $323,606 (most recent filing) • Typical award range: $1,000–$129,321 • Median grant amount: $6,300 • Grant count: 8 grants (2023 tax year) The foundation distributes grants to support organizations working in their priority areas.

Where does The Hope Foundation - USA 1999 Trust make grants?

The foundation primarily funds organizations in: • Massachusetts • New York • Pennsylvania

What size grants does The Hope Foundation - USA 1999 Trust award?

In 2024, The Hope Foundation - USA 1999 Trust awarded 13 grants totaling $324K — an average of about $25K per grant, based on its IRS Form 990 filings.

How much is The Hope Foundation - USA 1999 Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hope Foundation - USA 1999 Trust reported a distributable amount of $226K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Hope Foundation - USA 1999 Trust's EIN?

The Hope Foundation - USA 1999 Trust's EIN (Employer Identification Number) is 04-6902384. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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