The Hope Foundation - Usa 1999 Trust
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.
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
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
States
Cities
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.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
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
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| NARENDRA POPAT | TRUSTEE | 1 | — |
| JYOTI POPAT | TRUSTEE | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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