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.

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

+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

Massachusetts $581K (40%)

Maryland $427K (29%)

Pennsylvania $310K (21%)

Texas $54K (4%)

California $23K (2%)

New York $19K (1%)

Delaware $18K (1%)

Illinois $13K (1%)

+3 more states

States

Alabama California Delaware Georgia Illinois Massachusetts Maryland New York Pennsylvania Texas Washington

Cities

AndoverArlingtonAtlantaBostonCambridgeClaymontCupertinoCypressDoylestownFraminghamFremontGrotonHoustonLake ForestLos AltosLos AngelesLowellLynnMarlboroughMontgomery

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

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

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

Recipient	Purpose	Amount
RIA INC FRAMINGHAM, MA	HUMAN SERVICE	$1,606
NATIONAL MULTIPLE SCLEROSIS SOCIETY NEW YORK, NY	VARIOUS	$2,120
VIPASSANA MEDITATION CENTER SHELBURNE FALLS, MA	VARIOUS	$5,000
ROCA INC SPRINGFIELD, MA	VARIOUS	$5,000
DOCTORS WITHOUT BORDERS NEW YORK, NY	VARIOUS	$5,000
HABITAT FOR HUMANITY GREATER BOSTON BOSTON, MA	VARIOUS	$5,000
MAKE A WISH FOUNDATION BOSTON, MA	VARIOUS	$5,000
CHINMAYA MISSION OF BOSTON ANDOVER, MA	VARIOUS	$10,000
MASSACHUSETTS GENERAL HOSPITAL BOSTON, MA	VARIOUS	$10,000
BIDADA INTERNATIONAL CYPRESS, CA	VARIOUS	$18,280

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	—

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.