The JML Hope Foundation Inc

Foundation · Grantmaker New York, NY EIN: 83-1708645

The JML Hope Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $26K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $3K.

Key facts about The JML Hope Foundation Inc

In short: The JML Hope Foundation Inc gave $20K across 1 grant in 2025 (avg $20K), mostly in Connecticut. Source: 2025 IRS Form 990-PF.

EIN
83-1708645
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$20,000
Grants made (2025)
1
Average grant
$20,000
Median grant
$20,000
Total assets
$25,583
Primary geography
Connecticut (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$26K

-41.9% YoY

Annual Giving

$20K

-65.9% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$20K

+2.4% YoY

Under IRS private-foundation payout rules, The JML Hope Foundation Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

How The JML Hope Foundation Inc gives

  • Giving fell 69% from 2022 to 2025. Method
  • 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 1 itemized 2025 grant dollars.

Cities

TrumbullNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K1 grants20201 grants20211 grants20221 grants20233 grants20241 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

Hands Offering Hope DBA Oido: $20KHands Offering Hope DBA Oido$20K

Grant Size Distribution

7 grants across all recorded years

4<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
HANDS OFFERING HOPE DBA OIDO Trumbull, CTCHARITABLE DONATION$20,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$25K$50K$75K$100K202020212022202320242025
Metric202520242023
Total Assets$25,583$44,061$94,099
Revenue$5,128$9,353$2,342
Expenses$23,606$59,391$82,752
Qualifying Distributions$21,575$58,570$80,525
Net Investment Income$2,847$8,332$1,131
Distributable Amount$1,642$3,286$6,440

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  7. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
  8. Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
  9. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
  10. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
  11. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
  12. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)

Leadership & Key People

Officers and directors from IRS filings

The JML Hope Foundation Inc is led by Jennifer Lotito, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Jennifer Lotito

    President

    On filings since 2020

    No compensation reported

  • Clair L. Tondreau

    Director

    On filings since 2020

    No compensation reported

  • James David Sweeny

    Director

    On filings since 2020

    No compensation reported

  • Thomas Lotito

    Director

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "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 JML Hope Foundation Inc

How much does The JML Hope Foundation Inc give each year?

The JML Hope Foundation Inc gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $59K across 3 grants.

How large is The JML Hope Foundation Inc?

The JML Hope Foundation Inc reported $26K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What is The JML Hope Foundation Inc?

The JML Hope Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds $26K in total assets as of 2025.

Where does The JML Hope Foundation Inc operate?

The JML Hope Foundation Inc has awarded grants in Connecticut, New York.

What is The JML Hope Foundation Inc's EIN?

The JML Hope Foundation Inc's EIN (Employer Identification Number) is 83-1708645. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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