The JML Hope Foundation Inc
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
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| HANDS OFFERING HOPE DBA OIDO Trumbull, CT | CHARITABLE DONATION | $20,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 6, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 15, 2025)
- 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.
Here's the math on researching The JML Hope Foundation Inc by hand.
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