The Yope Foundation
The Yope Foundation is a private foundation focused on Education, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.2M in total assets. In 2024, it awarded 9 grants totaling $729K. Net investment income was $395K.
The Yope Foundation at a glance
In short: The Yope Foundation gave $729K across 9 grants in 2024 (avg $81K), top state Alabama. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $729,354
- +872.5% vs 2023
- Grants made (2024)
- 9
- +800.0% vs 2023
- Average grant
- $81,039
- +8.1% vs 2023
- Median grant
- $100,000
- Total assets
- $14,229,136
- -9.2% vs 2023
- Primary geography
- Alabama (45% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
Who The Yope Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
The largest 2024 recipient was Uternehmer Tum ($103K). Together the top 9 received $729K.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 9 itemized grants.
Cities
How The Yope Foundation gives
- Giving grew 353% from 2021 to 2024. Method
- In 2024 it paid out 201% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $75K (2023) to $729K (2024). In 2024 it made 9 grants totaling $729K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Uternehmer Tum | Educational Entrepreneurship and Innovation Programs | $103,483 |
| Drexel University Philadelphia, AL | Educational | $100,000 |
| Earthchild Project | Educational | $100,000 |
| Massachusettes Institute of Technology Cambridge, AL | Educational | $100,000 |
| NYU Stern School of Business New York, AL | Educational | $100,000 |
| University of Oxford | Educational | $100,000 |
| Friends of the University of Stellenbosch Foundation New York, NY | Educational Entrepreneurship and Innovation Programs | $75,000 |
| Rise Europe | Educational | $25,871 |
| Health Hub San Francisco, AL | Educational | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,229,136 | $474,008 | $1,920,973 | $729,354 | 9 | $2,517,369 | $395,405 | $1,251,891 |
| 2023 | $15,662,741 | $-594,049 | $547,567 | $75,000 | 1 | $1,915,949 | $285,358 | $1,984,660 |
| 2022 | $19,950,711 | $91,251 | $961,701 | $500,000 | 1 | $1,486,443 | — | $1,547,971 |
| 2021 | $20,759,658 | $8,057,553 | $300,455 | $161,000 | 1 | $243,675 | $8,044,737 | $1,451,042 |
| 2020 | $13,002,601 | $-1,700,364 | $65,765 | — | — | — | $25,519 | $2,000,092 |
Under IRS private-foundation payout rules, The Yope Foundation reported a distributable amount of $1.3M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Yope Foundation is led by Michael J. Baum, President Board Chair since 2024 (on filings since 2020); 2 of 3 officers listed in 2024 are compensated.
Officers on the 2024 filing
Michael J. Baum
President Board Chair
President & Board Chair → President Board Chair, 2024
On filings since 2020
30 hrs/week
$164K (2022) → $246K (2024)
Julie Carabello Baum
Director
New on the 2024 filing
5 hrs/week
No compensation reported
Christopher Seybold
Secretary & Treasurer
On filings since 2020
10 hrs/week
$10K (2020) → $222K (2024)
Former officers (1)
- Former: Julie F. Carabello (2020–2023) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $246K, to Michael J Baum (President Board Chair). 2 officers or directors reported compensation on that filing.
Frequently asked questions about The Yope Foundation
How much does The Yope Foundation give each year?
The Yope Foundation gave $729K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $75K across 1 grant.
What is The Yope Foundation's typical grant size?
The Yope Foundation's median grant in 2024 was $100,000, and its average grant was $81,039, across 9 grants on its 2024 IRS Form 990-PF.
Where does The Yope Foundation give grants?
The Yope Foundation's top state is Alabama, with 45% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest state was New York (10%).
Does The Yope Foundation give general operating support?
Not in 2024: none of the 9 grants with a stated purpose on The Yope Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational" (7 grants).
Who are The Yope Foundation's largest grantees?
The Yope Foundation's largest 2024 grantees include Uternehmer Tum ($103,483), Drexel University ($100,000) and Earthchild Project ($100,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is The Yope Foundation?
The Yope Foundation reported $14.2M in total assets on its 2024 IRS Form 990-PF. It paid out $2.5M in qualifying distributions that year, against a required minimum of $1.3M (roughly 5% of its investment assets).
What is The Yope Foundation?
The Yope Foundation is a private foundation focused on Education, based in Wilmington, DE. It holds $14.2M in total assets as of 2024.
What is The Yope Foundation's EIN?
The Yope Foundation's EIN (Employer Identification Number) is 46-1218553. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Yope Foundation funds
Education Open opportunities, soonest deadline first.
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