The Yope Foundation

Private foundation · Grantmaker Wilmington, DE EIN: 46-1218553

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.

Key facts about The Yope Foundation

In short: The Yope Foundation gave $729K across 9 grants in 2024 (avg $81K), top state Alabama. Source: 2024 IRS Form 990-PF.

EIN
46-1218553
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$729,354
Grants made (2024)
9
Average grant
$81,039
Median grant
$100,000
Total assets
$14,229,136
Primary geography
Alabama (45% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$14.2M

-9.2% YoY

Annual Giving

$729K

+872.5% YoY

Grant Count

9

+800.0% YoY

Avg Grant Size

$81K

+8.1% YoY

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.

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

New YorkBel TiburonCambridgeIndianapolisPhiladelphiaSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2020 1 grant2021 1 grant2022 1 grant2023 9 grants2024

From 2021 to 2024, annual grant giving ranged from $75K (2023) to $729K (2024). In 2024 it made 9 grants totaling $729K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Uternehmer Tum: $103KUternehmer Tum$103KDrexel University: $100KDrexel University$100KEarthchild Project: $100KEarthchild Project$100KMassachusettes Institute of Technology: $100KMassachusettes Institute ofTechnology$100KNYU Stern School of Business: $100KNYU Stern School of Business$100KUniversity of Oxford: $100KUniversity of Oxford$100KFriends of the University of Stellenbosch Foundation: $75KFriends of the University ofStellenbosch Foundation$75KRise Europe: $26KRise Europe$26KHealth Hub: $25KHealth Hub$25K

The largest 2024 recipient was Uternehmer Tum ($103K). Together the top 9 received $729K.

Grant Size Distribution

12 grants across all recorded years

2<$50K2$50–100K7$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 7 grants of 12 (58%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Uternehmer Tum Educational Entrepreneurship and Innovation Programs$103,483
Drexel University Philadelphia, ALEducational$100,000
Earthchild Project Educational$100,000
Massachusettes Institute of Technology Cambridge, ALEducational$100,000
NYU Stern School of Business New York, ALEducational$100,000
University of Oxford Educational$100,000
Friends of the University of Stellenbosch Foundation New York, NYEducational Entrepreneurship and Innovation Programs$75,000
Rise Europe Educational$25,871
Health Hub San Francisco, ALEducational$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2.5M$5M$7.5M$10M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$14,229,136$15,662,741$19,950,711
Revenue$474,008$-594,049$91,251
Expenses$1,920,973$547,567$961,701
Qualifying Distributions$2,517,369$1,915,949$1,486,443
Net Investment Income$395,405$285,358—
Distributable Amount$1,251,891$1,984,660$1,547,971

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 November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 17, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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

Michael J Baum — President Board Chair: $246KMichael J BaumPresident Board Chair$246KChristopher Seybold — Secretary & Treasurer: $222KChristopher SeyboldSecretary & Treasurer$222K

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.

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