Hope Foundation

Organization Overview

Hope Foundation is located in Providence, RI. The organization was established in 1962. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hope Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Hope Foundation generated $124.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.0%) each year. All expenses for the organization totaled $353.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Hope Foundation has awarded 68 individual grants totaling $826,468. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Angela B Fischer
Trustee
$0
Nicholas Brown
Trustee
$0
John C Brown IV
Trustee
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $458
Dividends & Interest $86,514
Net Rental Income$0
Net Gain on Sale of Assets $36,614
Capital Gain Net Income $36,614
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $757
Total Revenue $124,343

Grants Awarded

Over the last fiscal year, Hope Foundation has awarded $295,110 in support to 22 organizations.

Grant RecipientAmount

BLUE SCHOOL

PURPOSE: OPERATING EXPENSES

$25,000

BRIDGER SKI FOUNDATION

PURPOSE: OPERATING EXPENSES

$3,000

CHINA RESIDENCIES

PURPOSE: OPERATING EXPENSES

$24,000

EMMANUEL CHURCH

PURPOSE: MUSIC PROGRAM

$4,950

CONTRIBUTIONS OF LESS THAN 5000 DETAIL AVAILABLE UPON REQUEST

PURPOSE: OPERATING EXPENSES

$82,950

GALLATIN VALLEY LAND TRUST

PURPOSE: OPERATING EXPENSES

$20,245
View Grant Profile

Peer Organizations

Organization NameAssets
The Patrick J Mcgovern Foundation Inc
Boston, MA
$18,432,891
Zoom Foundation
Greenwich, CT
$97,257,191
The Morningside Foundation
Newton Centre, MA
$64,265,308
Cohen Veterans Network Inc
Stamford, CT
$53,108,085
One8 Foundation
Boston, MA
$32,279,319
Adelson Family Foundation
Needham, MA
$39,973,149
Ge Foundation
Norwalk, CT
$35,323,009
F B Heron Foundation
New Haven, CT
$33,774,082
Jeremy And Hannelore Grantham Environmental Trust
Boston, MA
$65,881,649
Flatley Foundation
Braintree, MA
-$15,458,032
Growald Climate Fund Inc
Brookline, MA
$29,383,813
The Tow Foundation Inc
New Canaan, CT
$8,216,304
Edward C Johnson Fund
Boston, MA
$105,598,690
Richard And Susan Smith Family Foundation
Newton, MA
$30,619,653
Iiegn Family Foundation
Boston, MA
$1,021,594
Tjx Foundation Inc
Framingham, MA
$34,877,412
Sage Foundation Inc
Greenwich, CT
$16,838,962
Ralph R Papitto And Barbara A Papitto Private Family Foundation
Providence, RI
$35,764,985
The Perrin Family Foundation
Old Greenwich, CT
$160,694
Broad Reach Foundation
Boston, MA
$14,590,431
State Street Foundation Inc
Boston, MA
$25,101,170
Eastern Bank Charitable Foundation
Lynn, MA
$22,964,256
Newmans Own Foundation
Westport, CT
$13,467,664
Champions Of Love Foundation Inc
Boston, MA
$43,678,647
Peter And Ann Lambertus Family Foundation Inc
Boston, MA
$9,426,539

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