Helens Hope Foundation
- Assets
- $10.7m
- Revenue
- $704.0k
- Investments
- $10.6m
- Employees
- 0
- Location
- Devon, PA
- Founding
- 07/2007
- Data as of
- 12/2022
- EIN
- 20-7410435
Organization Overview
Helens Hope Foundation is located in Devon, PA. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Helens 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, Helens Hope Foundation generated $704.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $891.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Helens Hope Foundation has awarded 84 individual grants totaling $3,724,704. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Karl Chairman | 2 | $0 | |
Stephanie Karl Founder And President | 2 | $0 | |
Mallory Silva Executive Director | 40 | $60,000 | |
Hollie Saborido Trustee And Manager | 40 | $55,000 | |
Kristian Karl Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $227,753 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $476,227 |
| Capital Gain Net Income | $476,227 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $703,980 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $115,000 |
| Other employee salaries and wages | $30,000 |
| Pension plans, employee benefits | $12,225 |
| Interest | $0 |
| Taxes | $14,373 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,148 |
| Total operating and administrative expenses | $309,644 |
| Contributions, gifts, grants paid | $581,575 |
| Total expenses and disbursements | $891,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,834 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,173 |
| Total assets | $10,710,692 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Helens Hope Foundation has awarded $581,575 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUB OF NEWBURGH INC PURPOSE: GENERAL UNRESTRICTED | $75,000 |
BRANCHES INC PURPOSE: GENERAL UNRESTRICTED | $75,000 |
CAMILLUS HOUSE INC PURPOSE: GENERAL UNRESTRICTED | $16,575 |
DUTCHESS OUTREACH PURPOSE: GENERAL UNRESTRICTED | $25,000 |
EPISCOPAL ACADEMY PURPOSE: GENERAL UNRESTRICTED | $50,000 |
FAMILY SERVICES INC PURPOSE: GENERAL UNRESTRICTED | $75,000 |