Hank And Lynn Hopeman Foundation Inc

Organization Overview

Hank And Lynn Hopeman Foundation Inc is located in Sunapee, NH. The organization was established in 2008. 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. Hank And Lynn Hopeman Foundation Inc 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 12/2021, Hank And Lynn Hopeman Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Hank And Lynn Hopeman Foundation Inc has awarded 44 individual grants totaling $3,628,000. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

N/A


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $857,800
Net Rental Income$0
Net Gain on Sale of Assets $1,929,344
Capital Gain Net Income $1,929,344
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $2,787,144

Grants Awarded

Over the last fiscal year, Hank And Lynn Hopeman Foundation Inc has awarded $1,172,000 in support to 14 organizations.

Grant RecipientAmount

GROVE CITY COLLEGE

Org PageRecipient Profile

Grove City, PA

PURPOSE: SCHOLARSHIPS 500,000 AND WOLVERINE CHALLENGE 40,000

$542,000

NH FOOD BANK

PURPOSE: FOOD BANK

$150,000

ROCHESTER INSTITUTE OF TECHNOLOGY

PURPOSE: MEDICAL RESEARCH

$100,000

WAKE FOREST UNIVERSITY HEALTH SCIEN

Org PageRecipient Profile

Winston Salem, NC

PURPOSE: TRANSITIONAL CARE MODEL INNOVATION

$100,000

MASSACHUSETTS GENERAL HOSPITAL

PURPOSE: SCHOLARSHIP

$100,000

TRUSTEES OF DARTMOUTH COLLEGE

Org PageRecipient Profile

Hanover, NH

PURPOSE: MEDICAL RESEARCH

$100,000
View Grant Profile

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