Discovering Hope Foundation

Organization Overview

Discovering Hope Foundation is located in Orchard Lake, MI. The organization was established in 2019. 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. Discovering 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 12/2021, Discovering Hope Foundation generated $61.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (58.8%) each year. All expenses for the organization totaled $107.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (53.5%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Discovering Hope Foundation has awarded 25 individual grants totaling $279,000. 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.

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Board, Officers & Key Employees

Name (title)Compensation
David W Drews
President, S
$0
Lisa R Drews
V President,
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $46,669
Net Rental Income$0
Net Gain on Sale of Assets $9,938
Capital Gain Net Income $9,938
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $5,043
Total Revenue $61,650

Grants Awarded

Over the last fiscal year, Discovering Hope Foundation has awarded $96,500 in support to 7 organizations.

Grant RecipientAmount

KIRK IN THE HILLS CHURCH

PURPOSE: RELIGIOUS EDUCATION

$47,500

REGENTS OF THE UNIVERSITY OF MI

Org PageRecipient Profile

Ann Arbor, MI

PURPOSE: HIGHER EDUCATION

$25,000

KARMANOS CANCER INSTITUTE

Org PageRecipient Profile

Detroit, MI

PURPOSE: CANCER RESEARCH

$10,000

THE JUDSON CENTER

PURPOSE: CREATE BETTER FUTURE FOR MI CHILDRN

$8,000

FISH OF SANIBEL CAPTIVA

Org PageRecipient Profile

Sanibel, FL

PURPOSE: SOCIAL SERVICES FOR SANIBEL FL

$2,500

Pontiac, MI

PURPOSE: SOCIAL CHANGE THRU MUSIC

$2,500
View Grant Profile

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