Source of Hope Foundation
Preselected recipients only
Source of Hope Foundation is a private foundation in New York, New York. In tax year 2024 it gave $1.1 million in 16 grants; the typical grant was $30,000 and the largest $325,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$1.1 million
- Number of grants16
- Typical grant$30,000
- Largest grant$325,000
- Assets$3.9 million
- New grantees46%
Giving in 2024 was down from $1.2 million the year before.
46% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $1.1 million | 19 | $4.6 million |
| 2023 | $1.2 million | 20 | $4.0 million |
| 2024 | $1.1 million | 16 | $3.9 million |
How to apply
Source of Hope Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Source of Hope Foundation funds
Where it gives
Its grants went to recipients in 6 states, the most to New York.
| State | Grants | Amount |
|---|---|---|
| New York | 10 | $750,000 |
| Rhode Island | 1 | $200,000 |
| Florida | 2 | $49,507 |
| Pennsylvania | 1 | $30,000 |
| District of Columbia | 1 | $20,000 |
| California | 1 | $10,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Solomon R Giggenheim Foundation | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $325,000 |
| Brown University of Provodence | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $200,000 |
| Solomon R Giggenheim Foundation | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $150,000 |
| Henry Street Settlement | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $100,000 |
| P E F Israel Endowment Runds Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $40,000 |
| American Friends of the Parents Circle Families Forum | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $40,000 |
| American Friends of the Parents Circle Families Forum | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $35,000 |
| Hand in Hand Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $30,000 |
| New Israel Fund | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $30,000 |
| Juan Felipe Gomez Escobar Foundation Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $29,507 |
| J Street Education Fund Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $20,000 |
| Juan Felipe Gomez Escobar Foundation Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $20,000 |
| Henry Street Settlement | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $12,500 |
| Henry Street Settlement | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $12,500 |
| Friends of Incontri in Terra Di Siena Inc | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $10,000 |
| Cornell University | The purpose of this contribution is to aid the donee organization in carrying out its exempt functions | $5,000 |
Officers and trustees
- Stephen Robert
- Pilar Crespi Robert
Questions people ask
Does Source of Hope Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Source of Hope Foundation give?
$1.1 million in tax year 2024, across 16 grants, with a typical grant of $30,000.
Who runs Source of Hope Foundation?
Its 2024 filing lists Stephen Robert (Trustee) and Pilar Crespi Robert (Trustee).
What does Source of Hope Foundation fund?
Based on its grants, mainly education and human services.