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TOMORROWS HOPE FOUNDATION II INC

UNIONDALE, NY · EIN 844265021 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M) · tomorrowshopefoundation.org
revenue
$4.9M
expenses
$4.0M
net assets
$2.7M
employees
6
volunteers
70
program ratio
76%
mission · from form 990

TO ENSURE THE EXCELLENCE AS WELL AS THE CONTINUANCE OF CATHOLIC SCHOOLS ON LONG ISLAND BY INCREASING AWARENESS AND BY PROVIDING SCHOLARSHIP AND PROGRAM FUNDING FOR THE NEEDS OF STUDENTS AND SCHOOLS.

profile · synthesized from sources

Grantmaking foundation dedicated to preserving and strengthening Catholic elementary schools on Long Island. Provides scholarship funding and program support to make Catholic education accessible for families in need. Works independently of the Diocese of Rockville Centre while continuing the mission of its predecessor organization.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $46K
    TO SUPPORT THE CATHOLIC EDUCATIONAL ACTIVITIES ON LONG ISLAND THROUGH PROGRAM FUNDING TO CATHOLIC SCHOOLS ON LONG ISLAND, AND TO ENCOURAGE A RENEWED COMMITMENT TO SUCH SCHOOLS.
named programs · 4 · from sources

What they call their work

Adopt-A-School Program
Enables businesses, corporations, and donors to form direct relationships with specific Catholic schools, providing scholarship support or funding for equipment and technology
Generations of Hope Campaign
Long-term fundraising campaign with a $12.5 million goal to expand scholarship access and ensure the sustainability of Catholic elementary education on Long Island
Legacy of Hope Society
Recognizes individuals who include Tomorrow's Hope Foundation in their estate plans through wills, trusts, or beneficiary designations
STAR Program
Matches students in need with individual donors ("STARS") who contribute $3,500 annually toward tuition at Long Island Catholic elementary schools
activities · 3 groups

What they do

  • Private K–12 School Support 4 activities
    • Administering donor engagement and scholarship matching programs
      Operates the Adopt-A-School program, which directs 100% of donations to Catholic schools for scholarships and equipment or technology improvements, and runs a tuition assistance program that matches students in need with donors contributing $3,500 annually.
    • Assessing financial need for scholarship applicants
      Contracts with a third-party vendor to assess financial need as part of its scholarship application process for Catholic elementary school students on Long Island.
    • Funding Catholic elementary education through scholarships and school support
      Provides program funding and partial scholarships to support students and schools within a network of 35 Catholic elementary schools on Long Island. The foundation has awarded over $36 million in scholarships, serving more than 26,000 students, and monitors student attendance twice annually to ensure accountability in scholarship disbursement.
    • Running the Generations of Hope fundraising campaign
      Runs the Generations of Hope campaign with a $12.5 million fundraising goal to expand scholarship support for Catholic elementary education on Long Island.
  • Website Accessibility Implementation 1 activity
    • Improving digital accessibility of foundation communications
      Invests in website accessibility by using UserWay's Accessibility Scanner to regularly identify and fix barriers, and employs software to maintain compliance with Web Content Accessibility Guidelines (WCAG 2.1).
  • Uncategorized 1 activity
    • Funding outreach and communication initiatives for Catholic schools
      Established and rebranded an Advisory Council as Team HOPE (Helping, Outreach, Promotion, and Engagement Team) to strengthen community awareness and communications with Catholic elementary schools on Long Island.
financials · form 990 · fy2024
revenue
Total revenue$4.95M
Contributions & grants$4.93M100%
Program service revenue$00%
Investment income$87K2%
Other revenue$-71K
expenses
Total expenses$4.00M
Program expenses76%
Admin / overhead11%
Fundraising13%
Salaries & benefits$730K
Grants paid out$2.67M
Largest expense lineCompensation
balance sheet
Total assets$4.33M
Cash$1.05M
Investments$1.20M
Liabilities$1.59M
Net assets$2.74M
Liquid reserves6.8 mo
4 years on record · 2020–2024 · YoY revenue +33.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ISMINI SCOURAS EXECUTIVE DIRECTOR 35 $210K
MEAGHAN KELLY SR DIR OF OPS & ADVANCEMENT 35 $153K
board members · 23
  • BERNADETTE CASEY SMITH — DIRECTOR
  • BERNADETTE KASNICKI — DIRECTOR
  • BRENDAN MCGOVERN — DIRECTOR
  • BRIAN T SHEA — DIRECTOR
  • CAROLYNN LUCCA BLACK — DIRECTOR
  • CATHERINE T MUSCENTE — DIRECTOR
  • CHRISTOPHER TULLY — VICE CHAIRMAN/SECRETARY
  • DAVID LYNCH — DIRECTOR
  • DENNIS HARRINGTON — DIRECTOR
  • DOMINICK CASTORO — DIRECTOR
  • FJ MCCARTHY CCIM — DIRECTOR
  • FRANK MELACCIO — DIRECTOR
  • FRANK P LIANTONIO — VICE CHAIRMAN/VICE PRESIDENT
  • GLENN TYRANSKI — DIRECTOR
  • JEFFREY R BYRNES — DIRECTOR
  • JOSEPH TARTAMELLA — DIRECTOR
  • JOSEPH YOUNG — DIRECTOR
  • KATHLEEN DEEGAN DICKSON — DIRECTOR
  • LEWIS S RANIERI — CHAIRMAN/PRESIDENT
  • MARGARET YORK — DIRECTOR
  • MARGUERITE KIRCHER — DIRECTOR
  • MARMELINE PETION-MIDY — DIRECTOR
  • MATTHEW HESLIN — DIRECTOR
relationships · 22

Who they work with

  • Catholic elementary schools on Long Island Network — Supports Catholic elementary schools across Long Island through scholarship funding and sustainability initiatives.
  • DRVC Department of Education Partner — Education department represented on Advisory Council/Team HOPE; collaborates on curriculum and technology initiatives.
  • Diocese of Rockville Centre Government — Original founding entity; THFII was restructured to operate independently from the Diocese.
  • FACTS Grant & Aid Management Partner — Third-party vendor used to assess financial need for scholarship applicants.
  • FreeWill Partner — Partnered to provide a trusted online tool for creating wills or trusts and designating beneficiaries.
  • Holy Angels Regional School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • Holy Name of Mary School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • Kellenberg Memorial HS Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • Kellenberg Memorial High School Partner — Alumni and supporters of the foundation are graduates of Kellenberg Memorial, indicating a partnership through shared educational mission and donor engagement.
  • LICES Network — Member of the Long Island Catholic Elementary Schools network.
  • Morning Star Initiative Partner — Collaborates on the "Four Pillars" initiative to revitalize Catholic elementary schools on Long Island.
  • Not specified Partner — Matches students with individual donors (STARs) who provide annual tuition assistance.
  • Our Lady of the Hamptons Regional School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • St. Anne School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • St. Elizabeth Ann Seton Partner — Family describes the school as integral to their children's formation and connected to the foundation's mission, indicating a programmatic or institutional partnership.
  • St. Elizabeth Ann Seton Regional School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • St. Martin de Porres Marianist School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • St. William the Abbot School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • Sts. Philip & James School Partner — School served by Tomorrow's Hope Foundation and represented on Advisory Council/Team HOPE.
  • UserWay Partner — Partners with UserWay to implement web accessibility tools and scanning services on its website.
  • corporations Partner — Engages corporations in the Adopt-A-School program to provide support to Catholic schools.
  • local businesses Partner — Partners with local businesses through the Adopt-A-School program to support Catholic schools.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Driven Outreach and Engagement
    methodology: community-driven outreach
    By leveraging trusted local ambassadors from parish and school communities, we strengthen participation and awareness, because community-embedded messengers increase credibility and relational buy-in.
  • Donor-Matching Scholarship Model
    methodology: donor-matching scholarship program
    By connecting individual donors directly with students in need through a $3,500 annual commitment, we increase tuition assistance and donor engagement, because personal relationships strengthen accountability and long-term support.
  • Faith-Integrated Education as Holistic Development
    methodology: integrated faith-and-learning
    By integrating faith with academic and character formation, we foster student growth and human flourishing, because spiritual, intellectual, and personal development are mutually reinforcing in a Catholic educational context.