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SOURCE OF HOPE FOUNDATION
NEW YORK, NY · EIN 264380918 · Form 990PF · FY2024 · NTEE T20 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$798K
expenses
$56K
net assets
$2.2M
employees
—
profile · synthesized from sources

Private foundation based in New York that makes grants to support the exempt functions of other nonprofit organizations. In 2024, it distributed funding to educational institutions, social service nonprofits, and international humanitarian causes. The foundation does not appear to operate direct programs.

named programs · 1 · from sources

What they call their work

General Grantmaking Program
Provides financial support to nonprofit organizations to aid in carrying out their exempt functions, with a focus on education, social services, and humanitarian causes.
activities · 6 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding support for Henry Street Settlement
      Funds Henry Street Settlement to support its exempt functions, reflecting the foundation's grantmaking role in community-based services.
    • Funding support for the Juan Felipe Gomez Escobar Foundation Inc.
      Funds the Juan Felipe Gomez Escobar Foundation Inc. to support its exempt functions, with grants awarded in multiple reporting periods.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding support for Brown University
      Funds Brown University to support its exempt functions, as part of the organization's broader grantmaking activities.
  • Support for Israeli Educational Institutions 1 activity
    • Funding support for P.E.F. Israel Endowment Funds Inc.
      Funds P.E.F. Israel Endowment Funds Inc. to support its exempt functions, as part of the foundation's international grantmaking portfolio.
  • Jewish Life and Security Support 1 activity
    • Funding support for the New Israel Fund
      Funds the New Israel Fund to support its exempt functions, advancing democratic values and social justice in Israel.
  • Art Museum Funding and Support 1 activity
    • Funding support for the Solomon R Guggenheim Foundation
      Funds the Solomon R Guggenheim Foundation to support its exempt functions. This grantmaking activity has been documented in multiple fiscal years.
  • Uncategorized 3 activities
    • Funding support for American Friends of the Parents Circle - Families Forum
      Funds American Friends of the Parents Circle - Families Forum to support its exempt functions, supporting peacebuilding efforts between Israeli and Palestinian families.
    • Funding support for Hand in Hand Inc.
      Funds Hand in Hand Inc. to support its exempt functions, which promote integrated education and coexistence between Jewish and Arab communities in Israel.
    • Funding support for J Street Education Fund Inc.
      Funds J Street Education Fund Inc. to support its exempt functions, furthering educational initiatives related to pro-Israel, pro-peace advocacy.
financials · form 990PF · fy2024
revenue
Total revenue$798K
Contributions & grants$450K56%
Program service revenue——
Investment income$8K1%
Other revenue$288K
expenses
Total expenses$56K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$1.06M
balance sheet
Total assets$2.18M
Cash—
Investments—
Liabilities—
Net assets$2.18M
4 years on record · 2020–2024 · YoY revenue +64.1%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • PILAR CRESPI ROBERT — TRUSTEE
  • STEPHEN ROBERT — TRUSTEE
relationships · 9

Who they work with

  • American Friends of the Parents Circle - Families Forum Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • Brown University Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • Hand in Hand Inc. Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • Henry Street Settlement Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • J Street Education Fund Inc. Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • Juan Felipe Gomez Escobar Foundation Inc. Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • New Israel Fund Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • P.E.F. Israel Endowment Funds Inc. Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.
  • Solomon R Guggenheim Foundation Partner — Receives grant funding from Source of Hope Foundation to support its exempt functions.