Everhope Foundation
- Assets
- $4.0m
- Revenue
- $1.3m
- Investments
- $3.9m
- Employees
- 0
- Location
- Providence, RI
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 30-0804328
Organization Overview
Everhope Foundation is located in Providence, RI. The organization was established in 2014. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Everhope 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, Everhope Foundation generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $176.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Everhope Foundation has awarded 63 individual grants totaling $522,025. 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) | Role | Hours | Compensation |
|---|---|---|---|
Frohman Anderson President | 0 | $0 | |
Kimberley Anderson Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $952,749 |
| Interest on Savings | $888 |
| Dividends & Interest | $41,001 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $177,147 |
| Capital Gain Net Income | $177,147 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $111,792 |
| Total Revenue | $1,283,577 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $325 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,400 |
| Printing and publications | $0 |
| Other expenses | $44,014 |
| Total operating and administrative expenses | $47,714 |
| Contributions, gifts, grants paid | $129,000 |
| Total expenses and disbursements | $176,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,905 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $1,000 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,681,352 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $37,500 |
| Total assets | $4,032,364 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Everhope Foundation has awarded $129,000 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
Eugene, OR PURPOSE: FOR PROGRAMSFOR PROGRAMS | $25,000 |
Washington, DC PURPOSE: FOR PROGRAM EXPENSES | $15,000 |
THE GOOD FOOD INSTITUTE PURPOSE: FOR PROGRAMS | $10,000 |
Providence, RI PURPOSE: FOR PROGRAMS | $10,000 |
MATERIAL INNOVATIVE INITIATIVE PURPOSE: FOR PROGRAMS | $10,000 |
Providence, RI PURPOSE: FOR PROGRAMS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harold Grinspoon Foundation Agawam, MA | $968,665,027 | $58,159,410 |
Halvorsen Family Foundation Greenwich, CT | $235,306,066 | $4,015,208 |
Lynch Foundation Boston, MA | $176,006,196 | $42,142,694 |
Lyford Cay Foundation Inc Greenwich, CT | $29,953,842 | $2,393,799 |
Wings For Things Foundation Inc Sandy Hook, CT | $31,046,537 | $6,302,092 |
Trustees Under The Will Of Herman Dana Newton, MA | $0 | $3,151,156 |
Herman And Frieda L Miller Foundation Boston, MA | $0 | $1,453,299 |
Hometown Foundation Inc Cheshire, CT | $4,638,062 | $3,709,489 |
Elizabeth Deblois Charitable Trust Dtd 113068 Boston, MA | $42,663,522 | $5,064,165 |
Maria Seymour Brooker Memorial Inc Torrington, CT | $41,917,935 | $4,321,077 |
Jobson Family Foundation Wellesley, MA | $38,480,789 | $7,536,069 |
Scott A Nathan Charitable Tr Boston, MA | $6,622,498 | $4,024 |