Mindys Hope Foundation
- Assets
- $1.7m
- Revenue
- $90.5k
- Investments
- $1.7m
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 12/2015
- Data as of
- 12/2023
- EIN
- 47-3640237
Organization Overview
Mindys Hope Foundation is located in Wilmington, DE. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Mindys 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 12/2023, Mindys Hope Foundation generated $90.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (30.5%) each year. All expenses for the organization totaled $262.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mindys Hope Foundation has awarded 55 individual grants totaling $1,355,107. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,799 |
| Dividends & Interest | $57,550 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $31,104 |
| Capital Gain Net Income | $31,104 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $90,453 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,208 |
| Total operating and administrative expenses | $26,615 |
| Contributions, gifts, grants paid | $236,000 |
| Total expenses and disbursements | $262,615 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,659 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,739,023 |
| 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, Mindys Hope Foundation has awarded $236,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
BILL DASCH MINISTRIES INC PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
CAREITY FOUNDATION PURPOSE: CHARITABLE EVENT | $10,000 |
COWBOY ARTISTS OF AMERICA JOE BEELER FOUNDATION PURPOSE: CHARITABLE EVENT | $10,000 |
EBONY HORSEWOMEN INC PURPOSE: GENERAL & UNRESTRICTED | $30,000 |
INTERNATIONAL DOCUMENTARY ASSOCIATION PURPOSE: FILM PROJECT | $85,000 |
RONALD MCDONALD HOUSE OF FORT WORTH INC PURPOSE: CHARITABLE EVENT | $5,000 |