Hopewell Fund

Organization Overview

Hopewell Fund is located in Washington, DC. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Hopewell Fund employed 135 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hopewell Fund 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, Hopewell Fund generated $123.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 51.0% each year . All expenses for the organization totaled $122.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Hopewell Fund has awarded 1,169 individual grants totaling $298,090,411. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE HOPEWELL FUND HELPS SOCIAL ENTREPRENEURS AND OTHER CHANGEMAKERS LAUNCH NEW, (CONT. SCHEDULE O) INNOVATIVE SOCIAL CHANGE PROJECTS, PRIMARILY THROUGH FISCAL SPONSORSHIP. HOPEWELL IS DESIGNED TO FACILITATE RAPID AND EFFICIENT LAUNCHES OF WELL-RESOURCED PROJECTS WITH DIVERSE REVENUE & FUNDING MODELS, INCLUDING CHARITABLE CONTRIBUTIONS AND INVESTMENTS. MANY OF HOPEWELL'S PROJECTS EMPLOY BOLD AND AMBITIOUS STRATEGIES TO ACHIEVE THE IMPACT THEY SEEK. HOPEWELL IS MANAGED BY A BOARD OF DIRECTORS WITH EXPERIENCE IN STARTING UP INNOVATIVE ORGANIZATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY: HOPEWELL'S PORTFOLIO OF CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY FOCUS AREAS INCLUDE ADDRESSING INCOME INEQUALITY, IMPROVING CIVIC ENGAGEMENT AMONG TRADITIONALLY UNDERREPRESENTED GROUPS, AND ADVANCING STATE LEVEL ECONOMIC AND DEMOCRACY REFORMS.


HEALTH: HOPEWELL'S PORTFOLIO OF HEALTH FOCUS AREAS INCLUDES WOMEN'S HEALTH, HEALTHCARE ACCESS, AND REDUCING HEALTH DISPARITIES AND AVOIDABLE INFANT MORTALITY.


OTHER PROGRAM SERVICES INCLUDING TECHNOLOGY AND INNOVATION, INTERNATIONAL DEVELOPMENT AND FOREIGN AFFAIRS, AND YOUTH DEVELOPMENT AND EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arabella Advisors
Admin., Operations & Management Services
$7,096,705
The Movement Cooperative
Consulting Services
$3,818,521
Perkins Coie Llp
Legal Services
$8,319,596
Charles River Laboratories Inc
Research And Evaluation Services
$1,077,090
Elias Law Group Llp
Legal Services
$2,365,422
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$122,592,892
Noncash contributions included in lines 1a–1f $17,177,954
Total Revenue from Contributions, Gifts, Grants & Similar$122,592,892
Total Program Service Revenue$256,996
Investment income $138,029
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$12,827
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $123,385,939

Grants Awarded

Over the last fiscal year, Hopewell Fund has awarded $61,926,645 in support to 338 organizations.

Grant RecipientAmount

Washington, DC

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$3,522,500

SIXTEEN THIRTY FUND

Org PageRecipient Profile

Washington, DC

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$3,087,645

CENTER FOR TECHNOLOGY AND CIVIC LIFE

Org PageRecipient Profile

Chicago, IL

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$3,000,000

West Hollywood, CA

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$2,500,000

Norfolk, VA

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$2,400,324

INTERNATIONAL REFUGEE ASSISTANCE PROJECT INC

Org PageRecipient Profile

New York, NY

PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

$2,400,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 154 grants that Hopewell Fund has recieved totaling $57,478,689.

Awarding OrganizationAmount
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$6,118,707
Silicon Valley Community Foundation

Mountain View, CA

PURPOSE: General Nonprofit Support

$5,567,500
Foundation To Promote Open Society

New York, NY

PURPOSE: TO SUPPORT LITIGATION TO PREVENT VOTER DISENFRANCHISEMENT AND SUPPRESSION

$5,000,000
Rockefeller Philanthropy Advisors Inc

New York, NY

PURPOSE: GENERAL

$4,200,000
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$3,007,726
The Susan Thompson Buffett Foundation

Omaha, NE

PURPOSE: PROJECT SUPPORT

$3,003,636
View Grant Recipient Profile

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