The Gift Of Hope Foundation Inc

Organization Overview

The Gift Of Hope Foundation Inc is located in Roswell, GA. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Gift Of Hope Foundation Inc 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, Gift Of Hope Foundation Inc generated $8.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $5.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Gift Of Hope Foundation Inc has awarded 185 individual grants totaling $21,496,956. 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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wells Fargo
$134,484
Truist
$33,084
Bennett Thrasher
$65,975
Morgan Stanley
$54,593
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $92,901
Dividends & Interest $771,532
Net Rental Income$3,000,000
Net Gain on Sale of Assets $4,576,135
Capital Gain Net Income $4,576,135
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $8,440,568

Grants Awarded

Over the last fiscal year, The Gift Of Hope Foundation Inc has awarded $4,099,500 in support to 31 organizations.

Grant RecipientAmount

MERCY CARE FOUNDATION

PURPOSE: GENERAL PURPOSE FUND

$1,877,410

MARY HALL FREEDOM HOUSE

PURPOSE: GENERAL PURPOSE FUND

$875,000

LOA SCHOLARSHIP FUND

Org PageRecipient Profile

Teasdale, UT

PURPOSE: GENERAL PURPOSE FUND

$415,375

CRISTO REY ATLANTA JESUIT SCHOOL

Org PageRecipient Profile

Atlanta, GA

PURPOSE: GENERAL PURPOSE FUND

$335,338

ST CHRISTOPHER INN

Org PageRecipient Profile

Garrison, NY

PURPOSE: GENERAL PURPOSE FUND

$175,344

COURAGE FOR LIFE

PURPOSE: GENERAL PURPOSE FUND

$85,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Gift Of Hope Foundation Inc has recieved totaling $1,000,000.

Awarding OrganizationAmount
Ridgeview Institute Inc

Roswell, GA

PURPOSE: PROVIDE HOPE FOR THOSE SUFFERING, PARTICULARLY SUFFERING FROM MENTAL ILLNESS OR ADDICTION

$1,000,000
View Grant Recipient Profile

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