Bob And Dolores Hope Charitable Foundation
- Assets
- $75.2m
- Revenue
- $4.4m
- Investments
- $70.8m
- Employees
- 0
- Location
- Burbank, CA
- Founding
- 01/1962
- Data as of
- 12/2022
- EIN
- 95-6048629
Organization Overview
Bob And Dolores Hope Charitable Foundation is located in Burbank, CA. The organization was established in 1962. 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. Bob And Dolores Hope Charitable 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 12/2022, Bob And Dolores Hope Charitable Foundation generated $4.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $9.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bob And Dolores Hope Charitable Foundation has awarded 283 individual grants totaling $47,386,839. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATION OF A COLLECTION OF MEMORABILIA, PAPERS, PHOTOS , AWARDS, WARDROBES FROM SHOWS AND MANY THREE-DIMENSIONAL OBJECTS, I.E., STATUES SHOWCASING MEMORABLE MOMENTS FROM BOB HOPE'S LIFE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Hope Ceo/dir. | 5 | $15,000 | |
Anthony Montalto Pres./dir. | 35 | $490,000 | |
John Mcdonnell Sect'y/dir. | 5 | $15,000 | |
Ken Levy Vice President | 35 | $60,000 | |
John Peter Vice President | 35 | $70,000 | |
James Hardy Archivist | 35 | $91,240 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pkf O'connor Davies Llp | 12/30/15 | $178,537 |
Montalto Cpa Llc | 12/30/15 | $58,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,170 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,918,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$39,823 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $548,350 |
| Total Revenue | $4,427,518 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $650,000 |
| Other employee salaries and wages | $247,681 |
| Pension plans, employee benefits | $39,731 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $136,343 |
| Travel, conferences, and meetings | $78,435 |
| Printing and publications | $0 |
| Other expenses | $194,427 |
| Total operating and administrative expenses | $1,604,785 |
| Contributions, gifts, grants paid | $8,192,780 |
| Total expenses and disbursements | $9,797,565 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,079 |
| Savings and temporary cash investments | $3,740,987 |
| 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 | $74,489 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,029,380 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $558,193 |
| Total assets | $75,245,188 |
| Accounts payable and accrued expenses | $89,444 |
| Grants payable | $5,287,118 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $339,615 |
| Total liabilities | $5,716,177 |
Grants Awarded
Over the last fiscal year, Bob And Dolores Hope Charitable Foundation has awarded $9,242,780 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
LAMB OF GODFEEDING THE 5000 PURPOSE: 2022 THANKSGIVING MISSION | $10,000 |
THE NATIONAL WORLD WAR II MUSEUM PURPOSE: NATIONAL WORLD WAR II MUSEUM | $496,596 |
MONARCH SCHOOL PURPOSE: GENERAL SUPPORT | $350,000 |
WORLD GOLF HALL OF FAME PURPOSE: GENERAL SUPPORT | $25,000 |
REGIONAL AID FOR INTERIM NEEDS INC PURPOSE: GENERAL SUPPORT | $500,000 |
FOOD ON FOOT PURPOSE: GENERAL SUPPORT | $25,000 |