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Hopewell Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473681860 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Hopewell Fund?

The Hopewell Fund is a Washington, D.C.-based 501(c)(3) nonprofit organization that supports social entrepreneurs and changemakers in launching innovative projects focused on civil rights, social action, and advocacy. Their mission encompasses addressing income inequality, improving civic engagement among underrepresented groups, and advancing state-level economic and democracy reforms. Hopewell provides fiscal sponsorship, enabling well-resourced projects with diverse revenue and funding models, including charitable contributions and investments. Their board of directors, experienced in starting up innovative organizations, facilitates rapid and efficient project launches. The Hopewell Fund's purpose is to use fiscal sponsorship and charitable grant-making to support domestic and international initiatives aimed at advancing public good and equity for all people.


Official website here: www.hopewellfund.org

Is Hopewell Fund legitimate?

Hopewell Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopewell Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $27,975
Professional Fundraising Fees: $336,600
Other Salaries and Wages: $12,091,523

For more financial information, click here


Official website here: www.hopewellfund.org

What is the mission statement of Hopewell Fund?

The Hopewell Fund is a 501(c)(3) nonprofit organization that uses fiscal sponsorship and charitable grant-making to support initiatives aimed at promoting public good and equity for all people. Through its fiscal sponsorship program, Hopewell facilitates the launch of innovative social change projects, primarily those with diverse revenue and funding models. The organization's mission extends to both domestic and international endeavors, with a focus on civil rights, social action, and advocacy. Specific areas of concentration include addressing income inequality, improving civic engagement among underrepresented groups, and advancing economic and democracy reforms at the state level.


Official website here: www.hopewellfund.org

Who is the CEO of Hopewell Fund?

Lee Bodner is the Board Chair of Hopewell Fund.


Official website here: www.hopewellfund.org

What is the revenue of Hopewell Fund?

Hopewell Fund's revenue in 2022 was $178,097,921.


Official website here: www.hopewellfund.org

Who are the executives of Hopewell Fund and what are their salaries?

The average compensation at Hopewell Fund during 2022 was $87,191. There are 139 employees and 82 volunteers at Hopewell Fund.

Here are 10 key members and their salaries:

    Courtney Cuff (Project Director)
  • Compensation: $236,417
  • Related: $0
  • Other: $32,038

    • Bonnie Jones (Project Director)
  • Compensation: $233,250
  • Related: $0
  • Other: $31,937

    • Meagan Cavanaugh (Project Director)
  • Compensation: $228,241
  • Related: $0
  • Other: $31,637

    • Janet Crepps Hiller (Project Director)
  • Compensation: $222,201
  • Related: $0
  • Other: $31,917

    • Melanie Gelling Zurek (Project Director)
  • Compensation: $212,745
  • Related: $0
  • Other: $32,297

    • Andrew Schulz (General Counsel)
  • Compensation: $27,975
  • Related: $0
  • Other: $0

    • Lee Bodner (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Slaby (Secretary & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Chatman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cheryl Contee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hopewellfund.org

    Where can I find the form 990 for Hopewell Fund?

    The Hopewell Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hopewellfund.org

    Learn more at the official website: www.hopewellfund.org

    Mission Statement of Hopewell Fund

    The Hopewell Fund is a 501(c)(3) nonprofit organization that plays a pivotal role in facilitating the launch of innovative social change projects led by social entrepreneurs and changemakers. Through fiscal sponsorship and charitable grant-making, Hopewell supports domestic and international initiatives aimed at advancing public good and promoting equity for all people.

    The Hopewell Fund's mission is to empower changemakers by providing essential resources and support to launch well-funded projects. The organization's board of directors, consisting of individuals with extensive experience in starting up innovative organizations, oversees the launch process. Hopewell's approach allows for rapid and efficient launches and embraces diverse revenue and funding models, including charitable contributions and investments.

    Hopewell's portfolio focuses on various social justice issues, with a notable emphasis on civil rights, social action, and advocacy. These areas of focus include addressing income inequality, improving civic engagement among underrepresented groups, and advancing state-level economic and democracy reforms. By providing resources and support to projects in these areas, the Hopewell Fund enables positive change and empowers communities to create lasting impact.

    Impact

    This information is meant to be a general summary of Hopewell Fund. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Hopewell Fund's impact lies in supporting social entrepreneurs and changemakers to launch innovative projects aimed at addressing income inequality, improving civic engagement among underrepresented groups, and advancing economic and democracy reforms at the state level. By providing fiscal sponsorship and charitable grant-making, Hopewell Fund facilitates the rapid and efficient launch of projects with diverse revenue and funding models. Many of the projects under Hopewell Fund's umbrella employ bold and ambitious strategies to achieve the impact they seek, all under the guidance of a board of directors experienced in starting innovative organizations. Hopewell Fund's work in civil rights, social action, and advocacy contributes to advancing the public good and striving for equity for all people.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,866,642
  • Program Service Revenue: $790,032
  • Gross Receipts: $200,327,802

    • Assets and Liabilities:
  • Total Assets: $176,857,021
  • Total Liabilities: $24,799,301
  • Net Assets: $152,057,720
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONSULTING REVENUE

    Revenue

    $668,802

    DUES REVENUE

    Revenue

    $86,950

    SPONSORSHIPS REVENUE

    Revenue

    $16,758

    PRI INTEREST INCOME

    Revenue

    $11,967

    REGISTRATION REVENUE

    Revenue

    $5,555

    Organization Details

    Founding Year

    2015

    Principal Officer

    Lee Bodner

    Main Address

    1828 L STREET NW 300-D, WASHINGTON, DC, 20036

    NTEE Category

    Code: X20 - Religion related

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