Hopewell Fund
Hopewell Fund
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About this organization
Mission
The Hopewell Fund is a 501(c)(3) public charity that specializes in helping donors, social entrepreneurs, and other changemakers quickly launch new, innovative social change projects.
About
The Hopewell Fund manages domestic and international initiatives aimed at advancing public good and achieving equity for all people. We provide fiscal sponsorship and project incubation services that enable donors to begin executing on their vision for social change without having to establish a new nonprofit. Hopewell also fiscally sponsors projects that exist as a legal entity and are ready to begin charitable work, but do not yet have nonprofit status. Hopewell is managed by experienced staff who provide streamlined operations, financial, and compliance oversight to minimize administrative burdens for project donors and staff. Established in 2015, Hopewell is tailored for changemakers who have a plan of action and need a nimble, quick-to-market platform for bold new initiatives. Hopewell’s staff has worked with most of the country’s leading foundations, and has experience across sectors such as domestic and global health, public policy, education, civic engagement, and civil rights.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “To help social/corporate entrepreneurs & other changemakers launch innovative social change projects. it's designed to facilitate rapid & efficient launches of well-resourced projects with diverse revenue & funding models, including charitable contributions & investments. many of hopewell's projects employ bold and ambitious strategies to achieve the impact they seek. hopewell is managed by a team of experts with experience in starting up innovative organizations. they provide streamlined operations and financial support and compliance oversight to minimize administrative burdens for project donors and staff.”.
When talking about its functions, they were outlined as: “The hopewell fund specializes in helping social/corporate entrepreneurs and other changemakers launch new, innovative social change projects. hopewell is designed to facilitate rapid & 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 team of experts with experience in starting up innovative organizations. they provide streamlined operations and financial support and compliance oversight to minimize administrative burdens for project donors and staff.”.
- The legally reported state of operation for the non-profit is DC.
- According to the filing, the non-profit's address in 2020 is 1201 CONNECTICUT AVENUE NW NO 300, WASHINGTON, DC, 20036.
- The non-profit organization as of 2020 has a total of 92 employees reported on their form.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$11,220,823.
- The organization has 2 independent voting members.
- The organization was formed in 2015.
- The organization pays $5,843,321 in salary, compensation, and benefits to its employees.
- The organization pays $100,830 in fundraising expenses.