Skip to content

California · Nonprofit

Hopelab Foundation Inc

Hopelab Foundation Inc (California) receives grants from 21 organizations whose IRS filings report $31,679,546 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($21,672,849). 8 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$26M
Funders on record
21
Grants received
$32M
Net assets
$23M
8/21 repeat funderspeak grant-dependency 91%
01What it does

What Hopelab Foundation Inc does

Programs

  1. INVESTMENT IN YOUNG LEADERS Hopelab believes youth leadership is not a risk but rather our biggest asset for change. Young people's lived experiences can shape policy, their stories drive strategy, and their vision challenges convention. The Young Innovators in Behavioral Health Awards, a program created in partnership with the Meadows Mental Health Policy Institute and Going Digital Behavioral Health Tech, continued into its second year. Recognizing 30 young leaders who have made significant contributions to the access, awareness, and advancement of digital mental health care in the U.S. Hopelab continued support of the Responsible Technology Youth Power Fund (RTYPF), in its second year, funding youth- and intergenerationally-led organizations and young leaders tasked with defining what responsible technology looks like for their communities while building solutions that shape a more equitable ecosystem.

    $4,415,114 spent
  2. SUPPORT OF TRANSLATIONAL RESEARCH Hopelab supported programmatic efforts for an inaugural cohort of six HBCU researchers to drive Black youth wellness initiatives. The HBCU Translational Science Fellowship is designed for research faculty and career researchers at Historically Black Colleges and Universities who have expertise in Black youth well-being and who have a goal of translating this research into practical approaches and solutions. In 2024, Hopelab launched the Early Career Research Grant, which provides access to youth well-being data and $10,000 for early-career researchers. Hopelab continued to incubate a program, the Purpose Commons, in partnership with Cornell University, focused on bridging the gap between the science of purpose and its practical application. It will launch in early 2025.

    $4,387,214 spent
  3. INVESTMENTSHopelab continues to expand its external investments initiative to invest in and partner with entrepreneurs, thought leaders, and innovators who are similarly committed to improving the health and well-being of Brown, Black, and Queer young people. This capability allowed for the flexibility to support both for-profit and nonprofit teams dedicated to scaling social impact. Hopelab's investment approach combines early-stage capital with expertise in research, design, youth co-creation, and payment models to support the development and adoption of better, more diverse, and accessible mental health and well-being solutions for young people. In 2024 Hopelab made direct equity or convertible equity investments in the following companies: Backpack Health, Flourish Health, InStride, Manatee, Mightier, ReflexAI, and Wayfinder. These investments expanded the portfolio to include organizations in the education, AI, and Medicaid spaces.

    $4,008,985 spent
  4. RESEARCHHopelab centers the voices of Black, Brown, and Queer young people communities most affected by mental health challenges. Through co-designed research, we amplify their experiences, affirm their humanity, and prioritize their well-being. We published the third installment of our National Survey tracking social media's role in youth mental health in partnership with Common Sense Media. Another report followed, focusing on a diverse sample of LGBTQ+ young people, examining parasocial relationships, AI chatbots, and joyful online interactions. We partnered with the Center for Digital Thriving to co-produce a case study, Demystifying Youth Engaged Research, which helps researchers take the first step to including young people in the co-creation process of their research.

    $2,277,400 spent

The 4 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($9.1M) Net assets 100 ($15M)2018 Revenue 118 ($14M) Expenses 118 ($11M) Net assets 119 ($18M)2019 Revenue 105 ($12M) Expenses 117 ($11M) Net assets 129 ($19M)2020 Revenue 157 ($18M) Expenses 132 ($12M) Net assets 173 ($25M)2021 Revenue 130 ($15M) Expenses 126 ($12M) Net assets 196 ($29M)2022 Revenue 97 ($11M) Expenses 134 ($12M) Net assets 189 ($28M)2023 Revenue 21 ($2.5M) Expenses 172 ($16M) Net assets 102 ($15M)2024 Revenue 228 ($26M) Expenses 192 ($18M) Net assets 159 ($23M)
'17'18'19'20'21'22'23'24
Revenue (228)Expenses (192)Net assets (159)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $30M to $19M (−38%).

$20M
$22M
$23M
$30M
$32M
$30M
$19M
$27M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Jeffrey R Alvord

Board Chair

As listed on its FY2024 Form 990-PF.

'17'18'19'20'21'22'23'24
Listed97778898
Joined·+0+0+1+1+1+1+0
No longer listed·2010101
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 10 funders, grant income rose $50k → $2.2M.

9 of 21 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 90% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Hopelab Foundation Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Hopelab Foundation Inc leans on a few funders — its largest provides 68% of grant income and the top three 88%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

91% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Hopelab Foundation Inc.

68%
largest funder
88%
top three
~2
effective funders

Largest funder’s share by year: 2020 100% · 2022 60% · 2023 56% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

90% of Hopelab Foundation Inc's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.1M that is directly attributable, 87% of it comes from funders outside California, across 9 states.

WA
IL
NY
NJ
CA
NC
DC
GA
TX

In-state vs out-of-state, by year

’22
’23
California out of state home

Funder states come from each funder’s own filing. $29M arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Hopelab Foundation Inc has grown faster than three-quarters of the 4,580 health nonprofits its size.

Months of reserve1.3mo · below the median
Revenue growth (annualized)12% · top quartile

this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024

Government funding Hopelab Foundation Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $100k on record.

Federal$100k
grants $0contracts $100k
17
18
19
20
Top agencies
  • Department of Veterans Affairs$100k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Hopelab Foundation Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for Hopelab Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Hopelab Foundation Inc?
Hopelab Foundation Inc (California) receives grants from 21 organizations whose IRS filings report $31,679,546 to it, the largest being VANGUARD CHARITABLE ENDOWMENT PROGRAM ($21,672,849). 8 of them have funded it in more than one year, and 90% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does Hopelab Foundation Inc have?
IRS filings report 21 organizations giving $31,679,546 in grants to Hopelab Foundation Inc, 8 of which have funded it in more than one year.
Who is the largest funder of Hopelab Foundation Inc?
VANGUARD CHARITABLE ENDOWMENT PROGRAM is the largest funder on record, with $21,672,849 in grants. The full list of funders is on this page.
How can an organization like Hopelab Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 21 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing