North Carolina · Nonprofit
HopeWay Foundation
HopeWay Foundation (North Carolina) receives grants from 100 organizations whose IRS filings report $14,502,837 to it, the largest being FOUNDATION FOR THE CAROLINAS ($4,249,304). 64 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $25M
- Funders on record
- 100
- Grants received
- $15M
- Net assets
- $29M
What HopeWay Foundation does
Mission
To broaden the scope of mental health care and education.
As stated on its FY2025 Form 990.
Program
HopeWay is an accredited North Carolina non-profit residential and day mental health treatment center for adults and teens HopeWay's continuum of care meets the needs of adults living with mental illness and their families with residential care and day treatment programs as well as after-care planning with a goal of helping clients live successfully and independently in the community.In 2018 HopeWay Foundation formed a wholly owned subsidiary, HopeWay Psychiatry & Associates, LLC. HopeWay Psychiatry provides mental health and other services to clients on an outpatient basis. It provides services to clients that do not have a current need for a higher level of care such as HopeWay Foundation's residential care and day treatment programs.
$19,399,376 spentof which $623,725 as grants$19,021,763 earned by the program100% of program spending
The program described on its FY2025 Form 990. Program spending in total: $19,399,376.
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.
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 $33M to $41M (+22%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 9% · 2021 7% · 2022 3% · 2023 1% · 2024 1% · 2025 9%. Grants only. Government contracts and fees sit inside program revenue.
21% of HopeWay Foundation’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.
reserve
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.
Chief executive
Alyson R Kuroski-Mazzei
CEO
Board chair
Michael F Elliott
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 17 funders to 45 funders, grant income rose $1.8M → $2.3M.
24 of 100 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 60% 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 HopeWay Foundation’s funders (the co-funder graph). Top 30 of 100 funders by total. 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
HopeWay Foundation has a broad base — no single funder exceeds 29% of grant income, and it takes 3 funders to reach half.
the vertical line marks half of all grant income — 3 funders to its left
74% 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 HopeWay Foundation.
Largest funder’s share by year: 2017 44% · 2018 36% · 2019 27% · 2020 26% · 2021 41% · 2022 21% · 2023 29% — 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.
How long its funders stay
45% of HopeWay Foundation's funders are still giving 3 years after their first grant; 64% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
60% of HopeWay Foundation'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 $5.8M that is directly attributable, 76% of it comes from North Carolina funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $8.7M arriving through sponsors registered in 16 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.
Against its field
HopeWay Foundation has grown faster than three-quarters of the 2,969 health nonprofits its size.
this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025
Organizations like HopeWay Foundation
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 North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
86% of spending goes to programs.
Governance
Public support
86%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 2 related entities
- HopeWay Psychiatry & Associates LLC · disregarded
- HopeWay Wellness LLC · disregarded
Screen this organization
A dated, signed PDF of the compliance screen for HopeWay Foundation: 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.
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 HopeWay Foundation?
- HopeWay Foundation (North Carolina) receives grants from 100 organizations whose IRS filings report $14,502,837 to it, the largest being FOUNDATION FOR THE CAROLINAS ($4,249,304). 64 of them have funded it in more than one year, and 60% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does HopeWay Foundation have?
- IRS filings report 100 organizations giving $14,502,837 in grants to HopeWay Foundation, 64 of which have funded it in more than one year.
- Who is the largest funder of HopeWay Foundation?
- FOUNDATION FOR THE CAROLINAS is the largest funder on record, with $4,249,304 in grants. The full list of funders is on this page.
- How can an organization like HopeWay Foundation find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds HopeWay →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 100 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 22, 2026. What this page cannot tell you · view filing