Illinois · Nonprofit
New Foundation of Hope
New Foundation of Hope (Illinois) receives grants from 16 organizations whose IRS filings report $957,090 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($219,807). 13 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2023
- $749k
- Funders on record
- 16
- Grants received
- $957k
- Net assets
- $19k
What New Foundation of Hope does
Mission
The mission of New Foundation of Hope is to provide a safe alternative for youth between the ages of 7-18 years while bridging the gap between the end of the school day and the end of the work for parents.
As stated on its FY2023 Form 990.
Program
After school and summer educational enrichment programs include mentoring and compuet skills
The program described on its FY2023 Form 990.
The organization over time
Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 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 2021 to 2022, from $8k to $20k (+147%).
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: 2022 13% · 2023 23%. Grants only. Government contracts and fees sit inside program revenue.
31% of New Foundation of Hope’s revenue is contributions — about as donation-reliant as the typical peer (83% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 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
Ron Mason
Exec Director
As listed on its FY2023 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 8 funders, grant income rose $13k → $139k.
6 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 70% 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 New Foundation of Hope’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
New Foundation of Hope has a broad base — no single funder exceeds 23% 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
70% 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 New Foundation of Hope.
Largest funder’s share by year: 2017 85% · 2018 46% · 2019 31% · 2020 30% · 2021 36% · 2022 32% · 2023 27% — 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
88% of New Foundation of Hope's funders are still giving 3 years after their first grant; 81% 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
70% of New Foundation of Hope'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 $287k that is directly attributable, 55% of it comes from funders outside Illinois, across 4 states.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $671k 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.
Against its field
New Foundation of Hope has grown faster than three-quarters of the 5,457 youth development nonprofits its size.
this organization peer median middle 50% of peers· 5,457 youth development nonprofits $100k–$1M, FY2023
Organizations like New Foundation of Hope
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 Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Public support
100%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for New Foundation of Hope: 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 New Foundation of Hope?
- New Foundation of Hope (Illinois) receives grants from 16 organizations whose IRS filings report $957,090 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($219,807). 13 of them have funded it in more than one year, and 70% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does New Foundation of Hope have?
- IRS filings report 16 organizations giving $957,090 in grants to New Foundation of Hope, 13 of which have funded it in more than one year.
- Who is the largest funder of New Foundation of Hope?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $219,807 in grants. The full list of funders is on this page.
- How can an organization like New Foundation of Hope find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. 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 New Foundation of Hope →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2023 (financials across 2021–2023), and the filings of 16 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