Minnesota · Nonprofit
NEW HOPE RESEARCH FOUNDATION INC
NEW HOPE RESEARCH FOUNDATION INC (Minnesota) receives grants from 6 organizations whose IRS filings report $589,660 to it, the largest being THE BLACKBAUD GIVING FUND ($197,253). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $3.4M
- Funders on record
- 6
- Grants received
- $590k
- Net assets
- $4.5M
What New Hope Research Foundation Inc does
Programs
Directed Medical Research - Conducted medical and scientific research and development on gene vectors and methods of gene delivery for GM2 gangliosidosis. The focus in the past year has been in preparing conducting and analyzing IND-enabling studies and vector manufacturing process development.
$588,407 spentVector Creation and New Technology Development - The Foundation is developing novel technologies related to delivery of genes to the central nervous system for the treatment of lysosomal storage diseases. The Foundation has worldwide rights to key intellectual property and has submitted additional patent applications.
$10,688 spentEducation and Communication for Patients and Families - The Foundation has maintained a website on lysosomal storage diseases and underlying mechanisms. The site explains the research being conducted by the Foundation. The Foundation also supports the presentation of research at medical conferences.
$366 spentMedical Research and Development Project Management - The Foundation has developed a master plan for medical research on gene therapies for lysosomal storage diseases conducted reviews of proposed research coordinated research being conducted at research institutes and participated in result reviews.
$0 spent
The 4 programs described on its FY2024 Form 990-PF.
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 2024 to 2025, from $1.8M to $4.5M (+150%).
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
John G Keimel
Chair President
As listed on its FY2025 Form 990-PF.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $15k → $37k.
5 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% 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 HOPE RESEARCH 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
NEW HOPE RESEARCH FOUNDATION INC leans on a few funders — its largest provides 33% of grant income and the top three 86%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
99% 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 HOPE RESEARCH FOUNDATION INC.
Largest funder’s share by year: 2017 100% · 2018 69% · 2019 88% · 2020 81% · 2021 62% · 2022 50% · 2023 65% — 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
99% of NEW HOPE RESEARCH 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 $5k that is directly attributable, 100% of it comes from Minnesota funders.
Funder states come from each funder’s own filing. $585k arriving through sponsors registered in 5 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 HOPE RESEARCH FOUNDATION INC holds deeper cash reserves than three-quarters of the 5,002 health nonprofits its size.
this organization peer median middle 50% of peers· 5,002 health nonprofits $1M–$10M, FY2025
Organizations like NEW HOPE RESEARCH 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 Minnesota
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Screen this organization
A dated, signed PDF of the compliance screen for NEW HOPE RESEARCH 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.
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 HOPE RESEARCH FOUNDATION INC?
- NEW HOPE RESEARCH FOUNDATION INC (Minnesota) receives grants from 6 organizations whose IRS filings report $589,660 to it, the largest being THE BLACKBAUD GIVING FUND ($197,253). 3 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NEW HOPE RESEARCH FOUNDATION INC have?
- IRS filings report 6 organizations giving $589,660 in grants to NEW HOPE RESEARCH FOUNDATION INC, 3 of which have funded it in more than one year.
- Who is the largest funder of NEW HOPE RESEARCH FOUNDATION INC?
- THE BLACKBAUD GIVING FUND is the largest funder on record, with $197,253 in grants. The full list of funders is on this page.
- How can an organization like NEW HOPE RESEARCH FOUNDATION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. 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 FY2025 (financials across 2021–2025), and the filings of 6 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