Overview

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Est.

2008

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

FOSTERING HOPE FOUNDATION is a foster care nonprofit focused on providing assistance to foster families by organizing church-based support teams. In filing year 2024, it reported an operating budget of $1M and total revenue of $1.4M, with major funding from PIKES PEAK COMMUNITY FOUNDATION, COLORADO SPRINGS HEALTH FOUNDATION, and THE MYRON STRATTON HOME.

Mission Statement

TO PROVIDE ASSISTANCE TO FOSTER FAMILIES BY ORGANIZING CHURCH BASED SUPPORT TEAMS.
Revenues
$1.4M
Expenses
$1.1M
Net Income:
+$346.8K
Assets
$1.8M
Liabilities
$38.3K
Net Assets:
+$1.8M
Operating Budget
$1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
20
Median grant size
$17.8K
Largest grant received
$100K
B
Brian Newsome
Board Member
S
Susan Presti
Board Member
K
Kenneth O'CONNOR
Board Member
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  • 55 funders
  • 52 board & team members
  • 12 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is FOSTERING HOPE FOUNDATION’s budget?
In 2024, FOSTERING HOPE FOUNDATION reported an annual operating budget of around $1 million. More detailed financial information is available to registered users.
What causes does FOSTERING HOPE FOUNDATION support?
FOSTERING HOPE FOUNDATION supports work in Foster care.
Where does FOSTERING HOPE FOUNDATION operate?
FOSTERING HOPE FOUNDATION is headquartered in Colorado Springs, CO.
Who funded FOSTERING HOPE FOUNDATION recently?
In 2025, FOSTERING HOPE FOUNDATION received grants from LUTHER T MCCAULEY CHARITABLE TRUST XXXXX3001, COLORADO SPRINGS HEALTH FOUNDATION, and THE MYRON STRATTON HOME. More information on this organization’s funders is available to registered users.
What is the largest grant FOSTERING HOPE FOUNDATION received in 2024?
The largest grant to FOSTERING HOPE FOUNDATION in 2024 exceeds $100 thousand.