Logo for "FOSTERING HOPE FOUNDATION"

FOSTERING HOPE FOUNDATION

FOSTERING HOPE FOUNDATION

Colorado Springs, CO, US
501(c)3
EIN
26-1991807
Subordinate Organization
Logo for "FOSTERING HOPE FOUNDATION"

FOSTERING HOPE FOUNDATION

Colorado Springs, CO, US
501(c)3
EIN
26-1991807
Subordinate Organization

Overview

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Est.

2008

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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The Fostering Hope Foundation (EIN: 26-1991807) is a nonprofit organization dedicated to supporting foster families by organizing church-based support teams. With an operating budget of $1 million and total revenue of $1.4 million for the 2024 filing year, the foundation plays a vital role in the foster care sector. It does not rely on a single funder for 50% or more of its revenue, ensuring diverse support for its mission. More information can be found on their website at fosteringhopefoundation.org.

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

18

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

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, THE MYRON STRATTON HOME, and COLORADO SPRINGS HEALTH FOUNDATION. 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.
Overview
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