Public Charity

FOSTERING HOPE FOUNDATION

FOSTERING HOPE FOUNDATION is a nonprofit organization categorized as Public Charity based in COLORADO SPRINGS, CO. Its most recent IRS filing (2024) reports revenue of $1.4M, expenses of $1.1M, total assets of $1.8M. Imperigo tracks 61 reported grant relationships connected to this organization totaling approximately $1.8M.

EIN: 261991807 COLORADO SPRINGS, CO Foster Care NTEE: P32 Latest filing: 2024
Total Revenue$1.4M
Total Expenses$1.1M
Total Assets$1.8M
Grant Records61
Funding Total$1.8M
Filing Years2019–2024

Mission

TO PROVIDE ASSISTANCE TO FOSTER FAMILIES BY ORGANIZING CHURCH BASED SUPPORT TEAMS.

Where $100 goes at Fostering Hope Foundation

How Fostering Hope Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$79 Programs the work itself
$7 Management running the organization
$14 Fundraising raising the next dollar

Inside the $79 for programs

$79
Fostering Hope Foundation now directly employs staff who work with the faith based organizations.In addition, the foundation works with foster children who are aging out of foster care…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Amy Salisbury-Werhane
Trustee Angela Colarelli Carron
Director Ben Schoch
Director Bill Johannsen
Executive Dir. Brian Newsome
Director Catania Jones

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$891,626 37 grants
Human & Social Services
$205,050 5 grants
Health & Medicine
$100,000 1 grant
Training & Professional Development
$89,500 1 grant
Youth Development
$44,700 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.4M $1.1M $1.8M
2023 $1.3M $928K $1.4M
2022 $887K $839K $1.1M
2020 $806K $618K $990K
2019 $677K $553K $721K

Between 2019 and 2024, reported annual revenue grew from $677K to $1.4M (+112%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FOSTERING HOPE FOUNDATION

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