Mission
TO CONQUER MENTAL ILLNESS BY INVESTING IN GROUNDBREAKING SCIENTIFIC RESEARCH AND MENTAL HEALTH INITIATIVES.
Public Charity
FOUNDATION OF HOPE FOR RESEARCH AND TREATMENT OF MENTAL ILLNESS
Based in RALEIGH, NC, FOUNDATION OF HOPE FOR RESEARCH AND TREATMENT OF MENTAL ILLNESS operates as a Public Charity. The organization reported $3.3M in revenue, $2.3M in expenses, $11.6M in total assets for fiscal year 2024. Imperigo tracks 70 reported grant relationships connected to this organization totaling approximately $2.3M.
EIN: 566246626
RALEIGH, NC
Latest filing: 2024
Total Revenue$3.3M
Total Expenses$2.3M
Total Assets$11.6M
Grant Records70
Funding Total$2.3M
Filing Years2019–2024
Where $100 goes at Foundation of Hope for Research and Treatment of Mental Illness
How Foundation of Hope for Research and Treatment of Mental Illness divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$69
Programs
the work itself
$11
Management
running the organization
$20
Fundraising
raising the next dollar
Inside the $69 for programs
$36
Mental health initiative grant funds and research grant funds were provided to unc department of psychiatry for the following studies:dr
$20
Foundation of hope child and adolescent anxiety and mood disorders program (chaamp) research grant funds were provided to the unc department of psychiatry
$13
The foundation's annual walk for hope and other fundraisers raise funds for mental illness research grants
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.
Sample Grants Received
$60,000
For grant recipient's exempt purposes
$155,000
TO SUPPORT THE ORGANIZATION'S STATED MISSION
$105,000
CHARITABLE
$53,360
$33,300
Showing up to 5 of 70 total records — full history available with membership.
Officers & Directors
BOARD MEMBER (TO JUN '24)
Asa Cordle Md
BOARD MEMBER
Dana Boole
BOARD MEMBER
David Rubinow Md
BOARD MEMBER
Easter Maynard
BOARD MEMBER
Elizabeth Cox Md
SECRETARY
Elizabeth Skvarla
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.3M | $2.3M | $11.6M |
| 2023 | $3.4M | $1.8M | $10.2M |
| 2022 | $2.7M | $1.3M | $8.3M |
| 2020 | $1.0M | $891K | $6.6M |
| 2019 | $1.6M | $1.3M | $5.7M |
Between 2019 and 2024, reported annual revenue grew from $1.6M to $3.3M (+107%), with total assets most recently reported at $11.6M.
Interactive year-over-year charts and full filing details available with membership.