Public Charity

NEW HOPE FOUNDATION

NEW HOPE FOUNDATION is a Public Charity headquartered in CULVER CITY, CA. Financial data from the 2024 filing: $1.2M revenue, $208K expenses, $1.9M total assets. IRS filings disclose 7 grants awarded by this foundation, totaling roughly $702K.

EIN: 854286681 CULVER CITY, CA Latest filing: 2024
Total Revenue$1.2M
Total Expenses$208K
Total Assets$1.9M
Grants Given7
Grant Total$702K
Filing Years2022–2024

Mission

NEW HOPE FOUNDATION WAS FOUNDED TO ENGAGE IN CHARITABLE ACTIVITIES WITHIN THE SCOPE OF THE INTERNAL REVENUE CODE SECTION 501(C)(3), INCLUDING BUT NOT LIMITED TO, TO SUPPORT AND ASSIST, AND TO MAKE GRANTS AND GIFTS IN AID AND SUPPORT AND ASSISTANCE TO ORPHANAGES, FOR RELIEF OF THE POOR OR DISTRESSED OR HOMELESS OR OF THE UNDERPRIVILEGED, AND FOR THE ADVANCEMENT OF EDUCATION AND SCIENCE; TO COLLECT AND RECEIVE CONTRIBUTIONS AND TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE PURPOSES OR OTHERWISE TO ASSIST CORPORATIONS, ORGANIZATIONS OR INSTITUTIONS CARRYING ON SUCH ACTIVITIES AS ARE CONSISTENT WITH THE PURPOSES OF APPLICANT.

Officers & Directors

PRESIDENT/DI Dariush Hosseini
DIRECTOR Gilbert Sanchez
CFO/DIRECTOR Jacob Rashti
VP/SECRETARY Nicole A Hosseini
BOARD CHAIR/ Ommid Ferdows

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$702,445 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $208K $1.9M
2023 $17K $253K $890K
2022 $300K $367K $1.1M

Between 2022 and 2024, reported annual revenue grew from $300K to $1.2M (+296%), with total assets most recently reported at $1.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in CA, NY, WA.

CANYWA

Full geographic grant map with state-by-state breakdown available with membership.

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