EIN 26-1991807

Fostering Hope Foundation

Name: Fostering Hope Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Colorado Springs

State

Colorado

Year formed

2008

Most recent tax filings

2023-12-01

NTEE code, primary

P31: Adoption

Description

The Fostering Hope Foundation organizes church based support teams to provide assistance to foster families. In collaboration with set ministry, inc in Milwaukee, Wisconsin, the foundation has implemented these teams without paying any fee to the agency in 20. Furthermore, the foundation now directly employs staff who work with faith based organizations.

Related structure

Fostering Hope Foundation is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).

Total revenues

$1,252,836

2023

Total expenses

$928,032

2023

Total assets

$1,439,336

2023

Num. employees

2023

Program areas at Fostering Hope Foundation

Fostering Hope Foundation now directly employs staff who work with the faith based organizations.

Who funds Fostering Hope Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Colorado Springs Health Foundation	2023-12	General Operating	$90,000
Pikes Peak Community Foundation (PPCF)	2023-12	HS: Human Services	$76,000
Pikes Peak United Way (PPUW)	2023-06	Operations Support	$37,337
...and 16 more grants received

Personnel at Fostering Hope Foundation

Name	Title	Compensation	Date of data
Brian Newsome	Executive Director		2024-11-24
Jennifer Wilson	Development Director		2024-11-24
Anne Haworth	Development and Communications Manager		2024-11-24
Gina Colarelli O'Connor	Trustee	$0	2023-11-09
Margaret A Colarelli	V.P and Director	$0	2015-12-31

Financials for Fostering Hope Foundation

Revenues	FYE 12/2023	FYE 12/2022	% Change
Total grants, contributions, etc.	$955,848	$742,809	28.7%
Program services	$32,381	$0	999%
Investment income and dividends	$78,511	$35,826	119.1%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$0	$0	-
Net income from fundraising events	$186,096	$108,044	72.2%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$0	-
Total revenues	$1,252,836	$886,679	41.3%

Form 990s for Fostering Hope Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-12	2024-11-10	990	View PDF
2022-12	2023-11-09	990	View PDF
2021-12	2022-11-14	990	View PDF
2020-12	2021-11-15	990	View PDF
2019-12	2021-04-02	990	View PDF
...and 9 more Form 990s

Organizations like Fostering Hope Foundation

Organization	Type	Location	Revenue
Catholic Charities of the Diocese of Greensburg	501(c)(3)	Greensburg, PA	$1,387,770
Catholic Social Services of Montana	501(c)(3)	Helena, MT	$550,716
Catholic Council for Social Concern Catholic Charities	501(c)(3)	Des Moines, IA	$5,516,501
St Joseph Home for Children	501(c)(3)	Jackson, MI	$2,217,346
Catholic Charities Terre Haute	501(c)(3)	Terre Haute, IN	$850,866
St Vincent Catholic Charities	501(c)(3)	Lansing, MI	$6,224,155
Catholic Charities of the Archdiocese of Dubuque	501(c)(3)	Dubuque, IA	$4,473,485
Catholic Charities of St Louis	501(c)(3)	Saint Louis, MO	$5,314,273
Vincentian Child Development Center	501(c)(3)	Pittsburgh, PA	$2,119,692
The Felician Sisters Child Care Centers	501(c)(3)	Livonia, MI	$4,293,776

Data update history

November 24, 2024

Updated personnel

Identified 7 new personnel

November 23, 2024

Received grants

Identified 6 new grant, including a grant for $90,000 from Colorado Springs Health Foundation

August 10, 2024

Received grants

Identified 3 new grant, including a grant for $37,337 from Pikes Peak United Way (PPUW)

August 9, 2024

Used new vendors

Identified 1 new vendor, including

May 18, 2024

Received grants

Identified 1 new grant, including a grant for $10,000 from Adolph Coors Foundation

Nonprofit Types

Human service organizationsYouth service charitiesChapter / child organizationsCharitiesChurches

Issues

Human servicesReligionChildren

Characteristics

ReligiousCatholicChristianFundraising eventsState / local levelCommunity engagement / volunteeringTax deductible donationsAccepts online donations

General information

Address: 111 S Tejon St Ste 112; Colorado Springs, CO 80903
Metro area: Colorado Springs, CO
County: El Paso County, CO
Website URL: fosteringhopefoundation.org/

IRS details

EIN: 26-1991807
Fiscal year end: December
Taxreturn type: Form 990
Year formed: 2008
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: P31: Adoption
NAICS code, primary: 813110: Religious Organizations
Parent/child status: Child within group exemption

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Fostering Hope Foundation

Program areas at Fostering Hope Foundation

Who funds Fostering Hope Foundation

Personnel at Fostering Hope Foundation

Financials for Fostering Hope Foundation

Form 990s for Fostering Hope Foundation

Organizations like Fostering Hope Foundation

Nonprofits

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