EIN 32-0360887

Hope Advancement

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2011
Most recent tax filings
2023-12-01
Description
Hope Advancement holds, develops, and manages investments in microenterprise development organizations to advance the charitable objectives of Hope International. Its programs support Hope International through operational and financial assistance.
Related structure
Hope Advancement is a subordinate organization under Hope International.
Total revenues
$12,671,460
2023
Total expenses
$1,503,000
2023
Total assets
$31,990,859
2023
Num. employees
0
2023

Program areas at Hope Advancement

Support Hope international by providing operational and financial support.

Grants made by Hope Advancement

GranteeGrant descriptionAmount
International Generosity Foundation TrustFor Organization's Buyout of World Relief's Shares in Turame.$517,606
Hope InternationalTo Assist With the Organization's Operations$134,552

Who funds Hope Advancement

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Hope InternationalTo Infuse Capital in Microenterprise Operations.$12,322,317

Personnel at Hope Advancement

NameTitleCompensation
Christine BainganaChief Executive Officer , Urwego Bank
Peter GreerPresident and Chief Executive Officer$0
Jesse CaslerChief Operating Officer$0
Claire BrosiusDirector of Strategic Initiatives
Christophe BimenyimanaCountry Director , Hope Burundi
...and 2 more key personnel

Financials for Hope Advancement

RevenuesFYE 12/2023
Total grants, contributions, etc.$12,322,317
Program services$0
Investment income and dividends$226,372
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$122,771
Total revenues$12,671,460

Form 990s for Hope Advancement

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-16990View PDF
2022-122023-09-22990View PDF
2021-122022-09-21990View PDF
2020-122021-09-14990View PDF
2019-122020-11-05990View PDF
...and 8 more Form 990s
Data update history
November 26, 2023
Received grants
Identified 1 new grant, including a grant for $8,471,016 from Hope International
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2020
May 10, 2023
Received grants
Identified 1 new grant, including a grant for $9,763,547 from Hope International
Nonprofit Types
Grantmaking organizationsChapter / child organizationsCharities
Issues
Religion
Characteristics
ReligiousOperates internationallyTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
227 Granite Run Dr Suite 250
Lancaster, PA 17601
Metro area
Lancaster, PA
County
Lancaster County, PA
Website URL
hopeinternational.org/ 
Phone
(717) 464-3220
IRS details
EIN
32-0360887
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
X01: Religion-Related Alliances and Advocacy
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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