EIN 87-0790903

New Hope Research Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2007
Most recent tax filings
2024-06-01
NTEE code, primary
Description
The New Hope Research Foundation is a private foundation located in North Oaks, MN that primarily funds gene therapy medical research. Its purpose is to direct medical and scientific research and development on gene vectors and methods of gene delivery. Grantees of the foundation include Queen's University at Kingston, and it made one grant last year.
Total revenues
$737,058
2024
Total expenses
$691,731
2024
Total assets
$1,792,247
2024
Num. employees
0
2024

Program areas at New Hope Research Foundation

Directed medical Research - conducted medical and scientific Research and development on gene vectors and methods of gene delivery for gm2 gangliosidosis. The focus in the past year has been in preparing conducting and analyzing ind-enabling studies and vector manufacturing process development.
Vector creation and New technology development - the Foundation is developing novel technologies related to delivery of genes to the central nervous system for the treatment of lysosomal storage diseases. The Foundation has worldwide rights to key intellectual property and has submitted additional patent applications.
Education and communication for patients and families - the Foundation has maintained a website on lysosomal storage diseases and underlying mechanisms. The site explains the Research being conducted by the Foundation. The Foundation also supports the presentation of Research at medical conferences.
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Grants made by New Hope Research Foundation

GranteeGrant descriptionAmount
Queen's University at KingstonGene Therapy Research$0

Who funds New Hope Research Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Blackbaud Giving FundGeneral Support$23,783
Schwab Charitable FundHealth$13,000

Personnel at New Hope Research Foundation

NameTitleCompensation
John G KeimelChairman President$0

Financials for New Hope Research Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$369,420
Investment income and dividends$58,708
Net rental income$0
Net gain from sale of non-inventory assets$-3,692
Gross sales of inventory$0
Miscellaneous revenues$312,622
Total revenues$737,058

Form 990s for New Hope Research Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-10-29990PFView PDF
2023-062023-11-09990PFView PDF
2022-062023-05-15990PFView PDF
2022-062022-11-09990PFView PDF
2021-062021-11-15990PFView PDF
...and 9 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $23,783 from The Blackbaud Giving Fund
January 14, 2024
Posted financials
Added Form 990PF for fiscal year 2023
January 1, 2024
Received grants
Identified 1 new grant, including a grant for $5,000 from Bakken Family WRC Foundation
October 23, 2023
Received grants
Identified 1 new grant, including a grant for $46,610 from The Blackbaud Giving Fund
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2022
Nonprofit Types
Private foundationsPrivate operating foundationsCharities
Issues
HealthMental health
Characteristics
Partially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
6 Charley Lake CT
North Oaks, MN 55127
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Ramsey County, MN
Website URL
newhoperesearch.org/financial/ 
IRS details
EIN
87-0790903
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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