Foundation For New Hope

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842380447 ✦ Greenville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Foundation For New Hope?

The Foundation for New Hope is a nonprofit organization that focuses on assisting minority college students in need of financial aid, recognizing their academic merit, leadership qualities, and commitment to community service. The foundation's mission extends beyond scholarly support, as it also contributes to the local communities by donating essential personal protective equipment. This holistic approach aims to empower both individuals and communities, fostering academic success and community resilience.

Is Foundation For New Hope legitimate?

Foundation For New Hope is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For New Hope submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Foundation For New Hope?

The Foundation for New Hope's mission is centered around assisting minority college students who demonstrate financial need, academic merit, leadership qualities, and a strong commitment to community service. The foundation's primary goal is to support these students in their educational pursuits. Additionally, the foundation extends its reach to the local communities by donating essential protective equipment.

Who is the CEO of Foundation For New Hope?

Unavailable

What is the revenue of Foundation For New Hope?

Foundation For New Hope's revenue in 2020 was $0.

Who are the executives of Foundation For New Hope and what are their salaries?


Here are 3 key members and their salaries:


Inkyeong Yoo (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Young Gyu Yoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian D Yoo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Foundation For New Hope?

Foundation For New Hope's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Foundation For New Hope

The Foundation for New Hope is an organization with a mission to aid minority college students in need of financial assistance, recognizing their academic merit and leadership qualities, as well as their commitment to service and community involvement. Beyond this, the Foundation also seeks to support local communities by donating personal protective equipment. This multi-faceted mission reflects the Foundation's dedication to empowering young leaders and uplifting its surrounding communities.

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Impact




October, 2024

Foundation For New Hope has a significant impact by empowering minority college students who face financial barriers. By providing scholarships based on financial need and academic merit, the Foundation fosters educational opportunities that might otherwise be out of reach. Additionally, it recognizes the importance of leadership qualities and a commitment to service, encouraging students to become active contributors to their communities.

In response to local needs, the Foundation also donates personal protective equipment, further supporting the health and safety of community members. Through these initiatives, it not only aids in the educational advancement of individuals but also strengthens the fabric of local communities in Greenville, NC.




This information is meant to be a general summary of Foundation For New Hope. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2020)
Expenses
$2,770 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

    Assets and Liabilities:

    • Total Assets: $3,375
    • Total Liabilities: $0
    • Net Assets: $3,375

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    Organization Details

    Main Address

    2306 CROOKED CREEK RD, GREENVILLE, NC, 27858

    NTEE Category

    Code: B40 - Education

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