EIN 56-6246626

Foundation of Hope for Research and Treatment of Mental Illness

IRS 501(c) type
501(c)(3)
Num. employees
16
Year formed
1984
Most recent tax filings
2022-12-01
Description
Foundation of Hope invests in mental health research and initiatives to conquer mental illness. Supports UNC Psychiatry programs. Located in Raleigh, NC.
Total revenues
$2,733,837
2022
Total expenses
$1,298,968
2022
Total assets
$8,348,572
2022
Num. employees
16
2022

Program areas at Foundation of Hope for Research and Treatment of Mental Illness

A Mental health initiative grant was provided to unc psychiatry pediatric behavior clinic. Also, Research grants were provided to unc department of psychiatry for the following studies: dr. karen poulos & dr. amy ursano "unc psychiatry behavior clinic"dr. sara faccidomo "a novel glutamatergic mechanism for the Treatment of cocaine and opioid use disorders, and co-occuring anxiety"dr. hiroyuki kato "circuit-level investigation of global hypoconnectivity in the sensory neocortex of a mouse model for autism"dr. a. leslie morrow "biomarkers of systemic inflammation in alcohol use disorder"dr. juan carlos prieto "data driven brain shape analysis framework and explainable ai"dr. danielle swales "hormone flux and the emergence of irritability during pregnancy: investigating the trajectory and neurobiological correlates of an underrecognized mood state"dr. mengsen zhang / dr. tobias schwippel "network neuroscience of a novel brief internvention for stress and depression symptoms in college students"dr. margo nathan "the comorbidity of depression and cardiovascular disease in midlife women: investigating novel biological pathways of risk"dr. Rob mcclure "a pilot study of psilocybin-assisted therapy in treatment-resistant depression: acute changes, duration of effect and predictors of response"dr. eliza park "a web-based intervention to prove Mental health outcomes among newly diagnosed parents with cancer"dr. anthony zannas & dr. jose rodriguez-romaguera "a transitional approach to identify biomarkers of covid-19 related social stress in healthcare workers"
The Foundation's annual walk for Hope and other fundraisers raise funds for Mental Illness Research grants.
Research grant provided to unc department of psychiatry for the Foundation of Hope child and adolescent anxiety and mood disorders program (chaamp) which is intended to be a clinical Research program that will conduct cutting-edge translational Research to advance understanding and Treatment of child and adolescent anxiety and mood disorders, lead outcome improvements, and address care delivery for vulnerable children.

Grants made by Foundation of Hope for Research and Treatment of Mental Illness

GranteeGrant descriptionAmount
Unc Health FoundationResearch Grant Provided To Unc Department of Psychiatry for the Foundation of Hope Child and Adolescent Anxiety and Mood Disorders Program (Chaamp) Which Is Intended To Be A Clinical Research Program That Will Conduct Cutting-Edge Translational Research To Advance Understanding and Treatment of Child and Adolescent Anxiety and Mood Disorders, Lead Outcome Improvements, and Address Care Delivery for Vulnerable Children.$400,000

Who funds Foundation of Hope for Research and Treatment of Mental Illness

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Christian Foundation / Natl Christian Charitable FDN IncSupport$267,000
Winston Family FoundationTo Provide Program Support for Phase 2 of Chaamp Campaign$150,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$72,350
...and 23 more grants received totalling $740,160

Personnel at Foundation of Hope for Research and Treatment of Mental Illness

NameTitleCompensation
Shelley BelkExecutive Director$81,731
Jack NaftelInterim Treasurer / Board Member$0
Michael ZarzarVice - Chair$0
Sarah Wesley FoxChairman$0
Elizabeth SkvarlaSecretary$0
...and 3 more key personnel

Financials for Foundation of Hope for Research and Treatment of Mental Illness

RevenuesFYE 12/2022
Total grants, contributions, etc.$2,801,104
Program services$0
Investment income and dividends$112,857
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-83,091
Net income from fundraising events$-125,653
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$28,620
Total revenues$2,733,837

Form 990s for Foundation of Hope for Research and Treatment of Mental Illness

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-10990View PDF
2021-122022-11-09990View PDF
2020-122021-11-10990View PDF
2019-122021-02-18990View PDF
2018-122020-01-03990View PDF
...and 9 more Form 990s

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Dynamite Youth Center FoundationBrooklyn, NY$871,217
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Lung Cancer InitiativeRaleigh, NC$1,133,466
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 13, 2024
Updated personnel
Identified 1 new personnel
January 11, 2024
Updated personnel
Identified 2 new personnel
December 24, 2023
Received grants
Identified 5 new grant, including a grant for $267,000 from National Christian Foundation / Natl Christian Charitable FDN Inc
August 19, 2023
Received grants
Identified 15 new grant, including a grant for $273,000 from National Christian Foundation / Natl Christian Charitable FDN Inc
Nonprofit Types
Grantmaking organizationsDisease research fundraisersMental health organizationsCharities
Issues
HealthMental health
Characteristics
Provides grantsConducts researchFundraising eventsPeer-to-peer fundraisingState / local levelReceives government fundingCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
9401 Glenwood Ave
Raleigh, NC 27617
Metro area
Raleigh-Cary, NC
County
Wake County, NC
Website URL
walkforhope.com/ 
Phone
(919) 781-9255
IRS details
EIN
56-6246626
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
F80: Mental Health Association
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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