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EIN 27-0523799

Growing Hope Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Owatonna
State
Minnesota
Year formed
2011
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Growing Hope Foundation is a private foundation located in Owatonna, MN that primarily funds their work with Ukrainian refugees. Their purpose is to use net rental income and management fees to support worthwhile charities locally and globally, including grantees such as Empower Tanzania and others. Last year, they made 10 grants while also supporting mentoring young people, supporting and assisting adoptive parents.
Total revenues
$83,752
2023
Total expenses
$94,309
2023
Total assets
$877,771
2023
Num. employees
0
2023

Program areas at Growing Hope Foundation

The net rental income and management fees are used to support worth- while charities both locally and globally. These charities are pre- selected in three distinct areas 1)education 2)clean water 3)nutrition.

Grants made by Growing Hope Foundation

GranteeGrant descriptionAmount
Exchange Club Center for Family UnityTo Help Them Remodel the Building Where Family Visits Are Held.$5,000
Better Futures MinnesotaHelp Guide Men To Choose A New Path - New Skills$3,500
Phyllis Wheatley Community CenterProvides Quality Programs in Life-Long Learning for Children, Youth, Adults, As Well As Family Services for the Diverse Greater Minneapolis Community.$1,400

Financials for Growing Hope Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$57,100
Investment income and dividends$503
Net rental income$23,201
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$83,752

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Data update history
May 21, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 20, 2024
Updated personnel
Identified 1 new personnel
June 15, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 13, 2023
Updated personnel
Identified 1 new personnel
June 12, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human servicesAgriculture
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 433
Owatonna, MN 55060
County
Steele County, MN
Website URL
growinghopefoundation.org/ 
Phone
(507) 402-5316
IRS details
EIN
27-0523799
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
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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