HOPEWELL FUND

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Principal Officer

LEE BODNER

Phone

2026648763

Tax Period

2023-01-01 to 2023-12-31

HOPEWELL FUND, founded in 2015, is a major nonprofit in the Philanthropy & Grantmaking sector that reported $157.7M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE HOPEWELL FUND IS A 501(C)(3) NONPROFIT THAT USES FISCAL SPONSORSHIP AND CHARITABLE GRANT-MAKING TO SUPPORT DOMESTIC AND INTERNATIONAL INITIATIVES AIMED AT ADVANCING PUBLIC GOOD AND ACHIEVING EQUITY FOR ALL PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $101,431,299 Revenue: $107,122

CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY: HOPEWELL'S PORTFOLIO OF CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY FOCUS AREAS INCLUDE ADDRESSING INCOME INEQUALITY, IMPROVING CIVIC ENGAGEMENT AMONG...

CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY: HOPEWELL'S PORTFOLIO OF CIVIL RIGHTS, SOCIAL ACTION, AND ADVOCACY FOCUS AREAS INCLUDE ADDRESSING INCOME INEQUALITY, IMPROVING CIVIC ENGAGEMENT AMONG TRADITIONALLY UNDERREPRESENTED GROUPS, AND ADVANCING STATE LEVEL ECONOMIC AND DEMOCRACY REFORMS.

Program 2

Expenses: $34,681,289 Revenue: $12,156

HEALTH: HOPEWELL'S PORTFOLIO OF HEALTH FOCUS AREAS INCLUDES WOMEN'S HEALTH, HEALTHCARE ACCESS, AND REDUCING HEALTH DISPARITIES AND AVOIDABLE INFANT MORTALITY.

Program 3

Expenses: $3,880,636 Revenue: $61,448

TECHNOLOGY AND INNOVATION: HOPEWELL'S PORTFOLIO OF TECHNOLOGY AND INNOVATION AREAS INCLUDE EMPOWERING ORGANIZATIONS TO FOCUS ON THEIR MISSIONS EFFECTIVELY THROUGH THE USE OF TECHNOLOGY, IMPROVING...

TECHNOLOGY AND INNOVATION: HOPEWELL'S PORTFOLIO OF TECHNOLOGY AND INNOVATION AREAS INCLUDE EMPOWERING ORGANIZATIONS TO FOCUS ON THEIR MISSIONS EFFECTIVELY THROUGH THE USE OF TECHNOLOGY, IMPROVING CYBERSECURITY AND UPDATING TECHNOLOGY HARDWARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $152,170,198

Program Service Revenue $395,653

Investment Income $4,987,312

Other Revenue $156,253

TOTAL REVENUE $157,709,416

Expense Breakdown

Grants Paid $87,030,788

Salaries & Benefits $19,225,833

Fundraising Expenses $416,204

Program Expenses $148,807,466

Other Expenses $50,203,975

TOTAL EXPENSES $156,563,563

Year-over-Year Comparison

	2023	2022	Change
Revenue	$157,709,416	$178,097,921	-0.1%
Expenses	$156,563,563	$157,316,014	0.0%
Net Income	$1,145,853	$20,781,907	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✓ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

163

Volunteers

150

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✓ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$6,230

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
COURTNEY CUFF	PROJECT DIRECTOR	36.00	Highest	$297,920	$49,526	$347,446
SHARONA ROTH	PROJECT DIRECTOR	32.00	Highest	$245,599	$36,656	$282,255
MEAGAN CAVANAUGH	PROJECT DIRECTOR	40.00	Highest	$240,843	$33,937	$274,780
BONNIE JONES	PROJECT DIRECTOR	37.00	Highest	$229,363	$41,985	$271,348
JANET CREPPS HILLER	PROJECT DIRECTOR	40.00	Highest	$229,939	$35,572	$265,511
ANDREW SCHULZ	GENERAL COUNSEL	1.00	Officer	$6,230	$0	$6,230
LEE BODNER	BOARD CHAIR AND PRESIDENT	1.00	Officer Director	$0	$0	$0
CHERYL CONTEE	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
LORI CHATMAN	DIRECTOR (THROUGH 1/23/23)	1.00	Director	$0	$0	$0
MARISSA PADILLA	DIRECTOR	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$157,709,416	$156,563,563	$170,485,420	$1,145,853
2022	$178,097,921	$157,316,014	$176,857,021	$20,781,907
2021	$123,385,939	$122,053,314	$159,581,623	$1,332,625
2020	$152,371,332	$127,636,237	$160,094,021	$24,735,095
2019	$86,964,726	$107,689,308	$135,001,987	$-20,724,582
2018	$66,892,414	$78,113,237	$130,298,757	$-11,220,823