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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 64-0851798

Hope Enterprise Corporation

JACKSON, MSNTEE: S20Founded 1993Website

mission statement

Strengthen financial health of people in under-resourced deep south communities

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Total Revenue

$46.0M

FY 2024

Program Spending

70.5%

of total expenses

Known Funders

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$165.5M

Total Assets

$63.6M net

27.83 mo

Operating Reserves

FY 2024

+142%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 48 Institutional Funders

$97.7M raised across 110 grants · +$9.7M committed (2019–2024 filings)

Funder Geography

Funders across 19 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
The Chicago Community Trust	CHICAGO, IL	$38,200,000
Silicon Valley Community Foundation	Mountain View, CA	$21,807,600
The Ford Foundation	New York, NY	$8,000,000 +$8,000,000 committed
W K Kellogg Foundation	Battle Creek, MI	$5,946,930 +$1,422,243 committed
The Goldman Sachs Foundation	NEW YORK, NY	$5,028,130 +$297,000 committed
Neighborhood Reinvestment Corporation	WASHINGTON, DC	$3,375,000
Federation of Appalachian Housing Enterprises Inc	BEREA, KY	$2,598,034
Enterprise Community Partners Inc	COLUMBIA, MD	$2,252,000
The David and Lucile Packard Foundation	LOS ALTOS, CA	$1,500,000
The Robert Wood Johnson Foundation	PRINCETON, NJ	$1,370,457

Total tracked: $97,732,197 across 110 grants · +$9,744,243 committed across 8 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$9.8M in expenses

Community development financial institution specializing in community infrastructure lending to education and health care facilities, healthy food access providers, affordable housing, and lending to small and medium sized businesses.

$8.3M in expenses

Regional development of systems to increase ownership, entrepreneurship, and community infrastructure development by expanding access to capital and advisory services.

$851K in expenses

Housing initiative provides finance for affordable housing to families.

$420K in expenses

Technical assistance to small and medium sized manufacturing and service businesses in the area of management consulting and in the areas of improvements of processes and systems.

Financial History