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Filing year 2024

NEW HOPE FOUNDATION

Muscatine, Iowa·EIN 42-1395902·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$1.3M
Total assets
$25.5M
Total expenses
$1.2M
Reported officers
11

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President
Board President
75th to 90th percentile
$214k
$230k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at NEW HOPE FOUNDATION equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
17%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$519k

Itemized grants

65

Median grant

$5k

RecipientLocationPurposeAmount
MARRIAGE ENCOUNTER SUPPORT FOUNDATIONMUSCATINE, IARELIGIOUS, EDUCATIONAL, CHARITABLE, PRO-MARRIAGE$30k
ALLIANCE DEFENDING FREEDOMSCOTTSDALE, AZRELIGOUS, CHARITABLE, HUMAN RIGHTS$28k
HOPE INTERNATIONALLANCASTER, PACHARITABLE, ECONOMIC DEVELOPMENT, FREE ENTERPRISE, HELP FOR THE POOR$28k
INTERNATIONAL JUSTICE MISSIONWASHINGTON, DCHUMAN RIGHTS, CHARITABLE$28k
BIBLE STUDY FELLOWSHIPSAN ANTONIO, TXRELIGIOUS, CHARITABLE, EDUCATIONAL$23k
DES MOINES CHRISTIAN SCHOOLURBANDALE, IARELIGIOUS, CHARITABLE OR EDUCATION PURPOSES$20k
SAINTS MARY AND MATHIAS CATHOLIC SCHOOLMUSCATINE, IARELIGIOUS, CHARITABLE, EDUCATIONAL$20k
MISSISSIPPI VALLEY FCAELDRIDGE, IARELIGIOUS, CHARITABLE, EDUCATIONAL, CHRISTIAN DISCIPLESHIP$18k
MATTHEW 25 MINISTRIESCINCINATI, OHINTERNATIONAL HUMANITARIAN AID AND DISASTER RELIEF$16k
INNERVISIONS HEALTHCAREWEST DES MOINES, IAPREGNANCY SUPPORT$15k
MUSCATINE COMMUNITY YMUSCATINE, IAEDUCATIONAL, CHARITABLE, YOUTH, HELP FOR THE POOR$15k
SPRING VALLEY BIBLE CAMPMUSCATINE, IACHARITABLE, EDUCATIONAL, RELIGIOUS$15k
THE SALVATION ARMYMUSCATINE, IACHARITABLE, RELIGIOUS, HELD FOR THE POOR$15k
SALT COMPANY AT CORNERSTONEAMES, IARELIGIOUS, CHARITABLE OR EDUCATIONAL$13k
ALPHA USANAPERVILLE, ILEDUCATIONAL, CHARITABLE$10k
THREE ROOTS INTERNATIONALFAIRFAX, VACHARITABLE, EDUCATIONAL, COMMUNITY DEVELOPMENT, HELP FOR THE POOR$10k
PREGNANCY RESOURCESDAVENPORT, IAPREGNANCY SUPPORT, EDUCATION, MEDICAL COUNSELING$9k
REBUILDING TOGETHER MUSCATINE COUNTY INCMUSCATINE, IAHELP TO REHABILITATE HOMES OF LOW INCOME HOMEOWNERS$9k
FLICKINGER LEARNING CENTERMUSCATINE, IAEDUCATIONAL$9k
BIRTHRIGHT OF BLACKHAWK COUNTYCEDAR FALLS, IACHARITABLE, PREGNANCY SUPPORT, SANCTITY OF LIFE$8k
HOUSE OF HOPECEDAR RAPIDS, IACHARITABLE, EDUCATIONAL, HELP FOR THE POOR$8k
JESUS MISSION CHURCHMUSCATINE, IARELIGIOUS, EDUCATIONAL, CHARITABLE, EVANGELISM, HELP FOR THE POOR$8k
RIVERBEND FOOD BANKDAVENPORT, IACHARITABLE, HELP FOR THE POOR$8k
SALT COMPANY AT MERCY HILL CHURCHCINCINATI, OHRELIGIOUS, CHARITABLE OR EDUCATIONAL$8k
WESLEYAN COVENANT ASSOCIATIONREYNOLDSBURG, OHRELIGIOUS, EDUCATIONAL$8k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 4%
from 2023

From $206k in 2023 to $214k in 2024.

$206k
2023
$214k
2024
In today's dollarsEst.
Up 1% in real terms$228k to $230k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 4% from 2023 to 2024, while revenue rose 25%.

$206k in 2023 to $214k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about NEW HOPE FOUNDATION

What does the Board President of NEW HOPE FOUNDATION earn?

In 2024, the Board President of NEW HOPE FOUNDATION received $213,649 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations nationwide, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at NEW HOPE FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide, the 2024 pay of the Board President at NEW HOPE FOUNDATION falls between the 75th and 90th percentiles. In 2024, the highest total compensation at NEW HOPE FOUNDATION equaled 17% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are NEW HOPE FOUNDATION's revenue and expenses?

In 2024, NEW HOPE FOUNDATION reported $1.3M in total revenue and $1.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.