NonprofitsBold Hope Inc

International, Foreign Affairs & National Security

Bold Hope Inc

DOYLESTOWN, PA

Total revenue

$2.4M

Total expenses

$2.6M

Net assets

$833K

Grants received

$788K

52 grants

EIN

271895442

Tax year

2023

Mission

Bold hope exists to inspire hope by connecting and empowering people to transform lives worldwide. We initiate connection through service and sponsorship - collaborating to support god's work in order to impact lives globally. We come alongside local ministry partners to provide support for the good work already being accomplished, tackling each physical and emotional need that presents itself while sharing the gospel. A focus on disciple-making is paramount; without a saving knowledge of jesus christ, there can be no real hope despite improved circumstances.

Programs

2 programs

Family development programwe have transitioned from a child development program to a family development program. This transition to a more holistic ministry approach was born out of the belief that behind every child is a family, and behind that family is a community. In a broader view, it becomes clear that brokenness in a community and brokenness in a family affects the most vulnerable piece of any society - the child. Our family development program continues to exist to meet daily needs that would otherwise go unmet. The means through which we accomplish this is child sponsorship. In many countries, families are unable to provide for their children financially, which in turn makes them susceptible to separation or exploitation. Our desire is to keep families together by supporting important efforts already being made in vulnerable communities or facilitating our own family development programs in some locations. Our sponsorship programs provide families in high-risk populations with basic necessities including items such as clean water, food, medical attention, shelter, clothing, education, protection, and spiritual development.

Expenses: $741K

Events/fundraising campaignsour fundraising efforts in fiscal year 2024 allowed us to continue to expand our reach around the world. The money raised through various events and fundraising campaigns was used to increase the effectiveness of our family development program, including development and educational work in belize. Some of the funds were used to purchase a new vehicle, start a sustainable goat project, expand the professional/vocational school and savings program in haiti. We also held a special campaign for haiti that helped reinforce safety and security. In the dominican republic we were able to continue construction on phase 1 of the autovia community center and were able to hire two additional staff members to support our programs. We are also able to fund the shortfall in belize which was underfunded in both program and administrative costs. Additionally, fundraising helps offset our ongoing administrative needs globally.

Financials

FY 2023

Revenue

Contributions & grants$2.2M
Program service revenue
Investment income$650
Other revenue$147K
Total revenue$2.4M

Expenses

Grants paid
Salaries & benefits$1.2M
Fundraising$96K
Other expenses$1.4M
Total expenses$2.6M
Total assets$1.1M
Net assets$833K

People

16 listed

NameRoleCompensation

MATTHEW JONES

MANAGING DIRECTOR

Board

$109K

40 hrs/wk

ANDREW JONES

EXECUTIVE DIRECTOR

Board

$109K

40 hrs/wk

JEFF HIRSCHOFF

CHAIRMAN

Board

1 hrs/wk

RICHARD B MILLHAM JR

BOARD MEMBER

Board

1 hrs/wk

ZUBIN WHITE

BOARD MEMBER (TO 12.31.23)

Board

1 hrs/wk

MARK WHITE

BOARD MEMBER

Board

1 hrs/wk

COURTNEY OLSON

BOARD MEMBER

Board

1 hrs/wk

CHRISTOPHER RAMSDELL

VICE CHAIRMAN

Board

1 hrs/wk

SARAH CORNWELL

SECRETARY (FROM 01.08.24)

Board

1 hrs/wk

RICHARD TERRY

BOARD MEMBER

Board

1 hrs/wk

RACHEL MILLER

SECRETARY (TO 01.08.24)

Board

0

ALBERT BRUCE

TREASURER (TO 12.31.24)

Board

1 hrs/wk

SCOTT GRIFFITH

BOARD MEMBER

Board

1 hrs/wk

KARIN LEAVER

BOARD MEMBER

Board

1 hrs/wk

BRIAN JONES

BOARD MEMBER

Board

1 hrs/wk

CHRISTOPHER DAUGAARD

MARKETING&WEBSITE SPECIALIST

Staff

$101K

40 hrs/wk

Grants received

Showing 52 of 52

FromAmountPurposeYear
$12K
Charitable Event
2024
$5K
Haiti Emergency Fund
2024
$558
MATCHING GIFTS
2024
$500
Charitable Event
2024
$29K
CHARITABLE DONATION
2023
$25K
CHRISTIAN MINISTRY
2023
$21K
For grant recipient's exempt purposes
2023
$16K
GENERAL FUNDING
2023
$11K
Denim and Diamond Gala Auction
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$8K
GENERAL SUPPORT
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$5K
Charitable Event
2023
$614
EMPLOYEE GIVING PROGRAM
2023
$540
OPERATIONS
2023
$250
EMPLOYEE GIVING PROGRAM
2023
$205
MATCHING GIFTS
2023
$30K
CHRISTIAN MINISTRY
2022
$26K
For grant recipient's exempt purposes
2022
$19K
PUBLIC, SOCIETAL BENEFIT
2022
$14K
GENERAL SUPPORT
2022
$12K
CHARITABLE DONATION
2022
$9K
GENERAL FUNDING
2022
$3K
MATCHING GIFTS
2022
$540
OPERATIONS
2022
$35
VOLUNTEER PROGRAM
2022
$30K
CHRISTIAN MINISTRY
2021
$30K
CHRISTIAN MINISTRY
2021
$28K
GENERAL SUPPORT
2021
$13K
For grant recipient's exempt purposes
2021
$13K
For grant recipient's exempt purposes
2021
$12K
CHARITABLE DONATION
2021
$10K
For recipient's exempt purpose
2021
$10K
GENERAL FUNDING
2021
$10K
EMPLOYEE GIVING PROGRAM
2021
$606
EMPLOYEE GIVING PROGRAM
2021
$540
OPERATIONS
2021
$54K
GENERAL SUPPORT
2020
$31K
CHRISTIAN MINISTRY
2020
$11K
CHARITABLE DONATION
2020
$500
GENERAL EXEMPT PURPOSE
2020
$450
MIP PAYOUT FOR 05/13/20
2020
$75K
GENERAL SUPPORT
2019
$14K
Global healthcare
2019
$1K
Student Missions Fund
2019
$91K
VARIOUS
2018
$35K
Global healthcare
2018

Funded by

$788K from 16 funders · 52 grants · 2018–2024

Pure Inc

$271K · 6 grants · 2018–2023

Faith Foundation

$146K · 5 grants · 2020–2023

Fidelity Investments Charitable Gift Fund

$73K · 4 grants · 2021–2023

Charities Aid Foundation America

$65K · 4 grants · 2020–2023

American Online Giving Foundation Inc

$50K · 4 grants · 2019–2024

Kingsway Charities Inc

$49K · 2 grants · 2018–2019

Apex Foundation

$35K · 3 grants · 2021–2023

Leber Legacy Foundation

$33K · 5 grants · 2023–2024

Details

EIN271895442
NTEE codeQ33
Subsection03
Ruling date2010-11
Formed2010
Employees12
Volunteers21
BOLD HOPE INC — Mission, Financials & Grants Received | Grantivo