THE GIFT OF HOPE FOUNDATION INC: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: THE GIFT OF HOPE FOUNDATION INC (EIN 81-3228721)
Tax period: 2020-01-01 to 2020-12-31
Filed: 2021-11-15
IRS object ID: 202133199349107638
Schema version: 2020v4.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Investments Govt Obligations Sch
Other Assets Schedule
Other Expenses Schedule
Other Income Schedule2

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2021-11-15T15:48:29-06:00	ReturnTs
Tax Period End	2020-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	581673613	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BENNETT THRASHER LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	3300 RIVERWOOD PARKWAY 700	AddressLine1Txt
City	ATLANTA	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30339	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	813228721	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE GIFT OF HOPE FOUNDATION INC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GIFT	BusinessNameControlTxt
Phone	7709139307	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	2070 RIVERSIDE ROAD	AddressLine1Txt
City	ROSWELL	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30076	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT FINK	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	7709139307	PhoneNum
Signature	2021-11-15	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ROBERT	PersonFirstNm
Person Last	FINK	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRIDGET J DUNK	PreparerPersonNm
PTIN	P00156738	PTIN
Phone	7703962200	PhoneNum
Preparation	2021-11-15	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$68,230,231	FMVAssetsEOYAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Schedule B Not Required	Yes (X)	ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss	$201,340	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$201,340	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$537,890	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$537,890	DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss	$3,000,000	GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm	$3,000,000	GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss	$3,000,000	NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss	$1,167,940	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$18,169,848	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,167,940	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$10,125	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$10,125	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$4,917,295	TotalRevAndExpnssAmt
Total Net Invst Incm	$4,917,295	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$498,609	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$522,200	CompOfcrDirTrstDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$197	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$197	PensionEmplBnftDsbrsChrtblAmt
Interest Rev And Expnss	$729	InterestRevAndExpnssAmt
Interest Net Invst Incm	$0	InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl	$729	InterestDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$392,308	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$392,308	DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss	$8,745	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$0	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$410,298	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$301,123	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,310,886	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$693,431	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$523,126	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$4,775,991	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$4,775,991	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$6,086,877	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$693,431	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$5,299,117	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,169,582	ExcessRevenueOverExpensesAmt
Net Investment Income	$4,223,864	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$3,400,825	CashBOYAmt
Cash EOY	$1,714,043	CashEOYAmt
Cash EOYFMV	$1,714,043	CashEOYFMVAmt
Acct Rcvbl BOY	$1,361	AcctRcvblBOYAmt
US Government Obligations BOY	$4,198,972	USGovernmentObligationsBOYAmt
US Government Obligations EOY	$2,085,892	USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV	$2,020,153	USGovtObligationsEOYFMVAmt
Corporate Stock BOY	$23,490,181	CorporateStockBOYAmt
Corporate Stock EOY	$24,430,706	CorporateStockEOYAmt
Corporate Stock EOYFMV	$29,996,810	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$3,499,805	CorporateBondsBOYAmt
Corporate Bonds EOY	$5,569,700	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$5,793,389	CorporateBondsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$30,000,000	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,307,692	LandBldgEquipAccumDeprecAmt
Land BOY	$29,084,615	LandBOYAmt
Land EOY	$28,692,308	LandEOYAmt
Land EOYFMV	$28,692,308	LandEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$13,528	OtherAssetsEOYAmt
Other Assets EOYFMV	$13,528	OtherAssetsEOYFMVAmt
Total Assets BOY	$63,675,759	TotalAssetsBOYAmt
Total Assets EOY	$62,506,177	TotalAssetsEOYAmt
Total Assets EOYFMV	$68,230,231	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Capital Stock BOY	$0	CapitalStockBOYAmt
Capital Stock EOY	$0	CapitalStockEOYAmt
Additional Paid In Capital BOY	$0	AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY	$0	AdditionalPaidInCapitalEOYAmt
Retained Earning BOY	$63,675,759	RetainedEarningBOYAmt
Retained Earning EOY	$62,506,177	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$63,675,759	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$62,506,177	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$63,675,759	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$62,506,177	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$63,675,759	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,169,582	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$62,506,177	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$62,506,177	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
MORGAN STANLEY #8227	P	$17,273	$16,840	$433	$433
WELLS FARGO #1400	P	$478,689	$487,547	-$8,858	-$8,858
WELLS FARGO #1400	P	$2,867,505	$2,539,074	$328,431	$328,431
MORGAN STANLEY #8227	P	$2,662,336	$2,564,694	$113,730	$113,730
MORGAN STANLEY #8227	P	$10,113,815	$9,471,864	$669,488	$669,488
TRUIST #0565	P	$886,426	$915,740	-$29,314	-$29,314
TRUIST #0994	P	$1,097,601	$1,049,774	$47,827	$47,827
CAPITAL GAINS DIVIDENDS	P	$46,203		$46,203	$46,203

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,167,940	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$58,712	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$58,712	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$58,712	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$33,800	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$43,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$76,800	TotalPaymentsAndCreditsAmt
Es Penalty	$385	EsPenaltyAmt
Overpayment	$17,703	OverpaymentAmt
Applied To ES Tax	$17,703	AppliedToESTaxAmt
Refund	$0	RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (1)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Org Report Or Register State	GA	OrgReportOrRegisterStateCd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	0	PrivateOperatingFoundationInd
New Substantial Contributors	0	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	MR ROBERT FINK	IndividualWithBooksNm
Phone	7709139307	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	2070 RIVERSIDE ROAD	AddressLine1Txt
City	ROSWELL	CityNm
State Abbreviation	GA	StateAbbreviationCd
ZIP	30076	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	Yes (1)	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	0	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
MARY W FINK
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, VP	5.00	$12,288	$0	$0
ROBERT M FINK
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, PRESIDENT	45.00	$257,223	$0	$0
ROBERT M FINK JR
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, VP	5.00	$12,288	$0	$0
ELIZABETH GRIFFIN
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, SECRETARY	5.00	$12,288	$0	$0
LAURA NIX ESQ
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, VP	5.00	$12,288	$0	$0
DONNA VASSIL
2070 RIVERSIDE ROAD	ROSWELL	GA	30076	DIRECTOR, TREASURY	40.00	$192,234	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
WELLS FARGO
PO BOX 95021	HENDERSON	NV	89009	INVESTMENT MANAGEMENT	$103,251
BB&T
PO BOX 2887	WILSON	NC	27894	INVESTMENT MANAGEMENT	$72,394
BENNETT THRASHER
3300 RIVERWOOD PKWY STE 700	ATLANTA	GA	30339	ACCOUNTING FEES	$51,600

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$33,784,789	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,447,908	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$30,000,000	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$66,232,697	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$66,232,697	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$993,490	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$65,239,207	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$3,261,960	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$3,261,960	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$58,712	TaxBasedOnInvestmentIncomeAmt
Total Tax	$58,712	TotalTaxAmt
Distributable Before Adj	$3,203,248	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$3,203,248	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$3,203,248	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$5,299,117	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$5,299,117	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$5,299,117	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$3,203,248	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr3	$2,494,711	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$766,262	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$2,114,205	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,375,178	TotalExcessDistributionCyovAmt
Qualifying Distributions	$5,299,117	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$3,203,248	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$2,095,869	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$7,471,047	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax	$0	PriorYearDeficiencyOrTaxAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3	$0	CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5	$0	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$7,471,047	ExcessDistriCyovToNextYrAmt
Excess From Year3	$2,494,711	ExcessFromYear3Amt
Excess From Year2	$766,262	ExcessFromYear2Amt
Excess From Year1	$2,114,205	ExcessFromYear1Amt
Excess From Current Year	$2,095,869	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
AGAPE
1313 P ST 205	FRESNO	CA	93721	NONE	501(C)(3)	GENERAL PURPOSE FUND	$2,000
ATLANTA CATHOLIC RADIO
PO BOX 88892	ATLANTA	GA	30356	NONE	501(C)(3)	GENERAL PURPOSE FUND	$10,000
ATLANTA UNBOUND ACADEMY
1743 HARDEN AVE	COLLEGE PARK	GA	30337	NONE	501(C)(3)	GENERAL PURPOSE FUND	$18,000
BRIAN JORDAN FOUNDATION
PO BOX 767280	ROSWELL	GA	30067	NONE	501(C)(3)	GENERAL PURPOSE FUND	$2,000
CAMP KESEM NATIONAL
10586 W PICO BLVD 196	LOS ANGELES	CA	90064	NONE	501(C)(3)	GENERAL PURPOSE FUND	$17,639
CASA
PO BOX 12545	RALEIGH	NC	27605	NONE	501(C)(3)	GENERAL PURPOSE FUND	$287
CHATTAHOOCHEE RIVERKEEPER
916 JOSEPH LOWERY BLVD NW	ATLANTA	GA	30318	NONE	501(C)(3)	GENERAL PURPOSE FUND	$51
CHILDREN'S ADVOCACY CENTER OF LOWNDES COUNTY
1410 OLD RIVERSIDE ROAD	ROSWELL	GA	30076	NONE	501(C)(3)	GENERAL PURPOSE FUND	$2,000
COVENANT HOUSE
5 PENN PLAZA 3RD FLOOR	NEW YOURK	NY	10001	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,127,780
CRISTO REY ATLANTA JESUIT SCHOOL
222 PIEDMONT AVENUE NORTHEAST	ATLANTA	GA	30308	NONE	501(C)(3)	GENERAL PURPOSE FUND	$271,295
EYF INC
2 MONTE ALTO LANE	SANTA FE	NM	87508	NONE	501(C)(3)	GENERAL PURPOSE FUND	$70,000
FRANCISCAN SISTERS OF THE ATONEMENT
41 OLD HIGHLAND TURNPIKE	GARRISON	NY	10524	NONE	501(C)(3)	GENERAL PURPOSE FUND	$5,000
FRIARS OF THE ATONEMENT
1350 ROUTE 9	GARRISON	NY	10524	NONE	501(C)(3)	GENERAL PURPOSE FUND	$130,920
IGNATIUS HOUSE JESUIT RETREAT CENTER
6700 RIVERSIDE DRIVE NW	SANDY SPRINGS	GA	30328	NONE	501(C)(3)	GENERAL PURPOSE FUND	$26,000
LEAD
1266 WEST PACES FERRY RD SUITE 429	ATLANTA	GA	30327	NONE	501(C)(3)	GENERAL PURPOSE FUND	$136,443
LEUKEMIA & LYMPHOMA SOCIETY
3 INTERNATIONAL DRIVE	RYE BROOK	NY	10573	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,000
LOA SCHOLARSHIP FUND
PO BOX 62	TEASDALE	UT	84773	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,200,000
MARY HALL FREEDOM HOUSE
8995 ROSWELL RD	SANDY SPRINGS	GA	30350	NONE	501(C)(3)	GENERAL PURPOSE FUND	$25,000
MERCY CARE FOUNDATION
5134 PEACHTREE RD	CHAMBLEE	GA	30341	NONE	501(C)(3)	GENERAL PURPOSE FUND	$822,253
MONASTERY OF THE HOLY SPIRIT
2625 HIGHWAY 212 SW	CONYERS	GA	30094	NONE	501(C)(3)	GENERAL PURPOSE FUND	$210,000
PEBBLE STREET
55 PORTLAND STREET	PORTLAND	ME	04101	NONE	501(C)(3)	GENERAL PURPOSE FUND	$3,260
PRODIGAL CHILD MINISTRIES
721 DENMEAD MILL	MARIETTA	GA	30067	NONE	501(C)(3)	GENERAL PURPOSE FUND	$10,000
PROGRESS FOUNDATION
368 FELL STREET	SAN FRANCISCO	CA	94102	NONE	501(C)(3)	GENERAL PURPOSE FUND	$2,000
PROVINCE OF OUR LADY OF CONSOLATION
103 ST FRANCIS BLVD	MOUNT ST FRANCIS	IN	47146	NONE	501(C)(3)	GENERAL PURPOSE FUND	$440,951
SURFSIDE RECOVERY SERVICES INC
3 EDGEWOOD AVENUE NORTHEAST	SOMERS POINT	NH	82444	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,000
TEMPLO EL REFUGIO
111 DEWBERRY AVENUE	BETHLEHEM	PA	18017	NONE	501(C)(3)	GENERAL PURPOSE FUND	$54,100
THE DELCO GROUP
3832 MARSH ROAD	GARNER VALLEY	PA	19060	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,500
VOICES FOR GEORGIA'S CHILDREN
75 MARIETTA STREET SUITE 401	ATLANTA	GA	30303	NONE	501(C)(3)	GENERAL PURPOSE FUND	$25,000
ST ANN CHURCH
4905 ROSWELL RD	MARIETTA	GA	30062	NONE	501(C)(3)	GENERAL PURPOSE FUND	$5,000
ST CHRISTOPHER INN
21 FRANCISCAN WAY	GARRISON	NY	10524	NONE	501(C)(3)	GENERAL PURPOSE FUND	$143,312
ST JUDE THE APOSTLE SCHOOL
7171 GLENRIDGE DR	ATLANTA	GA	30328	NONE	501(C)(3)	GENERAL PURPOSE FUND	$5,000
ST JUDES RECOVERY CENTER
139 RENAISSANCE PKWY NE	ATLANTA	GA	30308	NONE	501(C)(3)	GENERAL PURPOSE FUND	$2,000
ST MARGARET MARY SCHOOL
121 EAST 177TH STREET	BRONX	NY	10453	NONE	501(C)(3)	GENERAL PURPOSE FUND	$3,000
THOMPSON CHILD & FAMILY SERVICES
769 N WENDOVER RD	CHARLOTTE	NC	28211	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,000
WORD ON FIRE
1550 NORTHWEST HIGHWAY	PARK RIDGE	IL	60068	NONE	501(C)(3)	GENERAL PURPOSE FUND	$1,200

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$4,775,991	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$201,340	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$537,890	ExclusionAmt

Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2,607,692	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$10,125	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$1,167,940	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$4,524,987	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$4,524,987	TotalIncomeProducingActyAmt

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Field	Value	IRS element (for citing)
Line Number	1	LineNumberTxt
Relationship Statement	N/A	RelationshipStatementTxt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	INVESTMENTS - CORPORATE BONDS	BondNm
EOY Book Value	$5,569,700	EOYBookValueAmt
EOYFMV	$5,793,389	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Field	Value	IRS element (for citing)
Stock	INVESTMENTS - CORPORATE STOCK	StockNm
EOY Book Value	$24,430,706	EOYBookValueAmt
EOYFMV	$29,996,810	EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Field	Value	IRS element (for citing)
US Govt Obligations Book Vl EOY	$2,085,892	USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV	$2,020,153	USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY	$0	StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV	$0	StateLocalSecEOYFMVAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	DIVIDENDS RECEIVABLE	Desc
EOY Book Value	$13,528	EOYBookValueAmt
EOYFMV	$13,528	EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ACCOUNTING FEES	$51,600	$25,800	$0
TAXES	$91,471	$8,096	$0
OTHER PROFESSIONAL FEES	$220,916	$220,916	$0
MISC EXPENSES	$46,311	$46,311	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Revenue And Expenses Per Books	$10,125	RevenueAndExpensesPerBooksAmt
Net Investment Income	$10,125	NetInvestmentIncomeAmt
Adjusted Net Income	$10,125	AdjustedNetIncomeAmt

THE GIFT OF HOPE FOUNDATION INC: Form 990PF, tax year 2020

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

Comments