2016-11-09T15:24:40-06:00 2015-12-31 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2015-04-09 473681860 HOPEWELL FUND HOPE 2026648763 1201 CONNECTICUT AVENUE NW NO 300 WASHINGTON DC 20036 LEE BODNER BOARD CHAIR 2026648763 2016-11-09 1 YONG ZHANG P01249785 7033366400 2015 2017-02-10 21:41:12Z X LEE BODNER 1201 CONNECTICUT AVENUE NW NO 300 WASHINGTON DC 20036 6895271 0 X WWW.HOPEWELLFUND.ORG/ X 2015 DC THE HOPEWELL FUND SPECIALIZES IN HELPING SOCIAL/CORPORATEENTREPRENEURS AND OTHER CHANGEMAKERS LAUNCH NEW, INNOVATIVE SOCIAL CHANGE PROJECTS. HOPEWELL IS DESIGNED TO FACILITATE RAPID & EFFICIENT LAUNCHES OF WELL-RESOURCED PROJECTS WITH DIVERSE REVENUE & FUNDING MODELS, INCLUDING CHARITABLE CONTRIBUTIONS AND INVESTMENTS. MANY OF HOPEWELL'S PROJECTS EMPLOY BOLD AND AMBITIOUS STRATEGIES TO ACHIEVE THE IMPACT THEY SEEK. HOPEWELL IS MANAGED BY A TEAM OF EXPERTS WITH EXPERIENCE IN STARTING UP INNOVATIVE ORGANIZATIONS. THEY PROVIDE STREAMLINED OPERATIONS AND FINANCIAL SUPPORT AND COMPLIANCE OVERSIGHT TO MINIMIZE ADMINISTRATIVE BURDENS FOR PROJECT DONORS AND STAFF. 3 2 0 2 0 0 6895270 0 1 0 6895271 0 0 168748 0 0 670774 839522 6055749 6576500 520751 6055749 X TO HELP SOCIAL/CORPORATE ENTREPRENEURS & OTHER CHANGEMAKERS LAUNCH INNOVATIVE SOCIAL CHANGE PROJECTS. IT'S DESIGNED TO FACILITATE RAPID & EFFICIENT LAUNCHES OF WELL-RESOURCED PROJECTS WITH DIVERSE REVENUE & FUNDING MODELS, INCLUDING CHARITABLE CONTRIBUTIONS & INVESTMENTS. MANY OF HOPEWELL'S PROJECTS EMPLOY BOLD AND AMBITIOUS STRATEGIES TO ACHIEVE THE IMPACT THEY SEEK. HOPEWELL IS MANAGED BY A TEAM OF EXPERTS WITH EXPERIENCE IN STARTING UP INNOVATIVE ORGANIZATIONS. THEY PROVIDE STREAMLINED OPERATIONS AND FINANCIAL SUPPORT AND COMPLIANCE OVERSIGHT TO MINIMIZE ADMINISTRATIVE BURDENS FOR PROJECT DONORS AND STAFF. 0 0 463484 HEALTH RESEARCH: HOPEWELL'S PORTFOLIO OF HEALTH RESEARCH FOCUS AREAS INCLUDE WOMEN'S HEALTH AND PHARMACEUTICAL RESEARCH. 205085 CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY: HOPEWELL'S PORTFOLIO OF CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY PRJECTS FOCUS ON EXPOSING MISCONDUCT AND MALFEASANCE IN PUBLIC LIFE. 668569 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA DC X WILBUR PRIESTER ARABELLA ADVISORS 2025951020 1201 CONNECTICUT AVENUE NW SUITE WASHINGTON DC 20036 X ERIC KESSLER CHAIR & PRESIDENT 1.00 X X 0 0 0 SCOTT NIELSEN SECRETARY 1.00 X 0 0 0 MICHAEL SLABY TREASURER 1.00 X 0 0 0 0 0 0 0 0 0 0 ARABELLA ADVISORS 1201 CONNECTICUT AVENUE STE 300 WASHINGTON DC 20036 MANAGEMENT SERVICES 170953 1 6895270 6895270 1 1 6895271 0 0 1 X 148770 148770 19978 19978 170953 170953 62230 62230 407311 407311 OTHER EXPENSES 30280 30280 839522 668569 170953 0 6247076 60000 12459 194200 0 62765 0 6576500 36444 0 484307 0 520751 X 4194 6051555 0 6055749 0 6576500 6055749 0 X X 0 1 X 0 0 X 6895270 6895270 6895270 6895270 2229506 4665764 1 1 6895271 X PART II, SHORT YEAR EXPLANATION: 2015 TAX YEAR IS A SHORT YEAR (I.E. 04/15 - 12/15) DUE TO BEING THE FIRST YEAR THE ORGANIZATION STARTED OPERATION. THE ORGANIZATION'S PRIMARY ACTIVITY WAS THE RECEIPT OF INCOMING REVENUE SUPPORT AND MANAGEMENT FEES INCURRED TO ARABELLA. THERE WERE NO OTHER OPERATIONAL EXPENSES INCURRED DURING THE SHORT TAX YEAR. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 484307 484307 X 6895271 0 6895271 0 6895271 839522 0 839522 0 839522 PART X, LINE 2: THE FUND IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE). IN ADDITION, THE FUND QUALIFIES FOR CHARITABLE CONTRIBUTIONS DEDUCTIONS AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME WHICH IS NOT RELATED TO EXEMPT PURPOSES, LESS APPLICABLE DEDUCTIONS, IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. THERE WAS NO TAX LIABILITY FOR UNRELATED BUSINESS INCOME FOR THE PERIOD FROM APRIL 9, 2015 (INCEPTION) TO DECEMBER 31, 2015. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FUND'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE FUND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. BECAUSE THE FUND WAS FORMED DURING 2015, THAT YEAR IS THE ONLY TAX YEAR OPEN FOR EXAMINATION BY U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES. ARABELLA ADVISORS LLC SEE PART V 452057 SEE PART V 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (A) NAME OF PERSON: ARABELLA ADVISORS, LLC(B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION:ENTITY MORE THAN 35% OWNED BY ERIC KESSLER, PRESIDENT(C) AMOUNT OF TRANSACTION: $452,057(D) DESCRIPTION OF TRANSACTION: SPECIFICALLY, ARABELLA ADVISORS PROVIDED1) STAFF FOR HOPEWELL PROJECTS; 2) OPERATIONAL SUPPORT IN MANAGING THEORGANIZATION AND 3) SUPPLEMENTAL CONSULTING SUPPORT FOR SOME HOPEWELL PROJECTS.(E) SHARING OF ORGANIZATION REVENUES? = NO FORM 990, PART V, LINE 2 NEW VENTURE FUND (NVF) IS THE PAYMASTER FOR ALL MANAGED ORGANIZATIONS UNDER ARABELLA FOR PAYROLL. NVF PAYS THE SALARY AND IMMEDIATELY INVOICES HOPEWELL, WHICH PAYS THE FULL AMOUNT BACK. FORM 990, PART VI, SECTION A, LINE 3 HOPEWELL FUND HAS AN ADMINISTRATIVE SERVICES AGREEMENT WITH ARABELLA ADVISORS, LLC. DURING THE YEAR, HOPEWELL FUND PAID TO ARABELLS ADVISORS $452,057 FOR MANAGEMENT, ADMINISTRATIVE PERSONNEL, AND REIMBURSABLE EXPENSES. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS OF HOPEWELL FUND AND THE FUND'S LEGAL COUNSEL REVIEWED THE 990 BEFORE IT WAS FILED WITH THE IRS FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST. THE POLICY IS MONITORED AT THE BOARD LEVEL. COVERED INDIVIDUALS CANNOT VOTE ON MATTERS BEFORE THE BOARD WHEN THEY HAVE A CONFLICT IN THE MATTER. DISINTERESTED MEMBERS MUST DETERMINE WHETHER OR NOT THERE ARE ANY SUITABLE ALTERNATIVES TO POTENTIAL TRANSACTIONS THAT CAUSE CONFLICT. IF A COVERED PERSON IS FOUND IN VIOLATION OF THIS POLICY IT MAY BE CAUSE FOR REMOVAL FROM THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 THE FUND DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G CONSULTANT EXPENSE: PROGRAM SERVICE EXPENSES 407,311. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 407,311. FORM 990, PART XII, LINE 2C 2015 IS THE FIRST YEAR OF OPERATIONS. THE BOARD COMMENCED ITS OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR IN ACCORDANCE WITH THE HOPEWELL FUND'S GOVERNANCE DOCUMENTS