LOVE BUILDS HOPE FOUNDATION

As filed

Subsection

03

Classification

1700

Street

1910 UNIVERSITY BLVD

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Group exemption

A subordinate covered by the group exemption of UNITED STATES CATHOLIC CONFERENCE (EIN 53-0196617). matched by us

The IRS lists each organization's group exemption number; we match a subordinate to its central organization by that number and the affiliation code the IRS assigns.

Mission and programs · 2024

• The initial work of the foundation involved strategic planning and preparation for a comprehensive diocesan campaign with a goal to raise $24 million to sustain and promote Catholic parishes, mission, schools, ministries, and agencies. A campaign team was developed and trained to animate the campaign. This represented new hires for the Love Builds Hope Foundation and contractually engaging staff from Greater Mission led by their president, Thomas Sonni. Digital and print campaign materials were designed and produced for the campaign. The campaign is positioned to have a transformational impact on the life of the Church at the parish, school, and diocesan levels, expanding and enhancing how one of the poorest regions in the nation is ministered and served. The investment in this effort was made by the Diocese of Brownsville through the Catholic Foundation of the Rio Grande Valley. Given the COVID-19 pandemic, churches were shut down and the campaigns designed to take place in every parish over a series of three to four waves was suspended. The Love Builds Hope Foundation pivoted to focus on raising lead gifts for the new priority of helping its parishes and schools to recover from a dramatic loss in their income, as well as meet the needs of people in the "coloniascommunities where they serve. The RGV Crisis Response Fund was established to conduct most solicitations through online group events via Zoom. That success has also helped position the Diocese of Brownsville for success in its parish lead gifts and full campaign efforts once they can be resumed.

  Expenses $179,858

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $1,566,539

  Expenses

  $1,062,788

  Contributions

  $1,566,539

  Grants paid

  $0

• 2023

  Revenue

  $591,471

  Expenses

  $628,078

  Contributions

  $587,675

  Grants paid

  $29,602

• 2022

  Revenue

  $47,623

  Expenses

  $165,742

  Contributions

  $47,523

  Grants paid

  $51,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $532,501

  Expenses

  $488,212

  Assets (EOY)

  $289,547

• 2020 · 990

  Revenue

  $1,109,251

  Expenses

  $1,249,118

  Assets (EOY)

  $235,610

• 2019 · 990

  Revenue

  $552,399

  Expenses

  $659,368

  Assets (EOY)

  $128,321

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

• PLAZA AMISTAD

  $50,000

  2022 · TO SUPPORT THE DIFFERENT PROGRAMS OFFERED IN PLAZA AMISTAD.

• SAN IGNACIO DE LA LOYA

  $15,000

  2023 · HELP DIOCESAN MINISTERS.

• ST ANTHONY CATHOLIC CHURCH

  $14,602

  2023 · HELP DIOCESAN MINISTERS.

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Other IRS files