PLATINUM2023

HOPE STRENGTHENS FOUNDATION

Providing Hope & Strength During Difficult Times

aka HSF   |   Marblehead, MA   |  www.hopestrengthens.org

Mission

Hope Strengthens Foundation provides critical financial support to individuals and families facing life-threatening illness, disability, or recovering from traumatic injuries.

Ruling year info

2010

Principal Officer

Jacob Ferreira

Co Principal Officer

James Fahey

Main address

37R Elm Street

Marblehead, MA 01945 USA

Show more contact info

EIN

27-1653356

NTEE code info

Health (General and Financing) (E80)

Fund Raising and/or Fund Distribution (P12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2022, 2021 and 2021.
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Communication

Blog

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

The diagnosis of a life-threatening illness and suddenness of a traumatic injury can turn a family's life upside down. According to a report from the World Health Organization, the incidence of a disease or injury event has two immediate potential effects. First, the diseased or injured person may have to reduce their normal level of productive activity (whether paid or unpaid) and, second, the household may need to increase its consumption of health services or goods (at the expense of other goods and services). Hope Strengthens Foundation works directly with individuals and families facing a life-threatening illness or trauma to identify gaps in care. We then build a community of economic and emotional support around a beneficiary's needs and distribute donations to fulfill targeted out of pocket expenditures including medical bills, specialized equipment, and professional care. Our purpose is to: bring hope, support communities & families, and change lives.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Human Services

HSF provides critical financial support to individuals and families facing life-threatening illness or recovering from traumatic injuries. This includes out of pocket medical expenses and specialized treatments not covered by insurance.

Population(s) Served
People with diseases and illnesses
People with physical disabilities

HSF provides critical financial support to individuals and families facing life-threatening illness or recovering from traumatic injuries. This includes out of pocket medical expenses and specialized treatments not covered by insurance.

Population(s) Served
People with diseases and illnesses
People with physical disabilities

HSF provides critical financial support to individuals and families facing life-threatening illness or recovering from traumatic injuries. This includes out of pocket medical expenses and specialized treatments not covered by insurance.

Population(s) Served
People with diseases and illnesses
People with physical disabilities

Where we work

Awards

The Independent Charities Seal of Excellence (Best in America) 2014

Independent Charities of America (ICA, LICA)

The Independent Charities Seal of Excellence (Best in America) 2015

Independent Charities of America (ICA, LICA)

The Independent Charities Seal of Excellence (Best in America) 2016

Independent Charities of America (ICA, LICA)

The Independent Charities Seal of Excellence (Best in America) 2017

Local Independent Charities of America

The Independent Charities Seal of Excellence (Best in America) 2018

Local Independent Charities of America

The Independent Charities Seal of Excellence (Best in America) 2019

Local Independent Charities of America

The Independent Charities Seal of Excellence (Best in America) 2020

Local Independent Charities of America

The Independent Charities Seal of Excellence (Best in America) 2021

Local Independent Charities of America

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of participants engaged in programs

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with diseases and illnesses, People with disabilities, People with physical disabilities

Related Program

Health

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

We provide direct medical & care support to approx. 5-7 beneficiaries on an annual basis. Our partnerships with hospital patient service programs allow us to reach more than 100 people.

Number of overall donors

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with diseases and illnesses, People with disabilities, People with physical disabilities

Related Program

Health

Type of Metric

Input - describing resources we use

Direction of Success

Holding steady

Context Notes

We average approx. 300 donors each year, most of who are contributors to our two annual fundraising events.

Number of attendees present at rallies/events

This metric is no longer tracked.
Totals By Year
Population(s) Served

People with diseases and illnesses, People with disabilities, People with physical disabilities

Related Program

Human Services

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

Annual charity golf outing = 144 players + approx. 15 volunteers.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Launched in 2010, HSF is a 501(c)(3) public charity that works directly with individuals and families to offer them customized financial and personal support to help address the needs and challenges that are not covered by other available support networks. This can be something as simple as helping to cover the costs of physical therapy or transportation to the hospital for treatment. Most importantly, HSF is about providing support based on the self-expressed needs of the families that reach out to us. We accomplish this through a community of individuals and local businesses who both donate resources and offer constant encouragement to beneficiaries.

Hope Strengthens Foundation (HSF) has developed a plan for building core capacity. HSF's Board of Directors is actively engaging in a fundraising plan to secure the resources required to commence full-time operations.

Through the efforts of a 10-person volunteer Board of Directors and our family and neighbors, Hope Strengthens Foundation has established a successful platform for providing targeted financial support to individuals and families facing live-threatening illness or recovering from traumatic injuries.

Our highly-personalized process for receiving funding support and engaging with our beneficiaries appeals to individuals in a way institutionalized giving and formal programs may not. Just through launching our website and reaching out to our community, we have received inquiries for support from individuals across the United States, and have built long-term relationships with them as they return to normalcy in their lives.

In addition, our HSF team combines a range of skills that include personal and professional experience in the healthcare sector—including management of patient service programs, leadership of public service campaigns, fundraising and nonprofit development, and sales and marketing in the technology sector. We may be a small team, but like our individual donors, we believe that our combined talents and experience put us in a unique position to build a powerful organization for supporting families and individuals on the road to recovery from long-term illness and injury.

To date we have directly helped more than one hundred families, established scholarship programs with the University of New Hampshire and Northeastern University, and partnered with high-impact organizations, like the Dana Farber Cancer Institute's Pediatric Resource Center and Martin O'Neil Cancer Center to reach additional families in need. Collectively, these efforts have mobilized nearly $300,000 in targeted financial support to individuals and families facing a life-threatening illness, disability, or recovery from traumatic injury.

This includes helping people like Meg Hajjar, whose son Neil is battling against Moyamoya disease, which affects blood circulation to the brain and is fatal without complex neurosurgery. Meg and her family have kept hope even in the face of countless challenges, and a recent brain surgery is now starting to improve circulation in Neil's brain. While the surgeons are the real heroes here, HSF has worked directly with Meg and her family, providing financial support, but also constant contact and encouragement, which we think is the advantage our model of direct care and engagement offers.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

HOPE STRENGTHENS FOUNDATION
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

HOPE STRENGTHENS FOUNDATION

Board of directors
as of 01/20/2023
SOURCE: Self-reported by organization
Board chair

James Fahey

Hope Strengthens Foundation

James Fahey

Joseph Merry

Kerry Brothers

Sarah Grady

Rich Cook

Nicole Steinberg

Aditya Gangopadhyay

Thomas Cullen

Magali Flores Nuñez

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? No
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? No
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 3/4/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

No data

The organization's co-leader identifies as:

No data

Race & ethnicity

No data

Gender identity

 

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/15/2021

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.