Source of Hope Foundation

What Source of Hope Foundation does

Source of Hope Foundation is a private nonprofit foundation founded in January 2009 by Stephen Robert (former Chairman and CEO of Oppenheimer Group Inc. and former Chancellor of Brown University) and Pilar Crespi Robert (former Worldwide Director of Communications for Gucci and founder of Crespi and Mariani Associates). The foundation operates as a grant-making vehicle funded by the founders' personal wealth, providing sustainable humanitarian aid in the form of food, water, healthcare, education, and micro-financing/economic opportunity to impoverished populations domestically and internationally.

The foundation does not develop proprietary technology and does not sell products or services. Its primary "product" is grant capital deployed through vetted NGO implementing partners — MercyCorps, Partners in Health, Henry Street Settlement, the Juan Felipe Gomez Escobar Foundation, Hand-in-Hand, and others — across seven geographies: the Bahamas, Colombia, Ethiopia, Haiti, Israel/Palestine, Jordan, and the United States. Notable capital deployments include funding construction of a state-of-the-art hospital and reference laboratory in Mirebalais, Haiti, an aquifer providing clean water to 100,000 residents in southern Ethiopia, and the Pilar Crespi Robert and Stephen Robert Center for Community Health Navigation at NewYork-Presbyterian.

The foundation's go-to-market motion is community-led and founder-driven: the co-chairs personally travel to project sites, maintain hands-on oversight, and select long-tenure NGO partners rather than delivering services directly. Distribution is entirely indirect, via the implementing partners' local networks. The organization employs 1-10 staff, is headquartered at 2800 Ponce de Leon Blvd, 15th Floor, Coral Gables, Florida (c/o Dimension Capital Mgmt), and was recognized with J Street's 2019 Peace and Justice Award.

Name

Source of Hope Foundation

Legal name

Source of Hope Foundation

Website

https://sourceofhope.org

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Source of Hope Foundation is a private nonprofit founded in 2009 by Stephen Robert and Pilar Crespi Robert, funding humanitarian aid — food, water, healthcare, education, and economic opportunity — through vetted NGO implementing partners across seven countries.

Ownership category

akta.pro rank

Product category

Humanitarian Philanthropy

NAICS

Grantmaking Foundations (813211), Voluntary Health Organizations (813212), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300)

akta.pro industry

PRIMARYBPAGAKAH

International Grantmaking & Development Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAN

Social Justice & Human Rights Grantmaking Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAK

Education Grantmaking Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAL

Health & Medical Research Grantmaking Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

SECONDARYBPAGAKAB

Community Foundations

Business & Public Services/Nonprofit, NGO & Social Services/Philanthropy, Foundations & Grantmaking

Keywords

• Humanitarian aid
• Clean water access
• Healthcare funding
• Education programs
• Nonprofit foundation

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales

Revenue model

1. Philanthropic Giving: The foundation is funded through personal wealth of founders Stephen Robert and Pilar Crespi Robert. It provides monetary aid to disadvantaged populations domestically and internationally through grants to implementing NGO partners.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Source of Hope Foundation is a private philanthropic foundation that funds humanitarian aid programs for impoverished and distressed populations globally. It provides monetary grants to established NGO implementing partners (e.g., MercyCorps, Partners in Health, Henry Street Settlement) who deliver sustainable programs in food security, clean water access, healthcare infrastructure, education, and economic opportunity across the Bahamas, Colombia, Ethiopia, Haiti, Israel/Palestine, Jordan, and the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Ethiopia Clean Water Program
• Haiti Hospital and Reference Laboratory Program
• Colombia Teen Mothers Education Program (JUANFE)
• Israel/Palestine Peace and Integration Programs
• Jordan Syrian Refugee Education Program
• New York Community Health and Social Services Program
• Bahamas Hurricane Dorian Disaster Relief
• Arab Developer Network Initiative (ADNI)

Quantifiable outcome

• 100,000 residents gained clean water access in Ethiopia
• +8 more outcomes

Named customers12 records

Segments5 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered minor, flagship and core.

• J StreetminorStrategic or Co-development Partner · 1 January 2019Pro-peace, pro-Israel American organization working for two-state solution. Source of Hope received J Street's Peace and Justice Award in 2019. Organization educates Congress members and has college chapters across the US.
• Google.orgflagshipStrategic or Co-development Partner · 10 October 2011Joint initiative with MercyCorps launching Arab Developer Network Initiative (ADNI) in Gaza Strip and West Bank. Google.org contributed $900,000 for first two years; Source of Hope contributed $1 million. Initiative reached 1,000+ Palestinian entrepreneurs in first year.
• GooglecoreTechnology or Integration · 1 January 2011Collaboration through MercyCorps and Google to train Palestinian engineers for software outsourcing industry. Large international companies including Cisco and Hewlett-Packard outsourced to Palestinian developers through this program.
• Partners in HealthcoreStrategic or Co-development Partner · 1 January 2010Source of Hope funded hospital construction in Mirebalais, Haiti including state-of-the-art facility with first-ever CT scanner at a public hospital. The Stephen Robert and Pilar Crespi Robert Regional Reference Laboratory opened in 2016. Partnership began with disaster relief after 2010 earthquake.
• Henry Street SettlementcoreStrategic or Co-development Partner · 1 January 2010Since 2010, Source of Hope has supported this social service agency serving 60,000+ New Yorkers annually. Funding for housing facilities for abused women and children, computer lab, playroom, and college access programs.
• Juan Felipe Gomez Escobar Foundation (JUANFE)coreStrategic or Co-development Partner · 1 January 2000Ten-year partnership supporting education and job training for teenage mothers near Cartagena, Colombia. Foundation serves 20,000 patients annually and has reduced infant mortality rates and prevented deaths from malnutrition and disease.
• MercyCorpscoreStrategic or Co-development PartnerLong-standing partnership implementing water projects in Ethiopia (100,000+ residents), Hurricane Dorian relief in Bahamas, and Syrian refugee education programs in Jordan camps. MercyCorps delivers on-the-ground humanitarian programs funded by Source of Hope.
• New York-PresbyteriancoreStrategic or Co-development PartnerFunding for rapid medical evaluation center reducing ER wait times from 9 hours to 2.5 hours. Also funded Community Health Project with patient navigators reducing repeat ER visits by 50%. The Pilar Crespi Robert and Stephen Robert Center for Community Health Navigation was dedicated in 2019.
• Memorial Sloan Kettering Cancer CenterminorStrategic or Co-development PartnerFunding for Touch Therapy Program through Integrative Medicine Service providing therapeutic massage to pediatric cancer patients to ease treatment discomfort, anxiety, headaches, nausea and insomnia.
• Hand-in-HandminorStrategic or Co-development PartnerFunding for integrated schools teaching Palestinian-Israeli and Jewish-Israeli children together in Hebrew and Arabic. Six campuses throughout Israel serving as the only integrated schools in the country.
• B'TselemminorStrategic or Co-development PartnerFunding for cameras enabling Palestinian and Israeli residents to document human rights violations along the Israel-Palestine border, creating a strong human rights culture.
• Parent's CircleminorStrategic or Co-development PartnerFunding for joint Israeli-Palestinian organization of 900+ families who lost immediate family members in the conflict. Supports reconciliation through dialogue sessions, public lectures and service projects in schools.
• PolyphonyminorStrategic or Co-development PartnerFunding for music programs bridging Palestinian-Israeli and Jewish-Israeli communities through classical music. Organization has performed at Lincoln Center, Kennedy Center, and internationally.
• Just VisionminorStrategic or Co-development PartnerFunding for films and media highlighting non-violent efforts to end occupation and build future of freedom, dignity and equality in Israel-Palestine.
• St. John Eye HospitalminorStrategic or Co-development PartnerFunding for patient care at East Jerusalem hospital and satellite clinics in West Bank and Gaza. Eye disease is ten times more prevalent in these regions due to lack of healthcare access.
• Fundacion CardioinfantilminorStrategic or Co-development PartnerPediatric institute in Bogota, Colombia providing access for poor children to highly skilled doctors who perform free procedures like heart transplants.

Scale indicators8 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Skoll Foundation: Jeff Skoll's foundation funding social entrepreneurs addressing poverty, health, and human rights internationally. Comparable in its founder-driven model backing high-impact, infrastructure-and-program grade interventions in developing economies.
• NoVo Foundation: Jennifer and Peter Buffett's foundation funding international development, girls' education, and peace-building in conflict-affected regions. Comparable in its portfolio focus on women and girls, peace and reconciliation, and grassroots international development in geographies that overlap with Source of Hope's.
• Howard G. Buffett Foundation: Family foundation focused on food security, water, and humanitarian aid in fragile regions including parts of Africa and Central America. Closely comparable to Source of Hope in its personally-funded, internationally-deployed model targeting basic-needs humanitarian outcomes in developing countries.

Broad incumbents

• Mastercard Foundation: Large private foundation funding education and financial inclusion across Africa and other developing regions. Comparable as a foundation making infrastructure-grade humanitarian commitments in underserved geographies with named programs and partner NGOs.
• The Rockefeller Foundation: Legacy foundation funding global health, food security, and resilient infrastructure internationally. Comparable as a private foundation funding infrastructure-grade humanitarian and health projects (hospitals, labs, water systems) in developing countries.
• Clinton Foundation: Couple-led high-profile philanthropy with global health, education, and economic development programs. Comparable in its structure as a high-visibility couple-founded foundation executing across multiple causes and geographies with measurable impact narratives.
• Ford Foundation: Major international grantmaking foundation addressing inequality, education, and civil society globally. Comparable as a foundation executing multi-decade grantmaking in international development with named physical facilities and long-tenured NGO partners.
• Bloomberg Philanthropies: Michael Bloomberg's personal philanthropy vehicle funding global public health, environment, education, and the arts. Highly comparable to Source of Hope as a high-profile, individually-funded foundation with broad international grantmaking across multiple causes and direct founder involvement.
• Bill & Melinda Gates Foundation: The largest private foundation in the world, funding global health, development, and education. Highly relevant as a couple-founded philanthropy with massive international grantmaking and infrastructure-grade investments in healthcare delivery in low-income countries.
• Open Society Foundations: George Soros's international grantmaking network supporting human rights, civil society, and reconciliation in conflict-affected regions. Comparable in its multi-country grantmaking portfolio with named human rights and peace-building grantees (e.g., B'Tselem-style work) overlapping Source of Hope's Israel/Palestine programming.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/source-of-hope-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Source of Hope Foundation