Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
BUILDING HOPE FINANCE
 
Number and street (or P.O. box number if mail is not delivered to street address)1730 PENNSYLVANIA AVE NW 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WASHINGTON, DC20006
A Employer identification number

20-0367954
B Telephone number (see instructions)

(202) 457-1995
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$192,949,307J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 0
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,881,039 4,697,463 33,934,640
12 Total. Add lines 1 through 11........ 16,881,039 4,697,463 33,934,640
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 210,314 201,513 201,513 8,801
14 Other employee salaries and wages...... 1,749,718 105,002 105,002 1,644,716
15 Pension plans, employee benefits....... 193,802 34,294 34,294 159,508
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
21,460 0 0 21,460
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
107,087 53,544 53,544 53,544
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
397,532 0 0 397,532
17 Interest............... 4,543,376 4,543,376 4,543,376  
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
135,653 0 0 135,653
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
31,290 7,822 31,290
20 Occupancy.............. 142,912 35,728 35,728 107,184
21 Travel, conferences, and meetings....... 144,842     144,842
22 Printing and publications.......... 4,046 202 202 3,843
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
715,960 178,247 607,671 145,799
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 8,397,992 5,159,728 5,612,620 2,822,882
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 8,397,992 5,159,728 5,612,620 2,822,882
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,483,047
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 28,322,020
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 36,858,250 57,688,775 57,688,775
2 Savings and temporary cash investments......... 2,559,580 353,723 353,723
3 Accounts receivable right arrow20,243,153
Less: allowance for doubtful accounts right arrow   19,563,042 20,243,153 20,243,153
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow64,938,356
Less: allowance for doubtful accounts right arrow1,021,734 54,981,206 Click to see attachment
List of Attached Documents:
// Content
63,916,622 		63,916,622
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 15,000 13,547 13,547
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 40,386,227 Click to see attachment
List of Attached Documents:
// Content
43,082,386 		43,082,386
14 Land, buildings, and equipment: basis right arrow16,655
Less: accumulated depreciation (attach schedule) right arrow10,204 10,265 Click to see attachment
List of Attached Documents:
// Content
6,451 		6,451
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
2,751,813 		Click to see attachment
List of Attached Documents:
// Content
7,644,650 		Click to see attachment
List of Attached Documents:
// Content
7,644,650
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 157,125,383 192,949,307 192,949,307
Liabilities 17 Accounts payable and accrued expenses.......... 401,699 350,718
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 50,534,816 Click to see attachment
List of Attached Documents:
// Content
73,773,852
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
22,830,651 		Click to see attachment
List of Attached Documents:
// Content
27,971,797
23 Total liabilities (add lines 17 through 22)......... 73,767,166 102,096,367
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 39,152,635 40,363,290
25 Net assets with donor restrictions............ 44,205,582 50,489,650
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 83,358,217 90,852,940
30 Total liabilities and net assets/fund balances (see instructions). 157,125,383 192,949,307
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
83,358,217
2
Enter amount from Part I, line 27a .....................
2
8,483,047
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
91,841,264
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
988,324
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
90,852,940
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 0
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 0
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) Click to see attachment
List of Attached Documents:
// Content
2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 17,766
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 17,766
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 17,766
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow17,766 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowDC
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
List of Attached Documents:
// Content
8b
 
No
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.BUILDINGHOPE.ORG
14
The books are in care ofright arrowLANCE HELMING Telephone no.right arrow (202) 457-1995

Located atright arrow1730 PENNSYLVANIA AVE NW SUITE 250WASHINGTONDC ZIP+4right arrow20006
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2024, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2024? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2024 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2024.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MICHAEL D'ALESSANDRO SECRETARY (THRU 08/2024)
2.00 		77,734 2,990 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
DRU DAMICO DIRECTOR
1.00 		0 0 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
WILLIAM HANSEN CHAIR/INTERIM CORP SECRETARY
11.00 		140,193 6,241 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
LANCE HELMING CFO/TREASURER
20.00 		135,890 9,309 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
TIM MERRITT SVP OF ACCOUNTING
20.00 		101,886 0 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
RICHARD MORENO DIRECTOR
1.00 		8,109 256 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
ROBIN ODLAND PRESIDENT
50.00 		456,601 0 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
CECILIA WALKER CHIEF CREDIT OFFICER
40.00 		176,190 3,182 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
ALI REZA EHSANI SENIOR ACCOUNTANT
40.00 		104,269 5,982 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
CANDACE JENKINS FINANCIAL ANALYST
40.00 		78,709 2,209 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
VANESSA ROWAN VP OF FINANCE
40.00 		88,674 5,458 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
DARIO GRAY GRANTS ADMINISTRATOR
40.00 		76,228 0 0
1730 PENNSYLVANIA AVE NW
WASHINGTON,DC20006
Total number of other employees paid over $50,000...................right arrow 2
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Bradford Karrer REALTY SERVICES 103,000
1353 OTIS PLACE NW
WASHINGTON,DC20010
BDO TAX AND AUDIT 99,496
330 N WABASH AVE STE 3200
CHICAGO,IL60611
Givens Pursley LEGAL SERVICES 90,102
PO Box 2720
BOISE,ID83701
Kutak Rock LEGAL SERVICES 80,000
PO Box 30057
OMAHA,NE68103
Leda DiLeonardo LOAN SERVICING 57,093
1730 PENNSYLVANIA AVE NW SUITE 250
WASHINGTON,DC20006
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1 SEE SUPPLEMENTAL INFORMATION 8,397,992
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 BURNS SCIENCE AND TECHNOLOGY CHARTER SCHOOL, INC 6,200,000
2 ST. JOHNS CLASSICAL ACADEMY 5,459,625
All other program-related investments. See instructions.
3 Click to see attachment
List of Attached Documents:
// Content
14,312,452
Total. Add lines 1 through 3.........................right arrow25,972,077
Form 990-PF (2024)
Form 990-PF (2024)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
0
b
Average of monthly cash balances.......................
1b
91,370,220
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
91,370,220
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
91,370,220
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,370,553
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
89,999,667
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,499,983
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
 
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
 
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
 
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
 
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,822,882
b
Program-related investments—total from Part VIII-B..................
1b
25,972,077
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
0
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
0
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
28,794,959
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$  
a Applied to 2023, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2024 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2024.    
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		 
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		 
8 Excess distributions carryover from 2019 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2024, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2024 (b) 2023 (c) 2022 (d) 2021
4,499,983 0 2,405,674 1,340,442 8,246,099
b 85% (0.85) of line 2a ......... 3,824,986 0 2,044,823 1,139,376 7,009,185
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		28,794,959 15,184,885 16,659,696 16,991,904 77,631,444
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		        0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		28,794,959 15,184,885 16,659,696 16,991,904 77,631,444
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ...... 192,949,307 156,646,428 123,144,406 124,025,462 596,765,603
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		 134,917,012 117,228,599 84,840,241 117,532,625 454,518,477
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2024)
Form 990-PF (2024)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year
Total .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
aIMPUTED INTEREST-BELOW MARKET NOTES REC.         10,575,601
bPROFESSIONAL SERVICES INCOME         975,487
cGUARANTY FEES         616,063
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....          
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		         
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPRI INTEREST RELATED INCOME 		    1 4,697,463  
bSERVICING PASS-THROUGH INCOME     1 16,425  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,713,888 12,167,151
13Total. Add line 12, columns (b), (d), and (e)..................
13
16,881,039
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form IMPUTED INTEREST (NON-CASH) ON OUR NOTES RECEIVABLE (LOANS TO PUBLIC CHARTER SCHOOLS) TO RECORD THE DIFFERENCE BETWEEN THE PREVAILING MARKET INTEREST RATE AND THE BELOW MARKET INTEREST RATE CHARGED ON OUR LOANS. FEES EARNED FROM OUR PROJECT MANAGEMENT SERVICES TO PUBLIC CHARTER SCHOOLS FOR THE IDENTIFICATION, SELECTION, AND DEVELOPMENT OF SCHOOL FACILITIES.
Form FEES EARNED FROM SERVICING LOANS MADE TO CHARTER SCHOOLS.
Form FEES EARNED FROM OUR CREDIT ENHANCEMENT PROGRAM THAT SUPPORT LOANS MADE TO PUBLIC CHARTER SCHOOLS BY FINANCIAL INSTITUTIONS FOR THE ACQUISITION, CONSTRUCTION, AND RENOVATIONS OF FACILITIES.
Form 990-PF (2024)
Form 990-PF (2024)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID: 24020961
Software Version: 2024v5.1


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX PREP FEES 107,087 53,544 53,544 53,544

TY 2024 AllOthProgRltdInvestmentsSch
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category Amount
GS 50 2ND STREET, LLC 4,500,000
COASTAL HIGH SCHOOL 2,664,473
IDAHO NOVUS CLASSICAL ACADEMY, LLC 1,974,465
ROCKETSHIP EDUCATION, INC 1,895,140
DONNA J. BEASLEY TECHNICAL ACADEMY 1,240,290
IMAGINE SCHOOL AT NORTH PORT. INC 866,983
GOUCHER CHARTER ACADEMY 590,000
LEARNING EXCELLENCE FOUNDATION OF WEST BROWARD COUNTY, INC 419,264
IMAGINE PASCO COUNTY LLC 161,837

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 DepreciationSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
Life (# of years)		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
Furniture Fixtures & Equipment     43,677 SLM 5.0 31,290 7,822 31,290  

TY 2024 ExplnOfNonFilingWithAGStmt
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Statement:
THE STATE DOES NOT ACCEPT A COPY OF THE FILING.

TY 2024 GeneralExplanationAttachment
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Identifier Return Reference Explanation
Summary of Direct Charitable Part VIII-A Activities Form 990-PF, Part VIII-A BUILDING HOPE SUPPORTED THE DEVELOPMENT AND SUCCESSFUL OPERATION OF SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS ACROSS THE NATION, INCLUDING CHARTER, PRIVATE AND OTHER GRADE SCHOOLS, MICROSCHOOLS, COLLEGES, AND UNIVERSITIES, WITH A PARTICULAR FOCUS ON REGIONS INHABITED BY LOW-INCOME, MINORITY, OR OTHER HISTORICALLY DISADVANTAGED GROUPS, BY (A) PROVIDING GRANTS, PROGRAM RELATED INVESTMENTS, AND CREDIT ENHANCEMENTS/GUARANTEES TO SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS; (B) HELPING SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS THROUGH THE MANAGEMENT AND DEPLOYMENT OF GRANT PROGRAMS, PROGRAM-RELATED INVESTMENTS FROM PHILANTHROPIC ORGANIZATIONS, AND SUPPORT FROM OTHER FUNDERS, INCLUDING STATE AND FEDERAL PROGRAMS; (C) MANAGING REVOLVING LOAN FUNDS ON BEHALF OF SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS, LOCAL COMMUNITY DEVELOPMENT ORGANIZATIONS, PHILANTHROPY, AND GOVERNMENTAL ENTITIES; (D) HELPING SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS WITH BACK-OFFICE ACCOUNTING, PAYROLL AND HUMAN RESOURCE SUPPORT, AND OTHER OPERATIONAL SERVICES, ALONG WITH SITE SELECTION, BUILDING DESIGN, LEASE/PURCHASE NEGOTIATIONS, FINANCIAL CONSULTATION, CONSTRUCTION MANAGEMENT, TO HELP THEM DEVELOP, BUILD, OPERATE, AND MAINTAIN THEIR SCHOOL FACILITIES; (E) CONDUCTING PROGRAMS AND PERFORMING OUTREACH TO IMPROVE ACADEMIC ACHIEVEMENT, STIMULATE ECONOMIC DEVELOPMENT, PROMOTE CAREER EXPLORATION AND IMPROVE ACCESS TO HIGHER EDUCATION FOR STUDENTS AT THE SCHOOLS; (F) SUPPORTING SCHOOL LEADERS FROM ACROSS THE NATION TO CONNECT, COLLABORATE, AND CELEBRATE EDUCATION; AND (F) ACQUIRING, FINANCING, DEVELOPING, CONSTRUCTING, AND/OR LEASING FACILITIES FOR/TO SCHOOLS AND OTHER EDUCATIONAL ORGANIZATIONS, FOR ACADEMIC AND ADMINISTRATIVE PURPOSES, AS WELL AS COMMUNITY DEVELOPMENT FACILITIES AND ORGANIZATIONS (INCLUDING AFFORDABLE HOUSING, MEDICAL CENTERS, COMMUNITY CENTERS, STUDENT HOUSING, WORKFORCE LOW-INCOME HOUSING, TRAINING AND CERTIFICATION ORGANIZATIONS, ALL IN FURTHERANCE OF SECTION 501(C)(3) CHARITABLE PURPOSES, INCLUDING TO ADVANCE EDUCATION, STIMULATE REGIONAL ECONOMIC DEVELOPMENT, LESSEN THE BURDENS OF GOVERNMENT, RELIEVE POVERTY, ELIMINATE PREJUDICE, REDUCE NEIGHBORHOOD TENSION, AND COMBAT COMMUNITY DETERIORATION.

TY 2024 InvestmentsOtherSchedule2
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENTS FMV 43,082,386 43,082,386

TY 2024 LandEtcSchedule2
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
Furniture Fixtures & Equipment 16,655 10,204 6,451 6,451


TY 2024 LegalFeesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 21,460 0 0 21,460


TY 2024 MortgagesAndNotesPayableSch
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Total Mortgage Amount: 50,534,816

Item No. 1
Lender's Name OPPORTUNITY FINANCE NETWORK (BGP)
Lender's Title  
Relationship to Insider  
Original Amount of Loan 3,700,000
Balance Due 3,432,798
Date of Note 2022-04
Maturity Date 2046-12
Repayment Terms MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/17/2046
Interest Rate 0.0359
Security Provided by Borrower secured by all notes receivable financed with loan advances & all proceeds of foregoing property
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  

Item No. 2
Lender's Name USDA
Lender's Title  
Relationship to Insider  
Original Amount of Loan 2,266,036
Balance Due 1,995,284
Date of Note 2016-12
Maturity Date 2056-12
Repayment Terms MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/28/2056
Interest Rate 0.0238
Security Provided by Borrower secured by all notes receivable financed with the loan & an irrevocable letter-of-credit
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  

Item No. 3
Lender's Name OPPORTUNITY FINANCE NETWORK (BGP)
Lender's Title  
Relationship to Insider  
Original Amount of Loan 9,181,817
Balance Due 10,949,365
Date of Note 2018-08
Maturity Date 2043-12
Repayment Terms MONTHLY INT PAYMENTS, PRINCIPAL DUE 12/15/2043
Interest Rate 0.0347
Security Provided by Borrower secured by all notes receivable financed with loan advances & all proceeds of foregoing property
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  

Item No. 4
Lender's Name ALBERTSON FAMILY FOUNDATION
Lender's Title  
Relationship to Insider  
Original Amount of Loan 33,600,000
Balance Due 33,600,000
Date of Note 2016-12
Maturity Date 2024-12
Repayment Terms INTEREST FREE, PRINCIPAL DUE IN ONE LUMP SUM
Interest Rate 0.0
Security Provided by Borrower NONE
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  

Item No. 5
Lender's Name BANK OF CALIFORNIA
Lender's Title  
Relationship to Insider  
Original Amount of Loan 18,000,000
Balance Due 17,819,274
Date of Note 2024-02
Maturity Date 2025-02
Repayment Terms MONTHLY INT PAYMENTS, PRINCIPAL DUE 02/28/2025
Interest Rate 0.015
Security Provided by Borrower secured by all notes receivable financed with loan advances & all proceeds of foregoing property
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  

Item No. 6
Lender's Name East West Bank
Lender's Title  
Relationship to Insider  
Original Amount of Loan 12,000,000
Balance Due 5,977,131
Date of Note 2024-10
Maturity Date 2028-02
Repayment Terms MONTHLY INT PAYMENTS, PRINCIPAL DUE 02/20/2028
Interest Rate 0.015
Security Provided by Borrower secured by all notes receivable financed with loan advances & all proceeds of foregoing property
Purpose of Loan TO SUPPORT DEVELOPMENT OF CHARTER SCHOOLS
Description of Lender Consideration  
Consideration FMV  


TY 2024 OtherAssetsSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
IMPUTED INTEREST DISCOUNT 1,592,150 6,882,000 6,882,000
SECURITY DEPOSITS 508,637 508,637 508,637
DEFERRED FINANCING COSTS 161,026 254,013 254,013
OTHER ASSETS 490,000 0 0


TY 2024 OtherDecreasesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description Amount
UNREALIZED LOSS 988,324


TY 2024 OtherExpensesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CURRENT & EXPECTED CREDIT LOSSES 528,453 174,389 528,453 0
SERVICE FEES 37,512 0 37,512 37,512
ALLOCATED EXPENSES 36,573 0 36,573 0
TELEPHONE & TELECOMMUNICATIONS 33,006 3,434 3,434 29,571
INSURANCE 28,273 0 0 28,273
MEMBERSHIPS 13,055 0 0 13,055
MEALS & ENTERTAINMENT 12,541 0 0 12,541
ACCOUNTING SOFTWARE EXPENSE 11,156 0 0 11,156
SUPPLIES 4,687 246 246 4,441
MISCELLANEOUS EXPENSE 4,391 0 0 4,391
POSTAGE, SHIPPING, DELIVERY 3,562 178 178 3,383
OTHER DIRECT EXPENSES 1,275 0 1,275 0
FACILITIES OPERATION AND MAINTENANCE 1,132 0 0 1,132
OTHER INDIRECT EXPENSES 344 0 0 344


TY 2024 OtherIncomeSchedule2
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
IMPUTED INTEREST-BELOW MARKET NOTES REC. 10,575,601 0 10,575,601
PRI INTEREST RELATED INCOME 4,697,463 4,697,463 4,697,463
PROFESSIONAL SERVICES INCOME 975,487 0 975,487
GUARANTY/ORIGINATION FEES 616,063 0 616,063
SERVICING PASS-THROUGH INCOME 16,425 0 16,425
PRI RECOVERIES 0 0 17,053,601


TY 2024 OtherLiabilitiesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Description Beginning of Year - Book Value End of Year - Book Value
AGENCY PASS THROUGH FUNDS 22,881,871 27,790,718
DUE TO AFFILIATES -51,220 161,202
Allowance for Credit Losses 0 19,877


Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2024 OtherNotesLoansRcvblLongSch
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1

Borrower's Name Relationship to Insider Original Amount of Loan Balance Due Date of Note Maturity Date Repayment Terms Interest Rate Security Provided by Borrower Purpose of Loan Description of Lender Consideration Consideration FMV
SEE ATTACHMENT   55,494,364 63,916,622       0 %       63,916,622

TY 2024 OtherProfessionalFeesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER PROFESSIONAL FEES 368,342 0 0 368,342
INFORMATION TECHNOLOGY 17,870 0 0 17,870
PAYROLL SERVICE FEES 11,320 0 0 11,320


TY 2024 TaxesSchedule
Name:
BUILDING HOPE FINANCE
EIN:
20-0367954
Software ID:
24020961
Software Version:
2024v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAXES 135,653 0 0 135,653