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A Glimmer of Hope Foundation

Profile

Last Updated: 2016-05-11

At A Glance

A Glimmer of Hope Foundation

3600 N. Capital of TX Hwy, Bldg. B, Ste. 330

Austin, TX United States 78746-3209

Telephone: (512) 328-9944

URL: www.aglimmerofhope.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $54,509,909

Total giving: $6,791,529

EIN

311758218

Bridge Number

5624609821

Background

Established in 2000 in TX - Founded by Philip and Donna Berber. In March, 2000, Mr. Berber sold his electronic-brokerage group CyBerCorp to Charles Schwab for $488 million. That same year, he and his wife, Donna, created an endowment with $100 million to form A Glimmer of Hope, an aid organization to help people in Ethiopia. The Berbers have expanded their efforts to inner-city areas in London and in their home city, Austin, Texas. The grantmaker is a signatory to Philanthropy’s Promise, an initiative of the National Committee for Responsive Philanthropy (NCRP). By signing on, the grantmaker has committed to allocating the majority of its grantmaking dollars to marginalized communities and at least 25 percent to social justice strategies, such as advocacy, community organizing, and civic engagement.

Purpose and Activities

The foundation serves to ease some of the pain and suffering on the planet. It currently operates a national aid program in Ethiopia as well as programs for excluded youth in the U.S. and the U.K.

Fields of Interest

Subjects
  • Basic and emergency aid
  • Business education
  • Child welfare
  • Community and economic development
  • Economic development
  • Human services
  • International development
  • International relations
  • Rural development
International Interests
  • England
  • Ethiopia
  • Ireland
Population Groups
  • Economically disadvantaged people
  • Indigenous peoples
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $54,509,909 (market value)

Gifts received: $9,942,914

Expenditures: $9,187,694

Total giving: $6,791,529

Qualifying distributions: $8,844,725