Hard-Edged Hope Foundation

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REPORTING SET-ASIDES UNDER THE CASH DISTRIBUTION TEST1.) NATURE AND PURPOSES OF THE PROJECT FOR WHICH THE AMOUNTS ARE TO BE SET ASIDE ARE DESCRIBED AS FOLLOWS:THE BUILDING WAS PURCHASED AS AN INTEGRAL PART THROUGH WHICH THE CHARITABLE PURPOSES OF THE FOUNDATION WILL PERFORM ITS FUNCTIONS. THE BUILDING WAS FORMERLY A RESIDENTIAL SPACE AND REQUIRES RENOVATIONS IN ORDER TO PROPERLY CREATE A FUNCTIONAL SPACE WHICH WILL ENABLE THE EXECUTION OF ITS PROGRAMS. ONCE THE RENOVATIONS ARE COMPLETED, THE FOUNDATION WILL FEATURE AN IMMERSIVE SOCIAL IMPACT EXPERIENCE AND GATHERING SPACE FOR ANYONE WHO DREAMS OF A BETTER WORLD AND WANTS TO HELP BUILD IT. PART EXHIBIT, SOCIAL ENTREPRENEUR HIVE AND MAKER MARKET, THE FOUNDATION WELCOMES AND CELEBRATES PEOPLE CREATING TANGIBLE SOLUTIONS TO CHALLENGES BIG AND SMALL. THESE ARE IMPACT-ORIENTED DOERS, ARTISTS AND COMMUNITY BUILDERS, THOSE WHO ARE FOCUSED ON ENGAGING THEIR MORAL IMAGINATION TO MAKE THE WORLD BETTER THROUGH THEIR WORK.OUR ROTATING, IN-HOUSE RESIDENCY PROGRAM WILL HOST NONPROFIT SOCIAL ENTREPRENEURS FROM ACROSS THE GLOBE WHO ARE ARCHITECTING SOLUTIONS TO REAL WORLD PROBLEMS. EVERY SIX MONTHS, WE WILL SUPPORT A NEW GROUP OF CHANGE MAKERS WITH A CUSTOMIZED MENTORSHIP PROGRAM THAT CULMINATES IN THE PUBLIC LAUNCH OR EXPANSION OF THEIR SOCIAL ENTERPRISES. WE WILL HOST WORKSHOPS, CULTURAL EVENTS AND OPEN OFFICE HOURS TO PROMOTE THE PEOPLE DRIVING CHANGE, WHILE INVITING THE COMMUNITY TO TAKE PART IN SUPPORTING THEIR EFFORTS. 2.) THE AMOUNTS SET ASIDE FOR THE PROJECT DESCRIBED IN ITEM 1 WILL ACTUALLY BE PAID WITHIN THE 36 MONTH PERIOD THAT ENDS NO MORE THAN 60 MONTHS AFTER THE DATE OF THE SET-ASIDE.3.) THE PROJECT WILL NOT BE COMPLETED BEFORE THE END OF THE ABOVE-REFERENCED TAX YEAR (THE YEAR IN WHICH THE SET-ASIDE WAS MADE), OCTOBER 31, 2021.4.) PLEASE SEE THE FOOTNOTE FOR THE DISTRIBUTABLE AMOUNTS DETERMINED UNDER THE IRC SEC. 4942(D) FOR ALL PAST TAX YEARS IN THE TAXPAYER'S START-UP AND FULL PAYMENT PERIODS.

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Grants Awarded (1 total)