Endowment Fund

The Hope Foundation relies on endowment income and donations to fund approximately 50% of Hope Village's annual budget. The balance of the funding comes from resident tuition, day program fees, donations and  enterprise revenue from the ceramics center, developmental  center, Tea Room and Resale Shop.

Hope Village has expanded its facility to meet the needs of its aging population, Hope Village needs to substantially increase the size of its endowment. Obtaining additional endowment funds will allow the Hope Foundation to fulfill its goal of affordable residential and respite care for the mentally retarded, specifically the long-term operation of Hope Village and expansion of services and residential opportunities.

Hope Foundation’s goal is to obtain additional endowment principal of $5,000,000. The additional $5,000,000 in endowment resources will provide income that will allow Hope Village to fully cover the endowment's projected portion of operating expenses from investment proceeds.

To discuss donation opportunities or send a donation directly please contact us at:

Hope Foundation for Retarded Children
15403 Hope Village Road
Friendswood, Texas 77546
Phone: 281.400.2011