Hoven Family Foundation Inc
- Assets
- $840.3k
- Revenue
- -$66.5k
- Investments
- $807.5k
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 59-3443878
Organization Overview
Hoven Family Foundation Inc is located in Cleveland, OH. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hoven Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Hoven Family Foundation Inc has awarded 121 individual grants totaling $454,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Dwayne Hoven President | 2 | $0 | |
Mary M Hoven Secretary/treasurer | 2 | $0 | |
Thomas A Seifert Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,723 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$91,205 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$66,482 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,327 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $577 |
| Total operating and administrative expenses | $4,770 |
| Contributions, gifts, grants paid | $58,000 |
| Total expenses and disbursements | $62,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,714 |
| Savings and temporary cash investments | $5,153 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $840,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hoven Family Foundation Inc has awarded $58,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
AL OTRO LADO PURPOSE: GENERAL PURPOSE | $500 |
BEECH BROOK FOUNATION PURPOSE: GENERAL PURPOSE | $1,000 |
ALPHA DELTA PI FOUNDATION PURPOSE: GENERAL PURPOSE | $1,000 |
DOTHAN AREA BOTANICAL GARDENS PURPOSE: GENERAL PURPOSE | $2,500 |
CASA GLYNN PURPOSE: GENERAL PURPOSE | $10,000 |
DOTHAN AREA BOTANICAL GARDENS PURPOSE: GENERAL PURPOSE | $5,000 |