Daniel R Hoover Trust Fund

SAINT LOUIS, MO EIN: 56-6034863

Daniel R Hoover Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $896K in total assets. In 2024, it awarded 18 grants totaling $42K. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$896K

-0.8% YoY

Annual Giving

$42K

-16.0% YoY

Grant Count

18

-5.3% YoY

Avg Grant Size

$2K

-11.3% YoY

Under IRS private-foundation payout rules, Daniel R Hoover Trust Fund reported a distributable amount of $56K for 2024 — the minimum it must pay out in qualifying distributions.

About Daniel R Hoover Trust Fund

Based on IRS filings

Daniel R Hoover Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $896K in total assets. In 2024, it awarded 18 grants totaling $42K. Net investment income was $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BirminghamBoiling SpringsBuices CreekColumbiaDubuqueDurhamHickoryMilliganPrincetonRaleighWake ForestWinston Salem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$29K$59K$88K$117K20202021202220232024
Metric202420232022
Total Assets$895,910$902,820$946,452
Revenue$50,293$25,672$43,616
Expenses$63,266$69,733$80,001
Qualifying Distributions$51,227$58,513$66,426
Net Investment Income$37,482$16,901$31,628
Distributable Amount$55,890$48,138$49,645

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$29K$43K$57K15 grants20201 grants202117 grants202219 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

DUKE DIVINITY SCHOOL$3KWAKE FOREST UNIVERSITY$3KMILLIGAN UNIVERSITY$3KDUKE DIVINITY SCHOOL$3KDUKE DIVINITY SCHOOL$3KBEESON DIVINITY SCHOOL -…$3KWAKE FOREST UNIVERSITY$2KDUKE DIVINITY SCHOOL$2KDUKE DIVINITY SCHOOL$2KDUKE DIVINITY SCHOOL$2K

Grant Size Distribution

70 grants across all recorded years

70<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Duke Divinity School ($3,000), Wake Forest University ($3,000), Milligan University ($3,000).

RecipientPurposeAmount
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$3,000
WAKE FOREST UNIVERSITY WINSTON SALEM, NCSCHOLARSHIP$2,000
WAKE FOREST UNIVERSITY WINSTON SALEM, NCSCHOLARSHIP$3,000
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$2,000
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$2,000
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$2,000
MILLIGAN UNIVERSITY MILLIGAN, TNSCHOLARSHIP$3,000
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$3,000
SOUTHEASTERN BAPTIST THEOLOGICAL SEMINAR WAKE FOREST, NCSCHOLARSHIP$2,000
DUKE DIVINITY SCHOOL DURHAM, NCSCHOLARSHIP$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

WELLS FARGO BANK N ATRUSTEE$16K

From 2024 filing

NameTitleHoursCompensation
WELLS FARGO BANK N ATRUSTEE1$15,703

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Daniel R Hoover Trust Fund?

Daniel R Hoover Trust Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SAINT LOUIS, MO. It holds $896K in total assets as of 2024.

How large is Daniel R Hoover Trust Fund?

As of 2024, Daniel R Hoover Trust Fund holds $896K in total assets with $50K in annual revenue. It awarded 18 grants totaling $42K in 2024.

Where does Daniel R Hoover Trust Fund operate?

Daniel R Hoover Trust Fund has awarded grants in Alabama, Iowa, North Carolina, New Jersey, South Carolina, Tennessee.

What size grants does Daniel R Hoover Trust Fund award?

In 2024, Daniel R Hoover Trust Fund awarded 18 grants totaling $42K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Daniel R Hoover Trust Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Daniel R Hoover Trust Fund reported a distributable amount of $56K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Daniel R Hoover Trust Fund's EIN?

Daniel R Hoover Trust Fund's EIN (Employer Identification Number) is 56-6034863. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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