Hodge Family Foundation

Private foundation · Grantmaker Iowa City, IA EIN: 87-1388905

Hodge Family Foundation is a private foundation, based in Iowa City, IA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $5.6M in total assets. In 2024, it awarded 2 grants totaling $85K. Net investment income was $243K.

Key facts about Hodge Family Foundation

In short: Hodge Family Foundation gave $85K across 2 grants in 2024 (avg $43K), mostly in Iowa. Source: 2024 IRS Form 990-PF.

EIN
87-1388905
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$85,000
Grants made (2024)
2
Average grant
$42,500
Median grant
$42,500
Total assets
$5,605,497
Primary geography
Iowa (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.6M

+5.2% YoY

Annual Giving

$85K

+444.9% YoY

Grant Count

2

-80.0% YoY

Avg Grant Size

$43K

+2624.4% YoY

Under IRS private-foundation payout rules, Hodge Family Foundation reported a distributable amount of $380K for 2024 — the minimum it must pay out in qualifying distributions.

How Hodge Family Foundation gives

  • In 2024 it paid out 27% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

Iowa CityCoralvilleColorado SpringsNorth LibertyOrlandoCedar RapidsColumbiaEau ClaireHarlanHazardJohnson CityOttumwaPalmer LakePeach TreeRock IslandSolonSt. Paul

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K0 grants2021 30 grants2022 10 grants2023 2 grants2024

From 2022 to 2024, annual grant giving ranged from $16K (2023) to $320K (2022). In 2024 it made 2 grants totaling $85K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Domestic Violence Intervention Program: $60KDomestic Violence InterventionProgram$60KCoralville Community Food Pantry: $25KCoralville Community FoodPantry$25K

The largest 2024 recipient was Domestic Violence Intervention Program ($60K). Together the top 2 received $85K.

Grant Size Distribution

42 grants across all recorded years

40<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 40 grants of 42 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Domestic Violence Intervention Program Iowa City, IAGeneral Support$60,000
Coralville Community Food Pantry Coralville, IAGeneral Support$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$4M2021 2022 2023 2024
Metric202420232022
Total Assets$5,605,497$5,330,514$3,653,486
Revenue$465,189$1,716,460$1,104,557
Expenses$170,152$34,660$329,839
Qualifying Distributions$104,490$25,501$326,040
Net Investment Income$243,284$752,079—
Distributable Amount$380,271$222,345$170,580

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Hodge Family Foundation is led by Michael Hodge, President on every filing since 2021; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael Hodge

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Andy Hodge

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Emily Hammes

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jessica Reid

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Molly Davin

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Julie Hodge

    Vice President

    On filings since 2021

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hodge Family Foundation

How much does Hodge Family Foundation give each year?

Hodge Family Foundation gave $85K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 10 grants.

How large is Hodge Family Foundation?

Hodge Family Foundation reported $5.6M in total assets on its 2024 IRS Form 990-PF. It paid out $104K in qualifying distributions that year, against a required minimum of $380K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Hodge Family Foundation operate?

Hodge Family Foundation has awarded grants in Colorado, Florida, Georgia, Iowa, Illinois, Kentucky, Minnesota, Missouri, Tennessee, Wisconsin.

What is Hodge Family Foundation's EIN?

Hodge Family Foundation's EIN (Employer Identification Number) is 87-1388905. IRS Form 990 filing data is available on this page for 2021–2024.

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

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