Hoffer Foundation logo

Hoffer Foundation

SOUTH ELGIN, IL EIN: 36-6160991 Website

The Hoffer Foundation is a private foundation based in South Elgin, Illinois, established in 1966. It is a 501(c)(3) tax-exempt organization with a mission rooted in the values of its founder, Robert Hoffer, who built Hoffer Plastics with community service as a core principle. The Foundation carries forward a legacy of philanthropic giving to support local charities, organizations, and families in need.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$436K

-29.5% YoY

Grant Count

17

-15.0% YoY

Avg Grant Size

$26K

-17.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Foundation is driven by a commitment to give passionately toward education and faith, creating opportunities for generations to come. Its primary funding areas include:

  • Education
  • Capital campaigns
  • General athletics
  • Community leadership development
  • Human services
  • Philanthropy and voluntarism

The Foundation's work reflects a long-standing commitment to improving health, education, and quality of life in its community and beyond.

Grantmaking

The Foundation made 17 grants in 2024. Recent grants include:

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Geographic Focus

Where this funder awards grants

The Foundation primarily funds organizations in Illinois and Wisconsin, with a particular emphasis on the local Elgin and Fox Valley communities.

Grant Distribution by State

5states

Cities

AuroraCarpentersvilleChicagoClintonCrown PointEast TroyElginGenevaHoffman EstatesLake in the HillsPalatineSaint CharlesSouth ElginSt CharlesVilla Park

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $5,352,082
  • Total Revenues: $417,566
  • Total Expenses: $476,612
  • Total Giving: $435,915

As of 2023:

  • Total Assets: $5.41M
  • Total Liabilities: $0

Staffing: The Foundation operates with 0 employees.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$215K$430K$645K$859K17 grants202023 grants202117 grants202220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Judson University$171KFox Valley Christian Act…$75KElgin Community College …$56KFellowship Housing Corpo…$22KPADS of Elgin$15KWestminster Christian Sc…$15KEdwards YMCA Camp$15KFox Valley Hands of Hope$15KNorthern Illinois Food B…$12KAlignment Collaboration$10K

Grant Size Distribution

94 grants across all recorded years

79<$50K8$50–100K4$100–250K1$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

William (Bill) Hoffer is recognized as a key leader and volunteer for the Foundation. He was named Non-Profit Volunteer of the Year in 2023 by the Elgin Area Chamber of Commerce. Bill Hoffer, along with his wife Taffy and their children, continues to invest in community initiatives. The Foundation's work reflects the values and vision established by Robert Hoffer, the founder of Hoffer Plastics.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
William A HofferPresident1
Gretchen Hoffer FarbSecretary1
Mary H EaginTreasurer1
Robert Hoffer JrVice President1

Recent News & Activity

Recent developments and announcements

The Foundation has maintained active grantmaking partnerships with numerous community organizations, including:

Habitat for Humanity

Fellowship Housing

Alignment Collaborative U-46

Fox Valley Hands of Hope

Fox Valley Christian Action

Judson University

Food For Greater Elgin

Boys and Girls Club facility in South Elgin

YMCA

United Way

Advocate Sherman Hospital

The Foundation continues to honor Robert Hoffer's vision by investing in initiatives that uplift people, strengthen communities, and expand access to education.

Related Funders

Similar funders by location and focus area

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

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