Hoover Alsometa

HERMITAGE, PA EIN: 25-6809518

Hoover Alsometa is a private foundation, based in HERMITAGE, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $155K in total assets. In 2024, it awarded 1 grants totaling $7K. Net investment income was $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$155K

-0.6% YoY

Annual Giving

$7K

+1.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$7K

+1.7% YoY

Under IRS private-foundation payout rules, Hoover Alsometa reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About Hoover Alsometa

Based on IRS filings

Ready to take the next step with Hoover Alsometa?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Pennsylvania $35K (100%)

States

Pennsylvania

Cities

Roaring Spring

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$154,526	$155,389	$151,688
Revenue	$9,164	$13,017	$-116
Expenses	$9,997	$9,373	$11,256
Qualifying Distributions	$8,137	$7,960	$9,713
Net Investment Income	$7,668	$11,405	$969
Distributable Amount	$8,706	$8,071	$8,351

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Albright Church of the Brethren ($6,674).

Recipient	Purpose	Amount
ALBRIGHT CHURCH OF THE BRETHREN ROARING SPRING, PA	GENERAL FUND, MISSIONS,	$6,674

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is Hoover Alsometa?

As of 2024, Hoover Alsometa holds $155K in total assets with $9K in annual revenue. It awarded 1 grants totaling $7K in 2024.

Where does Hoover Alsometa operate?

Hoover Alsometa has awarded grants in Pennsylvania.

What size grants does Hoover Alsometa award?

In 2024, Hoover Alsometa awarded 1 grants totaling $7K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Hoover Alsometa required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hoover Alsometa reported a distributable amount of $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.