Hoover W Henry Char Fd

Foundation · Grantmaker BROOKLYN, OH EIN: 34-7006675

Hoover W Henry Char Fd is a private foundation, based in BROOKLYN, OH. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $838K in total assets. In 2024, it awarded 3 grants totaling $47K. Net investment income was $48K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$838K

-0.5% YoY

Annual Giving

$47K

-17.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-17.3% YoY

Under IRS private-foundation payout rules, Hoover W Henry Char Fd reported a distributable amount of $70K for 2024 — the minimum it must pay out in qualifying distributions.

About Hoover W Henry Char Fd

Based on IRS filings

Your AI grants department

Ready to take the next step with Hoover W Henry Char Fd?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Ohio $214K (72%)

North Carolina $84K (28%)

States

North Carolina Ohio

Cities

CantonDurhamNorth Canton

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$838,490	$842,408	$898,013
Revenue	$68,104	$25,910	$28,181
Expenses	$72,025	$81,512	$98,209
Qualifying Distributions	$52,200	$62,021	$78,932
Net Investment Income	$48,283	$4,596	$8,875
Distributable Amount	$70,209	$62,605	$63,912

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

18 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boy Scouts of America ($16,218), Community Christian Church ($15,738), Duke University ($14,762).

Recipient	Purpose	Amount
BOY SCOUTS OF AMERICA CANTON, OH	GENERAL OPERATING	$16,218
COMMUNITY CHRISTIAN CHURCH NORTH CANTON, OH	GENERAL OPERATING	$15,738
DUKE UNIVERSITY DURHAM, NC	GENERAL OPERATING	$14,762

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KEYBANK N A	TRUSTEE	1	$19,875

Frequently Asked Questions

How large is Hoover W Henry Char Fd?

As of 2024, Hoover W Henry Char Fd holds $838K in total assets with $68K in annual revenue. It awarded 3 grants totaling $47K in 2024.

Where does Hoover W Henry Char Fd operate?

Hoover W Henry Char Fd has awarded grants in North Carolina, Ohio.

What size grants does Hoover W Henry Char Fd award?

In 2024, Hoover W Henry Char Fd awarded 3 grants totaling $47K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Hoover W Henry Char Fd required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hoover W Henry Char Fd reported a distributable amount of $70K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.