Hoveida Family Foundation
The Hoveida Family Foundation is a private foundation based in Bainbridge Island, Washington. It supports scientific causes intended to improve people’s lives and positively affect the environment and humanity, with interests including science and engineering education, research, and public health.
Hoveida Family Foundation at a glance
In short: Hoveida Family Foundation gave $3.1M across 32 grants in 2024 (avg $97K), mostly in Minnesota. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $3,111,000
- -7.0% vs 2023
- Grants made (2024)
- 32
- +6.7% vs 2023
- Average grant
- $97,219
- -12.8% vs 2023
- Median grant
- $20,000
- Total assets
- $62,850,963
- -1.2% vs 2023
- Primary geography
- Minnesota (69% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Hoveida Family Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests. It directly invites organizations to submit proposals. Once invited, organizations are asked for a proposal summary or narrative, a proposed budget, and outcome-monitoring information. The foundation does not fund outside its stated priorities, grants to individuals in general, or grants for influencing legislation, propaganda, political campaigns, or pursuits contrary to sound scientific principles. The governing board meets quarterly.
- Contact
Mailing address: 4551 Flying Goat Ave Ne A120, Bainbridge Island, WA 98110
Phone: (206) 717-0669
Website: https://hoveidafoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hoveida Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Mayo Clinic ($2.0M). Together the top 10 received $2.7M.
Organizations only. It also paid 1 grant to individuals ($25,000), which are not listed by name.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 57 grants of 72 (79%).
Geographic Focus
Where this funder awards grants
The foundation states that it awards the majority of its grants to U.S. tax-exempt organizations. In 2024, the largest shares of grant dollars went to recipients in Minnesota (69%), New Jersey (8%), Virginia (8%), Washington (4%), and Hawaii (2%).
Grant Distribution by State
Share of 2024 grant dollars across all 32 itemized grants.
States
Cities
How Hoveida Family Foundation gives
- 63% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−4%). Method
- In 2024 it paid out 98% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $3.1M (2024) to $4.0M (2022). In 2024 it made 32 grants totaling $3.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mayo Clinic Rochester, MN | Funding research for artificial intelligence for medicine, improvements in treatments or cures for auto-immune disease, crohn's, cancer, diabetes | $2,000,000 |
| Ieee Foundation Piscataway, NJ | Provide scholarships to the top electrical engineering undergraduate students in the us to pursue careers in the power and energy sector | $250,000 |
| PBS Foundation Arlington, VA | Provide support for nova and a brief history of the future educational programming | $250,000 |
| Firefly Sisterhood St Louis Park, MN | Support firefly sisterhood's mission of providing comfort, hope, and connection for women impacted by a breast cancer diagnosis through firefly's peer mentor guides program | $50,000 |
| The Bowery Mission New York, NY | Provide emergency homesless shelter, food, and/or clothing to unhoused populations in cold weather areas | $25,000 |
| The Salvation Army - Shield of Hope Chicago, IL | Provide emergency homesless shelter, food, and/or clothing to unhoused populations in cold weather areas | $25,000 |
| 1 grant to individuals Recipients not named | — | $25,000 |
| Compass Housing Alliance Seattle, WA | Provide emergency homesless shelter, food, and/or clothing to unhoused populations in cold weather areas | $25,000 |
| National Academy of Engineering Fund Washington, DC | Support for the national academy of engineering's inclusive, diverse, and equitable engineering for all (IDEEA) programs that inform, inspire, and provide opportunities for k-12 marginalized youth and their caregivers to learn about and engage with engineering | $25,000 |
| Hope Shelters Pontiac, MI | Provide emergency homesless shelter, food, and/or clothing to unhoused populations in cold weather areas | $25,000 |
Ready to take the next step with Hoveida Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $62,850,963 | $2,773,555 | $3,534,619 | $3,111,000 | 32 | $3,222,526 | $2,461,462 | $3,295,875 |
| 2023 | $63,610,645 | $869,769 | $3,799,263 | $3,346,000 | 30 | $3,501,539 | $1,422,371 | $3,105,481 |
| 2022 | $66,540,139 | $-1,600,716 | $4,372,414 | $4,038,500 | 7 | $4,090,541 | $824,084 | $3,269,348 |
| 2021 | $72,514,243 | $1,071,136 | $3,558,085 | $3,253,000 | 3 | $3,344,615 | $857,666 | $3,681,355 |
| 2020 | $75,000,192 | $75,000,192 | — | — | — | — | $192 | $192,257 |
Under IRS private-foundation payout rules, Hoveida Family Foundation reported a distributable amount of $3.3M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation describes its mission as promoting scientific and engineering education and research to make the world a better place for humanity and all living things. Its stated interests include scientific, academic, and public health programs focused on environmental, energy, and health and medical research, along with academic opportunities that promote science education and scientific research.
The foundation awards most of its grants to U.S. 501(c)(3) and other tax-exempt organizations. Its 2024 grants included support for medical research, engineering scholarships, educational programming, breast-cancer peer support, emergency shelter, STEM education, and coastal restoration. For example, Mayo Clinic’s stated mission is to contribute to health and well-being through patient care, education, and research; the IEEE Foundation says it expands IEEE’s charitable work through philanthropic engagement; and PBS Foundation says it supports public broadcasting and its programs and services.
Grantmaking
In 2024, the foundation reported 32 grants totaling $3,111,000. Grant amounts ranged from $1,000 to $2,000,000, with a median of $20,000. The largest grant was $2,000,000 to Mayo Clinic for medical research, including artificial intelligence for medicine and work related to treatments or cures for autoimmune disease, Crohn’s disease, cancer, and diabetes. Other notable awards were $250,000 to the IEEE Foundation for scholarships for electrical engineering undergraduates pursuing power and energy careers, and $250,000 to PBS Foundation for NOVA and *A Brief History of the Future* educational programming.
Other 2024 grants included $50,000 to Firefly Sisterhood for its peer mentor guides program for women affected by breast cancer, and $25,000 each to organizations including Compass Housing Alliance, the National Academy of Engineering Fund, and the Washington State Academy of Sciences.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bahman Hoveida as president, Rebecca Hoveida as vice president, and Amethyst Lucille Nelson as secretary treasurer.
Hoveida Family Foundation is led by Bahman Hoveida, President on every filing since 2020; 1 of 3 officers listed in 2024 is compensated.
Officers on the 2024 filing
Bahman Hoveida
President
On filings since 2020
1 hr/week
No compensation reported
Amethyst Lucille Nelson
Secretary Treasurer
On filings since 2020
20 hrs/week
$34K (2022) → $60K (2024)
Rebecca Hoveida
Vice President
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $60K, to Amethyst Lucille Nelson (Secretary Treasurer).
Frequently asked questions about Hoveida Family Foundation
How much does Hoveida Family Foundation give each year?
Hoveida Family Foundation gave $3.1M across 32 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.3M across 30 grants.
What is Hoveida Family Foundation's typical grant size?
Hoveida Family Foundation's median grant in 2024 was $20,000, and its average grant was $97,219, across 32 grants on its 2024 IRS Form 990-PF.
Where does Hoveida Family Foundation give grants?
Hoveida Family Foundation gives mostly in Minnesota: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were New Jersey (8%) and Virginia (8%). The most frequent recipient cities were New York, NY (2 grants), Seattle, WA (2 grants) and Minneapolis, MN (2 grants).
Does Hoveida Family Foundation give general operating support?
Not in 2024: none of the 32 grants with a stated purpose on Hoveida Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Hoveida Family Foundation's largest grantees?
Hoveida Family Foundation's largest 2024 grantees include Mayo Clinic ($2,000,000), Ieee Foundation ($250,000) and PBS Foundation ($250,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($25,000), which are not listed by name. Together they received 80% of its itemized 2024 grant dollars.
How large is Hoveida Family Foundation?
Hoveida Family Foundation reported $62.9M in total assets on its 2024 IRS Form 990-PF. It paid out $3.2M in qualifying distributions that year, against a required minimum of $3.3M (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.
What does Hoveida Family Foundation fund?
The foundation describes its mission as promoting scientific and engineering education and research to make the world a better place for humanity and all living things. See mission & focus areas ↑
How do I apply for a grant from Hoveida Family Foundation?
The foundation does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hoveida Family Foundation's EIN?
Hoveida Family Foundation's EIN (Employer Identification Number) is 85-4041310. IRS Form 990 filing data is available on this page for 2020–2024.
Does Hoveida Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Hoveida Family Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Hoveida Family Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Hoveida Family Foundation funder profile. GrantGraph. Retrieved October 19, 2026, from https://grantable.co/funders/hoveida-family-foundation-morg_3e73405bec1c4d1caf4cadeed9fc9359
BibTeX
@misc{grantable_854041310_2026,
author = {{Grantable}},
title = {{Hoveida Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hoveida-family-foundation-morg_3e73405bec1c4d1caf4cadeed9fc9359},
note = {Accessed 2026-10-19. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Hoveida Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Hoveida Family Foundation down — hundreds of funders to go?