Hoven Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $840K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$840K
+1347.8% YoY
Grant Count
3
-81.3% YoY
Avg Grant Size
$280K
+7621.7% YoY
Under IRS private-foundation payout rules, Hoven Family Foundation Inc reported a distributable amount of $16K for 2023 — the minimum it must pay out in qualifying distributions.
About Hoven Family Foundation Inc
Based on IRS filings
Hoven Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. IRS filing data is available from 2020 through 2023. In 2023, it awarded 3 grants totaling $840K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $840,327 | $969,847 |
| Revenue | $1,241 | $-66,482 | $110,813 |
| Expenses | $841,568 | $62,770 | $34,668 |
| Qualifying Distributions | $839,733 | $58,061 | $21,561 |
| Net Investment Income | — | $20,014 | $97,706 |
| Distributable Amount | $16,467 | $57,464 | $63,400 |
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 2023
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2023 grants, the largest include Schwab Charitable ($805,138), Schwab Charitable ($29,442), Schwab Charitable ($5,153).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHWAB CHARITABLE ORLANDO, FL | GENERAL PURPOSE | $29,442 |
| SCHWAB CHARITABLE ORLANDO, FL | GENERAL PURPOSE | $805,138 |
| SCHWAB CHARITABLE ORLANDO, FL | GENERAL PURPOSE | $5,153 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| D DWAYNE HOVEN | PRESIDENT | 2 | — |
| MARY M HOVEN | SECRETARY/TREASURER | 2 | — |
| THOMAS A SEIFERT | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Hoven Family Foundation Inc?
Hoven Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CLEVELAND, OH. It holds — in total assets as of 2023.
Where does Hoven Family Foundation Inc operate?
Hoven Family Foundation Inc has awarded grants in Alabama, Arizona, California, District of Columbia, Florida, Georgia, Illinois, Indiana, New York, Ohio, Pennsylvania, Tennessee.
What size grants does Hoven Family Foundation Inc award?
In 2023, Hoven Family Foundation Inc awarded 3 grants totaling $840K — an average of about $280K per grant, based on its IRS Form 990 filings.
How much is Hoven Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, Hoven Family Foundation Inc reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Hoven Family Foundation Inc's EIN?
Hoven Family Foundation Inc's EIN (Employer Identification Number) is 59-3443878. IRS Form 990 filing data is available on this page for 2020–2023.
Explore Open Grants
Browse active grant opportunities in Hoven Family Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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