R David & Suzanne a Hoover Charitable
R David & Suzanne A Hoover Charitable is a private grantmaking foundation based in Boulder, Colorado. Established in October 2012, the trust operates as a 501(c)(3) organization dedicated to philanthropic giving across multiple sectors including education, health, community development, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$27.4M
+3.4% YoY
Annual Giving
$1.6M
-7.2% YoY
Grant Count
9
+28.6% YoY
Avg Grant Size
$173K
-27.9% YoY
Under IRS private-foundation payout rules, R David & Suzanne a Hoover Charitable reported a distributable amount of $3.2M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focuses on:
- Education — K-12 schools and youth education programs
- Health — Community health initiatives
- Community Development — Civic education and youth services
- Arts & Culture — Community arts programs
Grantmaking
The foundation awarded 22 grants in 2023 across six program areas:
Grant Range
$300 to $1,050,000
Average Grant
amount varies by program area, ranging from $5,000 (arts/community) to $326,825 (health)
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Colorado and Indiana.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $27.4 million
- Total Revenue: $2.7 million
- Total Expenses: $1.79 million
- Total Liabilities: $0
- Total Giving: $1.55 million (2023 data)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $27,366,305 | $26,463,322 | $25,460,724 |
| Revenue | $2,704,264 | $3,296,448 | $2,406,137 |
| Expenses | $1,792,356 | $2,293,850 | $2,648,207 |
| Qualifying Distributions | $1,555,006 | $1,677,180 | $2,412,800 |
| Net Investment Income | $1,076,548 | $1,504,760 | $847,766 |
| Distributable Amount | $3,238,760 | $2,621,158 | $3,003,825 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
66 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Depauw University ($1,000,000), Family and Intercultural Resource Center ($400,000), Coloradogivesorg- Community First Foundation ($54,022).
| Recipient | Purpose | Amount |
|---|---|---|
| COLORADOGIVESORG- COMMUNITY FIRST FOUNDATION ARVADA, CO | COMMUNITY | $54,022 |
| DEPAUW UNIVERSITY GREENCASTLE, IN | EDUCATION | $1,000,000 |
| EMERGENCY FAMILY ASSISTANCE ASSOCIATION BOULDER, CO | HEALTH | $20,000 |
| FAMILY AND INTERCULTURAL RESOURCE CENTER SILVERTHORNE, CO | COMMUNITY | $400,000 |
| FRONT RANGE COMMUNITY COLLEGE WESTMINSTER, CO | EDUCATION | $5,000 |
| MILE HIGH UNITED WAY DENVER, CO | COMMUNITY | $5,000 |
| SUMMIT VALLEY HORSE CENTER SILVERTHORNE, CO | COMMUNITY | $50,000 |
| UNIVERSITY OF COLORADO FOUNDATION DENVER, CO | EDUCATION | $10,000 |
| VIA MOBILITY SERVICES BOULDER, CO | HEALTH | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- R. David Hoover — Class A Trustee
- Suzanne A. Hoover — Class A Trustee
- Jonathan D. Hoover — Class B Trustee
- Jennifer S. Anderson — Class B Trustee
Suzanne Hoover was honored with the Women Who Light the Community Legacy of Impact Award in 2025, recognizing her leadership and compassion in philanthropy and community service.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| R DAVID HOOVER | CLASS A TRUSTEE | — | — |
| SUZANNE A HOOVER | CLASS A TRUSTEE | — | — |
| JONATHAN D HOOVER | CLASS B TRUSTEE | — | — |
| JENNIFER S ANDERSON | CLASS B TRUSTEE | — | — |
Recent News & Activity
Recent developments and announcements
In April 2022, the Hoover family made a historic $5 million donation to Boulder Community Health Foundation—the largest single-donor gift in BCH's 100-year history. The gift included:
Daily Camera: BCH Foundation announces $5 million historic donation from$4 million to establish an endowment for the Hoover Family Center for Education Excellence at Boulder Community Health, supporting staff development and leadership growth programs
$5 million Hoover gift supports education, leadership at CU Boulder | CU$1 million to fund capital expansion of the Hoover Family Surgery Center at Foothills Hospital
$5 million Hoover gift supports education, leadership at CU Boulder | CUThe foundation has also made significant contributions to educational institutions, including support for programs at the University of Colorado Boulder.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does R David & Suzanne a Hoover Charitable fund?
The foundation's primary funding focuses on: • **Education** — K-12 schools and youth education programs • **Health** — Community health initiatives • **Community Development** — Civic education and youth services • **Arts & Culture** — Community arts programs
How do I apply for a grant from R David & Suzanne a Hoover Charitable?
**Grant Characteristics:** • Grant range: $300 to $1,050,000 • Median grant amount: $26,325 • Average grant amount varies by program area, ranging from $5,000 (arts/community) to $326,825 (health) **Recent Activity:** The foundation awarded 22 grants in 2023 across six program areas: • Education: 9 recipients averaging $185,080 • Community: 6 recipients averaging $42,650 • Health: 4 recipients averaging $326,825 • Arts/Community: 1 recipient at $5,000 • Youth: 1 recipient at $10,000 • General P…
Where does R David & Suzanne a Hoover Charitable make grants?
The foundation primarily funds organizations in Colorado and Indiana.
What size grants does R David & Suzanne a Hoover Charitable award?
In 2024, R David & Suzanne a Hoover Charitable awarded 9 grants totaling $1.6M — an average of about $173K per grant, based on its IRS Form 990 filings.
How much is R David & Suzanne a Hoover Charitable required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, R David & Suzanne a Hoover Charitable reported a distributable amount of $3.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is R David & Suzanne a Hoover Charitable's EIN?
R David & Suzanne a Hoover Charitable's EIN (Employer Identification Number) is 27-4274566. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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