The Alexander and Marjorie Hover Foundation is a 501(c)(3) charitable organization and private independent foundation located in Germantown, New York. The foundation was created in memory of its founders, Alexander and Marjorie Hover, and operates as a volunteer-led grantmaking organization that distributes funds to other nonprofits in support of community causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.6M
+3.1% YoY
Annual Giving
$316K
+34.0% YoY
Grant Count
46
+7.0% YoY
Avg Grant Size
$7K
+25.2% YoY
Mission & Focus Areas
The foundation's mission is to continue the founders' legacy of generosity by supporting:
- Education
- Arts
- Science
- Public Broadcasting
- Other beneficial social and community causes
The foundation describes itself as inspired to "plant seeds in the community and watch them grow."
Grantmaking
Review Cycle
(submitted via email)
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Geographic Focus
Where this funder awards grants
The foundation prefers but is not limited to organizations in the surrounding areas of Germantown, New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $5 million or more
- Annual Income: $500,000 or more
- Total Giving: $316,200 (reported in recent data)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,631,616 | $6,432,336 | $5,951,670 |
| Revenue | $240,498 | $246,697 | $140,660 |
| Expenses | $419,831 | $336,081 | $315,857 |
| Qualifying Distributions | $375,293 | $295,235 | $300,304 |
| Net Investment Income | $195,560 | $205,388 | $98,622 |
| Distributable Amount | $326,559 | $301,570 | $302,228 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
203 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Contact: J. Nadine Rumke (listed as contact for the foundation)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL KOELSCH | PRESIDENT | 1 | — |
| CARISE M HIMELRIGHT | VICE PRES. | 1 | — |
| CRAIG F DIEHL | SECRETARY/AS | 1 | — |
| LALI RUMKE | TREASURER | 1 | — |
| NADEA R ARCHBOLD | DIRECTOR | 1 | — |
| J NADINE RUMKE | EXEC. DIR. | 20 | $45,000 |
| THOMAS FUCITO | DIRECTOR | 1 | — |
| JERRY M SCHWARTZ | DIRECTOR | 1 | — |
| MIRANDA KINN | DIRECTOR | 1 | — |
| WENDY NACK-LAWLOR | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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