The Herbert Hoover Foundation Inc

CEDAR RAPIDS, IA EIN: 13-6101789

The Herbert Hoover Foundation Inc is a private foundation, based in CEDAR RAPIDS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 3 grants totaling $220K. Net investment income was $280K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$5.0M

+3.6% YoY

Annual Giving

$220K

+0.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$73K

+0.0% YoY

About The Herbert Hoover Foundation Inc

Based on IRS filings

The Herbert Hoover Foundation Inc is a private foundation, based in CEDAR RAPIDS, IA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $5.0M in total assets. In 2024, it awarded 3 grants totaling $220K. Net investment income was $280K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

New YorkStanfordWest Branch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$178K$356K$535K$713K20202021202220232024
Metric202420232022
Total Assets$4,984,965$4,812,254$4,437,228
Revenue$295,956$648,019$159,423
Expenses$278,534$257,798$267,518
Qualifying Distributions$256,871$239,250$272,945
Net Investment Income$280,492$638,971$151,759
Distributable Amount$242,930$221,124$236,465

Giving Over Time

Total grant dollars and number of grants per year

$0$64K$128K$192K$256K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

HOOVER PRESIDENTIAL FOUN…$105KHOOVER INSTITUTION$100KBOYS GIRLS CLUBS OF AMER…$15K

Grant Size Distribution

15 grants across all recorded years

5<$50K2$50–100K8$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PAUL MORFExecutive Direc$40K

From 2024 filing

NameTitleHoursCompensation
PAUL MORFExecutive Direc1$40,325
CHARLES G PALMVice President1
PAUL L DAVIES IIITrustee
MARGARET HOOVERCHAIRPERSON1
RODERICK W SHEPARDTrustee
JEREMIAH MILBANK IIITrustee1
STEPHEN B GADDISTrustee1
MICHAEL W GLEBATrustee1
ALLAN HOOVER IIIPresident1
WENDY H BORCHERDTTrustee1
HAIG MARDIKIANTrustee1
ROGER MERTZSEC/TREASURER1

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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