The Herbert Hoover Foundation Inc
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.
Ready to take the next step with The Herbert Hoover Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
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
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL MORF | Executive Direc | 1 | $40,325 |
| CHARLES G PALM | Vice President | 1 | — |
| PAUL L DAVIES III | Trustee | — | — |
| MARGARET HOOVER | CHAIRPERSON | 1 | — |
| RODERICK W SHEPARD | Trustee | — | — |
| JEREMIAH MILBANK III | Trustee | 1 | — |
| STEPHEN B GADDIS | Trustee | 1 | — |
| MICHAEL W GLEBA | Trustee | 1 | — |
| ALLAN HOOVER III | President | 1 | — |
| WENDY H BORCHERDT | Trustee | 1 | — |
| HAIG MARDIKIAN | Trustee | 1 | — |
| ROGER MERTZ | SEC/TREASURER | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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