The Hoover Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $227K in total assets. In 2024, it awarded 7 grants totaling $20K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$227K
-3.1% YoY
Annual Giving
$20K
+77.0% YoY
Grant Count
7
-22.2% YoY
Avg Grant Size
$3K
+127.6% YoY
Under IRS private-foundation payout rules, The Hoover Family Foundation reported a distributable amount of $16K for 2024 — the minimum it must pay out in qualifying distributions.
About The Hoover Family Foundation
Based on IRS filings
The Hoover Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $227K in total assets. In 2024, it awarded 7 grants totaling $20K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $226,716 | $234,082 | $239,684 |
| Revenue | $12,759 | $5,764 | $4,923 |
| Expenses | $20,125 | $11,366 | $8,166 |
| Qualifying Distributions | $20,000 | $11,300 | $8,000 |
| Net Investment Income | $12,634 | $9,020 | $4,757 |
| Distributable Amount | $16,262 | $12,507 | $13,691 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
29 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Irving Cares ($5,850), St Jude Childrens Hospital ($4,000), Make-A-Wish ($4,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Irving Cares Irving, TX | Misison related activities | $5,850 |
| North Texas Food Bank Plano, TX | Mission related activities | $1,650 |
| Four Seasons Employees Irving, TX | Mission related activities | $500 |
| St Jude Childrens Hospital Memphis, TN | Mission related activities | $4,000 |
| Scottish Rite for Children Dallas, TX | Mission related activities | $2,000 |
| RAINN Philadelphia, PA | Mission related activities | $2,000 |
| Make-A-Wish Addison, TX | Mission related activities | $4,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| David Hoover | President | 10 | — |
| Michele Hoover | Secretary Treasurer | 5 | — |
| Jordan Hoover | Vice President | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Hoover Family Foundation?
The Hoover Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IRVING, TX. It holds $227K in total assets as of 2024.
How large is The Hoover Family Foundation?
As of 2024, The Hoover Family Foundation holds $227K in total assets with $13K in annual revenue. It awarded 7 grants totaling $20K in 2024.
Where does The Hoover Family Foundation operate?
The Hoover Family Foundation has awarded grants in Oklahoma, Pennsylvania, Tennessee, Texas.
What size grants does The Hoover Family Foundation award?
In 2024, The Hoover Family Foundation awarded 7 grants totaling $20K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Hoover Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hoover Family Foundation reported a distributable amount of $16K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Hoover Family Foundation's EIN?
The Hoover Family Foundation's EIN (Employer Identification Number) is 26-1605166. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hoover Family Foundation'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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