The Hovey Foundation

PITTSBURGH, PA EIN: 23-2544450

The Hovey Foundation is a Pittsburgh-based philanthropic organization dedicated to supporting initiatives across multiple sectors. The foundation operates as a private foundation with a focus on making meaningful contributions to communities across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.9M

-1.9% YoY

Annual Giving

$445K

-2.4% YoY

Grant Count

19

+0.0% YoY

Avg Grant Size

$23K

-2.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation concentrates its grantmaking in the following areas:

  • Education
  • Health
  • Diseases and conditions
  • Human services

Grantmaking

The foundation reported expenses of $488,744 in the past year with revenue of $217,841. While specific grant size data is not detailed in available sources, the foundation supports projects across various U.S. cities and states.

Grant Range

data is not detailed in available sources, the foundation supports projects across various U.S. cities and states.

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Geographic Focus

Where this funder awards grants

The Hovey Foundation supports projects across multiple regions, including:

  • Washington, D.C.
  • Florida
  • New York
  • Pennsylvania
  • Texas
  • Virginia
  • Wyoming

Grant Distribution by State

10states
+2 more states

Cities

DresdenFort MyersFort WayneHammondsportImmokaleeIthacaLafayetteLanderMiamiMinneapolisNaplesNew YorkNorth Palm BeachPensacolaPhiladelphiaRydalSan AntonioSistersStaten IslandVirginia Beach

Financial History

Multi-year comparison from IRS filings

  • Total Assets: $3,943,084
  • Annual Expenses: $488,744
  • Annual Revenue: $217,841
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$134K$269K$403K$538K20202021202220232024
Metric202420232022
Total Assets$3,868,435$3,943,084$4,210,682
Revenue$410,334$217,841$115,300
Expenses$480,526$488,744$216,304
Qualifying Distributions$457,521$468,544$191,206
Net Investment Income$387,130$198,049$94,672
Distributable Amount$223,332$218,084$230,883

Giving Over Time

Total grant dollars and number of grants per year

$0$114K$228K$342K$456K16 grants202022 grants202120 grants202219 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FINGER LAKES LAND TRUST$174KEISENHOWER FELLOWSHIPS$150KWILLS EYE FOUNDATION$25KGUADALUPE CENTER$25KBASCOM PALMER EYE INSTIT…$20KBELLE MENTE QUANTUM RACI…$10KTHE NAVY SEAL FOUNDATION$9KNCH CENTER FOR PHILANTHR…$8KSPRINGSIDE CHESTNUT HILL…$5KNEIGHBORHOOD HEALTH CLINIC$5K

Grant Size Distribution

96 grants across all recorded years

87<$50K5$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation's leadership structure includes:

  • James Hovey — Trustee
  • Carol A. Hovey — Officer
  • Brooke Hovey — Officer
  • Christian Hovey — Officer

All officers serve without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES HOVEYTRUSTEE
CAROL A HOVEYOFFICER
BROOKE HOVEYOFFICER
CHRISTIAN HOVEYOFFICER

Related Funders

Similar funders by location and focus area

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

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