The Hovey Foundation

Foundation · Grantmaker 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.

Key facts about The Hovey Foundation

EIN: 23-2544450
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $445,000
Grants made (2024): 19
Average grant: $23,421
Median grant: $5,000
Total assets: $3,868,435
Primary geography: Pennsylvania (42% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated June 2026.

Who The Hovey Foundation funds

By grant dollars, the top recipient states for The Hovey Foundation's 19 itemized 2024 grants were Pennsylvania (42%), New York (40%) and Florida (16%). The most frequent recipient cities were Philadelphia, PA (5 grants) and Naples, FL (3 grants). 100% of grants with a stated purpose were for general or operating support.

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

+0.0% YoY

Avg Grant Size

$23K

-2.4% YoY

Under IRS private-foundation payout rules, The Hovey Foundation reported a distributable amount of $223K for 2024 — the minimum it must pay out in qualifying distributions.

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.

Your AI grants department

Ready to take the next step with The Hovey Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

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

Pennsylvania $187K (42%)

New York $180K (40%)

Florida $70K (16%)

Virginia $9K (2%)

Texas $1K (0%)

Share of all 19 itemized 2024 grant dollars.

States

District of Columbia Florida Indiana Minnesota New York Oregon Pennsylvania Texas Virginia Wyoming

Cities

PhiladelphiaNaplesMiamiRydalDresdenImmokaleeLafayetteNew YorkFort MyersIthacaSan AntonioStaten IslandFort WayneNorth Palm BeachVirginia BeachHammondsportLanderMinneapolisPensacolaSisters

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

Metric	2024	2023	2022
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

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

96 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Finger Lakes Land Trust ($174,000), Eisenhower Fellowships ($150,000), Wills Eye Foundation ($25,000).

Recipient	Purpose	Amount
FINGER LAKES LAND TRUST ITHACA, NY	GENERAL OPERATING	$174,000
EISENHOWER FELLOWSHIPS PHILADELPHIA, PA	GENERAL OPERATING	$150,000
WILLS EYE FOUNDATION PHILADELPHIA, PA	GENERAL OPERATING	$25,000
GUADALUPE CENTER IMMOKALEE, FL	GENERAL OPERATING	$25,000
BASCOM PALMER EYE INSTITUTE MIAMI, FL	GENERAL OPERATING	$20,000
BELLE MENTE QUANTUM RACING ASSN PENSACOLA, FL	GENERAL OPERATING	$10,000
THE NAVY SEAL FOUNDATION VIRGINIA BEACH, VA	GENERAL OPERATING	$8,500
NCH CENTER FOR PHILANTHROPY NAPLES, FL	GENERAL OPERATING	$7,500
SPRINGSIDE CHESTNUT HILL ACADEMY PHILADELPHIA, PA	GENERAL OPERATING	$5,000
NEIGHBORHOOD HEALTH CLINIC NAPLES, FL	GENERAL OPERATING	$5,000

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

Name	Title	Hours	Compensation
JAMES HOVEY	TRUSTEE	—	—
CAROL A HOVEY	OFFICER	—	—
BROOKE HOVEY	OFFICER	—	—
CHRISTIAN HOVEY	OFFICER	—	—

Frequently Asked Questions

What does The Hovey Foundation fund?

The foundation concentrates its grantmaking in the following areas: • Education • Health • Diseases and conditions • Human services

How do I apply for a grant from The Hovey Foundation?

Where does The Hovey Foundation make grants?

The Hovey Foundation supports projects across multiple regions, including: • Washington, D.C. • Florida • New York • Pennsylvania • Texas • Virginia • Wyoming

What size grants does The Hovey Foundation award?

In 2024, The Hovey Foundation awarded 19 grants totaling $445K — an average of about $23K per grant, based on its IRS Form 990 filings.

How much is The Hovey Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Hovey Foundation reported a distributable amount of $223K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.