The Michael F & Joan G Hoben

VERO BEACH, FL EIN: 10-6001275

The Michael F & Joan G Hoben is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 7 grants totaling $56K. Net investment income was $43K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$74K

-14.6% YoY

Annual Giving

$56K

+760.8% YoY

Grant Count

7

+40.0% YoY

Avg Grant Size

$8K

+514.8% YoY

About The Michael F & Joan G Hoben

Based on IRS filings

The Michael F & Joan G Hoben is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VERO BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $74K in total assets. In 2024, it awarded 7 grants totaling $56K. Net investment income was $43K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

DarienIndian River ShoresNashvilleNew YorkStamfordTopekaTrumbullVero BeachWallingfordWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$16K$32K$48K$64K20202021202220232024
Metric202420232022
Total Assets$73,663$86,259$90,262
Revenue$45,328$4,171$6,370
Expenses$57,924$8,174$12,604
Qualifying Distributions$55,950$6,500$10,900
Net Investment Income$43,368$2,506$4,772
Distributable Amount$9,670$10,423$9,742

Giving Over Time

Total grant dollars and number of grants per year

$0$14K$28K$42K$56K10 grants202012 grants20217 grants20225 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

VERO BEACH MUSEUM OF ART$40KDIOCESE OF BRIDGEPORT$12KGIFFORD YOUTH ACHIEVEMEN…$2KINDIAN RIVER LAND TRUST$500VNA & HOSPICE FOUNDATION$500WOUNDED WARRIOR PROJECT$500HOSPITAL FOR SPECIAL SUR…$250

Grant Size Distribution

41 grants across all recorded years

41<$50K$50–100K$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

From 2024 filing

NameTitleHoursCompensation
MICHAEL F HOBENTRUSTEE
JOAN G HOBENTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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