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Also known as: % DARREL MORF SIMMONS PERRINE
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Herbert Hoover Foundation Inc. is a private corporation based in CEDAR RAPIDS, IA. The foundation received its IRS ruling in 1960. The principal officer is Darrel Morf Simmoms Perrine. It holds total assets of $5M. Annual income is reported at $296K. Total assets have grown from $3.7M in 2011 to $4.8M in 2023. The foundation is governed by 10 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York, California and Iowa. According to available records, Herbert Hoover Foundation Inc. has made 12 grants totaling $952K, with a median grant of $100K. The foundation has distributed between $220K and $512K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $512K distributed across 6 grants. Individual grants have ranged from $15K to $141K, with an average award of $79K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Iowa and California and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$41K
Median Grant
$81K
Average Grant
$68K
Largest Grant
$81K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Herbert Hoover Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in IA, CA, NY.
Herbert Hoover Foundation Inc. has distributed a total of $952K across 12 grants. The median grant size is $100K, with an average of $79K. Individual grants have ranged from $15K to $141K.
Herbert Hoover Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Herbert Hoover Foundation Inc. is headquartered in CEDAR RAPIDS, IA. While based in IA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Darrel Morf | Executive Direc | $20K | $0 | $22K |
| Robert J Swain | Trustee | $0 | $0 | N/A |
| Allan Hoover Iii | V-PRES/TRUSTEE | $0 | $0 | N/A |
| Charles G Palm | Trustee | $0 | $0 | N/A |
| Jeremiah Milbank Iii | Trustee | $0 | $0 | N/A |
| Paul L Davies Iii | CHAIR/PRES/TRST | $0 | $0 | N/A |
| Roderick W Shepard | V-PRES/TRUSTEE | $0 | $0 | N/A |
| Haig Mardikian | SEC/TREAS/TRSTE | $0 | $0 | N/A |
| Margaret Hoover | Trustee | $0 | $0 | N/A |
| Wendy H Borcherdt | Trustee | $0 | $0 | N/A |
Total Giving
$258K
Total Assets
$4.8M
Fair Market Value
$4.8M
Net Worth
$4.8M
Grants Paid
$220K
Contributions
N/A
Net Investment Income
$639K
Distribution Amount
$221K
Total: $4.4M
Total Grants
12
Total Giving
$952K
Average Grant
$79K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hoover Presidential FoundationGENERAL OPERATING BUDGET $5,000, AND CAPITAL CAMPAIGN $100,000. | West Branch, IA | $105K | 2023 |
| Hoover InstitutionHERBERT HOOVER FOUNDATION PENDING FUND | Stanford, CA | $100K | 2023 |
| Boys Girls Clubs Of AmericaGENERAL OPERATING BUDGET | New York, NY | $15K | 2023 |