//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Hoops Family Foundation Inc. is a private corporation based in MILTON, WV. The foundation received its IRS ruling in 2004. The principal officer is Foundation Source. It holds total assets of $238K. Annual income is reported at $419K. Total assets have decreased from $1.9M in 2011 to $194K in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in West Virginia and Tennessee. According to available records, Hoops Family Foundation Inc. has made 12 grants totaling $62K, with a median grant of $1K. Annual giving has grown from $16K in 2020 to $24K in 2023. Individual grants have ranged from $700 to $13K, with an average award of $5K. The foundation has supported 6 unique organizations. Grants have been distributed to organizations in West Virginia and Tennessee. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$4K
Largest Grant
$11K
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.
Hoops Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 12 grants. Its grantmaking reaches organizations primarily in WV, TN.
Hoops Family Foundation Inc. has distributed a total of $62K across 12 grants. The median grant size is $1K, with an average of $5K. Individual grants have ranged from $700 to $13K.
Hoops Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Hoops Family Foundation Inc. is headquartered in MILTON, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffery A Hoops Sr | PRESIDENT | $0 | $0 | N/A |
| Patricia A Hoops | VICE PRESIDE | $0 | $0 | N/A |
| Brent T Walls | CFO | $0 | $0 | N/A |
Total Giving
$26K
Total Assets
$194K
Fair Market Value
$2K
Net Worth
$194K
Grants Paid
$24K
Contributions
N/A
Net Investment Income
$6K
Distribution Amount
$11K
Total: N/A
Total Grants
12
Total Giving
$62K
Average Grant
$5K
Median Grant
$1K
Unique Recipients
6
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Thunder Trust Foundation IncNIL PROGRAM | Huntington, WV | $12K | 2023 |
| Kids Of Harmony PreschoolINDOOR PLAYGROUND AREA | Beaver, WV | $12K | 2023 |
| Independent Baptist Mission (Wv)MINISTRY OF DOUG MCCOMAS - HC63 | Red House, WV | $7K | 2022 |
| Charleston Mountain Mission ChurchGENERAL FUND | Charleston, WV | $1K | 2022 |
| Doe River Gorge MinistriesGENERAL FUND | Elizabethton, TN | $700 | 2022 |
| Appalachian Bible College IncGENERAL FUND | Mount Hope, WV | $700 | 2022 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV