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John D & Edna A Hofer Trust is a private trust based in MITCHELL, SD. The foundation received its IRS ruling in 2008. The principal officer is Fnn Trust Company LLC. It holds total assets of $19.8M. Annual income is reported at $5.3M. Total assets have grown from $13.8M in 2011 to $18.7M in 2023. The foundation is governed by 1 officer or trustee. 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 2016 to 2023. The foundation primarily funds organizations in South Dakota and Nebraska. According to available records, John D & Edna A Hofer Trust has made 28 grants totaling $3.8M, with a median grant of $111K. Annual giving has grown from $885K in 2020 to $2M in 2022. Individual grants have ranged from $58K to $214K, with an average award of $136K. The foundation has supported 7 unique organizations. Grants have been distributed to organizations in South Dakota and Nebraska. Contributions to this foundation are tax-deductible.
Smallest Grant
$60K
Median Grant
$112K
Average Grant
$141K
Largest Grant
$214K
Based on 7 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.
John D & Edna A Hofer Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 28 grants. Its grantmaking reaches organizations primarily in SD, NE.
John D & Edna A Hofer Trust has distributed a total of $3.8M across 28 grants. The median grant size is $111K, with an average of $136K. Individual grants have ranged from $58K to $214K.
John D & Edna A Hofer Trust typically selects its grantees rather than accepting unsolicited proposals.
John D & Edna A Hofer Trust is headquartered in MITCHELL, SD. While based in SD, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fnn Trust Company Llc | TRUSTEE | $114K | $0 | $114K |
Total Giving
$931K
Total Assets
$18.7M
Fair Market Value
$18.7M
Net Worth
$18.7M
Grants Paid
$809K
Contributions
N/A
Net Investment Income
$525K
Distribution Amount
$856K
Total: $13.9M
Total Grants
28
Total Giving
$3.8M
Average Grant
$136K
Median Grant
$111K
Unique Recipients
7
Most Common Grant
$60K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyDONATION | Omaha, NE | $214K | 2022 |
| Union Gospel MissionDONATION | Sioux Falls, SD | $210K | 2022 |
| Bethany Mennonite ChurchDONATION | Freeman, SD | $203K | 2022 |
| Goodwill IndustriesDONATION | Sioux Falls, SD | $112K | 2022 |
| Salem Mennonite Breth ChuDONATION | Bridgewater, SD | $100K | 2022 |
| St Vincent Depaul Of SiouDONATION | Sioux Falls, SD | $90K | 2022 |
| Parkston Gongregational ChurchDONATION | Parkston, SD | $60K | 2022 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD