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The Hovey Foundation is a private trust based in PITTSBURGH, PA. The foundation received its IRS ruling in 1989. It holds total assets of $3.9M. Annual income is reported at $2.5M. Total assets have grown from $1.5M in 2011 to $3.9M in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Pennsylvania, Florida and New York. According to available records, The Hovey Foundation has made 101 grants totaling $1.2M, with a median grant of $3K. Annual giving has grown from $241K in 2021 to $456K in 2023. Grantmaking activity was highest in 2022 with $537K distributed across 60 grants. Individual grants have ranged from $250 to $300K, with an average award of $12K. The foundation has supported 29 unique organizations. The foundation primarily supports organizations in Pennsylvania, Florida, New York, which account for 89% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$300
Median Grant
$3K
Average Grant
$19K
Largest Grant
$200K
Based on 16 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.
The Hovey Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 101 grants. Its grantmaking reaches organizations primarily in PA, FL, NY.
The Hovey Foundation has distributed a total of $1.2M across 101 grants. The median grant size is $3K, with an average of $12K. Individual grants have ranged from $250 to $300K.
The Hovey Foundation typically selects its grantees rather than accepting unsolicited proposals.
The Hovey Foundation is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Carol A Hovey | OFFICER | $0 | $0 | N/A |
| Christian Hovey | OFFICER | $0 | $0 | N/A |
| James Hovey | TRUSTEE | $0 | $0 | N/A |
| Brooke Hovey | OFFICER | $0 | $0 | N/A |
Total Giving
$489K
Total Assets
$3.9M
Fair Market Value
$4.5M
Net Worth
$3.9M
Grants Paid
$456K
Contributions
N/A
Net Investment Income
$198K
Distribution Amount
$218K
Total Grants
101
Total Giving
$1.2M
Average Grant
$12K
Median Grant
$3K
Unique Recipients
29
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Eisenhower FellowshipsGENERAL OPERATING | Philadelphia, PA | $300K | 2023 |
| University Of PennsylvaniaGENERAL OPERATING | Philadelphia, PA | $69K | 2023 |
| Guadalupe CenterGENERAL OPERATING | Immokalee, FL | $25K | 2023 |
| Wills Eye FoundationGENERAL OPERATING | Philadelphia, PA | $25K | 2023 |
| Bascom Palmer Eye InstituteGENERAL OPERATING | Miami, FL | $10K | 2023 |
| Nch Center For PhilanthropyGENERAL OPERATING | Naples, FL | $8K | 2023 |
| Neighborhood Health ClinicGENERAL OPERATING | Naples, FL | $5K | 2023 |
| Morris ArboretumGENERAL OPERATING | Philadelphia, PA | $3K | 2023 |
| The Navy Seal FoundationGENERAL OPERATING | Virginia Beach, VA | $3K | 2023 |
| Springside Chestnut Hill AcademyGENERAL OPERATING | Philadelphia, PA | $2K | 2023 |
| Tunnel To Towers FoundationGENERAL OPERATING | Staten Island, NY | $1K | 2023 |
| Matthew'S Mindful MomentGENERAL OPERATING | Rydal, PA | $1K | 2023 |
| Save A Mind (Sam) Elimu CharityGENERAL OPERATING | Philadelphia, PA | $1K | 2023 |
| Operation HomefrontGENERAL OPERATING | San Antonio, TX | $1K | 2023 |
| National Outdoor Leadership SchoolGENERAL OPERATING | Lander, WY | $1K | 2023 |
| Friends Of The OutletGENERAL OPERATING | Dresden, NY | $1K | 2023 |
| Finger Lakes Boating MuseumGENERAL OPERATING | New York, NY | $500 | 2023 |
| Apopo Us IncGENERAL OPERATING | Washington, DC | $500 | 2023 |
| Whitemarsh FoundationGENERAL OPERATING | Lafayette, PA | $500 | 2023 |
| Philadelphia Museum Of ArtGENERAL OPERATING | Philadelphia, PA | $3K | 2022 |
| The Barnes FoundationGENERAL OPERATING | Philadelphia, PA | $3K | 2022 |