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W Henry Hoover Trust Fund 2842 is a private trust based in BROOKLYN, OH. The foundation received its IRS ruling in 1967. The principal officer is Keybank Na Trustee. It holds total assets of $3.7M. Annual income is reported at $1.4M. Total assets have grown from $2.6M in 2011 to $3.7M in 2023. The foundation is governed by 4 officers and trustees. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Ohio. According to available records, W Henry Hoover Trust Fund 2842 has made 109 grants totaling $1.3M, with a median grant of $10K. Annual giving has grown from $296K in 2020 to $685K in 2022. Individual grants have ranged from $2K to $55K, with an average award of $12K. The foundation has supported 45 unique organizations. The foundation primarily supports organizations in Ohio, Virginia, Missouri, which account for 87% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$8K
Average Grant
$11K
Largest Grant
$50K
Based on 26 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.
W Henry Hoover Trust Fund 2842 is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 109 grants. Its grantmaking reaches organizations primarily in OH, VA, MO.
W Henry Hoover Trust Fund 2842 has distributed a total of $1.3M across 109 grants. The median grant size is $10K, with an average of $12K. Individual grants have ranged from $2K to $55K.
The application deadline is NONE 501(C)(3) ORGANIZATIONS WITH CHARITABLE,. Religious, or educational purposes.
W Henry Hoover Trust Fund 2842 is headquartered in BROOKLYN, OH. While based in OH, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Keybank N A | TRUSTEE | $21K | $0 | $21K |
| Charles H Hoover | GRANT COMMITTEE MEMBER | $0 | $0 | N/A |
| Lawrence R Hoover | GRANT COMMITTEE MEMBER | $0 | $0 | N/A |
| Timothy Hoover | GRANT COMMITTEE MEMBER | $0 | $0 | N/A |
Total Giving
$414K
Total Assets
$3.7M
Fair Market Value
$7.2M
Net Worth
$3.7M
Grants Paid
$367K
Contributions
N/A
Net Investment Income
$123K
Distribution Amount
$344K
Total Grants
109
Total Giving
$1.3M
Average Grant
$12K
Median Grant
$10K
Unique Recipients
45
Most Common Grant
$10K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Palace TheatreGENERAL OPERATING | Canton, OH | $5K | 2022 |
| United Way WorldwideGENERAL OPERATING | Alexandria, VA | $55K | 2022 |
| Arts In StarkGENERAL OPERATING | Canton, OH | $40K | 2022 |
| Ohio Wesleyan UniversityGENERAL OPERATING | Delaware, OH | $25K | 2022 |
| Canton Symphony Orchestra AssociationGENERAL OPERATING | Canton, OH | $20K | 2022 |
| Fellowship Of Christian AthletesGENERAL OPERATING | Kansas City, MO | $16K | 2022 |
| Boy Scouts Of AmericaGENERAL OPERATING | Irving, TX | $15K | 2022 |
| Pathway Caring For ChildrenGENERAL OPERATING | Canton, OH | $12K | 2022 |
| Planned Parenthood Of Stark CountyGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Young Life Of Stark CountyGENERAL OPERATING | North Canton, OH | $10K | 2022 |
| Stark County Hunger Task ForceGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Canton Museum Of ArtGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Mckinley MuseumGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Wilderness Center IncGENERAL OPERATING | Wilmot, OH | $10K | 2022 |
| Pregnancy And Parenting CenterGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Jrc Learning CenterGENERAL OPERATING | Canton, OH | $10K | 2022 |
| Akroncanton Regional FoodbankGENERAL OPERATING | Akron, OH | $8K | 2022 |
| The Salvation ArmyGENERAL OPERATING | Alexandria, VA | $8K | 2022 |
| Pegasus FarmGENERAL OPERATING | Hartville, OH | $8K | 2022 |
| Duke UniversityGENERAL OPERATING | Durham, NC | $8K | 2022 |
| Carnegie Mellon UniversityGENERAL OPERATING | Pittsburgh, PA | $8K | 2022 |
| Malone UniversityGENERAL OPERATING | Canton, OH | $8K | 2022 |
| American Red CrossGENERAL OPERATING | Bangor, ME | $6K | 2022 |
| North Canton Public LibraryGENERAL OPERATING | North Canton, OH | $5K | 2022 |
| YmcaGENERAL OPERATING | Washington, DC | $5K | 2022 |
| Early Childhood Resource CenterGENERAL OPERATING | Cleveland, OH | $5K | 2022 |