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Private foundation (trust)EIN 854041310Est. 2021-03

HOVEIDA FAMILY FOUNDATION

BAINBRIDGE ISLAND, WA 98110

Total Assets

$63.9M

FY 2023

Annual Giving

$3.3M

FY 2023

Grants Made

30

FY 2023

Avg Grant

$112K

FY 2023

Grant Range

$1K–$2M

Typical

Deadlines

Applications

Programs & Activities

Program 1

$156K

Dedicate to the promotion of scientific and engineering education and research to make the world a better place for all humanity and all living things.

Focus Areas

Private Independent Foundations

Financial Snapshot

2023 filing

Total Revenue

$870K

Total Expenses

$3.8M

Qualifying Distributions

$3.5M

Distributable Amount

$3.1M

Min. Investment Return

$3.1M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

30 grants

Grant sizes from minimum $1K through median $23K to maximum $2M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

2 years

Giving over time from 2022 to 2023. Peak $4.0M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

37 grants

MAYO CLINIC
$4M
2 grants
HILO MEDICAL CENTER FOUNDATION
$1M
1 grant
PBS FOUNDATION
$500K
1 grant
UNIVERSITY OF WASHINGTON FOUNDATION
$500K
1 grant
IEEE FOUNDATION
$250K
1 grant
UNIVERSITY OF ILLINOIS FOUNDATION
$250K
1 grant
INSTITUTE OF ELECTRICAL AND ELECTRONICS ENGINEERS INC DBA IEEE
$250K
1 grant
FIREFLY SISTERHOOD
$79K
2 grants

Grant Size Distribution

37 grants

<$10K
3
grants
$10–50K
26
grants
$50–250K
3
grants
$250K–1M
3
grants
$1–5M
2
grants
$5M+

Geographic Focus

14 states

Minnesota
$4.2M
57% of total
Hawaii
$1.1M
15% of total
Washington
$590K
8% of total
Virginia
$500K
7% of total
New Jersey
$500K
7% of total
Illinois
$300K
4% of total
California
$41K
1% of total
Michigan
$25K
0% of total
District of Columbia
$25K
0% of total
New York
$25K
0% of total

+4 more states

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HOVEIDA FAMILY FOUNDATION — Grants, Financials & Contact | Grantivo