Funder DirectoryTHE ERIC D & STEVEN D HOVDE FOUNDATION
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Private foundation (trust)EIN 522107093Est. 1999-07

THE ERIC D & STEVEN D HOVDE FOUNDATION

MADISON, WI 53703

Total Assets

$7.0M

FY 2024

Annual Giving

$1.5M

FY 2024

Grants Made

20

FY 2024

Avg Grant

$77K

FY 2024

Grant Range

$755–$931K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$931K

Many hopes - many hopes rescues children from oppression and equips them to become adults of influence who pursue justice on behalf of others-creating a ripple effect of impact. Through partnerships in six countries, they support children through all six stages of their arc to influence child development model. In 2024, over 1,155 children benefited from their programs.

Program 2

$117K

Bolivia hovde house - our partner, alalay, provides holistic care and education for street children. The home serves 30 abandoned and abused girls who were rescued from living and working on the streets of la paz and el alto. This year, the hovde foundation supported the home's general operating expenses.

Program 3

$100K

Malawi hovde house - our partner in malawi, pothawira, provides comprehensive and affordable healthcare, education, and orphan care to support the surrounding community. In 2024, the hovde foundation funded operational expenses for the orphan care program, which served 123 children. Additional funding supported the renovation and construction of a transition home for older youth needing continued support as they graduate from high school and prepare for independent adulthood.

Program 4

$471K

Cost rica hovde house - face of justice works to end child trafficking and commercial sexual exploitation through prevention, intervention, and restoration programs. The organization operates a temporary shelter for 24 girls rescued from exploitation. In 2024, the hovde foundation funded the continued construction of a new, permanent home to provide long-term care for these girls.

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2024 filing

Total Revenue

$482K

Total Expenses

$2.0M

Qualifying Distributions

$1.8M

Distributable Amount

$334K

Min. Investment Return

$339K

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

20 grants

Grant sizes from minimum $755 through median $25K to maximum $931K, 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

5 years

Giving over time from 2020 to 2024. Peak $3.9M in 2022. Hover bars for details.

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

Top Recipients

98 grants

MANY HOPES
$4.6M
6 grants
ASOCIACION NUEVO AMANECER JUNTOS
$1.1M
6 grants
HOGAR DE NINOS ALALAY
$744K
6 grants
Challenging Heights
$512K
5 grants
HOPE FOR LIFE
$474K
6 grants
POTHAWIRA INTERNATIONAL
$243K
6 grants
THORN
$150K
4 grants
Salvation Army
$150K
1 grant

Grant Size Distribution

98 grants

<$10K
31
grants
$10–50K
38
grants
$50–250K
25
grants
$250K–1M
2
grants
$1–5M
2
grants
$5M+

Geographic Focus

8 states

New York
$4.5M
71% of total
Wisconsin
$763K
12% of total
Washington
$474K
8% of total
Texas
$268K
4% of total
California
$150K
2% of total
Massachusetts
$125K
2% of total
Delaware
$62K
1% of total
North Carolina
$10K
0% of total

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THE ERIC D & STEVEN D HOVDE FOUNDATION — Grants, Financials & Contact | Grantivo