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Filing year 2024

HOOVER FOUNDATION INCOME ACCOUNT

Columbus, Ohio·EIN 34-6510994·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$6.1M
Total assets
$39.3M
Total expenses
$4.1M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio.

Trustee
Board Member
Above 90th percentile
$188k
$202k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at HOOVER FOUNDATION INCOME ACCOUNT equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$3.7M

Itemized grants

62

Median grant

$25k

RecipientLocationPurposeAmount
STARK COMMUNITY FOUNDATION INCCANTON, OHGENERAL OPERATING$1M
ARTS IN STARKCANTON, OHGENERAL OPERATING$375k
UNITED WAY WORLDWIDEALEXANDRIA, VAGENERAL OPERATING$315k
COMMQUESTCOLUMBUS, OHGENERAL OPERATING$200k
CANTON PALACE THEATRECANTON, OHGENERAL OPERATING$150k
CANTON FOR ALL PEOPLECANTON, OHGENERAL OPERATING$150k
STARK EDUCATION PARTNERSHIPCOLUMBUS, OHGENERAL OPERATING$87k
AKRON CHILDRENS HOSPITAL FOUNDATIONAKRON, OHGENERAL OPERATING$80k
LOUISVILLE PUBLIC LIBRARYLOUISVILLE, KYGENERAL OPERATING$75k
COMMUNITY BUILDING PARTNERSHIPCOLUMBUS, OHGENERAL OPERATING$75k
BEACON CHARITABLE PHARMACYCOLUMBUS, OHGENERAL OPERATING$75k
OHIO FOUNDATION OF INDEPENDENTCOLUMBUS, OHGENERAL OPERATING$65k
THE HOOVER FOUNDATIONCOLUMBUS, OHGENERAL OPERATING$55k
CANTON SYMPHONY ORCHESTRACOLUMBUS, OHGENERAL OPERATING$55k
YMCAWASHINGTON, DCGENERAL OPERATING$50k
STARK COMMUNITY SUPPORT NETWORKCANTON, OHGENERAL OPERATING$47k
STARK ECONOMIC DEVELOPMENT BOARDCOLUMBUS, OHGENERAL OPERATING$41k
SHIPLEY CHILD HEALTH CLINICCANTON, OHGENERAL OPERATING$40k
PEGASUS FARM MILITARY AND FIRSTHARTVILLE, OHGENERAL OPERATING$40k
MALONE UNIVERSITYCANTON, OHGENERAL OPERATING$36k
HAMMER & NAILSCOLUMBUS, OHGENERAL OPERATING$36k
TRICOUNTY JOBS FOR OHIOS GRADUATESAKRON, OHGENERAL OPERATING$35k
CANTON MUSEUM OF ARTCANTON, OHGENERAL OPERATING$35k
TURNING POINT OF STARK COUNTYCOLUMBUS, OHGENERAL OPERATING$35k
BEECH CREEK BOTANICAL GARDENALLIANCE, OHGENERAL OPERATING$32k
Compare this foundation's grantees

Up 12%
from 2023

From $168k in 2023 to $188k in 2024.

$168k
2023
$188k
2024
In today's dollarsEst.
Up 9% in real terms$185k to $202k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 12% from 2023 to 2024, while revenue rose 98%.

$168k in 2023 to $188k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about HOOVER FOUNDATION INCOME ACCOUNT

What does the Board Member of HOOVER FOUNDATION INCOME ACCOUNT earn?

In 2024, the Board Member of HOOVER FOUNDATION INCOME ACCOUNT received $187,762 in total compensation. This pay is in the top 10% for Board Member roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at HOOVER FOUNDATION INCOME ACCOUNT compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2024 pay of the Board Member at HOOVER FOUNDATION INCOME ACCOUNT falls in the top 10%. In 2024, the highest total compensation at HOOVER FOUNDATION INCOME ACCOUNT equaled 5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are HOOVER FOUNDATION INCOME ACCOUNT's revenue and expenses?

In 2024, HOOVER FOUNDATION INCOME ACCOUNT reported $6.1M in total revenue and $4.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.