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 Wisconsin.
| Position | Total |
|---|---|
Executive Director Median to 75th percentile | $140k $151k |
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 2 unpaid individuals.
Browse compensation in Philanthropy, Voluntarism & Grantmaking →
Top pay as a share of expenses
In 2024, the highest total compensation at THE ERIC D & STEVEN D HOVDE FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
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
$1.5M
Itemized grants
20
Median grant
$25k
| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| MANY HOPES | BRONXVILLE, NY | GENERAL CONTRIBUTION TO MANY HOPES IN SUPPORT OF OTHER PARTNERS IN SEVERAL COUNTRIES | $931k |
| HOGAR DE NINOS ALALAY | BL | HOVDE HOUSE BOLIVIA | $115k |
| POTHAWIRA INTERNATIONAL | SPRING, TX | SUPPORT INITIATIVES FOR WOMEN & CHILDREN IN MALAWI, HOVDE HOME COSTS | $100k |
| CONSULTORES EMPRESARIALES | CS | HOVDE HOME COSTA RICA OPERATIONS | $84k |
| ASOCIACION NUEVO AMANECER JUNTOS | PE | HOVDE HOUSE PERU - OPERATIONS | $54k |
| HOPE FOR LIFE | SEATTLE, WA | YOUTH IN RWANDA WITH HOLISTIC, FAMILY-CENTERED & TRAUMA INFORMED INTERVENTIONS TO ESCAPE HOMELESSNESS | $50k |
| THORN | EL SEGUNDO, CA | SECOND DISBURSEMENT OF 5 YEAR COMMITMENT OF $250,000 | $50k |
| NATIONAL MULTIPLE SCLEROSIS SOCIETY | HARTLAND, WI | 2024 CONTRIBUTION | $33k |
| BETHEL HORIZONS FOUNDATION INC | MADISON, WI | 2024 CONTRIBUTION | $25k |
| SHELTER FROM THE STORM MINISTRIES | SUN PRAIRIE, WI | GRANT FOR FLOORING PROJECT | $25k |
| AKOLA ACADEMY | DALLAS, TX | 2024 CONTRIBUTION | $25k |
| CLEAN LAKES ALLIANCE | MADISON, WI | TABLE SPONSORSHIP FOR ANNUAL MEETING | $15k |
| THE ROAD HOME OF DANE COUNTY | MADISON, WI | 2023 AND 2024 PLEDGES | $10k |
| BELOVED ASHVILLE | ASHEVILLE, NC | 2024 CONTRIBUTION | $5k |
| JOEY'S SONG | SUN PRAIRIE, WI | 2024 CONTRIBUTION | $4k |
| ESCUELA DE LA CALLE | GT | GUATEMALA OPERATING EXPENSES | $3k |
| HOVDE PROPERTIES LLC | MADISON, WI | IN KIND DONATION OF OPERATION EXPENSES | $2k |
| CRF ROJAS | BL | LEGAL FEES RELATED TO HOVDE HOME BOLIVIA | $2k |
| JUNIOR ACHIEVEMENT OF WISCONSIN | MONONA, WI | 2022-23 DANE AREA CORPORATE CAMPAIGN | $1k |
| SHELTER FROM THE STORM MINISTRIES | SUN PRAIRIE, WI | IN KIND DONATION OF SUPPLIES | $755 |
Held roughly steady
over 2 years
From $138k in 2022 to $140k in 2024.
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.
Chief Executive Officer pay rose 1% from 2022 to 2024, while revenue fell 75%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), 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.
Common questions about THE ERIC D & STEVEN D HOVDE FOUNDATION
What does the Chief Executive Officer of THE ERIC D & STEVEN D HOVDE FOUNDATION earn?
In 2024, the Chief Executive Officer of THE ERIC D & STEVEN D HOVDE FOUNDATION received $140,022 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, within the top half of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE ERIC D & STEVEN D HOVDE FOUNDATION compare with similar nonprofits?
Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Wisconsin, the 2024 pay of the Chief Executive Officer at THE ERIC D & STEVEN D HOVDE FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at THE ERIC D & STEVEN D HOVDE FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.
What are THE ERIC D & STEVEN D HOVDE FOUNDATION's revenue and expenses?
In 2024, THE ERIC D & STEVEN D HOVDE FOUNDATION reported $482k in total revenue and $2M in total expenses on its IRS Form 990.
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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.
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