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Filing year 2023

THE H HOVNANIAN FAMILY FOUNDATION INC

Tinton Falls, New Jersey·EIN 59-2714390·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$11.9M
Total assets
$206M
Total expenses
$14.1M
Reported officers
5

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

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

President
Board President
75th to 90th percentile
$156k
$175k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 4 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE H HOVNANIAN FAMILY FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
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 2023 Form 990-PF, Part XV.

Total granted

$9.8M

Itemized grants

102

Median grant

$10k

RecipientLocationPurposeAmount
VILLANOVA UNIVERSITYVILLANOVA, PAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$2M
BIRTHRIGHT ARMENIAWYNNEWOOD, PAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$1.1M
HACKENSACK MERIDIAN HEALTH FOUNDATIONEDISON, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$1M
HOVNANIAN SCHOOL INCNEW MILFORD, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$1M
ARMENIA SME FUNDLUXEMBOURG, LUUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$901k
RIVERVIEW MEDICAL CENTER FOUNDATION CO HACKENSACK MERIDIAN HEALTH INCNEPTUNE, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$750k
REPAT ARMENIA FOUNDATIONYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$308k
NOYEMBERYAN MUNICIPALITY - RA TAVUSH REGION NOYEMBERYAN COMMUNITYNOYEMBERYAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$286k
IJEVAN MUNICIPALITY - RA TAVUSH REGION IJEVAN COMMUNITYIJEVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$212k
RUMSON COUNTRY DAY SCHOOLRUMSON, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$210k
OCEAN COUNTY COLLEGE FOUNDATIONTOMS RIVER, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$178k
IJEVAN MUNICIPALITY - VAZASHEN VILLAGE IRRIGATIONIJEVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$143k
NOYEMBERYAN MUNICIPALITY - BERDAVAN VILLAGE IRRIGATIONNOYEMBERYAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$142k
HOMES FOR ALL INCTOMS RIVER, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$100k
RESEARCH ON ARMENIAN ARCHITECTURETUJUNGA, CAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$100k
PARENTS OF AUSTISTIC CHILDREN OF OCEAN COUNTY INCBRICK, NJUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$85k
PHILOS PROJECT INCNEW YORK, NYUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$70k
ALZHEIMERS CARE ARMENIASAN CLEMENTE, CAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$63k
SAN JOSE STATE UNIVERSITY RESEARCH FOUNDATIONSAN JOSE, CAUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$52k
VIVA CHARITABLE NGOYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$49k
I EDUCATIONAL FUND - NGOTASHIR, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$44k
ARMENIAN ASSOCIATION OF SOCIAL WORKERS NGOYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$44k
REANIMANIA NGOYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$42k
GIRLS OF ARMENIA LEADERSHIP SPORTS NGOYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$40k
TUMANYAN DEVELOPMENT FOUNDATIONYEREVAN, AMUNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.$38k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), 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 THE H HOVNANIAN FAMILY FOUNDATION INC

What does the Board President of THE H HOVNANIAN FAMILY FOUNDATION INC earn?

In 2023, the Board President of THE H HOVNANIAN FAMILY FOUNDATION INC received $155,697 in total compensation. This pay is in the top quarter for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board President pay at THE H HOVNANIAN FAMILY FOUNDATION INC compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New Jersey, the 2023 pay of the Board President at THE H HOVNANIAN FAMILY FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at THE H HOVNANIAN FAMILY FOUNDATION INC equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE H HOVNANIAN FAMILY FOUNDATION INC's revenue and expenses?

In 2023, THE H HOVNANIAN FAMILY FOUNDATION INC reported $11.9M in total revenue and $14.1M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.