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Filing year 2024

THE HOVEY FOUNDATION

Pittsburgh, Pennsylvania·EIN 23-2544450·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

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

Total revenue
$410k
Total assets
$3.9M
Total expenses
$481k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. THE HOVEY FOUNDATION reported 4 unpaid officers and board members on its 990-PF.

Trustee
Officer
Officer
Officer

Grants paid

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

Total granted

$445k

Itemized grants

19

Median grant

$5k

RecipientLocationPurposeAmount
FINGER LAKES LAND TRUSTITHACA, NYGENERAL OPERATING$174k
EISENHOWER FELLOWSHIPSPHILADELPHIA, PAGENERAL OPERATING$150k
WILLS EYE FOUNDATIONPHILADELPHIA, PAGENERAL OPERATING$25k
GUADALUPE CENTERIMMOKALEE, FLGENERAL OPERATING$25k
BASCOM PALMER EYE INSTITUTEMIAMI, FLGENERAL OPERATING$20k
BELLE MENTE QUANTUM RACING ASSNPENSACOLA, FLGENERAL OPERATING$10k
THE NAVY SEAL FOUNDATIONVIRGINIA BEACH, VAGENERAL OPERATING$9k
NCH CENTER FOR PHILANTHROPYNAPLES, FLGENERAL OPERATING$8k
SPRINGSIDE CHESTNUT HILL ACADEMYPHILADELPHIA, PAGENERAL OPERATING$5k
NEIGHBORHOOD HEALTH CLINICNAPLES, FLGENERAL OPERATING$5k
TUNNEL TO TOWERS FOUNDATIONSTATEN ISLAND, NYGENERAL OPERATING$5k
MORRIS ARBORETUMPHILADELPHIA, PAGENERAL OPERATING$3k
Save a Mind (SAM) Elimu CharityPHILADELPHIA, PAGENERAL OPERATING$2k
OPERATION HOMEFRONTSAN ANTONIO, TXGENERAL OPERATING$1k
TRINITY BY THE COVE EPISCOPAL CHURCHNAPLES, FLGENERAL OPERATING$1k
FLORIDA GULF COAST UNIVERSITYFORT MYERS, FLGENERAL OPERATING$1k
MATTHEW'S MINDFUL MOMENTRYDAL, PAGENERAL OPERATING$1k
WHITEMARSH FOUNDATIONLAFAYETTE, PAGENERAL OPERATING$500
FINGER LAKES BOATING MUSEUMNEW YORK, NYGENERAL OPERATING$500
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

THE HOVEY FOUNDATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$115k
$216k
2022
$218k
$489k
2023
$410k
$481k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Pennsylvania

THE HOVEY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Pennsylvania earns a median of $8,510.

25th percentile
$3k
Median
$8,510
75th percentile
$28k
90th percentile
$76k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,067 organizations across 4,067 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Pennsylvania
FAQ

Common questions about THE HOVEY FOUNDATION

What are THE HOVEY FOUNDATION's revenue and expenses?

In 2024, THE HOVEY FOUNDATION reported $410k in total revenue and $481k 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.