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EIN 85-4041310

Hoveida Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
City
Bainbridge Island
State
Washington
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Hoveida Family Foundation is a private foundation located in Bainbridge Island, WA. Its primary mission is to fund student support, faculty support, research, and technological innovation for the benefit of humanity. The foundation is dedicated to promoting scientific and engineering education and research for the betterment of the world. It has made grants to various institutions including University Of Illinois Foundation. Last year alone, the foundation made three grants to organizations in line with its purpose.
Total revenues
$869,769
2023
Total expenses
$3,799,263
2023
Total assets
$63,610,645
2023
Num. employees
1
2023

Program areas at Hoveida Family Foundation

Dedicate to the promotion of scientific and engineering education and research to make the world a better place for all humanity and all living things.

Grants made by Hoveida Family Foundation

GranteeGrant descriptionAmount
Mayo ClinicFunding Research for Artificial Intelligence for Medicine, Improvements in Treatments Or Cures for Auto-Immune Disease, Crohn's, Cancer, Diabetes$2,000,000
PBS FoundationProvide Support for Nova and A Brief History of the Future Educational Programming$500,000
IEEE FoundationHelp Build the Next Generation of Power and Energy Engineers By Providing Financial Support and Career Opportunities To Ieee Students$250,000
...and 23 more grants made totalling $3,251,000

Financials for Hoveida Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$1,660,959
Net rental income$0
Net gain from sale of non-inventory assets$-850,326
Gross sales of inventory$0
Miscellaneous revenues$59,136
Total revenues$869,769
Data update history
January 15, 2025
Posted financials
Added Form 990PF for fiscal year 2023
January 5, 2025
Used new vendors
Identified 2 new vendors, including , and
December 1, 2023
Posted financials
Added Form 990PF for fiscal year 2022
November 26, 2023
Used new vendors
Identified 2 new vendors, including , and
July 30, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsPartially liquidatedTax deductible donationsAccepts online donations
General information
Address
4551 Flying Goat Ave Ne A120
Bainbridge Island, WA 98110
Metro area
Bremerton-Silverdale-Port Orchard, WA
County
Kitsap County, WA
Website URL
hoveidafoundation.org/ 
Phone
(206) 717-0669
IRS details
EIN
85-4041310
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2021
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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