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EIN 85-4041310

Hoveida Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Bainbridge Island
State
Washington
Year formed
2021
Most recent tax filings
2022-12-01
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
$-1,600,716
2022
Total expenses
$4,372,414
2022
Total assets
$66,540,139
2022
Num. employees
n/a

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
Hilo Medical Center FoundationSupport the Hilo Medical Center With Projects That Benefit the Greater Community. Funding Mental Health Care, Drug Rehabilitation, Medical Facility/equipment Improvements, Housing Grants for Medical Professionals, Scholarships$1,000,000
University of Washington FoundationAll Gifts To the University of Washington, Including Uw Medicine Are Made To the Uw Foundation. Uw Medicine Includes-The Uw School of Medicine, Uw Medical Center, Harborview Medical Center, Northwest Hospital & Medical Center (Including the New BHTF), Uw Physicians, Uw Neighborhood Clinics, Valley Medical Center, and Airlift Northwest$500,000
...and 4 more grants made

Personnel at Hoveida Family Foundation

NameTitleCompensation
Bahman HoveidaPresident$0

Financials for Hoveida Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$1,105,957
Net rental income$0
Net gain from sale of non-inventory assets$-2,706,673
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$-1,600,716

Form 990s for Hoveida Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-08990PFView PDF
Data update history
July 30, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 27, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 27, 2023
Updated personnel
Identified 1 new personnel
May 31, 2023
Updated personnel
Identified 2 new personnel
May 17, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
HealthDiseases and disorders
Characteristics
Provides grantsPartially liquidatedTax deductible donations
General information
Address
4551 Flying Goat Ave Ne A120
Bainbridge Island, WA 98110
Metro area
Bremerton-Silverdale-Port Orchard, 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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