EIN 52-2107093

The Eric D & Steven D Hovde Foundation

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
1999
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Eric D & Steven D Hovde Foundation is a private foundation located in Madison, WI. Its purpose is to primarily fund youth in Rwanda with holistic, family-centered, and trauma-informed interventions to escape homelessness. It also supports initiatives such as table sponsorship for annual meetings. Grantees of the foundation include Many Hopes and others, and it made 16 grants last year. The foundation aims to rescue children from oppression and raise them to be adults of influence equipped to do justice for others.
Also known as...
Eric D and Steven D Hovde Foundation; Hovde Eric D Ttee
Total revenues
$2,423,267
2022
Total expenses
$2,415,822
2022
Total assets
$11,586,371
2022
Num. employees
1
2022

Program areas at The Eric D & Steven D Hovde Foundation

Many hopes many hopes rescues children from oppression and raises them to be adults of influence equipped to do justice for others, causing exponential impact. Through their partnerships with organizations in 6 countries, many hopes walks with children through six stages of The arc to influence child development model. Over 675 children have benefitted their support in 2022.
Cost rica Hovde house face of justice, aims to stop child trafficking and commercial exploitation through prevention, intervention and restoration services. Face of justice currently runs temporary housing facility for 24 children rescued from harmful situations. This year, The Hovde Foundation provided support to The continue The construction of a new, permanent home to care for an additional 24 girls.
Peru Hovde house this facility houses 24 girls, all victims of sexual abuse. Several of them at any time are pregnant or bearing young children as a result of their abuse. This home is a shelter, where The girls find refuge, love, education, healthcare, nutrition, and parenting skills while their aggressors face justice. The girls do not return home until their aggressors are in jail. The Hovde Foundation support operating expenses as well as putting new roofs on all of The buildings.
Prior year tax refund.

Grants made by The Eric D & Steven D Hovde Foundation

GranteeGrant descriptionAmount
Many HopesGeneral Contribution To Many Hopes in Support of Other Partners in Several Countries$1,277,549
Friends of Challenging HeightsHovde House Ghana$83,996
Extended Hands PantryFood Pantry Addition at Lighthouse Church & School$50,000
...and 10 more grants made

Personnel at The Eric D & Steven D Hovde Foundation

NameTitleCompensation
Nicole BiceExecutive Director$138,232
Jeffrey BoydPast Executive Director$130,587

Financials for The Eric D & Steven D Hovde Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,001,000
Investment income and dividends$74,606
Net rental income$0
Net gain from sale of non-inventory assets$1,031,746
Gross sales of inventory$0
Miscellaneous revenues$315,915
Total revenues$2,423,267

Form 990s for The Eric D & Steven D Hovde Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-07-28990PFView PDF
2021-122022-05-12990PFView PDF
2020-122022-04-20990PFView PDF
2020-122021-11-01990PFView PDF
2019-122020-08-24990PRView PDF
...and 7 more Form 990s
Data update history
October 4, 2023
Posted financials
Added Form 990PF for fiscal year 2022
July 30, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 21, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from Kroner Family Foundation
February 3, 2023
Posted financials
Added Form 990PF for fiscal year 2020
September 23, 2021
Received grants
Identified 1 new grant, including a grant for $2,409 from The Sunwest Bank Charitable Foundation I
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Homelessness
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
122 W Washington Ave Suite 350
Madison, WI 53703
Metro area
Madison, WI
County
Dane County, WI
Website URL
hovdefoundation.org/mission-and-vision/ 
Phone
(608) 255-5175
IRS details
EIN
52-2107093
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1999
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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