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
2023-12-01
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
$207,213
2023
Total expenses
$2,587,625
2023
Total assets
$9,171,095
2023
Num. employees
1
2023

Program areas at The Eric D & Steven D Hovde Foundation

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 1468 children have benefitted their support in 2023.
The peru Hovde house houses 24 girls, all victims of sexual 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.
The 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.
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$716,187
Friends of Challenging HeightsHovde House Ghana$100,000
Pothawira InternationalSupport Initiatives for Women & Children in Malawi$51,339
...and 9 more grants made

Personnel at The Eric D & Steven D Hovde Foundation

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

Financials for The Eric D & Steven D Hovde Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$4,406
Investment income and dividends$48,148
Net rental income$0
Net gain from sale of non-inventory assets$107,592
Gross sales of inventory$0
Miscellaneous revenues$47,067
Total revenues$207,213

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

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-01990PFView PDF
2022-122024-03-14990PFView PDF
2022-122023-07-28990PFView PDF
2021-122022-05-12990PFView PDF
2020-122022-04-20990PFView PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
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
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Homelessness
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online 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/about-us/ 
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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