Private Foundation

THE ERIC D & STEVEN D HOVDE FOUNDATION

Based in MADISON, WI, THE ERIC D & STEVEN D HOVDE FOUNDATION operates as a Private Foundation. The organization reported $2.7M in revenue, $2.5M in expenses, $7.2M in total assets for fiscal year 2025. Imperigo tracks 116 reported grants from this foundation totaling approximately $10.5M.

EIN: 522107093 MADISON, WI Private Grantmaking Foundations NTEE: T20 Latest filing: 2025
Total Revenue$2.7M
Total Expenses$2.5M
Total Assets$7.2M
Grants Given116
Grant Total$10.5M
Filing Years2021–2025

Before you apply to The Eric D & Steven D Hovde Foundation

Preselected only Doesn't accept unsolicited requests for funds, per its 2025 Form 990-PF.

Sometimes funds new orgs 29% of recent recipients were first-time grantees (2023–2025).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

MANY HOPES
BRONXVILLE, NY · 2025
GENERAL CONTRIBUTION TO MANY HOPES IN SUPPORT OF OTHER PARTNERS IN SEVERAL COUNTRIES
$770,000
HOGAR DE NINOS ALALAY
2025
HOVDE HOUSE BOLIVIA
$150,100
CHALLENGING HEIGHTS
2025
HOVDE HOUSE GHANA SUPPORT
$100,000
ERM RWANDA
2025
EDUCATIONAL EXPENSES FOR LEGACY HFL CHILDREN, PURCHASE OF EQUIPMENT AND FURNITURE FOR THE HOVDE FOUNDATION CAMPUS
$94,336
POTHAWIRA INTERNATIONAL
SPRING, TX · 2025
SUPPORT INITIATIVES FOR WOMEN & CHILDREN IN MALAWI, HOVDE HOME COSTS
$50,000

Showing up to 5 of 116 total records — full history available with membership.

Officers & Directors

TRUSTEE Eric D Hovde
EXECUTIVE DIRECTOR Nicole Bice
TRUSTEE Steven D Hovde

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$7,801,612 52 grants
Youth Development
$498,838 7 grants
Education
$252,887 12 grants
Fundraising & Sponsorship
$174,745 10 grants
Food Assistance & Nutrition
$95,060 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $2.5M $7.2M
2024 $482K $2.0M $6.9M
2023 $207K $2.6M $9.2M
2022 $2.4M $2.4M $11.6M
2021 $963K $1.2M $11.9M

Between 2021 and 2025, reported annual revenue grew from $963K to $2.7M (+179%), with total assets most recently reported at $7.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, DE, MA, NC, NY, TX, and 2 other states.

CADEMANCNYTXWAWI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE ERIC D & STEVEN D HOVDE FOUNDATION

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