Private foundation · EIN 52-2107093 · Madison, Wisconsin · Philanthropy & grantmaking

Eric D and Steven D Hovde Foundation

Should you approach them?

Don't send a cold proposal. The foundation reports that it only gives to preselected organizations; an introduction through a current grantee or board member is the realistic route.

From the 2025 Form 990-PF: 18 grants paid, $1.4M total, median $28K. 44% of grants stayed in Wisconsin.

Accepts applications
No
per 990-PF Part XV
Grants paid, 2025
18
$1.4M
Median grant
$28K
Stays in WI
44%
of grants
Deadline
—
Assets
$7.2M

Grants paid in 2025

18 grants, all shown · from Form 990-PF Part XV. Part XV itemizes $1.4M; Part I reports $1.9M in contributions paid

RecipientPurposeAmount
Many HopesBronxville, NYGeneral contribution to many hopes in support of other partners in several countries$770K
Hogar de Ninos AlalayLA Paz, BLHovde house bolivia$150K
Challenging HeightsAccra, GHHovde house ghana support$100K
Erm RwandaKigali, RWEducational expenses for legacy hfl children, purchase of equipment and furniture for the hovde foundation campus$94K
Pothawira InternationalSpring, TXSupport initiatives for women & children in malawi, hovde home costs$50K
The River Food PantryMadison, WICapital campaign support$50K
ThornEl Segundo, CAThird dispursement of 5 year commitment of $250,000$50K
National Multiple Sclerosis SocietyHartland, WIFunding dr. drosu for postdoctoral research fellowship at mass general hospital$33K
Legado de Esperanza FoundationWilmington, DEHovde house hondouras operations$31K
Bethel Horizons Foundation IncMadison, WIGeneral support$25K
They Playing FieldMadison, WICapital campaign support$25K
Clean Lakes AllianceMadison, WI2025 partnership agreement$15K
Akola AcademyDallas, TXGeneral support$10K
Milwaukee Education PartnershipMilwaukee, WIMep/fafsa grant$7,500
United Madison Christian Givers IncMadison, WIGeneral support$5,000
Escuela de LA CalleQuetzaltengango, GTFinal scholarship payment$2,630
Consultores EmpresarialesSan Jose, CSHovde home costa rica operations$2,477
Shelter From the Storm MinistriesSun Prairie, WIIn kind donation of supplies$1,568

By state: New York 1 · INTL 5 · Wisconsin 8 · Texas 2 · California 1 · Delaware 1

About this foundation

Eric D and Steven D Hovde Foundation is a private grantmaking foundation in Madison, Wisconsin, tax-exempt since 1999. Private foundations must pay out roughly 5% of their assets each year, mostly as grants to 501(c)(3) public charities.

Foundation websiteAll filings on ProPublica

Does Eric D and Steven D Hovde Foundation accept grant applications?

No. On its 2025 Form 990-PF the foundation checked that it only makes contributions to preselected organizations. Look for an introduction through a current grantee.

How much does Eric D and Steven D Hovde Foundation give each year?

In tax year 2025 it paid $1.4M across 18 grants, a median of $28K.

Where does Eric D and Steven D Hovde Foundation give?

New York (1 grants), INTL (5 grants), Wisconsin (8 grants) and elsewhere, per its latest filing.

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